Zacks Research Brokers Reduce Earnings Estimates for Cambium Networks Co. (NASDAQ:CMBM)

Cambium Networks Co. (NASDAQ:CMBM) – Zacks Research dropped their Q1 2025 EPS estimates for shares of Cambium Networks in a report released on Tuesday, April 16th. Zacks Research analyst R. Department now forecasts that the company will earn ($0.37) per share for the quarter, down from their previous forecast of ($0.24). The consensus estimate for Cambium Networks’ current full-year earnings is ($0.66) per share. Zacks Research also issued estimates for Cambium Networks’ FY2025 earnings at ($0.53) EPS and Q1 2026 earnings at ($0.34) EPS.

Separately, Raymond James boosted their price target on shares of Cambium Networks from $5.25 to $5.50 and gave the company an “outperform” rating in a research report on Friday, February 16th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and three have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $11.04.

Cambium Networks Trading Down 8.0 %

Shares of CMBM stock opened at $3.43 on Thursday. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.69 and a quick ratio of 0.99. The stock has a 50 day simple moving average of $4.27 and a 200-day simple moving average of $4.66. The company has a market cap of $95.56 million, a price-to-earnings ratio of -1.48 and a beta of 0.94. Cambium Networks has a 1-year low of $3.41 and a 1-year high of $18.09.

Cambium Networks (NASDAQ:CMBM) last released its quarterly earnings results on Thursday, February 15th. The company reported ($1.03) EPS for the quarter, missing analysts’ consensus estimates of ($0.44) by ($0.59). Cambium Networks had a negative return on equity of 30.83% and a negative net margin of 28.87%. The firm had revenue of $40.21 million for the quarter, compared to analysts’ expectations of $41.82 million.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in CMBM. Bridge City Capital LLC boosted its position in shares of Cambium Networks by 2.9% in the 1st quarter. Bridge City Capital LLC now owns 268,231 shares of the company’s stock worth $1,156,000 after purchasing an additional 7,605 shares during the last quarter. Vanguard Group Inc. grew its stake in shares of Cambium Networks by 16.2% during the 4th quarter. Vanguard Group Inc. now owns 792,248 shares of the company’s stock worth $4,753,000 after acquiring an additional 110,304 shares in the last quarter. GSA Capital Partners LLP acquired a new position in shares of Cambium Networks during the 4th quarter worth about $374,000. Barclays PLC boosted its holdings in shares of Cambium Networks by 80.3% in the 4th quarter. Barclays PLC now owns 42,934 shares of the company’s stock valued at $258,000 after buying an additional 19,120 shares during the last quarter. Finally, Vident Advisory LLC grew its holdings in Cambium Networks by 239.2% during the fourth quarter. Vident Advisory LLC now owns 48,659 shares of the company’s stock worth $292,000 after purchasing an additional 34,312 shares during the period. Institutional investors and hedge funds own 87.17% of the company’s stock.

Cambium Networks Company Profile

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.