Roth Capital Predicts Reduced Earnings for Ceragon Networks

Ceragon Networks Ltd. (NASDAQ:CRNT) – Research analysts at Roth Capital cut their Q1 2025 earnings estimates for shares of Ceragon Networks in a note issued to investors on Tuesday, February 11th. Roth Capital analyst S. Searle now anticipates that the communications equipment provider will earn $0.03 per share for the quarter, down from their prior estimate of $0.07. Roth Capital currently has a “Strong-Buy” rating on the stock. The consensus estimate for Ceragon Networks’ current full-year earnings is $0.35 per share. Roth Capital also issued estimates for Ceragon Networks’ Q2 2025 earnings at $0.06 EPS and FY2025 earnings at $0.32 EPS.

Other analysts also recently issued research reports about the company. Litchfield Hills Research assumed coverage on Ceragon Networks in a research note on Tuesday, December 3rd. They issued a “buy” rating and a $10.00 price objective on the stock. Roth Mkm started coverage on shares of Ceragon Networks in a research report on Monday, October 28th. They issued a “buy” rating and a $4.50 price target on the stock. StockNews.com lowered shares of Ceragon Networks from a “strong-buy” rating to a “buy” rating in a research report on Thursday. Finally, Needham & Company LLC reaffirmed a “buy” rating and issued a $6.00 price objective on shares of Ceragon Networks in a research note on Wednesday. Four research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus price target of $6.83.

Ceragon Networks Price Performance

Shares of NASDAQ:CRNT opened at $3.54 on Friday. The stock’s 50 day moving average price is $4.67 and its 200 day moving average price is $3.49. The stock has a market cap of $302.39 million, a price-to-earnings ratio of 16.09 and a beta of 1.59. Ceragon Networks has a 12 month low of $2.33 and a 12 month high of $5.73.

Hedge Funds Weigh In On Ceragon Networks

A number of institutional investors have recently bought and sold shares of CRNT. Renaissance Technologies LLC lifted its stake in Ceragon Networks by 47.1% during the fourth quarter. Renaissance Technologies LLC now owns 1,333,295 shares of the communications equipment provider’s stock valued at $6,226,000 after buying an additional 426,760 shares in the last quarter. Marshall Wace LLP lifted its position in shares of Ceragon Networks by 598.1% in the 4th quarter. Marshall Wace LLP now owns 703,091 shares of the communications equipment provider’s stock valued at $3,283,000 after acquiring an additional 602,383 shares in the last quarter. Navellier & Associates Inc. acquired a new position in Ceragon Networks in the 4th quarter worth approximately $1,804,000. Walleye Capital LLC grew its position in Ceragon Networks by 95.1% during the 3rd quarter. Walleye Capital LLC now owns 283,933 shares of the communications equipment provider’s stock worth $778,000 after purchasing an additional 138,411 shares in the last quarter. Finally, JPMorgan Chase & Co. grew its position in Ceragon Networks by 481.7% during the 4th quarter. JPMorgan Chase & Co. now owns 221,539 shares of the communications equipment provider’s stock worth $1,035,000 after purchasing an additional 183,452 shares in the last quarter. Hedge funds and other institutional investors own 13.31% of the company’s stock.

Ceragon Networks Company Profile

Ceragon Networks Ltd., together with its subsidiaries, provides wireless transport solutions for cellular operators and other wireless service providers in North America, Europe, Africa, the Asia Pacific, the Middle East, India, and Latin America. The company's solutions use microwave and millimeter wave radio technology to transfer telecommunication traffic between base stations, small/distributed cells, and the service provider's network.