Ceragon Networks Ltd. (CRNT)
NASDAQ: CRNT · Real-Time Price · USD
4.390
+0.090 (2.09%)
At close: Dec 20, 2024, 4:00 PM
4.450
+0.060 (1.37%)
After-hours: Dec 20, 2024, 7:20 PM EST
Ceragon Networks Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for Ceragon Networks stock have an average target of 6.44, with a low estimate of 4.50 and a high estimate of 10. The average target predicts an increase of 46.70% from the current stock price of 4.39.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for CRNT stock from 4 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 2 | 2 | 4 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 1 | 1 | 1 | 2 | 2 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Needham | Needham | Strong Buy Reiterates $4.5 → $6 | Strong Buy | Reiterates | $4.5 → $6 | +36.67% | Dec 4, 2024 |
| Litchfield Hills | Litchfield Hills | Strong Buy Initiates $10 | Strong Buy | Initiates | $10 | +127.79% | Dec 3, 2024 |
| Roth MKM | Roth MKM | Strong Buy Initiates $4.5 | Strong Buy | Initiates | $4.5 | +2.51% | Oct 28, 2024 |
| Needham | Needham | Strong Buy Reiterates $5.25 | Strong Buy | Reiterates | $5.25 | +19.59% | Aug 8, 2024 |
| Needham | Needham | Strong Buy Reiterates $5.25 | Strong Buy | Reiterates | $5.25 | +19.59% | May 7, 2024 |
Financial Forecast
Revenue This Year
400.28M
from 347.18M
Increased by 15.29%
Revenue Next Year
423.42M
from 400.28M
Increased by 5.78%
EPS This Year
0.41
from 0.07
Increased by 485.77%
EPS Next Year
0.40
from 0.41
Decreased by -2.82%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 414.5M | 440.4M | 468.0M |
| Avg | 400.3M | 423.4M | 453.4M |
| Low | 382.2M | 401.8M | 434.5M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 19.4% | 10.0% | 10.5% |
| Avg | 15.3% | 5.8% | 7.1% |
| Low | 10.1% | 0.4% | 2.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.45 | 0.42 | 0.53 |
| Avg | 0.41 | 0.40 | 0.45 |
| Low | 0.37 | 0.37 | 0.34 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 545.0% | 2.4% | 31.7% |
| Avg | 485.8% | -2.8% | 13.9% |
| Low | 423.6% | -8.7% | -13.9% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.