CRNT Q1 EPS Forecast Lowered by Litchfield Hills Research

Ceragon Networks Ltd. (NASDAQ:CRNT) – Stock analysts at Litchfield Hills Research decreased their Q1 2025 earnings estimates for shares of Ceragon Networks in a research report issued to clients and 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 estimate 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.

A number of other brokerages also recently issued reports on CRNT. Needham & Company LLC reissued a “buy” rating and set a $6.00 price objective on shares of Ceragon Networks in a research report on Wednesday, February 12th. Roth Mkm started coverage on shares of Ceragon Networks in a research note on Monday, October 28th. They set a “buy” rating and a $4.50 target price on the stock. Roth Capital upgraded shares of Ceragon Networks to a “strong-buy” rating in a research note on Monday, October 28th. Finally, StockNews.com cut shares of Ceragon Networks from a “strong-buy” rating to a “buy” rating in a research note on Thursday, February 13th. Four research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the stock has an average rating of “Buy” and an average target price of $6.83.

Ceragon Networks Trading Down 5.9 %

NASDAQ:CRNT opened at $3.01 on Friday. Ceragon Networks has a 12 month low of $2.33 and a 12 month high of $5.73. The company has a market cap of $257.11 million, a PE ratio of 11.15 and a beta of 1.59. The company has a 50 day simple moving average of $4.50 and a two-hundred day simple moving average of $3.52.

Hedge Funds Weigh In On Ceragon Networks

Several hedge funds have recently added to or reduced their stakes in CRNT. Penn Capital Management Company LLC bought a new position in Ceragon Networks during the 4th quarter valued at about $54,000. Commonwealth Equity Services LLC bought a new position in Ceragon Networks in the 4th quarter worth about $58,000. Bravias Capital Group LLC bought a new position in Ceragon Networks in the 4th quarter worth about $71,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS bought a new position in Ceragon Networks in the 4th quarter worth about $81,000. Finally, Perigon Wealth Management LLC purchased a new stake in shares of Ceragon Networks in the 4th quarter worth approximately $90,000. 13.31% of the stock is currently owned by institutional investors.

Ceragon Networks Company Profile

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.