Ciena Co. (NYSE:CIEN - Free Report) - Equities researchers at B. Riley lowered their Q4 2025 earnings per share estimates for Ciena in a research report issued on Tuesday, March 11th. B. Riley analyst D. Kang now anticipates that the communications equipment provider will earn $0.43 per share for the quarter, down from their previous forecast of $0.51. B. Riley has a "Buy" rating and a $89.00 price objective on the stock. The consensus estimate for Ciena's current full-year earnings is $1.60 per share. B. Riley also issued estimates for Ciena's Q1 2026 earnings at $0.22 EPS and Q2 2026 earnings at $0.46 EPS.
A number of other brokerages have also weighed in on CIEN. Northland Capmk upgraded Ciena from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, March 12th. Morgan Stanley lowered their target price 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. Bank of America upgraded Ciena from a "neutral" rating to a "buy" rating and raised their target price for the company from $70.00 to $95.00 in a research note on Friday, December 13th. Stifel Nicolaus restated a "buy" rating and issued a $82.00 target price (up from $75.00) on shares of Ciena in a research note on Tuesday, December 10th. Finally, Rosenblatt Securities lowered their target price on Ciena from $94.00 to $79.00 and set a "neutral" rating for the company in a research note on Friday, March 7th. Four research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $81.38.
Check Out Our Latest Stock Analysis on Ciena
Ciena Price Performance
Ciena stock traded down $1.40 during mid-day trading on Friday, hitting $64.28. 1,672,445 shares of the company were exchanged, compared to its average volume of 1,904,542. The company has a quick ratio of 2.72, a current ratio of 3.55 and a debt-to-equity ratio of 0.54. The business has a fifty day moving average of $81.92 and a 200 day moving average of $73.48. Ciena has a 1-year low of $43.30 and a 1-year high of $101.44. The company has a market capitalization of $9.14 billion, a PE ratio of 112.77, a price-to-earnings-growth ratio of 1.54 and a beta of 0.91.
Hedge Funds Weigh In On Ciena
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in CIEN. Price T Rowe Associates Inc. MD boosted its holdings in Ciena by 195.9% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 4,626,153 shares of the communications equipment provider's stock worth $392,345,000 after buying an additional 3,062,883 shares during the last quarter. Polar Capital Holdings Plc raised its position in shares of Ciena by 113.7% during the fourth quarter. Polar Capital Holdings Plc now owns 2,169,406 shares of the communications equipment provider's stock worth $183,987,000 after purchasing an additional 1,154,260 shares during the period. Point72 Asset Management L.P. acquired a new stake in shares of Ciena during the third quarter worth about $57,861,000. Marshall Wace LLP raised its position in shares of Ciena by 4,215.9% during the fourth quarter. Marshall Wace LLP now owns 899,828 shares of the communications equipment provider's stock worth $76,314,000 after purchasing an additional 878,979 shares during the period. Finally, Stephens Investment Management Group LLC acquired a new stake in shares of Ciena during the fourth quarter worth about $56,997,000. Institutional investors own 91.99% of the company's stock.
Insider Activity at Ciena
In other Ciena news, SVP Dino Diperna sold 2,682 shares of the firm's stock in a transaction dated Thursday, December 26th. The stock was sold at an average price of $87.64, for a total transaction of $235,050.48. Following the transaction, the senior vice president now owns 50,607 shares in the company, valued at approximately $4,435,197.48. This trade represents a 5.03 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Gary B. Smith sold 6,800 shares of the firm's stock in a transaction dated Monday, March 3rd. The stock was sold at an average price of $76.41, for a total value of $519,588.00. Following the transaction, the chief executive officer now owns 398,549 shares in the company, valued at approximately $30,453,129.09. This trade represents a 1.68 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 59,942 shares of company stock worth $5,025,949 over the last 90 days. Insiders own 0.93% of the company's stock.
About Ciena
(
Get Free Report)
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.
Featured Articles
Before you consider Ciena, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Ciena wasn't on the list.
While Ciena currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Looking to profit from the electric vehicle mega-trend? Enter your email address and we'll send you our list of which EV stocks show the most long-term potential.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
