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Wall Street builds on gains, heads for 4-week winning streak
Judge revives Obama-era ban on coal sales from federal lands
Biden & Bill Gates Igniting $40 Trillion Heist? (Ad)
S&P 500   4,280.15
DOW   33,761.05
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What Is WallStreetBets and What Stocks Are They Targeting?
“No Historic Crash Is Coming, What’s NEXT, Is Much Worse…” (PhD Economist) (Ad)
Can You Guess Which EV Stock Is Beating Tesla ?
Closing prices for crude oil, gold and other commodities
Three Chinese corporate giants leaving NY stock exchange
Biden & Bill Gates Igniting $40 Trillion Heist? (Ad)
Pipeline break spills 45,000 gallons of diesel in Wyoming
Wall Street builds on gains, heads for 4-week winning streak
Judge revives Obama-era ban on coal sales from federal lands
Biden & Bill Gates Igniting $40 Trillion Heist? (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
What Is WallStreetBets and What Stocks Are They Targeting?
“No Historic Crash Is Coming, What’s NEXT, Is Much Worse…” (PhD Economist) (Ad)
Can You Guess Which EV Stock Is Beating Tesla ?
Closing prices for crude oil, gold and other commodities
Three Chinese corporate giants leaving NY stock exchange
Biden & Bill Gates Igniting $40 Trillion Heist? (Ad)
Pipeline break spills 45,000 gallons of diesel in Wyoming
Wall Street builds on gains, heads for 4-week winning streak
Judge revives Obama-era ban on coal sales from federal lands
Biden & Bill Gates Igniting $40 Trillion Heist? (Ad)
NASDAQ:CRNT

Ceragon Networks - CRNT Stock Forecast, Price & News

$2.59
-0.02 (-0.77%)
(As of 08/12/2022 12:00 AM ET)
Add
Compare
Today's Range
$2.52
$2.63
50-Day Range
$1.58
$2.76
52-Week Range
$1.53
$4.14
Volume
401,594 shs
Average Volume
541,185 shs
Market Capitalization
$217.57 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$5.63

Ceragon Networks MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
117.2% Upside
$5.63 Price Target
Short Interest
Healthy
1.35% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.67mentions of Ceragon Networks in the last 14 days
Based on 11 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.01) to $0.10 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.30 out of 5 stars

Computer And Technology Sector

306th out of 659 stocks

Radio & T.V. Communications Equipment Industry

14th out of 25 stocks

CRNT stock logo

About Ceragon Networks (NASDAQ:CRNT) Stock

Ceragon Networks Ltd. provides wireless backhaul and fronthaul solutions that enable 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 the core of the service provider's network. The company also uses microwave technology for ultra-high speed, ultra-low latency communication for 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, distributors, and system integrators. It operates in North America, Europe, Africa, the Asia Pacific, the Middle East, 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.

Ceragon Networks Stock Down 2.3 %

Shares of Ceragon Networks stock traded down $0.06 during trading hours on Friday, reaching $2.55. 23,816 shares of the company were exchanged, compared to its average volume of 445,754. Ceragon Networks has a 1 year low of $1.53 and a 1 year high of $4.18. The stock's fifty day moving average is $2.37 and its 200 day moving average is $2.12.

Ceragon Networks (NASDAQ:CRNT - Get Rating) last posted its quarterly earnings data on Monday, August 1st. The communications equipment provider reported ($0.02) earnings per share for the quarter, topping analysts' consensus estimates of ($0.04) by $0.02. Ceragon Networks had a negative return on equity of 6.05% and a negative net margin of 5.34%. During the same quarter last year, the company earned ($0.02) EPS. As a group, equities analysts expect that Ceragon Networks will post -0.01 earnings per share for the current fiscal year.

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CRNT Stock News Headlines

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CRNT Company Calendar

Last Earnings
8/01/2022
Today
8/12/2022
Next Earnings (Estimated)
11/07/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Radio & t.v. communications equipment
Sub-Industry
N/A
Current Symbol
NASDAQ:CRNT
Employees
1,345
Year Founded
1996

Price Target and Rating

Average Stock Price Forecast
$5.63
High Stock Price Forecast
$6.00
Low Stock Price Forecast
$5.25
Forecasted Upside/Downside
+117.2%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$-14,830,000.00
Pretax Margin
-1.66%

Debt

Sales & Book Value

Annual Sales
$290.77 million
Cash Flow
$0.08 per share
Book Value
$1.57 per share

Miscellaneous

Free Float
68,042,000
Market Cap
$217.57 million
Optionable
Optionable
Beta
1.24

Social Links


Key Executives

  • Mr. Doron Arazi (Age 58)
    Pres, CEO & Interim CFO
    Comp: $212.23k
  • Mr. Mario Querner (Age 60)
    Regional Pres of Asia-Pacific & Arica
    Comp: $297.24k
  • Mr. Adrian Hipkiss (Age 56)
    Regional Pres of Europe & Ceragon Kinetics
    Comp: $481.83k
  • Mr. Guy Toibin (Age 50)
    Exec. VP of IT & Chief Information Officer
  • Ms. Maya Lustig
    Head of Investor Relations
  • Mr. Zvi Maayan (Age 55)
    Exec. VP, Gen. Counsel & Corp. Sec.
  • Mr. Oz Zimerman (Age 58)
    Exec. VP of Marketing & Corp. Devel.
  • Ms. Michal Goldstein (Age 51)
    Exec. VP of Global HR
  • Mr. Ram Prakash Tripathi (Age 55)
    Regional Pres of India
  • Mr. Muki Bourla (Age 48)
    Exec. VP of Global Delivery













CRNT Stock - Frequently Asked Questions

Should I buy or sell Ceragon Networks stock right now?

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

What is Ceragon Networks' stock price forecast for 2022?

2 Wall Street analysts have issued 12 month price objectives for Ceragon Networks' stock. Their CRNT share price forecasts range from $5.25 to $6.00. On average, they anticipate the company's share price to reach $5.63 in the next twelve months. This suggests a possible upside of 117.2% 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 2022?

Ceragon Networks' stock was trading at $2.58 at the start of the year. Since then, CRNT shares have increased by 0.4% and is now trading at $2.59.
View the best growth stocks for 2022 here
.

When is Ceragon Networks' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, November 7th 2022.
View our CRNT earnings forecast
.

How were Ceragon Networks' earnings last quarter?

Ceragon Networks Ltd. (NASDAQ:CRNT) posted its earnings results on Monday, August, 1st. The communications equipment provider reported ($0.02) EPS for the quarter, beating analysts' consensus estimates of ($0.04) by $0.02. Ceragon Networks had a negative net margin of 5.34% and a negative trailing twelve-month return on equity of 6.05%. During the same quarter in the prior year, the company earned ($0.02) earnings per share.

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

Ceragon Networks issued an update on its FY 2022 earnings guidance on Tuesday, August, 9th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $300.00 million-$315.00 million, compared to the consensus revenue estimate of $305.57 million.

What is Ira Palti's approval rating as Ceragon Networks' CEO?

46 employees have rated Ceragon Networks Chief Executive Officer Ira Palti on Glassdoor.com. Ira Palti has an approval rating of 94% among the company's employees. This puts Ira Palti in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

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).

What is Ceragon Networks' stock symbol?

Ceragon Networks trades on the NASDAQ under the ticker symbol "CRNT."

Who are Ceragon Networks' major shareholders?

Ceragon Networks' stock is owned by a number of institutional and retail investors. Top institutional shareholders include ARK Investment Management LLC (1.25%), Millrace Asset Group Inc. (0.79%), JPMorgan Chase & Co. (0.20%), Renaissance Technologies LLC (0.16%), UBS Group AG (0.08%) and Oppenheimer & Co. Inc. (0.06%).

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Ceragon Networks' stock price today?

One share of CRNT stock can currently be purchased for approximately $2.59.

How much money does Ceragon Networks make?

Ceragon Networks (NASDAQ:CRNT) has a market capitalization of $217.57 million and generates $290.77 million in revenue each year. The communications equipment provider earns $-14,830,000.00 in net income (profit) each year or ($0.20) on an earnings per share basis.

How many employees does Ceragon Networks have?

The company employs 1,345 workers across the globe.

When was Ceragon Networks founded?

Ceragon Networks was founded in 1996.

How can I contact Ceragon Networks?

Ceragon Networks' mailing address is 24 RAOUL WALLENBERG ST, TEL AVIV L3, 69719. The official website for the company is www.ceragon.com. The communications equipment provider can be reached via phone at (723) 543-1000, via email at investor@ceragon.com, or via fax at 972-3543-1600.

This page (NASDAQ:CRNT) was last updated on 8/13/2022 by MarketBeat.com Staff

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