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Cambium Networks Corp has a consensus price target of $11.58 based on the ratings of 9 analysts. The high is $25 issued by Jefferies on March 4, 2022. The low is $3 issued by Northland Capital Markets on November 12, 2024. The 3 most-recent analyst ratings were released by Northland Capital Markets, Northland Capital Markets, and Roth MKM on November 12, 2024, August 9, 2024, and August 9, 2024, respectively. With an average price target of $5.33 between Northland Capital Markets, Northland Capital Markets, and Roth MKM, there's an implied 620.72% upside for Cambium Networks Corp from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Cambium Networks (NASDAQ:CMBM) was reported by Northland Capital Markets on November 12, 2024. The analyst firm set a price target for $3.00 expecting CMBM to rise to within 12 months (a possible 305.41% upside). 6 analyst firms have reported ratings in the last year.
The latest analyst rating for Cambium Networks (NASDAQ:CMBM) was provided by Northland Capital Markets, and Cambium Networks maintained their outperform rating.
The last upgrade for Cambium Networks Corp happened on January 28, 2022 when Raymond James raised their price target to $35. Raymond James previously had a market perform for Cambium Networks Corp.
The last downgrade for Cambium Networks Corp happened on October 5, 2023 when Oppenheimer changed their price target from N/A to N/A for Cambium Networks Corp.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Cambium Networks, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Cambium Networks was filed on November 12, 2024 so you should expect the next rating to be made available sometime around November 12, 2025.
While ratings are subjective and will change, the latest Cambium Networks (CMBM) rating was a maintained with a price target of $5.00 to $3.00. The current price Cambium Networks (CMBM) is trading at is $0.74, which is out of the analyst’s predicted range.
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