Q1 EPS Estimates for CRNT Cut by Litchfield Hills Research

Ceragon Networks Ltd. (NASDAQ:CRNT) – Stock analysts at Litchfield Hills Research cut their Q1 2025 EPS estimates for Ceragon Networks in a research note issued to investors on Wednesday, February 19th. Litchfield Hills Research analyst T. O’neill now forecasts that the communications equipment provider will post earnings of $0.01 per share for the quarter, down from their prior forecast of $0.11. Litchfield Hills Research has a “Buy” rating and a $10.00 price objective on the stock. The consensus estimate for Ceragon Networks’ current full-year earnings is $0.33 per share. Litchfield Hills Research also issued estimates for Ceragon Networks’ Q2 2025 earnings at $0.01 EPS and FY2025 earnings at $0.17 EPS.

Other equities research analysts also recently issued research reports about the company. StockNews.com downgraded Ceragon Networks from a “strong-buy” rating to a “buy” rating in a research report on Thursday, February 13th. Roth Mkm initiated coverage on shares of Ceragon Networks in a report on Monday, October 28th. They issued a “buy” rating and a $4.50 price objective on the stock. Needham & Company LLC reissued a “buy” rating and issued a $6.00 target price on shares of Ceragon Networks in a research report on Wednesday, February 12th. Finally, Roth Capital upgraded Ceragon Networks to a “strong-buy” rating in a research report on Monday, October 28th. Four analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Buy” and a consensus price target of $6.83.

Ceragon Networks Stock Performance

CRNT stock opened at $3.20 on Friday. The firm has a market cap of $273.34 million, a PE ratio of 11.85 and a beta of 1.59. Ceragon Networks has a one year low of $2.33 and a one year high of $5.73. The firm’s 50 day moving average price is $4.54 and its 200-day moving average price is $3.51.

Institutional Trading of Ceragon Networks

Large investors have recently made changes to their positions in the company. Penn Capital Management Company LLC purchased a new position in Ceragon Networks in the fourth quarter worth approximately $54,000. Commonwealth Equity Services LLC acquired a new stake in shares of Ceragon Networks in the 4th quarter valued at $58,000. Bravias Capital Group LLC purchased a new stake in shares of Ceragon Networks during the 4th quarter worth $71,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS purchased a new stake in shares of Ceragon Networks during the 4th quarter worth $81,000. Finally, Perigon Wealth Management LLC acquired a new position in shares of Ceragon Networks during the fourth quarter worth $90,000. 13.31% of the stock is currently owned by hedge funds and other 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.