Cambium Networks Corporation (CMBM)
| Market Cap | 613.97M |
| Revenue (ttm) | 291.10M |
| Net Income (ttm) | 11.62M |
| Shares Out | 26.98M |
| EPS (ttm) | 0.41 |
| PE Ratio | 56.24 |
| Forward PE | 16.75 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 248,873 |
| Open | 22.45 |
| Previous Close | 22.71 |
| Day's Range | 22.33 - 23.12 |
| 52-Week Range | 12.4 - 29.38 |
| Beta | 0.88 |
| Analysts | Buy |
| Price Target | 28.85 (+25.1%) |
| Earnings Date | Nov 3, 2022 |
About CMBM
Cambium Networks Corporation, through its subsidiaries, provides wireless broadband networking infrastructure products and solutions for commercial and government network operators. Its wireless fabric includes intelligent radios, smart antennas, radio frequency (RF) algorithms, wireless-aware switches, and cloud-based 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 a... [Read more]
Financial Performance
In 2021, CMBM's revenue was $335.85 million, an increase of 20.61% compared to the previous year's $278.46 million. Earnings were $37.42 million, an increase of 101.46%.
Financial StatementsAnalyst Forecast
According to 13 analysts, the average rating for CMBM stock is "Buy." The 12-month stock price forecast is 28.85, which is an increase of 25.11% from the latest price.
News
3 Wireless Stocks Likely to Ride on Fast-Track 5G Deployment
The accelerated pace of 5G deployment should help the Zacks Wireless National industry thrive despite chip shortages and raw material price volatility. T, CMBM and STRY are well poised to make the most ...
Wall Street Analysts Believe Cambium (CMBM) Could Rally 39%: Here's is How to Trade
The consensus price target hints at a 39% upside potential for Cambium (CMBM). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revi...
Here's Why Cambium (CMBM) is a Promising Portfolio Pick
With healthy fundamentals and upward estimate revisions, Cambium (CMBM) appears to be an enticing investment option at the moment.
Cambium (CMBM) Moves to Buy: Rationale Behind the Upgrade
Cambium (CMBM) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
Can Cambium (CMBM) Climb 27% to Reach the Level Wall Street Analysts Expect?
The average of price targets set by Wall Street analysts indicates a potential upside of 26.8% in Cambium (CMBM). While the effectiveness of this highly sought-after metric is questionable, the positive...
Cambium (CMBM) Beats Q3 Earnings Estimates on Top-Line Growth
Record demand for Enterprise products and higher Point-to-Point revenues help Cambium (CMBM) to beat third-quarter 2022 earnings estimates.
Cambium (CMBM) Q3 Earnings and Revenues Surpass Estimates
Cambium (CMBM) delivered earnings and revenue surprises of 110.53% and 9.48%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?
Cambium Networks Reports Third Quarter 2022 Financial Results
Revenues of $81.2 million, increased 17% sequentially, and 7% year-over-year Record Enterprise (Wi-Fi) revenues of $38.3 million, increased 60% sequentially and 257% year-over-year Gross margin of 50.7%...
Cambium Networks' cnWave 60 GHz V2000 is the Company's Fastest Ever Unlicensed Point-to-Point Fixed Wireless Solution...
Service providers, municipalities and enterprises can now deploy reliable multi-gigabit wireless backhaul for video surveillance or outdoor Wi-Fi ROLLING MEADOWS, Ill. , Nov. 1, 2022 /PRNewswire/ -- Cam...
Cambium (CMBM) Moves 6% Higher: Will This Strength Last?
Cambium (CMBM) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
Cambium Networks' New ONE Network for Enterprise and MSPs Simplifies Operations, Improves Efficiency and Enables Deli...
Powerful framework securely converges technologies from the edge to the cloud creating a single network platform for intelligent automation and application visibility and control ROLLING MEADOWS, Ill. ,...
New Cambium Networks Wi-Fi 6/6E Access Points Bring Premium User Experiences to Enterprises and Service Providers wit...
Indoor and outdoor solutions are fast and simple to deploy for lean IT teams and managed service providers (MSPs) ROLLING MEADOWS, Ill. , Oct. 18, 2022 /PRNewswire/ -- Cambium Networks (NASDAQ: CMBM), ...
Cambium Networks Corporation Announces Third Quarter 2022 Reporting Date
ROLLING MEADOWS, Ill. , Oct. 10, 2022 /PRNewswire/ -- Cambium Networks Corporation ("Cambium Networks") (NASDAQ: CMBM), a leading provider of wireless networking infrastructure solutions, today announce...
Cambium Networks Earns WISPA Service of the Year Award for Leadership in Network Planning Solutions
Honor Recognizes cnHeat™ RF Mapping Tool Featuring Broadband Data Collection (BDC) Reporting ROLLING MEADOWS, Ill. , Oct. 6, 2022 /PRNewswire/ -- Cambium Networks (NASDAQ: CMBM), a leading global provi...
Cambium Networks Solves Network Complexity, Labor, and Spectrum Scarcity Challenges for Internet Service Providers wi...
New platform delivers Gigabit converged technology, application optimization, and intelligent automation along with 6 GHz technology to deliver outstanding online user experiences ROLLING MEADOWS, Ill.,...
3 Wireless Stocks Likely to Transcend Input Cost Volatility
The accelerated pace of 5G deployment should help the Zacks Wireless National industry thrive despite chip shortages and raw material price volatility. GOGO, ATNI and CMBM are well poised to make the mo...
Wall Street Analysts Think Cambium (CMBM) Could Surge 49%: Read This Before Placing a Bet
The consensus price target hints at a 48.6% upside potential for Cambium (CMBM). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate re...
Cambium (CMBM) Q2 Earnings Beat Estimates, Revenues Lag
Cambium (CMBM) beats second-quarter earnings estimates despite soft revenues due to sluggishness from service providers.
Cambium (CMBM) Beats Q2 Earnings and Revenue Estimates
Cambium (CMBM) delivered earnings and revenue surprises of 200% and 1.20%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
Cambium Networks Reports Second Quarter 2022 Financial Results
Revenues of $69.3 million, increased 12% sequentially, and decreased 25% year-over-year Enterprise Wi-Fi revenues of $24.0 million, increased 55% sequentially and 31% year-over-year Gross margin of 48.3...
MSP Nomosphère Blankets Paris Social Access Centers with Simple and Secure Enterprise Wi-Fi from Cambium Networks
Dedicated portal improves services delivered by thousands of social workers ROLLING MEADOWS, Ill. , Aug. 2, 2022 /PRNewswire/ -- Cambium Networks (NASDAQ: CMBM), a leading global provider of wireless ne...
Cambium Networks Fixed Wireless Broadband Technology Selected for National Defense Communications
Rapidly deployable infrastructure supports multiple missions in both garrison and tactical operations ROLLING MEADOWS, Ill. , July 28, 2022 /PRNewswire/ -- Cambium Networks (NASDAQ: CMBM), a leading g...
Cambium Networks Corporation Announces Second Quarter 2022 Reporting Date
ROLLING MEADOWS, Ill. , July 13, 2022 /PRNewswire/ -- Cambium Networks Corporation ("Cambium Networks") (NASDAQ: CMBM), a leading provider of wireless networking infrastructure solutions, today announce...
Cambium Networks Announces cnHeat™ with Integrated Broadband Data Collection (BDC) for Fixed Wireless Connectivity
Broadband service providers efficiently plan and deliver reliable service and meet FCC reporting requirements ROLLING MEADOWS, Ill. , July 12, 2022 /PRNewswire/ -- Cambium Networks (NASDAQ: CMBM), a le...
Cambium (CMBM) Delivers Advanced Radios Under SSS Program
Cambium Networks (CMBM) plans to tap the growing demand for federal security surveillance systems by leveraging its wide range of defense portfolios.