Ceragon Networks (CRNT) Stock Forecast & Price Target

Ceragon Networks Ltd has demonstrated significant growth in its North American sales, which accounted for 41% of total revenue, achieving a year-over-year increase of 42% and a quarter-over-quarter increase of 29%, highlighting a robust demand for its products. The company's strategic plan to increase operational expenses to bolster its sales capabilities, driven by the launch of new high-capacity wireless connectivity solutions, suggests a proactive approach to harness emerging opportunities. Additionally, improved order visibility in key markets, particularly with major clients like T-Mobile in North America and potential growth in India, underscores a positive trajectory for future revenue expansion.

Ceragon Networks Ltd. experienced a mixed 3Q25 performance, with revenue slightly increasing by 2.4% while earnings per share fell short of consensus by $0.01, leading to a downward revision of the revenue outlook for 2H25 by 24%. The company faced a significant decline in its India market, which contributed 45% of revenues in the first half of 2025, with estimates projecting a continued weak performance of approximately $25 million in 3Q sales, reflecting a year-over-year decrease of 51%. Furthermore, cash generated from operations declined to $7.1 million during the quarter, indicating deteriorating financial health compared to both the prior quarter and the same period last year.