Cambium Networks Corporation

Cambium Networks Corporation

CMBM·NASDAQ

$1.81

+0.0000%
TechnologyCommunication Equipment

Cambium Networks Corporation, through its subsidiaries, provides wireless broadband networking infrastructure products and solutions for commercial and government network operators. Its wireless fabric includes intelligent radios, smart antennas, radio frequency (RF) algorithms, wireless-aware switches, and cloud-based network management software. The company offers point-to-point backhaul, point-to-multipoint distribution, Wi-Fi access, cnMatrix ethernet enterprise switching, cnReach IIoT, cnVision video surveillance transport, and cnMaestro and network management tools and solutions. It also offers point-to-point solutions that are connected to high-speed, high-bandwidth wireline networks; and wireless broadband backhaul to facilities or point-to-multipoint access points deployed throughout a network over distances of approximately 100 kilometers and at 2 gigabytes per second. The company also offers cnPilot and Xirrus Wi-Fi solution provides distributed access to individual users in indoor settings, such as office complexes, and outdoor settings, such as athletic stadiums and outdoor public Wi-Fi spots; cnReach solutions offer narrow-band connectivity for sensors and devices; embedded proprietary RF technology and software enables automated optimization of data flow at the outermost points in the network; cnMatrix cloud-managed wireless-aware switching solution provides the interface between wireless and wired networks; and cnVision solutions for video surveillance and CCTV deployments. It serves medium-sized wireless Internet service providers, mobile network operators, enterprises, and government agencies in North America, Europe, the Middle East, Africa, Caribbean and Latin America, and the Asia Pacific. The company was formerly known as Vector Cambium Holdings (Cayman), Ltd. and changed its name to Cambium Networks Corporation in 2018. The was founded in 2011 and is headquartered in Rolling Meadows, Illinois.

At a Glance

Live Snapshot
Market Cap$51.12M
EPS-2.8100
P/E Ratio-2.13
Earnings Date12/18/2025

Intrinsic Alpha Methodology

Thesis Lenses

Signal · Driver · Risk

Signal

Medium confidence

Valuation multiple is compressed (P/E -2.1).

Valuation inputs: P/E -2.1, earnings yield N/A, momentum 0.0%.

If multiples stay elevated while momentum fades, downside repricing risk rises.

Driver

High confidence

Return profile is soft (ROE -95.7%, ROIC -48.8%).

Profitability stack: net margin -35.2%, ROE -95.7%, ROIC -48.8%.

Quality deterioration often appears in margins before it shows up in headline EPS.

Risk

High confidence

Risk profile is balanced but has notable pressure points to monitor.

Risk factors: liabilities/assets +62.9%, momentum 0.0%, net margin -35.2%.

Higher leverage with weak momentum and thin margins can amplify drawdown severity.

cmbm

Cambium Networks Corporation Market vs Earnings Trajectory

CMBM · NASDAQ

Loading price and EPS data...

Cambium Networks Corporation

Cambium Networks Corporation Fair Value Envelope

CMBM · NASDAQ

Our analysis suggests that CMBM has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $1.81, this represents a potential HIDDEN relative to our calculated worth for Cambium Networks Corporation.

Intrinsic Value
Current Price: $1.81
3Y-490.0%
5Y+3578.0%
10Y-2655.0%
3Y-21.0%
5Y-9.0%
10Y+21.0%
3Y-517.0%
5Y+5017.0%
10Y-3503.0%
3Y-130.0%
5Y+63.0%
10Y-203.0%
3Y-142.0%
5Y+20.0%
10Y-249.0%
3Y+6.0%
5Y+53.0%
10Y+83.0%
Cambium Networks Corporation

Cambium Networks Corporation Profit Bridge

CMBM · NASDAQ
Revenue220.19M
Cost of Goods Sold (151.36M)
Gross Profit68.83M
Operating Expenses (129.69M)
Operating Income-60.85M
Interest Expense (2.52M)
Other Income/Expense-2.79M
Pretax Income-63.65M
Income Tax (13.77M)
Net Income-77.42M
Net Income
-77.42M

Profitability Analysis

Gross Margin

31.3%

Moderate margins typical of competitive industries. Monitor for pricing pressure or rising costs.

Operating Margin

-27.6%

Operating losses indicate the core business is unprofitable. Requires restructuring or revenue growth.

Net Profit Margin

-35.2%

Net losses indicate the company is burning cash. Sustainability depends on path to profitability.

Profitability Insight

Margin squeeze alert: Healthy gross margins but weak operating margins suggest excessive operating expenses. Cost optimization could unlock significant value.

31.26%
Gross Profit Margin
-36%
3Y-38.0%
5Y-35.0%
10Y-37.0%
-27.64%
Operating Profit Margin
-513%
3Y-421.0%
5Y-1152.0%
10Y-511.0%
-35.16%
Net Profit Margin
-617%
3Y-627.0%
5Y+5518.0%
10Y-2904.0%
-95.66%
Return on Equity
-788%
3Y-426.0%
5Y-1401.0%
10Y+1989.0%
-35.53%
Return on Assets
-574%
3Y-494.0%
5Y+3236.0%
10Y-1955.0%
-48.79%
Return on Invested Capital
-555%
3Y-359.0%
5Y-1093.0%
10Y-672.0%
CMBM

Cambium Networks Corporation Cash Conversion Engine

CMBM · NASDAQ
Net Income-77.42M
Depreciation & Amortization9.03M
Stock-Based Compensation11.59M
Change in Working Capital14.27M
Others16.49M
Capital Expenditures-4.59M
Free Cash Flow-21.54M

Cash Flow Quality Analysis

FCF Conversion Rate

27.8%

Weak cash conversion. Significant portion of earnings not converting to cash—review working capital trends and capital intensity.

CapEx Intensity

-27.1%

Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.

FCF Growth Trend

-75.1%

Significant FCF decline raises concerns. Urgent review needed of operational performance and capital allocation.

Working Capital Impact

+$14.27M

Working capital inflow boosted cash flow. Efficient management of receivables, inventory, and payables contributing positively.

Cash Flow Quality Insight

Deteriorating cash generation: Both declining FCF and weak conversion rate signal fundamental challenges. Investigate margin pressure, rising costs, or working capital issues.

cmbm

Cambium Networks Corporation Funding & Solvency Profile

CMBM · NASDAQ
Cash & Cash Equivalents46.49M
Net Receivables58.39M
Inventory42.98M
Other Current Assets7.39M
Total Current Assets171 M
Property, Plant & Equipment20.66M
Goodwill & Intangible Assets29.78M
Long-Term Investments0.00
Other Non-Current Assets983.00K
Total Non-Current Assets22 M
Total Assets
222.61M

Financial Health Analysis

Current Ratio

1.10x

Acceptable liquidity, but monitor closely. Current assets just barely cover current liabilities.

Debt-to-Equity Ratio

4.10x

High financial leverage. Heavy reliance on debt may indicate increased financial risk and potential solvency concerns.

Working Capital

15 M

Positive working capital, but relatively tight. The company should monitor cash flow carefully.

Asset Composition

77% Current

Asset-light business model with high liquidity. Majority of assets are easily convertible to cash.

cmbm

Cambium Networks Corporation Street Expectations Map

CMBM · NASDAQ

Wall Street analysts project that CMBM stock may rise significantly over the coming 12 months. The consensus 1-year price target stands at 34.17, with estimates ranging from a low of 4.50 to a high of 74.00.

Lowest Target
4.50
148.62%
Consensus Target
34.17
1787.85%
Highest Target
74.00
3988.40%

The consensus 1-year price target stands at 34.17, with estimates ranging from a low of 4.50 to a high of 74.00.

Analyst Consensus Analysis

Upside Potential

+1787.8%

Substantial upside potential. Analysts see significant value gap, suggesting the stock may be materially undervalued at current levels.

Analyst Agreement

203.4% spread

High uncertainty. Very wide target spread indicates significant disagreement among analysts—major valuation uncertainty or transformation underway.

Analyst Conviction

Low

High uncertainty: Wide dispersion indicates analysts struggle to agree on valuation—proceed with caution and independent analysis.

Market Sentiment Insight

High risk, high reward: Substantial upside potential exists, but wide analyst disagreement signals execution risk or unclear catalysts. Thorough due diligence essential before committing capital.

cmbm

Cambium Networks Corporation Insider Positioning

CMBM · NASDAQ

During the last 12 months, insiders have sold $13K worth of CMBM shares, with no buying activity reported.

3 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

3-6 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

6-9 Months

Bought

0

0.00

Sold

895

686.00

Net Activity

-686

-$686

9-12 Months

Bought

0

0.00

Sold

18.5K

11.84K

Net Activity

-12K

-$12K

Top Buyers

No buying activity

Top Sellers

1
KMCS

Kurk Morgan C S

Director, Officer: President And Ceo

14.3K shares1 transactions

$10K

2
VV

Vivek Vibhu

Officer: Senior Vp, Products

4.5K shares2 transactions

$2K

3
SJ

Sayer Jacob

Officer: Chief Financial Officer

550 shares1 transactions

$384

4
CME

Cada-Bartoli Melissa Elizabeth

Officer: Global Controller And Cao

48 shares1 transactions

$36

Insider Activity Analysis

Net Insider Sentiment

Bearish

Strong bearish signal with $13K net selling. Heavy insider selling may indicate concerns about valuation or near-term prospects.

Buy/Sell Ratio

0.00:1

Very poor ratio. Heavy selling with minimal buying suggests insiders may be concerned about valuation or outlook.

Insider Participation

High Selling

4 insider sellers vs. 0 buyers. Widespread selling across multiple insiders may signal concerns.

No Dividend Yield Data

CMBM has not reported any dividend yield values in the available annual periods.

 

cmbm Dividend History

CMBM
10Y CAGR +0%
Latest $0
Annual $0
Stable dividend payments
Last Period: +0%