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 1852.57% upside from CMBM’s last price of $1.75) 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 1852.57% upside from CMBM's last price of $1.75.
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 | $4.50 | $3.66 | 22.95% | 157.14% |
| Dec 20, 2022 | - | J.P. Morgan | $24.00 | $21.56 | 11.32% | 1271.43% |
| Nov 15, 2022 | - | Raymond James | $26.00 | $22.83 | 13.89% | 1385.71% |
| Jul 14, 2022 | - | J.P. Morgan | $17.00 | $14.78 | 15.06% | 871.43% |
| May 06, 2022 | - | Raymond James | $35.00 | $14.60 | 139.73% | 1900.00% |
| May 07, 2021 | Rod Hall | Goldman Sachs | $74.00 | $58.61 | 26.26% | 4128.57% |
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 157.14% increase from CMBM last price ($1.75).
Cambium Networks Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 1 |
| Avg Price Target | - | - | $4.50 |
| Last Closing Price | $1.75 | $1.75 | $1.75 |
| Upside/Downside | -100.00% | -100.00% | 157.14% |
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 $1.75. 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 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | $40.21M | $43.05M | $59.54M | $77.40M | $84.51M | $81.20M | - | $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 | $60.14M | $58.68M | $54.78M | $49.46M | $50.84M | $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 | $61.19M | $59.70M | $55.73M | $50.32M | $51.73M | $46.13M | $46.82M | $45.93M | $46.47M | $46.65M | $77.90M | $78.45M | $83.77M | $75.49M | $68.94M | $68.07M | $78.43M | $81.30M | $90.86M | $86.26M | $79.22M | $72.99M | $61.43M | $57.42M | $66.45M | $71.46M | $71.52M |
| Low Forecast | $59.14M | $57.69M | $53.86M | $48.63M | $49.99M | $44.63M | $45.25M | $44.38M | $39.39M | $45.06M | $75.28M | $75.81M | $80.96M | $72.95M | $68.94M | $62.70M | $72.25M | $74.89M | $83.70M | $79.45M | $72.97M | $67.23M | $56.59M | $52.89M | $61.21M | $65.82M | $65.88M |
| # Analysts | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 2 | 4 | 6 | 3 | 3 | 4 | 4 | 2 | 2 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 2 | 2 | 2 |
| Surprise % | - | - | - | - | - | - | - | - | 0.98% | 0.94% | 0.78% | 1.00% | 1.03% | 1.09% | - | 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 $44.38M, and a high forecast of $45.93M. 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 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 2 | 4 | 6 | 3 | 3 | 4 | 4 | 2 | 2 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 2 | 2 | 2 |
| EBITDA | - | - | - | - | - | - | - | - | $-35.71M | $-20.62M | $-545.00K | $7.51M | $11.41M | $11.72M | - | $-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 | $1.47M | $1.43M | $1.34M | $1.21M | $1.24M | $1.10M | $1.12M | $13.49M | $1.00M | $1.11M | $1.87M | $12.27M | $2.01M | $9.07M | $1.68M | $1.61M | $5.11M | $8.25M | $9.91M | $9.70M | $8.34M | $4.59M | $3.92M | $9.86M | $2.38M | $4.23M | $-8.56M |
| High Forecast | $1.49M | $1.46M | $1.36M | $1.23M | $1.26M | $1.12M | $1.14M | $16.19M | $1.13M | $1.14M | $1.90M | $14.72M | $2.04M | $10.89M | $1.68M | $1.66M | $6.14M | $9.90M | $11.89M | $11.64M | $10.01M | $5.51M | $4.70M | $11.83M | $2.85M | $5.07M | $-6.85M |
| Low Forecast | $1.44M | $1.41M | $1.31M | $1.19M | $1.22M | $1.09M | $1.10M | $10.80M | $960.13K | $1.10M | $1.83M | $9.81M | $1.97M | $7.26M | $1.68M | $1.53M | $4.09M | $6.60M | $7.93M | $7.76M | $6.67M | $3.67M | $3.13M | $7.89M | $1.90M | $3.38M | $-10.27M |
| Surprise % | - | - | - | - | - | - | - | - | -35.57% | -18.57% | -0.29% | 0.61% | 5.68% | 1.29% | - | -0.30% | 0.90% | 0.91% | 1.61% | 1.32% | 1.53% | 1.92% | 1.71% | 0.25% | 1.53% | 1.33% | 0.94% |
3 analysts predict CMBM's average Quarter EBITDA for Jun 23 to be $1.87M, with a high of $1.90M and a low of $1.83M. This is -75.14% lower than Cambium Networks's previous annual EBITDA (Mar 23) of $7.51M.
Cambium Networks Net Income Forecast
| 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 2 | 4 | 6 | 3 | 3 | 4 | 4 | 2 | 2 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 2 | 2 | 2 |
| Net Income | - | - | - | - | - | - | - | - | $-39.01M | $-26.20M | $-2.64M | $4.28M | $10.01M | $9.44M | - | $-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 | $1.39M | $3.48M | $-678.04K | $-2.83M | $-2.29M | $-4.72M | $-5.92M | $20.94M | $-10.84M | $-1.94M | $5.97M | $19.03M | $7.05M | $5.59M | $1.86M | $-215.29K | $1.59M | $5.08M | $7.15M | $15.05M | $6.85M | $2.92M | $1.94M | $-3.39M | $-685.21K | $1.47M | $-21.65M |
| High Forecast | $1.42M | $3.55M | $-663.26K | $-2.77M | $-2.24M | $-4.44M | $-5.79M | $25.12M | $-6.06M | $3.23M | $6.11M | $22.84M | $7.21M | $6.70M | $1.86M | $-201.08K | $1.90M | $6.09M | $8.58M | $18.05M | $8.22M | $3.50M | $2.33M | $-2.72M | $-548.16K | $1.76M | $-17.32M |
| Low Forecast | $1.36M | $3.40M | $-693.41K | $-2.90M | $-2.34M | $-5.55M | $-6.05M | $16.75M | $-16.57M | $-4.31M | $5.84M | $15.23M | $6.89M | $4.47M | $1.86M | $-223.83K | $1.27M | $4.06M | $5.72M | $12.04M | $5.48M | $2.33M | $1.55M | $-4.07M | $-822.25K | $1.18M | $-25.98M |
| Surprise % | - | - | - | - | - | - | - | - | 3.60% | 13.50% | -0.44% | 0.22% | 1.42% | 1.69% | - | 7.28% | 0.90% | 0.91% | 1.61% | 1.32% | 1.53% | 1.92% | 1.71% | 0.25% | 1.53% | 1.33% | 0.94% |
Cambium Networks's average Quarter net income forecast for Jun 23 is $5.97M, with a range of $5.84M to $6.11M. 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 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 2 | 4 | 6 | 3 | 3 | 4 | 4 | 2 | 2 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 2 | 2 | 2 |
| SG&A | - | - | - | - | - | - | - | - | $15.96M | $18.36M | $17.36M | $18.34M | $17.57M | $17.95M | - | $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 | $15.41M | $15.03M | $14.03M | $12.67M | $13.02M | $11.61M | $11.79M | $18.52M | $10.55M | $11.67M | $19.61M | $16.84M | $21.09M | $20.06M | $17.66M | $16.92M | $20.57M | $18.24M | $10.93M | $13.31M | $11.30M | $8.80M | $8.59M | $14.28M | $11.35M | $12.27M | $29.00M |
| High Forecast | $15.68M | $15.29M | $14.28M | $12.89M | $13.25M | $11.82M | $12.00M | $22.22M | $11.91M | $11.95M | $19.96M | $20.20M | $21.46M | $24.07M | $17.66M | $17.44M | $24.69M | $21.88M | $13.12M | $15.97M | $13.55M | $10.57M | $10.31M | $14.71M | $13.62M | $14.72M | $34.79M |
| Low Forecast | $15.15M | $14.78M | $13.80M | $12.46M | $12.81M | $11.43M | $11.59M | $14.82M | $10.09M | $11.54M | $19.29M | $13.47M | $20.74M | $16.05M | $17.66M | $16.06M | $16.46M | $14.59M | $8.75M | $10.65M | $9.04M | $7.04M | $6.87M | $13.55M | $9.08M | $9.82M | $23.20M |
| Surprise % | - | - | - | - | - | - | - | - | 1.51% | 1.57% | 0.89% | 1.09% | 0.83% | 0.89% | - | 1.05% | 0.90% | 0.91% | 1.61% | 1.32% | 1.53% | 1.92% | 1.71% | 1.17% | 1.53% | 1.33% | 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 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 2 | 4 | 6 | 3 | 3 | 4 | 4 | 2 | 2 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 2 | 2 | 2 |
| EPS | - | - | - | - | - | - | - | - | $-1.41 | - | $-0.10 | $0.16 | $0.37 | $0.35 | - | $-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 | $0.05 | $0.12 | $-0.02 | $-0.10 | $-0.08 | $-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 | $0.05 | $0.13 | $-0.02 | $-0.10 | $-0.08 | $-0.16 | $-0.21 | $-0.24 | $-0.22 | $0.12 | $0.22 | $0.21 | $0.26 | $0.19 | $0.07 | $-0.01 | $0.15 | $0.19 | $0.34 | $0.34 | $0.28 | $0.20 | $0.07 | $-0.02 | $0.05 | $0.11 | $0.17 |
| Low Forecast | $0.05 | $0.12 | $-0.02 | $-0.10 | $-0.08 | $-0.20 | $-0.22 | $-0.25 | $-0.59 | $-0.15 | $0.21 | $0.20 | $0.25 | $0.18 | $0.07 | $-0.01 | $0.14 | $0.17 | $0.31 | $0.31 | $0.25 | $0.18 | $0.07 | $-0.02 | $0.05 | $0.10 | $0.15 |
| Surprise % | - | - | - | - | - | - | - | - | 3.63% | - | -0.45% | 0.79% | 1.47% | 1.87% | - | 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 $0.22. This represents a 33.73% increase compared to CMBM previous annual EPS of $0.16 (Mar 23).
Cambium Networks Peer Comparison by Price Target
CMBM Forecast FAQ
Is Cambium Networks a good buy?
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.
What is CMBM's price target?
Cambium Networks (CMBM) average price target is $34.17 with a range of $4.5 to $74, implying a 1852.57% from its last price of $1.75. The data is based on 1 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Cambium Networks stock go up soon?
According to Wall Street analysts' prediction for CMBM stock, the company can go up by 1852.57% (from the last price of $1.75 to the average price target of $34.17), up by 4128.57% based on the highest stock price target, and up by 157.14% based on the lowest stock price target.
Can Cambium Networks stock reach $3?
CMBM's average twelve months analyst stock price target of $34.17 supports the claim that Cambium Networks can reach $3 in the near future.
What are Cambium Networks's analysts' financial forecasts?
Cambium Networks's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $187.33M (high $190.6M, low $184.24M), average EBITDA is $16.96M (high $19.72M, low $14.2M), average net income is $8.01M (high $12.66M, low $2.81M), average SG&A $54.95M (high $59.29M, low $50.65M), and average EPS is $-0.705 (high $-0.684, low $-0.747). CMBM's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $223.05M (high $226.94M, low $219.31M), average EBITDA is $5.44M (high $5.53M, low $5.35M), average net income is $1.35M (high $1.54M, low $1.17M), average SG&A $57.14M (high $58.14M, low $56.18M), and average EPS is $0.0484 (high $0.0551, low $0.0418).
Did the CMBM's actual financial results beat the analysts' financial forecasts?
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%