B. Riley Research Analysts Cut Earnings Estimates for Ciena

Ciena Co. (NYSE:CIEN) – B. Riley cut their Q4 2025 EPS estimates for Ciena in a research report issued on Tuesday, March 11th. B. Riley analyst D. Kang now anticipates that the communications equipment provider will earn $0.43 per share for the quarter, down from their previous estimate of $0.51. B. Riley has a “Buy” rating and a $89.00 price target on the stock. The consensus estimate for Ciena’s current full-year earnings is $1.60 per share. B. Riley also issued estimates for Ciena’s Q1 2026 earnings at $0.22 EPS and Q2 2026 earnings at $0.46 EPS.

Other equities research analysts also recently issued research reports about the company. Citigroup increased their target price on Ciena from $84.00 to $98.00 and gave the stock a “buy” rating in a research report on Friday, December 13th. JPMorgan Chase & Co. upgraded Ciena from a “neutral” rating to an “overweight” rating and raised their target price for the stock from $84.00 to $88.00 in a research note on Tuesday, January 28th. Bank of America raised shares of Ciena from a “neutral” rating to a “buy” rating and increased their price target for the stock from $70.00 to $95.00 in a report on Friday, December 13th. Stifel Nicolaus reaffirmed a “buy” rating and issued a $82.00 price target (up previously from $75.00) on shares of Ciena in a report on Tuesday, December 10th. Finally, Rosenblatt Securities reduced their target price on Ciena from $94.00 to $79.00 and set a “neutral” rating on the stock in a research note on Friday, March 7th. Four research analysts have rated the stock with a hold rating, nine have given a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $81.38.

Ciena Price Performance

CIEN opened at $62.30 on Friday. The company has a market capitalization of $8.88 billion, a price-to-earnings ratio of 109.30, a PEG ratio of 1.54 and a beta of 0.91. The company has a quick ratio of 2.72, a current ratio of 3.55 and a debt-to-equity ratio of 0.54. The firm has a 50-day moving average price of $83.11 and a 200-day moving average price of $73.22. Ciena has a twelve month low of $43.30 and a twelve month high of $101.44.

Ciena (NYSE:CIEN) last announced its quarterly earnings data on Thursday, December 12th. The communications equipment provider reported $0.54 earnings per share for the quarter, missing the consensus estimate of $0.66 by ($0.12). The firm had revenue of $1.12 billion during the quarter, compared to analysts’ expectations of $1.10 billion. Ciena had a return on equity of 4.72% and a net margin of 2.09%. The company’s revenue was down .5% compared to the same quarter last year. During the same period last year, the business posted $0.56 EPS.

Institutional Trading of Ciena

Several institutional investors and hedge funds have recently bought and sold shares of CIEN. Carolinas Wealth Consulting LLC bought a new stake in shares of Ciena during the fourth quarter valued at approximately $106,000. Forum Financial Management LP bought a new stake in Ciena during the fourth quarter worth about $259,000. Orion Capital Management LLC purchased a new stake in Ciena in the fourth quarter worth about $42,000. Kolinsky Wealth Management LLC purchased a new position in shares of Ciena during the fourth quarter valued at approximately $216,000. Finally, Delta Investment Management LLC bought a new stake in Ciena in the fourth quarter worth $254,000. 91.99% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Ciena

In other Ciena news, SVP Brodie Gage sold 350 shares of the business’s stock in a transaction on Tuesday, February 18th. The shares were sold at an average price of $90.16, for a total transaction of $31,556.00. Following the transaction, the senior vice president now directly owns 49,197 shares of the company’s stock, valued at approximately $4,435,601.52. The trade was a 0.71 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Jason Phipps sold 5,648 shares of Ciena stock in a transaction dated Thursday, January 2nd. The shares were sold at an average price of $84.64, for a total transaction of $478,046.72. Following the sale, the senior vice president now directly owns 109,878 shares in the company, valued at $9,300,073.92. The trade was a 4.89 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 63,442 shares of company stock worth $5,337,764 in the last three months. 0.93% of the stock is owned by insiders.

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.