Needham Maintains Buy Rating on Ceragon Networks (CRNT) Despite PT Adjustment | CRNT Stock News

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May 07, 2025
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On May 7, 2025, Needham analyst Ryan Koontz announced an update on Ceragon Networks (CRNT, Financial), maintaining a "Buy" rating on the stock. Despite retaining the "Buy" rating, Needham has adjusted its price target for CRNT from $6.00 to $4.50 USD. This represents a 25% reduction from the previous price target.

Ceragon Networks (CRNT, Financial) continues to be under the spotlight as it remains on analysts' radar with its "Buy" recommendation status unchanged. The latest adjustment in the price target reflects a recalibration of expectations while affirming confidence in the company's prospects.

Investors are advised to monitor any further communications from analysts and the company to gauge the potential impacts on Ceragon Networks (CRNT, Financial) stock performance, keeping an eye on market conditions and company developments.

Wall Street Analysts Forecast

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Based on the one-year price targets offered by 4 analysts, the average target price for Ceragon Networks Ltd (CRNT, Financial) is $6.75 with a high estimate of $10.00 and a low estimate of $5.00. The average target implies an upside of 224.22% from the current price of $2.08. More detailed estimate data can be found on the Ceragon Networks Ltd (CRNT) Forecast page.

Based on the consensus recommendation from 4 brokerage firms, Ceragon Networks Ltd's (CRNT, Financial) average brokerage recommendation is currently 2.0, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.

Based on GuruFocus estimates, the estimated GF Value for Ceragon Networks Ltd (CRNT, Financial) in one year is $2.70, suggesting a upside of 29.69% from the current price of $2.0819. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Ceragon Networks Ltd (CRNT) Summary page.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.