Cambium Networks Corporation (CMBM)
NASDAQ: CMBM · Real-Time Price · USD
0.721
-0.019 (-2.57%)
At close: Dec 20, 2024, 4:00 PM
0.740
+0.019 (2.64%)
After-hours: Dec 20, 2024, 5:06 PM EST
Cambium Networks Stock Forecast
CMBM's stock price has decreased by -85.81% in the past year and price targets may not have had time to catch up.
Stock Price Forecast
The 3 analysts with 12-month price forecasts for Cambium Networks stock have an average target of 5.50, with a low estimate of 3.00 and a high estimate of 8.00. The average target predicts an increase of 662.83% from the current stock price of 0.72.
Analyst Consensus: Strong Buy
* Price targets were last updated on Nov 12, 2024.
Analyst Ratings
The average analyst rating for CMBM stock from 3 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Hold | 2 | 2 | 2 | 2 | 0 | 0 |
| Sell | 1 | 1 | 1 | 1 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 6 | 6 | 6 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Northland Capital Markets | Northland Capital Markets | Buy Maintains $5 → $3 | Buy | Maintains | $5 → $3 | +316.09% | Nov 12, 2024 |
| Northland Capital Markets | Northland Capital Markets | Buy Maintains $7 → $5 | Buy | Maintains | $7 → $5 | +593.48% | Aug 9, 2024 |
| Roth MKM | Roth MKM | Strong Buy Maintains $8.5 → $8 | Strong Buy | Maintains | $8.5 → $8 | +1,009.57% | Aug 9, 2024 |
| Roth MKM | Roth MKM | Strong Buy Maintains $9.75 → $8.5 | Strong Buy | Maintains | $9.75 → $8.5 | +1,078.92% | May 10, 2024 |
| Raymond James | Raymond James | Buy Maintains $5.25 → $5.5 | Buy | Maintains | $5.25 → $5.5 | +662.83% | Feb 16, 2024 |
Financial Forecast
Revenue This Year
178.41M
from 220.20M
Decreased by -18.98%
Revenue Next Year
207.83M
from 178.41M
Increased by 16.49%
EPS This Year
-1.01
from -2.81
EPS Next Year
-0.15
from -1.01
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 184.8M | 216.1M | 232.4M |
| Avg | 178.4M | 207.8M | 225.8M |
| Low | 170.7M | 197.3M | 217.0M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -16.1% | 21.1% | 11.8% |
| Avg | -19.0% | 16.5% | 8.6% |
| Low | -22.5% | 10.6% | 4.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -1.02 | 0.05 | -0.21 |
| Avg | -1.01 | -0.15 | -0.20 |
| Low | -0.99 | -0.34 | -0.20 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | - | - |
| Avg | - | - | - |
| Low | - | - | - |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.