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Ceragon Networks Ltd. (CRNT)

NASDAQ: CRNT · Delayed Price · USD
3.63
+0.01 (0.28%)
After-hours:Sep 23, 2021 7:57 PM EDT
3.62
0.05 (1.40%)
At close: Sep 23, 4:00 PM
Market Cap301.85M
Revenue (ttm)281.47M
Net Income (ttm)-7.62M
Shares Out83.38M
EPS (ttm)-0.09
PE Ration/a
Forward PE28.25
Dividendn/a
Ex-Dividend Daten/a
Volume347,554
Open3.56
Previous Close3.57
Day's Range3.54 - 3.66
52-Week Range2.11 - 6.90
Beta1.74
AnalystsBuy
Price Target3.25 (-10.2%)
Est. Earnings DateNov 1, 2021

About CRNT

Ceragon Networks Ltd. provides wireless backhaul solutions that enable cellular operators and other wireless service providers to deliver voice and data services. Its wireless backhaul solutions use microwave and millimeter wave technology to transfer telecommunication traffic between base stations, small/distributed cells, and the core of the service provider's network. The company also offers wireless fronthaul solutions that use microwave technology for ultra-high speed, ultra-low latency communication for wireless 5G and 4G base stations. I...

IndustryCommunications Equipment
IPO DateAug 4, 2000
CEOIra Palti
Employees1,000
Stock ExchangeNASDAQ
Ticker SymbolCRNT
Full Company Profile

Financial Performance

In 2020, CRNT's revenue was $262.88 million, a decrease of -7.95% compared to the previous year's $285.58 million. Losses were -$17.09 million, 629.2% more than in 2019.

Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for CRNT stock is "Buy." The 12-month stock price forecast is 3.25, which is a decrease of -10.22% from the latest price.

Price Target
$3.25
(-10.22% downside)
Analyst Consensus: Buy

News

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...

3 days ago - Benzinga

Ceragon Selected to Provide Connectivity to Remote Indonesian Islands and Regions

LITTLE FALLS, N.J., Sept. 20, 2021 /PRNewswire/ -- Ceragon Networks Ltd.

4 days ago - PRNewsWire

7 Penny Stocks with Millionaire-Maker Potential

These penny stocks have multiple growth drivers powering their businesses. That will push their prices to record heights in the future.

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1 month ago - InvestorPlace

7 Penny Stocks to Buy if You Want Potential Multibaggers

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1 month ago - InvestorPlace

Ceragon Networks Reports Solid Q2 Aided By Strong Bookings; Sees Strong FY21 Revenue

Ceragon Networks Ltd (NASDAQ: CRNT) reported second-quarter FY21 revenue growth of 9.9% year-on-year to $68.6 million, beating the analyst consensus of $65.1 million. The gross margin expanded 550 bps t...

1 month ago - Benzinga

Ceragon Networks (CRNT) Reports Q2 Loss, Tops Revenue Estimates

Ceragon (CRNT) delivered earnings and revenue surprises of 50.00% and 0.51%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

Ceragon Networks Reports 2021 Second Quarter Financial Results

Q2 2021 Financial Highlights: -  Revenues of $68.6 million -  Operating Income of $0.5 million on a GAAP basis, or $0.6 million on a non-GAAP basis -  EPS of $(0.02) per diluted share on a GAAP basis, o...

1 month ago - PRNewsWire

7 Tech-Based Penny Stocks to Buy Before the Big Wave

While penny stocks should be approached with extreme caution, if at all, you may be able to have higher success with tech firms. The post 7 Tech-Based Penny Stocks to Buy Before the Big Wave appeared fi...

2 months ago - InvestorPlace

Ceragon Announces Follow-On Orders from Multiple Tier-1 Operators in India for Wireless Transport Solutions, Totaling...

LITTLE FALLS, N.J., July 15, 2021 /PRNewswire/ -- Ceragon Networks Ltd.

2 months ago - PRNewsWire

Ceragon Networks Bags Multi-Year Managed Services Contract From US Service Provider

5G wireless transport solutions provider Ceragon Networks Ltd (NASDAQ: CRNT) won a multi-year managed services agreement from a U.S. network service provider. The financial terms of the agreement remain...

2 months ago - Benzinga

A Leading US Service Provider, Selects Ceragon Networks for Multi-Year Managed Services Agreement

LITTLE FALLS, N.J., July 7, 2021 /PRNewswire/ -- Ceragon Networks Ltd.

2 months ago - PRNewsWire

Ceragon Networks Announces Date For Second Quarter 2021 Financial Results

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

2 months ago - PRNewsWire

Ceragon Ushers in a New Era of 5G Accessibility in Urban & Rural North America

Selected by three leading North American operators to deploy and improve 5G connectivity in dense urban & in rural areas LITTLE FALLS, N.J., June 30, 2021 /PRNewswire/ -- Ceragon Networks Ltd.

2 months ago - PRNewsWire

Ceragon Networks Shares Are Trading Higher On Q1 Earnings Beat, Positive FY21 Guidance; CEO Announces Transition

Ceragon Networks Ltd (NASDAQ: CRNT) reported first-quarter FY21 revenue growth of 22.2% year-on-year to $68.3 million, beating analyst consensus of $64.55 million. India contributed 26% of the revenue.

4 months ago - Benzinga

Ceragon Networks Reports 2021 First Quarter Financial Results

LITTLE FALLS, N.J., May 3, 2021 /PRNewswire/ -- Ceragon Networks Ltd.

4 months ago - PRNewsWire

Doron Arazi to Succeed Ira Palti as CEO of Ceragon Networks

LITTLE FALLS, N.J., April 12, 2021 /PRNewswire/ -- Ceragon Networks Ltd.

5 months ago - PRNewsWire

Ceragon Networks Announces Date For First Quarter 2021 Financial Results

LITTLE FALLS, N.J., April 7, 2021 /PRNewswire/ -- Ceragon Networks Ltd.

5 months ago - PRNewsWire

Ceragon Selected by TIM Brazil to Participate in TIP 5G OpenRAN Trials

LITTLE FALLS, N.J., April 5, 2021 /PRNewswire/ -- Ceragon Networks Ltd.

5 months ago - PRNewsWire

Tier 1 Pacific Rim Operator Expands its Network to Achieve Nationwide Coverage with Ceragon; Frame Agreement Valued a...

LITTLE FALLS, N.J., March 17, 2021 /PRNewswire/ -- Ceragon Networks Ltd.

6 months ago - PRNewsWire

Colombian Tier-1 Operator Chooses Ceragon for its Future 5G Network and an Enhanced 4G Network with an Agreement Valu...

LITTLE FALLS, N.J., March 9, 2021 /PRNewswire/ -- Ceragon Networks Ltd.

6 months ago - PRNewsWire

KT vs. CRNT: Which Stock Should Value Investors Buy Now?

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

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7 months ago - Zacks Investment Research

Why Ceragon Networks Stock Dropped Today

The wireless technology specialist reported fourth-quarter earnings and issued lackluster guidance for 2021.

7 months ago - The Motley Fool

Ceragon Networks Reports 2020 Fourth Quarter and Full Year Financial Results

Q4 2020 Financial Highlights: Revenues of $74.0 million Operating Income (loss) of $(1.5) million on a GAAP basis, or $0.5 million on a non-GAAP basis EPS of $(0.08) per diluted share on a GAAP basis, o...

7 months ago - PRNewsWire

Ceragon Networks (CRNT) Reports Next Week: What to Know Ahead of the Release

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.

7 months ago - Zacks Investment Research

7 Stocks Under $10 to Buy for February

We may be seeing some sector rotation, and many companies that have made big moves in recent weeks have stocks under $10. The post 7 Stocks Under $10 to Buy for February  appeared first on InvestorPlace.

7 months ago - InvestorPlace