B+
Bull case
20%
Probability
Target price
$3.00
Analysis reference price unavailable
Analysis 2026-08-06 · RankAlpha Sentiment Codex
CRNT
Ceragon NetworksANasdaq / Technology Hardware & Equipment
Last Price
Quote time unavailable
Current thesis
India demand, a new five-year approximately $70 million APAC agreement, more than $10 million of selected Q2 private-network bookings, and FR2/Tier-1 progress provide credible operating hooks [#PR-2026-07-21] [#PR-2026-07-23] [#PR-2026-07-28].
Posture
Constructive
Lead driver
Value
What changed
Value remains the lead driver in the composite, 7D delta +0.3.
What can break
Gross-margin pressure from geographic or product mix, industry costs, and foreign exchange remains a risk [#IR-2026-05-19].
Momentum
60
Value
66
Sentiment
58
Setup hits (3d)
0 · Net Neutral
AI TargetsBase $2.10 · Bull $3.00 · Bear $1.65Analysis 2026-08-06; returns require an exact persisted reference.
Data freshness
Prices
Unavailable: Price unavailable
Fundamentals
As of 2026-10-23 • Vendor: Data Vendor v1
Scores
As of 2026-10-23 • Model: HYBRID_IC_RP
AI Memo
As of 2026-08-06 • Model: RankAlpha Sentiment Codex
Investment thesisAs of 2026-10-23
Investment thesis
As of 2026-10-23
Grade is the composite factor band; factor scores use a 0–100 scale. Confidence describes evidence quality, not a probability of return. Score date: 2026-10-23. Definitions
Supporting evidence
What
Grade A · Constructive
Confidence Medium · Net Neutral
Target $4.83
Why
Momentum60 · Δ7d -
Value66 · Δ7d +0.3
Sentiment58 · Δ7d -
So what
Strength-led posture (Net Neutral). Favor watchlist adds and disciplined entries.
Confirming evidence
- • Value remains the lead driver in the composite, 7D delta +0.3.
Contradictions & invalidation
- • Gross-margin pressure from geographic or product mix, industry costs, and foreign exchange remains a risk [#IR-2026-05-19].
- • Low coverage, sparse news, and a loose peer set materially limit confidence in forward estimates and valuation.
- • Q1 revenue declined 4.1% year over year, near-term component timing and mix may pressure Q2, and the conversion of bookings into revenue remains uncertain.
Catalyst clock
2026-08-11
Q2 2026 results are scheduled for August 11
Lead driver: Value · See fundamentals
Momentum
60
8% active weight
Current posture
7d trendTrend unavailable
Trend unavailable
Δ7d
-
Δ21d
-
Value
66
47% active weight
Current posture
7d trendFlat
Δ7d
+0.3
Δ21d
+0.6
Sentiment
58
45% active weight
Current posture
7d trendTrend unavailable
Trend unavailable
Δ7d
-
Δ21d
-
Why this grade
Composite grade A. Momentum 60.1 / Value 66.3 / Sentiment 58.0
Scenario snapshot
Scenario probability is memo-authored likelihood, not forecast certainty. Targets belong to the analysis dated 2026-08-06. Scenario method
Most likely
B
Base case
40%
Probability
Target price
$2.10
Analysis reference price unavailable
Analysis 2026-08-06 · RankAlpha Sentiment Codex
B-
Bear case
40%
Probability
Target price
$1.65
Analysis reference price unavailable
Analysis 2026-08-06 · RankAlpha Sentiment Codex
Fundamentals (TTM)As of 2026-10-23
Fundamentals (TTM)
As of 2026-10-23
Market Cap
$181.79M
Beta
1.19
Shares Out
90.89M
P/E (TTM)
143.2
P/S (TTM)
0.54
P/FCF (TTM)
48.52
Rev YoY
+14.2%
EPS YoY
+62.0%
Gross Margin
+33.5%
Op Margin
+2.8%
Net Debt
-$2.04M
Current Ratio
1.85
As of 2026-10-23 • Updated nightlySource: Internal modelMethods & Data