Ceragon Networks (NASDAQ:CRNT - Get Free Report) will likely be posting its Q1 2025 quarterly earnings results before the market opens on Wednesday, May 7th. Analysts expect the company to announce earnings of $0.02 per share and revenue of $87.01 million for the quarter.
Ceragon Networks Price Performance
Shares of NASDAQ:CRNT traded up $0.06 on Friday, hitting $2.36. 967,327 shares of the company's stock were exchanged, compared to its average volume of 1,064,070. The stock has a market capitalization of $209.87 million, a price-to-earnings ratio of 8.74 and a beta of 1.60. Ceragon Networks has a 12 month low of $1.95 and a 12 month high of $5.73. The business's 50 day simple moving average is $2.36 and its two-hundred day simple moving average is $3.38.
Analysts Set New Price Targets
Several equities research analysts have issued reports on the stock. Craig Hallum initiated coverage on shares of Ceragon Networks in a research report on Thursday, March 13th. They issued a "buy" rating and a $5.00 price objective for the company. Needham & Company LLC reiterated a "buy" rating and issued a $6.00 price target on shares of Ceragon Networks in a report on Wednesday, February 12th. Finally, StockNews.com upgraded Ceragon Networks from a "hold" rating to a "buy" rating in a report on Wednesday, April 9th. Five investment analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, Ceragon Networks presently has an average rating of "Buy" and a consensus target price of $6.38.
Check Out Our Latest Stock Report on Ceragon Networks
About Ceragon Networks
(
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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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