Cambium Networks Corporation (CMBM)
NASDAQ: CMBM · IEX Real-Time Price · USD
3.210
+0.160 (5.25%)
At close: May 31, 2024, 4:00 PM
3.370
+0.160 (4.98%)
After-hours: May 31, 2024, 6:26 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 7.50, with a low estimate of 5.50 and a high estimate of 10. The average target predicts an increase of 133.64% from the current stock price of 3.21.
Analyst Consensus: Buy
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 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '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 |
---|---|---|---|---|---|---|---|
Roth MKM | Roth MKM | Strong Buy Maintains $9.75 → $8.5 | Strong Buy | Maintains | $9.75 → $8.5 | +164.80% | May 10, 2024 |
Raymond James | Raymond James | Buy Maintains $5.25 → $5.5 | Buy | Maintains | $5.25 → $5.5 | +71.34% | Feb 16, 2024 |
Raymond James | Raymond James | Buy Maintains $5.5 → $5.25 | Buy | Maintains | $5.5 → $5.25 | +63.55% | Jan 19, 2024 |
Roth MKM | Roth MKM | Strong Buy Maintains $13 → $13 | Strong Buy | Maintains | $13 → $13 | +297.20% | Nov 3, 2023 |
JP Morgan | JP Morgan | Sell Maintains $12 → $6 | Sell | Maintains | $12 → $6 | +86.92% | Oct 10, 2023 |
Financial Forecast
Revenue This Year
217.97M
from 220.20M
Decreased by -1.01%
Revenue Next Year
267.62M
from 217.97M
Increased by 22.78%
EPS This Year
-0.61
from -2.81
EPS Next Year
0.30
from -0.61
Revenue Forecast
Revenue | 2024 | 2025 | 2026 |
---|---|---|---|
High | 228.0M | 281.1M | 306.9M |
Avg | 218.0M | 267.6M | 298.2M |
Low | 206.6M | 246.6M | 286.5M |
Revenue Growth
Revenue Growth | 2024 | 2025 | 2026 |
---|---|---|---|
High | 3.5% | 29.0% | 14.7% |
Avg | -1.0% | 22.8% | 11.4% |
Low | -6.2% | 13.1% | 7.0% |
EPS Forecast
EPS | 2024 | 2025 | 2026 |
---|---|---|---|
High | -0.51 | 0.60 | 0.98 |
Avg | -0.61 | 0.30 | 0.95 |
Low | -0.69 | -0.15 | 0.91 |
EPS Growth
EPS Growth | 2024 | 2025 | 2026 |
---|---|---|---|
High | - | - | 230.1% |
Avg | - | - | 220.7% |
Low | - | - | 208.1% |
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.