Ceragon Networks Ltd. (CRNT)

NASDAQ: CRNT · IEX Real-Time Price · USD
2.770
-0.020 (-0.72%)
At close: Feb 20, 2024, 4:00 PM
2.740
-0.030 (-1.08%)
After-hours: Feb 20, 2024, 7:58 PM EST
-0.72%
Market Cap 233.77M
Revenue (ttm) 332.35M
Net Income (ttm) -7.60M
Shares Out 84.39M
EPS (ttm) -0.08
PE Ratio n/a
Forward PE 131.58
Dividend n/a
Ex-Dividend Date n/a
Volume 1,921,391
Open 2.780
Previous Close 2.790
Day's Range 2.590 - 2.810
52-Week Range 1.550 - 2.890
Beta 1.43
Analysts Strong Buy
Price Target 5.25 (+89.53%)
Earnings Date Feb 20, 2024

About CRNT

Ceragon Networks Ltd. provides wireless transport solutions for cellular operators and other wireless service providers. Its solutions use microwave and millimeter wave radio technology to transfer telecommunication traffic between base stations, small/distributed cells, and service provider's network. The company also uses microwave and millimeter-wave radio technologies to transfer telecommunication traffic between wireless 5G and 4G, 3G, and other cellular base stations. In addition, it provides IP-20 all-outdoor solutions, such as IP-20C, I... [Read more]

Sector Technology
IPO Date Aug 4, 2000
Employees 988
Stock Exchange NASDAQ
Ticker Symbol CRNT
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to one analyst, the rating for CRNT stock is "Strong Buy" and the 12-month stock price forecast is $5.25.

Price Target
$5.25
(89.53% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Ceragon Reports 20% Growth in the Fourth Quarter of 2023; Exceeds Full-Year 2023 Guidance

Company Guides for Double Digit Growth; Targeting to Further Penetrate Private Network Markets   ROSH HA'AIN, Israel , Feb. 20, 2024 /PRNewswire/ -- Ceragon Networks Ltd. (NASDAQ: CRNT), the global in...

13 hours ago - PRNewsWire

Ceragon Networks Set to Deliver Multiple Industry-First Innovations at MWC 2024

Visit booth #5G51 to get hands-on with the latest additions to Ceragon's breakthroughs in millimeter wave, microwave, and specialized end-to-end solutions for Private Networks. ROSH HA'AIN, Israel , F...

5 days ago - PRNewsWire

Ceragon Networks to Announce Fourth Quarter and Full-Year 2023 Financial Results and Host Investor Conference Call on February 20, 2024

ROSH HA'AIN, Israel , Feb. 5, 2024 /PRNewswire/ -- Ceragon Networks Ltd. (NASDAQ: CRNT), the global innovator and leading solutions provider of 5G wireless transport, today announced that it expects t...

15 days ago - PRNewsWire

Ceragon is the under-the-radar networking stock you should know

Ceragon Networks Ltd. NASDAQ: CRNT is a provider of high-performance wireless infrastructure solutions to cellular operators and wireless service providers.

4 weeks ago - MarketBeat

Ceragon Anticipates Reaching the High-End of 2023 Revenue Guidance, Expects Double-Digit Growth and Targets Margin Expansion in 2024

Management Expects Full-Year 2024 Revenue of $385-405 Million and Targets Operating Margins of At Least 10% at Revenue Midpoint Moves Long-Range Target for $500 Million in Annual Revenue Forward by 12...

4 weeks ago - PRNewsWire

Ceragon Signs an Agreement with a Global Integrator Valued at Approximately $150 Million to Modernize a Tier 1 Operator Network in India

Ceragon acquires new customer in India set to deploy its new, innovative ultra-compact energy-efficient radio in tens of thousands of new sites, including managed services ROSH HA'AIN, Israel , Jan. 1...

5 weeks ago - PRNewsWire

Ceragon Networks to Participate in the Needham Growth Conference

ROSH HA'AIN, Israel , Jan. 3, 2024 /PRNewswire/ -- Ceragon Networks Ltd. (NASDAQ: CRNT), the global innovator and leading solutions provider of 5G wireless transport, today announced it will attend th...

6 weeks ago - PRNewsWire

Ceragon Networks Completes Acquisition of Siklu

Expected to Increase Ceragon's Market Presence Mainly in North America with Private Networks and Small Service Providers; Expected to be Accretive (Non-GAAP) By the End of 2024 ROSH HA'AIN, Israel , D...

2 months ago - PRNewsWire

Ceragon Networks to Participate in the Needham Virtual Security, Networking, & Communications Conference

ROSH HA'AIN, Israel , Nov. 8, 2023 /PRNewswire/ -- Ceragon Networks Ltd. (NASDAQ: CRNT), the global innovator and leading solutions provider of 5G wireless transport, today announced that Doron Arazi,...

3 months ago - PRNewsWire

Ceragon Reports 11% Growth in Third Quarter of 2023, Narrows Full-Year Guidance Range, Raising Midpoint

Company Generates $3.4 Million in GAAP Net Income and $10.8 Million in Positive Free Cash Flow ROSH HA'AIN, Israel , Nov. 6, 2023 /PRNewswire/ -- Ceragon Networks Ltd. (NASDAQ: CRNT), the global innov...

3 months ago - PRNewsWire

Ceragon Networks to Acquire Siklu, Expanding Presence With Private Networks and Small Service Providers in North America

Expected to be Accretive (Non-GAAP) By the End of 2024 Expected to Increase Ceragon's Global Market Share in the mmW Market and Augment Offering with PtMP Solutions, Primarily for Fixed Wireless Acces...

4 months ago - PRNewsWire

Ceragon Networks to Announce Third Quarter 2023 Financial Results and Host Investor Conference Call on November 6, 2023

ROSH HA'AIN, Israel , Oct. 23, 2023 /PRNewswire/ -- Ceragon Networks Ltd. (NASDAQ: CRNT), the global innovator and leading solutions provider of 5G wireless transport, today announced that it expects ...

4 months ago - PRNewsWire

Ceragon Networks Reports 22% Growth in Second Quarter and Raises Full Year Guidance

Company Generates $2.1 Million in GAAP Net Income and Positive Free Cash Flow Raises Full Year Revenue Outlook to $334 - $348 Million ROSH HA'AIN, Israel , August 1, 2023 /PRNewswire/ -- Ceragon Netwo...

7 months ago - PRNewsWire

Ceragon Networks Names Ilan Rosen as Chairman of the Board

ROSH HA'AIN, Israel , July 31, 2023 /PRNewswire/ -- Ceragon Networks Ltd. (NASDAQ: CRNT), the global innovator and leading solutions provider of 5G wireless transport, today announced that on July 24,...

7 months ago - PRNewsWire

Ceragon Networks to Announce Second Quarter 2023 Financial Results and Host Investor Conference Call on August 1, 2023

ROSH HA'AIN, Israel , July 19, 2023 /PRNewswire/ -- Ceragon Networks Ltd. (NASDAQ: CRNT), the global innovator and leading solutions provider of 5G wireless transport, today announced that it will rel...

7 months ago - PRNewsWire

Ceragon Networks Mourns the Death of Longtime Chairman of the Board, Zohar Zisapel

ROSH HA'AYIN, Israel , May 22, 2023 /PRNewswire/ -- Ceragon Networks Ltd. (NASDAQ: CRNT), the global innovator and leading solutions provider of 5G wireless transport, today announced that Zohar Zisap...

9 months ago - PRNewsWire

Ceragon Signs Multi-Year, Multi-Million Dollar Contract with City of Cincinnati for City-Wide Public Safety Network Upgrade

The modernized, multi-technology network and turn-key services is expected to provide the city with reliable, next-generation connectivity for first responders across Cincinnati ROSH HA'AYIN, Israel ,...

10 months ago - PRNewsWire

CERAGON NETWORKS REPORTS 2023 FIRST QUARTER FINANCIAL RESULTS

Company Delivers $83.4 Million in Revenue and Improved GAAP and Non-GAAP Net Income as Market Demand Continues to be Strong ROSH HA'AIN, Israel , May 1, 2023 /PRNewswire/ -- Ceragon Networks Ltd. (NAS...

10 months ago - PRNewsWire

CERAGON NETWORKS ANNOUNCES DATE FOR FIRST QUARTER 2023 FINANCIAL RESULTS

ROSH HA'AIN, Israel , April 20, 2023 /PRNewswire/ -- Ceragon Networks Ltd. (NASDAQ: CRNT), the global innovator and leading solutions provider of 5G wireless transport, today announced that it will re...

10 months ago - PRNewsWire

Ceragon Receives Follow-On Orders of $29 Million from Tier-1 Operators in India for Deployment in 2023

Tier-1 operators in India chose Ceragon as their primary vendor for 5G network modernization ROSH HA'AIN, Israel , March 28, 2023 /PRNewswire/ -- Ceragon Networks Ltd. (NASDAQ: CRNT), the global innov...

11 months ago - PRNewsWire

Ceragon Launches AI-Based Intelligence and Management Software Suite for Multi-Vendor Wireless Transport Networks

Ceragon Insight to be showcased at MWC 2023, enables mobile operators, communication service providers, and private networks to optimize their network expansion, operation, and performance.   ROSH HA'...

1 year ago - PRNewsWire

CERAGON NETWORKS REPORTS 2022 FOURTH QUARTER AND FULL YEAR FINANCIAL RESULTS

Q 4   2022 Financial Highlights: Revenues of $75.5 million Operating income of $1.7 million on a GAAP basis, or $3.2 million on a non-GAAP basis EPS of $(0.03) per diluted share on a GAAP basis, or $(...

1 year ago - PRNewsWire

CERAGON NETWORKS ANNOUNCES DATE FOR FOURTH QUARTER AND FULL YEAR 2022 FINANCIAL RESULTS

ROSH HA'AIN, Israel, Jan. 26, 2023 /PRNewswire/ -- Ceragon Networks Ltd. (NASDAQ: CRNT), the global innovator and leading solutions provider of 5G wireless transport, today announced that it will rele...

1 year ago - PRNewsWire

CERAGON NETWORKS REPORTS 2022 THIRD QUARTER FINANCIAL RESULTS

Q3 2022 Financial Highlights: Revenues of $78.6 million Gross margin of 35.3% on a GAAP basis, or 35.5% on a non-GAAP basis Operating Income of $ 1.3 million on a GAAP basis, or $ 6 . 4 million on a n...

1 year ago - PRNewsWire

CERAGON NETWORKS ANNOUNCES DATE FOR THIRD QUARTER 2022 FINANCIAL RESULTS

ROSH HA'AIN, Israel , Oct. 24, 2022 /PRNewswire/ -- Ceragon Networks Ltd. (NASDAQ: CRNT), the global innovator and leading solutions provider of 5G wireless transport, today announced that it will rel...

1 year ago - PRNewsWire