Ceragon Networks (STU:GGN) Research & Development: €25.9 Mil (TTM As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

STU:GGN Ceragon Networks Ltd STU:GGN
65 GF Score
Price €1.98
GF Value €1.90
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Ceragon Networks Research & Development?

Ceragon Networks STU:GGN -1.88% 65 Research & Development is €25.9 Mil as of Mar. 2026. GuruFocus rates STU:GGN with a GF Score™ of 65/100 and a GF Value™ of €1.90 (Fairly Valued). The stock has 3 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Ceragon Networks's Research & Development for the three months ended in Mar. 2026 was €6.9 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was €25.9 Mil.


Ceragon Networks  (STU:GGN) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.


Ceragon Networks Research & Development Related Terms


Ceragon Networks Research & Development Historical Data

* Premium members only.

The historical data trend for Ceragon Networks's Research & Development can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Ceragon Networks Research & Development Chart

Ceragon Networks Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Research & Development
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26.08 28.03 29.60 33.38 25.99

Ceragon Networks Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Research & Development Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.63 6.36 5.93 6.74 6.87
STU:GGN
65GF Score
Ceragon Networks Ltd STU:GGN
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ceragon Networks Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €25.9 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Research & Development →
What does a Research & Development of €25.9 Mil mean?
Ceragon Networks (STU:GGN) has a Research & Development of €25.9 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Ceragon Networks and its competitors.
Is Ceragon Networks' Research & Development too high?
Ceragon Networks' current Research & Development is €25.9 Mil. Overall, Ceragon Networks has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ceragon Networks' Research & Development compare to SILC and LTRX?
Ceragon Networks' Research & Development of €25.9 Mil can be compared against companies in the Hardware industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Research & Development for a Hardware company?
A good Research & Development depends on the Hardware industry context. However, Research & Development should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Research & Development mean?
A high Research & Development can signal that a stock is expensive relative to its fundamentals. Research and development expense is the total cost for research and development activities. View historical data on Ceragon Networks and its competitors. Ceragon Networks's current Research & Development is €25.9 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ceragon Networks stock overvalued right now?
Based on GuruFocus' analysis, Ceragon Networks (STU:GGN) is currently considered Fairly Valued. The stock's GF Value™ is €1.90, compared to a current price of €1.98 — trading 4.3% above its estimated fair value. The current Research & Development is €25.9 Mil. Ceragon Networks' overall GF Score™ is 65/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Research & Development calculated?
Research & Development is calculated from a company's financial statements. For Ceragon Networks (STU:GGN), the current Research & Development is €25.9 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Ceragon Networks (STU:GGN) Overvalued in 2026?

Based on GuruFocus' analysis, Ceragon Networks stock appears to be overvalued. The current stock price of €1.98 is trading 4.3% above its estimated GF Value™ of €1.90. GuruFocus considers Ceragon Networks to be Fairly Valued.

Key valuation signals for STU:GGN:

  • Research & Development: €25.9 Mil
  • GF Value™: €1.90 vs. price of €1.98 (4.3% above fair value)
  • GF Score™: 65/100 with 3 warning signs

No single metric tells the full story. See the STU:GGN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ceragon Networks Business Description

Other Exchanges CRNT:USA
Address 3 Uri Ariav Street, Building. A (7th Floor), PO Box 112, Rosh Ha’Ayin, ISR, 4810002
Ceragon Networks Ltd is a wireless transport specialist, providing wireless connectivity solutions to markets globally across various industries, including wireless (mobile) network service providers and private networks, enabling them to build new networks and evolve networks towards 4G and 5G services. Its portfolio mainly comprises the IP-20 and IP-50 product series, including integrated multi-technology radio units operating across frequencies from 4 GHz to 86 GHz, as well as single-radio devices used for wireless data transport. Additionally, the company offers turnkey services including: network and radio planning, site survey, installation, network auditing and optimization, and more. Geographically, it derives maximum revenue from India, followed by North America and other regions.
65GF Score

Get the complete analysis for STU:GGN

Research & Development is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€1.98
Price
€1.90
GF Value