Q4 EPS Forecast for Ceragon Networks Cut by Analyst

Key Points

• Litchfield Hills Research cut its Q4 2026 EPS forecast for Ceragon Networks to $0.01 from $0.03 per share; full-year consensus EPS is $0.11.
• Ceragon’s latest reported quarter beat expectations, with EPS of $0.07 versus $0.04 forecast and revenue of $95.52 million versus $94.40 million expected.
• Analyst sentiment is broadly positive: the stock has a “Moderate Buy” consensus rating and an average price target of $3.88.

Ceragon Networks Ltd. (NASDAQ:CRNT - Free Report) - Analysts at Litchfield Hills Research lowered their Q4 2026 earnings estimates for Ceragon Networks in a research note issued on Tuesday, November 10th. Litchfield Hills Research analyst T. O'neill now forecasts that the communications equipment provider will post earnings of $0.01 per share for the quarter, down from their previous forecast of $0.03. The consensus estimate for Ceragon Networks' current full-year earnings is $0.11 per share.

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

Ceragon Networks Price Performance

NASDAQ:CRNT opened at $2.52 on Wednesday. The business has a 50 day moving average of $2.10 and a 200 day moving average of $2.32. The company has a market capitalization of $229.04 million, a price-to-earnings ratio of 23.82 and a beta of 1.36. Ceragon Networks has a 1-year low of $1.85 and a 1-year high of $3.29.

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

Institutional Investors Weigh In On Ceragon Networks

Several institutional investors have recently bought and sold shares of the stock. First Wilshire Securities Management Inc. grew its position in Ceragon Networks by 18.0% during the 1st quarter. First Wilshire Securities Management Inc. now owns 4,854,150 shares of the communications equipment provider's stock worth $10,485,000 after acquiring an additional 740,358 shares during the last quarter. Arrowstreet Capital Limited Partnership bought a new stake in Ceragon Networks in the first quarter valued at approximately $911,000. WealthTrust Axiom LLC boosted its stake in shares of Ceragon Networks by 16.7% during the third quarter. WealthTrust Axiom LLC now owns 1,116,709 shares of the communications equipment provider's stock valued at $2,312,000 after purchasing an additional 159,531 shares during the period. Seven Mile Advisory purchased a new stake in shares of Ceragon Networks during the third quarter valued at approximately $90,000. Finally, Renaissance Technologies LLC grew its holdings in shares of 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 purchasing an additional 25,800 shares during the last quarter. 13.31% of the stock is currently owned by hedge funds and other institutional investors.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.