Ceragon Networks Ltd. (CRNT)
NASDAQ: CRNT · IEX Real-Time Price · USD
2.580
-0.050 (-1.90%)
At close: Jul 19, 2024, 4:30 PM
2.510
-0.070 (-2.71%)
Pre-market: Jul 22, 2024, 5:31 AM EDT
Ceragon Networks Stock Forecast
Stock Price Forecast
The 1 analyst with a 12-month price forecast for Ceragon Networks stock has a target of 5.25, which predicts an increase of 103.49% from the current stock price of 2.58.
Analyst Consensus: Strong Buy
* Price targets were last updated on May 7, 2024.
Analyst Ratings
According to 1 stock analyst, the rating for CRNT is "Strong Buy". This means that the analyst believes this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| 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 | 1 | 1 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Needham | Needham | Strong Buy Reiterates $5.25 | Strong Buy | Reiterates | $5.25 | +103.49% | May 7, 2024 |
| Needham | Needham | Strong Buy Reiterates $5.25 | Strong Buy | Reiterates | $5.25 | +103.49% | Feb 21, 2024 |
| Needham | Needham | Strong Buy Reiterates $5.25 | Strong Buy | Reiterates | $5.25 | +103.49% | Jan 18, 2024 |
| Needham | Needham | Strong Buy Reiterates $5.25 | Strong Buy | Reiterates | $5.25 | +103.49% | Dec 28, 2023 |
| Needham | Needham | Strong Buy Reiterates $5.25 | Strong Buy | Reiterates | $5.25 | +103.49% | Aug 2, 2023 |
Financial Forecast
Revenue This Year
402.61M
from 347.18M
Increased by 15.97%
Revenue Next Year
427.77M
from 402.61M
Increased by 6.25%
EPS This Year
0.32
from 0.07
Increased by 351.71%
EPS Next Year
0.42
from 0.32
Increased by 32.26%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 414.5M | 440.4M | 467.9M |
| Avg | 402.6M | 427.8M | 454.5M |
| Low | 386.8M | 411.0M | 436.7M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 19.4% | 9.4% | 9.4% |
| Avg | 16.0% | 6.2% | 6.2% |
| Low | 11.4% | 2.1% | 2.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.33 | 0.43 | 0.48 |
| Avg | 0.32 | 0.42 | 0.47 |
| Low | 0.30 | 0.40 | 0.45 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 365.0% | 36.1% | 15.2% |
| Avg | 351.7% | 32.3% | 12.0% |
| Low | 334.0% | 27.1% | 7.6% |
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.