Should I buy or sell Cambium Networks stock right now?

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Cambium Networks in the last twelve months. There are currently 1 sell rating, 2 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" CMBM shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CMBM, but not buy additional shares or sell existing shares. View CMBM analyst ratings or view top-rated stocks .

What is Cambium Networks' stock price target for 2024?

6 Wall Street research analysts have issued 1-year target prices for Cambium Networks' shares. Their CMBM share price targets range from $5.50 to $17.00. On average, they anticipate the company's share price to reach $11.04 in the next twelve months. This suggests a possible upside of 221.9% 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 2024?

Cambium Networks' stock was trading at $6.00 at the beginning of the year. Since then, CMBM stock has decreased by 42.8% and is now trading at $3.43. View the best growth stocks for 2024 here .

Are investors shorting Cambium Networks?

Cambium Networks saw a decrease in short interest in the month of March. As of March 31st, there was short interest totaling 532,600 shares, a decrease of 10.8% from the March 15th total of 597,100 shares. Based on an average trading volume of 110,200 shares, the days-to-cover ratio is presently 4.8 days. Approximately 4.4% of the shares of the stock are short sold. View Cambium Networks' Short Interest .

When is Cambium Networks' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, May 13th 2024. View our CMBM earnings forecast .

How were Cambium Networks' earnings last quarter?

Cambium Networks Co. (NASDAQ:CMBM) posted its earnings results on Thursday, February, 15th. The company reported ($1.03) earnings per share for the quarter, missing analysts' consensus estimates of ($0.44) by $0.59. The company had revenue of $40.21 million for the quarter, compared to analysts' expectations of $41.82 million. Cambium Networks had a negative trailing twelve-month return on equity of 30.83% and a negative net margin of 28.87%.

What ETF holds Cambium Networks' stock?

iShares U.S. Digital Infrastructure and Real Estate ETF holds 29,704 shares of CMBM stock, representing 0.52% of its portfolio.

What guidance has Cambium Networks issued on next quarter's earnings?

Cambium Networks updated its first quarter 2024 earnings guidance on Friday, February, 16th. The company provided EPS guidance of -0.310--0.220 for the period, compared to the consensus estimate of -0.200. The company issued revenue guidance of $43.0 million-$48.0 million, compared to the consensus revenue estimate of $46.4 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?

Cambium Networks (CMBM) raised $81 million in an 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 acted as the underwriters for the IPO and Deutsche Bank Securities, Raymond James, JMP Securities and Oppenheimer were co-managers.

Who are Cambium Networks' major shareholders?

Cambium Networks' stock is owned by many different institutional and retail investors. Top institutional investors include Bridge City Capital LLC (0.96%). Insiders that own company stock include Alexander R Slusky , Bryan Sheppeck , Graaf Raymond De , Kevin J Lynch, Neal M Kurk, Ronald G Ryan , Sally Rau , Scott Imhoff , Vibhu Vivek and Vikram Verma. 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NASDAQ:CMBM

Cambium Networks (CMBM) Stock Price, News & Analysis

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Free CMBM Stock Alerts

$3.43

-0.30 (-8.04%)

(As of 04/18/2024 ET)

Compare

Today's Range: $3.41
▼
$3.80
50-Day Range: $3.43
▼
$4.73
52-Week Range: $3.41
▼
$18.09

Volume: 340,909 shs
Average Volume: 115,144 shs
Market Capitalization: $95.56 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $11.04

Get Cambium Networks alerts:

Cambium Networks MarketRank™ Stock Analysis

Analyst Rating: Hold
2.33 Rating Score
Upside/Downside: 221.9% Upside
$11.04 Price Target
Short Interest: Healthy
4.42% of Float Sold Short
Dividend Strength: N/A
Sustainability: -0.92
Upright™ Environmental Score
News Sentiment: 0.40
Based on 7 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: Growing
From ($0.66) to ($0.06) Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.98 out of 5 stars

Computer And Technology Sector

166th out of 586 stocks

Radio & T.V. Communications Equipment Industry

5th out of 19 stocks

3.2

Analyst's Opinion

Consensus Rating
Cambium Networks has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 3 buy ratings, 2 hold ratings, and 1 sell rating.
Amount of Analyst Coverage
Cambium Networks has only been the subject of 1 research reports in the past 90 days.

4.0

Short Interest

Percentage of Shares Shorted
4.42% of the float of Cambium Networks has been sold short.
Short Interest Ratio / Days to Cover
Cambium Networks has a short interest ratio ("days to cover") of 4.8.
Change versus previous month
Short interest in Cambium Networks has recently decreased by 10.80%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
Cambium Networks does not currently pay a dividend.
Dividend Growth
Cambium Networks does not have a long track record of dividend growth.

2.9

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Cambium 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 Sustainability
The Environmental Impact score for Cambium Networks is -0.92.

1.9

News and Social Media Coverage

News Sentiment
Cambium Networks has a news sentiment score of 0.40. 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 news sentiment score is similar to the average news sentiment of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 7 news articles for Cambium Networks this week, compared to 2 articles on an average week.
MarketBeat Follows
Only 3 people have added Cambium Networks to their MarketBeat watchlist in the last 30 days. This is a decrease of -25% compared to the previous 30 days.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Cambium Networks insiders have not sold or bought any company stock.
Percentage Held by Insiders
57.80% 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 Institutions
87.17% of the stock of Cambium Networks is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6

Earnings and Valuation

Earnings Growth
Earnings for Cambium Networks are expected to grow in the coming year, from ($0.66) to ($0.06) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Cambium Networks is -1.48, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Cambium Networks is -1.48, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Cambium Networks has a P/B Ratio of 1.17. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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About Cambium Networks Stock (NASDAQ:CMBM)

Cambium Networks Corporation, together with its subsidiaries, engages in the design, development, and manufacture of wireless broadband and Wi-Fi networking infrastructure solutions. The company offers point-to-point fixed wireless backhaul and point-to-multipoint fixed wireless solutions; and enterprise solutions comprising cnMatrix cloud-managed wireless-aware switching solution, Xirrus Wi-Fi solutions, and Wi-Fi 6/6E access points which support cnMaestro and Xirrus XMS management. It also offers cnMatrix Ethernet enterprise switching solutions; cnMaestro and cnMaestro X network management platform that provide users with an integrated, intelligent, and easy to use tool for end-to-end network management; network planning tools, such as cnHeat, a network planning subscription service that provides a heat map coverage model display of locations for FWB connectivity; LINKPlanner that allows users to visualize and analyze hypothetical network deployment scenarios to evaluate performance and reliability; and cnArcher, a smartphone app that accelerates installation and deployment of fixed wireless products by field technicians. The company's products are used in broadband access, wireless backhaul, Internet of Things, public safety, national security, and defense communications networks, and Wi-Fi access applications. It serves public or private network operators; broadband internet service providers; mobile network operators; mid-market enterprises, such as education, hospitality, multi-dwelling units, and retail; state and local government; energy, mining, rail operator and utility industries; and military agencies in North America, Europe, the Middle East, Africa, the Caribbean and Latin America, and the Asia Pacific. The company was formerly known as Vector Cambium Holdings (Cayman), Ltd. and changed its name to Cambium Networks Corporation in 2018. Cambium Networks Corporation was founded in 2011 and is headquartered in Rolling Meadows, Illinois.

CMBM Stock Price History

30 days | 90 days | 365 days | Advanced Chart

CMBM Stock News Headlines

April 18, 2024 | americanbankingnews.com

Zacks Research Comments on Cambium Networks Co.'s Q4 2025 Earnings (NASDAQ:CMBM)

April 15, 2024 | americanbankingnews.com

Cambium Networks Co. (NASDAQ:CMBM) Short Interest Update

April 18, 2024 | Crypto 101 Media (Ad)

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April 4, 2024 | investing.com

Cambium Networks names Jacob Sayer as new CFO

April 2, 2024 | prnewswire.com

Cambium Networks Corporation Names Jacob Sayer CFO

March 21, 2024 | prnewswire.com

Cambium Networks Introduces the First in a New Class of Enterprise Wi-Fi 7 Solutions

March 16, 2024 | finance.yahoo.com

CMBM Oct 2024 5.000 call

March 9, 2024 | finance.yahoo.com

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April 18, 2024 | Crypto 101 Media (Ad)

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February 24, 2024 | msn.com

Cambium Networks (CMBM) Price Target Increased by 15.84% to 9.23

February 21, 2024 | markets.businessinsider.com

Analysts’ Opinions Are Mixed on These Technology Stocks: Cambium Networks (CMBM) and Palo Alto Networks (PANW)

February 21, 2024 | finance.yahoo.com

Cambium Networks 6 GHz Fixed Wireless and Enterprise Wi-Fi Enable Service Providers in Canada to Expand Outdoor Gigabit Service

February 21, 2024 | prnewswire.com

Cambium Networks 6 GHz Fixed Wireless and Enterprise Wi-Fi Enable Service Providers in Canada to Expand Outdoor Gigabit Service

February 20, 2024 | msn.com

Supplementary Review: Cambium Networks (CMBM), February 20, 2024

February 18, 2024 | finance.yahoo.com

Here's What Analysts Are Forecasting For Cambium Networks Corporation (NASDAQ:CMBM) After Its Full-Year Results

February 17, 2024 | finance.yahoo.com

Cambium Networks Full Year 2023 Earnings: EPS Misses Expectations

February 16, 2024 | finance.yahoo.com

Q4 2023 Cambium Networks Corp Earnings Call

February 16, 2024 | finance.yahoo.com

Cambium (CMBM) Q4 Loss Wider Than Expected on Lower Revenues

February 16, 2024 | finance.yahoo.com

Cambium Networks Corporation (NASDAQ:CMBM) Q4 2023 Earnings Call Transcript

February 15, 2024 | finance.yahoo.com

Cambium (CMBM) Reports Q4 Loss, Lags Revenue Estimates

February 15, 2024 | finance.yahoo.com

Compared to Estimates, Cambium (CMBM) Q4 Earnings: A Look at Key Metrics

February 15, 2024 | markets.businessinsider.com

Here's what Wall Street expects from Cambium Networks's earnings report

February 15, 2024 | benzinga.com

Recap: Cambium Networks Q4 Earnings

February 15, 2024 | msn.com

Cambium Networks Non-GAAP EPS of -$0.95 misses by $0.56, revenue of $40.2M beats by $0.12M

February 15, 2024 | finance.yahoo.com

Cambium Networks Reports Fourth Quarter and Full Year 2023 Financial Results

February 15, 2024 | finance.yahoo.com

Cambium Networks Corp (CMBM) Faces Revenue Decline and Net Loss in Q4 and Full Year 2023

February 15, 2024 | prnewswire.com

Cambium Networks Reports Fourth Quarter and Full Year 2023 Financial Results

See More Headlines

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Company Calendar

Last Earnings: 2/15/2024
Today: 4/18/2024
Next Earnings (Estimated): 5/13/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Computer and Technology
Industry: Radio & t.v. communications equipment
Sub-Industry: N/A
Current Symbol: NASDAQ:CMBM
CUSIP: N/A
CIK: 1738177
Web: www.cambiumnetworks.com
Phone: (888) 863-5250
Fax: N/A
Employees: 625
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $11.04
High Stock Price Target: $17.00
Low Stock Price Target: $5.50
Potential Upside/Downside: +221.9%
Consensus Rating: Hold
Rating Score (0-4): 2.33
Research Coverage: 6 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($2.31)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-77,420,000.00
Net Margins: -28.87%
Pretax Margin: -28.90%
Return on Equity: -30.83%
Return on Assets: -15.54%

Debt

Debt-to-Equity Ratio: 0.27
Current Ratio: 1.69
Quick Ratio: 0.99

Sales & Book Value

Annual Sales: $220.20 million
Price / Sales: 0.43
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $2.93 per share
Price / Book: 1.17

Miscellaneous

Outstanding Shares: 27,860,000
Free Float: 11,756,000
Market Cap: $95.56 million
Optionable: Optionable
Beta: 0.94

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Key Executives

Mr. Bryan Sheppeck (Age 58)
Senior Vice President of Global Sales
Comp: $481.07k
Mr. Morgan C. S. Kurk (Age 55)
CEO, President & Director
Mr. Jacob A. Sayer
Chief Financial Officer
Mr. Raymond de Graaf (Age 57)
Senior Vice President of Operations
Mr. John M. Becerril (Age 56)
Global Controller, Chief Accounting Officer & Principal Accounting Officer
Mr. Nigel King
Chief Technical Officer
Mr. Peter Schuman
Senior Director of Investor & Industry Analyst Relations
Ms. Sally J. Rau (Age 65)
General Counsel
Comp: $511.69k
Ms. Mary Peterson
Senior VP & Chief Marketing Officer
Ms. Archana Nirwan
Chief Human Resources Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

CMBM Stock Analysis - Frequently Asked Questions

Should I buy or sell Cambium Networks stock right now?: 6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Cambium Networks in the last twelve months. There are currently 1 sell rating, 2 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" CMBM shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CMBM, but not buy additional shares or sell existing shares.
View CMBM analyst ratings or view top-rated stocks.
What is Cambium Networks' stock price target for 2024?: 6 Wall Street research analysts have issued 1-year target prices for Cambium Networks' shares. Their CMBM share price targets range from $5.50 to $17.00. On average, they anticipate the company's share price to reach $11.04 in the next twelve months. This suggests a possible upside of 221.9% 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 2024?: Cambium Networks' stock was trading at $6.00 at the beginning of the year. Since then, CMBM stock has decreased by 42.8% and is now trading at $3.43.
View the best growth stocks for 2024 here.
Are investors shorting Cambium Networks?: Cambium Networks saw a decrease in short interest in the month of March. As of March 31st, there was short interest totaling 532,600 shares, a decrease of 10.8% from the March 15th total of 597,100 shares. Based on an average trading volume of 110,200 shares, the days-to-cover ratio is presently 4.8 days. Approximately 4.4% of the shares of the stock are short sold.
View Cambium Networks' Short Interest.
When is Cambium Networks' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, May 13th 2024.
View our CMBM earnings forecast.
How were Cambium Networks' earnings last quarter?: Cambium Networks Co. (NASDAQ:CMBM) posted its earnings results on Thursday, February, 15th. The company reported ($1.03) earnings per share for the quarter, missing analysts' consensus estimates of ($0.44) by $0.59. The company had revenue of $40.21 million for the quarter, compared to analysts' expectations of $41.82 million. Cambium Networks had a negative trailing twelve-month return on equity of 30.83% and a negative net margin of 28.87%.
What ETF holds Cambium Networks' stock?: iShares U.S. Digital Infrastructure and Real Estate ETF holds 29,704 shares of CMBM stock, representing 0.52% of its portfolio.

What guidance has Cambium Networks issued on next quarter's earnings?: Cambium Networks updated its first quarter 2024 earnings guidance on Friday, February, 16th. The company provided EPS guidance of -0.310--0.220 for the period, compared to the consensus estimate of -0.200. The company issued revenue guidance of $43.0 million-$48.0 million, compared to the consensus revenue estimate of $46.4 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?: Cambium Networks (CMBM) raised $81 million in an 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 acted as the underwriters for the IPO and Deutsche Bank Securities, Raymond James, JMP Securities and Oppenheimer were co-managers.
Who are Cambium Networks' major shareholders?: Cambium Networks' stock is owned by many different institutional and retail investors. Top institutional investors include Bridge City Capital LLC (0.96%). Insiders that own company stock include Alexander R Slusky, Bryan Sheppeck, Graaf Raymond De, Kevin J Lynch, Neal M Kurk, Ronald G Ryan, Sally Rau, Scott Imhoff, Vibhu Vivek and Vikram Verma.
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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:CMBM) was last updated on 4/18/2024 by MarketBeat.com Staff

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Cambium Networks (CMBM) Stock Price, News & Analysis

Cambium Networks MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

News Sentiment

News Coverage This Week

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Cambium Networks Stock (NASDAQ:CMBM)

CMBM Stock Price History

CMBM Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

CMBM Stock Analysis - Frequently Asked Questions

Overall MarketRank^™