Litchfield Hills Research Weighs in on CRNT Q3 Earnings

Ceragon Networks Ltd. (NASDAQ:CRNT) – Equities research analysts at Litchfield Hills Research increased their Q3 2025 earnings per share (EPS) estimates for shares of Ceragon Networks in a research note issued to investors on Thursday, May 15th. Litchfield Hills Research analyst T. O’neill now anticipates that the communications equipment provider will post earnings per share of $0.07 for the quarter, up from their prior forecast of $0.06. The consensus estimate for Ceragon Networks’ current full-year earnings is $0.26 per share. Litchfield Hills Research also issued estimates for Ceragon Networks’ FY2025 earnings at $0.22 EPS.

A number of other equities analysts also recently commented on CRNT. Craig Hallum initiated coverage on shares of Ceragon Networks in a research note on Thursday, March 13th. They set a “buy” rating and a $5.00 target price for the company. StockNews.com cut Ceragon Networks from a “buy” rating to a “hold” rating in a research report on Thursday, May 8th. Finally, Needham & Company LLC cut their target price on Ceragon Networks from $6.00 to $4.50 and set a “buy” rating on the stock in a research report on Wednesday, May 7th. One analyst has rated the stock with a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Ceragon Networks has an average rating of “Buy” and an average price target of $6.00.

Ceragon Networks Trading Up 0.4%

Shares of NASDAQ:CRNT opened at $2.43 on Monday. Ceragon Networks has a 52 week low of $1.95 and a 52 week high of $5.73. The company’s 50 day moving average is $2.29 and its two-hundred day moving average is $3.37. The company has a market cap of $216.10 million, a PE ratio of 9.00 and a beta of 1.04.

Ceragon Networks (NASDAQ:CRNT) last issued its earnings results on Wednesday, May 7th. The communications equipment provider reported $0.02 earnings per share for the quarter, meeting the consensus estimate of $0.02. Ceragon Networks had a net margin of 6.10% and a return on equity of 21.32%.

Institutional Investors Weigh In On Ceragon Networks

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. NewEdge Advisors LLC grew its holdings in shares of Ceragon Networks by 132.2% during the first quarter. NewEdge Advisors LLC now owns 106,255 shares of the communications equipment provider’s stock worth $250,000 after purchasing an additional 60,498 shares during the last quarter. Cubist Systematic Strategies LLC purchased a new position in Ceragon Networks during the 1st quarter worth approximately $983,000. State of Wyoming acquired a new position in Ceragon Networks during the first quarter worth approximately $58,000. Worth Venture Partners LLC purchased a new stake in Ceragon Networks in the first quarter valued at approximately $47,000. Finally, Walleye Capital LLC lifted its stake in Ceragon Networks by 22.7% in the first quarter. Walleye Capital LLC now owns 346,117 shares of the communications equipment provider’s stock valued at $813,000 after buying an additional 64,087 shares during the last quarter. 13.31% of the stock is currently owned by institutional investors and hedge funds.

About Ceragon Networks

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.