Cambium Networks Corp (CMBM) shares projected to rise by 4280.77%

Cambium Networks Corp [CMBM] stock is trading at $0.78, up 21.59%. An important factor to consider is whether the stock is rising or falling in short-term value. The CMBM shares have gain 6.96% over the last week, with a monthly amount drifted -36.77%, and not seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Cambium Networks Corp [NASDAQ: CMBM] stock has seen the most recent analyst activity on October 05, 2023, when Oppenheimer downgraded its rating to a Perform. Previously, JMP Securities downgraded its rating to Mkt Perform on October 05, 2023. On August 02, 2023, downgrade downgraded it’s rating to Underweight and revised its price target to $12 on the stock. Raymond James downgraded its rating to a Outperform and decreased its price target to $26 on November 15, 2022. Barrington Research downgraded its rating to a Mkt Perform. Jefferies downgraded its rating to Hold for this stock on March 04, 2022, and downed its price target to $25. In a note dated January 28, 2022, Raymond James upgraded an Strong Buy rating on this stock but restated the target price of $35.

Cambium Networks Corp [CMBM] stock has fluctuated between $0.64 and $6.18 over the past year. Currently, Wall Street analysts expect the stock to reach $34.17 within the next 12 months. Cambium Networks Corp [NASDAQ: CMBM] shares were valued at $0.78 at the most recent close of the market. An investor can expect a potential return of 4280.77% based on the average CMBM price forecast.

Analyzing the CMBM fundamentals

Cambium Networks Corp [NASDAQ:CMBM] reported sales of 172.22M for the trailing twelve months, which represents a growth of 1.58%. Gross Profit Margin for this corporation currently stands at 0.16% with Operating Profit Margin at -0.46%, Pretax Profit Margin comes in at -0.49%, and Net Profit Margin reading is -0.49%. To continue investigating profitability, this company’s Return on Assets is posted at -0.38, Equity is -1.45 and Total Capital is -1.19. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.55.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 0.6584 points at the first support level, and at 0.5328 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.9127, and for the 2nd resistance point, it is at 1.0414.

Ratios To Look Out For

For context, Cambium Networks Corp’s Current Ratio is 1.10. On the other hand, the Quick Ratio is 0.82, and the Cash Ratio is 0.3. Considering the valuation of this stock, the price to sales ratio is 0.13, the price to book ratio is 0.51.

Transactions by insiders

Recent insider trading involved Cada-Bartoli Melissa Elizabeth,, that happened on Dec 02 ’24 when 50.0 shares were sold. Officer, Cada-Bartoli Melissa Elizabeth completed a deal on Dec 02 ’24 to buy 50.0 shares.

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