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Upturn AI Summary - About
Ceragon Networks Ltd(CRNT)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for CRNT
09/25/2026: CRNT (2-star) is currently NOT-A-BUY. Pass it for now.
Ceragon Networks is a specialized provider of wireless backhaul and fronthaul solutions, crucial for modern 5G mobile network infrastructure. The company distinguishes itself through its focus on flexible, vendor-agnostic technology that appeals to global mobile operators. While it has a leading position in niche microwave solutions, it faces intense competition from much larger, integrated telecom equipment firms. Key growth stories center on the global 5G rollout and expansion into private enterprise networks, though revenue can be volatile due to its reliance on large, cyclical carrier spending. Investors should monitor market share in 5G deployments and margin improvements, as the company operates in a competitive and demanding sector.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
Company fundamentals, valuation, risks, and news provide supporting context about the business.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Mixed fit | The company is linked to 5G infrastructure trends but operates in a cyclical and highly competitive hardware market. |
| Momentum investor | Mixed fit | Stock performance is highly conditional on positive sentiment regarding 5G deployment cycles and specific contract wins. |
| Value investor | Mixed fit | The valuation often reflects the hardware-centric nature of the business, which may offer value if growth projects materialize. |
| Dividend investor | Weak fit | The company does not pay dividends and focuses on reinvesting cash flow into growth. |
| Low-risk investor | Weak fit | Significant exposure to capital expenditure volatility in the telecom sector makes this a higher-risk stock. |
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Price volatility | High | Telecom infrastructure stocks are sensitive to macroeconomic conditions and contract cycles, leading to frequent price swings. |
| Valuation risk | Medium | Investors must weigh the growth potential of 5G against the reality of competing against much larger, diversified industry players. |
| Competition risk (Telecom Infrastructure) | High | Competing against giants like Ericsson and Nokia creates constant margin pressure and barriers to entry for large carrier contracts. |
| Business quality | Medium | The company provides essential networking technology but operates in a sector with high R&D requirements and lumpy revenue cycles. |
| Dividend income | Low / none | The company retains earnings to fund growth, making it unsuitable for income-focused investors. |
| Execution risk | Medium / high | Success depends on the timely delivery of complex infrastructure projects and maintaining relationships with major global carriers. |
Price Behavior
Rolling Over
The price momentum is slowing down and beginning to turn downward.
Moderately Choppy
The stock has experienced noticeable price swings while retaining some directional structure.
Analysis of Past Performance
Type Stock | Historic Profit 21.54% | Avg. Invested days 40 | Today’s Advisory PASS |
Upturn Advisory Rating  | Upturn Advisory Performance  3.0 | Stock Returns Performance  3.0 |
| Profits based on simulation | Last Close 09/25/2026 |
Upturn Scorecard
Upturn Star Rating 
Company Fundamentals
Financial Health Rating
Growth Momentum Score
Ownership
Top 5 Institutional Investors
Unit Economics (Per $1K Revenue)
Economic Dimensions
Quantitative Style Profile
Style Classification
Quality Focused
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 192.60M USD | Price to earnings Ratio - | 1Y Target Price 4.83 |
Price to earnings Ratio - | 1Y Target Price 4.83 | ||
Volume (30-day avg) 316.4K shares | Beta 1.36 | 52 Weeks Range 1.85 - 3.29 | Updated Date 09/27/2026 |
52 Weeks Range 1.85 - 3.29 | Updated Date 09/27/2026 | ||
Dividends yield (FY) - | Basic EPS (TTM) -0.03 |
How Company Makes Money
| Business area | What it includes | Retail investor read |
|---|---|---|
| Product Sales | Microwave and millimeter-wave radio equipment including the IP-20 and IP-50 product families. | Revenue is primarily driven by the hardware needed to connect wireless networks, which fluctuates with 5G rollout phases. |
| Services | Network planning, installation, maintenance, and support services for global mobile operators. | Services provide a more recurring revenue stream that complements hardware sales and deepens customer relationships. |
| Geography | Global distribution across North America, Europe, Asia Pacific, and Latin America. | The company's performance is tied to international mobile carrier spending cycles, particularly in emerging markets and regions modernizing to 5G. |
Analyzing Revenue: Products, Geography and Growth
Revenue by Geography
Geography revenue - Year on Year
Valuation
Trailing PE - | Forward PE 12.52 | Enterprise Value 193.91M | Price to Sales(TTM) 0.56 |
Enterprise Value 193.91M | Price to Sales(TTM) 0.56 | ||
Enterprise Value to Revenue 0.56 | Enterprise Value to EBITDA 10.39 | Shares Outstanding 91.28M | Shares Floating 79.49M |
Shares Outstanding 91.28M | Shares Floating 79.49M | ||
Percent Insiders 14.12 | Percent Institutions 23.16 |
Upturn AI Summary
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.
Financial Metrics
🧭 Investment Snapshot
Total Revenue (Scale)
Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.
Net Income (Profit)
Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.
Free Cash Flow (Cash Strength)
Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.
📈 Growth & Strength
Operating Income (Core Profit)
Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.
EBITDA (Cash Earnings)
Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.
Gross Profit (Unit Profitability)
Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.
🛡️ Financial Safety
Cash (Liquidity Buffer)
Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.
Total Debt (Leverage Risk)
Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.
Net Working Capital (Short-Term Health)
Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.
🧱 Balance Sheet Strength
Stockholder Equity (Net Worth)
Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.
Total Assets (Asset Base)
The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.
Income Before Tax (Pre-Tax Earnings)
Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.
⚙️ Cost & Drag Factors
Cost of Revenue (Production Cost)
Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.
Total Operating Expenses (Operating Cost)
Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.
Income Tax Expense (Tax Drag)
Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.
About Ceragon Networks Ltd
Exchange NASDAQ | Headquarters - | ||
IPO Launch date 2000-08-04 | President & CEO Mr. Doron Arazi | ||
Sector Technology | Industry Communication Equipment | Full time employees 1091 | Website https://www.ceragon.com |
Full time employees 1091 | Website https://www.ceragon.com | ||
Ceragon Networks Ltd. 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-20/50 all-outdoor solutions, such as IP-20C-HP, IP-50E, IP-50EX/EXP/EXA, IP-50C, and IP-50CX; IP-20/50 Split-mount/all-indoor solutions comprising IP-20N/IP-20A, IP-20N/IP-20A, IP-20F and IP-20G; and IP-50 disaggregated solutions including IP-50FX for 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 sells its products through direct sales, resellers, original equipment manufacturers, 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 founded in 1996 and is headquartered in Rosh Haayin, Israel.
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