CRNT stock icon

Ceragon Networks
CRNT

$2.53
0.4%
 

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 6,689 funds
0
Analysts bullish %
of 4 analysts
News positive %

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

150% more first-time investments, than exits

New positions opened: 25 | Existing positions closed: 10

79% more call options, than puts

Call options by funds: $888K | Put options by funds: $495K

65% more capital invested

Capital invested by funds: $24.3M [Q4 2023] → $40.2M (+$15.9M) [Q1 2024]

28% more funds holding

Funds holding: 54 [Q4 2023] → 69 (+15) [Q1 2024]

1.55% more ownership

Funds ownership: 13.34% [Q4 2023] → 14.89% (+1.55%) [Q1 2024]

6% less repeat investments, than reductions

Existing positions increased: 15 | Existing positions reduced: 16

Research analyst outlook

4 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$5.25
108%
upside
Avg. target
$5.25
108%
upside
High target
$5.25
108%
upside

4 analyst ratings

positive
100%
neutral
0%
negative
0%
Needham
Alex Henderson
108%upside
$5.25
Buy
Reiterated
7 May 2024
Needham
Alex Henderson
108%upside
$5.25
Buy
Reiterated
21 Feb 2024
Needham
Alex Henderson
108%upside
$5.25
Buy
Reiterated
18 Jan 2024
Needham
Alex Henderson
108%upside
$5.25
Buy
Reiterated
28 Dec 2023

Financial journalist opinion