During the recent session, Cambium Networks Corp (NASDAQ:CMBM)’s traded shares were 1.72 million, with the beta value of the company hitting 1.48. At the last check today, the stock’s price was $0.34, reflecting an intraday loss of -21.09% or -$0.09. The 52-week high for the CMBM share is $3.40, that puts it down -900.0 from that peak though still a striking 32.35% gain since the share price plummeted to a 52-week low of $0.23. The company’s market capitalization is $9.60M, and the average trade volume was 209.86K shares over the past three months.
Cambium Networks Corp (CMBM) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.00. CMBM has a Sell rating from 0 analyst(s) out of 1 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 1 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -0.13.
Cambium Networks Corp (NASDAQ:CMBM) trade information
Cambium Networks Corp (CMBM) registered a -21.09% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -21.09% in intraday trading to $0.34, hitting a weekly high. The stock’s 5-day price performance is -24.42%, and it has moved by -24.27% in 30 days. Based on these gigs, the overall price performance for the year is -89.54%.
The consensus price target of analysts on Wall Street is $24, which implies an increase of 98.58% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $4.5 and $74 respectively. As a result, CMBM is trading at a discount of -21664.71% off the target high and -1223.53% off the low.
Cambium Networks Corp (CMBM) estimates and forecasts
In the rating firms’ projections, revenue will decrease -20.43% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 43.2M as predicted by 1 analyst(s). Meanwhile, a consensus of 1 analyst(s) estimates revenue growth to 45.3M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 40.21M and 42.34M respectively. In this case, analysts expect current quarter sales to grow by 7.45% and then jump by 7.00% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -117.95%. While earnings are projected to return 106.94% in 2025.
CMBM Dividends
Cambium Networks Corp is due to release its next quarterly earnings in June. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Cambium Networks Corp (NASDAQ:CMBM)’s Major holders
The next largest institutional holding, with 2.76 million shares, is of PARADIGM CAPITAL MANAGEMENT INC/NY’s that is approximately 9.8974% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $7.69 million.
Also, the Mutual Funds coming in first place with the largest holdings of Cambium Networks Corp (CMBM) shares are VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard Extended Market Index Fund. Data provided on Mar 31, 2025 indicates that VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund owns about 375.53 shares. This amounts to just over 1.33 percent of the company’s overall shares, with a $0.12 million market value. The same data shows that the other fund manager holds slightly less at 156.16, or about 0.55% of the stock, which is worth about $50128.0.
