Ceragon Networks (NASDAQ:CRNT - Get Free Report) is projected to announce its Q1 2025 earnings results before the market opens on Tuesday, May 6th. Analysts expect Ceragon Networks to post earnings of $0.02 per share and revenue of $87.01 million for the quarter.
Ceragon Networks Stock Down 1.4 %
CRNT stock opened at $2.15 on Tuesday. The company has a market cap of $191.20 million, a PE ratio of 7.96 and a beta of 1.60. Ceragon Networks has a 52 week low of $1.95 and a 52 week high of $5.73. The business has a 50-day simple moving average of $2.42 and a 200 day simple moving average of $3.40.
Analyst Ratings Changes
Several research analysts have recently issued reports on CRNT shares. Craig Hallum started coverage on shares of Ceragon Networks in a report on Thursday, March 13th. They set a "buy" rating and a $5.00 price target for the company. Needham & Company LLC reiterated a "buy" rating and issued a $6.00 price target on shares of Ceragon Networks in a research report on Wednesday, February 12th. Finally, StockNews.com upgraded Ceragon Networks from a "hold" rating to a "buy" rating in a research report on Wednesday, April 9th. Five research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, Ceragon Networks presently has a consensus rating of "Buy" and a consensus target price of $6.38.
View Our Latest Stock Report on Ceragon Networks
Ceragon Networks Company Profile
(
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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.
Further Reading
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