Litchfield Hills Research Predicts CRNT Q4 Earnings

Ceragon Networks Ltd. (NASDAQ:CRNT) – Litchfield Hills Research dropped their Q4 2026 earnings estimates for Ceragon Networks in a report released on Tuesday, November 10th. Litchfield Hills Research analyst T. O’neill now expects that the communications equipment provider will earn $0.01 per share for the quarter, down from their previous estimate of $0.03. The consensus estimate for Ceragon Networks’ current full-year earnings is $0.11 per share.

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

A number of other research analysts have also commented on CRNT. Needham & Company LLC upped their price target on Ceragon Networks from $3.00 to $3.50 and gave the company a “buy” rating in a research report on Thursday, November 5th. Wall Street Zen upgraded Ceragon Networks from a “buy” rating to a “strong-buy” rating in a research report on Saturday. Weiss Ratings cut Ceragon Networks from a “sell (d+)” rating to a “sell (d)” rating in a research note on Wednesday, August 19th. Finally, Zacks Research raised Ceragon Networks from a “strong sell” rating to a “hold” rating in a research note on Thursday, August 27th. Four research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $3.88.

Ceragon Networks Price Performance

NASDAQ CRNT opened at $2.52 on Wednesday. Ceragon Networks has a 1 year low of $1.85 and a 1 year high of $3.29. The stock has a market capitalization of $229.04 million, a PE ratio of 23.82 and a beta of 1.36. The business’s 50-day moving average is $2.10 and its 200 day moving average is $2.32.

Institutional Investors Weigh In On Ceragon Networks

Large investors have recently modified their holdings of the stock. R Squared Ltd boosted its stake in shares of Ceragon Networks by 10.9% during the 3rd quarter. R Squared Ltd now owns 63,465 shares of the communications equipment provider’s stock valued at $131,000 after purchasing an additional 6,256 shares in the last quarter. Spark Investment Management LLC bought a new position in Ceragon Networks in the second quarter worth about $27,000. AXQ Capital LP raised its stake in Ceragon Networks by 66.3% in the second quarter. AXQ Capital LP now owns 48,663 shares of the communications equipment provider’s stock worth $126,000 after buying an additional 19,404 shares in the last quarter. Aristides Capital LLC raised its stake in Ceragon Networks by 15.5% in the first quarter. Aristides Capital LLC now owns 162,963 shares of the communications equipment provider’s stock worth $352,000 after buying an additional 21,833 shares in the last quarter. Finally, Renaissance Technologies LLC lifted its holdings in Ceragon Networks by 13.7% in the first quarter. Renaissance Technologies LLC now owns 214,500 shares of the communications equipment provider’s stock worth $463,000 after buying an additional 25,800 shares during the period. Institutional investors 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.