Roth Capital Cuts Earnings Estimates for Ceragon Networks

Ceragon Networks Ltd. (NASDAQ:CRNT - Free Report) - Equities researchers at Roth Capital reduced their FY2025 earnings estimates for shares of Ceragon Networks in a research report issued on Thursday, July 17th. Roth Capital analyst S. Searle now forecasts that the communications equipment provider will post earnings of $0.27 per share for the year, down from their previous estimate of $0.32. Roth Capital currently has a "Buy" rating and a $4.00 price target on the stock. The consensus estimate for Ceragon Networks' current full-year earnings is $0.26 per share. Roth Capital also issued estimates for Ceragon Networks' Q3 2026 earnings at $0.11 EPS, Q4 2026 earnings at $0.13 EPS and FY2026 earnings at $0.40 EPS.

Other research analysts also recently issued research reports about the stock. Needham & Company LLC dropped their target price on shares of Ceragon Networks from $6.00 to $4.50 and set a "buy" rating on the stock in a report on Wednesday, May 7th. Wall Street Zen downgraded shares of Ceragon Networks from a "buy" rating to a "hold" rating in a report on Thursday, May 8th. One research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $5.60.

Ceragon Networks Trading Down 3.3%

CRNT traded down $0.08 during trading on Monday, hitting $2.32. The stock had a trading volume of 745,593 shares, compared to its average volume of 791,432. The firm has a market cap of $206.32 million, a PE ratio of 8.92 and a beta of 1.06. Ceragon Networks has a 12 month low of $1.95 and a 12 month high of $5.73. The company has a 50 day simple moving average of $2.39 and a 200-day simple moving average of $2.86.

Ceragon Networks (NASDAQ:CRNT - Get Free Report) last announced its earnings results on Wednesday, May 7th. The communications equipment provider reported $0.02 EPS for the quarter, hitting the consensus estimate of $0.02. Ceragon Networks had a net margin of 5.75% and a return on equity of 19.04%.

Institutional Trading of Ceragon Networks

A number of institutional investors and hedge funds have recently added to or reduced their stakes in CRNT. KLCM Advisors Inc. bought a new stake in Ceragon Networks in the first quarter valued at about $1,871,000. Marshall Wace LLP increased its stake in Ceragon Networks by 598.1% in the fourth quarter. Marshall Wace LLP now owns 703,091 shares of the communications equipment provider's stock valued at $3,283,000 after acquiring an additional 602,383 shares during the period. Millennium Management LLC increased its stake in Ceragon Networks by 123.9% in the fourth quarter. Millennium Management LLC now owns 962,898 shares of the communications equipment provider's stock valued at $4,497,000 after acquiring an additional 532,798 shares during the period. Renaissance Technologies LLC increased its stake in Ceragon Networks by 47.1% in the fourth quarter. Renaissance Technologies LLC now owns 1,333,295 shares of the communications equipment provider's stock valued at $6,226,000 after acquiring an additional 426,760 shares during the period. Finally, Cubist Systematic Strategies LLC bought a new stake in Ceragon Networks in the first quarter valued at about $983,000. Institutional investors own 13.31% of the company's stock.

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.