FY2026 EPS Forecast for Ceragon Networks Raised by Analyst

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

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

Other equities analysts have also issued reports about the company. Weiss Ratings lowered Ceragon Networks from a “sell (d+)” rating to a “sell (d)” rating in a research report on Wednesday, August 19th. Zacks Research upgraded shares of Ceragon Networks from a “strong sell” rating to a “hold” rating in a report on Thursday, August 27th. Needham & Company LLC increased their price objective on shares of Ceragon Networks from $3.00 to $3.50 and gave the stock a “buy” rating in a research 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 report on Saturday, November 7th. Four research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $3.88.

Ceragon Networks Price Performance

Shares of NASDAQ:CRNT opened at $2.52 on Thursday. Ceragon Networks has a 12 month low of $1.85 and a 12 month high of $3.29. The company’s 50-day moving average price is $2.11 and its two-hundred day moving average price is $2.32. The firm has a market cap of $229.05 million, a P/E ratio of 23.82 and a beta of 1.36.

Institutional Investors Weigh In On Ceragon Networks

A number of hedge funds and other institutional investors have recently bought and sold shares of CRNT. WealthTrust Axiom LLC grew 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 in the last quarter. R Squared Ltd lifted its position in shares of Ceragon Networks by 10.9% in the third quarter. R Squared Ltd now owns 63,465 shares of the communications equipment provider’s stock worth $131,000 after purchasing an additional 6,256 shares in the last quarter. Seven Mile Advisory bought a new stake in shares of Ceragon Networks in the third quarter worth $90,000. Spark Investment Management LLC acquired a new position in Ceragon Networks during the second quarter worth $27,000. Finally, AXQ Capital LP boosted its holdings in Ceragon Networks by 66.3% during the second quarter. AXQ Capital LP now owns 48,663 shares of the communications equipment provider’s stock worth $126,000 after purchasing an additional 19,404 shares during the last quarter. Institutional investors and hedge funds 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.