Ciena shares jump as first-quarter results beat across the board

Go back to Ciena shares jump as first-quarter results beat across the board

Northland Upgrades CIENA (CIEN) to Outperform

March 12, 2025 8:52 AM EDT

Northland analyst Tim Savageaux upgraded CIENA (NYSE: CIEN) from Market Perform to Outperform with a price target of $75.00.

The analyst comments "e noted expectations for a positive report from CIEN given clear improvements on the Service Provider side, along with some uncertainty in... More

CIENA (CIEN) PT Lowered to $76 at Morgan Stanley

March 11, 2025 12:43 PM EDT

Morgan Stanley analyst Meta Marshall lowered the price target on CIENA (NYSE: CIEN) to $76.00 (from $80.00) while maintaining a Equalweight rating.

The analyst comments "As previewed, CIEN beat Q1 estimates given strength primarily from service provider, growing 14% Y/Y, though cloud continues to see... More

CIENA (CIEN) PT Lowered to $79 at Raymond James

March 11, 2025 12:35 PM EDT

Raymond James analyst Simon Leopold lowered the price target on CIENA (NYSE: CIEN) to $79.00 (from $91.00) while maintaining a Outperform rating.

The analyst comments "We maintain our Outperform rating following Cienas F1Q25 (January) report. Ciena exceeded expectations, guided April in line... More