Q3 EPS Estimate for Ceragon Networks Lowered by Analyst

Key Points

• Litchfield Hills Research lowered Ceragon Networks’ Q3 2026 EPS forecast to $0.04 from $0.05, while estimating $0.03 EPS for Q4 and $0.09 for full-year 2026.
• Ceragon’s latest quarterly results included $0.02 EPS and $93.91 million in revenue, exceeding the $86.45 million consensus revenue estimate, though the company reported a negative net margin.
• Analyst sentiment remains mixed: four analysts rate the stock Buy and two rate it Sell, resulting in a consensus Hold rating and a $3.75 price target; shares recently traded at $2.18.

Ceragon Networks Ltd. (NASDAQ:CRNT - Free Report) - Equities researchers at Litchfield Hills Research lowered their Q3 2026 EPS estimates for Ceragon Networks in a research note issued to investors on Thursday, August 13th. Litchfield Hills Research analyst T. O'neill now forecasts that the communications equipment provider will post earnings per share of $0.04 for the quarter, down from their previous estimate of $0.05. The consensus estimate for Ceragon Networks' current full-year earnings is $0.12 per share. Litchfield Hills Research also issued estimates for Ceragon Networks' Q4 2026 earnings at $0.03 EPS and FY2026 earnings at $0.09 EPS.

Ceragon Networks (NASDAQ:CRNT - Get Free Report) last released its quarterly earnings results on Tuesday, August 11th. The communications equipment provider reported $0.02 earnings per share for the quarter. The company had revenue of $93.91 million during the quarter, compared to the consensus estimate of $86.45 million. Ceragon Networks had a negative net margin of 0.95% and a positive return on equity of 2.74%.

Several other analysts have also issued reports on CRNT. Roth Capital reissued a "buy" rating and set a $4.50 target price on shares of Ceragon Networks in a report on Tuesday, May 19th. Craig Hallum reiterated a "buy" rating and set a $4.00 price objective on shares of Ceragon Networks in a research note on Wednesday, May 20th. Needham & Company LLC restated a "buy" rating and issued a $3.00 target price on shares of Ceragon Networks in a research report on Tuesday. Wall Street Zen upgraded shares of Ceragon Networks from a "hold" rating to a "strong-buy" rating in a research report on Saturday, May 23rd. Finally, Weiss Ratings upgraded shares of Ceragon Networks from a "sell (d)" rating to a "sell (d+)" rating in a research report on Tuesday, May 26th. Four research analysts have rated the stock with a Buy rating and two have issued a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of "Hold" and a consensus price target of $3.75.

Ceragon Networks Price Performance

Ceragon Networks stock opened at $2.18 on Friday. The firm has a market cap of $198.14 million, a PE ratio of -72.67 and a beta of 1.37. The stock's fifty day moving average price is $2.42 and its two-hundred day moving average price is $2.42. Ceragon Networks has a one year low of $1.85 and a one year high of $3.29.

Institutional Investors Weigh In On Ceragon Networks

Several institutional investors and hedge funds have recently made changes to their positions in the business. BNP Paribas Financial Markets bought a new stake in shares of Ceragon Networks in the 2nd quarter valued at $26,000. Walleye Capital LLC acquired a new position in Ceragon Networks during the 4th quarter worth approximately $27,000. Tamar Securities LLC grew its stake in Ceragon Networks by 67.3% in the fourth quarter. Tamar Securities LLC now owns 17,016 shares of the communications equipment provider's stock valued at $36,000 after acquiring an additional 6,848 shares during the period. HRT Financial LP raised its position in shares of Ceragon Networks by 44.3% during the fourth quarter. HRT Financial LP now owns 19,660 shares of the communications equipment provider's stock worth $41,000 after purchasing an additional 6,039 shares during the period. Finally, Verition Fund Management LLC acquired a new stake in Ceragon Networks in the 4th quarter valued at $64,000. Institutional investors own 13.31% of the company's stock.

About Ceragon Networks

Ceragon Networks Ltd. is a global provider of wireless backhaul solutions, specializing in high-capacity, low-latency connectivity for mobile operators and private networks. The company designs and manufactures a portfolio of microwave and millimeter-wave equipment that serves as a fiber alternative for carrying voice, data and video traffic between cell sites and core networks. Ceragon's solutions are engineered to support the rigorous performance requirements of modern 4G and 5G deployments, with an emphasis on scalability, reliability and efficient spectrum utilization.

The company's product lineup includes point-to-point and multi-point radio platforms, as well as software-driven network management tools that enable operators to plan, deploy and monitor end-to-end transport networks.

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