Cambium Networks (CMBM) Stock Forecast, Price Target & Predictions


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CMBM Stock Forecast


Cambium Networks stock forecast is as follows: an average price target of $34.17 (represents a 2508.40% upside from CMBM’s last price of $1.31) 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 2508.40% upside from CMBM's last price of $1.31.

CMBM Analyst Ratings


Buy

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


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
May 10, 2024Simon LeopoldRaymond James$4.50$3.6622.95%243.51%
Dec 20, 2022-J.P. Morgan$24.00$21.5611.32%1732.06%
Nov 15, 2022-Raymond James$26.00$22.8313.89%1884.73%
Jul 14, 2022-J.P. Morgan$17.00$14.7815.06%1197.71%
May 06, 2022-Raymond James$35.00$14.60139.73%2571.76%
May 07, 2021Rod HallGoldman Sachs$74.00$58.6126.26%5548.85%
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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 243.51% increase from CMBM last price ($1.31).

Cambium Networks Price Target by Period


1M3M12M
# Anlaysts--1
Avg Price Target--$4.50
Last Closing Price$1.31$1.31$1.31
Upside/Downside-100.00%-100.00%243.51%

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 $1.31. 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


DateCompanyPrevious RatingNew RatingRating Change
May 10, 2024Raymond JamesOutperformOutperformHold
Nov 15, 2022Raymond JamesStrong BuyOutperformDowngrade
Feb 18, 2022Raymond JamesStrong BuyStrong BuyHold
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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 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 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$69.15M
Avg Forecast$58.81M$57.34M$53.44M$48.12M$50.04M$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$69.41M
High Forecast$58.81M$57.34M$53.44M$48.12M$50.04M$46.13M$46.02M$45.14M$46.47M$46.65M$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$69.41M
Low Forecast$58.81M$57.34M$53.44M$48.12M$50.04M$44.63M$46.02M$45.14M$39.39M$45.06M$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$69.41M
# Analysts333345424633444433333333444
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%1.00%

Cambium Networks's average Quarter revenue forecast for Mar 24 based on 2 analysts is $45.14M, with a low forecast of $45.14M, and a high forecast of $45.14M. 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 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19
# Analysts333345424633444433333333444
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$5.64M$-8.06M
Avg Forecast$1.43M$1.40M$1.30M$1.17M$1.22M$1.10M$1.12M$13.49M$1.00M$1.11M$1.87M$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$1.69M$-8.56M
High Forecast$1.43M$1.40M$1.30M$1.17M$1.22M$1.12M$1.12M$16.19M$1.13M$1.14M$1.87M$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$1.69M$-6.85M
Low Forecast$1.43M$1.40M$1.30M$1.17M$1.22M$1.09M$1.12M$10.80M$960.13K$1.10M$1.87M$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$1.69M$-10.27M
Surprise %---------35.57%-18.57%-0.29%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%0.94%

3 analysts predict CMBM's average Quarter EBITDA for Jun 23 to be $1.87M, with a high of $1.87M and a low of $1.87M. This is -75.14% lower than Cambium Networks's previous annual EBITDA (Mar 23) of $7.51M.

Cambium Networks Net Income Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19
# Analysts333345424633444433333333444
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$1.96M$-20.37M
Avg Forecast$920.80K$3.01M$-1.24M$-3.39M$-2.57M$-4.72M$-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$3.07M$-21.65M
High Forecast$920.80K$3.01M$-1.24M$-3.39M$-2.57M$-4.44M$-5.92M$25.12M$-6.06M$3.23M$5.97M$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$3.07M$-17.32M
Low Forecast$920.80K$3.01M$-1.24M$-3.39M$-2.57M$-5.55M$-5.92M$16.75M$-16.57M$-4.31M$5.97M$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$3.07M$-25.98M
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%0.94%

Cambium Networks's average Quarter net income forecast for Jun 23 is $5.97M, with a range of $5.97M to $5.97M. 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 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19
# Analysts333345424633444433333333444
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$27.29M
Avg Forecast$15.07M$14.69M$13.69M$12.33M$12.82M$11.61M$11.79M$18.52M$10.55M$11.67M$19.61M$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$29.00M
High Forecast$15.07M$14.69M$13.69M$12.33M$12.82M$11.82M$11.79M$22.22M$11.91M$11.95M$19.61M$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$34.79M
Low Forecast$15.07M$14.69M$13.69M$12.33M$12.82M$11.43M$11.79M$14.82M$10.09M$11.54M$19.61M$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$23.20M
Surprise %--------1.51%1.57%0.89%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%0.94%

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 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19
# Analysts333345424633444433333333444
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$0.08$-1.47
Avg Forecast$0.03$0.11$-0.04$-0.12$-0.09$-0.17$-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$0.16
High Forecast$0.03$0.11$-0.04$-0.12$-0.09$-0.16$-0.21$-0.24$-0.22$0.12$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$0.16
Low Forecast$0.03$0.11$-0.04$-0.12$-0.09$-0.20$-0.21$-0.24$-0.59$-0.15$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$0.16
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%-9.09%

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 $0.21. This represents a 33.73% increase compared to CMBM previous annual EPS of $0.16 (Mar 23).

Cambium Networks Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
CMBMCambium Networks$1.31$34.172508.40%Buy
RMNIRimini Street$1.80$5.75219.44%Buy
AVNWAviat Networks$20.12$44.50121.17%Buy
CLFDClearfield$35.50$59.6067.89%Buy
CALXCalix$35.14$52.1448.38%Buy

CMBM Forecast FAQ


Yes, according to 1 Wall Street analysts, Cambium Networks (CMBM) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 1 'Buy' recommendations, accounting for 100.00% of CMBM's total ratings.

Cambium Networks (CMBM) average price target is $34.17 with a range of $4.5 to $74, implying a 2508.40% from its last price of $1.31. The data is based on 1 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

According to Wall Street analysts' prediction for CMBM stock, the company can go up by 2508.40% (from the last price of $1.31 to the average price target of $34.17), up by 5548.85% based on the highest stock price target, and up by 243.51% based on the lowest stock price target.

CMBM's average twelve months analyst stock price target of $34.17 supports the claim that Cambium Networks can reach $2 in the near future.

Cambium Networks's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $186.53M (high $187.33M, low $185.83M), average EBITDA is $16.94M (high $19.66M, low $14.22M), average net income is $7.73M (high $12.2M, low $2.71M), average SG&A $54.74M (high $58.65M, low $50.86M), and average EPS is $-0.715 (high $-0.705, low $-0.745). CMBM's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $217.72M (high $217.72M, low $217.72M), average EBITDA is $5.31M (high $5.31M, low $5.31M), average net income is $-695K (high $-695K, low $-695K), average SG&A $55.78M (high $55.78M, low $55.78M), and average EPS is $-0.0249 (high $-0.0249, low $-0.0249).

Based on Cambium Networks's last annual report (Dec 2023), the company's revenue was $220.2M, which missed the average analysts forecast of $240.41M by -8.41%. Apple's EBITDA was $-45.478M, missing the average prediction of $16.25M by -379.90%. The company's net income was $-63.574M, missing the average estimation of $12.23M by -619.98%. Apple's SG&A was $68.2M, beating the average forecast of $58.67M by 16.24%. Lastly, the company's EPS was $-2.31, beating the average prediction of $-0.0418 by 5430.81%. In terms of the last quarterly report (Dec 2023), Cambium Networks's revenue was $40.21M, missing the average analysts' forecast of $41.18M by -2.37%. The company's EBITDA was $-35.709M, missing the average prediction of $1M by -3657.31%. Cambium Networks's net income was $-39.008M, beating the average estimation of $-10.836M by 260.00%. The company's SG&A was $15.96M, beating the average forecast of $10.55M by 51.23%. Lastly, the company's EPS was $-1.41, beating the average prediction of $-0.388 by 263.09%