Ceragon Networks
CRNT

$2.73

4.76%

Market Cap: 234M

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 6,702 funds

–

Analysts bullish %

0

News positive %

of 4 articles

Fund manager confidence

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

178% more first-time investments, than exits

New positions opened: 25 | Existing positions closed: 9

107% more call options, than puts

Call options by funds: $1.07M | Put options by funds: $518K

65% more capital invested

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

30% more funds holding

Funds holding: 54 [Q4 2023] → 70 (+16) [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

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Research analyst outlook

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

Low target

$5.25

92%

upside

Avg. target

$5.25

92%

upside

High target

$5.25

92%

upside

2 analyst ratings

2 positive

100%

0 neutral

0%

0 negative

0%

Needham Alex Henderson	92%upside $5.25	Buy Reiterated	7 May 2024
Needham Alex Henderson	92%upside $5.25	Buy Reiterated	21 Feb 2024

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Financial journalist opinion

Based on 4 articles about CRNT published over the past 30 days

Ceragon to Announce Second Quarter 2024 Financial Results and Host Investor Conference Call on August 7, 2024

ROSH HA'AIN, Israel , July 24, 2024 /PRNewswire/ -- Ceragon (NASDAQ: CRNT), the global innovator and leading solutions provider of 5G wireless transport, today announced that it will release its earnings results for the second quarter ended June 30, 2024 on Wednesday, August 7, 2024, before the market opens. The Company will host a Zoom conference call on the same day at 8:30 a.m.

Ceragon to Announce Second Quarter 2024 Financial Results and Host Investor Conference Call on August 7, 2024

Ceragon's New Smart Activation Key Software Gains Significant Adoption, Enabling SaaS Models and Recurring Revenue Streams

Tens of Thousands of Smart Activation Key Licenses Ordered in H1 as Part of Ceragon Equipment Purchases ROSH HA'AIN, Israel , July 23, 2024 /PRNewswire/ -- Ceragon (NASDAQ: CRNT), the leading solutions provider of end-to-end wireless connectivity, today announced a significant milestone in its transition toward a more durable, recurring revenue model. The shift from a hardware-centric business to one that integrates Software as a Service (SaaS) is well underway.

Ceragon's New Smart Activation Key Software Gains Significant Adoption, Enabling SaaS Models and Recurring Revenue Streams

Leading American ISP Orders Siklu by Ceragon E-Band Product in Multi-Million Dollar Deal to Expand Network Coverage

Ceragon to deliver almost one thousand new E-Band links to leading ISP in 2024 ROSH HA'AIN, Israel , July 9, 2024 /PRNewswire/ -- Ceragon Networks Ltd. (NASDAQ: CRNT), the leading solutions provider of end-to-end wireless connectivity, today announced a multi-million-dollar order from a leading American Internet Service Provider (ISP).

Leading American ISP Orders Siklu by Ceragon E-Band Product in Multi-Million Dollar Deal to Expand Network Coverage

Ceragon Networks Is Reviving Growth

Ceragon Networks is a leading provider of wireless transport solutions for mobile network service providers in the US and India, with growth expected from new projects. The company offers innovative products like the IP-20 and IP-50 platforms, focusing on high-capacity wireless connectivity solutions. Ceragon's recent acquisition of Siklu has boosted its presence in the private networks segment, leading to increased bookings and revenue growth opportunities.

Ceragon Networks Is Reviving Growth

Zacks Investment Research

3 Wireless Non-US Stocks to Buy Despite Industry Challenges

The fast-track 5G rollout and solid wireless traction should help the Zacks Wireless Non-US industry thrive despite short-term headwinds. SKM, KT and CRNT are well-positioned to make the most of the demand for seamless connectivity solutions.

3 Wireless Non-US Stocks to Buy Despite Industry Challenges

Ceragon Names Robert Wadsworth to its Board of Directors

ROSH HA'AIN, Israel , May 30, 2024 /PRNewswire/ -- Ceragon Networks Ltd. (NASDAQ: CRNT), the global innovator and leading solutions provider of end-to-end wireless connectivity solutions, today announced the appointment of Mr.

Ceragon Names Robert Wadsworth to its Board of Directors

Stocks to Buy: 3 Undiscovered Giants Poised for Unexpected Gains

Finding untapped opportunities in the volatile world of stock trading may lead to substantial financial advantages. Three businesses stand out in the crowded market as attractive investments for those looking for unrealized potential.

Stocks to Buy: 3 Undiscovered Giants Poised for Unexpected Gains

Ceragon Networks Ltd. (CRNT) Q1 2024 Earnings Call Transcript

Ceragon Networks Ltd. (NASDAQ:CRNT ) Q1 2024 Earnings Conference Call May 7, 2024 8:30 AM ET Company Participants Rob Fink - Head of IR Doron Arazi - Chief Executive Officer Ronen Stein - Chief Financial Officer Conference Call Participants Alex Henderson - Needham & Company Rommel Dionisio - Aegis Capital Jeff Rosenberg - Rail-Splitter Capital Operator Ladies and gentlemen, thank you for standing by and welcome to Ceragon Networks Conference Call.

Ceragon Networks Ltd. (CRNT) Q1 2024 Earnings Call Transcript

CERAGON NETWORKS REPORTS 2024 FIRST QUARTER FINANCIAL RESULTS

Strong Demand and Bookings Bolster, Confidence of Continued Growth and Margin Expansion Management Reiterates Full-Year 2024 Outlook ROSH HA'AIN, Israel , May 7, 2024 /PRNewswire/ -- Ceragon Networks Ltd (NASDAQ: CRNT), the global innovator and leading solutions provider of 5G wireless transport, today reported its financial results for the first quarter period ended March 31, 2024. Q1 2024 Financial Highlights: Revenues of $88.5 million, up 6.1% year-over-year Operating income of $4.2 million on a GAAP basis, or $7.6 million on a non-GAAP basis Net Income of $0.4 million on a GAAP basis, and net income of $4.7 million on a non-GAAP basis EPS of $0.00 per diluted share on a GAAP basis, or $0.05 per diluted share on a non-GAAP basis Q 1 202 4 Business Highlights: North America:- Continued strong bookings, supported by demand for 5G capabilities - Strongest region in terms of revenue, with record quarterly revenues India:- Record quarterly bookings, including substantial orders from the approximately $150 million project from global integrator, in support of a network modernization project for a Tier 1 Operator Doron Arazi, CEO, commented: "Ceragon continues to experience high demand for its solutions, and our increased marketing efforts primarily in the private networks space enable us to increase our funnel in this segment in general and in North America particularly.

CERAGON NETWORKS REPORTS 2024 FIRST QUARTER FINANCIAL RESULTS

Ceragon Records Nearly $10 Million Quarter Booking for Energy Sector

Ceragon continues to bring innovative wireless connectivity solutions to Private Networks for new and existing customers across the Energy Vertical ROSH HA'AIN, Israel , May 2, 2024 /PRNewswire/ -- Ceragon Networks Ltd. (NASDAQ: CRNT), the global innovator and leading solutions provider of 5G wireless solutions, today announced the finalization of several new deals serving the energy industry across multiple regions during Q1 2024.

Ceragon Records Nearly $10 Million Quarter Booking for Energy Sector

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