Ciena (CIEN) call put ratio 2.9 calls to 1 put into quarter results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 10/22/2026
Go back to Ciena (CIEN) call put ratio 2.9 calls to 1 put into quarter results
June 7, 2024 9:15 AM EDT
Argus analyst Jim Kelleher reiterated a Buy rating and $76.00 price target on CIENA (NYSE: CIEN).
The analyst comments "Signs of service provider demand recovery. Ciena exceeded revenue and non-GAAP EPS expectations for fiscal 2Q24. The company guided full-year FY24 total... More
June 7, 2024 4:54 AM EDT
BofA Securities analyst Tal Liani reiterated a Buy rating and $59.00 price target on CIENA (NYSE: CIEN)
The analyst comments "Revenue of $910.8mn was higher than Streets expectations of $894.9mn, yet still reflecting a 19.6% decline YoY, mostly on lower service provider revenues. EPS was strong,... More
June 6, 2024 2:57 PM EDT
Stifel analyst Ruben Roy reiterated a Buy rating and $62.00 price target on CIENA (NYSE: CIEN).
The analyst comments "CIEN reported F2Q results ahead of expectations but provided a F3Q outlook below consensus estimates as inventory digestion at large telecom SPs continues.... More
June 6, 2024 10:51 AM EDT
Evercore ISI analyst Amit Daryanani reiterated an Outperform rating and $60.00 price target on CIENA (NYSE: CIEN).
The analyst comments "CIEN reported April-qtr results with rev/EPS of $911M/0.27 vs. street at $896M/0.15 Overall sales were down ~20% y/y driven by declines in telco (-25%), cable (-29%) and webscale (-9%) verticals. Though worth noting CIEN is seeing initial signs of demand stability with telco... More
