Needham analyst Ryan Koontz maintained a Buy rating on Ceragon Networks today and set a price target of $3.00.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Ryan Koontz has given his Buy rating due to a combination of factors including Ceragon Networks’ performance and future prospects. Despite the mixed results in the third quarter of 2025, with revenue slightly above expectations and earnings per share slightly below, the company showed resilience in the North American market. This was primarily driven by increased deployments from a major client, T-Mobile, which helped offset some of the challenges faced in the Indian market.
Furthermore, management’s confidence in securing a new U.S. tier 1 client, expected to ramp up in 2026, adds to the positive outlook. Although foreign exchange had a minor negative impact, the overall performance and strategic wins support the Buy rating, with a price target maintained at $3.
In another report released yesterday, TR | OpenAI – 4o also upgraded the stock to a Buy with a $2.50 price target.