NASDAQ:CMBM

Cambium Networks (CMBM) Stock Price, News & Analysis

$3.30
-0.13 (-3.79%)
(As of 05:12 PM ET)
Today's Range
$3.26
$3.54
50-Day Range
$3.27
$4.64
52-Week Range
$2.92
$18.09
Volume
58,700 shs
Average Volume
115,491 shs
Market Capitalization
$91.94 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
230.6% Upside
$11.04 Price Target
Short Interest
Healthy
4.33% of Float Sold Short
Dividend Strength
N/A
Sustainability
-0.92
Upright™ Environmental Score
News Sentiment
0.15mentions of Cambium Networks in the last 14 days
Based on 11 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.66) to ($0.07) 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.

3.84 out of 5 stars

Computer And Technology Sector

163rd out of 586 stocks

Radio & T.V. Communications Equipment Industry

4th out of 19 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

Mysterious Gold Leverage Just Announced
World's biggest multibillionaire investor group is buying THIS by the tons Most folks have completely missed the fact that there's one group of investors so powerful they're literally buying ONE THING by the tons… Stacking it in their locked vaults on pallets in record numbers.
Cambium Networks Co. (NASDAQ:CMBM) Short Interest Update
Mysterious Gold Leverage Just Announced
World's biggest multibillionaire investor group is buying THIS by the tons Most folks have completely missed the fact that there's one group of investors so powerful they're literally buying ONE THING by the tons… Stacking it in their locked vaults on pallets in record numbers.
Cambium Networks names Jacob Sayer as new CFO
CMBM Oct 2024 5.000 call
7 F-Rated Tech Stocks Not Worth a Single Cent
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
See More Headlines
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.

Company Calendar

Last Earnings
2/15/2024
Today
4/25/2024
Next Earnings (Confirmed)
5/09/2024
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
+234.6%
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
$91.94 million
Optionable
Optionable
Beta
0.94
10 Best Stocks to Own in 2024 Cover

Click the link below and we'll send you MarketBeat's list of the 10 best stocks to own in 2024 and why they should be in your portfolio.

Get This Free Report

Key Executives


CMBM Stock Analysis - Frequently Asked Questions

Should I buy or sell Cambium Networks stock right now?

6 Wall Street 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 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 brokerages have issued 12 month 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 stock price to reach $11.04 in the next year. This suggests a possible upside of 230.6% 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 2024. Since then, CMBM shares have decreased by 44.3% and is now trading at $3.34.
View the best growth stocks for 2024 here
.

Are investors shorting Cambium Networks?

Cambium Networks saw a decrease in short interest during 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 daily 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 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, May 9th 2024.
View our CMBM earnings forecast
.

How can I listen to Cambium Networks' earnings call?

Cambium Networks will be holding an earnings conference call on Thursday, May 9th at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link.

How were Cambium Networks' earnings last quarter?

Cambium Networks Co. (NASDAQ:CMBM) released 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 earned $40.21 million during the quarter, compared to the consensus estimate 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 EPS 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 initial public offering (IPO) on Wednesday, June 26th 2019. The company issued 5,800,000 shares at $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 a variety of institutional and retail investors. Top institutional shareholders 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 4/25/2024 by MarketBeat.com Staff

From Our Partners