S&P 500   3,768.25
DOW   30,814.26
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S&P 500   3,768.25
DOW   30,814.26
QQQ   311.86
pixel
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S&P 500   3,768.25
DOW   30,814.26
QQQ   311.86
pixel
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S&P 500   3,768.25
DOW   30,814.26
QQQ   311.86
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NASDAQ:CRNT

Ceragon Networks Stock Forecast, Price & News

$4.85
+1.70 (+53.97 %)
(As of 01/15/2021 12:00 AM ET)
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Today's Range
$2.93
Now: $4.85
$6.30
50-Day Range
$2.52
MA: $2.90
$3.41
52-Week Range
$0.99
Now: $4.85
$6.30
Volume38.12 million shs
Average Volume710,106 shs
Market Capitalization$391.20 million
P/E RatioN/A
Dividend YieldN/A
Beta2.03
Ceragon Networks Ltd. provides wireless backhaul solutions that enable cellular operators and other wireless service providers to deliver voice and data services. Its wireless backhaul solutions use microwave and millimeter wave technology to transfer telecommunication traffic between base stations, small sells, and the core of the service provider's network. The company also offers wireless fronthaul solutions that use microwave technology for ultra-high speed, ultra-low latency communication for wireless 5G and 4G 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-20GX, IP-20F, and IP-20G; and IP-50 disaggregated solutions, including IP-50E, IP-50C, 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 smart-phone applications, such as internet browsing, social networking, image sharing, music, and video applications; 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, 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 founded in 1996 and is headquartered in Tel Aviv, Israel.
Ceragon Networks logo

MarketRank

Overall MarketRank

0.86 out of 5 stars

Computer And Technology Sector

700th out of 1,259 stocks

Radio & T.V. Communications Equipment Industry

28th out of 47 stocks

Analyst Opinion: 1.3Community Rank: 2.4Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 0.6 5 -4 -3 -2 -1 -

Industry, Sector and Symbol

Industry Radio & t.v. communications equipment
Sub-IndustryN/A
Current SymbolNASDAQ:CRNT
CUSIPN/A
Phone972-3543-1643
Employees1,199

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$285.58 million
Cash Flow$0.16 per share
Book Value$1.99 per share

Profitability

Net Income$-2,340,000.00

Miscellaneous

Market Cap$391.20 million
Next Earnings Date2/8/2021 (Confirmed)
OptionableOptionable
$4.85
+1.70 (+53.97 %)
(As of 01/15/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Ceragon Networks (NASDAQ:CRNT) Frequently Asked Questions

How has Ceragon Networks' stock price been impacted by Coronavirus (COVID-19)?

Ceragon Networks' stock was trading at $1.47 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, CRNT shares have increased by 229.9% and is now trading at $4.85.
View which stocks have been most impacted by COVID-19
.

Is Ceragon Networks a buy right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ceragon Networks in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" Ceragon Networks stock.
View analyst ratings for Ceragon Networks
or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Ceragon Networks?

Wall Street analysts have given Ceragon Networks a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Ceragon Networks wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Ceragon Networks' next earnings date?

Ceragon Networks is scheduled to release its next quarterly earnings announcement on Monday, February 8th 2021.
View our earnings forecast for Ceragon Networks
.

How can I listen to Ceragon Networks' earnings call?

Ceragon Networks will be holding an earnings conference call on Monday, February 8th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

How were Ceragon Networks' earnings last quarter?

Ceragon Networks Ltd. (NASDAQ:CRNT) issued its quarterly earnings data on Saturday, November, 7th. The communications equipment provider reported $0.03 earnings per share for the quarter, beating analysts' consensus estimates of ($0.01) by $0.04. The communications equipment provider earned $70.58 million during the quarter, compared to analysts' expectations of $70.54 million. Ceragon Networks had a negative net margin of 5.72% and a negative return on equity of 10.43%.
View Ceragon Networks' earnings history
.

What price target have analysts set for CRNT?

2 brokerages have issued 12 month price objectives for Ceragon Networks' stock. Their forecasts range from $3.75 to $3.75. On average, they expect Ceragon Networks' share price to reach $3.75 in the next year. This suggests that the stock has a possible downside of 22.7%.
View analysts' price targets for Ceragon Networks
or view Wall Street analyst' top-rated stocks.

Who are some of Ceragon Networks' key competitors?

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 (NOK), NVIDIA (NVDA), Advanced Micro Devices (AMD), Inseego (INSG), QUALCOMM (QCOM), (CGC), Alibaba Group (BABA), Telefonaktiebolaget LM Ericsson (publ) (ERIC), Editas Medicine (EDIT) and Verizon Communications (VZ).

Who are Ceragon Networks' key executives?

Ceragon Networks' management team includes the following people:
  • Mr. Ira Palti, Pres, CEO & Director (Age 63, Pay $378.61k)
  • Mr. Amit Ancikovsky, Regional Pres of North America & Latin America (Age 50, Pay $460.49k)
  • Mr. Ran Vered, Chief Financial Officer (Age 42)
  • Mr. Guy Toibin, Exec. VP of IT & Chief Information Officer (Age 49)
  • Mr. Zvi Maayan, Exec. VP, Gen. Counsel & Corp. Sec. (Age 54)
  • Mr. Oz Zimerman, Exec. VP of Global Corp. Devel. (Age 57)
  • Mr. Shai Yaniv, Exec. VP Marketing & 5G Bus. Devel. (Age 50)
  • Ms. Michal Goldstein, Exec. VP of Global HR (Age 50)
  • Mr. Ram Prakash Tripathi, Regional Pres of India (Age 54)
  • Mr. Mario Querner, Regional Pres of Asia-Pacific & Arica (Age 59)

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 variety of retail and institutional investors. Top institutional investors include Breiter Capital Management Inc. (0.07%).

Which institutional investors are selling Ceragon Networks stock?

CRNT stock was sold by a variety of institutional investors in the last quarter, including Breiter Capital Management Inc..

How do I buy shares of Ceragon Networks?

Shares of CRNT 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.

What is Ceragon Networks' stock price today?

One share of CRNT stock can currently be purchased for approximately $4.85.

How big of a company is Ceragon Networks?

Ceragon Networks has a market capitalization of $391.20 million and generates $285.58 million in revenue each year. The communications equipment provider earns $-2,340,000.00 in net income (profit) each year or ($0.03) on an earnings per share basis. Ceragon Networks employs 1,199 workers across the globe.

What is Ceragon Networks' official website?

The official website for Ceragon Networks is www.ceragon.com.

How can I contact Ceragon Networks?

Ceragon Networks' mailing address is 24 RAOUL WALLENBERG ST, TEL AVIV L3, 69719. The communications equipment provider can be reached via phone at 972-3543-1643 or via email at [email protected]

This page was last updated on 1/17/2021 by MarketBeat.com Staff

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