Form 8-K CIENA CORP For: Jun 05
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/9/2026
- Wall St slides as oil tops $100, yields hit 2023 high; Apple down before Ternus' first launch event as CEO
- Meta stock jumps 5% premarket: Analysts bullish on new Muse AI agent
- Oil nears $100 as fresh Middle East strikes raise supply risks
- How big a risk are rates to the AI boom?
- 3 reasons why S&P 500 may drop up to 10% in the near term: RBC
- Harry and Meghan surprised by King Charles' letter on their status
- Citi initiates UiPath coverage with Buy rating and $23 target
- S&P 500 falls as AI worries hit software makers
- WestPark Capital Starts Akebia Therapeutics (AKBA) at Buy
- After an 18% summer selloff in chip stocks, Citi asks what comes next
- After-Hours Movers: LULU, IOT, PATH, DOCU, ASAN, GWRE, ZS, PL, SWBI, OXM
- After-Hours Movers: AVGO, SNOW, HPE, NTAP, NTSK, CHPT, FIVE, TLYS, PVH, RARE
- After-Hours Movers: DELL, PANW, GTLB, CRDO, MDB, HPE, SMCI
- After-Hours Movers: WDAY, ADSK, S, RBRK, MRVL, ULTA, GAP, AFRM
- After-Hours Movers: NVDA, CRM, SNPS, CRWD, OKTA, NTNX
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
