Northland Capmk Forecasts Ciena's Q4 Earnings (NYSE:CIEN)

Ciena Co. (NYSE:CIEN - Free Report) - Stock analysts at Northland Capmk reduced their Q4 2025 earnings per share estimates for shares of Ciena in a research note issued on Wednesday, March 12th. Northland Capmk analyst T. Savageaux now forecasts that the communications equipment provider will post earnings of $0.53 per share for the quarter, down from their previous estimate of $0.55. 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.

A number of other brokerages also recently weighed in on CIEN. Citigroup upped their target price on Ciena from $84.00 to $98.00 and gave the company a "buy" rating in a report on Friday, December 13th. JPMorgan Chase & Co. raised Ciena from a "neutral" rating to an "overweight" rating and boosted their price target for the company from $84.00 to $88.00 in a research note on Tuesday, January 28th. B. Riley reissued a "buy" rating and issued a $89.00 price target (down previously from $97.00) on shares of Ciena in a research note on Wednesday, March 12th. Barclays set a $100.00 price target on Ciena and gave the company an "overweight" rating in a research note on Wednesday, March 12th. Finally, Stifel Nicolaus reissued a "buy" rating and issued a $82.00 price target (up previously from $75.00) on shares of Ciena in a research note on Tuesday, December 10th. Four equities research analysts have rated the stock with a hold rating, nine have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $81.38.

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Ciena Stock Down 2.1 %

Shares of CIEN traded down $1.40 during trading hours on Friday, reaching $64.28. The company's stock had a trading volume of 1,672,445 shares, compared to its average volume of 1,904,542. The firm has a market cap of $9.14 billion, a price-to-earnings ratio of 112.77, a P/E/G ratio of 1.54 and a beta of 0.91. Ciena has a 1-year low of $43.30 and a 1-year high of $101.44. 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 company has a 50 day moving average of $81.92 and a two-hundred day moving average of $73.48.

Institutional Investors Weigh In On Ciena

Hedge funds have recently modified their holdings of the business. Greenleaf Trust raised its stake in shares of Ciena by 2.8% in the fourth quarter. Greenleaf Trust now owns 4,978 shares of the communications equipment provider's stock valued at $422,000 after purchasing an additional 136 shares in the last quarter. Annis Gardner Whiting Capital Advisors LLC raised its stake in shares of 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 purchasing an additional 151 shares in the last quarter. Bessemer Group Inc. raised its stake in shares of 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 purchasing an additional 151 shares in the last quarter. US Bancorp DE raised its stake in shares of Ciena by 1.5% in the fourth quarter. US Bancorp DE now owns 10,459 shares of the communications equipment provider's stock valued at $887,000 after purchasing an additional 152 shares in the last quarter. Finally, Coldstream Capital Management Inc. raised its stake in shares of Ciena by 3.8% in the third quarter. Coldstream Capital Management Inc. now owns 4,742 shares of the communications equipment provider's stock valued at $292,000 after purchasing an additional 175 shares in the last quarter. 91.99% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other news, SVP Dino Diperna sold 2,682 shares of the stock in a transaction that occurred on Thursday, December 26th. The stock was sold at an average price of $87.64, for a total value of $235,050.48. Following the completion of the sale, the senior vice president now directly owns 50,607 shares of the company's stock, valued at approximately $4,435,197.48. This represents a 5.03 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Gary B. Smith sold 6,800 shares of the stock in a transaction that occurred on Monday, March 3rd. The shares were sold at an average price of $76.41, for a total value of $519,588.00. Following the completion of the sale, the chief executive officer now directly owns 398,549 shares of the company's stock, valued at $30,453,129.09. This represents a 1.68 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 59,942 shares of company stock valued at $5,025,949 over the last 90 days. 0.93% of the stock is currently owned by company insiders.

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.