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

Ciena Co. (NYSE:CIEN) – Analysts at Northland Capmk lowered their Q2 2025 EPS estimates for shares of Ciena in a report released on Wednesday, March 12th. Northland Capmk analyst T. Savageaux now expects that the communications equipment provider will earn $0.30 per share for the quarter, down from their previous estimate of $0.31. Northland Capmk currently 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.

Several other analysts have also recently issued reports on CIEN. B. Riley restated a “buy” rating and set a $89.00 target price (down from $97.00) on shares of Ciena in a research report on Wednesday, March 12th. Stifel Nicolaus reiterated a “buy” rating and set a $82.00 price target (up from $75.00) on shares of Ciena in a report on Tuesday, December 10th. Barclays set a $100.00 price target on shares of Ciena and gave the company an “overweight” rating in a report on Wednesday, March 12th. Bank of America upgraded shares of Ciena from a “neutral” rating to a “buy” rating and upped their price target for the company from $70.00 to $95.00 in a report on Friday, December 13th. Finally, Northland Securities upgraded shares of Ciena from a “market perform” rating to an “outperform” rating and upped their price target for the company from $60.00 to $75.00 in a report on Wednesday, March 12th. Four investment analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $81.38.

Ciena Stock Up 2.9 %

Shares of NYSE CIEN opened at $65.70 on Monday. The firm’s 50-day moving average price is $81.92 and its 200-day moving average price is $73.48. The company has a current ratio of 3.55, a quick ratio of 2.72 and a debt-to-equity ratio of 0.54. The stock has a market capitalization of $9.34 billion, a price-to-earnings ratio of 115.27, a P/E/G ratio of 1.54 and a beta of 0.91. Ciena has a 12-month low of $43.30 and a 12-month high of $101.44.

Insider Transactions at Ciena

In other news, SVP Brodie Gage sold 350 shares of the company’s stock in a transaction that occurred on Wednesday, January 15th. The shares were sold at an average price of $85.91, for a total value of $30,068.50. Following the completion of the sale, the senior vice president now owns 49,547 shares of the company’s stock, valued at approximately $4,256,582.77. This represents a 0.70 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Dino Diperna sold 2,682 shares of the stock in a transaction that occurred on Thursday, December 26th. The shares were sold at an average price of $87.64, for a total transaction of $235,050.48. Following the sale, the senior vice president now directly owns 50,607 shares of the company’s stock, valued at $4,435,197.48. The trade was a 5.03 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 59,942 shares of company stock valued at $5,025,949. Company insiders own 0.93% of the company’s stock.

Institutional Investors Weigh In On Ciena

Hedge funds and other institutional investors have recently bought and sold shares of the company. Geode Capital Management LLC raised its holdings in shares of Ciena by 1.4% in the third 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 last quarter. Ritholtz Wealth Management purchased a new position in shares of Ciena in the fourth quarter worth $245,000. US Bancorp DE raised its holdings in shares of Ciena by 1.5% in the fourth quarter. US Bancorp DE now owns 10,459 shares of the communications equipment provider’s stock worth $887,000 after buying an additional 152 shares during the last quarter. Merit Financial Group LLC purchased a new position in shares of Ciena in the fourth quarter worth $421,000. Finally, FMR LLC raised its holdings in shares of Ciena by 0.5% in the third quarter. FMR LLC now owns 21,664,066 shares of the communications equipment provider’s stock worth $1,334,290,000 after buying an additional 108,407 shares during the last quarter. Hedge funds and other institutional investors 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.