Zacks Research Issues Optimistic Outlook for Ciena Earnings

Ciena Co. (NYSE:CIEN) – Equities research analysts at Zacks Research increased their Q2 2025 EPS estimates for Ciena in a research note issued to investors on Thursday, January 2nd. Zacks Research analyst R. Department now forecasts that the communications equipment provider will post earnings per share of $0.29 for the quarter, up from their previous forecast of $0.24. The consensus estimate for Ciena’s current full-year earnings is $1.13 per share. Zacks Research also issued estimates for Ciena’s Q3 2025 earnings at $0.36 EPS, Q1 2026 earnings at $0.35 EPS and Q2 2026 earnings at $0.49 EPS.

CIEN has been the subject of several other reports. Morgan Stanley downgraded shares of Ciena from an “overweight” rating to an “equal weight” rating and set a $63.00 price objective for the company. in a research report on Monday, October 28th. JPMorgan Chase & Co. cut shares of Ciena from an “overweight” rating to a “neutral” rating and set a $65.00 target price on the stock. in a research note on Monday, October 7th. BNP Paribas cut shares of Ciena from an “outperform” rating to a “neutral” rating and boosted their target price for the stock from $59.00 to $67.00 in a research note on Wednesday, October 9th. Citigroup boosted their target price on shares of Ciena from $84.00 to $98.00 and gave the stock a “buy” rating in a research note on Friday, December 13th. Finally, Rosenblatt Securities boosted their target price on shares of Ciena from $75.00 to $94.00 and gave the stock a “neutral” rating in a research note on Friday, December 13th. Seven equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. According to MarketBeat.com, Ciena currently has a consensus rating of “Moderate Buy” and a consensus price target of $77.00.

Ciena Stock Up 0.4 %

Shares of CIEN opened at $83.61 on Monday. Ciena has a one year low of $43.30 and a one year high of $91.82. The company has a market cap of $11.88 billion, a P/E ratio of 88.95, a P/E/G ratio of 5.95 and a beta of 0.95. The company has a debt-to-equity ratio of 0.53, a current ratio of 4.06 and a quick ratio of 2.99. The firm has a 50 day simple moving average of $74.95 and a two-hundred day simple moving average of $62.06.

Ciena (NYSE:CIEN) last released its quarterly earnings results on Thursday, December 12th. The communications equipment provider reported $0.54 earnings per share for the quarter, missing analysts’ consensus estimates of $0.66 by ($0.12). Ciena had a net margin of 3.44% and a return on equity of 5.98%. The business had revenue of $1.12 billion during the quarter, compared to analyst estimates of $1.10 billion. During the same quarter in the previous year, the firm posted $0.56 earnings per share. The firm’s quarterly revenue was down .5% on a year-over-year basis.

Ciena declared that its Board of Directors has authorized a stock repurchase plan on Wednesday, October 2nd that authorizes the company to buyback $1.00 billion in outstanding shares. This buyback authorization authorizes the communications equipment provider to reacquire up to 10.5% of its stock through open market purchases. Stock buyback plans are usually a sign that the company’s management believes its shares are undervalued.

Insider Buying and Selling

In other Ciena news, SVP Joseph Cumello sold 1,289 shares of the company’s stock in a transaction on Friday, November 15th. The shares were sold at an average price of $68.99, for a total transaction of $88,928.11. Following the sale, the senior vice president now owns 39,486 shares of the company’s stock, valued at approximately $2,724,139.14. This represents a 3.16 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, SVP Dino Diperna sold 2,682 shares of the company’s stock in a transaction on Thursday, December 26th. The shares were sold at an average price of $87.64, for a total transaction of $235,050.48. Following the sale, the senior vice president now directly owns 50,607 shares in the company, valued at $4,435,197.48. This trade represents a 5.03 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 10,971 shares of company stock valued at $871,799 over the last 90 days. 0.83% of the stock is owned by insiders.

Institutional Trading of Ciena

Institutional investors have recently bought and sold shares of the company. Geode Capital Management LLC boosted its position in Ciena by 1.4% during the third quarter. Geode Capital Management LLC now owns 2,408,014 shares of the communications equipment provider’s stock valued at $148,348,000 after acquiring an additional 33,074 shares during the last quarter. Susquehanna Fundamental Investments LLC acquired a new position in shares of Ciena during the second quarter valued at about $5,039,000. Atria Investments Inc acquired a new position in shares of Ciena during the third quarter valued at about $1,988,000. FMR LLC raised its holdings in shares of Ciena by 0.5% during the third quarter. FMR LLC now owns 21,664,066 shares of the communications equipment provider’s stock valued at $1,334,290,000 after purchasing an additional 108,407 shares during the period. Finally, Segall Bryant & Hamill LLC raised its holdings in shares of Ciena by 119.6% during the third quarter. Segall Bryant & Hamill LLC now owns 239,389 shares of the communications equipment provider’s stock valued at $14,744,000 after purchasing an additional 130,399 shares during the period. Institutional investors own 91.99% 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.