Northland Capmk Upgrades Ciena (NYSE:CIEN) to “Strong-Buy”

Ciena (NYSE:CIEN) was upgraded by investment analysts at Northland Capmk from a “hold” rating to a “strong-buy” rating in a note issued to investors on Wednesday, MarketBeat Ratings reports. Northland Capmk also issued estimates for Ciena’s Q4 2025 earnings at $0.53 EPS.

CIEN has been the topic of a number of other research reports. Bank of America upgraded Ciena from a “neutral” rating to a “buy” rating and upped their target price for the stock from $70.00 to $95.00 in a report on Friday, December 13th. Rosenblatt Securities cut their price target on Ciena from $94.00 to $79.00 and set a “neutral” rating on the stock in a research note on Friday, March 7th. Morgan Stanley cut their price target on Ciena from $80.00 to $76.00 and set an “equal weight” rating on the stock in a research note on Wednesday. B. Riley restated a “buy” rating and issued a $89.00 price target (down previously from $97.00) on shares of Ciena in a research note on Wednesday. Finally, JPMorgan Chase & Co. upgraded Ciena from a “neutral” rating to an “overweight” rating and upped their price target for the stock from $84.00 to $88.00 in a research note on Tuesday, January 28th. Four 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 MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $81.38.

Ciena Stock Down 6.2 %

CIEN stock opened at $62.30 on Wednesday. Ciena has a fifty-two week low of $43.30 and a fifty-two week high of $101.44. The business’s 50 day moving average price is $83.11 and its two-hundred day moving average price is $73.22. 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 $8.88 billion, a price-to-earnings ratio of 109.30, a price-to-earnings-growth ratio of 1.54 and a beta of 0.91.

Ciena (NYSE:CIEN) last posted its 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 return on equity of 4.72% and a net margin of 2.09%. The firm had revenue of $1.12 billion for the quarter, compared to analysts’ expectations of $1.10 billion. During the same quarter last year, the company posted $0.56 EPS. The firm’s revenue was down .5% on a year-over-year basis. As a group, analysts forecast that Ciena will post 1.6 earnings per share for the current fiscal year.

Insider Activity at Ciena

In other news, 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 transaction of $311,815.00. Following the transaction, the senior vice president now directly owns 192,997 shares of the company’s stock, valued at $17,194,102.73. This represents a 1.78 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, SVP Dino Diperna sold 2,682 shares of the stock in a transaction on Thursday, December 26th. The shares were sold at an average price of $87.64, for a total value of $235,050.48. Following the transaction, the senior vice president now directly owns 50,607 shares in the company, valued at $4,435,197.48. The trade was a 5.03 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 63,442 shares of company stock valued at $5,337,764. 0.93% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Ciena

Hedge funds and other institutional investors have recently modified their holdings of the company. Geode Capital Management LLC raised its holdings in Ciena by 1.4% in the 3rd quarter. Geode Capital Management LLC now owns 2,408,014 shares of the communications equipment provider’s stock worth $148,348,000 after purchasing an additional 33,074 shares during the period. Ritholtz Wealth Management bought a new position in Ciena in the 4th quarter worth $245,000. US Bancorp DE raised its holdings in Ciena by 1.5% in 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 during the period. Merit Financial Group LLC bought a new position in Ciena in the 4th quarter worth $421,000. Finally, Atria Investments Inc purchased a new stake in Ciena in the 3rd quarter worth $1,988,000. 91.99% of the stock is owned by institutional investors.

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.