Ceragon Networks Ltd. (NASDAQ:CRNT – Get Free Report) has been assigned an average recommendation of “Moderate Buy” from the six research firms that are presently covering the company, Marketbeat.com reports. One analyst has rated the stock with a sell rating, one has assigned a hold rating and four have given a buy rating to the company. The average 12 month target price among brokers that have covered the stock in the last year is $3.75.
Several equities analysts recently issued reports on CRNT shares. Needham & Company LLC reiterated a “buy” rating and issued a $3.00 price objective on shares of Ceragon Networks in a research report on Wednesday. Craig Hallum reiterated a “buy” rating and set a $4.00 price objective on shares of Ceragon Networks in a research note on Wednesday. Roth Mkm reiterated a “buy” rating and set a $4.50 price objective on shares of Ceragon Networks in a research note on Tuesday. Weiss Ratings cut Ceragon Networks from a “hold (c-)” rating to a “sell (d)” rating in a research note on Monday, April 20th. Finally, Zacks Research upgraded Ceragon Networks from a “strong sell” rating to a “hold” rating in a research note on Tuesday, April 21st.
View Our Latest Analysis on Ceragon Networks
Ceragon Networks Stock Up 3.8%
Ceragon Networks (NASDAQ:CRNT – Get Free Report) last announced its quarterly earnings data on Tuesday, May 19th. The communications equipment provider reported $0.01 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.01. The business had revenue of $85.00 million for the quarter, compared to the consensus estimate of $80.36 million. Ceragon Networks had a negative net margin of 0.62% and a positive return on equity of 3.52%. On average, analysts forecast that Ceragon Networks will post 0.17 EPS for the current year.
Ceragon Networks News Roundup
Here are the key news stories impacting Ceragon Networks this week:
- Positive Sentiment: Ceragon beat revenue expectations in Q1, with sales of $85.0 million coming in above forecasts, driven by strength in India and solid activity in North America. Ceragon Networks Reports 2026 First Quarter Financial Results
- Positive Sentiment: Needham & Company reaffirmed its buy rating and set a $3.00 price target, suggesting upside from recent trading levels. Needham Reaffirms Buy Rating
- Neutral Sentiment: The company met earnings expectations exactly, reporting $0.01 EPS versus the consensus estimate of $0.01, which is supportive but not a major surprise. Ceragon Networks Meets Q1 Earnings Estimates
- Neutral Sentiment: Management reaffirmed its 2026 outlook, with revenue guidance of $355 million to $385 million, keeping investor attention on execution for the rest of the year. Ceragon Networks Reports 2026 First Quarter Financial Results
- Negative Sentiment: Revenue still declined year over year and GAAP net loss remained slightly negative, which may be tempering enthusiasm despite the beat on expectations. Ceragon Networks Reports 2026 First Quarter Financial Results
Institutional Investors Weigh In On Ceragon Networks
A number of large investors have recently added to or reduced their stakes in the business. BNP Paribas Financial Markets bought a new position in shares of Ceragon Networks during the second quarter worth about $26,000. Jones Financial Companies Lllp increased its holdings in Ceragon Networks by 283.3% in the third quarter. Jones Financial Companies Lllp now owns 11,500 shares of the communications equipment provider’s stock worth $27,000 after purchasing an additional 8,500 shares in the last quarter. Walleye Capital LLC bought a new stake in Ceragon Networks in the fourth quarter worth approximately $27,000. Tamar Securities LLC increased its holdings in Ceragon Networks by 67.3% in the fourth quarter. Tamar Securities LLC now owns 17,016 shares of the communications equipment provider’s stock worth $36,000 after purchasing an additional 6,848 shares in the last quarter. Finally, HRT Financial LP increased its holdings in Ceragon Networks by 44.3% in the fourth quarter. HRT Financial LP now owns 19,660 shares of the communications equipment provider’s stock worth $41,000 after purchasing an additional 6,039 shares in the last quarter. Institutional investors own 13.31% of the company’s stock.
About Ceragon Networks
Ceragon Networks Ltd. is a global provider of wireless backhaul solutions, specializing in high-capacity, low-latency connectivity for mobile operators and private networks. The company designs and manufactures a portfolio of microwave and millimeter-wave equipment that serves as a fiber alternative for carrying voice, data and video traffic between cell sites and core networks. Ceragon’s solutions are engineered to support the rigorous performance requirements of modern 4G and 5G deployments, with an emphasis on scalability, reliability and efficient spectrum utilization.
The company’s product lineup includes point-to-point and multi-point radio platforms, as well as software-driven network management tools that enable operators to plan, deploy and monitor end-to-end transport networks.
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