Analysts Issue Forecasts for CRNT FY2026 Earnings

Ceragon Networks Ltd. (NASDAQ:CRNT) – Research analysts at Litchfield Hills Research lifted their FY2026 earnings per share (EPS) estimates for Ceragon Networks in a report released on Tuesday, November 10th. Litchfield Hills Research analyst T. O’neill now forecasts that the communications equipment provider will earn $0.11 per share for the year, up from their previous estimate of $0.09. The consensus estimate for Ceragon Networks’ current full-year earnings is $0.11 per share.

Several other equities research analysts also recently commented on CRNT. Weiss Ratings downgraded Ceragon Networks from a “sell (d+)” rating to a “sell (d)” rating in a report on Wednesday, August 19th. Zacks Research raised shares of Ceragon Networks from a “strong sell” rating to a “hold” rating in a research note on Thursday, August 27th. Needham & Company LLC boosted their target price on shares of Ceragon Networks from $3.00 to $3.50 and gave the stock a “buy” rating in a report on Thursday, November 5th. Finally, Wall Street Zen upgraded shares of Ceragon Networks from a “buy” rating to a “strong-buy” rating in a research note on Saturday, November 7th. Four investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $3.88.

Ceragon Networks Price Performance

NASDAQ:CRNT opened at $2.52 on Thursday. The firm has a market capitalization of $229.05 million, a price-to-earnings ratio of 23.82 and a beta of 1.36. Ceragon Networks has a twelve month low of $1.85 and a twelve month high of $3.29. The stock’s 50 day moving average price is $2.11 and its two-hundred day moving average price is $2.32.

Ceragon Networks (NASDAQ:CRNT) last issued its quarterly earnings results on Thursday, November 5th. The communications equipment provider reported $0.07 EPS for the quarter, beating the consensus estimate of $0.04 by $0.03. The firm had revenue of $95.52 million during the quarter, compared to analysts’ expectations of $94.40 million. Ceragon Networks had a positive return on equity of 5.32% and a negative net margin of 0.26%.

Institutional Trading of Ceragon Networks

Several institutional investors and hedge funds have recently bought and sold shares of CRNT. WealthTrust Axiom LLC boosted its stake in shares of Ceragon Networks by 16.7% during the 3rd quarter. WealthTrust Axiom LLC now owns 1,116,709 shares of the communications equipment provider’s stock worth $2,312,000 after acquiring an additional 159,531 shares during the period. R Squared Ltd increased its holdings in shares of Ceragon Networks by 10.9% during the 3rd quarter. R Squared Ltd now owns 63,465 shares of the communications equipment provider’s stock worth $131,000 after acquiring an additional 6,256 shares during the last quarter. Seven Mile Advisory bought a new stake in Ceragon Networks in the 3rd quarter valued at $90,000. Spark Investment Management LLC acquired a new stake in Ceragon Networks during the 2nd quarter valued at $27,000. Finally, AXQ Capital LP lifted its holdings in Ceragon Networks by 66.3% during the 2nd quarter. AXQ Capital LP now owns 48,663 shares of the communications equipment provider’s stock valued at $126,000 after purchasing an additional 19,404 shares during the last quarter. Institutional investors own 13.31% of the company’s stock.

About Ceragon Networks

Ceragon Networks Ltd. (NASDAQ: CRNT) is a telecommunications equipment and solutions provider headquartered in Israel. The company develops wireless transport systems that help communications service providers connect mobile networks, broadband infrastructure and other distributed sites without relying solely on fiber-optic connections. Its product portfolio includes microwave and millimeter-wave radio systems, packet microwave solutions, antennas, network management software and related services.