Ceragon Networks Ltd. (CRNT)

NASDAQ: CRNT · IEX Real-Time Price · USD
2.21
+0.09 (4.25%)
At close: Jun 24, 2022 4:00 PM
2.18
-0.03 (-1.36%)
After-hours: Jun 24, 2022 5:08 PM EDT
4.25%
Market Cap 185.64M
Revenue (ttm) 292.82M
Net Income (ttm) -15.94M
Shares Out 84.00M
EPS (ttm) -0.20
PE Ratio n/a
Forward PE 131.58
Dividend n/a
Ex-Dividend Date n/a
Volume 1,703,035
Open 2.13
Previous Close 2.12
Day's Range 2.13 - 2.27
52-Week Range 1.53 - 4.33
Beta 1.71
Analysts Buy
Price Target 5.18 (+134.4%)
Earnings Date Aug 1, 2022

About CRNT

Ceragon Networks Ltd. provides wireless backhaul and fronthaul solutions that enable 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 the core of the service provider's network. The company also uses microwave technology for ultra-high speed, ultra-low latency communication for wireless 5G and 4G, 3G, and other cellular base stations. In addition, it provides IP-20 all-outdoor solutio... [Read more...]

Industry Communications Equipment
IPO Date Aug 4, 2000
CEO Ira Palti
Employees 1,006
Stock Exchange NASDAQ
Ticker Symbol CRNT
Full Company Profile

Financial Performance

In 2021, CRNT's revenue was $290.77 million, an increase of 10.61% compared to the previous year's $262.88 million. Losses were -$14.83 million, -13.25% less than in 2020.

Financial Statements

Analyst Forecast

According to 9 analysts, the average rating for CRNT stock is "Buy." The 12-month stock price forecast is 5.18, which is an increase of 134.39% from the latest price.

Price Target
$5.18
(134.39% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Ceragon Networks (CRNT) Reports Q1 Loss, Lags Revenue Estimates

Ceragon (CRNT) delivered earnings and revenue surprises of 33.33% and 3.79%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

CERAGON NETWORKS REPORTS FIRST QUARTER 2022 FINANCIAL RESULTS

RICHARDSON, Texas, May 2, 2022 /PRNewswire/ -- Q1 2022 Financial Highlights: Revenues of $70.3 million Operating loss of $(1.3) million on a GAAP basis, or $(0.6) million on a non-GAAP basis EPS of $(0....

DISH Wireless Selects Ceragon for 5G Transport

Ceragon to provide microwave and millimeter wave transport solutions for rapid deployment of DISH's nationwide 5G Smart Network™ RICHARDSON, Texas , May 2, 2022 /PRNewswire/ -- Ceragon Networks Ltd. (NA...

Other symbols: DISH

VOD vs. CRNT: Which Stock Is the Better Value Option?

VOD vs. CRNT: Which Stock Is the Better Value Option?

Other symbols: VOD

CERAGON NETWORKS ANNOUNCES DATE FOR FIRST QUARTER 2022 FINANCIAL RESULTS

RICHARDSON, Texas, April 20, 2022 /PRNewswire/ -- Ceragon Networks Ltd. (NASDAQ: CRNT), the global innovator and leading solutions provider of 5G wireless transport, today announced that it will release...

New Strong Sell Stocks for March 31st

BLFS, CRNT, and AMBA have been added to the Zacks Rank #5 (Strong Sell) List on March 31, 2022.

Other symbols: AMBABLFS

Ceragon Networks Announces CFO Departure

RICHARDSON, Texas, March 31, 2022 /PRNewswire/ -- Ceragon Networks Ltd. (NASDAQ: CRNT), the global innovator and leading solutions provider of 5G wireless transport, today announced that after three yea...

Tier 1 Operator in India Places Initial $15 Million Orders for Nationwide 4G Expansion with Ceragon

RICHARDSON, Texas, Feb. 24, 2022 /PRNewswire/ -- Ceragon Networks Ltd. (NASDAQ: CRNT), the global innovator and leading solutions provider of 5G wireless transport, announced today that a Tier 1 Operato...

Ceragon Awarded Multi-Million Dollar Contract to Deliver Connectivity as a Service to Offshore Field for a Major Glob...

LITTLE FALLS, N.J., Feb. 16, 2022 /PRNewswire/ -- Ceragon Networks Ltd.

Ceragon Networks (CRNT) Reports Q4 Loss, Tops Revenue Estimates

Ceragon (CRNT) delivered earnings and revenue surprises of 0% and 0.65%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

CERAGON NETWORKS REPORTS 2021 FOURTH QUARTER AND FULL YEAR FINANCIAL RESULTS

LITTLE FALLS, N.J., Feb. 7, 2022 /PRNewswire/ -- Q 4   2021 Financial Highlights: Revenues of $77.8 million Operating income of $1.0 million on a GAAP basis, or $1.5 million on a non-GAAP basis EPS of $...

Ceragon Launches the Market's First Radio-Aware Disaggregated Cell Site Gateway - IP-50FX

LITTLE FALLS, N.J., Feb. 7, 2022 /PRNewswire/ -- Ceragon Networks Ltd.

Will Ceragon Networks (CRNT) Report Negative Earnings Next Week? What You Should Know

Ceragon (CRNT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Tier 1 Nigerian Operator, Globacom, Signs Network Expansion Deal with Ceragon

LITTLE FALLS, NJ, Jan. 31, 2022 /PRNewswire/ -- Ceragon Networks Ltd. (NASDAQ-GS: CRNT), the global innovator and leading solutions provider of 5G wireless transport, announced today that it has signed ...

CERAGON NETWORKS ANNOUNCES DATE FOR FOURTH QUARTER AND FULL YEAR 2021 FINANCIAL RESULTS

RICHARDSON, TX, Jan. 21, 2022 /PRNewswire/ -- Ceragon Networks Ltd. (NASDAQ: CRNT), the global innovator and leading solutions provider of 5G wireless transport, today announced that it will release its...

Ceragon (CRNT) to Unveil IP-50FX Solution With IP Infusion Tie-Up

Ceragon (CRNT) partners IP Infusion to unveil the industry's first radio-aware disaggregated cell site router, IP-50FX, to eliminate vendor lock-in and save costs.

Ceragon Networks and IP Infusion Partner to Deliver Industry's First Radio-Aware Disaggregated Cell Site Router

RICHARDSON, Texas, and SANTA CLARA, Calif., Dec. 7, 2021 /PRNewswire/ -- Ceragon Networks Ltd.

Ceragon to Renew & Maintain the Wireless Transport Network Infrastructure for RAI WAY, Italy's National TV and Radio ...

LITTLE FALLS, N.J., Nov. 8, 2021 /PRNewswire/ -- Ceragon Networks Ltd.

Why Ceragon Networks Stock Fell 11.4% This Morning

The backhaul networking expert's third-quarter results were robust, but investors are shying away from management's modest fourth-quarter guidance.

Ceragon Networks Stock Slides After Q3 Results; Eyes 'High-End' Of FY21 Revenue Outlook

Ceragon Networks Ltd (NASDAQ: CRNT) reported third-quarter FY21 revenue growth of 7.8% year-on-year to $76.1 million, beating the consensus of $73.3 million. Operating income was $2.9 million versus $3....

Ceragon Networks (CRNT) Q3 Earnings and Revenues Beat Estimates

Ceragon (CRNT) delivered earnings and revenue surprises of 300.00% and 4.64%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

Ceragon Networks Reports 2021 Third Quarter Financial Results

Q3 2021 Financial Highlights: Revenues of $76.1 million Operating income of $2.9 million on a GAAP basis, or $4.0 million on a non-GAAP basis EPS of $0.00 per diluted share on a GAAP basis, or $0.02 per...

Analysts Estimate Ceragon Networks (CRNT) to Report a Decline in Earnings: What to Look Out for

Ceragon (CRNT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Ceragon Networks Announces Date for Third Quarter 2021 Financial Results

LITTLE FALLS, N.J., Oct. 6, 2021 /PRNewswire/ -- Ceragon Networks Ltd.

Ceragon Networks Scoops Multi-Million Dollar Contract In Indonesia

Ceragon Networks Ltd (NASDAQ: CRNT) won a multi-million-dollar contract to design and supply a microwave network in Indonesia. The contract falls under a government project to provide Internet and telec...