Symbols / CRNT Stock $2.53 -4.17% Ceragon Networks Ltd.

Technology • Communication Equipment • Israel • NMS
CRNT (Stock) Chart
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Stock Fundamentals
Scroll to Statements
Index EQUITY
Sector Technology
Industry Communication Equipment
CEO Mr. Doron Arazi
Exch · Country NMS · Israel
Market Cap 229.92M
Enterprise Value 227.88M
Income -2.09M
Sales 338.73M
FCF (ttm) 20.64M
Book/sh 1.91
Cash/sh 0.42
Employees 1,091
Insider 10d —
IPO Aug 04, 2000
Div forward ($/yr)
Div TTM ($/yr)
Dividend Yield
Ex-Div Date
5Y Avg Yield
Yield vs 5Y Avg
Payout 0.00%
P/E —
Forward P/E 11.40
PEG 0.98
P/S 0.68
P/B 1.33
P/C —
EV/EBITDA 9.04
EV/Sales 0.67
Quick Ratio 1.22
Current Ratio 1.87
Debt/Eq 21.03
LT Debt/Eq —
EPS (ttm) -0.02
EPS next Y 0.22
EPS Growth —
Revenue Growth -23.00%
EPS Gr Q/Q -96.40%
Rev Gr Q/Q —
Earnings (next) 2026-05-13
Earnings (prior) 2026-02-17
ROA 2.06%
ROE -1.23%
ROIC —
Gross Margin 33.82%
Oper. Margin 1.89%
Profit Margin -0.62%
Shs Outstand 90.88M
Shs Float 79.59M
Insider Own 14.08%
Instit Own 19.93%
Short Float 0.21%
Short Ratio 0.42
Short Interest 186.86K
52W High 2.84
vs 52W High -10.92%
52W Low 1.82
vs 52W Low 39.01%
Beta 1.24
Impl. Vol. 12.50%
Rel Volume 0.85
Avg Volume 430.37K
Volume 367.47K
Target (mean) $4.54
Tgt Median $3.62
Tgt Low $3.00
Tgt High $9.00
# Analysts 6
Recom Strong_buy
Prev Close $2.64
Price $2.53
Change -4.17%
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 also provides IP-20/50 all-outdoor solutions, such as IP-20C-HP, IP-50E, IP-50EX/EXP/EXA, IP-50C, and IP-50CX; IP-20/50 Split-mount/all-indoor solutions comprising IP-20N/IP-20A, IP-20N/IP-20A, IP-20F and IP-20G; and IP-50 disaggregated solutions including IP-50FX for 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 sells its products through direct sales, resellers, 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 founded in 1996 and is headquartered in Rosh Haayin, Israel.

Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$4.54
Mean price target
2. Current target
$2.53
Latest analyst target
3. DCF / Fair value
$4.09
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$2.53
Low
$3.00
High
$9.00
Mean
$4.54

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-03-31 init Lake Street — → Buy $4
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
News
RSS: Latest CRNT news
Insider Transactions
Filed Date Insider Relationship Transaction Shares Price Value SEC
2026-03-23 STEIN RONEN Chief Financial Officer — 17,417 $0.00 $0
2026-03-23 RONEN BEN-HAMOU Officer — 27,213 $0.00 $0
Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Revenue
338.73
-14.07%
394.19
+13.54%
347.18
+17.62%
295.17
Operating Revenue
338.73
-14.07%
394.19
+13.54%
347.18
+17.62%
295.17
Cost Of Revenue
224.18
-12.89%
257.34
+13.21%
227.31
+12.47%
202.11
Reconciled Cost Of Revenue
224.18
-12.89%
257.34
+13.21%
227.31
+12.47%
202.11
Gross Profit
114.55
-16.29%
136.85
+14.17%
119.87
+28.80%
93.06
Operating Expense
103.50
+8.89%
95.05
-1.65%
96.64
-7.07%
104.00
Research And Development
30.43
-12.94%
34.95
+8.29%
32.27
+8.70%
29.69
Selling General And Administration
73.08
+23.99%
58.94
-8.44%
64.37
-8.16%
70.09
Selling And Marketing Expense
48.68
+8.86%
44.72
+10.20%
40.58
+13.36%
35.80
General And Administrative Expense
24.39
+71.55%
14.22
-40.23%
23.79
-30.62%
34.30
Other Gand A
24.39
+71.55%
14.22
-40.23%
23.79
-30.62%
34.30
Other Operating Expenses
—
1.16
—
4.22
Total Expenses
327.68
-7.01%
352.39
+8.78%
323.95
+5.83%
306.11
Operating Income
11.05
-73.57%
41.80
+79.99%
23.23
+312.35%
-10.94
Total Operating Income As Reported
7.25
-81.29%
38.73
+82.59%
21.21
+293.93%
-10.94
EBITDA
20.07
-55.74%
45.34
+49.90%
30.25
+2648.19%
-1.19
Normalized EBITDA
25.44
-52.57%
53.63
+61.91%
33.12
+15673.81%
0.21
Reconciled Depreciation
14.33
+18.29%
12.11
+21.52%
9.97
-9.72%
11.04
EBIT
5.74
-82.72%
33.23
+63.84%
20.28
+265.86%
-12.23
Total Unusual Items
-5.37
+35.25%
-8.29
-188.22%
-2.88
-106.01%
-1.40
Total Unusual Items Excluding Goodwill
-5.37
+35.25%
-8.29
-188.22%
-2.88
-106.01%
-1.40
Special Income Charges
-1.81
+62.15%
-4.78
-124.89%
-2.12
0.00
Restructuring And Mergern Acquisition
1.81
-62.15%
4.78
+124.89%
2.12
0.00
Net Income
-2.09
-108.69%
24.06
+286.86%
6.22
+131.59%
-19.69
Pretax Income
0.71
-97.40%
27.25
+113.88%
12.74
+173.90%
-17.24
Net Non Operating Interest Income Expense
-4.97
+20.53%
-6.25
+17.75%
-7.61
-54.92%
-4.91
Interest Expense Non Operating
5.03
-15.73%
5.97
-20.75%
7.54
+50.28%
5.02
Net Interest Income
-4.97
+20.53%
-6.25
+17.75%
-7.61
-54.92%
-4.91
Interest Expense
5.03
-15.73%
5.97
-20.75%
7.54
+50.28%
5.02
Interest Income Non Operating
0.25
+72.03%
0.14
+53.76%
0.09
-13.08%
0.11
Interest Income
0.25
+72.03%
0.14
+53.76%
0.09
-13.08%
0.11
Other Income Expense
-5.37
+35.25%
-8.29
-188.22%
-2.88
-106.01%
-1.40
Gain On Sale Of Security
-3.56
-1.31%
-3.52
-366.93%
-0.75
+46.10%
-1.40
Tax Provision
2.80
-12.29%
3.19
-51.09%
6.52
+166.64%
2.45
Tax Rate For Calcs
0.00
+156.30%
0.00
-60.98%
0.00
+0.00%
0.00
Tax Effect Of Unusual Items
-1.61
-65.95%
-0.97
-12.46%
-0.86
-106.01%
-0.42
Net Income Including Noncontrolling Interests
-2.09
-108.69%
24.06
+286.86%
6.22
+131.59%
-19.69
Net Income From Continuing Operation Net Minority Interest
-2.09
-108.69%
24.06
+286.86%
6.22
+131.59%
-19.69
Net Income From Continuing And Discontinued Operation
-2.09
-108.69%
24.06
+286.86%
6.22
+131.59%
-19.69
Net Income Continuous Operations
-2.09
-108.69%
24.06
+286.86%
6.22
+131.59%
-19.69
Normalized Income
1.67
-94.68%
31.39
+281.16%
8.23
+144.01%
-18.71
Net Income Common Stockholders
-2.09
-108.69%
24.06
+286.86%
6.22
+131.59%
-19.69
Diluted EPS
-0.02
-107.41%
0.27
+285.71%
0.07
+177.78%
-0.09
Basic EPS
-0.02
-107.14%
0.28
+300.00%
0.07
+177.78%
-0.09
Basic Average Shares
89.79
+4.17%
86.19
+1.86%
84.62
+0.58%
84.13
Diluted Average Shares
89.79
+1.50%
88.46
+3.48%
85.48
+1.60%
84.13
Diluted NI Availto Com Stockholders
-2.09
-108.69%
24.06
+286.86%
6.22
+131.59%
-19.69
Earnings From Equity Interest Net Of Tax
—
—
—
0.00
Total Other Finance Cost
0.18
-56.84%
0.42
+165.00%
0.16
—
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Assets
317.04
-8.10%
345.00
+15.57%
298.52
+3.18%
289.32
Current Assets
225.20
-13.73%
261.04
+19.78%
217.94
+3.41%
210.75
Cash Cash Equivalents And Short Term Investments
38.37
+8.66%
35.31
+25.05%
28.24
+23.05%
22.95
Cash And Cash Equivalents
38.37
+8.66%
35.31
+25.05%
28.24
+23.05%
22.95
Receivables
113.47
-28.76%
159.28
+39.90%
113.85
+4.17%
109.29
Accounts Receivable
99.67
-33.38%
149.62
+43.42%
104.32
+4.29%
100.03
Gross Accounts Receivable
113.73
-30.40%
163.41
+26.75%
128.92
+5.29%
122.44
Allowance For Doubtful Accounts Receivable
-14.06
-1.91%
-13.80
+43.92%
-24.60
-9.78%
-22.41
Other Receivables
13.80
+42.91%
9.66
+1.33%
9.53
+2.96%
9.26
Inventory
61.59
+3.17%
59.69
-13.25%
68.81
-4.44%
72.01
Raw Materials
28.57
+0.06%
28.55
-15.51%
33.79
-3.76%
35.11
Work In Process
0.13
-81.35%
0.70
+43.42%
0.49
+239.86%
0.14
Finished Goods
32.89
+8.02%
30.45
-11.84%
34.53
-6.04%
36.76
Prepaid Assets
1.53
-5.66%
1.63
+68.85%
0.96
+137.78%
0.41
Current Deferred Assets
9.00
+94.66%
4.62
-10.35%
5.16
-15.26%
6.09
Hedging Assets Current
1.24
+144.09%
0.51
-44.78%
0.92
+11400.00%
0.01
Total Non Current Assets
91.84
+9.39%
83.96
+4.19%
80.58
+2.56%
78.57
Net PPE
56.51
+5.69%
53.47
+8.02%
49.50
+4.38%
47.42
Gross PPE
209.36
+7.45%
194.84
+7.61%
181.07
+9.37%
165.55
Accumulated Depreciation
-152.85
-8.12%
-141.37
-7.45%
-131.57
-11.38%
-118.13
Properties
0.00
0.00
0.00
0.00
Machinery Furniture Equipment
189.60
+8.00%
175.56
+9.53%
160.28
+9.86%
145.89
Other Properties
16.55
-0.89%
16.70
-11.33%
18.84
+4.87%
17.96
Leases
3.20
+23.90%
2.58
+32.48%
1.95
+15.05%
1.69
Goodwill And Other Intangible Assets
34.19
+39.32%
24.54
+1.61%
24.15
+194.23%
8.21
Goodwill
11.01
+42.04%
7.75
+0.00%
7.75
0.00
Other Intangible Assets
23.18
+38.06%
16.79
+2.38%
16.40
+99.82%
8.21
Non Current Accounts Receivable
—
—
—
—
Non Current Deferred Assets
—
—
—
—
Non Current Deferred Taxes Assets
—
—
—
—
Other Non Current Assets
0.78
-24.69%
1.04
-46.93%
1.95
-89.33%
18.31
Total Liabilities Net Minority Interest
144.29
-19.24%
178.67
+8.61%
164.51
-2.97%
169.53
Current Liabilities
120.23
-20.61%
151.45
+13.91%
132.95
+0.09%
132.84
Payables And Accrued Expenses
88.75
-21.61%
113.21
+31.67%
85.98
+5.09%
81.82
Payables
73.36
-22.46%
94.62
+36.31%
69.41
+0.02%
69.40
Accounts Payable
70.78
-22.35%
91.16
+35.99%
67.03
-0.52%
67.38
Other Payable
2.58
-25.41%
3.46
+45.40%
2.38
+18.18%
2.01
Current Accrued Expenses
15.39
-17.25%
18.60
+12.24%
16.57
+33.38%
12.42
Employee Benefits
2.54
-69.65%
8.36
-11.07%
9.40
+0.91%
9.31
Current Debt And Capital Lease Obligation
23.00
-18.35%
28.17
-22.80%
36.49
-11.53%
41.24
Current Debt
19.00
-24.60%
25.20
-22.70%
32.60
-13.07%
37.50
Other Current Borrowings
—
—
—
37.50
Current Capital Lease Obligation
4.00
+34.67%
2.97
-23.61%
3.89
+3.85%
3.75
Current Deferred Liabilities
6.20
+43.94%
4.31
-50.98%
8.79
+26.52%
6.95
Current Deferred Revenue
6.20
+43.94%
4.31
-50.98%
8.79
+26.52%
6.95
Other Current Liabilities
0.20
-94.31%
3.43
—
1.42
Total Non Current Liabilities Net Minority Interest
24.06
-11.61%
27.22
-13.72%
31.55
-14.02%
36.70
Long Term Debt And Capital Lease Obligation
13.33
+3.05%
12.94
-5.69%
13.72
+4.01%
13.19
Long Term Capital Lease Obligation
13.33
+3.05%
12.94
-5.69%
13.72
+4.01%
13.19
Defined Pension Benefit
0.36
-92.63%
4.92
-1.40%
4.99
+7.60%
4.63
Non Current Pension And Other Postretirement Benefit Plans
2.54
-69.65%
8.36
-11.07%
9.40
+0.91%
9.31
Tradeand Other Payables Non Current
8.20
+38.24%
5.93
-23.69%
7.77
+192.80%
2.65
Non Current Deferred Liabilities
—
0.00
-100.00%
0.67
-94.20%
11.54
Non Current Deferred Revenue
—
0.00
-100.00%
0.67
-94.20%
11.54
Stockholders Equity
172.75
+3.86%
166.32
+24.11%
134.02
+11.88%
119.78
Common Stock Equity
172.75
+3.86%
166.32
+24.11%
134.02
+11.88%
119.78
Capital Stock
0.23
+0.86%
0.23
+3.57%
0.22
+0.00%
0.22
Common Stock
0.23
+0.86%
0.23
+3.57%
0.22
+0.00%
0.22
Share Issued
91.87
+0.00%
91.87
+3.35%
88.90
+1.21%
87.83
Ordinary Shares Number
88.39
+0.00%
88.39
+3.48%
85.42
+1.26%
84.35
Treasury Shares Number
3.48
+0.00%
3.48
+0.00%
3.48
+0.00%
3.48
Additional Paid In Capital
454.64
+1.63%
447.37
+2.34%
437.16
+1.14%
432.21
Retained Earnings
-253.22
-0.83%
-251.12
+8.74%
-275.19
+2.21%
-281.41
Gains Losses Not Affecting Retained Earnings
-8.82
+12.37%
-10.06
-24.40%
-8.09
+27.51%
-11.16
Treasury Stock
20.09
+0.00%
20.09
+0.00%
20.09
+0.00%
20.09
Other Equity Adjustments
-8.82
+12.37%
-10.06
-24.40%
-8.09
+27.51%
-11.16
Total Equity Gross Minority Interest
172.75
+3.86%
166.32
+24.11%
134.02
+11.88%
119.78
Total Capitalization
172.75
+3.86%
166.32
+24.11%
134.02
+11.88%
119.78
Working Capital
104.98
-4.21%
109.59
+28.95%
84.99
+9.08%
77.91
Invested Capital
191.75
+0.12%
191.53
+14.95%
166.62
+5.94%
157.28
Total Debt
36.33
-11.62%
41.11
-18.12%
50.20
-7.77%
54.43
Net Debt
—
—
4.36
-70.02%
14.55
Capital Lease Obligations
17.33
+8.96%
15.91
-9.64%
17.61
+3.97%
16.93
Net Tangible Assets
138.56
-2.27%
141.78
+29.05%
109.87
-1.53%
111.58
Tangible Book Value
138.56
-2.27%
141.78
+29.05%
109.87
-1.53%
111.58
Current Provisions
2.08
-10.67%
2.33
+37.25%
1.69
+20.91%
1.40
Line Of Credit
19.00
-24.60%
25.20
-22.70%
32.60
-13.07%
37.50
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Operating Cash Flow
31.56
+20.45%
26.20
-15.18%
30.89
+730.99%
-4.89
Cash Flow From Continuing Operating Activities
31.56
+20.45%
26.20
-15.18%
30.89
+730.99%
-4.89
Net Income From Continuing Operations
-2.09
-108.69%
24.06
+286.86%
6.22
+131.59%
-19.69
Depreciation Amortization Depletion
14.33
+18.29%
12.11
+21.52%
9.97
-9.72%
11.04
Depreciation
10.84
+4.90%
10.34
+10.72%
9.34
-12.10%
10.62
Amortization Cash Flow
3.48
+96.23%
1.78
+181.01%
0.63
+50.48%
0.42
Depreciation And Amortization
14.33
+18.29%
12.11
+21.52%
9.97
-9.72%
11.04
Amortization Of Intangibles
3.48
+96.23%
1.78
+181.01%
0.63
+50.48%
0.42
Stock Based Compensation
4.09
-4.82%
4.30
+8.43%
3.96
+11.35%
3.56
Operating Gains Losses
0.04
-78.74%
0.21
+239.34%
0.06
+205.00%
0.02
Gain Loss On Sale Of PPE
0.04
-78.74%
0.21
+239.34%
0.06
+205.00%
0.02
Change In Working Capital
15.18
+204.85%
-14.48
-235.66%
10.68
+6035.06%
0.17
Change In Receivables
52.57
+213.72%
-46.22
-1850.38%
-2.37
-112.86%
18.43
Changes In Account Receivables
52.57
+213.72%
-46.22
-1850.38%
-2.37
-112.86%
18.43
Change In Inventory
-2.13
-127.98%
7.61
+20.67%
6.30
+156.50%
-11.15
Change In Payables And Accrued Expense
-27.19
-200.97%
26.93
+15941.18%
-0.17
+97.25%
-6.17
Change In Payable
-27.19
-200.97%
26.93
+15941.18%
-0.17
+97.25%
-6.17
Change In Account Payable
-22.10
-195.97%
23.03
+1347.00%
-1.85
+8.47%
-2.02
Change In Other Working Capital
-0.82
+82.12%
-4.57
+53.46%
-9.83
-650.95%
1.78
Change In Other Current Assets
-4.24
-170.97%
5.98
-71.23%
20.77
+543.99%
3.23
Change In Other Current Liabilities
-3.00
+28.38%
-4.20
-4.02%
-4.03
+32.05%
-5.94
Investing Cash Flow
-24.00
-45.75%
-16.46
+21.11%
-20.87
-68.02%
-12.42
Cash Flow From Continuing Investing Activities
-24.00
-45.75%
-16.46
+21.11%
-20.87
-68.02%
-12.42
Net PPE Purchase And Sale
-13.61
+6.67%
-14.58
-46.47%
-9.96
+4.86%
-10.46
Purchase Of PPE
-13.61
+6.67%
-14.58
-46.47%
-9.96
+4.86%
-10.46
Sale Of PPE
—
—
0.00
0.00
Capital Expenditure
-17.43
-5.85%
-16.46
-27.64%
-12.90
-3.85%
-12.42
Capital Expenditure Reported
-3.82
-102.76%
-1.88
+36.04%
-2.94
-50.43%
-1.96
Net Investment Purchase And Sale
—
—
—
—
Sale Of Investment
—
—
—
—
Net Business Purchase And Sale
-6.57
0.00
+100.00%
-7.97
0.00
Purchase Of Business
-6.57
0.00
+100.00%
-7.97
0.00
Net Intangibles Purchase And Sale
—
—
-2.94
-50.43%
-1.96
Purchase Of Intangibles
—
—
-2.94
-50.43%
-1.96
Financing Cash Flow
-5.51
-262.02%
-1.52
+68.69%
-4.86
-121.03%
23.11
Cash Flow From Continuing Financing Activities
-5.51
-262.02%
-1.52
+68.69%
-4.86
-121.03%
23.11
Net Issuance Payments Of Debt
-6.20
+16.22%
-7.40
-51.02%
-4.90
-121.59%
22.70
Repayment Of Debt
-6.20
+16.22%
-7.40
-51.02%
-4.90
—
Short Term Debt Payments
-6.20
+16.22%
-7.40
-51.02%
-4.90
—
Net Short Term Debt Issuance
-6.20
+16.22%
-7.40
-51.02%
-4.90
-121.59%
22.70
Proceeds From Stock Option Exercised
0.69
-88.26%
5.88
+14971.79%
0.04
-90.49%
0.41
Changes In Cash
2.05
-75.05%
8.21
+59.27%
5.16
-11.01%
5.79
Effect Of Exchange Rate Changes
1.01
+188.58%
-1.14
-955.64%
0.13
+77.33%
0.07
Beginning Cash Position
35.31
+25.05%
28.24
+23.05%
22.95
+34.36%
17.08
End Cash Position
38.37
+8.66%
35.31
+25.05%
28.24
+23.05%
22.95
Free Cash Flow
14.13
+45.15%
9.73
-45.89%
17.99
+203.88%
-17.32
Interest Paid Supplemental Data
3.61
-22.87%
4.68
-22.48%
6.04
+74.77%
3.46
Income Tax Paid Supplemental Data
2.65
+135.14%
1.13
-60.30%
2.84
+51.74%
1.87
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

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