Q2 EPS Forecast for Ceragon Networks Lowered by Analyst

Ceragon Networks Ltd. (NASDAQ:CRNT - Free Report) - Investment analysts at Roth Capital lowered their Q2 2025 earnings per share (EPS) estimates for shares of Ceragon Networks in a research report issued to clients and investors on Wednesday, May 7th. Roth Capital analyst S. Searle now anticipates that the communications equipment provider will post earnings per share of $0.04 for the quarter, down from their previous estimate of $0.06. The consensus estimate for Ceragon Networks' current full-year earnings is $0.26 per share.

A number of other brokerages have also recently issued reports on CRNT. StockNews.com cut Ceragon Networks from a "buy" rating to a "hold" rating in a report on Thursday. Craig Hallum initiated coverage on Ceragon Networks in a report on Thursday, March 13th. They set a "buy" rating and a $5.00 price target on the stock. Finally, Needham & Company LLC dropped their target price on Ceragon Networks from $6.00 to $4.50 and set a "buy" rating on the stock in a research report on Wednesday. One research analyst has rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the company presently has an average rating of "Buy" and a consensus target price of $6.00.

Ceragon Networks Stock Down 1.4%

Ceragon Networks stock traded down $0.03 during mid-day trading on Friday, hitting $2.17. 774,127 shares of the company's stock traded hands, compared to its average volume of 1,069,782. The firm has a 50 day moving average price of $2.30 and a 200 day moving average price of $3.38. The company has a market cap of $192.98 million, a PE ratio of 8.04 and a beta of 1.04. Ceragon Networks has a one year low of $1.95 and a one year high of $5.73.

Ceragon Networks (NASDAQ:CRNT - Get Free Report) last announced its quarterly earnings results on Wednesday, May 7th. The communications equipment provider reported $0.02 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.02. Ceragon Networks had a return on equity of 21.32% and a net margin of 6.10%.

Institutional Investors Weigh In On Ceragon Networks

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Marshall Wace LLP grew its stake in shares of Ceragon Networks by 598.1% during the fourth quarter. Marshall Wace LLP now owns 703,091 shares of the communications equipment provider's stock worth $3,283,000 after purchasing an additional 602,383 shares during the period. Millennium Management LLC grew its stake in shares of Ceragon Networks by 123.9% during the fourth quarter. Millennium Management LLC now owns 962,898 shares of the communications equipment provider's stock worth $4,497,000 after purchasing an additional 532,798 shares during the period. Renaissance Technologies LLC grew its stake in shares of Ceragon Networks by 47.1% during the fourth quarter. Renaissance Technologies LLC now owns 1,333,295 shares of the communications equipment provider's stock worth $6,226,000 after purchasing an additional 426,760 shares during the period. Navellier & Associates Inc. bought a new position in Ceragon Networks during the fourth quarter worth about $1,804,000. Finally, Two Sigma Investments LP lifted its holdings in Ceragon Networks by 951.7% during the fourth quarter. Two Sigma Investments LP now owns 296,588 shares of the communications equipment provider's stock worth $1,385,000 after acquiring an additional 268,388 shares in the last quarter. 13.31% of the stock is owned by institutional investors and hedge funds.

Ceragon Networks Company Profile

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.