NASDAQ:CRNT - Ceragon Networks Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $4.50
  • Forecasted Upside: 19.05 %
  • Number of Analysts: 2
  • Breakdown:
  • 0 Sell Ratings
  • 0 Hold Ratings
  • 2 Buy Ratings
  • 0 Strong Buy Ratings
$3.78
▼ -0.02 (-0.53%)
1 month | 3 months | 12 months
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Analyst Price Target for CRNT

Average Price Target: $4.50
▲ +19.05% Upside Potential
This price target is based on 2 analysts offering 12 month price targets for Ceragon Networks in the last 3 months. The average price target is $4.50, with a high forecast of $4.50 and a low forecast of $4.50. The average price target represents a 19.05% upside from the last price of $3.78.

Buy

The current consensus among 2 polled investment analysts is to buy stock in Ceragon Networks. This Buy consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
12/26/2019
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
3/25/2020
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
6/23/2020
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
9/21/2020
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
12/20/2020
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
3/20/2021
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
5/19/2021
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
6/18/2021

Latest Recommendations

  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
5/4/2021Needham & Company LLCUpgradeHold ➝ Buy$4.50High
3/12/2021Needham & Company LLCUpgradeUnderperform ➝ HoldHigh
2/22/2021OppenheimerUpgradeMarket Perform ➝ OutperformLow
2/8/2021OppenheimerReiterated RatingHoldMedium
1/20/2021Needham & Company LLCDowngradeBuy ➝ UnderperformHigh
1/14/2021Needham & Company LLCBoost Price TargetBuy$3.25 ➝ $3.75Low
9/10/2020Needham & Company LLCReiterated RatingBuy$3.25Low
8/3/2020Needham & Company LLCInitiated CoverageBuy$3.25Medium
5/18/2020Needham & Company LLCInitiated CoverageBuy$3.25High
5/4/2020Needham & Company LLCReiterated RatingBuy$3.25Low
5/4/2020OppenheimerReiterated RatingHoldLow
4/17/2020Needham & Company LLCUpgradeHold ➝ Buy$3.25High
2/10/2020Needham & Company LLCReiterated RatingHoldHigh
11/5/2019OppenheimerDowngradeOutperform ➝ Market PerformLow
7/3/2019OppenheimerSet Price TargetBuy$4.00Low
12/10/2018OppenheimerSet Price TargetBuy$5.00Medium
11/28/2018Needham & Company LLCDowngradeBuy ➝ HoldHigh
11/5/2018OppenheimerSet Price TargetBuy$5.00High
9/28/2018CIBCUpgradeMarket Perform ➝ OutperformMedium
9/28/2018CitigroupUpgradeMarket Perform ➝ Outperform$4.50High
9/28/2018UBS GroupUpgradeMarket Perform ➝ OutperformHigh
9/28/2018OppenheimerUpgradeMarket Perform ➝ Outperform$5.00High
8/7/2018OppenheimerReiterated RatingHoldHigh
6/25/2018Needham & Company LLCBoost Price TargetBuy$3.60 ➝ $4.40High
5/8/2018Needham & Company LLCUpgradeHold ➝ BuyHigh
5/7/2018OppenheimerReiterated RatingHoldHigh
2/12/2018OppenheimerReiterated RatingHoldHigh
10/8/2017Jefferies Financial GroupReiterated RatingHold$2.50N/A
8/8/2017OppenheimerReiterated RatingHoldHigh
5/11/2017OppenheimerReiterated RatingHoldLow
1/19/2017Jefferies Financial GroupBoost Price TargetHold$2.50 ➝ $3.00N/A
1/17/2017Needham & Company LLCDowngradeBuy ➝ HoldN/A
12/1/2016Jefferies Financial GroupReiterated RatingHold$2.00 ➝ $2.50N/A
11/15/2016Jefferies Financial GroupBoost Price Target$2.50N/A
10/24/2016Needham & Company LLCReiterated RatingBuy$2.50 ➝ $3.00N/A
8/9/2016Jefferies Financial GroupBoost Price TargetHold$1.50 ➝ $2.00N/A
7/18/2016Needham & Company LLCBoost Price TargetBuy$2.00 ➝ $2.50N/A
(Data available from 6/18/2016 forward)
Ceragon Networks logo
Ceragon Networks Ltd. provides wireless backhaul solutions that enable cellular operators and other wireless service providers to deliver voice and data services. Its wireless backhaul solutions use microwave and millimeter wave technology to transfer telecommunication traffic between base stations, small/distributed cells, and the core of the service provider's network. The company also offers wireless fronthaul solutions that use microwave technology for ultra-high speed, ultra-low latency communication for wireless 5G and 4G base stations. In addition, it provides IP-20 all-outdoor solutions, such as IP-20C, IP-20C-HP, IP-20S, IP-20E, and IP-20V; IP-20 split-mount/all-indoor solutions comprising IP-20N/IP-20A, IP-20F, and IP-20G; and IP-50 disaggregated solutions, including IP-50E, IP-50C, IP-50S, and IP-50FX for various short-haul, long-haul, fronthaul, and enterprise access applications. Further, the company offers network management system; and network and radio planning, site survey, solutions development, installation, network auditing and optimization, maintenance, training, and other services. It provides its services to smart-phone applications, such as internet browsing, social networking, image sharing, music, and video applications; oil and gas companies; public safety organizations; business and public institutions; broadcasters; energy utilities; and private communications networks. The company sells its products through direct sales, original equipment manufacturers, resellers, distributors, and system integrators. It operates in North America, Europe, Africa, the Asia Pacific, the Middle East, India, and Latin America. The company was formerly known as Giganet Ltd. and changed its name to Ceragon Networks Ltd. in September 2000. Ceragon Networks Ltd. was incorporated in 1996 and is headquartered in Tel Aviv, Israel.
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Today's Range

Now: $3.78
Low: $3.78
High: $3.95

50 Day Range

MA: $3.48
Low: $3.01
High: $3.98

52 Week Range

Now: $3.78
Low: $2.00
High: $6.90

Volume

4,211,235 shs

Average Volume

3,080,743 shs

Market Capitalization

$315.20 million

P/E Ratio

N/A

Dividend Yield

N/A

Beta

1.78

Frequently Asked Questions

What sell-side analysts currently cover shares of Ceragon Networks?

The following equities research analysts have issued stock ratings on Ceragon Networks in the last twelve months: Needham & Company LLC, Oppenheimer Holdings Inc., and Zacks Investment Research.
View the latest analyst ratings for CRNT.

What is the current price target for Ceragon Networks?

1 Wall Street analysts have set twelve-month price targets for Ceragon Networks in the last year. Their average twelve-month price target is $4.50, suggesting a possible upside of 15.4%. Needham & Company LLC has the highest price target set, predicting CRNT will reach $4.50 in the next twelve months. Needham & Company LLC has the lowest price target set, forecasting a price of $4.50 for Ceragon Networks in the next year.
View the latest price targets for CRNT.

What is the current consensus analyst rating for Ceragon Networks?

Ceragon Networks currently has 2 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe CRNT will outperform the market and that investors should add to their positions of Ceragon Networks.
View the latest ratings for CRNT.

What other companies compete with Ceragon Networks?

How do I contact Ceragon Networks' investor relations team?

Ceragon Networks' physical mailing address is 24 RAOUL WALLENBERG ST, TEL AVIV L3, 69719. The communications equipment provider's listed phone number is 972-3543-1643 and its investor relations email address is [email protected] The official website for Ceragon Networks is www.ceragon.com.