According to recent market data, CRNT stock forecast sentiment is supported by new 5G deployment projects in emerging markets. Revenue guidance for 2024 is closely linked to these telecom infrastructure contracts. Are you a shareholder? Although CRNT is currently trading below the industry PE ratio, the adverse prospect of negative growth brings about some degree of risk. We recommend you think about whether you want to increase your portfolio exposure to CRNT, or whether diversifying into another stock may be a better move for your total risk and return. Smart Portfolio is supported by our partner TipRanks. By connecting my portfolio to TipRanks Smart Portfolio I agree to their Terms of Use . The CRNT stock forecast remains mixed as the company balances expansion costs against revenue gains. Key watchpoint: gross margin trends over the next two quarters, given rising component prices globally.
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