CMBM icon

Cambium Networks

1.03 USD
+0.05
5.10%
At close Jan 17, 4:00 PM EST
After hours
1.00
-0.03
2.91%
1 day
5.10%
5 days
7.96%
1 month
55.57%
3 months
-29.45%
6 months
-49.76%
Year to date
31.38%
1 year
-78.45%
5 years
-87.94%
10 years
-89.38%
 

About: Cambium Networks Corp provides wireless broadband networking infrastructure solutions for network operators, including medium-sized wireless Internet service providers, enterprises, and government agencies. The company geographically operates in North America; Europe, Middle East and Africa; Caribbean and Latin America; and Asia Pacific. It derives maximum revenue from North America.

Employees: 625

0
Funds holding %
of 6,823 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

917% more call options, than puts

Call options by funds: $61K | Put options by funds: $6K

0% more funds holding in top 10

Funds holding in top 10: 1 [Q2] → 1 (+0) [Q3]

7.16% less ownership

Funds ownership: 85.22% [Q2] → 78.05% (-7.16%) [Q3]

35% less funds holding

Funds holding: 74 [Q2] → 48 (-26) [Q3]

39% less capital invested

Capital invested by funds: $66.3M [Q2] → $40.3M (-$26M) [Q3]

71% less repeat investments, than reductions

Existing positions increased: 7 | Existing positions reduced: 24

89% less first-time investments, than exits

New positions opened: 3 | Existing positions closed: 28

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

Low target
$3
191%
upside
Avg. target
$3
191%
upside
High target
$3
191%
upside

1 analyst rating

positive
100%
neutral
0%
negative
0%
Northland Capital Markets
Tim Savageaux
62% 1-year accuracy
16 / 26 met price target
191%upside
$3
Outperform
Maintained
12 Nov 2024

Financial journalist opinion

Positive
Zacks Investment Research
6 hours ago
Is Cambium Networks (CMBM) Outperforming Other Computer and Technology Stocks This Year?
Here is how Cambium (CMBM) and Serve Robotics Inc. (SERV) have performed compared to their sector so far this year.
Is Cambium Networks (CMBM) Outperforming Other Computer and Technology Stocks This Year?
Positive
Zacks Investment Research
1 week ago
Looking for a Growth Stock? 3 Reasons Why Cambium (CMBM) is a Solid Choice
Cambium (CMBM) possesses solid growth attributes, which could help it handily outperform the market.
Looking for a Growth Stock? 3 Reasons Why Cambium (CMBM) is a Solid Choice
Neutral
Zacks Investment Research
2 months ago
Why Cambium (CMBM) International Revenue Trends Deserve Your Attention
Examine the evolution of Cambium's (CMBM) overseas revenue trends and their effects on Wall Street's forecasts and the stock's prospects.
Why Cambium (CMBM) International Revenue Trends Deserve Your Attention
Neutral
Seeking Alpha
2 months ago
Cambium Networks Corporation (CMBM) Q3 2024 Earnings Call Transcript
Cambium Networks Corporation (NASDAQ:CMBM ) Q3 2024 Results Conference Call November 7, 2024 4:30 PM ET Company Participants Morgan Kurk - President and CEO Jacob Sayer - CFO Conference Call Participants John Roy - Water Tower Research Operator Good day, and thank you for standing by. Welcome to the Cambium Networks Third Quarter 2024 Financial Results Conference Call.
Cambium Networks Corporation (CMBM) Q3 2024 Earnings Call Transcript
Positive
Zacks Investment Research
2 months ago
CMBM Q3 Loss Narrower Than Expected on Solid Enterprise Revenue Growth
Healthy traction in the Enterprise segment supports Cambium's top line in Q3. Healthy growth in the gross margin and free cash flow are positives.
CMBM Q3 Loss Narrower Than Expected on Solid Enterprise Revenue Growth
Neutral
Zacks Investment Research
2 months ago
Cambium (CMBM) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
While the top- and bottom-line numbers for Cambium (CMBM) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Cambium (CMBM) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
Negative
Zacks Investment Research
2 months ago
Cambium (CMBM) Reports Q3 Loss, Lags Revenue Estimates
Cambium (CMBM) came out with a quarterly loss of $0.14 per share versus the Zacks Consensus Estimate of a loss of $0.17. This compares to loss of $0.44 per share a year ago.
Cambium (CMBM) Reports Q3 Loss, Lags Revenue Estimates
Neutral
PRNewsWire
2 months ago
Cambium Networks Reports Third Quarter 2024 Financial Results
Revenues of $43.7 million decreased 5% sequentially Gross margin of 39.9% and non-GAAP(1) gross margin of 42.3%, both higher sequentially Operating loss of $8.1 million, non-GAAP(1) operating loss of $3.6 million Net loss of $9.7 million or a loss of $0.34 per diluted share; non-GAAP(1) net loss of $3.8 million or a loss of $0.14 per diluted share Net cash provided by operating activities of $8.9 million; $46.5 million cash on the balance sheet Adjusted EBITDA(1) loss of $2.3 million or (5.3)% of revenues, an improvement of 65% sequentially HOFFMAN ESTATES, Ill. , Nov. 7, 2024 /PRNewswire/ -- Cambium Networks Corporation  ("Cambium Networks") (NASDAQ: CMBM), a leading provider of wireless and wired networking infrastructure solutions, today announced financial results for the third quarter 2024 ended September 30, 2024.
Cambium Networks Reports Third Quarter 2024 Financial Results
Neutral
PRNewsWire
2 months ago
Cambium Networks Corporation Announces Third Quarter 2024 Reporting Date
HOFFMAN ESTATES, Ill. , Oct. 28, 2024 /PRNewswire/ -- Cambium Networks Corporation ("Cambium Networks") (NASDAQ: CMBM), a leading provider of wireless networking infrastructure solutions, today announced that it plans to report financial results for the third quarter 2024 ended September 30, 2024, on Thursday, November 7, 2024.
Cambium Networks Corporation Announces Third Quarter 2024 Reporting Date
Positive
Zacks Investment Research
4 months ago
Cambium Aims to Bridge Chicago's Digital Divide: Stock to Benefit?
The initiative reflects CMBM's commitment to corporate social responsibility and its dedication to creating inclusive opportunities.
Cambium Aims to Bridge Chicago's Digital Divide: Stock to Benefit?
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