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S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Wall Street rises to more records to close out its latest winning month
Delta Airline’s Put Option Activity Isn’t Bad News
Disney Stock Catches 3 Upgrades In a Single Week
3 Value Stocks Too Small For Buffett’s Portfolio
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Wall Street rises to more records to close out its latest winning month
Delta Airline’s Put Option Activity Isn’t Bad News
Disney Stock Catches 3 Upgrades In a Single Week
3 Value Stocks Too Small For Buffett’s Portfolio
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Wall Street rises to more records to close out its latest winning month
Delta Airline’s Put Option Activity Isn’t Bad News
Disney Stock Catches 3 Upgrades In a Single Week
3 Value Stocks Too Small For Buffett’s Portfolio
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
NASDAQ:CMBM

Cambium Networks (CMBM) Stock Price, News & Analysis

$4.31
-0.10 (-2.27%)
(As of 03/28/2024 ET)
Today's Range
$4.30
$4.46
50-Day Range
$4.05
$4.84
52-Week Range
$3.53
$18.09
Volume
105,429 shs
Average Volume
113,845 shs
Market Capitalization
$120.08 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$11.04

Cambium Networks MarketRank™ Stock Analysis

Analyst Rating
Hold
2.33 Rating Score
Upside/​Downside
156.2% Upside
$11.04 Price Target
Short Interest
Bearish
4.96% of Float Sold Short
Dividend Strength
N/A
Sustainability
-0.92
Upright™ Environmental Score
News Sentiment
0.10mentions of Cambium Networks in the last 14 days
Based on 8 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.

3.88 out of 5 stars

Computer And Technology Sector

189th out of 587 stocks

Radio & T.V. Communications Equipment Industry

8th out of 22 stocks

CMBM stock logo

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

CMBM Stock News Headlines

Buy Friday, Sell Monday, No Exceptions
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Reviewing ZTE (OTCMKTS:ZTCOF) & Cambium Networks (NASDAQ:CMBM)
CMBM Oct 2024 5.000 call
7 F-Rated Tech Stocks Not Worth a Single Cent
Did You Get Your Free Bitcoin Yet?
And my special guest is willing to give you $10 in Bitcoin (BTC) if you take it seriously. Right now is a very important time to pay attention to what we are doing and what is happening. If you wait... it will be too late. This week we are holding several workshops and if you attend and pay attention my special guest is going to send you $10 in Bitcoin.
Q4 2023 Cambium Networks Corp Earnings Call
Cambium (CMBM) Reports Q4 Loss, Lags Revenue Estimates
Here's what Wall Street expects from Cambium Networks's earnings report
Recap: Cambium Networks Q4 Earnings
Cambium Networks Q4 2023 Earnings Preview
See More Headlines
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Company Calendar

Last Earnings
2/15/2024
Today
3/28/2024
Next Earnings (Estimated)
5/13/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Radio & t.v. communications equipment
Sub-Industry
N/A
Current Symbol
NASDAQ:CMBM
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
+150.4%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
6 Analysts

Profitability

Net Income
$-77,420,000.00
Pretax Margin
-28.90%

Debt

Sales & Book Value

Annual Sales
$220.20 million
Book Value
$2.93 per share

Miscellaneous

Free Float
11,756,000
Market Cap
$122.86 million
Optionable
Optionable
Beta
0.94
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Key Executives


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 year. 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 equities research analysts have issued 12-month price targets for Cambium Networks' stock. Their CMBM share price targets range from $5.50 to $17.00. On average, they expect the company's stock price to reach $11.04 in the next twelve months. This suggests a possible upside of 156.2% 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 on January 1st, 2024. Since then, CMBM shares have decreased by 28.2% and is now trading at $4.31.
View the best growth stocks for 2024 here
.

Are investors shorting Cambium Networks?

Cambium Networks saw a increase in short interest in the month of March. As of March 15th, there was short interest totaling 597,100 shares, an increase of 39.1% from the February 29th total of 429,400 shares. Based on an average daily trading volume, of 125,000 shares, the short-interest ratio is currently 4.8 days. Approximately 5.0% 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 quarterly earnings results on Thursday, February, 15th. The company reported ($1.03) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.44) by $0.59. The company earned $40.21 million during the quarter, compared to analyst estimates 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 earnings per share (EPS) guidance of -0.310--0.220 for the period, compared to the consensus earnings per share 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 served 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 a variety of institutional and retail investors. Top institutional shareholders include Hotchkis & Wiley Capital Management LLC (3.94%), Needham Investment Management LLC (3.19%), Vanguard Group Inc. (2.86%), Vanguard Group Inc. (2.86%), Dimensional Fund Advisors LP (0.98%) and Federated Hermes Inc. (0.80%). 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 3/28/2024 by MarketBeat.com Staff

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