Research Analysts Issue Forecasts for CRNT FY2025 Earnings

Ceragon Networks Ltd. (NASDAQ:CRNTFree Report) – Analysts at Roth Capital boosted their FY2025 earnings per share (EPS) estimates for shares of Ceragon Networks in a research report issued on Sunday, September 21st. Roth Capital analyst S. Searle now forecasts that the communications equipment provider will post earnings of $0.16 per share for the year, up from their previous estimate of $0.15. Roth Capital has a “Buy” rating and a $4.00 price objective on the stock. The consensus estimate for Ceragon Networks’ current full-year earnings is $0.26 per share. Roth Capital also issued estimates for Ceragon Networks’ Q4 2025 earnings at $0.06 EPS.

Separately, Needham & Company LLC reiterated a “buy” rating and set a $3.00 price target on shares of Ceragon Networks in a research note on Thursday, September 18th. Five investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company presently has an average rating of “Buy” and a consensus price target of $5.30.

Check Out Our Latest Report on CRNT

Ceragon Networks Stock Performance

Ceragon Networks stock opened at $2.47 on Wednesday. The business’s 50-day simple moving average is $2.12 and its two-hundred day simple moving average is $2.27. The company has a market cap of $219.66 million, a PE ratio of 15.44 and a beta of 1.08. Ceragon Networks has a fifty-two week low of $1.82 and a fifty-two week high of $5.73.

Hedge Funds Weigh In On Ceragon Networks

Several institutional investors and hedge funds have recently modified their holdings of the stock. First Wilshire Securities Management Inc. lifted its holdings in shares of Ceragon Networks by 23.6% in the 2nd quarter. First Wilshire Securities Management Inc. now owns 4,058,774 shares of the communications equipment provider’s stock valued at $9,985,000 after buying an additional 775,782 shares during the period. Millennium Management LLC raised its holdings in Ceragon Networks by 123.9% in the 4th quarter. Millennium Management LLC now owns 962,898 shares of the communications equipment provider’s stock worth $4,497,000 after purchasing an additional 532,798 shares during the period. KLCM Advisors Inc. acquired a new position in Ceragon Networks in the 1st quarter worth about $1,871,000. First Eagle Investment Management LLC raised its holdings in Ceragon Networks by 30.9% in the 2nd quarter. First Eagle Investment Management LLC now owns 590,860 shares of the communications equipment provider’s stock worth $1,454,000 after purchasing an additional 139,528 shares during the period. Finally, Qube Research & Technologies Ltd raised its holdings in Ceragon Networks by 100.4% in the 2nd quarter. Qube Research & Technologies Ltd now owns 580,093 shares of the communications equipment provider’s stock worth $1,427,000 after purchasing an additional 290,695 shares during the period. Institutional investors and hedge funds own 13.31% of the company’s stock.

About Ceragon Networks

(Get Free Report)

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.

Featured Articles

Earnings History and Estimates for Ceragon Networks (NASDAQ:CRNT)

Receive News & Ratings for Ceragon Networks Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ceragon Networks and related companies with MarketBeat.com's FREE daily email newsletter.