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Cambium Networks (CMBM) Stock Forecast & Price Target

$1.47
+0.01 (+0.68%)
(As of 10/18/2024 ET)

Cambium Networks - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
0
Hold
0
Buy
3

Based on 3 Wall Street analysts who have issued ratings for Cambium Networks in the last 12 months, the stock has a consensus rating of "Buy." Out of the 3 analysts, 3 have given a buy rating for CMBM.

Consensus Price Target

$6.17
319.50% Upside
According to the 3 analysts' twelve-month price targets for Cambium Networks, the average price target is $6.17. The highest price target for CMBM is $8.00, while the lowest price target for CMBM is $5.00. The average price target represents a forecasted upside of 319.50% from the current price of $1.47.
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CMBM Analyst Ratings Over Time

TypeCurrent Forecast
10/21/23 to 10/20/24
1 Month Ago
9/21/23 to 9/20/24
3 Months Ago
7/23/23 to 7/22/24
1 Year Ago
10/21/22 to 10/21/23
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
3 Buy rating(s)
3 Buy rating(s)
3 Buy rating(s)
3 Buy rating(s)
Hold
0 Hold rating(s)
2 Hold rating(s)
2 Hold rating(s)
2 Hold rating(s)
Sell
0 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
Consensus Price Target$6.17$6.13$10.33$12.08
Forecasted Upside319.50% Upside246.05% Upside387.42% Upside159.30% Upside
Consensus Rating
Buy
Hold
Hold
Hold

CMBM Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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CMBM Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Cambium Networks Stock vs. The Competition

TypeCambium NetworksComputer and Technology CompaniesS&P 500
Consensus Rating Score
3.00
2.67
2.50
Consensus RatingBuyModerate BuyHold
Predicted Upside319.50% Upside1,283.89% Upside6.18% Upside
News Sentiment Rating
Neutral News

See Recent CMBM News
Neutral News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
8/9/2024Northland Securities
4 of 5 stars
 Lower TargetOutperform ➝ Outperform$7.00 ➝ $5.00+187.36%
8/9/2024Roth Mkm
1 of 5 stars
 Lower TargetBuy ➝ Buy$8.50 ➝ $8.00+343.46%
2/16/2024Raymond James
4 of 5 stars
 Boost TargetOutperform ➝ Outperform$5.25 ➝ $5.50+18.53%
10/10/2023JPMorgan Chase & Co.
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 Lower TargetUnderweight ➝ Underweight$12.00 ➝ $6.00+9.89%
10/5/2023Oppenheimer
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 DowngradeOutperform ➝ Market Perform
10/5/2023JMP Securities
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 DowngradeOutperform ➝ Market Perform

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Sunday at 08:34 AM ET.


CMBM Forecast - Frequently Asked Questions

According to the research reports of 3 Wall Street equities research analysts, the average twelve-month stock price forecast for Cambium Networks is $6.17, with a high forecast of $8.00 and a low forecast of $5.00.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cambium Networks in the last twelve months. There are currently 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" CMBM shares.

According to analysts, Cambium Networks's stock has a predicted upside of 319.50% based on their 12-month stock forecasts.

Cambium Networks has been rated by research analysts at Northland Securities, and Roth Mkm in the past 90 days.

Analysts like Cambium Networks more than other "computer and technology" companies. The consensus rating for Cambium Networks is Buy while the average consensus rating for "computer and technology" companies is Moderate Buy. Learn more on how CMBM compares to other companies.


This page (NASDAQ:CMBM) was last updated on 10/20/2024 by MarketBeat.com Staff
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