Ceragon Networks (NASDAQ:CRNT) Issues Earnings Results

Ceragon Networks (NASDAQ:CRNT) posted its earnings results on Tuesday. The communications equipment provider reported $0.02 earnings per share for the quarter, missing analysts’ consensus estimates of $0.03 by ($0.01), FiscalAI reports. Ceragon Networks had a return on equity of 6.67% and a net margin of 0.38%.The company had revenue of $82.33 million for the quarter, compared to the consensus estimate of $84.23 million.

Here are the key takeaways from Ceragon Networks’ conference call:

• Ceragon reiterated full-year 2026 revenue guidance of $355 million–$385 million, saying early 2026 activity supports the outlook.
• Q4 revenue was $82.3 million (down 23% YoY) and full-year revenue was $338.7 million (down 14.1% YoY), with non-GAAP EPS of $0.02 in Q4 and operating income materially lower versus 2024.
• Balance sheet and cash flow improved: cash of $38.4 million, net cash position of $19.4 million (up from $10.1M), and positive free cash flow in Q4 (> $7M).
• Management plans to launch four new products in 2026 (some with initial revenue this year), will showcase at MWC, and highlighted a multi‑million APAC private‑network win plus traction for Siklu 60 GHz and FR2 point‑to‑multipoint solutions.
• Company noted a recent spike in memory prices and ongoing FX exposure (USD/ILS hedging), saying memory cost increases could pressure margins if mitigation measures are insufficient.

Ceragon Networks Stock Down 1.8%

Shares of NASDAQ CRNT opened at $2.22 on Wednesday. The company has a market capitalization of $197.42 million, a PE ratio of 111.06 and a beta of 1.20. Ceragon Networks has a twelve month low of $1.82 and a twelve month high of $3.54. The firm has a fifty day simple moving average of $2.22 and a 200 day simple moving average of $2.20.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. BNP Paribas Financial Markets bought a new stake in shares of Ceragon Networks during the 2nd quarter valued at about $26,000. Walleye Capital LLC acquired a new position in Ceragon Networks in the fourth quarter valued at approximately $27,000. HRT Financial LP boosted its holdings in shares of Ceragon Networks by 44.3% during the 4th quarter. HRT Financial LP now owns 19,660 shares of the communications equipment provider’s stock worth $41,000 after buying an additional 6,039 shares in the last quarter. Verition Fund Management LLC bought a new position in shares of Ceragon Networks during the 4th quarter worth approximately $64,000. Finally, Worth Venture Partners LLC acquired a new stake in shares of Ceragon Networks during the 3rd quarter worth approximately $122,000. 13.31% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

CRNT has been the topic of several research reports. Weiss Ratings restated a “hold (c-)” rating on shares of Ceragon Networks in a report on Monday, December 29th. Needham & Company LLC reiterated a “buy” rating and set a $3.00 target price on shares of Ceragon Networks in a research report on Wednesday, November 12th. Finally, Zacks Research lowered shares of Ceragon Networks from a “hold” rating to a “strong sell” rating in a report on Tuesday, January 20th. Three research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Ceragon Networks currently has an average rating of “Hold” and an average target price of $4.00.

More Ceragon Networks News

Here are the key news stories impacting Ceragon Networks this week:

• Positive Sentiment: Heavy call-option buying: traders purchased ~5,798 call contracts on Feb. 17 (about +1,180% vs. average), which signals short-term bullish speculative interest and could support price swings or dampen declines if bullish bets continue.
• Positive Sentiment: Company press release: Ceragon said Q4 and full-year results were in line with its January preliminary update, reiterated guidance and said the balance sheet is strengthened — a stabilizing message for investors. Ceragon Reports Fourth Quarter and Full-Year 2025 Financial Results
• Neutral Sentiment: Earnings call transcripts available (cover management commentary/forward outlook); useful for investors wanting detail on revenue drivers, margins and guidance execution but are informational rather than market-moving by themselves. Fool Transcript Seeking Alpha Transcript
• Neutral Sentiment: Pre-earnings coverage and analysis pieces summarize expectations and context around results; helpful for background but not new news. Benzinga Preview
• Neutral Sentiment: Short-interest reports in the feed show anomalous/zero values and appear to be data errors (0 shares / NaN changes); there’s no meaningful measurable change in short interest from these entries.
• Negative Sentiment: Q4 results missed estimates: EPS $0.02 vs. consensus $0.03 and revenue $82.33M vs. $84.23M est. The miss (and EPS decline year-over-year) is the primary near-term negative catalyst pressuring the stock. Zacks: Misses Q4 Earnings

Ceragon Networks Company Profile

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.