Cambium Networks Corporation (CMBM)
NASDAQ: CMBM · IEX Real-Time Price · USD
3.560
+0.260 (7.88%)
At close: Apr 26, 2024, 4:00 PM
3.410
-0.150 (-4.21%)
After-hours: Apr 26, 2024, 7:59 PM EDT
Cambium Networks Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for Cambium Networks stock have an average target of 8.56, with a low estimate of 5.50 and a high estimate of 12.75. The average target predicts an increase of 140.45% from the current stock price of 3.56.
Analyst Consensus: Buy
* Price targets were last updated on Feb 16, 2024.
Analyst Ratings
The average analyst rating for CMBM stock from 6 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Hold | 2 | 2 | 2 | 2 | 2 | 2 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 6 | 6 | 6 | 6 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Raymond James | Raymond James | Buy Maintains $5.25 → $5.5 | Buy | Maintains | $5.25 → $5.5 | +54.49% | Feb 16, 2024 |
| Raymond James | Raymond James | Buy Maintains $5.5 → $5.25 | Buy | Maintains | $5.5 → $5.25 | +47.47% | Jan 19, 2024 |
| Roth MKM | Roth MKM | Strong Buy Maintains $13 → $13 | Strong Buy | Maintains | $13 → $13 | +258.15% | Nov 3, 2023 |
| JP Morgan | JP Morgan | Sell Maintains $12 → $6 | Sell | Maintains | $12 → $6 | +68.54% | Oct 10, 2023 |
| Northland Capital Markets | Northland Capital Markets | Buy Maintains $18 → $10 | Buy | Maintains | $18 → $10 | +180.90% | Oct 5, 2023 |
Financial Forecast
Revenue This Year
230.83M
from 220.20M
Increased by 4.83%
Revenue Next Year
280.15M
from 230.83M
Increased by 21.37%
EPS This Year
-0.25
from -2.81
EPS Next Year
0.45
from -0.25
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 243.9M | 305.6M | 306.9M |
| Avg | 230.8M | 280.2M | 298.2M |
| Low | 212.0M | 252.9M | 286.5M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 10.8% | 32.4% | 9.6% |
| Avg | 4.8% | 21.4% | 6.4% |
| Low | -3.7% | 9.6% | 2.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -0.19 | 0.68 | 0.98 |
| Avg | -0.25 | 0.45 | 0.95 |
| Low | -0.49 | -0.10 | 0.91 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | - | 114.7% |
| Avg | - | - | 108.5% |
| Low | - | - | 100.3% |
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.