Stock Price
P/E Ratio
Volume Traded Today
Dividend
52 Week High/low
Cambium Networks Corp Market Cap
The Cambium Networks Corp (CMBM) share price is expected to increase by 147.7% over the next year. This is based on calculating the average 12-month share price estimate provided by 0 stock analysts who have covered CMBM. Price targets range from $1.75 at the low end to $7.5 at the high end. The current analyst consensus for CMBM is a sell. Please note analyst price targets are not guaranteed and could be missed completely.
About 0 Wall Street analysts have assignedCMBM 0 buy ratings, 0 hold ratings, and 0 sell ratings. This means that analysts expect Cambium Networks Corp to sell. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on CMBM. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of CMBM.
|
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
|---|---|---|---|---|
| Tim Savageaux Northland Capital Markets | Outperform | $5 | Maintains | Aug 9, 2024 |
| Scott Searle Roth MKM | Buy | $8 | Maintains | Aug 9, 2024 |
| Scott Searle Roth MKM | Buy | $8.5 | Maintains | May 10, 2024 |
| Simon Leopold Raymond James | Outperform | $5.5 | Maintains | Feb 16, 2024 |
| Simon Leopold Raymond James | Outperform | $5.25 | Maintains | Jan 19, 2024 |
| Scott Searle Roth MKM | Buy | $12.75 | Maintains | Nov 3, 2023 |
| Samik Chatterjee JP Morgan | Underweight | $6 | Maintains | Oct 10, 2023 |
| Simon Leopold Raymond James | Outperform | $12 | Maintains | Oct 5, 2023 |
| Erik Suppiger JMP Securities | Market Perform | Downgrade | Oct 5, 2023 | |
| Scott Searle Roth MKM | Buy | $12.5 | Maintains | Oct 5, 2023 |
| Timothy Horan Oppenheimer | Perform | Downgrade | Oct 5, 2023 | |
| Tim Savageaux Northland Capital Markets | Outperform | $10 | Maintains | Oct 5, 2023 |
| Erik Suppiger JMP Securities | Outperform | $17 | Maintains | Aug 2, 2023 |
| Samik Chatterjee JP Morgan | Underweight | $12 | Downgrade | Aug 2, 2023 |
| Simon Leopold Raymond James | Outperform | $15 | Maintains | Aug 2, 2023 |
| Timothy Horan Oppenheimer | Outperform | $15 | Maintains | Aug 2, 2023 |
| Tim Savageaux Northland Capital Markets | Outperform | $17.5 | Maintains | Aug 2, 2023 |
| Simon Leopold Raymond James | Outperform | $24 | Maintains | May 9, 2023 |
| Erik Suppiger JMP Securities | Market Outperform | $45 | Reiterates | May 9, 2023 |
| Samik Chatterjee JP Morgan | Neutral | $20 | Maintains | Apr 19, 2023 |
When did it IPO
N/A
Staff Count
625
Country
United States
Sector/Industry
Technology/Communication Equipment
CEO
Mr. Morgan C. S. Kurk
Market Cap
$48.5M
In 2023, CMBM generated $220.2M in revenue, which was a decrease of -25.84% from the previous year. This can be seen as a signal that CMBM's business is declining, and its share price could be worth less in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Fri, 30 Aug 2024
Sentiment - POSITIVE
Source - Zacks Investment Research
Summary - CMBM is enhancing its corporate social responsibility efforts by launching an initiative focused on creating inclusive opportunities.
Why It Matters - CMBM's commitment to corporate social responsibility may enhance its brand reputation, attract socially conscious investors, and potentially lead to long-term financial growth.
Thu, 29 Aug 2024
Sentiment - NEUTRAL
Source - PRNewsWire
Summary - Cambium Networks is collaborating with QUILT, NODE Networks, TMA Technology Solutions, and ComEd to improve high-speed broadband access for over 440,000 households in underserved Chicago communities.
Why It Matters - Increased access to affordable broadband can boost local economies, potentially expanding Cambium Networks' market and revenue opportunities while improving community connectivity and growth.
Tue, 13 Aug 2024
Sentiment - NEUTRAL
Source - Zacks Investment Research
Summary - Cambium Networks (CMBM) is experiencing changes in international revenue, affecting Wall Street forecasts and the outlook for its stock performance.
Why It Matters - Cambium's shifting international revenue affects growth forecasts, potentially altering stock valuations and investment strategies on Wall Street.
Thu, 08 Aug 2024
Sentiment - NEUTRAL
Source - Seeking Alpha
Summary - Cambium Networks (NASDAQ:CMBM) will hold its Q2 2024 results conference call on August 8, 2024, at 4:30 PM ET, featuring CEO Morgan Kurk and CFO Jacob Sayer.
Why It Matters - Cambium Networks' Q2 2024 results will provide insights into financial performance and strategic direction, influencing stock valuations and investor sentiment.
Thu, 08 Aug 2024
Sentiment - NEUTRAL
Source - PRNewsWire
Summary - Cambium Networks reported Q2 2024 revenues of $45.9M, a 9% increase. Gross margin was 31.4%. Net loss was $9.1M ($0.33/share). Cash balance at $42.6M. Adjusted EBITDA loss improved 57% sequentially.
Why It Matters - Cambium Networks' 9% revenue growth and improved adjusted EBITDA loss indicate operational progress. However, ongoing net losses may raise concerns about long-term profitability and cash management.
Thu, 08 Aug 2024
Sentiment - NEGATIVE
Source - Zacks Investment Research
Summary - Cambium (CMBM) reported a quarterly loss of $0.25 per share, missing the Zacks estimate of a $0.21 loss, compared to a profit of $0.03 per share a year earlier.
Why It Matters - Cambium's larger-than-expected loss signals weaker performance, raising concerns about its growth trajectory and profitability, potentially impacting stock price and investor sentiment.
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