FY2025 Earnings Estimate for Ciena Issued By Zacks Research

Ciena Corporation (NYSE:CIEN) – Analysts at Zacks Research boosted their FY2025 earnings per share (EPS) estimates for shares of Ciena in a research note issued to investors on Tuesday, September 23rd. Zacks Research analyst Team now expects that the communications equipment provider will post earnings per share of $1.43 for the year, up from their prior forecast of $1.25. Zacks Research has a “Strong-Buy” rating on the stock. The consensus estimate for Ciena’s current full-year earnings is $1.60 per share. Zacks Research also issued estimates for Ciena’s Q4 2025 earnings at $0.43 EPS, Q1 2026 earnings at $0.44 EPS, Q2 2026 earnings at $0.62 EPS, Q3 2026 earnings at $0.81 EPS, Q4 2026 earnings at $0.98 EPS, FY2026 earnings at $2.86 EPS, Q1 2027 earnings at $0.68 EPS, Q2 2027 earnings at $0.76 EPS, Q3 2027 earnings at $1.09 EPS and FY2027 earnings at $3.67 EPS.

A number of other brokerages have also recently commented on CIEN. JPMorgan Chase & Co. raised their target price on Ciena from $105.00 to $140.00 and gave the company an “overweight” rating in a report on Friday, September 5th. B. Riley restated a “neutral” rating and set a $113.00 target price (up from $90.00) on shares of Ciena in a report on Friday, September 5th. Evercore ISI raised their target price on Ciena from $95.00 to $120.00 and gave the company an “in-line” rating in a report on Thursday, September 4th. Barclays lifted their price objective on Ciena from $102.00 to $138.00 and gave the company an “overweight” rating in a research note on Friday, September 5th. Finally, Wolfe Research upgraded Ciena to a “strong-buy” rating in a research note on Tuesday, July 8th. Three investment analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $122.86.

Ciena Stock Performance

Shares of Ciena stock opened at $142.13 on Friday. The business has a 50-day moving average of $105.39 and a 200 day moving average of $83.39. Ciena has a 12 month low of $49.21 and a 12 month high of $143.79. The stock has a market capitalization of $20.05 billion, a price-to-earnings ratio of 146.53, a price-to-earnings-growth ratio of 1.94 and a beta of 1.16. The company has a debt-to-equity ratio of 0.55, a current ratio of 3.28 and a quick ratio of 2.52.

Insider Buying and Selling

In related news, SVP Brodie Gage sold 350 shares of the business’s stock in a transaction that occurred on Monday, September 15th. The stock was sold at an average price of $132.00, for a total transaction of $46,200.00. Following the completion of the sale, the senior vice president owned 42,918 shares in the company, valued at $5,665,176. The trade was a 0.81% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Bruce L. Claflin sold 8,461 shares of the business’s stock in a transaction that occurred on Wednesday, September 24th. The stock was sold at an average price of $140.12, for a total value of $1,185,555.32. Following the sale, the director owned 54,624 shares of the company’s stock, valued at approximately $7,653,914.88. The trade was a 13.41% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 46,186 shares of company stock worth $4,787,846 over the last 90 days. 0.93% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in CIEN. Coldstream Capital Management Inc. raised its position in Ciena by 2.9% during the second quarter. Coldstream Capital Management Inc. now owns 4,693 shares of the communications equipment provider’s stock valued at $382,000 after buying an additional 132 shares during the period. National Bank of Canada FI raised its position in Ciena by 15.4% during the first quarter. National Bank of Canada FI now owns 1,147 shares of the communications equipment provider’s stock valued at $69,000 after buying an additional 153 shares during the period. Bayforest Capital Ltd raised its position in Ciena by 34.7% during the first quarter. Bayforest Capital Ltd now owns 636 shares of the communications equipment provider’s stock valued at $38,000 after buying an additional 164 shares during the period. Bessemer Group Inc. raised its position in Ciena by 50.0% during the first quarter. Bessemer Group Inc. now owns 534 shares of the communications equipment provider’s stock valued at $32,000 after buying an additional 178 shares during the period. Finally, Zurcher Kantonalbank Zurich Cantonalbank raised its position in Ciena by 0.5% during the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 38,910 shares of the communications equipment provider’s stock valued at $2,351,000 after buying an additional 178 shares during the period. 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.