Ciena Reports Fiscal Fourth Quarter 2021 and Year-End Financial Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Needham Starts NeoVolta (NEOV) at Buy
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
CIENA (CIEN) PT Raised to $85 at Jefferies
December 10, 2021 8:55 AM ESTJefferies analyst George Notter raised the price target on CIENA (NYSE: CIEN) to $85.00 (from $70.00) while maintaining a Buy rating.
The analyst commented, "Cienas results and forward-looking guidance point to a very positive inflection point in its business. Its differentiated products and consistent... More
CIENA (CIEN) PT Raised to $78 at Goldman Sachs
December 10, 2021 7:35 AM ESTGoldman Sachs analyst Rod Hall raised the price target on CIENA (NYSE: CIEN) to $78.00 while maintaining a Buy rating following solid Q4 results and guidance.
Strong guidance driven by record backlog and continued market share gains... MoreCIENA (CIEN) PT Raised to $80 at Needham & Company
December 10, 2021 6:21 AM ESTNeedham & Company analyst Alex Henderson raised the price target on CIENA (NYSE: CIEN) to $80.00 (from $65.00) while maintaining a Buy rating.
The analyst commented, "Ciena posted its third consecutive quarter with Book-to-Bill Significantly above 1.0, resulting in a year-end Backlog rising $1 billion for the year... More
CIENA (CIEN) PT Raised to $85 at Evercore ISI
December 9, 2021 12:48 PM ESTEvercore ISI analyst Amit Daryanani raised the price target on CIENA (NYSE: CIEN) to $85.00 (from $65.00) while maintaining a Outperform rating.
... MoreCiena (CIEN) Misses Q4 EPS by 1c
December 9, 2021 7:02 AM ESTCiena (NYSE: CIEN) reported Q4 EPS of $0.85, $0.01 worse than the analyst estimate of $0.86. Revenue for the quarter came in at $1.04 billion versus the consensus estimate of $1.03 billion.
For earnings history and earnings-related data on Ciena (CIEN) click here.
... More