Q3 EPS Forecast for Ceragon Networks Lifted by Analyst

Ceragon Networks Ltd. (NASDAQ:CRNT) – Investment analysts at Litchfield Hills Research lifted their Q3 2025 earnings per share (EPS) estimates for shares of Ceragon Networks in a report released on Thursday, May 15th. Litchfield Hills Research analyst T. O’neill now forecasts that the communications equipment provider will earn $0.07 per share for the quarter, up from their previous forecast of $0.06. The consensus estimate for Ceragon Networks’ current full-year earnings is $0.26 per share. Litchfield Hills Research also issued estimates for Ceragon Networks’ FY2025 earnings at $0.22 EPS.

Ceragon Networks (NASDAQ:CRNT) last issued its earnings results on Wednesday, May 7th. The communications equipment provider reported $0.02 EPS for the quarter, hitting the consensus estimate of $0.02. Ceragon Networks had a net margin of 6.10% and a return on equity of 21.32%.

A number of other equities research analysts also recently commented on CRNT. StockNews.com downgraded shares of Ceragon Networks from a “buy” rating to a “hold” rating in a report on Thursday, May 8th. Needham & Company LLC lowered their target price on shares of Ceragon Networks from $6.00 to $4.50 and set a “buy” rating for the company in a research note on Wednesday, May 7th. Finally, Craig Hallum started coverage on Ceragon Networks in a research note on Thursday, March 13th. They set a “buy” rating and a $5.00 price target on the stock. One research analyst has rated the stock with a hold rating, four have issued a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, Ceragon Networks has an average rating of “Buy” and an average price target of $6.00.

Ceragon Networks Stock Down 1.6%

Shares of NASDAQ:CRNT opened at $2.39 on Monday. The company has a market capitalization of $212.54 million, a P/E ratio of 8.85 and a beta of 1.04. Ceragon Networks has a 52-week low of $1.95 and a 52-week high of $5.73. The stock’s fifty day simple moving average is $2.29 and its 200-day simple moving average is $3.37.

Institutional Trading of Ceragon Networks

Institutional investors have recently made changes to their positions in the stock. KLCM Advisors Inc. acquired a new position in Ceragon Networks in the first quarter valued at $1,871,000. Marshall Wace LLP lifted its stake in shares of Ceragon Networks by 598.1% in the 4th quarter. Marshall Wace LLP now owns 703,091 shares of the communications equipment provider’s stock valued at $3,283,000 after purchasing an additional 602,383 shares in the last quarter. Millennium Management LLC lifted its stake in shares of Ceragon Networks by 123.9% in the 4th quarter. Millennium Management LLC now owns 962,898 shares of the communications equipment provider’s stock valued at $4,497,000 after purchasing an additional 532,798 shares in the last quarter. Renaissance Technologies LLC grew its holdings in shares of Ceragon Networks by 47.1% during the 4th quarter. Renaissance Technologies LLC now owns 1,333,295 shares of the communications equipment provider’s stock worth $6,226,000 after purchasing an additional 426,760 shares during the period. Finally, Cubist Systematic Strategies LLC acquired a new stake in Ceragon Networks during the 1st quarter worth approximately $983,000. 13.31% of the stock is owned by hedge funds and other 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.