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Stock market today: World markets are lower after China unveils 5% economic growth target for 2024
Critical asset just had biggest fall on record (Ad)
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Closing prices for crude oil, gold and other commodities
S&P 500   5,130.95
DOW   38,989.83
QQQ   444.02
5 Under-the-Radar Artificial Intelligence (AI) Stocks
Critical asset just had biggest fall on record (Ad)
How major US stock indexes fared Monday, 3/4/2024
Macy's, United Rentals rise; Apple, Spirit Airlines fall Monday, 3/4/2024
Critical asset just had biggest fall on record (Ad)
DeSantis names Disney World district administrator to run elections in Democratic Orange County
Stock market today: World markets are lower after China unveils 5% economic growth target for 2024
Critical asset just had biggest fall on record (Ad)
Ohio foundation begins process to distribute millions in opioid settlement money
Closing prices for crude oil, gold and other commodities
S&P 500   5,130.95
DOW   38,989.83
QQQ   444.02
5 Under-the-Radar Artificial Intelligence (AI) Stocks
Critical asset just had biggest fall on record (Ad)
How major US stock indexes fared Monday, 3/4/2024
Macy's, United Rentals rise; Apple, Spirit Airlines fall Monday, 3/4/2024
Critical asset just had biggest fall on record (Ad)
DeSantis names Disney World district administrator to run elections in Democratic Orange County
Stock market today: World markets are lower after China unveils 5% economic growth target for 2024
Critical asset just had biggest fall on record (Ad)
Ohio foundation begins process to distribute millions in opioid settlement money
Closing prices for crude oil, gold and other commodities
S&P 500   5,130.95
DOW   38,989.83
QQQ   444.02
5 Under-the-Radar Artificial Intelligence (AI) Stocks
Critical asset just had biggest fall on record (Ad)
How major US stock indexes fared Monday, 3/4/2024
Macy's, United Rentals rise; Apple, Spirit Airlines fall Monday, 3/4/2024
Critical asset just had biggest fall on record (Ad)
DeSantis names Disney World district administrator to run elections in Democratic Orange County
Stock market today: World markets are lower after China unveils 5% economic growth target for 2024
Critical asset just had biggest fall on record (Ad)
Ohio foundation begins process to distribute millions in opioid settlement money
Closing prices for crude oil, gold and other commodities
NASDAQ:CRNT

Ceragon Networks (CRNT) Stock Price, News & Analysis

$3.01
-0.02 (-0.66%)
(As of 03/4/2024 ET)
Today's Range
$2.96
$3.15
50-Day Range
$2.07
$3.05
52-Week Range
$1.55
$3.14
Volume
1.08 million shs
Average Volume
679,282 shs
Market Capitalization
$253.89 million
P/E Ratio
43.01
Dividend Yield
N/A
Price Target
$5.25

Ceragon Networks MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
74.4% Upside
$5.25 Price Target
Short Interest
Healthy
0.37% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.61mentions of Ceragon Networks in the last 14 days
Based on 8 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.58 out of 5 stars

Computer And Technology Sector

340th out of 598 stocks

Radio & T.V. Communications Equipment Industry

12th out of 22 stocks


CRNT stock logo

About Ceragon Networks Stock (NASDAQ:CRNT)

Ceragon Networks Ltd. provides wireless transport solutions for cellular operators and other wireless service providers. Its solutions use microwave and millimeter wave radio technology to transfer telecommunication traffic between base stations, small/distributed cells, and service provider's network. The company also uses microwave and millimeter-wave radio technologies to transfer telecommunication traffic between wireless 5G and 4G, 3G, and other cellular base stations. In addition, it provides IP-20 all-outdoor solutions, such as IP-20C, IP-20C-HP, IP-20S, IP-20E, and IP-20V; IP-20 split-mount, all-indoor solutions comprising IP-20N/IP-20A, IP-20F, and IP-20G; and IP-50 disaggregated solutions, including IP-50E, IP-50C, IP-50S, and IP-50FX for various short-haul, long-haul, fronthaul, and enterprise access applications. Further, the company offers network management system; and network and radio planning, site survey, solutions development, installation, network auditing and optimization, maintenance, training, and other services. It provides its services to oil and gas companies; public safety organizations; business and public institutions; broadcasters; energy utilities; and private communications networks. The company sells its products through direct sales, original equipment manufacturers, resellers, distributors, and system integrators. It operates in North America, Europe, Africa, the Asia Pacific, India, and Latin America. The company was formerly known as Giganet Ltd. and changed its name to Ceragon Networks Ltd. in September 2000. Ceragon Networks Ltd. was incorporated in 1996 and is headquartered in Rosh HaAyin, Israel.

CRNT Stock Price History

CRNT Stock News Headlines

Ceragon Networks (NASDAQ:CRNT) Downgraded by StockNews.com
Ceragon Networks Ltd.
This is the #1 Stock to Buy for the AI Tidal Wave
Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.
CRNT Sep 2024 3.000 put
Top 3 Tech Stocks to Buy in March
This is the #1 Stock to Buy for the AI Tidal Wave
Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.
CRNT Mar 2024 1.000 call
Ceragon Networks Q4 2023 Earnings Preview
Ceragon Networks Ltd
Ceragon Networks: A Top Pick For 2024
3 B-Rated Tech Stocks With 2024 Gain Prospects
See More Headlines
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Company Calendar

Last Earnings
2/20/2024
Today
3/05/2024
Next Earnings (Estimated)
5/06/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Radio & t.v. communications equipment
Sub-Industry
N/A
Current Symbol
NASDAQ:CRNT
Employees
1,408
Year Founded
1996

Price Target and Rating

Average Stock Price Target
$5.25
High Stock Price Target
$5.25
Low Stock Price Target
$5.25
Potential Upside/Downside
+74.4%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$6.22 million
Pretax Margin
3.67%

Debt

Sales & Book Value

Annual Sales
$347.18 million
Cash Flow
$0.27 per share
Book Value
$1.59 per share

Miscellaneous

Free Float
68,326,000
Market Cap
$253.89 million
Optionable
Optionable
Beta
1.48

Social Links

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Key Executives

  • Mr. Doron Arazi (Age 60)
    President & CEO
    Comp: $367.56k
  • Mr. Ulik Broida (Age 57)
    Chief Product Officer
    Comp: $244.38k
  • Mr. Carlos Alvarez (Age 48)
    President of Latin America
    Comp: $315k
  • Mr. Ronen Rotstein (Age 47)
    Regional President of North America
    Comp: $389.71k
  • Mr. Ronen Stein (Age 57)
    Chief Financial Officer
  • Mr. Dima Friedman (Age 55)
    Executive VP & COO
  • Ms. Maya Lustig
    Head of Investor Relations
  • Ms. Hadar Vismunski-Weinberg (Age 50)
    Chief Legal Officer
  • Mr. Oz Zimerman (Age 60)
    Executive Vice President of Corporate Development & CMO
  • Ms. Michal Goldstein (Age 53)
    Chief People Officer














CRNT Stock Analysis - Frequently Asked Questions

Should I buy or sell Ceragon Networks stock right now?

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Ceragon Networks in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" CRNT shares.
View CRNT analyst ratings
or view top-rated stocks.

What is Ceragon Networks' stock price target for 2024?

2 Wall Street analysts have issued twelve-month price targets for Ceragon Networks' stock. Their CRNT share price targets range from $5.25 to $5.25. On average, they expect the company's share price to reach $5.25 in the next year. This suggests a possible upside of 74.4% from the stock's current price.
View analysts price targets for CRNT
or view top-rated stocks among Wall Street analysts.

How have CRNT shares performed in 2024?

Ceragon Networks' stock was trading at $2.16 on January 1st, 2024. Since then, CRNT shares have increased by 39.4% and is now trading at $3.01.
View the best growth stocks for 2024 here
.

Are investors shorting Ceragon Networks?

Ceragon Networks saw a increase in short interest in the month of February. As of February 15th, there was short interest totaling 246,600 shares, an increase of 23.5% from the January 31st total of 199,600 shares. Based on an average daily volume of 479,400 shares, the days-to-cover ratio is presently 0.5 days. Approximately 0.4% of the shares of the stock are sold short.
View Ceragon Networks' Short Interest
.

When is Ceragon Networks' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, May 6th 2024.
View our CRNT earnings forecast
.

How were Ceragon Networks' earnings last quarter?

Ceragon Networks Ltd. (NASDAQ:CRNT) issued its quarterly earnings results on Tuesday, February, 20th. The communications equipment provider reported $0.03 earnings per share for the quarter, topping analysts' consensus estimates of $0.02 by $0.01. The communications equipment provider had revenue of $90.36 million for the quarter. Ceragon Networks had a trailing twelve-month return on equity of 9.95% and a net margin of 1.79%. During the same quarter in the prior year, the business posted ($0.01) earnings per share.

What ETF holds Ceragon Networks' stock ?

ARK Israel Innovative Technology ETF holds 1,034,430 shares of CRNT stock, representing 2.17% of its portfolio.

What guidance has Ceragon Networks issued on next quarter's earnings?

Ceragon Networks updated its FY 2023 earnings guidance on Thursday, January, 18th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $346.0 million-$346.0 million, compared to the consensus revenue estimate of $341.6 million.

What is Doron Arazi's approval rating as Ceragon Networks' CEO?

25 employees have rated Ceragon Networks Chief Executive Officer Doron Arazi on Glassdoor.com. Doron Arazi has an approval rating of 94% among the company's employees. This puts Doron Arazi in the top 30% of approval ratings compared to other CEOs of publicly-traded companies. 66.0% of employees surveyed would recommend working at Ceragon Networks to a friend.

What other stocks do shareholders of Ceragon Networks own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Ceragon Networks investors own include Nokia Oyj (NOK), NVIDIA (NVDA), Advanced Micro Devices (AMD), Inseego (INSG), QUALCOMM (QCOM), Alibaba Group (BABA), Telefonaktiebolaget LM Ericsson (publ) (ERIC), Editas Medicine (EDIT) and Verizon Communications (VZ).

Who are Ceragon Networks' major shareholders?

Ceragon Networks' stock is owned by a number of institutional and retail investors. Top institutional investors include First Wilshire Securities Management Inc. (3.61%), ARK Investment Management LLC (1.36%), Essex Investment Management Co. LLC (1.26%), First Eagle Investment Management LLC (0.65%), Dimensional Fund Advisors LP (0.56%) and Worth Venture Partners LLC (0.10%).

How do I buy shares of Ceragon Networks?

Shares of CRNT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does Ceragon Networks have any subsidiaries?
The following companies are subsidiares of Ceragon Networks: Ceragon Networks (India) Private Limited, Ceragon Networks Inc., and NERA Networks.
Read More
This page (NASDAQ:CRNT) was last updated on 3/5/2024 by MarketBeat.com Staff