Equities Analysts Issue Forecasts for CRNT Q1 Earnings

Ceragon Networks Ltd. (NASDAQ:CRNT) – Research analysts at Litchfield Hills Research decreased their Q1 2025 EPS estimates for shares of Ceragon Networks in a research note issued on Wednesday, February 19th. Litchfield Hills Research analyst T. O’neill now anticipates that the communications equipment provider will earn $0.01 per share for the quarter, down from their previous estimate of $0.11. Litchfield Hills Research currently has a “Buy” rating and a $10.00 target price on the stock. The consensus estimate for Ceragon Networks’ current full-year earnings is $0.26 per share. Litchfield Hills Research also issued estimates for Ceragon Networks’ Q2 2025 earnings at $0.01 EPS and FY2025 earnings at $0.17 EPS.

CRNT has been the topic of several other reports. StockNews.com lowered shares of Ceragon Networks from a “strong-buy” rating to a “buy” rating in a report on Thursday, February 13th. Needham & Company LLC restated a “buy” rating and issued a $6.00 price objective on shares of Ceragon Networks in a report on Wednesday, February 12th. Roth Mkm initiated coverage on shares of Ceragon Networks in a research note on Monday, October 28th. They set a “buy” rating and a $4.50 target price on the stock. Finally, Roth Capital raised shares of Ceragon Networks to a “strong-buy” rating in a research note on Monday, October 28th. Four investment 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.com, the stock currently has an average rating of “Buy” and a consensus price target of $6.83.

Ceragon Networks Stock Performance

Shares of CRNT stock opened at $3.01 on Friday. The firm’s 50 day moving average price is $4.50 and its 200-day moving average price is $3.53. Ceragon Networks has a one year low of $2.33 and a one year high of $5.73. The firm has a market cap of $257.11 million, a P/E ratio of 11.15 and a beta of 1.59.

Institutional Investors Weigh In On Ceragon Networks

Several large investors have recently added to or reduced their stakes in the business. Renaissance Technologies LLC increased its stake in Ceragon Networks by 47.1% during the 4th quarter. Renaissance Technologies LLC now owns 1,333,295 shares of the communications equipment provider’s stock worth $6,226,000 after buying an additional 426,760 shares during the period. Millennium Management LLC increased its position in shares of Ceragon Networks by 123.9% in the 4th quarter. Millennium Management LLC now owns 962,898 shares of the communications equipment provider’s stock valued at $4,497,000 after purchasing an additional 532,798 shares during the last quarter. Marshall Wace LLP increased 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 purchasing an additional 602,383 shares during the last quarter. Lazard Asset Management LLC increased its position in shares of Ceragon Networks by 26.7% in the 4th quarter. Lazard Asset Management LLC now owns 570,288 shares of the communications equipment provider’s stock valued at $2,663,000 after purchasing an additional 120,106 shares during the last quarter. Finally, Navellier & Associates Inc. purchased a new stake in shares of Ceragon Networks in the 4th quarter valued at approximately $1,804,000. 13.31% of the stock is owned by hedge funds and other institutional investors.

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.