Cambium Networks Co. Expected to Post Q1 2025 Earnings of ($0.37) Per Share (NASDAQ:CMBM)

Cambium Networks Co. (NASDAQ:CMBMFree Report) – Equities researchers at Zacks Research dropped their Q1 2025 EPS estimates for Cambium Networks in a note issued to investors on Tuesday, April 16th. Zacks Research analyst R. Department now forecasts that the company will post earnings per share of ($0.37) for the quarter, down from their previous estimate 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 increased their price target on Cambium Networks from $5.25 to $5.50 and gave the company an “outperform” rating in a report on Friday, February 16th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $11.04.

View Our Latest Research Report on CMBM

Cambium Networks Price Performance

Shares of CMBM opened at $3.27 on Thursday. The firm has a market cap of $91.10 million, a PE ratio of -1.42 and a beta of 0.94. The firm’s 50 day moving average price is $4.25 and its 200 day moving average price is $4.63. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.99 and a current ratio of 1.69. Cambium Networks has a twelve month low of $3.24 and a twelve month high of $18.09.

Cambium Networks (NASDAQ:CMBMGet Free Report) last issued its quarterly earnings data on Thursday, February 15th. The company reported ($1.03) earnings per share for the quarter, missing the consensus estimate of ($0.44) by ($0.59). The business had revenue of $40.21 million for the quarter, compared to the consensus estimate of $41.82 million. Cambium Networks had a negative net margin of 28.87% and a negative return on equity of 30.83%.

Institutional Investors Weigh In On Cambium Networks

Several hedge funds and other institutional investors have recently modified their holdings of CMBM. State of Wyoming acquired a new stake in shares of Cambium Networks in the second quarter worth $27,000. Quantbot Technologies LP acquired a new stake in shares of Cambium Networks in the second quarter worth $38,000. Tower Research Capital LLC TRC grew its stake in shares of Cambium Networks by 303.7% in the third quarter. Tower Research Capital LLC TRC now owns 2,600 shares of the company’s stock worth $44,000 after acquiring an additional 1,956 shares during the last quarter. Legal & General Group Plc grew its stake in shares of Cambium Networks by 22.1% in the second quarter. Legal & General Group Plc now owns 4,099 shares of the company’s stock worth $60,000 after acquiring an additional 741 shares during the last quarter. Finally, UBS Group AG grew its stake in shares of Cambium Networks by 493.9% in the fourth quarter. UBS Group AG now owns 2,910 shares of the company’s stock worth $63,000 after acquiring an additional 2,420 shares during the last quarter. Institutional investors and hedge funds own 87.17% of the company’s stock.

Cambium Networks Company Profile

(Get Free Report)

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.

See Also

Earnings History and Estimates for Cambium Networks (NASDAQ:CMBM)

Receive News & Ratings for Cambium Networks Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cambium Networks and related companies with MarketBeat.com's FREE daily email newsletter.