CRNT Q3 EPS Forecast Raised by Litchfield Hills Research

Ceragon Networks Ltd. (NASDAQ:CRNT - Free Report) - Stock analysts at Litchfield Hills Research lifted their Q3 2025 earnings estimates for Ceragon Networks in a research report issued on Thursday, May 15th. Litchfield Hills Research analyst T. O'neill now forecasts that the communications equipment provider will post earnings of $0.07 per share for the quarter, up from their prior estimate of $0.06. The consensus estimate for Ceragon Networks' current full-year earnings is $0.26 per share. Litchfield Hills Research also issued estimates for Ceragon Networks' FY2025 earnings at $0.22 EPS.

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

Several other research firms also recently commented on CRNT. Craig Hallum assumed coverage on shares of Ceragon Networks in a research report on Thursday, March 13th. They issued a "buy" rating and a $5.00 target price for the company. Wall Street Zen downgraded shares of Ceragon Networks from a "buy" rating to a "hold" rating in a research report on Thursday, May 8th. Finally, Needham & Company LLC decreased their target price on shares of Ceragon Networks from $6.00 to $4.50 and set a "buy" rating for the company in a research report on Wednesday, May 7th. 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 MarketBeat, the company currently has an average rating of "Buy" and a consensus price target of $6.00.

Ceragon Networks Price Performance

CRNT traded down $0.06 on Monday, reaching $2.27. 400,310 shares of the company traded hands, compared to its average volume of 1,077,960. The company has a market cap of $201.87 million, a price-to-earnings ratio of 8.41 and a beta of 1.04. Ceragon Networks has a 52-week low of $1.95 and a 52-week high of $5.73. The stock's 50 day moving average price is $2.27 and its 200-day moving average price is $3.36.

Institutional Trading of Ceragon Networks

Several large investors have recently modified their holdings of the company. Hillsdale Investment Management Inc. boosted its holdings in shares of Ceragon Networks by 3.9% during the 4th quarter. Hillsdale Investment Management Inc. now owns 80,800 shares of the communications equipment provider's stock worth $377,000 after buying an additional 3,000 shares during the period. Algert Global LLC boosted its holdings in shares of Ceragon Networks by 32.2% during the 4th quarter. Algert Global LLC now owns 46,454 shares of the communications equipment provider's stock worth $217,000 after buying an additional 11,310 shares during the period. Penn Capital Management Company LLC bought a new stake in shares of Ceragon Networks during the 4th quarter worth $54,000. Commonwealth Equity Services LLC bought a new stake in shares of Ceragon Networks during the 4th quarter worth $58,000. Finally, Sei Investments Co. boosted its holdings in shares of Ceragon Networks by 21.6% during the 4th quarter. Sei Investments Co. now owns 78,180 shares of the communications equipment provider's stock worth $365,000 after buying an additional 13,909 shares during the period. 13.31% of the stock is owned by institutional investors.

About Ceragon Networks

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.