Ceragon Networks - CRNT Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $5.25
  • Forecasted Upside: 85.51%
  • Number of Analysts: 2
  • Breakdown:
  • 0 Sell Ratings
  • 0 Hold Ratings
  • 2 Buy Ratings
  • 0 Strong Buy Ratings
$2.83
▲ +0.06 (2.17%)

This chart shows the closing price for CRNT by one month, three months, or twelve months.

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Analyst Price Target for CRNT

Analyst Price Target is $5.25
▲ +85.51% 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 $5.25, with a high forecast of $5.25 and a low forecast of $5.25. The average price target represents a 85.51% upside from the last price of $2.83.

This chart shows the closing price for CRNT for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Buy

The current consensus among 2 contributing 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

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
11/14/2022
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
2/12/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
5/13/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
8/11/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
11/9/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
2/7/2024
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
4/7/2024
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
5/7/2024

Latest Recommendations

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

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
5/7/2024Needham & Company LLCReiterated RatingBuy ➝ Buy$5.25Low
2/21/2024Needham & Company LLCReiterated RatingBuy ➝ Buy$5.25Low
1/18/2024Needham & Company LLCReiterated RatingBuy ➝ Buy$5.25Low
12/28/2023Needham & Company LLCReiterated RatingBuy ➝ Buy$5.25Low
9/12/2023AegisReiterated RatingBuyLow
8/2/2023Needham & Company LLCReiterated RatingBuy ➝ Buy$5.25Low
2/9/2023Needham & Company LLCReiterated RatingBuy$5.25Low
12/16/2021Needham & Company LLCReiterated RatingBuy$5.25Medium
9/15/2021AegisInitiated CoverageBuy$6.00Medium
7/19/2021Needham & Company LLCBoost TargetBuy$4.50 ➝ $4.75Medium
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 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 TargetBuy$4.00Low
(Data available from 5/8/2019 forward)

News Sentiment Rating

0.20 (Hold)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 3 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
10/11/2023
  • 5 very positive mentions
  • 6 positive mentions
  • 0 negative mentions
  • 1 very negative mentions
11/10/2023
  • 3 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
12/10/2023
  • 5 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
1/9/2024
  • 5 very positive mentions
  • 7 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
2/8/2024
  • 7 very positive mentions
  • 14 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
3/9/2024
  • 5 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
4/8/2024
  • 2 very positive mentions
  • 10 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
5/8/2024

Current Sentiment

  • 2 very positive mentions
  • 10 positive mentions
  • 0 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

  • No negative mentions tracked during this time.

Very Positive

  • No very positive mentions tracked during this time.
Ceragon Networks logo
Ceragon Networks Ltd., together with its subsidiaries, provides wireless transport solutions for cellular operators and other wireless service providers in North America, Europe, Africa, the Asia Pacific, the Middle East, India, and Latin America. The company's solutions use microwave and millimeter wave radio technology to transfer telecommunication traffic between base stations, small/distributed cells, and the service provider's network. It also 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-50EX, IP-50C, IP-50CX, and IP-50FX for various short-haul, long-haul, fronthaul, small cells, routing, and enterprise access applications. In addition, the company offers network and radio planning, site surveys, solutions development, installation, network rollout, wireless transport network auditing and optimization, maintenance, training, and other services. It serves internet service providers, municipalities, government, utilities, and maritime communications broadcasters and defense, as well as 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. 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 Rosh Ha'Ayin, Israel.
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Today's Range

Now: $2.83
Low: $2.76
High: $2.86

50 Day Range

MA: $2.98
Low: $2.70
High: $3.29

52 Week Range

Now: $2.83
Low: $1.56
High: $3.38

Volume

223,474 shs

Average Volume

587,190 shs

Market Capitalization

$241.74 million

P/E Ratio

40.43

Dividend Yield

N/A

Beta

1.5

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: Aegis, Needham & Company LLC, StockNews.com, and TheStreet.
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 $5.25, suggesting a possible upside of 85.5%. Needham & Company LLC has the highest price target set, predicting CRNT will reach $5.25 in the next twelve months. Needham & Company LLC has the lowest price target set, forecasting a price of $5.25 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 (723) 543-1369 and its investor relations email address is [email protected]. The official website for Ceragon Networks is www.ceragon.com. Learn More about contacing Ceragon Networks investor relations.