Ciena (CIEN) Misses Q2 EPS by 9c
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CIENA (CIEN) PT Raised to $78 at UBS
June 6, 2025 6:34 AM EDTUBS analyst David Vogt raised the price target on CIENA (NYSE: CIEN) to $78.00 (from $73.00) while maintaining a Neutral rating.
The analyst comments "As expected, Ciena reported (link) revenue above our expectations (link) as Direct Cloud related revenue was up 85% YoY as hyperscalers ramp infrastructure investments to support capacity demands. However, the... More
Needham Reiterates Buy Rating on CIENA (CIEN)
June 6, 2025 6:33 AM EDTNeedham analyst Ryan Koontz reiterated a Buy rating and $90.00 price target on CIENA (NYSE: CIEN).
The analyst comments "CIEN reported mixed F2Q25 results, with rev/NG EPS +3%/-$0.10 vs consensus, and F2H25 guidance reflects meaningfully higher revenue growth... More
CIENA (CIEN) PT Lowered to $75 at Evercore ISI, Shares Down 13%
June 5, 2025 1:30 PM EDTEvercore ISI analyst Amit Daryanani lowered the price target on CIENA (NYSE: CIEN) to $75.00 (from $82.00) while maintaining a Outperform rating.
The analyst comments "ALL YOU NEED TO KNOW: CIEN reported a mixed April-qtr with rev/EPS coming in at $1.13B/0.42 vs. street at $1.09B/0.52c while top-line growth was ahead of expectations driven by cloud ramps, the EPS miss was driven by softer gross-margins (mix driven). Revenue growth of ~24% was driven by their webscale/cloud segment that was up an impressive 85%+ (38% of sales) though the telecom/cable... More
CIENA (CIEN) PT Raised to $83 at Raymond James
June 5, 2025 12:57 PM EDTRaymond James analyst Simon Leopold raised the price target on CIENA (NYSE: CIEN) to $83.00 (from $79.00) while maintaining a Outperform rating.
The analyst comments "We maintain our Outperform rating following Cienas F2Q25 (April) report. Sales strength led by cloud enabled a top-line... More
