Ceragon Networks Ltd. (NASDAQ:CRNT – Free Report) – Analysts at Roth Capital upped their FY2025 earnings per share (EPS) estimates for shares of Ceragon Networks in a note issued to investors on Sunday, September 21st. Roth Capital analyst S. Searle now anticipates that the communications equipment provider will earn $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 target 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 reissued a “buy” rating and issued a $3.00 price objective on shares of Ceragon Networks in a research note on Thursday, September 18th. Five equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus target price of $5.30.
Ceragon Networks Stock Performance
NASDAQ CRNT opened at $2.36 on Wednesday. The business has a fifty day moving average price of $2.12 and a 200 day moving average price of $2.27. Ceragon Networks has a one year low of $1.82 and a one year high of $5.73. The company has a market cap of $209.87 million, a P/E ratio of 14.75 and a beta of 1.08.
Institutional Trading of Ceragon Networks
A number of hedge funds and other institutional investors have recently modified their holdings of CRNT. KLCM Advisors Inc. acquired a new stake in shares of Ceragon Networks in the 1st quarter worth $1,871,000. First Wilshire Securities Management Inc. increased its position in shares of Ceragon Networks by 23.6% during the 2nd quarter. First Wilshire Securities Management Inc. now owns 4,058,774 shares of the communications equipment provider’s stock worth $9,985,000 after purchasing an additional 775,782 shares during the last quarter. Millennium Management LLC increased its position in shares of Ceragon Networks by 123.9% during 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 last quarter. Squarepoint Ops LLC increased its position in shares of Ceragon Networks by 642.7% during the 2nd quarter. Squarepoint Ops LLC now owns 552,939 shares of the communications equipment provider’s stock worth $1,360,000 after purchasing an additional 478,489 shares during the last quarter. Finally, Cubist Systematic Strategies LLC acquired a new stake in shares of Ceragon Networks during the 1st quarter worth about $983,000. 13.31% of the stock is 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.
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