Israel's Ceragon Q4 revenue slightly beats analyst expectations

Ceragon Networks

17/02/2026 12:12

Removes incorrect comparison with consensus estimate for Pretax Profit in Key Details table

Overview

Israel wireless connectivity provider's Q4 revenue slightly beat analyst expectations

Q4 operating income and pretax profit missed analyst estimates

Results consistent with January update; 2026 revenue guidance reiterated

Outlook

Ceragon expects 2026 revenue between $355 mln and $385 mln

Company forecasts non-GAAP operating margin of 6.5% to 7.5% for 2026

Ceragon monitoring currency fluctuations closely in 2026

Result Drivers

NORTH AMERICAN MOMENTUM - Revenue in Q4 was slightly less than Q3's record, with backlog nearly double entering 2026

INDIA STABILITY - Revenue in India remained stable sequentially from Q3 2025, tracking expectations

BALANCE SHEET IMPROVEMENT - Ended 2025 with $38.4 mln in cash and a net cash position of $19.4 mln, up from $10.1 mln in 2024

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Slight Beat*
$82.33 mln
$82.09 mln (5 Analysts)
Q4 EPS
$0
Q4 Net Income
$129,000
Q4 Operating Income
Miss
$2.37 mln
$3.91 mln (4 Analysts)
Q4 Pretax Profit
$710,000
Q4 Basic EPS
$0


*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the communications & networking peer group is "buy"

Wall Street's median 12-month price target for Ceragon Networks Ltd is $3.75, about 65.9% above its February 13 closing price of $2.26

The stock recently traded at 14 times the next 12-month earnings vs. a P/E of 13 three months ago

Press Release: ID:nPnS0j7Ma

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

 (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)