In last trading session, Cambium Networks Corp (NASDAQ:CMBM) saw 0.32 million shares changing hands with its beta currently measuring 1.13. Company’s recent per share price level of $1.06 trading at -$0.04 or -3.64% at ring of the bell on the day assigns it a market valuation of $29.94M. That closing price of CMBM’s stock is at a discount of -364.15% from its 52-week high price of $4.92 and is indicating a premium of 39.62% from its 52-week low price of $0.64.

For Cambium Networks Corp (CMBM), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.75. Splitting up the data highlights that, out of 1 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 1 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.15 in the current quarter.

Cambium Networks Corp (NASDAQ:CMBM) trade information

Upright in the red during last session for losing -3.64%, in the last five days CMBM remained trading in the red while hitting it’s week-highest on Friday, 02/14/25 when the stock touched $1.06 price level, adding 24.82% to its value on the day. Cambium Networks Corp’s shares saw a change of 64.39% in year-to-date performance and have moved -23.19% in past 5-day. Cambium Networks Corp (NASDAQ:CMBM) showed a performance of 3.92% in past 30-days.

Wall Street analysts have assigned a consensus price target of 24 to the stock, which implies a rise of 95.58% to its current value. Analysts have been projecting 4.5 as a low price target for the stock while placing it at a high target of 74. It follows that stock’s current price would drop -324.53% in reaching the projected high whereas dropping to the targeted low would mean a loss of -324.53% for stock’s current value.

Cambium Networks Corp (CMBM) estimates and forecasts

This year revenue growth is estimated to fall -20.52% from the last financial year’s standing.

4 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 43.03M for the same. And 3 analysts are in estimates of company making revenue of 43.73M in the next quarter. Company posted 40.21M and 42.34M of sales in current and next quarters respectively a year earlier.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -117.95% during past 5 years. In 2025, company’s earnings growth rate is likely to be around 15.07% while estimates for its earnings growth in next 5 years are of 43.35%.

Cambium Networks Corp (NASDAQ:CMBM)’s Major holders

VECTOR CAPITAL MANAGEMENT, L.P. is the top institutional holder at CMBM for having 14.33 million shares of worth $39.97 million. And as of 2024-06-30, it was holding 51.4395 of the company’s outstanding shares.

The second largest institutional holder is PARADIGM CAPITAL MANAGEMENT INC/NY, which was holding about 2.76 million shares on 2024-06-30. The number of shares represents firm’s hold over 9.8974 of outstanding shares, having a total worth of $7.69 million.

On the other hand, Paradigm Micro Cap Fund and Vanguard Total Stock Market Index Fund are the top two Mutual Funds which own company’s shares. As of Sep 30, 2024 , the former fund manager was holding 500.0 shares of worth $0.53 million or 1.77% of the total outstanding shares. The later fund manager was in possession of 375.53 shares on Sep 30, 2024 , making its stake of worth around $0.4 million in the company or a holder of 1.33% of company’s stock.