Cambium Networks (CMBM) Stock Forecast, Price Target & Predictions
CMBM Stock Forecast
Cambium Networks stock forecast is as follows: an average price target of $34.17 (represents a 2795.76% upside from CMBM’s last price of $1.18) and a rating consensus of 'Buy', based on 1 wall street analysts offering a 1-year stock forecast.
CMBM Price Target
The average price target for Cambium Networks (CMBM) is $34.17 based on 1-year price targets from 1 Wall Street analysts in the past 3 months, with a price target range of $74.00 to $4.50. This represents a potential 2795.76% upside from CMBM's last price of $1.18.
CMBM Analyst Ratings
According to 1 Wall Street analysts, Cambium Networks's rating consensus is 'Buy'. The analyst rating breakdown for CMBM stock is 0 'Strong Buy' (0.00%), 1 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Cambium Networks Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| May 10, 2024 | Simon Leopold | Raymond James | - | - | 22.95% | 281.36% |
| Dec 20, 2022 | J.P. Morgan | - | - | 11.32% | 1933.90% | |
| Nov 15, 2022 | Raymond James | - | - | 13.89% | 2103.39% | |
| Jul 14, 2022 | J.P. Morgan | - | - | 15.06% | 1340.68% | |
| May 06, 2022 | Raymond James | - | - | 139.73% | 2866.10% | |
| May 07, 2021 | Rod Hall | Goldman Sachs | - | - | 26.26% | 6171.19% |
The latest Cambium Networks stock forecast, released on May 10, 2024 by Simon Leopold from Raymond James, set a price target of $4.50, which represents a 22.95% increase from the stock price at the time of the forecast ($3.66), and a 281.36% increase from CMBM last price ($1.18).
Cambium Networks Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 1 |
| Avg Price Target | - | - | $4.50 |
| Last Closing Price | $1.18 | $1.18 | $1.18 |
| Upside/Downside | -100.00% | -100.00% | 281.36% |
In the current month, the average price target of Cambium Networks stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Cambium Networks's last price of $1.18. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| May 10, 2024 | Raymond James | Outperform | Outperform | Hold |
| Nov 15, 2022 | Raymond James | Strong Buy | Outperform | Downgrade |
| Feb 18, 2022 | Raymond James | Strong Buy | Strong Buy | Hold |
Cambium Networks's last stock rating was published by Raymond James on May 10, 2024. The company gave CMBM a "Outperform" rating, the same as its previous rate.
Cambium Networks Financial Forecast
Cambium Networks Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $40.21M | $43.05M | $59.54M | $77.40M | $84.51M | $81.20M | $69.30M | $61.90M | $78.71M | $75.92M | $92.71M | $88.52M | $82.81M | $72.97M | $62.25M | $60.43M | $64.06M | $65.70M |
| Avg Forecast | $57.51M | $55.90M | $54.70M | $53.30M | $55.88M | $54.05M | $49.73M | $44.45M | $42.98M | $45.33M | $46.02M | $45.14M | $41.18M | $45.56M | $76.56M | $77.10M | $82.34M | $74.19M | $68.94M | $66.06M | $76.11M | $78.89M | $88.17M | $83.70M | $76.87M | $70.83M | $59.61M | $55.72M | $64.48M | $69.34M |
| High Forecast | $59.57M | $57.90M | $56.66M | $55.21M | $57.88M | $55.99M | $51.51M | $46.18M | $44.15M | $45.33M | $47.67M | $46.76M | $46.47M | $46.65M | $79.31M | $79.87M | $85.29M | $74.19M | $68.94M | $66.06M | $76.11M | $78.89M | $88.17M | $83.70M | $76.87M | $70.83M | $59.61M | $55.72M | $64.48M | $69.34M |
| Low Forecast | $55.78M | $54.22M | $53.06M | $51.70M | $54.20M | $52.43M | $48.23M | $42.48M | $42.02M | $45.33M | $44.64M | $43.78M | $39.39M | $45.06M | $74.26M | $74.79M | $79.87M | $74.19M | $68.94M | $66.06M | $76.11M | $78.89M | $88.17M | $83.70M | $76.87M | $70.83M | $59.61M | $55.72M | $64.48M | $69.34M |
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 5 | 4 | 2 | 2 | 4 | 6 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 4 | 4 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.98% | 0.94% | 0.78% | 1.00% | 1.03% | 1.09% | 1.01% | 0.94% | 1.03% | 0.96% | 1.05% | 1.06% | 1.08% | 1.03% | 1.04% | 1.08% | 0.99% | 0.95% |
Cambium Networks's average Quarter revenue forecast for Mar 24 based on 2 analysts is $45.14M, with a low forecast of $43.78M, and a high forecast of $46.76M. CMBM's average Quarter revenue forecast represents a 12.27% increase compared to the company's last Quarter revenue of $40.21M (Dec 23).
Cambium Networks EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 5 | 4 | 2 | 2 | 4 | 6 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 4 | 4 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $-35.71M | $-20.62M | $-545.00K | $7.51M | $11.41M | $11.72M | $4.94M | $-482.00K | $4.60M | $7.50M | $15.97M | $12.80M | $12.80M | $8.80M | $6.69M | $2.43M | $3.64M | $5.64M |
| Avg Forecast | $1.37M | $1.33M | $1.30M | $1.27M | $1.33M | $1.29M | $1.18M | $1.06M | $1.02M | $1.08M | $1.10M | $13.49M | $980.56K | $1.08M | $1.82M | $12.27M | $6.47M | $1.81M | $4.94M | $1.61M | $1.86M | $1.92M | $2.15M | $9.70M | $1.87M | $1.73M | $1.45M | $9.86M | $1.57M | $1.69M |
| High Forecast | $1.42M | $1.38M | $1.35M | $1.31M | $1.38M | $1.33M | $1.23M | $1.10M | $1.05M | $1.08M | $1.13M | $16.19M | $1.11M | $1.11M | $1.89M | $14.72M | $7.76M | $1.81M | $5.93M | $1.61M | $1.86M | $1.92M | $2.15M | $11.64M | $1.87M | $1.73M | $1.45M | $11.83M | $1.57M | $1.69M |
| Low Forecast | $1.33M | $1.29M | $1.26M | $1.23M | $1.29M | $1.25M | $1.15M | $1.01M | $1.00M | $1.08M | $1.06M | $10.80M | $937.89K | $1.07M | $1.77M | $9.81M | $5.18M | $1.81M | $3.95M | $1.61M | $1.86M | $1.92M | $2.15M | $7.76M | $1.87M | $1.73M | $1.45M | $7.89M | $1.57M | $1.69M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | -36.42% | -19.01% | -0.30% | 0.61% | 1.76% | 6.48% | 1.00% | -0.30% | 2.48% | 3.90% | 7.43% | 1.32% | 6.83% | 5.10% | 4.60% | 0.25% | 2.31% | 3.33% |
3 analysts predict CMBM's average Quarter EBITDA for Jun 23 to be $1.82M, with a high of $1.89M and a low of $1.77M. This is -75.71% lower than Cambium Networks's previous annual EBITDA (Mar 23) of $7.51M.
Cambium Networks Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 5 | 4 | 2 | 2 | 4 | 6 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 4 | 4 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $-39.01M | $-26.20M | $-2.64M | $4.28M | $10.01M | $9.44M | $2.32M | $-1.57M | $1.43M | $4.62M | $11.52M | $19.86M | $10.51M | $5.59M | $3.31M | $-838.00K | $-1.05M | $1.96M |
| Avg Forecast | $-781.28K | $-1.40M | $-1.67M | $-1.95M | $1.15M | $2.28M | $-1.37M | $-3.32M | $-4.02M | $-4.72M | $-5.92M | $20.94M | $-10.84M | $-1.94M | $5.97M | $19.03M | $2.01M | $5.22M | $2.32M | $-217.03K | $4.09M | $4.99M | $9.19M | $15.05M | $7.57M | $5.38M | $1.95M | $-3.39M | $1.40M | $3.07M |
| High Forecast | $-750.79K | $-1.34M | $-1.61M | $-1.88M | $1.20M | $2.38M | $-1.31M | $-2.49M | $-1.34M | $-4.54M | $-5.68M | $25.12M | $-6.06M | $3.23M | $6.25M | $22.84M | $2.41M | $5.22M | $2.79M | $-217.03K | $4.09M | $4.99M | $9.19M | $18.05M | $7.57M | $5.38M | $1.95M | $-2.72M | $1.40M | $3.07M |
| Low Forecast | $-817.66K | $-1.46M | $-1.75M | $-2.04M | $1.10M | $2.19M | $-1.43M | $-3.88M | $-5.03M | $-4.94M | $-6.19M | $16.75M | $-16.57M | $-4.31M | $5.74M | $15.23M | $1.60M | $5.22M | $1.86M | $-217.03K | $4.09M | $4.99M | $9.19M | $12.04M | $7.57M | $5.38M | $1.95M | $-4.07M | $1.40M | $3.07M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 3.60% | 13.50% | -0.44% | 0.22% | 4.99% | 1.81% | 1.00% | 7.22% | 0.35% | 0.92% | 1.25% | 1.32% | 1.39% | 1.04% | 1.70% | 0.25% | -0.75% | 0.64% |
Cambium Networks's average Quarter net income forecast for Jun 23 is $5.97M, with a range of $5.74M to $6.25M. CMBM's average Quarter net income forecast represents a 39.62% increase compared to the company's last Quarter net income of $4.28M (Mar 23).
Cambium Networks SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 5 | 4 | 2 | 2 | 4 | 6 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 4 | 4 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $15.96M | $18.36M | $17.36M | $18.34M | $17.57M | $17.95M | $18.66M | $17.81M | $18.52M | $16.58M | $17.61M | $17.57M | $17.33M | $16.90M | $14.66M | $16.75M | $17.38M | $16.36M |
| Avg Forecast | $14.75M | $14.34M | $14.03M | $13.67M | $14.33M | $13.87M | $12.76M | $11.40M | $11.03M | $11.63M | $11.81M | $18.52M | $10.57M | $11.69M | $19.64M | $16.84M | $26.03M | $19.01M | $18.66M | $16.92M | $19.50M | $20.21M | $22.59M | $13.31M | $19.69M | $18.15M | $15.27M | $14.28M | $16.52M | $17.77M |
| High Forecast | $15.28M | $14.85M | $14.54M | $14.16M | $14.85M | $14.36M | $13.21M | $11.85M | $11.33M | $11.63M | $12.23M | $22.22M | $11.92M | $11.97M | $20.35M | $20.20M | $31.23M | $19.01M | $22.40M | $16.92M | $19.50M | $20.21M | $22.59M | $15.97M | $19.69M | $18.15M | $15.27M | $14.28M | $16.52M | $17.77M |
| Low Forecast | $14.31M | $13.91M | $13.61M | $13.26M | $13.90M | $13.45M | $12.37M | $10.90M | $10.78M | $11.63M | $11.45M | $14.82M | $10.11M | $11.56M | $19.05M | $13.47M | $20.82M | $19.01M | $14.93M | $16.92M | $19.50M | $20.21M | $22.59M | $10.65M | $19.69M | $18.15M | $15.27M | $14.28M | $16.52M | $17.77M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.51% | 1.57% | 0.88% | 1.09% | 0.68% | 0.94% | 1.00% | 1.05% | 0.95% | 0.82% | 0.78% | 1.32% | 0.88% | 0.93% | 0.96% | 1.17% | 1.05% | 0.92% |
Cambium Networks's average Quarter SG&A projection for Mar 24 is $18.52M, based on 2 Wall Street analysts, with a range of $14.82M to $22.22M. The forecast indicates a 16.07% rise compared to CMBM last annual SG&A of $15.96M (Dec 23).
Cambium Networks EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 5 | 4 | 2 | 2 | 4 | 6 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 4 | 4 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $-1.41 | - | $-0.10 | $0.16 | $0.37 | $0.35 | $0.09 | $-0.06 | $0.05 | $0.17 | $0.44 | $0.76 | $0.41 | $0.22 | $0.13 | $-0.03 | $-0.04 | $0.08 |
| Avg Forecast | $-0.03 | $-0.05 | $-0.06 | $-0.07 | $0.04 | $0.08 | $-0.05 | $-0.12 | $-0.14 | $-0.17 | $-0.21 | $-0.24 | $-0.39 | $-0.07 | $0.21 | $0.20 | $0.25 | $0.19 | $0.07 | $-0.01 | $0.15 | $0.18 | $0.33 | $0.33 | $0.27 | $0.19 | $0.07 | $-0.02 | $0.05 | $0.11 |
| High Forecast | $-0.03 | $-0.05 | $-0.06 | $-0.07 | $0.04 | $0.09 | $-0.05 | $-0.09 | $-0.05 | $-0.16 | $-0.20 | $-0.23 | $-0.22 | $0.12 | $0.22 | $0.21 | $0.26 | $0.19 | $0.07 | $-0.01 | $0.15 | $0.18 | $0.33 | $0.33 | $0.27 | $0.19 | $0.07 | $-0.02 | $0.05 | $0.11 |
| Low Forecast | $-0.03 | $-0.05 | $-0.06 | $-0.07 | $0.04 | $0.08 | $-0.05 | $-0.14 | $-0.18 | $-0.18 | $-0.22 | $-0.25 | $-0.59 | $-0.15 | $0.21 | $0.19 | $0.24 | $0.19 | $0.07 | $-0.01 | $0.15 | $0.18 | $0.33 | $0.33 | $0.27 | $0.19 | $0.07 | $-0.02 | $0.05 | $0.11 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 3.63% | - | -0.45% | 0.79% | 1.47% | 1.87% | 1.35% | 7.53% | 0.36% | 0.95% | 1.34% | 2.32% | 1.51% | 1.14% | 1.86% | 1.25% | -0.80% | 0.73% |
According to 3 Wall Street analysts, Cambium Networks's projected average Quarter EPS for Jun 23 is $0.21, with a low estimate of $0.21 and a high estimate of $0.22. This represents a 33.73% increase compared to CMBM previous annual EPS of $0.16 (Mar 23).