Ceragon NetworksCRNT
About: Ceragon Networks Ltd is a wireless transport company in terms of unit shipments and global distribution of its business, providing high-capacity wireless connectivity solutions to global markets across various industries, mainly wireless (mobile) networks service providers. Geographically the company generates the major revenue from India. The company also has presence in North America, Europe, Africa, Asia-Pacific and Middle East, and Latin America. The company's products include IP-50 Platform, IP-20 Platform, Pointlink.
Employees: 1,046
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
186% more call options, than puts
Call options by funds: $209K | Put options by funds: $73K
60% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 10
47% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 17
23% more capital invested
Capital invested by funds: $31.9M [Q2] → $39.2M (+$7.25M) [Q3]
7% more funds holding
Funds holding: 71 [Q2] → 76 (+5) [Q3]
1.79% more ownership
Funds ownership: 14.93% [Q2] → 16.72% (+1.79%) [Q3]
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
3 analyst ratings
Needham Ryan Koontz 77% 1-year accuracy 74 / 96 met price target | 22%upside $6 | Buy Reiterated | 16 Jan 2025 |
Litchfield Hills Theodore O'Neill 50% 1-year accuracy 3 / 6 met price target | 103%upside $10 | Buy Initiated | 3 Dec 2024 |
Roth MKM Scott Searle 56% 1-year accuracy 18 / 32 met price target | 9%downside $4.50 | Buy Initiated | 28 Oct 2024 |
Financial journalist opinion
Based on 5 articles about CRNT published over the past 30 days