NASDAQ:CMBM Cambium Networks (CMBM) Stock Forecast, Price & News $16.04 +0.34 (+2.17%) (As of 06/2/2023 ET) Add Compare Share Share Today's Range$15.66▼$16.0550-Day Range$14.07▼$17.7352-Week Range$12.65▼$24.19Volume73,779 shsAverage Volume97,817 shsMarket Capitalization$439.66 millionP/E Ratio17.43Dividend YieldN/APrice Target$23.33 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaSustainability Cambium Networks MarketRank™ ForecastAnalyst RatingModerate Buy2.67 Rating ScoreUpside/Downside45.5% Upside$23.33 Price TargetShort InterestBearish3.40% of Float Sold ShortDividend StrengthN/ASustainability-0.92Upright™ Environmental ScoreNews Sentiment0.90Based on 2 Articles This WeekInsider TradingSelling Shares$450,987 Sold Last QuarterProj. Earnings Growth31.03%From $0.87 to $1.14 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.80 out of 5 starsComputer And Technology Sector48th out of 604 stocksRadio & T.V. Communications Equipment Industry2nd out of 25 stocks 3.3 Analyst's Opinion Consensus RatingCambium Networks has received a consensus rating of Buy. The company's average rating score is 2.67, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $23.33, Cambium Networks has a forecasted upside of 45.5% from its current price of $16.04.Amount of Analyst CoverageCambium Networks has only been the subject of 1 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted3.40% of the float of Cambium Networks has been sold short.Short Interest Ratio / Days to CoverCambium Networks has a short interest ratio ("days to cover") of 5.3.Change versus previous monthShort interest in Cambium Networks has recently increased by 82.09%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldCambium Networks does not currently pay a dividend.Dividend GrowthCambium Networks does not have a long track record of dividend growth. Previous Next 2.9 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreCambium Networks has received a 23.99% net impact score from Upright. Cambium Networks seems to create the most significant positive value in categories "Taxes", "Knowledge infrastructure", and "Jobs". The positive contribution in the "Knowledge infrastructure" impact category is false driven by its "Telecommunications network maintenance for wireless connections", "Telecommunications network maintenance for fixed connections", and "Wireless access points" products. See details.Environmental SustainabilityThe Environmental Impact score for Cambium Networks is -0.92. Previous Next 2.7 News and Social Media Coverage News SentimentCambium Networks has a news sentiment score of 0.90. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.53 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Cambium Networks this week, compared to 3 articles on an average week.MarketBeat Follows3 people have added Cambium Networks to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days. Previous Next 4.2 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Cambium Networks insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $450,987.00 in company stock.Percentage Held by Insiders57.80% of the stock of Cambium Networks is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions90.06% of the stock of Cambium Networks is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Cambium Networks are expected to grow by 31.03% in the coming year, from $0.87 to $1.14 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Cambium Networks is 17.43, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.07.Price to Earnings Ratio vs. SectorThe P/E ratio of Cambium Networks is 17.43, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 371.37.Price to Earnings Growth RatioCambium Networks has a PEG Ratio of 1.13. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioCambium Networks has a P/B Ratio of 2.88. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Cambium Networks (NASDAQ:CMBM) StockCambium Networks Corp. engages in the provision of wireless broadband networking infrastructure solutions for network operators. Its products include point-to-point, enterprise Wi-Fi and switching, CCTV,software, and point-to multipoint. The company was founded in 2011 and is headquartered in Rolling Meadows, IL.Read More Receive CMBM Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Cambium Networks and its competitors with MarketBeat's FREE daily newsletter. Email Address CMBM Stock News HeadlinesMay 31, 2023 | finance.yahoo.comCambium Networks Appoints Archana Nirwan as Chief Human Resources OfficerMay 29, 2023 | finance.yahoo.comCambium Networks Corporation's (NASDAQ:CMBM) Fundamentals Look Pretty Strong: Could The Market Be Wrong About The Stock?June 3, 2023 | Legacy Research (Affiliate) (Ad)“Amazon Loophole” could hand you $28,544 in “royalty” payoutsThanks to a little-known IRS loophole… Regular Americans can collect up to $28,544 (or more) in payouts from what Brad Thomas calls the “Amazon secret royalty program…” See how to collect the next payout before the strict cutoff deadline.May 16, 2023 | finance.yahoo.comEnterprises and Service Providers Boost Security and Network Automation with cnMaestro™ 4.0 from Cambium NetworksMay 10, 2023 | finance.yahoo.comDo Cambium Networks' (NASDAQ:CMBM) Earnings Warrant Your Attention?May 9, 2023 | msn.comRaymond James Maintains Cambium Networks (CMBM) Outperform RecommendationMay 9, 2023 | finance.yahoo.comCambium (CMBM) Q1 Earning Beat Estimates, Revenues Rise Y/YMay 9, 2023 | finance.yahoo.comQ1 2023 Cambium Networks Corp Earnings CallJune 3, 2023 | Legacy Research (Affiliate) (Ad)“Amazon Loophole” could hand you $28,544 in “royalty” payoutsThanks to a little-known IRS loophole… Regular Americans can collect up to $28,544 (or more) in payouts from what Brad Thomas calls the “Amazon secret royalty program…” See how to collect the next payout before the strict cutoff deadline.May 9, 2023 | finance.yahoo.comHere's What Key Metrics Tell Us About Cambium (CMBM) Q1 EarningsMay 8, 2023 | finance.yahoo.comCambium Networks Reports First Quarter 2023 Financial ResultsMay 6, 2023 | americanbankingnews.comCambium Networks (CMBM) Scheduled to Post Earnings on MondayMay 5, 2023 | msn.comUnusual Put Option Trade in Cambium Networks (CMBM) Worth $17.36KApril 25, 2023 | americanbankingnews.comZacks Research Analysts Raise Earnings Estimates for Cambium Networks Co. (NASDAQ:CMBM)April 24, 2023 | finance.yahoo.comCambium (CMBM) Forms 'Hammer Chart Pattern': Time for Bottom Fishing?April 22, 2023 | americanbankingnews.comCambium Networks (NASDAQ:CMBM) Price Target Cut to $20.00April 21, 2023 | finance.yahoo.comDown -16.37% in 4 Weeks, Here's Why You Should You Buy the Dip in Cambium (CMBM)April 21, 2023 | americanbankingnews.comResearch Analysts Set Expectations for Cambium Networks Co.'s FY2023 Earnings (NASDAQ:CMBM)April 20, 2023 | benzinga.comCambium Networks Stock (NASDAQ:CMBM), DividendsApril 20, 2023 | finance.yahoo.comWhy Cambium (CMBM) is a Top Value Stock for the Long-TermApril 20, 2023 | msn.comJP Morgan Maintains Cambium Networks (CMBM) Neutral RecommendationApril 18, 2023 | finance.yahoo.comCambium Networks' (NASDAQ:CMBM) investors will be pleased with their strong 183% return over the last three yearsApril 18, 2023 | finance.yahoo.comCambium Networks Corporation Announces First Quarter 2023 Reporting DateMarch 30, 2023 | finance.yahoo.comCambium Networks Launches High-Performance Wi-Fi 6/6E Tri-Band Outdoor Solution for National Government and Defense MarketsMarch 25, 2023 | americanbankingnews.comCambium Networks Co. (NASDAQ:CMBM) Given Average Recommendation of "Moderate Buy" by BrokeragesMarch 23, 2023 | americanbankingnews.comZacks Research Comments on Cambium Networks Co.'s Q2 2023 Earnings (NASDAQ:CMBM)March 16, 2023 | finance.yahoo.comWhat Is Cambium Networks Corporation's (NASDAQ:CMBM) Share Price Doing?See More Headlines CMBM Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CMBM Company Calendar Last Earnings5/08/2023Today6/03/2023Next Earnings (Estimated)8/03/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Radio & t.v. communications equipment Sub-IndustryN/A SectorComputer and Technology Current SymbolNASDAQ:CMBM CUSIPN/A CIK1738177 Webwww.cambiumnetworks.com Phone(888) 863-5250FaxN/AEmployees573Year FoundedN/APrice Target and Rating Average Stock Price Forecast$23.33 High Stock Price Forecast$25.00 Low Stock Price Forecast$20.00 Forecasted Upside/Downside+45.5%Consensus RatingModerate Buy Rating Score (0-4)2.67 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$0.92 Trailing P/E Ratio17.43 Forward P/E Ratio18.44 P/E Growth1.13Net Income$20.20 million Net Margins8.34% Pretax Margin8.19% Return on Equity18.04% Return on Assets9.52% Debt Debt-to-Equity Ratio0.16 Current Ratio2.39 Quick Ratio1.66 Sales & Book Value Annual Sales$296.90 million Price / Sales1.48 Cash Flow$1.00 per share Price / Cash Flow16.06 Book Value$5.57 per share Price / Book2.88Miscellaneous Outstanding Shares27,410,000Free Float11,565,000Market Cap$439.66 million OptionableNot Optionable Beta0.81 Key ExecutivesAtul BhatnagarPresident, Chief Executive Officer & DirectorRaymond de GraafSenior Vice President-OperationsAndrew P. BronsteinChief Financial OfficerNigel Jonathan Richard KingChief Technology OfficerMary PetersonChief Marketing Office & Senior Vice PresidentKey CompetitorsAviat NetworksNASDAQ:AVNWComtech TelecommunicationsNASDAQ:CMTLVuzixNASDAQ:VUZIGilat Satellite NetworksNASDAQ:GILTSatellogicNASDAQ:SATLView All CompetitorsInsiders & InstitutionsPrelude Capital Management LLCSold 1,031 shares on 6/1/2023Ownership: 0.064%Legato Capital Management LLCBought 4,755 shares on 5/25/2023Ownership: 0.226%Putnam Investments LLCSold 778 shares on 5/22/2023Ownership: 0.068%JPMorgan Chase & Co.Bought 11,236 shares on 5/18/2023Ownership: 0.248%First Trust Advisors LPBought 2,306 shares on 5/16/2023Ownership: 0.110%View All Insider TransactionsView All Institutional Transactions CMBM Stock - Frequently Asked Questions Should I buy or sell Cambium Networks stock right now? 3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cambium Networks in the last year. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" CMBM shares. View CMBM analyst ratings or view top-rated stocks. What is Cambium Networks' stock price forecast for 2023? 3 Wall Street analysts have issued 12 month target prices for Cambium Networks' stock. Their CMBM share price forecasts range from $20.00 to $25.00. On average, they predict the company's stock price to reach $23.33 in the next year. This suggests a possible upside of 45.5% from the stock's current price. View analysts price targets for CMBM or view top-rated stocks among Wall Street analysts. How have CMBM shares performed in 2023? Cambium Networks' stock was trading at $21.67 at the start of the year. Since then, CMBM shares have decreased by 26.0% and is now trading at $16.04. View the best growth stocks for 2023 here. Are investors shorting Cambium Networks? Cambium Networks saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 404,600 shares, an increase of 82.1% from the April 30th total of 222,200 shares. Based on an average trading volume of 75,900 shares, the days-to-cover ratio is presently 5.3 days. Currently, 3.4% of the company's shares are sold short. View Cambium Networks' Short Interest. When is Cambium Networks' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, August 3rd 2023. View our CMBM earnings forecast. How were Cambium Networks' earnings last quarter? Cambium Networks Co. (NASDAQ:CMBM) released its quarterly earnings data on Monday, May, 8th. The company reported $0.16 earnings per share for the quarter, beating analysts' consensus estimates of $0.12 by $0.04. The company had revenue of $77.40 million for the quarter, compared to analysts' expectations of $76.78 million. Cambium Networks had a trailing twelve-month return on equity of 18.04% and a net margin of 8.34%. What ETFs hold Cambium Networks' stock? ETFs with the largest weight of Cambium Networks (NASDAQ:CMBM) stock in their portfolio include iShares North American Tech-Multimedia Networking ETF (IGN) and Defiance Next Gen Connectivity ETF (FIVG).First Trust Dow Jones Select Microcap Index Fund (FDM). What guidance has Cambium Networks issued on next quarter's earnings? Cambium Networks issued an update on its second quarter 2023 earnings guidance on Monday, May, 8th. The company provided EPS guidance of $0.15-$0.27 for the period, compared to the consensus EPS estimate of $0.26. The company issued revenue guidance of $72.00 million-$80.00 million, compared to the consensus revenue estimate of $80.77 million. What is Atul Bhatnagar's approval rating as Cambium Networks' CEO? 27 employees have rated Cambium Networks Chief Executive Officer Atul Bhatnagar on Glassdoor.com. Atul Bhatnagar has an approval rating of 95% among the company's employees. This puts Atul Bhatnagar in the top 30% of approval ratings compared to other CEOs of publicly-traded companies. What other stocks do shareholders of Cambium Networks own? Based on aggregate information from My MarketBeat watchlists, some companies that other Cambium Networks investors own include Occidental Petroleum (OXY), Alibaba Group (BABA), BCE (BCE), British American Tobacco (BTI), Carnival Co. & (CCL), Cinemark (CNK), Canadian Natural Resources (CNQ), Energy Transfer (ET), Etsy (ETSY) and General Motors (GM). When did Cambium Networks IPO? (CMBM) raised $81 million in an initial public offering (IPO) on Wednesday, June 26th 2019. The company issued 5,800,000 shares at a price of $13.00-$15.00 per share. J.P. Morgan and Goldman Sachs served as the underwriters for the IPO and Deutsche Bank Securities, Raymond James, JMP Securities and Oppenheimer were co-managers. What is Cambium Networks' stock symbol? Cambium Networks trades on the NASDAQ under the ticker symbol "CMBM." Who are Cambium Networks' major shareholders? Cambium Networks' stock is owned by a number of retail and institutional investors. Top institutional shareholders include Rice Hall James & Associates LLC (3.21%), BlackRock Inc. (2.97%), Tributary Capital Management LLC (2.49%), AIGH Capital Management LLC (1.94%), Royce & Associates LP (1.64%) and Dimensional Fund Advisors LP (1.50%). Insiders that own company stock include Alexander R Slusky, Atul Bhatnagar, Bryan Sheppeck, Graaf Raymond De, Ronald G Ryan, Sally Rau, Scott Imhoff, Stephen Cumming, Vector Capital, LLC and Vibhu Vivek. View institutional ownership trends. How do I buy shares of Cambium Networks? Shares of CMBM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Cambium Networks' stock price today? One share of CMBM stock can currently be purchased for approximately $16.04. How much money does Cambium Networks make? Cambium Networks (NASDAQ:CMBM) has a market capitalization of $439.66 million and generates $296.90 million in revenue each year. The company earns $20.20 million in net income (profit) each year or $0.92 on an earnings per share basis. How many employees does Cambium Networks have? The company employs 573 workers across the globe. How can I contact Cambium Networks? Cambium Networks' mailing address is 3800 GOLF ROAD SUITE 360, ROLLING MEADOWS IL, 60008. The official website for the company is www.cambiumnetworks.com. The company can be reached via phone at (888) 863-5250 or via email at investors@cambiumnetworks.com. This page (NASDAQ:CMBM) was last updated on 6/3/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Cambium Networks Co. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.