CERAGON NETWORKS LTD (CRNT) Stock Analysis — April 2026 Rating, Price, and Forecast
Company Overview — What Does CERAGON NETWORKS LTD Do?
Ceragon Networks Ltd. provides wireless backhaul solutions that enable cellular operators and other wireless service providers to deliver voice and data services. Its wireless backhaul solutions use microwave and millimeter wave technology to transfer telecommunication traffic between base stations, small/distributed cells, and the core of the service provider's network. The company also offers wireless fronthaul solutions that use microwave technology for ultra-high speed, ultra-low latency communication for wireless 5G and 4G base stations. In addition, 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-50C, IP-50S, and IP-50FX for various short-haul, long-haul, fronthaul, and enterprise access applications. Further, the company offers network management system; and network and radio planning, site survey, solutions development, installation, network auditing and optimization, maintenance, training, and other services. It provides its services to smart-phone applications, such as internet browsing, social networking, image sharing, music, and video applications; 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. It operates in North America, Europe, Africa, the Asia Pacific, the Middle East, India, and Latin America. 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 Tel Aviv, Israel. CERAGON NETWORKS LTD (CRNT) is classified as a micro-cap stock in the Technology sector, specifically within the Electronic Equipment industry. The company is led by CEO Doron O. Arazi and employs approximately 1,340 people. With a market capitalization of $196M, CRNT is one of the notable companies in the Technology sector.
CERAGON NETWORKS LTD (CRNT) Stock Rating — Hold (April 2026)
As of April 2026, CERAGON NETWORKS LTD receives a Hold rating with a composite score of 52.1/100 and 3 out of 5 stars from the Blank Capital Research quantitative model.CRNT ranks #894 out of 4,446 stocks in our coverage universe. Within the Technology sector, CERAGON NETWORKS LTD ranks #86 of 584 stocks, placing it in the top quartile of its Technology peers. The rating is generated by a multi-factor model that weighs quality (30%), momentum (25%), value (15%), investment (10%), stability (10%), and short interest (10%).
CRNT Stock Price and 52-Week Range
CERAGON NETWORKS LTD (CRNT) currently trades at $2.37. The stock gained $0.03 (1.3%) in the most recent trading session. The 52-week high for CRNT is $2.84, which means the stock is currently trading -16.5% from its annual peak. The 52-week low is $1.82, putting the stock 30.2% above its annual trough. Recent trading volume was 351K shares, suggesting relatively thin trading activity.
Is CRNT Overvalued or Undervalued? — Valuation Analysis
CERAGON NETWORKS LTD (CRNT) carries a value factor score of 93/100 in the Blank Capital model, suggesting the stock trades at a meaningful discount to its fundamental earning power. The trailing price-to-earnings ratio is 8.50x, compared to the Technology sector average of 45.27x — a discount of 81%. The price-to-book ratio stands at 1.24x, versus the sector average of 3.16x. The price-to-sales ratio is 0.13x, compared to 1.06x for the average Technology stock. On an enterprise value basis, CRNT trades at 1.25x EV/EBITDA, versus 12.79x for the sector.
Based on these multiples, CERAGON NETWORKS LTD appears attractively valued relative to both its sector peers and the broader market. Value-oriented investors may find the current entry point compelling, particularly if the company's fundamental quality metrics also score well.
CERAGON NETWORKS LTD Profitability — ROE, Margins, and Quality Score
CERAGON NETWORKS LTD (CRNT) earns a quality factor score of 44/100, signaling below-average profitability metrics relative to the broader market. The return on equity (ROE) is 57.9%, compared to the Technology sector average of -1.4%, which demonstrates strong shareholder value creation. Return on assets (ROA) comes in at 27.9% versus the sector average of -1.0%.
On a margin basis, CERAGON NETWORKS LTD reports gross margins of 34.7%, compared to 50.9% for the sector. The operating margin is 9.8% (sector: -0.5%). Net profit margin stands at 6.1%, versus -1.5% for the average Technology stock. Profitability is below benchmark levels, which may reflect industry headwinds, elevated reinvestment, or structural challenges.
CRNT Debt, Balance Sheet, and Financial Health
CERAGON NETWORKS LTD has a debt-to-equity ratio of 15.0%, compared to the Technology sector average of 43.0%. The low leverage indicates a conservative balance sheet with significant financial flexibility. Total debt on the balance sheet is $25M. Cash and equivalents stand at $35M.
CRNT has a beta of 1.05, meaning it is roughly in line with the broader market in terms of price volatility. The stability factor score for CERAGON NETWORKS LTD is 46/100, reflecting average volatility within the normal range for its sector.
CERAGON NETWORKS LTD Revenue and Earnings History — Quarterly Trend
In TTM 2026, CERAGON NETWORKS LTD reported revenue of $394M and earnings per share (EPS) of $0.28. Net income for the quarter was $24M. Gross margin was 34.7%. Operating income came in at $39M.
In FY 2024, CERAGON NETWORKS LTD reported revenue of $394M and earnings per share (EPS) of $0.28. Net income for the quarter was $24M. Gross margin was 34.7%. Revenue grew 13.5% year-over-year compared to FY 2023. Operating income came in at $39M.
In FY 2023, CERAGON NETWORKS LTD reported revenue of $347M and earnings per share (EPS) of $0.07. Net income for the quarter was $6M. Gross margin was 34.5%. Revenue grew 17.6% year-over-year compared to FY 2022. Operating income came in at $21M.
In FY 2022, CERAGON NETWORKS LTD reported revenue of $295M and earnings per share (EPS) of $-0.23. Net income for the quarter was $-20M. Gross margin was 31.5%. Revenue grew 1.5% year-over-year compared to FY 2021. Operating income came in at $-11M.
Over the past 8 quarters, CERAGON NETWORKS LTD has demonstrated a growth trajectory, with revenue expanding from $344M to $394M. Investors analyzing CRNT stock should weigh these quarterly trends alongside the valuation and quality metrics discussed above.
CRNT Dividend Yield and Income Analysis
CERAGON NETWORKS LTD (CRNT) does not currently pay a dividend. This is common among smaller companies in the Electronic Equipment industry that prefer to reinvest cash flows into business expansion rather than returning capital to shareholders. Income-focused investors looking for Technology dividend stocks may want to explore other Technology stocks or use the stock screener to filter by dividend yield.
CRNT Momentum and Technical Analysis Profile
CERAGON NETWORKS LTD (CRNT) has a momentum factor score of 46/100, reflecting neutral trend characteristics. The stock is neither significantly outperforming nor underperforming the broader market on a momentum basis. The investment factor score is 40/100, which measures capital allocation efficiency and asset growth patterns. The short interest score of 48/100 reflects moderate short selling activity.
CRNT vs Competitors — Technology Sector Ranking and Peer Comparison
Within the Technology sector, CERAGON NETWORKS LTD (CRNT) ranks #86 out of 584 stocks based on the Blank Capital composite score. This places CRNT in the top quartile of all Technology stocks in our coverage universe. Key competitors and sector peers include IHS Holding Ltd (IHS) with a score of 55.0/100, VERISIGN INC/CA (VRSN) with a score of 56.0/100, ESCO TECHNOLOGIES INC (ESE) with a score of 51.7/100, CareCloud, Inc. (CCLD) with a score of 46.9/100, and MMTec, Inc. (MTC) with a score of 47.4/100.
Comparing CRNT against the S&P 500 benchmark is also instructive for understanding relative performance. Investors can view the full CRNT vs S&P 500 (SPY) comparison to assess how CERAGON NETWORKS LTD stacks up against the broader market across all factor dimensions.
CRNT Next Earnings Date
No upcoming earnings date has been announced for CERAGON NETWORKS LTD (CRNT) at this time. Check the earnings calendar for the latest scheduling updates across all stocks in our coverage universe.
Should You Buy CRNT? — Investment Thesis Summary
CERAGON NETWORKS LTD presents a balanced picture with arguments on both sides. The value score of 93/100 suggests attractive pricing relative to fundamentals.
In summary, CERAGON NETWORKS LTD (CRNT) earns a Hold rating with a composite score of 52.1/100 as of April 2026. The rating is derived from the Blank Capital Research methodology, which combines six factor dimensions into a single quantitative ranking. Investors should consider these quantitative signals alongside their own fundamental research, risk tolerance, and investment time horizon before making buy or sell decisions on CRNT stock.
Related Resources for CRNT Investors
Explore more research and tools: CRNT vs S&P 500 comparison, top Technology stocks, stock screener, our methodology, quality factor explained, value factor explained, momentum factor explained. Compare CRNT head-to-head with peers: CRNT vs IHS, CRNT vs VRSN, CRNT vs ESE.