Ceragon Networks (CRNT) Stock Forecast & Price Target

Ceragon Networks Ltd has demonstrated robust growth, with North American sales rising by 42% year-over-year to approximately $35 million, accounting for 41% of total sales, and achieving a sequential quarterly growth of 29%. The company anticipates leveraging its new products by increasing operating expenses to enhance sales capabilities, signaling confidence in future revenue generation. Additionally, improved order visibility and potential upside from major customers, particularly in North America and India, underscore a positive trajectory for the company's financial performance.

Ceragon Networks Ltd faced a deteriorating financial outlook, primarily due to a significant decline in its revenue forecast for key markets, particularly India, which accounted for 45% of total revenues in the first half of 2025. The company reported a 29% decrease in Indian sales, with a year-over-year drop of 51%, leading to a revenue outlook reduction of 24% for the second half of 2025 and a corresponding EPS decrease of $0.19. Additionally, cash generated from operations declined to $7.1 million, marking a decrease from both the previous quarter and the same period last year, further indicating financial stress.