Cambium Networks Corporation (CMBM)

NASDAQ: CMBM · IEX Real-Time Price · USD
19.74 -1.08 (-5.19%)
Jan 21, 2022 4:00 PM EST - Market closed
Market Cap525.99M
Revenue (ttm)339.95M
Net Income (ttm)46.50M
Shares Out26.65M
EPS (ttm)1.62
PE Ratio12.16
Forward PE18.73
Dividendn/a
Ex-Dividend Daten/a
Volume260,373
Open20.62
Previous Close20.82
Day's Range19.73 - 21.29
52-Week Range19.73 - 66.40
Beta0.33
AnalystsBuy
Price Target52.86 (+167.8%)
Earnings DateFeb 16, 2022

About CMBM

Cambium Networks Corporation, through its subsidiaries, provides wireless broadband networking infrastructure products and solutions for network operators. Its wireless fabric includes intelligent radios, smart antennas, radio frequency (RF) algorithms, wireless-aware switches, and network management software. The company offers point-to-point backhaul, point-to-multipoint distribution, Wi-Fi access, cnMatrix ethernet enterprise switching, cnReach IIoT, cnVision video surveillance transport, and cnMaestro and network management tools and soluti...

IndustryCommunications Equipment
IPO DateJun 26, 2019
CEOAtul Bhatnagar
Employees512
Stock ExchangeNASDAQ
Ticker SymbolCMBM
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 9 analysts, the average rating for CMBM stock is "Buy." The 12-month stock price forecast is 52.86, which is an increase of 167.78% from the latest price.

Price Target
$52.86
(167.78% upside)
Analyst Consensus: Buy

News

Cambium Networks Launches Software-Defined Wi-Fi 6E Solutions that Triple Wi-Fi AP Capacity with 6 GHz Support

ROLLING MEADOWS, Ill., Jan. 11, 2022 /PRNewswire/ --  Cambium Networks  (NASDAQ: CMBM), a leading global provider of wireless networking solutions, today announced new Wi-Fi 6E solutions for the enterpr...

1 week ago - PRNewsWire

Cambium Networks Fixed Wireless and Outdoor Wi-Fi Technologies Enable Buckeye Mountain to Improve Efficiency at Shipp...

ROLLING MEADOWS, Ill., Dec. 14, 2021 /PRNewswire/ -- Cambium Networks (NASDAQ: CMBM), a leading global provider of wireless networking solutions, today announced that Buckeye Mountain, a leading system ...

1 month ago - PRNewsWire

Cambium Networks Announces 28 GHz cnWave™ Multi-Gigabit 5G Fixed Wireless Solution

ROLLING MEADOWS, Ill. , Dec. 7, 2021 /PRNewswire/ -- Cambium Networks  (NASDAQ: CMBM), a leading global provider of wireless networking solutions, today announced the availability of a 5G based fixed wi...

1 month ago - PRNewsWire

Wireless Broadband Service Provider Optimism Reaches an All-Time High Despite Lingering Pandemic and Economic Uncerta...

ROLLING MEADOWS, Ill., Nov. 30, 2021 /PRNewswire/ -- Despite the unprecedented challenges brought on by the COVID-19 pandemic and uncertainty in the economic climate, optimism among wireless broadband s...

1 month ago - PRNewsWire

Cambium (CMBM) to Power Broadband Connectivity in Libya

Leveraging ePMP fixed wireless broadband technology, Cambium (CMBM) will provide high-quality Internet to more than 60,000 residential, business and enterprise customers in Libya.

1 month ago - Zacks Investment Research

Cambium (CMBM) Boosts Lnet's Network With ePMP Fixed Wireless

Cambium (CMBM) teams up with Lnet to boost the network infrastructure of Libya on the back of ePMP fixed wireless broadband technology and cnMaestro network management capabilities.

1 month ago - Zacks Investment Research

Cambium Networks ePMP Fixed Wireless Technology Enables Lnet to Serve 60,000 Subscribers in Libya

ROLLING MEADOWS, Ill., Nov. 23, 2021 /PRNewswire/ -- Cambium Networks  (NASDAQ: CMBM), a leading global provider of wireless networking solutions, today announced that Lnet has deployed ePMP™ fixed wire...

2 months ago - PRNewsWire

Cambium (CMBM) Beats on Q3 Earnings Despite Supply Chain Woes

Solid demand trends and secular growth drivers enable Cambium (CMBM) to beat third-quarter earnings estimates despite supply chain headwinds.

2 months ago - Zacks Investment Research

Cambium (CMBM) Q3 Earnings and Revenues Beat Estimates

Cambium (CMBM) delivered earnings and revenue surprises of 76.92% and 1.00%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

2 months ago - Zacks Investment Research

Cambium Networks Reports Third Quarter 2021 Financial Results

ROLLING MEADOWS, Ill., Nov. 4, 2021 /PRNewswire/ -- Cambium Networks Corporation ("Cambium Networks") (NASDAQ: CMBM), a leading provider of wireless networking infrastructure solutions, today announced ...

2 months ago - PRNewsWire

Analysts Estimate Cambium (CMBM) to Report a Decline in Earnings: What to Look Out for

Cambium (CMBM) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

2 months ago - Zacks Investment Research

Cambium Networks Wi-Fi Solutions Help Connect People to Their Heritage on Liberty Island

ROLLING MEADOWS, Ill., Oct. 27, 2021 /PRNewswire/ -- Cambium Networks (NASDAQ: CMBM), a leading global provider of wireless networking solutions, today announced that The Statue of Liberty-Ellis Island ...

2 months ago - PRNewsWire

Cambium (CMBM) Issues Preliminary Q3 Results, Revenues Down

The lower third-quarter revenue projection by Cambium (CMBM) is primarily due to supply chain disruptions leading to a fall in the shipment of products.

3 months ago - Zacks Investment Research

Cambium Networks Corporation Announces Preliminary Third Quarter 2021 Revenues and Reporting Date

ROLLING MEADOWS, Ill., Oct. 21, 2021 /PRNewswire/ -- Cambium Networks Corporation ("Cambium Networks") (NASDAQ: CMBM), a leading provider of wireless networking infrastructure solutions, today announced...

3 months ago - PRNewsWire

Cambium Networks Recognized by Wireless ISPs for Leadership in Fixed Wireless and Wi-Fi Solutions

ROLLING MEADOWS, Ill., Oct. 12, 2021 /PRNewswire/ -- Cambium Networks (NASDAQ: CMBM), a leading global provider of fixed wireless and Wi-Fi networking solutions, today announced it has received the Manu...

3 months ago - PRNewsWire

Cambium (CMBM) Augments Supply of Wireless Solutions in Africa

Cambium (CMBM) partners with First Distribution to boost the supply of its wireless fabric portfolio of communication solutions in Africa.

3 months ago - Zacks Investment Research

Cambium Networks 60 GHz cnWave Technology Enables Pentanet to Rapidly Build a Multi-Gigabit Fixed Wireless Network Se...

ROLLING MEADOWS, Ill., Sept. 19, 2021 /PRNewswire/ --  Cambium Networks  (NASDAQ: CMBM), a leading global provider of wireless networking solutions, today announced that Pentanet is building neXus, a mu...

4 months ago - PRNewsWire

Cambium (CMBM) Powers MDU Connectivity With Wireless Solutions

Cambium (CMBM) partners with system integrators to enhance the connectivity of multi-dwelling developments and hospitality campuses with its state-of-the-art wireless solutions.

4 months ago - Zacks Investment Research

Cambium Networks Expands Outdoor Wireless Solutions for Campus and Public Networks with Trailblazing Wi-Fi 6 Performa...

ROLLING MEADOWS, Ill., Sept. 14, 2021 /PRNewswire/ -- Cambium Networks  (NASDAQ: CMBM), a leading global provider of wireless networking solutions, today announced new XV2-2T outdoor Wi-Fi 6 access poin...

4 months ago - PRNewsWire

System Integrators Improve Hospitality and Multi-Dwelling Unit Clients' Bottom Line with Wireless Solutions from Camb...

ROLLING MEADOWS, Ill., Sept. 10, 2021 /PRNewswire/ --  Cambium Networks  (NASDAQ: CMBM), a leading global provider of wireless networking solutions, today announced that multiple enterprise focused syst...

4 months ago - PRNewsWire

Cambium (CMBM) Down 15.8% Since Last Earnings Report: Can It Rebound?

Cambium (CMBM) reported earnings 30 days ago. What's next for the stock?

4 months ago - Zacks Investment Research

Cambium (CMBM) Becomes Founding Member of Innovation Center

Cambium's (CMBM) multi-gigabit wireless solutions provide connectivity tools to solve challenges in an efficient way to enable next-generation use cases.

5 months ago - Zacks Investment Research

Future Technologies Venture Opens Innovation Center with Cambium Networks as a Founding Member

ROLLING MEADOWS, Ill., Aug. 18, 2021 /PRNewswire/ -- Cambium Networks  (NASDAQ: CMBM), a leading global provider of wireless networking solutions, today announced it is a founding member of the Future T...

5 months ago - PRNewsWire