Ciena (NYSE:CIEN) Upgraded by Northland Capmk to “Strong-Buy” Rating

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

Several other equities analysts also recently commented on the company. Northland Securities upgraded Ciena from a “market perform” rating to an “outperform” rating and raised their target price for the stock from $60.00 to $75.00 in a research report on Wednesday. Barclays set a $100.00 price objective on Ciena and gave the company an “overweight” rating in a research report on Wednesday. B. Riley reiterated a “buy” rating and issued a $89.00 price objective (down previously from $97.00) on shares of Ciena in a research report on Wednesday. Morgan Stanley cut their price objective on Ciena from $80.00 to $76.00 and set an “equal weight” rating for the company in a research report on Wednesday. Finally, Stifel Nicolaus reissued a “buy” rating and issued a $82.00 target price (up from $75.00) on shares of Ciena in a research note on Tuesday, December 10th. Four equities research 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’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $81.38.

Ciena Stock Performance

CIEN opened at $63.84 on Wednesday. The firm has a market capitalization of $9.10 billion, a P/E ratio of 112.00, a price-to-earnings-growth ratio of 1.54 and a beta of 0.91. The stock’s 50 day moving average price is $82.30 and its two-hundred day moving average price is $73.19. The company has a quick ratio of 2.72, a current ratio of 3.55 and a debt-to-equity ratio of 0.54. Ciena has a 12-month low of $43.30 and a 12-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). 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 analyst estimates of $1.10 billion. During the same period in the previous year, the business posted $0.56 EPS. Ciena’s revenue for the quarter was down .5% compared to the same quarter last year. On average, equities analysts forecast that Ciena will post 1.6 earnings per share for the current year.

Insider Transactions at Ciena

In other Ciena news, CEO Gary B. Smith sold 6,800 shares of the firm’s stock in a transaction on Monday, March 3rd. The stock was 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 $30,453,129.09. This trade represents a 1.68 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Bruce L. Claflin sold 16,912 shares of Ciena stock in a transaction on Monday, January 6th. The shares were sold at an average price of $84.96, for a total value of $1,436,843.52. Following the completion of the transaction, the director now owns 59,347 shares in the company, valued at approximately $5,042,121.12. The trade was a 22.18 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 63,442 shares of company stock worth $5,337,764. Company insiders own 0.93% of the company’s stock.

Institutional Investors Weigh In On Ciena

Hedge funds have recently modified their holdings of the company. Geode Capital Management LLC lifted its holdings in Ciena by 1.4% during 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 buying an additional 33,074 shares during the period. Ritholtz Wealth Management bought a new position in shares of Ciena in the 4th quarter worth about $245,000. US Bancorp DE raised its position in shares of 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 acquiring an additional 152 shares in the last quarter. Merit Financial Group LLC bought a new stake in Ciena in the 4th quarter valued at about $421,000. Finally, Atria Investments Inc bought a new stake in Ciena in the 3rd quarter valued at about $1,988,000. Institutional investors and hedge funds own 91.99% of the company’s stock.

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.