Ciena (NYSE:CIEN) Upgraded at Northland Capmk

Northland Capmk upgraded shares of Ciena (NYSE:CIEN) from a hold rating to a strong-buy rating in a report issued on Wednesday, MarketBeat.com reports. Northland Capmk also issued estimates for Ciena’s Q4 2025 earnings at $0.53 EPS.

Several other analysts also recently commented on CIEN. Northland Securities raised shares of Ciena from a “market perform” rating to an “outperform” rating and upped their price objective for the company from $60.00 to $75.00 in a report on Wednesday. Citigroup upped their price objective on shares of Ciena from $84.00 to $98.00 and gave the stock a “buy” rating in a research report on Friday, December 13th. Stifel Nicolaus restated a “buy” rating and set a $82.00 price objective (up from $75.00) on shares of Ciena in a research report on Tuesday, December 10th. Rosenblatt Securities reduced their target price on shares of Ciena from $94.00 to $79.00 and set a “neutral” rating for the company in a research report on Friday, March 7th. Finally, JPMorgan Chase & Co. upgraded shares of Ciena from a “neutral” rating to an “overweight” rating and increased their target price for the company from $84.00 to $88.00 in a research report on Tuesday, January 28th. Four investment analysts have rated the stock with a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $81.38.

Ciena Trading Up 2.5 %

NYSE CIEN opened at $63.84 on Wednesday. The company has a debt-to-equity ratio of 0.54, a quick ratio of 2.72 and a current ratio of 3.55. The company has a market capitalization of $9.10 billion, a price-to-earnings ratio of 112.00, a price-to-earnings-growth ratio of 1.54 and a beta of 0.91. The company’s 50-day simple moving average is $82.30 and its two-hundred day simple moving average is $73.19. Ciena has a one year low of $43.30 and a one year high of $101.44.

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). The firm had revenue of $1.12 billion during the quarter, compared to the consensus estimate of $1.10 billion. Ciena had a net margin of 2.09% and a return on equity of 4.72%. The firm’s quarterly revenue was down .5% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.56 earnings per share. Equities analysts forecast that Ciena will post 1.6 EPS for the current fiscal year.

Insider Transactions at Ciena

In other Ciena news, SVP Jason Phipps sold 5,648 shares of the stock in a transaction on Thursday, January 2nd. The stock was sold at an average price of $84.64, for a total value of $478,046.72. Following the sale, the senior vice president now directly owns 109,878 shares of the company’s stock, valued at $9,300,073.92. This trade represents a 4.89 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, SVP David M. Rothenstein sold 3,500 shares of the stock in a transaction on Monday, December 16th. The stock was sold at an average price of $89.09, for a total value of $311,815.00. Following the completion of the sale, the senior vice president now directly owns 192,997 shares in the company, valued at $17,194,102.73. This represents a 1.78 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 63,442 shares of company stock worth $5,337,764. 0.93% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. Greenleaf Trust lifted its holdings in shares of Ciena by 2.8% during 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 during the last quarter. Annis Gardner Whiting Capital Advisors LLC lifted its stake in Ciena by 108.6% in the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 290 shares of the communications equipment provider’s stock worth $25,000 after acquiring an additional 151 shares in the last quarter. Bessemer Group Inc. lifted its stake in Ciena by 73.7% in the 4th quarter. Bessemer Group Inc. now owns 356 shares of the communications equipment provider’s stock worth $30,000 after acquiring an additional 151 shares in the last quarter. US Bancorp DE raised its stake in shares of Ciena by 1.5% during the 4th quarter. US Bancorp DE now owns 10,459 shares of the communications equipment provider’s stock worth $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% during the 3rd quarter. Coldstream Capital Management Inc. now owns 4,742 shares of the communications equipment provider’s stock worth $292,000 after purchasing an additional 175 shares in the last quarter. Institutional investors own 91.99% of the company’s stock.

About Ciena

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.