Zacks Research Has Positive Outlook of Ciena FY2025 Earnings

Ciena Corporation (NYSE:CIEN) – Research analysts at Zacks Research lifted their FY2025 earnings per share estimates for Ciena in a research note issued on Tuesday, September 23rd. Zacks Research analyst Team now anticipates that the communications equipment provider will post earnings per share of $1.43 for the year, up from their previous estimate of $1.25. Zacks Research has a “Strong-Buy” rating on the stock. The consensus estimate for Ciena’s current full-year earnings is $1.60 per share. Zacks Research also issued estimates for Ciena’s Q4 2025 earnings at $0.43 EPS, Q1 2026 earnings at $0.44 EPS, Q2 2026 earnings at $0.62 EPS, Q3 2026 earnings at $0.81 EPS, Q4 2026 earnings at $0.98 EPS, FY2026 earnings at $2.86 EPS, Q1 2027 earnings at $0.68 EPS, Q2 2027 earnings at $0.76 EPS, Q3 2027 earnings at $1.09 EPS and FY2027 earnings at $3.67 EPS.

Other analysts have also issued research reports about the stock. Needham & Company LLC lifted their target price on shares of Ciena from $90.00 to $130.00 and gave the company a “buy” rating in a research report on Friday, September 5th. Morgan Stanley raised their price target on shares of Ciena from $70.00 to $100.00 and gave the company an “underweight” rating in a research note on Friday, September 5th. Wall Street Zen upgraded Ciena from a “hold” rating to a “buy” rating in a research note on Friday, September 5th. Rosenblatt Securities increased their target price on Ciena from $100.00 to $127.50 and gave the company a “neutral” rating in a report on Friday, September 5th. Finally, Stifel Nicolaus raised their target price on Ciena from $120.00 to $152.00 and gave the company a “buy” rating in a research report on Tuesday. Three equities research analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $119.46.

Ciena Trading Down 0.8%

Shares of NYSE:CIEN opened at $137.32 on Friday. The business’s 50 day moving average price is $104.25 and its 200-day moving average price is $82.85. Ciena has a 1 year low of $49.21 and a 1 year high of $141.43. The firm has a market capitalization of $19.37 billion, a price-to-earnings ratio of 141.57, a price-to-earnings-growth ratio of 2.00 and a beta of 1.16. The company has a debt-to-equity ratio of 0.55, a current ratio of 3.28 and a quick ratio of 2.52.

Insider Buying and Selling at Ciena

In related news, SVP Jason Phipps sold 2,325 shares of the company’s stock in a transaction dated Tuesday, July 1st. The shares were sold at an average price of $80.50, for a total value of $187,162.50. Following the completion of the sale, the senior vice president owned 84,833 shares of the company’s stock, valued at approximately $6,829,056.50. This represents a 2.67% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, SVP Brodie Gage sold 350 shares of the firm’s stock in a transaction dated Monday, September 15th. The stock was sold at an average price of $132.00, for a total transaction of $46,200.00. Following the sale, the senior vice president owned 42,918 shares of the company’s stock, valued at approximately $5,665,176. The trade was a 0.81% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 37,725 shares of company stock worth $3,602,291 in the last three months. 0.93% of the stock is owned by corporate insiders.

Institutional Trading of Ciena

Several hedge funds have recently made changes to their positions in the company. Bessemer Group Inc. raised its position in Ciena by 50.0% in the first quarter. Bessemer Group Inc. now owns 534 shares of the communications equipment provider’s stock valued at $32,000 after purchasing an additional 178 shares during the period. Bayforest Capital Ltd increased its position in shares of Ciena by 34.7% during the 1st quarter. Bayforest Capital Ltd now owns 636 shares of the communications equipment provider’s stock worth $38,000 after purchasing an additional 164 shares during the last quarter. MassMutual Private Wealth & Trust FSB raised its holdings in Ciena by 66.7% in the 1st quarter. MassMutual Private Wealth & Trust FSB now owns 640 shares of the communications equipment provider’s stock valued at $39,000 after buying an additional 256 shares during the period. AdvisorNet Financial Inc raised its holdings in Ciena by 9,162.5% in the 1st quarter. AdvisorNet Financial Inc now owns 741 shares of the communications equipment provider’s stock valued at $45,000 after buying an additional 733 shares during the period. Finally, Allworth Financial LP lifted its position in Ciena by 107.5% in the second quarter. Allworth Financial LP now owns 718 shares of the communications equipment provider’s stock valued at $58,000 after buying an additional 372 shares during the last quarter. Hedge funds and other 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.