Ceragon Networks (CRNT) Stock Forecast & Price Target

Ceragon Networks Ltd has demonstrated strong financial growth, with North American sales experiencing a year-over-year increase of 42% and a quarter-over-quarter rise of 29%, contributing approximately $35 million, or 41% of total sales. The company's strategic decision to increase operating expenses to bolster its sales capabilities amidst the introduction of new products reflects confidence in its market position and potential for sustained growth. Additionally, improved order visibility and anticipated demand from key customers such as T-Mobile and significant clients in India further enhance the optimism surrounding Ceragon's future revenue prospects.

Ceragon Networks Ltd has experienced a downturn in its financial outlook, particularly due to a sharp decline in revenue from its key market, India, which accounted for 45% of its total revenues in the first half of 2025. The company has revised its revenue outlook downward by 24% for the second half of the year and expects a further decline in fourth-quarter revenue, which is projected to be 4% below consensus estimates. Additionally, operational cash flow has decreased significantly, falling to $7.1 million in the most recent quarter from $10.8 million in the prior quarter and $13.7 million in the same period last year, indicating potential cash flow challenges ahead.