CRNT Chart
About

Ceragon Networks Ltd. 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 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, 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 Haayin, Israel.

Fundamentals
Scroll to Statements
Sector Technology Industry Communication Equipment Market Cap 199.56M
Enterprise Value 199.12M Income -2.09M Sales 338.73M
Book/sh 1.91 Cash/sh 0.42 Dividend Yield —
Payout 0.00% Employees — IPO —
P/E 111.00 Forward P/E 9.51 PEG —
P/S 0.59 P/B 1.16 P/C —
EV/EBITDA 7.85 EV/Sales 0.59 Quick Ratio 1.36
Current Ratio 1.87 Debt/Eq 21.03 LT Debt/Eq —
EPS (ttm) 0.02 EPS next Y 0.23 EPS Growth -96.60%
Revenue Growth -23.00% Earnings 2026-02-17 ROA 2.09%
ROE -1.23% ROIC — Gross Margin 33.82%
Oper. Margin 2.08% Profit Margin -0.62% Shs Outstand 89.89M
Shs Float 79.57M Short Float 0.76% Short Ratio 0.97
Short Interest — 52W High 3.54 52W Low 1.82
Beta — Avg Volume 543.34K Volume 803.13K
Target Price $4.75 Recom None Prev Close $2.26
Price $2.22 Change -1.77%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$4.75
Mean price target
2. Current target
$2.22
Latest analyst target
3. DCF / Fair value
$2.52
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$2.22
Low
$3.00
High
$9.00
Mean
$4.75

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2025-11-12 reit Needham Buy → Buy $3
2025-09-18 reit Needham Buy → Buy $3
2025-08-06 main Needham Buy → Buy $3
2025-07-18 main Roth Capital Buy → Buy $4
2025-05-07 main Needham Buy → Buy $5
2025-03-13 init Craig-Hallum — → Buy $5
2025-02-12 reit Needham Buy → Buy $6
2025-01-16 reit Needham Buy → Buy $6
2024-12-04 reit Needham Buy → Buy $6
2024-12-03 init Litchfield Hills — → Buy $10
2024-10-28 init Roth MKM — → Buy $5
2024-08-08 reit Needham Buy → Buy $5
2024-05-07 reit Needham Buy → Buy $5
2024-02-21 reit Needham Buy → Buy $5
2024-01-18 reit Needham Buy → Buy $5
2023-12-28 reit Needham Buy → Buy $5
2023-08-02 reit Needham Buy → Buy $5
2023-05-02 reit Needham — → Buy $5
2023-02-09 reit Needham — → Buy $5
2021-09-16 init Aegis Capital — → Buy $6
Insider Transactions

No recent insider transactions.

Financials
Line Item2024-12-312023-12-312022-12-312021-12-31
TaxEffectOfUnusualItems-970.94K-863.40K-419.10K-1.16M
TaxRateForCalcs0.120.300.300.30
NormalizedEBITDA53.63M33.12M210.00K16.95M
TotalUnusualItems-8.29M-2.88M-1.40M-3.88M
TotalUnusualItemsExcludingGoodwill-8.29M-2.88M-1.40M-3.88M
NetIncomeFromContinuingOperationNetMinorityInterest24.06M6.22M-19.69M-14.83M
ReconciledDepreciation12.11M9.97M11.04M12.25M
ReconciledCostOfRevenue257.34M227.31M202.11M202.39M
EBITDA45.34M30.25M-1.19M13.08M
EBIT33.23M20.28M-12.23M831.00K
NetInterestIncome-6.25M-7.61M-4.91M-4.75M
InterestExpense5.97M7.54M5.02M4.65M
InterestIncome143.00K93.00K107.00K160.00K
NormalizedIncome31.39M8.23M-18.71M-12.11M
NetIncomeFromContinuingAndDiscontinuedOperation24.06M6.22M-19.69M-14.83M
TotalExpenses352.39M323.95M306.11M285.96M
TotalOperatingIncomeAsReported38.73M21.21M-10.94M4.81M
DilutedAverageShares88.46M85.48M84.13M83.41M
BasicAverageShares86.19M84.62M84.13M83.41M
DilutedEPS0.270.07-0.09-0.18
BasicEPS0.280.07-0.09-0.18
DilutedNIAvailtoComStockholders24.06M6.22M-19.69M-14.83M
NetIncomeCommonStockholders24.06M6.22M-19.69M-14.83M
NetIncome24.06M6.22M-19.69M-14.83M
NetIncomeIncludingNoncontrollingInterests24.06M6.22M-19.69M-14.83M
NetIncomeContinuousOperations24.06M6.22M-19.69M-14.83M
EarningsFromEquityInterestNetOfTax0.000.00
TaxProvision3.19M6.52M2.45M11.01M
PretaxIncome27.25M12.74M-17.24M-3.82M
OtherIncomeExpense-8.29M-2.88M-1.40M-3.88M
SpecialIncomeCharges-4.78M-2.12M0.000.00
RestructuringAndMergernAcquisition4.78M2.12M0.000.00
GainOnSaleOfSecurity-3.52M-753.00K-1.40M-3.88M
NetNonOperatingInterestIncomeExpense-6.25M-7.61M-4.91M-4.75M
TotalOtherFinanceCost424.00K160.00K257.00K
InterestExpenseNonOperating5.97M7.54M5.02M4.65M
InterestIncomeNonOperating143.00K93.00K107.00K160.00K
OperatingIncome41.80M23.23M-10.94M4.81M
OperatingExpense95.05M96.64M104.00M83.57M
OtherOperatingExpenses1.16M4.22M
ResearchAndDevelopment34.95M32.27M29.69M29.47M
SellingGeneralAndAdministration58.94M64.37M70.09M54.10M
SellingAndMarketingExpense44.72M40.58M35.80M33.51M
GeneralAndAdministrativeExpense14.22M23.79M34.30M20.59M
OtherGandA14.22M23.79M34.30M20.59M
GrossProfit136.85M119.87M93.06M88.38M
CostOfRevenue257.34M227.31M202.11M202.39M
TotalRevenue394.19M347.18M295.17M290.77M
OperatingRevenue394.19M347.18M295.17M290.77M
Line Item2024-12-312023-12-312022-12-312021-12-31
TreasurySharesNumber3.48M3.48M3.48M3.48M
OrdinarySharesNumber88.39M85.42M84.35M83.93M
ShareIssued91.87M88.90M87.83M87.41M
NetDebt4.36M14.55M
TotalDebt41.11M50.20M54.43M36.37M
TangibleBookValue141.78M109.87M111.58M130.88M
InvestedCapital191.53M166.62M157.28M151.95M
WorkingCapital109.59M84.99M77.91M87.80M
NetTangibleAssets141.78M109.87M111.58M130.88M
CapitalLeaseObligations15.91M17.61M16.93M21.57M
CommonStockEquity166.32M134.02M119.78M137.15M
TotalCapitalization166.32M134.02M119.78M137.15M
TotalEquityGrossMinorityInterest166.32M134.02M119.78M137.15M
StockholdersEquity166.32M134.02M119.78M137.15M
GainsLossesNotAffectingRetainedEarnings-10.06M-8.09M-11.16M-9.51M
OtherEquityAdjustments-10.06M-8.09M-11.16M-9.51M
TreasuryStock20.09M20.09M20.09M20.09M
RetainedEarnings-251.12M-275.19M-281.41M-261.72M
AdditionalPaidInCapital447.37M437.16M432.21M428.24M
CapitalStock232.00K224.00K224.00K224.00K
CommonStock232.00K224.00K224.00K224.00K
TotalLiabilitiesNetMinorityInterest178.67M164.51M169.53M155.41M
TotalNonCurrentLiabilitiesNetMinorityInterest27.22M31.55M36.70M39.73M
EmployeeBenefits8.36M9.40M9.31M10.80M
NonCurrentPensionAndOtherPostretirementBenefitPlans8.36M9.40M9.31M10.80M
TradeandOtherPayablesNonCurrent5.93M7.77M2.65M2.44M
NonCurrentDeferredLiabilities0.00670.00K11.54M9.28M
NonCurrentDeferredRevenue0.00670.00K11.54M9.28M
LongTermDebtAndCapitalLeaseObligation12.94M13.72M13.19M17.21M
LongTermCapitalLeaseObligation12.94M13.72M13.19M17.21M
CurrentLiabilities151.45M132.95M132.84M115.68M
OtherCurrentLiabilities3.43M1.42M313.00K
CurrentDeferredLiabilities4.31M8.79M6.95M8.43M
CurrentDeferredRevenue4.31M8.79M6.95M8.43M
CurrentDebtAndCapitalLeaseObligation28.17M36.49M41.24M19.16M
CurrentCapitalLeaseObligation2.97M3.89M3.75M4.36M
CurrentDebt25.20M32.60M37.50M14.80M
OtherCurrentBorrowings37.50M14.80M
LineOfCredit25.20M32.60M37.50M
CurrentProvisions2.33M1.69M1.40M1.69M
PayablesAndAccruedExpenses113.21M85.98M81.82M86.09M
CurrentAccruedExpenses18.60M16.57M12.42M14.20M
Payables94.62M69.41M69.40M71.89M
OtherPayable3.46M2.38M2.01M2.45M
AccountsPayable91.16M67.03M67.38M69.44M
TotalAssets345.00M298.52M289.32M292.56M
TotalNonCurrentAssets83.96M80.58M78.57M89.08M
OtherNonCurrentAssets1.04M1.95M18.31M17.06M
DefinedPensionBenefit4.92M4.99M4.63M5.65M
NonCurrentDeferredAssets0.00
NonCurrentDeferredTaxesAssets0.00
NonCurrentAccountsReceivable10.48M
GoodwillAndOtherIntangibleAssets24.54M24.15M8.21M6.27M
OtherIntangibleAssets16.79M16.40M8.21M6.27M
Goodwill7.75M7.75M0.00
NetPPE53.47M49.50M47.42M49.62M
AccumulatedDepreciation-141.37M-131.57M-118.13M-107.88M
GrossPPE194.84M181.07M165.55M157.50M
Leases2.58M1.95M1.69M1.46M
OtherProperties16.70M18.84M17.96M20.23M
MachineryFurnitureEquipment175.56M160.28M145.89M135.81M
Properties0.000.000.000.00
CurrentAssets261.04M217.94M210.75M203.48M
HedgingAssetsCurrent432.00K920.00K8.00K852.00K
CurrentDeferredAssets4.62M5.16M6.09M6.21M
PrepaidAssets1.63M963.00K405.00K256.00K
Inventory59.69M68.81M72.01M61.40M
FinishedGoods30.45M34.53M36.76M38.39M
WorkInProcess697.00K486.00K143.00K423.00K
RawMaterials28.55M33.79M35.11M22.58M
Receivables159.35M113.85M109.29M117.68M
OtherReceivables9.73M9.53M9.26M9.86M
AccountsReceivable149.62M104.32M100.03M107.83M
AllowanceForDoubtfulAccountsReceivable-13.80M-24.60M-22.41M-7.47M
GrossAccountsReceivable163.41M128.92M122.44M115.30M
CashCashEquivalentsAndShortTermInvestments35.31M28.24M22.95M17.08M
CashAndCashEquivalents35.31M28.24M22.95M17.08M
Line Item2024-12-312023-12-312022-12-312021-12-31
FreeCashFlow9.73M17.99M-17.32M-24.61M
CapitalExpenditure-16.46M-12.90M-12.42M-9.60M
InterestPaidSupplementalData4.68M6.04M3.46M1.28M
IncomeTaxPaidSupplementalData1.13M2.84M1.87M2.00M
EndCashPosition35.31M28.24M22.95M17.08M
BeginningCashPosition28.24M22.95M17.08M27.10M
EffectOfExchangeRateChanges-1.14M133.00K75.00K-138.00K
ChangesInCash8.21M5.16M5.79M-9.88M
FinancingCashFlow-1.52M-4.86M23.11M14.53M
CashFlowFromContinuingFinancingActivities-1.52M-4.86M23.11M14.53M
ProceedsFromStockOptionExercised5.88M39.00K410.00K4.73M
NetIssuancePaymentsOfDebt-7.40M-4.90M22.70M9.80M
NetShortTermDebtIssuance-7.40M-4.90M22.70M9.80M
InvestingCashFlow-16.46M-20.87M-12.42M-9.39M
CashFlowFromContinuingInvestingActivities-16.46M-20.87M-12.42M-9.39M
NetInvestmentPurchaseAndSale0.00
SaleOfInvestment0.00
NetBusinessPurchaseAndSale0.00-7.97M0.000.00
PurchaseOfBusiness0.00-7.97M0.000.00
NetIntangiblesPurchaseAndSale-2.94M-1.96M-212.00K
PurchaseOfIntangibles-2.94M-1.96M-212.00K
NetPPEPurchaseAndSale-14.58M-9.96M-10.46M-9.18M
SaleOfPPE0.000.00200.00K
PurchaseOfPPE-14.58M-9.96M-10.46M-9.38M
CapitalExpenditureReported-1.88M-2.94M-1.96M-212.00K
OperatingCashFlow26.20M30.89M-4.89M-15.02M
CashFlowFromContinuingOperatingActivities26.20M30.89M-4.89M-15.02M
ChangeInWorkingCapital-14.48M10.68M174.00K-15.08M
ChangeInOtherWorkingCapital-4.57M-9.83M1.78M9.53M
ChangeInOtherCurrentLiabilities-4.20M-4.03M-5.94M-4.62M
ChangeInOtherCurrentAssets5.98M20.77M3.23M-1.26M
ChangeInPayablesAndAccruedExpense26.93M-170.00K-6.17M4.33M
ChangeInPayable26.93M-170.00K-6.17M4.33M
ChangeInAccountPayable23.03M-1.85M-2.02M5.88M
ChangeInInventory7.61M6.30M-11.15M-11.91M
ChangeInReceivables-46.22M-2.37M18.43M-11.15M
ChangesInAccountReceivables-46.22M-2.37M18.43M-11.15M
StockBasedCompensation4.30M3.96M3.56M2.56M
DepreciationAmortizationDepletion12.11M9.97M11.04M12.25M
DepreciationAndAmortization12.11M9.97M11.04M12.25M
AmortizationCashFlow1.78M632.00K420.00K401.00K
AmortizationOfIntangibles1.78M632.00K420.00K401.00K
Depreciation10.34M9.34M10.62M11.85M
OperatingGainsLosses207.00K61.00K20.00K82.00K
GainLossOnSaleOfPPE207.00K61.00K20.00K82.00K
NetIncomeFromContinuingOperations24.06M6.22M-19.69M-14.83M
SEC Filings

No SEC filings found for this symbol (may be non-US or ticker not in SEC index).

Public Trades for CRNT
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