Ceragon Networks Ltd. (CRNT)
NASDAQ: CRNT · Real-Time Price · USD
3.345
+0.155 (4.85%)
Nov 21, 2024, 11:34 AM EST - Market open
Ceragon Networks Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for Ceragon Networks stock have an average target of 4.88, with a low estimate of 4.50 and a high estimate of 5.25. The average target predicts an increase of 45.89% from the current stock price of 3.35.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for CRNT stock from 2 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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 2 | 2 |
| 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 | 1 | 2 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Roth MKM | Roth MKM | Strong Buy Initiates $4.5 | Strong Buy | Initiates | $4.5 | +34.53% | Oct 28, 2024 |
| Needham | Needham | Strong Buy Reiterates $5.25 | Strong Buy | Reiterates | $5.25 | +56.95% | Aug 8, 2024 |
| Needham | Needham | Strong Buy Reiterates $5.25 | Strong Buy | Reiterates | $5.25 | +56.95% | May 7, 2024 |
| Needham | Needham | Strong Buy Reiterates $5.25 | Strong Buy | Reiterates | $5.25 | +56.95% | Feb 21, 2024 |
| Needham | Needham | Strong Buy Reiterates $5.25 | Strong Buy | Reiterates | $5.25 | +56.95% | Jan 18, 2024 |
Financial Forecast
Revenue This Year
400.29M
from 347.18M
Increased by 15.30%
Revenue Next Year
425.98M
from 400.29M
Increased by 6.42%
EPS This Year
0.32
from 0.07
Increased by 356.81%
EPS Next Year
0.42
from 0.32
Increased by 30.62%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 414.4M | 440.3M | 467.8M |
| Avg | 400.3M | 426.0M | 453.4M |
| Low | 382.4M | 407.6M | 434.5M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 19.4% | 10.0% | 9.8% |
| Avg | 15.3% | 6.4% | 6.4% |
| Low | 10.1% | 1.8% | 2.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.33 | 0.44 | 0.53 |
| Avg | 0.32 | 0.42 | 0.50 |
| Low | 0.30 | 0.39 | 0.47 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 375.5% | 37.6% | 25.7% |
| Avg | 356.8% | 30.6% | 19.9% |
| Low | 334.0% | 22.6% | 13.1% |
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.