What is Northland Capmk's Estimate for Ciena Q2 Earnings?

Ciena Co. (NYSE:CIEN - Free Report) - Investment analysts at Northland Capmk dropped their Q2 2025 earnings per share estimates for shares of Ciena in a report issued on Wednesday, March 12th. Northland Capmk analyst T. Savageaux now forecasts that the communications equipment provider will post earnings per share of $0.30 for the quarter, down from their previous estimate of $0.31. Northland Capmk has a "Strong-Buy" rating on the stock. The consensus estimate for Ciena's current full-year earnings is $1.60 per share. Northland Capmk also issued estimates for Ciena's Q3 2025 earnings at $0.40 EPS and FY2025 earnings at $1.65 EPS.

A number of other analysts have also recently weighed in on the company. Northland Securities raised Ciena from a "market perform" rating to an "outperform" rating and raised their price objective for the stock from $60.00 to $75.00 in a research report on Wednesday, March 12th. Bank of America raised Ciena from a "neutral" rating to a "buy" rating and raised their price objective for the stock from $70.00 to $95.00 in a research report on Friday, December 13th. B. Riley reissued a "buy" rating and issued a $89.00 price objective (down previously from $97.00) on shares of Ciena in a research report on Wednesday, March 12th. Stifel Nicolaus reiterated a "buy" rating and set a $82.00 price objective (up previously from $75.00) on shares of Ciena in a research note on Tuesday, December 10th. Finally, Morgan Stanley reduced their price objective on Ciena from $80.00 to $76.00 and set an "equal weight" rating for the company in a research note on Wednesday, March 12th. Four investment analysts have rated the stock with a hold rating, nine have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $81.38.

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Ciena Stock Down 0.0 %

NYSE CIEN traded down $0.03 during midday trading on Monday, hitting $65.87. 609,630 shares of the company traded hands, compared to its average volume of 1,900,409. The company has a debt-to-equity ratio of 0.54, a current ratio of 3.55 and a quick ratio of 2.72. The company has a market cap of $9.36 billion, a PE ratio of 115.27, a price-to-earnings-growth ratio of 1.54 and a beta of 0.91. Ciena has a 52 week low of $43.30 and a 52 week high of $101.44. The company's 50-day simple moving average is $81.24 and its 200-day simple moving average is $73.48.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in CIEN. Annis Gardner Whiting Capital Advisors LLC lifted its holdings in Ciena by 108.6% in the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 290 shares of the communications equipment provider's stock valued at $25,000 after acquiring an additional 151 shares during the last quarter. Versant Capital Management Inc lifted its holdings in Ciena by 925.0% in the fourth quarter. Versant Capital Management Inc now owns 328 shares of the communications equipment provider's stock valued at $28,000 after acquiring an additional 296 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. lifted its holdings in Ciena by 328.2% in the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 364 shares of the communications equipment provider's stock valued at $30,000 after acquiring an additional 279 shares during the last quarter. Bessemer Group Inc. lifted its holdings in Ciena by 73.7% in the fourth quarter. Bessemer Group Inc. now owns 356 shares of the communications equipment provider's stock valued at $30,000 after acquiring an additional 151 shares during the last quarter. Finally, Atlas Capital Advisors Inc. lifted its holdings in Ciena by 77.2% in the fourth quarter. Atlas Capital Advisors Inc. now owns 420 shares of the communications equipment provider's stock valued at $36,000 after acquiring an additional 183 shares during the last quarter. 91.99% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Ciena

In other news, SVP Brodie Gage sold 350 shares of the business's stock in a transaction that occurred on Wednesday, January 15th. The stock was sold at an average price of $85.91, for a total transaction of $30,068.50. Following the transaction, the senior vice president now directly owns 49,547 shares in the company, valued at $4,256,582.77. The trade was a 0.70 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Gary B. Smith sold 6,800 shares of the company's stock in a transaction that occurred on Monday, March 17th. The shares were sold at an average price of $65.18, for a total value of $443,224.00. Following the completion of the transaction, the chief executive officer now owns 391,749 shares in the company, valued at $25,534,199.82. This represents a 1.71 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 66,742 shares of company stock worth $5,469,173 in the last ninety days. Insiders own 0.93% of the company's stock.

Ciena Company Profile

Ciena Corporation provides hardware and software services for delivery of video, data, and voice traffic metro, aggregation, and access communications network worldwide. The company's Networking Platforms segment offers convergence of coherent optical transport, open optical networking, optical transport network switching, IP routing, and switching services.