Citigroup upgraded Ciena from Sell to Buy and set a new price target of $68.00 from $44.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 3/12/2025 | $75.00 | Market Perform → Outperform | Northland Capital |
| 1/28/2025 | $84.00 → $88.00 | Neutral → Overweight | Analyst |
| 12/13/2024 | $70.00 → $95.00 | Neutral → Buy | BofA Securities |
| 10/28/2024 | $63.00 | Overweight → Equal-Weight | Morgan Stanley |
| 10/15/2024 | $65.00 | Outperform → In-line | Evercore ISI |
| 10/9/2024 | $59.00 → $67.00 | Outperform → Neutral | Exane BNP Paribas |
| 10/7/2024 | $65.00 | Overweight → Neutral | JP Morgan |
| 9/23/2024 | $44.00 → $68.00 | Sell → Buy | Citigroup |
4 - CIENA CORP (0000936395) (Issuer)
4 - CIENA CORP (0000936395) (Issuer)
4 - CIENA CORP (0000936395) (Issuer)
Ciena® Corporation (NYSE:CIEN), the global leader in high-speed connectivity, today announced the appointment of Marc D. Graff as Senior Vice President and Chief Financial Officer (CFO) effective August 1, 2025. Reporting to President and CEO Gary B. Smith as a member of the Executive Leadership Team, he will be based at Ciena's corporate headquarters in Maryland. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250618618051/en/Ciena Appoints Marc D. Graff as Senior Vice President and Chief Financial Officer "Marc brings extensive financial expertise and industry knowledge, particularly in data center-related technologies, to Cien
Global wave services market grows as 39 new hyperscaler data centers are expected before the end of 2025 Ciena (NYSE:CIEN) has compiled a new report on wavelength services – the first of its kind – that explores the key drivers of the need for high-speed connectivity. The report examines the critical role of wave services in enabling the expansion of interconnected data centers driven by Artificial Intelligence (AI), the growing importance of low latency and data sovereignty for AI workloads, and the build-out of terrestrial and critical submarine network infrastructure. It also highlights the pivotal role of managed optical fiber network (MOFN) business models to expand high-speed connec
Ciena® Corporation (NYSE:CIEN), a networking systems, services and software company, today announced unaudited financial results for its fiscal second quarter ended May 3, 2025. Q2 Revenue: $1.13 billion Q2 Net Income per Share: $0.06 GAAP; $0.42 adjusted (non-GAAP) Share Repurchases: Repurchased approximately 1.2 million shares of common stock for an aggregate price of $84.3 million during the quarter "Our strong fiscal second quarter results demonstrate our continued global leadership in high-speed connectivity with growing momentum across all of our business segments," said Gary Smith, president and CEO, Ciena. "With accelerating demand driven by cloud and AI, our performan
8-K - CIENA CORP (0000936395) (Filer)
10-Q - CIENA CORP (0000936395) (Filer)
8-K - CIENA CORP (0000936395) (Filer)
Northland Capital upgraded Ciena from Market Perform to Outperform and set a new price target of $75.00
Analyst upgraded Ciena from Neutral to Overweight and set a new price target of $88.00 from $84.00 previously
BofA Securities upgraded Ciena from Neutral to Buy and set a new price target of $95.00 from $70.00 previously