Ceragon Networks Ltd. (CRNT)

NASDAQ: CRNT · IEX Real-Time Price · USD
2.730
0.00 (0.00%)
At close: Jul 26, 2024, 4:00 PM
2.600
-0.130 (-4.76%)
After-hours: Jul 26, 2024, 7:14 PM EDT
0.00%
Market Cap 233.80M
Revenue (ttm) 352.27M
Net Income (ttm) 4.66M
Shares Out 85.64M
EPS (ttm) 0.05
PE Ratio 54.60
Forward PE 131.58
Dividend n/a
Ex-Dividend Date n/a
Volume 199,619
Open 2.740
Previous Close 2.730
Day's Range 2.675 - 2.745
52-Week Range 1.560 - 3.380
Beta 1.40
Analysts Strong Buy
Price Target 5.25 (+92.31%)
Earnings Date Aug 7, 2024

About CRNT

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. It also provides IP-20 all-outdoor solutions, such as IP-20C, IP-20C-HP, IP-20S, IP-20E, and IP-20V; IP-2... [Read more]

Sector Technology
IPO Date Aug 4, 2000
Employees 1,046
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
(92.31% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Ceragon to Announce Second Quarter 2024 Financial Results and Host Investor Conference Call on August 7, 2024

ROSH HA'AIN, Israel , July 24, 2024 /PRNewswire/ -- Ceragon (NASDAQ: CRNT), the global innovator and leading solutions provider of 5G wireless transport, today announced that it will release its earni...

2 days ago - PRNewsWire

Ceragon's New Smart Activation Key Software Gains Significant Adoption, Enabling SaaS Models and Recurring Revenue Streams

Tens of Thousands of Smart Activation Key Licenses Ordered in H1 as Part of Ceragon Equipment Purchases ROSH HA'AIN, Israel , July 23, 2024 /PRNewswire/ -- Ceragon (NASDAQ: CRNT), the leading solution...

3 days ago - PRNewsWire

Leading American ISP Orders Siklu by Ceragon E-Band Product in Multi-Million Dollar Deal to Expand Network Coverage

Ceragon to deliver almost one thousand new E-Band links to leading ISP in 2024 ROSH HA'AIN, Israel , July 9, 2024 /PRNewswire/ -- Ceragon Networks Ltd. (NASDAQ: CRNT), the leading solutions provider o...

17 days ago - PRNewsWire

Ceragon Names Robert Wadsworth to its Board of Directors

ROSH HA'AIN, Israel , May 30, 2024 /PRNewswire/ -- Ceragon Networks Ltd. (NASDAQ: CRNT), the global innovator and leading solutions provider of end-to-end wireless connectivity solutions, today announ...

2 months ago - PRNewsWire

CERAGON NETWORKS REPORTS 2024 FIRST QUARTER FINANCIAL RESULTS

Strong Demand and Bookings Bolster, Confidence of Continued Growth and Margin Expansion Management Reiterates Full-Year 2024 Outlook  ROSH HA'AIN, Israel , May 7, 2024 /PRNewswire/ -- Ceragon Networks...

2 months ago - PRNewsWire

Ceragon Records Nearly $10 Million Quarter Booking for Energy Sector

Ceragon continues to bring innovative wireless connectivity solutions to Private Networks for new and existing customers across the Energy Vertical ROSH HA'AIN, Israel , May 2, 2024 /PRNewswire/ -- Ce...

3 months ago - PRNewsWire

Ceragon Networks to Announce First Quarter 2024 Financial Results and Host Investor Conference Call on May 7, 2024

ROSH HA'AIN, Israel , April 24, 2024 /PRNewswire/ --Ceragon Networks Ltd. (NASDAQ: CRNT), the global innovator and leading solutions provider of 5G wireless transport, today announced that it will rel...

3 months ago - PRNewsWire

Ceragon Networks to Participate in the 36th Annual Roth Conference

ROSH HA'AIN, Israel , Feb. 26, 2024 /PRNewswire/ -- Ceragon Networks Ltd. (NASDAQ: CRNT), the global innovator and leading solutions provider of 5G wireless transport, today announced that it's CEO, D...

5 months ago - PRNewsWire

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...

5 months 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 months 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...

6 months ago - PRNewsWire

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...

6 months 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...

7 months 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...

7 months 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...

8 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,...

9 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...

9 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...

9 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 ...

9 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...

1 year 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,...

1 year 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...

1 year 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...

1 year 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 ,...

1 year 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...

1 year ago - PRNewsWire