CRNT Should I Buy
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Ceragon Networks Ltd (CRNT) is a good buy for a beginner investor with a long-term strategy and $50,000-$100,000 available for investment. Despite recent financial challenges, the company is showing signs of recovery with strong demand for its private network solutions, a growing North American backlog, and positive analyst sentiment. Technical indicators and options data suggest a stable entry point, making this a suitable investment for long-term growth.
The stock shows bullish moving averages (SMA_5 > SMA_20 > SMA_200), indicating an upward trend. The MACD is positive and contracting, while RSI is neutral at 76.648. Key support and resistance levels are Pivot: 2.352, R1: 2.528, and R2: 2.636. The stock has an 80% chance of gaining 9.17% in the next month.
The company is expanding its private 5G wireless solutions to international military bases and providing essential connectivity solutions for underserved communities. Analyst coverage has turned positive, with a Buy rating and a $3.50 price target.
The company faced significant financial challenges in 2025, with revenue, net income, EPS, and gross margin all experiencing sharp declines. However, these issues appear to be stabilizing as orders return.
In Q4 2025, revenue dropped by -23.01% YoY to $82.33 million, net income fell by -96.43% YoY to $129,000, and EPS dropped to 0. Gross margin decreased by -10.61% YoY to 33.6%. Despite these declines, the company is entering 2026 with a stabilizing business and a growing backlog.
Lake Street initiated coverage with a Buy rating and a $3.50 price target. Analysts note that the company's challenges with a Tier-1 service provider in India have been resolved, and the North American backlog is up over 100% YoY.
