Northland Capmk Weighs in on Ciena’s Q2 Earnings (NYSE:CIEN)

Ciena Co. (NYSE:CIEN) – Analysts at Northland Capmk lowered their Q2 2025 earnings estimates for Ciena in a research note issued on Wednesday, March 12th. Northland Capmk analyst T. Savageaux now forecasts that the communications equipment provider will post earnings of $0.30 per share for the quarter, down from their previous forecast of $0.31. Northland Capmk has a “Strong-Buy” rating on the stock. The consensus estimate for Ciena’s current full-year earnings is $1.60 per share. Northland Capmk also issued estimates for Ciena’s Q3 2025 earnings at $0.40 EPS and FY2025 earnings at $1.65 EPS.

A number of other brokerages have also weighed in on CIEN. Bank of America upgraded shares of Ciena from a “neutral” rating to a “buy” rating and boosted their price objective for the stock from $70.00 to $95.00 in a report on Friday, December 13th. Barclays set a $100.00 price objective on shares of Ciena and gave the stock an “overweight” rating in a report on Wednesday, March 12th. Northland Securities upgraded shares of Ciena from a “market perform” rating to an “outperform” rating and boosted their price objective for the stock from $60.00 to $75.00 in a report on Wednesday, March 12th. Stifel Nicolaus restated a “buy” rating and issued a $82.00 price objective (up from $75.00) on shares of Ciena in a report on Tuesday, December 10th. Finally, Rosenblatt Securities lowered their price target on shares of Ciena from $94.00 to $79.00 and set a “neutral” rating for the company in a report on Friday, March 7th. Four equities research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $81.38.

Ciena Trading Down 2.1 %

Shares of Ciena stock opened at $64.28 on Monday. The firm has a market cap of $9.14 billion, a PE ratio of 112.77, a PEG ratio of 1.54 and a beta of 0.91. The company has a debt-to-equity ratio of 0.54, a current ratio of 3.55 and a quick ratio of 2.72. Ciena has a 1 year low of $43.30 and a 1 year high of $101.44. The company has a 50 day simple moving average of $81.57 and a two-hundred day simple moving average of $73.53.

Insider Buying and Selling

In other Ciena news, CEO Gary B. Smith sold 6,800 shares of the company’s stock in a transaction dated Monday, March 3rd. The shares were sold at an average price of $76.41, for a total transaction of $519,588.00. Following the transaction, the chief executive officer now owns 398,549 shares in the company, valued at approximately $30,453,129.09. This represents a 1.68 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Dino Diperna sold 2,682 shares of the company’s stock in a transaction dated Thursday, December 26th. The shares were sold at an average price of $87.64, for a total transaction of $235,050.48. Following the transaction, the senior vice president now owns 50,607 shares in the company, valued at $4,435,197.48. This represents a 5.03 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 59,942 shares of company stock worth $5,025,949 in the last quarter. Corporate insiders own 0.93% of the company’s stock.

Hedge Funds Weigh In On Ciena

Institutional investors have recently made changes to their positions in the business. Annis Gardner Whiting Capital Advisors LLC lifted its stake in shares of 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 purchasing an additional 151 shares during the period. Versant Capital Management Inc lifted its stake in shares of Ciena by 925.0% in the 4th quarter. Versant Capital Management Inc now owns 328 shares of the communications equipment provider’s stock worth $28,000 after purchasing an additional 296 shares during the period. Bessemer Group Inc. lifted its stake in shares of 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 purchasing an additional 151 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. lifted its stake in shares of Ciena by 328.2% in the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 364 shares of the communications equipment provider’s stock worth $30,000 after purchasing an additional 279 shares during the period. Finally, Atlas Capital Advisors Inc. increased its holdings in Ciena by 77.2% in the 4th quarter. Atlas Capital Advisors Inc. now owns 420 shares of the communications equipment provider’s stock worth $36,000 after acquiring an additional 183 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.