Ceragon Networks Ltd. CRNT

2.11 (0.02) (0.94%) as of 25 Sep
Market cap
$193.6M
P/E
0.0×

Insider Decisions

Total sells 0.03
in millions of $
Nov 25 Feb 26 May 26 Aug 26
Buy — — — — — — — — — — — —
Sell — — — — — — — 1 1 — — —
Insider Ownership 11.62%

Capital & Financial Ratios

Market Cap 193.60
Revenue 346.73
Net Income (3.28)
Free Cash Flow 18.00
Net Debt (22.77)
Current Ratio 1.85
Debt/Equity 0.07
P/E ratio 0.00
P/S ratio 0.55
P/B ratio 1.12
Past 5Y EPS Growth (24.32%)
This Y EPS Growth 15.56%
Next Y EPS Growth 71.15%
Next 5Y EPS Growth 34.71%
in millions of $

Dividends

Payout Ratio 0.00
Annual Dividend Rate —
Annual Dividend Yield —
total individual payouts
2023 Powerpack
2022 Powerpack
2021 Powerpack
2020 Powerpack
2019 Powerpack
2017 Powerpack
predictions in italic, special payouts not included in total or ratios

Assets vs Liabilities

2023 2024 2025 Q'26
Cash 28 35 38 35
Receivables 121 166 125 126
Inventory 69 60 62 59
Other — — — —
218 261 225 220
2023 2024 2025 Q'26
Payables 67 91 71 74
ST’ Debt 33 25 19 12
Other — — — —
133 151 120 119
in millions of $

Compound Annual Growth

10y 5y 3y
Sales (0.31%) 5.20% 4.69%
Cash Flow 6.95% 12.85% 0.00%
Earnings 0.00% 0.00% 0.00%
Book Value 5.33% 3.40% 12.98%

Revenue

Mar Jun Sep Dec Year
’26 85 94 — — —
’25 89 82 85 82 339
’24 88 96 103 107 394
’23 83 86 87 90 347
’22 70 71 79 76 295
’21 68 69 76 78 291
’20 56 62 71 74 263
in millions of $ · fiscal quarters ending in the months shown

Operating Cash Flow

Mar Jun Sep Dec Year
’26 7 5 — — —
’25 3 11 7 11 32
’24 7 5 14 1 26
’23 4 3 13 11 31
’22 (2) (3) 9 (9) (5)
’21 (2) (3) (1) (10) (15)
’20 3 7 (3) 11 17
in millions of $ · fiscal quarters ending in the months shown

Free Cash Flow

Mar Jun Sep Dec Year
’26 4 2 — — —
’25 (1) 5 1 7 14
’24 3 0 11 (3) 10
’23 (1) 0 11 8 18
’22 (5) (6) 4 (11) (17)
’21 (4) (5) (3) (13) (24)
’20 2 4 (4) 9 11
in millions of $ · fiscal quarters ending in the months shown

EPS

Mar Jun Sep Dec Year
’26 (0.01) (0.02) — — —
’25 (0.01) (0.01) 0.00 0.00 (0.02)
’24 0.00 0.09 0.14 0.04 0.27
’23 0.02 0.02 0.04 (0.01) 0.07
’22 (0.03) (0.02) (0.01) (0.18) (0.23)
’21 (0.01) (0.02) 0.00 (0.15) (0.18)
’20 (0.09) (0.07) 0.02 (0.08) (0.21)
fiscal quarters ending in the months shown

Target Price Range

Analyst price targets

Recommendation Rating

1
1Buy 2 3Hold 4 5Sell
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
0.89 1.64 1.95 1.67 0.99 2.44 1.53 1.55 2.07 1.82

Analyst estimates 2026–2028

Powerpack
Low Price
2.94 4.23 4.95 5.04 3.24 6.90 2.87 2.38 5.00 5.73
High Price
903 905 1,115 1,199 1,168 1,345 1,408 1,407 1,056 1,741
Employees
0 0 0 0 0 0 0 0 0 0
Revenue/Emp
294 332 344 286 263 291 295 347 394 339
Revenue
33.77% 32.33% 33.78% 33.91% 28.78% 30.39% 31.53% 34.53% 34.72% 33.82%
Gross Margin
13 17 20 1 (13) (4) (17) 13 27 1
EBT
4.49% 5.20% 5.76% 0.27% (5.13%) (1.31%) (5.84%) 3.67% 6.91% 0.21%
EBT Margin
11 16 23 (2) (17) (15) (20) 6 24 (2)
Net Income
10 9 8 10 13 12 11 10 12 14
Depreciation
3.78 4.26 4.38 3.56 3.24 3.49 3.51 4.10 4.57 3.77
Revenue/Sh
0.15 0.20 0.29 (0.03) (0.21) (0.18) (0.23) 0.07 0.28 (0.02)
Earnings/Sh
0.33 0.22 0.29 (0.16) 0.21 (0.18) (0.06) 0.37 0.30 0.35
Cash Flow/Sh
(0.11) (0.13) (0.17) (0.19) (0.08) (0.11) (0.15) (0.15) (0.19) (0.19)
Capex/Sh
0.23 0.09 0.11 (0.35) 0.13 (0.29) (0.21) 0.21 0.11 0.16
Free CF/Sh
1.50 1.72 2.03 2.00 1.80 1.64 1.42 1.58 1.93 1.92
Book Value/Sh
78 78 79 80 81 83 84 85 86 90
Shares
20.34 10.77 12.60 0.00 0.00 0.00 0.00 32.12 17.00 0.00
PE Ratio
0.78 0.48 0.86 0.59 0.86 0.74 0.56 0.51 1.02 0.56
PS Ratio
1.97 1.18 1.86 1.05 1.54 1.57 1.39 1.33 2.42 1.09
PB Ratio
0.72 0.48 0.83 0.57 0.79 0.74 0.62 0.53 1.00 0.51
EV/Sales
12.06 18.35 32.67 (5.80) 19.20 (8.76) (10.58) 10.28 40.53 14.42
EV/FCF
26 17 22 (13) 17 (15) (5) 31 26 32
Op' Cash Flow
(8) (10) (14) (15) (6) (9) (12) (13) (16) (17)
Capex
18 7 9 (28) 11 (24) (17) 18 10 14
FCF
96 105 115 111 99 88 78 85 110 105
Working Cap'
17 — — 15 6 15 38 33 25 19
Total Debt
(19) (26) (36) (9) (21) (2) 15 4 (10) (19)
Net Debt
116 134 160 160 146 137 120 134 166 173
Sh' Equity
4.47% 6.25% 8.59% (0.82%) (6.08%) (5.25%) (6.77%) 2.12% 7.48% (0.63%)
ROA
12.58% 13.39% 13.23% 3.02% (3.79%) 2.23% (5.09%) 9.58% 15.49% 2.95%
ROIC
10.44% 12.44% 15.71% (1.47%) (11.15%) (10.47%) (15.33%) 4.90% 16.02% (1.23%)
ROE
predictions in italic, sparklines do not include predictions

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Ceragon Networks Ltd. peers in Communication Equipment

Company Market cap P/E Compare
AUDC AudioCodes Ltd. $252.3M 41.0× Compare
AVNW Aviat Networks, Inc. $256.5M 106× Compare
BKTI BK TECHNOLOGIES, INC. $282.2M 20.7× Compare
OCC Optical Cable Corporation $126.3M 50.1× Compare
Company Market cap P/E Compare
SILC Silicom Ltd $309.4M 0.0× Compare
LTRX Lantronix, Inc. $309.4M 0.0× Compare
AMPG AmpliTech Group, Inc. $109.2M 0.0× Compare
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Ceragon Networks Ltd. (CRNT) key facts

  • Ceragon Networks Ltd. (CRNT) is a Communication Equipment company in the Technology sector, listed on Nasdaq.
  • Ceragon Networks Ltd.’s revenue for fiscal 2025 (year ended December 2025) was $338.7 million, down 14.1% from fiscal 2024.
  • Ceragon Networks Ltd. reported a net loss of $2.1 million, or a loss of $0.02 per share, for fiscal 2025.
  • As of September 25, 2026, CRNT traded at $2.11, a market capitalization of $193.6 million.
  • Trailing earnings are negative, so a P/E ratio is not meaningful; the stock trades at 0.6× sales.
  • Return on equity was −1.23% and debt-to-equity 0.07.

Source: company filings (standardised) and stockrow calculations.

Ceragon Networks Ltd. (CRNT) Latest News

News by impact score

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19 Aug

3 transcript

Ceragon (CRNT) Q2 2026 earnings call transcript covers quarterly results, financial performance, and future outlook. Quarterly earnings details and guidance can moderately shift financial expectations and market sentiment.

11 Aug

4 transcript

Ceragon Networks reports record bookings and strategic progress during its Q2 2026 earnings call. Record bookings point to strong demand that can drive revenue growth and improve competitive standing.

3

Ceragon Networks Ltd. reported Q2 2026 earnings results during its earnings call, covering financial performance, operational updates, and forward-looking guidance for the company. Quarterly earnings results and guidance directly inform financial performance expectations and near-term market sentiment for the stock.

3 transcript

Ceragon Networks Ltd. (CRNT) Q2 earnings call highlighted financial results, operational updates and forward guidance. Quarterly earnings and guidance directly inform near-term financial trajectory and investor positioning.

3

Ceragon Networks Ltd. (CRNT) reported its second quarter 2026 financial results. Quarterly earnings releases deliver performance metrics that shape near-term investor views and stock movement.

28 Jul

4

Ceragon Networks Ltd. (CRNT) has secured approximately $120 million in orders from operators in India year-to-date. Large order volume from India substantially strengthens revenue outlook and market position.

23 Jul

3

Ceragon Networks booked over $10 million in Q2 private network contracts, underscoring ongoing momentum with selected customers. Over $10 million in Q2 bookings supports revenue visibility and private network growth without altering overall trajectory.

21 Jul

4

Ceragon Networks secured a $70 million APAC mobile network contract, triggering a jump in its shares. $70 million contract win delivers major revenue and market expansion for Ceragon.

4

Ceragon Networks secures an additional five-year, $70 million agreement with a Tier-1 APAC mobile operator. A $70 million multi-year contract with a major operator strengthens revenue visibility and market position.

15 Jul

3

Ceragon Networks Ltd. secured a $3.4 million two-year managed services contract with a major mobile operator in Mexico. Contract adds noticeable revenue stream but remains limited relative to overall operations and market position.

31 May

3

Ceragon Networks relies on India market expansion to offset weak early 2026 results. India focus may lift operations modestly but does not signal major strategic shift.

20 May

3 transcript

Ceragon Networks Ltd reported strong market execution in its Q1 2026 earnings call amid industry headwinds, highlighting operational resilience and competitive positioning. Strong execution signals moderately improved operational results and market position without indicating transformative shifts.

3 transcript

Ceragon Networks Ltd. released its Q1 2026 earnings call summary covering financial results, operational updates and forward guidance. Quarterly earnings updates typically influence near-term stock sentiment and valuation without guaranteeing major strategic shifts.

19 May

3

Ceragon Networks Ltd. reported Q1 results including revenue, margins, and backlog updates along with management commentary on 5G backhaul demand, regional growth, and cost controls. Quarterly results and guidance directly inform near-term revenue visibility and margin trajectory for the company.

3

Ceragon Networks Ltd. (CRNT) reported financial results for the first quarter of 2026. Quarterly results update financial performance and can shift near-term investor views.

5 May

4

Ceragon Networks Ltd. (CRNT) received approximately $86 million in orders from operators in India year-to-date, reinforcing its 2026 outlook. $86 million in orders from India bolsters Ceragon's revenue stream and validates its 2026 growth projections.

24 Feb

3

Ceragon Networks Ltd. (CRNT) reported 2025 revenue of $338.7 million, reflecting a 14.1% annual decline. CRNT's 14.1% revenue decline indicates moderately noticeable pressure on financial performance and market sentiment.

18 Feb

3

Ceragon Networks Ltd. (CRNT) Q4 2025 earnings call highlights focus on navigating challenges in operations and market conditions. Earnings highlights detail challenges influencing financial performance and strategic outlook.

17 Feb

4 transcript

Ceragon Networks Ltd. (CRNT) Q4 2025 earnings call transcript released, covering financial results, operational updates, and forward guidance. Q4 earnings transcript reveals financial performance and strategic outlook likely to significantly sway investor sentiment and market trajectory.

4

Ceragon Networks Ltd. (CRNT) released Q4 2025 earnings call summary highlighting financial results, guidance, and strategic updates. Q4 earnings call summary delivers key financial metrics, revenue growth, profitability updates, and forward guidance directly shaping CRNT's market performance and investor outlook.

4

Ceragon Networks reported Q4 2023 revenue of $91.1 million and full-year revenue of $294.5 million, up 28% YoY, with GAAP net income of $9.4 million for the year. Non-GAAP net income hit $17.2 million annually. Backlog reached $179 million. FY2024 revenue guidance set at $350-380 million, driven by 5G private networks and defense wins. Record revenues, profitability gains, and strong FY2024 guidance amid 5G demand signal significant boost to future growth and investor sentiment.

4

Ceragon Networks Ltd. (CRNT) missed Q4 earnings estimates, reporting weaker-than-expected results that could pressure its stock and outlook. Missing Q4 earnings estimates signals financial underperformance likely to significantly dent investor confidence and stock trajectory.

4

Ceragon Networks Ltd. (CRNT) reported fourth quarter and full-year 2025 financial results. Quarterly and annual earnings reports directly shape investor sentiment and stock valuation through revealed financial health.

11 Feb

3

Ceragon Networks Ltd. (NASDAQ:CRNT) has faced a challenging five-year period for investors, with stock performance failing to yield profits. The company has struggled with various operational and market challenges, leading to a decline in investor confidence and overall financial performance. Despite efforts to improve, the outlook remains uncertain as the company navigates a competitive landscape. The company's ongoing struggles and lack of profitability are expected to moderately influence its financial performance and market positioning.

3 Feb

3

Ceragon Networks Ltd. (CRNT) is expected to report a decline in Q4 earnings, reflecting challenges in the market and potential impacts on its financial performance. Analysts are closely monitoring the company's results as they may influence investor sentiment and future strategies. A decline in earnings could moderately affect Ceragon's financial performance and market positioning.

15 Jan

4

Ceragon Networks Ltd. (CRNT) is highlighted as a top pick for 2026 due to its strong position in the wireless backhaul market, driven by increasing demand for high-capacity networks. The company is expected to benefit from the ongoing rollout of 5G technology and its innovative solutions that cater to evolving customer needs. Analysts predict significant revenue growth and improved profitability, positioning Ceragon as a key player in the telecommunications sector. Strategic partnerships and a focus on expanding its product offerings further enhance its market potential. Ceragon's strategic positioning and anticipated growth in the 5G market are likely to significantly impact its future performance.

3

Ceragon Networks Ltd. (CRNT) is highlighted as a promising penny stock for January 2026, with analysts suggesting it is undervalued. The company is noted for its innovative wireless transport solutions, which are gaining traction in the telecommunications sector. Market trends indicate a potential for growth, driven by increasing demand for high-capacity networks. Investors are encouraged to consider CRNT as part of their portfolio due to its favorable market position and growth prospects. Ceragon's innovative solutions and market trends suggest a moderate influence on its financial performance and competitive positioning.

8 Jan

3

Ceragon Networks Ltd. provided a business update highlighting recent developments and strategic initiatives. The company is focusing on enhancing its product offerings and expanding its market presence. Key financial metrics and operational updates were shared, indicating a commitment to growth and innovation in the telecommunications sector. Ceragon aims to leverage its technology to meet evolving customer demands and strengthen its competitive position. The update indicates a moderate influence on Ceragon's competitive positioning and financial performance due to strategic initiatives.

6 Jan

4

Ceragon Networks Ltd. (CRNT) is positioned for significant growth, driven by increasing demand for high-capacity wireless backhaul solutions. The company is focusing on expanding its product offerings and enhancing its technological capabilities, which could lead to improved market share and profitability. Analysts suggest that Ceragon's strategic initiatives and market trends may result in substantial returns for investors, potentially making it a multi-bagger in the future. Strategic initiatives and market demand are likely to significantly impact Ceragon's future performance and investor sentiment.

10 Dec

4

Ceragon Networks Ltd. (CRNT) is highlighted as one of three promising penny stocks with market capitalizations under $300 million. The company specializes in wireless backhaul solutions, which are essential for mobile network operators. With increasing demand for high-speed data and 5G infrastructure, Ceragon is positioned to benefit from market trends. The article emphasizes the potential for growth and investment opportunities in Ceragon, particularly as it navigates the evolving telecommunications landscape. Ceragon's focus on wireless backhaul solutions aligns with the growing demand for 5G infrastructure, indicating significant potential for future growth.

stockrow.com/CRNT · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com