Ciena reported a big profit miss. Here’s why the stock is rocketing to a 22-year high.
Ciena’s stock was soaring toward a 22-year high, as order growth and outlook on inventory overshadowed a big profit miss.
Ciena's Strong 2025 Outlook Wins Analyst Confidence: AI Bandwidth And Optical Market Expansion In Focus
Ciena Corp (NYSE:CIEN) stock surged after BofA Securities upgraded it from Neutral to Buy and raised its price target from ...
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Ciena upgraded to Buy at BofA on ‘brighter’ three-year outlook
As previously reported, BofA upgraded Ciena (CIEN) to Buy from Neutral with a price target of $95, up from $70, citing improving North American service provider demand and accelerated cloud and AI ...
Ciena Missed Earnings Estimates. Why The Stock Is Soaring.
FEATURE Shares of Ciena were trading lower after the optical networking equipment company reported disappointing quarterly ...
Ciena Q4 Earnings: Profit Misses Expectations, Margins Decline, Names New Chair
Ciena Corp (NYSE: CIEN) reported Q4 2024 revenue of $1.124B, beating analyst consensus, with adjusted EPS of $0.54. Margins ...
Ciena price target raised to $98 from $84 at Citi
Citi raised the firm’s price target on Ciena (CIEN) to $98 from $84 and keeps a Buy rating on the shares. The stock rallied meaningfully post ...
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Ciena Announces Lawton W. Fitt as Independent Chair of Board of Directors
Ciena® Corporation (NYSE: CIEN) announced the appointment of Lawton W. Fitt as independent Chair of Ciena's Board of Directors, effective1, 2024. Concurrently, Patrick H. Nettles, Ph.D., stepped down ...
Ciena Gears Up For Q4 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts
Analysts expect the Hanover, Maryland-based retailer to report quarterly earnings at 65 cents per share, down from 75 cents ...
Captrust Financial Advisors Grows Stake in Ciena Co. (NYSE:CIEN)
Captrust Financial Advisors raised its stake in Ciena Co. (NYSE:CIEN – Free Report) by 28.7% during the 3rd quarter, ...
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Ciena’s Strategic Positioning and AI Growth Potential Drive Buy Rating with $105 Target
George Notter, an analyst from Jefferies, reiterated the Buy rating on Ciena (CIEN – Research Report). The associated price target was raised to $105.00. Pick the best stocks and maximize your ...