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Cambium Networks Corporation CMBM

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Price alert · CMBM

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0.13 USD 0.00 0.00%

As of Mar 30, 9:30 AM ET

Bid
0.40 × 2
Ask
0.41 × 2
0.13 Day range 0.45
0.657 52-week range 6.50
YTD
-90.97%
1 year
-63.54%
Open
0.32
Prev close
0.1301
Mkt cap
21.04M
Vol
779.45K
Avg vol
117.38K
EPS
-3.54
P/E
0.00
Div yield
0.00%
More statistics
Low
0.13
High
0.45
Forward P/E
-4.66
Beta
0.00
Short ratio
6.17
Inst. own
78.43%
Dividend
0.00
Ex-div date
Earnings
Aug 8, 2024
50-d avg
1.16
200-d avg
2.39
1y target
3.34

2Y chart

Chart tools
Interval

Events in this range
  • May 9, 2024Earnings: -0.46; estimate -0.23; surprise -100%
  • May 9, 2024Earnings: —; estimate -0.23; surprise —%
  • May 10, 2024Rating: Roth MKM · Buy → Buy
  • Aug 8, 2024Earnings: -0.25; estimate -0.21; surprise -19.05%
  • Aug 8, 2024Earnings: —; estimate -0.21; surprise —%
  • Aug 9, 2024Rating: Roth MKM · Buy → Buy
  • Aug 9, 2024Rating: Northland Capital Markets · Outperform → Outperform
  • Nov 7, 2024Earnings: -0.14; estimate -0.17; surprise 17.65%
  • Nov 12, 2024Rating: Northland Capital Markets · Outperform → Outperform
Signals (86)
NameDateAgo
MACD: Buy SignalApr 17, 20266 months ago
SMA: BearishMar 26, 20267 months ago
SMA: BearishMar 26, 20267 months ago
MACD: Sell SignalMar 26, 20267 months ago
RSI: OversoldMar 26, 20267 months ago
RSI: OverboughtMar 20, 20267 months ago
SMA: BullishMar 19, 20267 months ago
SMA: BullishMar 2, 20268 months ago
MACD: Buy SignalMar 2, 20268 months ago
SMA: BearishFeb 27, 20268 months ago
MACD: Sell SignalFeb 2, 20269 months ago
MACD: Buy SignalJan 5, 20269 months ago
SMA: BearishDec 12, 202510 months ago
SMA: BullishDec 3, 202511 months ago
SMA: BearishDec 2, 202511 months ago
MACD: Sell SignalNov 18, 202511 months ago
SMA: BullishOct 29, 20251 year ago
SMA: BullishOct 29, 20251 year ago
MACD: Buy SignalOct 29, 20251 year ago
RSI: OverboughtOct 29, 20251 year ago
SMA: BearishOct 17, 20251 year ago
SMA: BearishOct 16, 20251 year ago
SMA: BullishOct 14, 20251 year ago
SMA: BearishOct 10, 20251 year ago
MACD: Sell SignalOct 7, 20251 year ago
RSI: OverboughtSep 22, 20251 year ago
SMA: BullishSep 19, 20251 year ago
SMA: BullishSep 18, 20251 year ago
SMA: BearishSep 17, 20251 year ago
SMA: BullishSep 16, 20251 year ago
SMA: BearishSep 12, 20251 year ago
SMA: BearishSep 12, 20251 year ago
MACD: Buy SignalSep 12, 20251 year ago
SMA: BullishSep 11, 20251 year ago
SMA: BullishSep 11, 20251 year ago
SMA: BearishSep 2, 20251 year ago
SMA: BearishSep 2, 20251 year ago
SMA: BullishAug 26, 20251 year ago
SMA: BearishAug 15, 20251 year ago
SMA: BullishAug 14, 20251 year ago
SMA: BearishAug 12, 20251 year ago
SMA: BullishAug 4, 20251 year ago
SMA: BearishAug 1, 20251 year ago
MACD: Sell SignalJul 31, 20251 year ago
SMA: BullishJul 18, 20251 year ago
RSI: OverboughtJul 15, 20251 year ago
SMA: BullishJul 9, 20251 year ago
SMA: BearishJul 7, 20251 year ago
SMA: BullishJul 3, 20251 year ago
SMA: BullishJun 30, 20251 year ago
SMA: BearishJun 20, 20251 year ago
SMA: BullishJun 18, 20251 year ago
MACD: Buy SignalJun 17, 20251 year ago
RSI: OversoldMay 30, 20251 year ago
MACD: Sell SignalMay 28, 20251 year ago
MACD: Buy SignalApr 15, 20251 year ago
MACD: Sell SignalApr 1, 20251 year ago
RSI: OversoldApr 1, 20251 year ago
MACD: Buy SignalMar 18, 20251 year ago
RSI: OversoldMar 13, 20251 year ago
RSI: OversoldMar 3, 20251 year ago
SMA: BearishFeb 26, 20251 year ago
MACD: Sell SignalFeb 18, 20251 year ago
RSI: OverboughtFeb 7, 20251 year ago
SMA: BullishJan 22, 20251 year ago
SMA: BearishJan 21, 20251 year ago
SMA: BullishJan 17, 20251 year ago
MACD: Buy SignalDec 27, 20241 year ago
RSI: OversoldDec 20, 20241 year ago
RSI: OversoldDec 13, 20241 year ago
MACD: Sell SignalDec 6, 20241 year ago
MACD: Buy SignalNov 22, 20241 year ago
MACD: Sell SignalNov 18, 20241 year ago
MACD: Buy SignalOct 31, 20242 years ago
RSI: OversoldOct 22, 20242 years ago
MACD: Sell SignalOct 4, 20242 years ago
SMA: BearishOct 1, 20242 years ago
SMA: BullishSep 27, 20242 years ago
SMA: BearishSep 19, 20242 years ago
SMA: BullishSep 17, 20242 years ago
MACD: Buy SignalAug 16, 20242 years ago
MACD: Sell SignalAug 12, 20242 years ago
RSI: OversoldAug 12, 20242 years ago
MACD: Buy SignalJul 19, 20242 years ago
MACD: Sell SignalJul 2, 20242 years ago
RSI: OversoldJul 1, 20242 years ago

Key statistics

Market cap
21.04M
Enterprise value
50.78M
Trailing P/E
0.00
Forward P/E
-4.66
PEG ratio
0.00
Price / sales
0.12
Price / book
0.48
EPS (TTM)
-3.54
Beta
0.00
Dividend yield
0.00%
Payout ratio
0.00%
Profit margin
-56.97%
Revenue (TTM)
172.22M
Revenue growth
1.60%
Free cash flow
277.50K
Total cash
46.49M
Total debt
76.91M
Return on equity
-112.88%
Shares outstanding
28.24M
Short % of float
4.44%
50-day average
1.16
200-day average
2.39

Analyst view

Consensus: none

Price target (mean) 3.34 +2465.3% upside
Target (low)
1.35
Target (mean)
3.34
Target (high)
7.00
Ratings (0m) 4 3 buy · 1 hold · 0 sell
  • Strong buy2
  • Buy1
  • Hold1
  • Sell0
  • Strong sell0

Next earnings

Aug 8, 2024

Expected Aug 8, 2024. Consensus EPS estimate -0.13.

Earnings history

Financials — quick view

All financials
CMBM Revenue — quarterly 43.73M
2020-Q4 20202021-Q1 20212021-Q2 20212021-Q3 20212021-Q4 20212022-Q1 20222022-Q2 20222022-Q3 20222022-Q4 20222023-Q1 20232023-Q2 20232023-Q3 20232023-Q4 20232024-Q1 20242024-Q2 20242024-Q3 2024
CMBM Net income — quarterly -9.68M
2020-Q4 20202021-Q1 20212021-Q2 20212021-Q3 20212021-Q4 20212022-Q1 20222022-Q2 20222022-Q3 20222022-Q4 20222023-Q1 20232023-Q2 20232023-Q3 20232023-Q4 20232024-Q1 20242024-Q2 20242024-Q3 2024
CMBM EPS — quarterly -0.34
2020-Q4 20202021-Q1 20212021-Q2 20212021-Q3 20212021-Q4 20212022-Q1 20222022-Q2 20222022-Q3 20222022-Q4 20222023-Q1 20232023-Q2 20232023-Q3 20232023-Q4 20232024-Q1 20242024-Q2 20242024-Q3 2024

Earnings

CMBM recent earnings
Report dateQuarter endingEPS estimateEPS reportedSurpriseSurprise %
Nov 7, 2024Sep 1, 2024-0.17-0.14+0.03+17.65%
Aug 8, 2024Jun 1, 2024-0.21-0.25-0.04-19.05%
Aug 8, 2024Jun 1, 2024-0.21———
May 9, 2024Mar 1, 2024-0.23-0.46-0.23-100.00%
May 9, 2024Mar 1, 2024-0.23———
Feb 15, 2024Dec 1, 2023-0.34-0.95-0.61-179.41%

Upgrades / downgrades

CMBM analyst upgrades and downgrades
DateFirmActionFromTo
Nov 12, 2024Northland Capital MarketsmainOutperformOutperform
Aug 9, 2024Northland Capital MarketsmainOutperformOutperform
Aug 9, 2024Roth MKMmainBuyBuy
May 10, 2024Roth MKMmainBuyBuy
Feb 16, 2024Raymond JamesmainOutperformOutperform
Jan 19, 2024Raymond JamesmainOutperformOutperform

About Cambium Networks Corporation

Cambium Networks Corporation, together with its subsidiaries, engages in the design, development, and manufacture of wireless broadband and Wi-Fi networking infrastructure solutions. The company offers point-to-point fixed wireless backhaul and point-to-multipoint fixed wireless solutions; and enterprise solutions comprising cnMatrix cloud-managed wireless-aware switching solution, Xirrus Wi-Fi solutions, and Wi-Fi 6/6E access points which support cnMaestro and Xirrus XMS management. It also offers cnMatrix Ethernet enterprise switching solutions; cnMaestro and cnMaestro X network management platform that provide users with an integrated, intelligent, and easy to use tool for end-to-end network management; network planning tools, such as cnHeat, a network planning subscription service that provides a heat map coverage model display of locations for FWB connectivity; LINKPlanner that allows users to visualize and analyze hypothetical network deployment scenarios to evaluate performance and reliability; and cnArcher, a smartphone app that accelerates installation and deployment of fixed wireless products by field technicians. The company's products are used in broadband access, wireless backhaul, Internet of Things, public safety, national security, and defense communications networks, and Wi-Fi access applications. It serves public or private network operators; broadband internet service providers; mobile network operators; mid-market enterprises, such as education, hospitality, multi-dwelling units, and retail; state and local government; energy, mining, rail operator and utility industries; and military agencies in North America, Europe, the Middle East, Africa, the Caribbean and Latin America, and the Asia Pacific. The company was formerly known as Vector Cambium Holdings (Cayman), Ltd. and changed its name to Cambium Networks Corporation in 2018. Cambium Networks Corporation was founded in 2011 and is headquartered in Rolling Meadows, Illinois.

Sector
Technology
Industry
Communication Equipment
Country
United States

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Insider holders

CMBM insider holders
InsiderRelationLatest transactionDateShares held
CADA-BARTOLI MELISSA ELIZABETHOfficerSaleDec 1, 20244,880
KURK MORGAN C.S.Chief Executive OfficerStock Award(Grant)Aug 17, 2023100,000
KURK NEAL MUnknownPurchaseAug 22, 202311,250
LYNCH KEVIN JDirectorPurchaseNov 15, 202320,069
NIRWAN ARCHANAOfficerPurchaseNov 14, 202334,874
RAU SALLYGeneral CounselConversion of Exercise of derivative securityJun 6, 20231,134

Institution ownership

CMBM institution ownership
Holder% heldSharesValueReported
Vector Capital Management, L.P.50.72%14,325,69610.67MSep 29, 2024
Paradigm Capital Management9.76%2,756,4002.05MSep 29, 2024
Goldman Sachs Group Inc3.28%926,527690.26KSep 29, 2024
Vanguard Group Inc2.53%713,471531.53KSep 29, 2024
Kennedy Capital Management, Inc.2.29%645,634481.00KSep 29, 2024
Needham Investment Management, L.L.C.1.70%479,250357.04KSep 29, 2024

Fund ownership

CMBM fund ownership
Holder% heldSharesValueReported
Paradigm Micro Cap Fund1.77%500,000372.50KSep 29, 2024
Needham Small Cap Growth Fund1.42%400,000298.00KSep 29, 2024
Vanguard Total Stock Market Index Fund1.33%375,529279.77KSep 29, 2024
Federated Hermes MDT Mid Cap Growth Fund0.87%247,068184.06KJul 30, 2024
Vanguard Extended Market Index Fund0.55%156,165116.34KSep 29, 2024
Paradigm Value Fund0.35%100,00074.50KSep 29, 2024
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