Ceragon NetworksCRNT
CRNT
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
0
Funds holding %
of 6,831 funds
–
Analysts bullish %
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
2 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$6
30%
upside
Avg. target
$8
74%
upside
High target
$10
117%
upside
2 analyst ratings
2 positive
100%
0 neutral
0%
0 negative
0%
Needham Ryan Koontz 68% 1-year accuracy 67 / 99 met price target | 30%upside $6 | Buy Reiterated | 16 Jan 2025 |
Litchfield Hills Theodore O'Neill 60% 1-year accuracy 3 / 5 met price target | 117%upside $10 | Buy Initiated | 3 Dec 2024 |
Financial journalist opinion
Based on 7 articles about CRNT published over the past 30 days
Positive
Seeking Alpha
1 day ago
Ceragon Networks' Comeback: Stronger Margins, Higher Growth
Ceragon has transitioned from a wireless backhaul provider to a broader wireless transport solutions company, driving a 9.5% CAGR in revenue from 2020 to 2024. Ceragon's profitability improved post-2022 due to higher gross profit margins, supply chain cost improvements, and a higher proportion of revenue from North America. Despite cyclical telco CAPEX spending and competition, Ceragon's diversification into private networks and margin expansion position it for sustained growth, with a 30% margin of safety.
Neutral
PRNewsWire
3 days ago
Ceragon Networks to Announce Fourth Quarter and Full Year 2024 Financial Results and Host Investor Conference Call on February 11, 2025
ROSH HA'AIN, Israel , Jan. 30, 2025 /PRNewswire/ -- Ceragon (NASDAQ: CRNT), a leading solutions provider of end-to-end wireless connectivity, today announced that it will release its earnings results for the fourth quarter and full year period ended December 31, 2024 on Tuesday, February 11, 2025, before the market opens. The Company will host a Zoom conference call on the same day at 8:30 a.m.
Negative
Zacks Investment Research
1 week ago
CRNT Stock Up 71% in 3 Months: Buy Now or Wait for a Pullback?
Ceragon is witnessing growth in North America and India. Stiff competition from Chinese players in several regions and soft macro environment are concerns.
Positive
Zacks Investment Research
2 weeks ago
Can Ceragon Stock Benefit From End 2 End Technologies' Buyout?
CRNT enters into a definitive agreement to acquire End 2 End Technologies, expanding its offering across North America.
Neutral
PRNewsWire
2 weeks ago
Ceragon to Acquire End 2 End Technologies, Expanding its Offering to Private Networks in North America
Expected to be Accretive to Non-GAAP Earnings Basis, by the Second Half of 2025 Expected to Accelerate Ceragon's Private Networks Business, Particularly in the Energy and Utilities Markets ROSH HA'AIN, Israel , Jan. 14, 2025 /PRNewswire/ -- Ceragon (NASDAQ: CRNT), a leading solutions provider of end-to-end wireless connectivity, today announced that it has entered into a definitive agreement to acquire End 2 End Technologies, LLC a US systems integration and software development company that serves Private Networks, primarily in the Energy and Utilities markets. The consideration amounts to approximately $8.5 million, and up to an additional $4.3 million subject to achieving certain financial goals primarily in 2025 and paid mostly in 2026.
Neutral
PRNewsWire
3 weeks ago
Ceragon to Participate at the Needham Growth Conference
ROSH HA'AIN, Israel , Jan. 8, 2025 /PRNewswire/ -- Ceragon (NASDAQ: CRNT), a leading solutions provider of end-to-end wireless connectivity, today announced that management will participate at the 27th Annual Needham Growth Conference in New York City. Doron Arazi, CEO, and Ronen Stein, CFO will host a presentation on Wednesday, January 15 at 8:45am ET.
Positive
Zacks Investment Research
3 weeks ago
Ceragon (CRNT) Moves 15.9% Higher: Will This Strength Last?
Ceragon (CRNT) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
Positive
Zacks Investment Research
1 month ago
Fast-paced Momentum Stock Ceragon (CRNT) Is Still Trading at a Bargain
Ceragon (CRNT) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.
Positive
Zacks Investment Research
1 month ago
Ceragon Networks (CRNT) Is Up 11.40% in One Week: What You Should Know
Does Ceragon Networks (CRNT) have what it takes to be a top stock pick for momentum investors? Let's find out.
Positive
Zacks Investment Research
1 month ago
3 Wireless Non-US Stocks to Watch Amid Short-Term Industry Headwinds
The fast-track 5G rollout and solid wireless traction should help the Zacks Wireless Non-US industry thrive despite short-term headwinds. VOD, KT and CRNT are well-positioned to make the most of the demand for seamless connectivity solutions.
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