The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
| Factor | Score | Distribution | Value | Avg | Rank |
|---|---|---|---|---|---|
Valuation | 99 | — | 20.8x | Top tier | |
Growth | 69 | -21.9% | 6.1% | Top tier | |
Quality | 57 | -62.6% | 6.6% | Around median | |
Safety | 13 | — | 0.7x | Bottom tier | |
Capital Return | — | — | 2.02% | N/A | |
Momentum | 16 | 0.5% | 4.1% | Bottom tier | |
Sentiment | 32 | 1 | 3 | Bottom tier |
Estimates — analyst targets and a simplified DCF, not investment advice.
Cambium Networks Corporation (CMBM) is a prominent global provider of wireless broadband and enterprise networking infrastructure solutions. The company designs, develops, and manufactures advanced wireless platforms including point-to-point (PTP) and point-to-multipoint (PMP) solutions, as well as enterprise Wi-Fi and smart switching solutions. The company primarily generates its revenues from the sale of these hardware products and embedded software, alongside offering advanced cloud management services via its cnMaestro platform to service providers, enterprises, and government agencies globally.
The company's recent financial results showed a continuation of the gradual recovery path; Cambium Networks achieved revenues of $44.6 million in the first quarter of 2026, with a gross profit of $22.7 million and a net loss of $3.4 million. On a trailing 12-month (TTM) basis for 2026, revenues reached $170.5 million, gross profit was $72.2 million, and net loss was $29.9 million. This represents an improvement compared to the full fiscal year 2025, in which the company recorded annual revenues of $159.6 million, a gross profit of $64.2 million, and a net loss of $38.5 million.
On the operational and segment structure front, the third quarter of 2024 witnessed significant divergence; the Enterprise segment jumped 34% quarter-over-quarter to reach $15.2 million, driven by improved demand across all geographical regions and lower channel inventories. In contrast, the Point-to-Multipoint (PMP) segment declined by 8% due to the slow adoption of 6 GHz networks in North America, and the Point-to-Point (PTP) segment fell by 32% as a result of weak defense orders in Europe, bringing total revenues for that quarter to $43.7 million, with non-GAAP gross margin improving to 42.3%.
Cambium Networks Corporation (CMBM) stock is currently trading within a 52-week range of $0.1301 to $6.8, with a market capitalization of $3.7 million. The current analyst consensus indicates a 'Buy' recommendation with an average price target of $34.17, with a maximum of $74 and a minimum of $4.5. Based on these figures, the stock is currently trading at levels well below the average price target set by analysts, reflecting the significant discount imposed by the market due to the risks of breaching bank covenants and declining profitability.
Figures in the text are as of 2026-06-15; the live price is shown at the top of the page.
The company was not in compliance with its cumulative consolidated EBITDA covenant as of September 30, 2024, and failed to meet its monthly liquidity covenant for its bank debt as of October 31, 2024. Management is currently working closely with the lending bank to obtain a waiver letter or a forbearance agreement to address this financial default. No final and concrete agreement had been reached as of the date of the last earnings call, and the private equity firm holding a stake in the company is participating in these ongoing negotiations.
The Enterprise segment achieved strong growth of 34% quarter-over-quarter to reach $15.2 million in the third quarter of 2024, driven by improved regional demand and lower channel inventory. Among the key highlights was the selection of the 60 GHz cnWave platform by one of the world's largest retailers to provide wireless connectivity for 37 major distribution centers and adjacent fuel stations. The company also executed its first project in the Pacific region for a global hotel using Wi-Fi 6/6E devices and CN Matrix switches.
The EVO platform, announced by the company at the Wispapalooza trade show, represents an innovative technology solution that integrates the two main product lines, ePMP and PMP 450, into a single unified platform. The platform aims to provide a flexible upgrade path for customers that ensures outstanding performance and high economic feasibility by combining standard commercial Wi-Fi silicon with custom FPGA components. Management hopes this platform will help counter ongoing pricing pressures in the commercial sector and maintain the company's market share.
Automated analysis for informational purposes only — not investment advice.
PTP segment revenues fell by 32% quarter-over-quarter in the third quarter of 2024 as a result of weak orders in the defense sector, particularly in Europe. This decline is due to delays in executing government projects caused by budget pressures and the redirection of military funding toward active conflict zones. Despite this temporary decline, management emphasizes that the pipeline for defense projects in the United States and abroad remains strong and promising for the future.
Cambium Networks expects to achieve revenues ranging between $40 million and $45 million for the fourth quarter of 2024. It also expects the non-GAAP gross margin to range between 42.5% and 45.5%. A non-GAAP operating loss is expected to range between $3 million and $5 million, with negative adjusted EBITDA expected to range between negative $1 million and negative $3 million.