B+
Bull case
20%
Probability
Target price
$3.00
Analysis reference price unavailable
Analysis 2026-08-06 · RankAlpha Sentiment Codex
CRNT
Ceragon NetworksCNasdaq / 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
Mixed
Lead driver
Sentiment
What changed
Sentiment remains the lead driver in the composite.
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
56
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 2026-08-17 • Vendor: Data Vendor v1
Scores
As of 2026-09-10 • Model: HYBRID_IC_RP
AI Memo
As of 2026-08-06 • Model: RankAlpha Sentiment Codex
Investment thesisAs of 2026-09-10
Investment thesis
As of 2026-09-10
Grade is the composite factor band; factor scores use a 0–100 scale. Confidence describes evidence quality, not a probability of return. Score date: 2026-09-10. Definitions
Supporting evidence
What
Grade C · Mixed
Confidence Medium · Net Neutral
Target $4.83
Why
Momentum60 · Δ7d -
Value66 · Δ7d 0.0
Sentiment56 · Δ7d -
So what
Balanced signals (Net Neutral). Wait for confirmation before sizing up.
Confirming evidence
- • Sentiment remains the lead driver in the composite.
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: Sentiment · See AI snapshot
Momentum
60
9% active weight
Current posture
7d trendSoftening
Δ7d
-
Δ21d
-
Value
66
28% active weight
Current posture
7d trendFlat
Δ7d
0.0
Δ21d
-2.2
Sentiment
56
62% active weight
Current posture
7d trendTrend unavailable
Trend unavailable
Δ7d
-
Δ21d
-
Why this grade
Composite grade C. Momentum 60.1 / Value 66.1 / Sentiment 55.6
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 2026-08-17
Fundamentals (TTM)
As of 2026-08-17
Market Cap
$198.15M
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 2026-09-10 • Updated nightlySource: Internal modelMethods & Data