
Cancel anytime
- Chart
- Upturn Summary
- Highlights
- Valuation
- Analyst Ratings
Upturn AI SWOT
- About


Ceragon Networks Ltd (CRNT)



- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- Pass (Skip investing)


(see disclosures)
- ALL
- YEAR
- MONTH
- WEEK
Upturn Advisory Summary
04/01/2025: CRNT (4-star) is currently NOT-A-BUY. Pass it for now.
Analysis of Past Performance
Type Stock | Historic Profit 44.86% | Avg. Invested days 34 | Today’s Advisory PASS |
Upturn Star Rating ![]() ![]() | Upturn Advisory Performance ![]() | Stock Returns Performance ![]() |
![]() ![]() | ![]() ![]() |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 209.66M USD | Price to earnings Ratio 8.74 | 1Y Target Price 6.75 |
Price to earnings Ratio 8.74 | 1Y Target Price 6.75 | ||
Volume (30-day avg) 1467242 | Beta 1.63 | 52 Weeks Range 2.25 - 5.73 | Updated Date 04/1/2025 |
52 Weeks Range 2.25 - 5.73 | Updated Date 04/1/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) 0.27 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 6.1% | Operating Margin (TTM) 10.22% |
Management Effectiveness
Return on Assets (TTM) 8.34% | Return on Equity (TTM) 16.02% |
Valuation
Trailing PE 8.74 | Forward PE 8.43 | Enterprise Value 215456226 | Price to Sales(TTM) 0.53 |
Enterprise Value 215456226 | Price to Sales(TTM) 0.53 | ||
Enterprise Value to Revenue 0.55 | Enterprise Value to EBITDA 4.75 | Shares Outstanding 88839104 | Shares Floating 73067477 |
Shares Outstanding 88839104 | Shares Floating 73067477 | ||
Percent Insiders 18.17 | Percent Institutions 20.93 |
Analyst Ratings
Rating 4.33 | Target Price 6.83 | Buy 2 | Strong Buy 1 |
Buy 2 | Strong Buy 1 | ||
Hold - | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
Ceragon Networks Ltd

Company Overview
History and Background
Ceragon Networks Ltd. was founded in 1996. It is a global innovator and leading provider of 5G wireless transport solutions. It has grown through organic development and strategic acquisitions, focusing on delivering reliable and high-capacity wireless connectivity.
Core Business Areas
- Wireless Backhaul & Fronthaul Solutions: Ceragon provides wireless backhaul and fronthaul solutions for mobile operators, service providers, and private networks. These solutions enable the efficient transport of data from cell sites to the core network.
- Fixed Wireless Access (FWA): Ceragon offers FWA solutions that deliver high-speed internet access to homes and businesses, especially in areas where fiber deployment is challenging or uneconomical.
- Private Networks: Ceragon builds Private Networks for Government and Enterprise customers.
Leadership and Structure
Ceragon Networks is led by a management team with experience in telecommunications. The organizational structure is designed to support its global operations and customer-centric approach.
Top Products and Market Share
Key Offerings
- IP-50 Series: A range of all-outdoor and split-mount microwave and millimeter wave solutions. Competitors include Ericsson (ERIC), Nokia (NOK), and Huawei (Unlisted). Market share difficult to pinpoint, but estimated around 10-15% globally in microwave backhaul.
- Evolution Series: Advanced wireless transport solutions designed for 5G and beyond. Competitors include Ericsson (ERIC), Nokia (NOK). Specific market share data is difficult to obtain; contributes significantly to overall revenue.
- Nabu Platform: Cloud based management platform for wireless backhaul and fronthaul. Competitors are similar to product mentioned above.
Market Dynamics
Industry Overview
The wireless transport industry is driven by the growing demand for bandwidth and the increasing deployment of 5G networks. The market is competitive, with established players and emerging challengers.
Positioning
Ceragon is positioned as a leading provider of wireless transport solutions, with a focus on innovation, reliability, and cost-effectiveness. Its competitive advantages include its technology, global presence, and customer relationships.
Total Addressable Market (TAM)
The total addressable market for wireless transport is estimated to be in the tens of billions of dollars annually. Ceragon is positioned to capture a portion of this market by offering solutions that meet the evolving needs of its customers.
Upturn SWOT Analysis
Strengths
- Strong technology portfolio
- Global presence and customer relationships
- Focus on innovation
- Cost-effective solutions
- Expertise in microwave and millimeter wave technologies
Weaknesses
- Smaller size compared to major competitors
- Dependence on a few key customers
- Vulnerable to economic downturns
- Financial performance volatility
Opportunities
- Growing demand for 5G wireless transport
- Expansion into new markets and applications
- Strategic partnerships and acquisitions
- Increasing adoption of cloud-based management solutions
Threats
- Intense competition from larger players
- Technological obsolescence
- Geopolitical risks
- Supply chain disruptions
- Fluctuations in currency exchange rates
Competitors and Market Share
Key Competitors
- ERIC
- NOK
- CSCO
Competitive Landscape
Ceragon competes with larger companies in the wireless transport market. It differentiates itself through technology, cost-effectiveness, and customer focus. It has advantages in targeted verticals and technology.
Major Acquisitions
Siklu (Partial Technology)
- Year: 2023
- Acquisition Price (USD millions): 4
- Strategic Rationale: Expand product offering and market reach. Siklu went bankrupt and was a distressed sale for the company.
Growth Trajectory and Initiatives
Historical Growth: Historical growth has been variable, with periods of strong growth followed by periods of decline.
Future Projections: Analyst estimates suggest potential for future growth, driven by the deployment of 5G networks and expansion into new markets.
Recent Initiatives: Recent strategic initiatives include partnerships with telecom operators and technology vendors, product development, and expansion into new geographic regions.
Summary
Ceragon Networks is a global provider of wireless transport solutions that enables 5G connectivity. It has a strong technology portfolio and global presence, but smaller size compared to its major competitors means it needs to maintain financial discipline. The company's future growth hinges on capturing new opportunities in the expanding wireless transport market and mitigating potential external threats. The company is focused on growth and cost efficiency.
Similar Companies

CSCO

Cisco Systems Inc



CSCO

Cisco Systems Inc

ERIC

Telefonaktiebolaget LM Ericsson B ADR



ERIC

Telefonaktiebolaget LM Ericsson B ADR

NOK

Nokia Corp ADR



NOK

Nokia Corp ADR
Sources and Disclaimers
Data Sources:
- Company Website
- Industry Reports
- Financial News Outlets
- Analyst Reports
- SEC Filings
Disclaimers:
The information provided is for informational purposes only and should not be considered financial advice. Market share data and financial figures are estimates and may not be precise. Investment decisions should be based on independent research and consultation with a qualified financial advisor.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Ceragon Networks Ltd
Exchange NASDAQ | Headquaters - | ||
IPO Launch date 2000-08-04 | President & CEO Mr. Doron Arazi | ||
Sector Technology | Industry Communication Equipment | Full time employees 1056 | Website https://www.ceragon.com |
Full time employees 1056 | Website https://www.ceragon.com |
Ceragon Networks Ltd., together with its subsidiaries, provides wireless transport solutions for cellular operators and other wireless service providers in North America, Europe, Africa, the Asia Pacific, the Middle East, India, and Latin America. The company's solutions use microwave and millimeter wave radio technology to transfer telecommunication traffic between base stations, small/distributed cells, and the service provider's network. It also 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-50EX, IP-50C, IP-50CX, and IP-50FX for various short-haul, long-haul, fronthaul, small cells, routing, and enterprise access applications. In addition, the company offers network and radio planning, site surveys, solutions development, installation, network rollout, wireless transport network auditing and optimization, maintenance, training, and other services. It serves internet service providers, municipalities, government, utilities, and maritime communications broadcasters and defense, as well as 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. 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 Rosh HaAyin, Israel.
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.