FY2025 EPS Forecast for Ceragon Networks Lowered by Analyst

Ceragon Networks Ltd. (NASDAQ:CRNT) – Stock analysts at Roth Capital cut their FY2025 EPS estimates for Ceragon Networks in a report released on Tuesday, November 11th. Roth Capital analyst S. Searle now anticipates that the communications equipment provider will earn $0.11 per share for the year, down from their previous estimate of $0.16. Roth Capital currently has a “Buy” rating and a $4.00 target price on the stock. The consensus estimate for Ceragon Networks’ current full-year earnings is $0.26 per share. Roth Capital also issued estimates for Ceragon Networks’ Q4 2025 earnings at $0.04 EPS.

A number of other brokerages have also recently issued reports on CRNT. Needham & Company LLC reiterated a “buy” rating and set a $3.00 price objective on shares of Ceragon Networks in a report on Wednesday. Zacks Research upgraded Ceragon Networks from a “strong sell” rating to a “hold” rating in a report on Monday, October 6th. Finally, Weiss Ratings reissued a “sell (d)” rating on shares of Ceragon Networks in a research report on Wednesday, October 8th. Four research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $5.50.

Ceragon Networks Stock Down 6.2%

NASDAQ CRNT opened at $2.12 on Friday. Ceragon Networks has a 52 week low of $1.82 and a 52 week high of $5.73. The business has a 50 day moving average price of $2.36 and a 200-day moving average price of $2.30. The company has a market cap of $188.53 million, a price-to-earnings ratio of 13.25 and a beta of 1.13.

Ceragon Networks (NASDAQ:CRNT) last issued its earnings results on Tuesday, November 11th. The communications equipment provider reported $0.02 EPS for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.02). The firm had revenue of $85.48 million during the quarter, compared to the consensus estimate of $83.48 million. Ceragon Networks had a net margin of 3.57% and a return on equity of 13.71%. Ceragon Networks has set its FY 2025 guidance at EPS.

Institutional Investors Weigh In On Ceragon Networks

A number of hedge funds have recently made changes to their positions in the business. First Eagle Investment Management LLC grew its position in Ceragon Networks by 30.9% during the second quarter. First Eagle Investment Management LLC now owns 590,860 shares of the communications equipment provider’s stock valued at $1,454,000 after buying an additional 139,528 shares during the period. Cubist Systematic Strategies LLC purchased a new position in Ceragon Networks in the first quarter valued at about $983,000. State of Wyoming bought a new position in shares of Ceragon Networks during the 1st quarter valued at approximately $58,000. First Wilshire Securities Management Inc. increased its stake in shares of Ceragon Networks by 11.4% during the 1st quarter. First Wilshire Securities Management Inc. now owns 3,282,992 shares of the communications equipment provider’s stock worth $7,715,000 after purchasing an additional 336,646 shares during the last quarter. Finally, Quantbot Technologies LP purchased a new stake in shares of Ceragon Networks during the 1st quarter worth approximately $90,000. 13.31% of the stock is currently owned by 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.