Ceragon Networks Ltd. (NASDAQ:CRNT) is one of the
15 Best Tech Stocks with Huge Upside Potential.
On May 20, 2026, Craig-Hallum analyst Christian Schwab raised the firmโs price target on Ceragon Networks Ltd. (NASDAQ:CRNT) to $4 from $3 and maintained a Buy rating on the shares. Schwab cited the companyโs solid Q1 results and reiterated full-year revenue guidance of $355M-$385M.
Roth Capital analyst Scott Searle also raised the firmโs price target on Ceragon Networks Ltd. (NASDAQ:CRNT) to $4.50 from $3.75 and maintained a Buy rating on the shares. Searle said the company reported โsolidโ Q1 results despite a difficult operating environment and called the maintained annual guidance โa solid outcome.โ
On May 19, 2026, Ceragon Networks Ltd. (NASDAQ:CRNT) reported Q1 non-GAAP EPS of 1c, in line with the consensus estimate of 1c. Revenue totaled $85.0M, above the consensus estimate of $80.36M. CEO Doron Arazi said the quarter reflected healthy demand across key markets, with strong activity in India. Arazi also cited demand for E-band offerings, progress with the FR2 solution, a successful POC with a major tier North American carrier, and private network wins, while noting pressure on margins from macro and industry-wide cost increases and adverse foreign currency trends.
Ceragon Networks Ltd. (NASDAQ:CRNT) provides wireless transport solutions for cellular operators and other wireless service providers across North America, Europe, Africa, the Asia Pacific, the Middle East, India, and Latin America.
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