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CIENA (CIEN) PT Lowered to $605 at JPMorgan

Tue, 08 Sep 2026 08:49:04 -0400

JPMorgan analyst Joseph Cardoso lowered the price target on CIENA (NYSE: CIEN) to $605.00 (from $635.00) while maintaining a Overweight rating.

CIENA (CIEN) PT Lowered to $394 at UBS on Group Multiple Compression

Fri, 04 Sep 2026 09:30:14 -0400

(Updated - September 4, 2026 9:30 AM EDT)

UBS analyst David Vogt lowered the price target on CIENA (NYSE: CIEN) to $394.00 (from $508.00) while maintaining a Neutral rating.

The analyst commented, "Ciena delivered broad-based upside, but elevated pre-earnings expectations for fiscal 2027 and debate over the gross margin outlook are overshadowing accelerating orders. We expect backlog to reach at least $10 billion, double the $5 billion at fiscal 2026 year-end. Backlog, customer delivery schedules, and supply-chain conditions support our 33% fiscal 2027 revenue growth forecast, up from 25% previously as we estimate roughly $7 billion of backlog will convert next year,

CIENA (CIEN) PT Lowered to $394 at UBS on Group Multiple Compression

Fri, 04 Sep 2026 09:30:14 -0400

(Updated - September 4, 2026 9:30 AM EDT)

UBS analyst David Vogt lowered the price target on CIENA (NYSE: CIEN) to $394.00 (from $508.00) while maintaining a Neutral rating.

CIENA (CIEN) PT Lowered to $425 at Morgan Stanley

Fri, 04 Sep 2026 08:23:51 -0400

Morgan Stanley analyst Meta Marshall lowered the price target on CIENA (NYSE: CIEN) to $425.00 (from $490.00) while maintaining a Equalweight rating.

CIENA (CIEN) PT Lowered to $605 at JPMorgan

Fri, 04 Sep 2026 08:10:29 -0400

JPMorgan analyst Joseph Cardoso lowered the price target on CIENA (NYSE: CIEN) to $605.00 (from $635.00) while maintaining a Overweight rating.

CIENA (CIEN) PT Lowered to $400 at TD Cowen

Fri, 04 Sep 2026 07:53:23 -0400

TD Cowen analyst Joshua Buchalter lowered the price target on CIENA (NYSE: CIEN) to $400.00 (from $575.00) while maintaining a Buy rating.

CIENA (CIEN) Reiterated at Buy by Stifel on Beat-and-Raise Quarter, Early Guidance

Fri, 04 Sep 2026 07:14:35 -0400

Stifel analyst Ruben Roy reiterated a Buy rating and $615.00 price target on CIENA (NYSE: CIEN).

The analyst commented, "Ciena reported a beat-and-raise and guided FY27 early, above consensus. Revenue was reported as $1.67bn (+37% y/y) versus consensus at $1.64bn, adj-OM of 22.5% was ~270bps above consensus of ~19.8%, and adj-EPS of $2.11 (+215% y/y) beat the $1.73 consensus by $0.38. F4Q revenue guidance of $1.75bn plus or minus $50mn is above the $1.70bn Street and takes FY26 to $6.42bn (+35% y/y) with full-year adj-OM of 20-21%, above 20% for the first time in company history. The more consequential disclosure was

CIENA (CIEN) PT Lowered to $347 at B.Riley

Fri, 04 Sep 2026 05:28:43 -0400

B.Riley analyst Dave King lowered the price target on CIENA (NYSE: CIEN) to $347.00 (from $413.00) while maintaining a Neutral rating.

The analyst comments "On Thursday (9/3 BMO), Ciena (CIEN — Neutral, $347 PT) reported F3Q revenue/EPS of $1,671M/$2.11, above consensus estimates of $1,637M/$1.73. F3Q revenue increased 37% Y/Y, compared with +40% in F2Q. Demand remains strong, with the backlog increasing Q/Q from $7.7B in F2Q. Driven by current order intake, management expects to exit FY26 with a backlog exceeding $10B. GM/OM came in at 46.4%/22.5%, compared with 44.9%/19.5% in F2Q. By product, Optical Networking increased 46% Y/Y to $1,191M; Routing

CIENA (CIEN) PT Lowered to $347 at B.Riley

Fri, 04 Sep 2026 05:28:43 -0400

B.Riley analyst Dave King lowered the price target on CIENA (NYSE: CIEN) to $347.00 (from $413.00) while maintaining a Neutral rating.

CIENA (CIEN) PT Lowered to $525 at Rosenblatt, 'We're buying this dip'

Fri, 04 Sep 2026 05:07:13 -0400

Rosenblatt analyst Mike Genovese lowered the price target on CIENA (NYSE: CIEN) to $525.00 (from $720.00) while maintaining a Buy rating.

The analyst comments "We're buying this dip. The market punished a margin guide we think is a floor, not a target, the same as we view the initial +30% revenue outlook. Hyper-Rail Line Systems ramps all through FY27 and should add 100-200bps to GMs on top of guidance. Intra-data-center products, such as transceivers, components, and CPO, open up fresh TAM and margin runway starting 2H27. We think GMs could push toward ~50% by FY28. We're raising FY27/FY28 estimates meaningfully. But

CIENA (CIEN) PT Lowered to $525 at Rosenblatt, 'We're buying this dip'

Fri, 04 Sep 2026 05:07:13 -0400

Rosenblatt analyst Mike Genovese lowered the price target on CIENA (NYSE: CIEN) to $525.00 (from $720.00) while maintaining a Buy rating.

CIENA (CIEN) PT Lowered to $525 at Rosenblatt, 'We're buying this dip'

Fri, 04 Sep 2026 05:07:13 -0400

Rosenblatt analyst Mike Genovese lowered the price target on CIENA (NYSE: CIEN) to $525.00 (from $720.00) while maintaining a Buy rating.

CIENA (CIEN) PT Lowered to $475 at Barclays

Fri, 04 Sep 2026 04:22:03 -0400

Barclays analyst Tim Long lowered the price target on CIENA (NYSE: CIEN) to $475.00 (from $607.00) while maintaining a Overweight rating.

Form 10-Q CIENA CORP For: Aug 01

Thu, 03 Sep 2026 15:57:00 -0400

si-local-file:///var/storage/secattach/20260903/27024744.html

CIENA (CIEN) PT Lowered to $375 at Evercore ISI

Thu, 03 Sep 2026 15:07:03 -0400

Evercore ISI analyst Amit Daryanani lowered the price target on CIENA (NYSE: CIEN) to $375.00 (from $550.00) while maintaining a In Line rating.

The analyst comments "ALL YOU NEED TO KNOW: CIEN reported a solid Jul-qtr print with rev/EPS of $1.67B/2.11 vs. the Street at $1.64B/1.73 as overall revenues grew ~37% y/y driven by strength in Data Center Interconnect (+82%). Furthermore, CIEN provided FQ4 guide that was ahead of the Street and provided an initial FY27 guide of >30% revenue growth and implied EPS of ~$12.00 (Street was at $9.75). Though the biggest question on CIEN (we think) remains the lack

CIENA (CIEN) PT Lowered to $375 at Evercore ISI

Thu, 03 Sep 2026 15:07:03 -0400

Evercore ISI analyst Amit Daryanani lowered the price target on CIENA (NYSE: CIEN) to $375.00 (from $550.00) while maintaining a In Line rating.

CIENA (CIEN) PT Lowered to $520 at Needham, 'We would be buyers on weakness'

Thu, 03 Sep 2026 15:04:08 -0400

Needham analyst Ryan Koontz lowered the price target on CIENA (NYSE: CIEN) to $520.00 (from $600.00) while maintaining a Buy rating.

The analyst comments "CIEN reported strong F3Q26 results, beating consensus rev/NG EPS by +2%/+$0.38 and raised F4Q guidance by 3%/~$0.23. Like many of its AI-optical peers, CIEN stock traded off -8% in response to an expectations miss despite a ~30% decline over past Q into the print. Its two largest Direct Cloud customers (Meta and Google) carried all the sequential growth (+25% q/q), reaching 41.7% of total as supply constraints continue to limit revenue upside and allocation to others. B2B

CIENA (CIEN) PT Lowered to $520 at Needham, 'We would be buyers on weakness'

Thu, 03 Sep 2026 15:04:08 -0400

Needham analyst Ryan Koontz lowered the price target on CIENA (NYSE: CIEN) to $520.00 (from $600.00) while maintaining a Buy rating.

CIENA (CIEN) PT Lowered to $520 at Needham, 'We would be buyers on weakness'

Thu, 03 Sep 2026 15:04:08 -0400

Needham analyst Ryan Koontz lowered the price target on CIENA (NYSE: CIEN) to $520.00 (from $600.00) while maintaining a Buy rating.

CIENA (CIEN) PT Raised to $600 at Raymond James

Thu, 03 Sep 2026 14:48:04 -0400

Raymond James analyst Simon Leopold raised the price target on CIENA (NYSE: CIEN) to $600.00 (from $530.00) while maintaining a Outperform rating.

The analyst comments "Ciena’s F3Q26 featured another beat and raise, but more importantly visibility into FY27. Management indicated $8.3-8.4B represents baseline revenue for FY27, with upside dependent primarily on securing additional supply. Backlog should exit FY26 above $10B and extends into 2028. The debate should shift from demand durability toward execution and supply. Ciena has a strong execution track record, but supply constraints present a common hurdle. We remain constructive: optical systems, scale-across, coherent pluggables, and eventually HyperRail and

CIENA (CIEN) PT Raised to $600 at Raymond James

Thu, 03 Sep 2026 14:48:04 -0400

Raymond James analyst Simon Leopold raised the price target on CIENA (NYSE: CIEN) to $600.00 (from $530.00) while maintaining a Outperform rating.

Form SCHEDULE 13G/A CIENA CORP Filed by: JPMORGAN CHASE & CO

Thu, 03 Sep 2026 13:10:00 -0400

si-local-file:///var/storage/secattach/20260903/27024115.html

Ciena beats estimates on strong AI-driven demand, shares rise

Thu, 03 Sep 2026 07:35:35 -0400

Investing.com -- Ciena Corporation (NYSE: CIEN) reported fiscal third-quarter results that exceeded analyst expectations, with shares rising 4.3% premarket following the announcement.

The optical networking equipment maker posted adjusted earnings per share of $2.11 for the quarter ended August 1, 2026, beating the analyst consensus of $1.72 by $0.39. Revenue reached $1.67 billion, surpassing the $1.63 billion estimate and marking a 37% increase from $1.22 billion in the same quarter last year.

The company attributed the strong performance to AI-driven network investment.

"Today's outstanding financial performance demonstrates Ciena's leadership in providing industry-leading, high-speed connectivity solutions as AI continues to drive compounding waves of

Ciena (CIEN) Tops Q3 EPS by 39c, Offers Guidance

Thu, 03 Sep 2026 07:08:08 -0400

Ciena (NYSE: CIEN) reported Q3 EPS of $2.11, $0.39 better than the analyst estimate of $1.72. Revenue for the quarter came in at $1.67 billion versus the consensus estimate of $1.63 billion.

GUIDANCE:

Ciena sees Q4 2026 revenue of $1.7-1.8 billion, versus the consensus of $1.7 billion.

Revenue of $1.75B billion plus or minus $50 million
Adjusted (non-GAAP) gross margin in the range of 45% plus or minus 50 bps
Adjusted (non-GAAP) operating expense in the range of $415 million plus or minus $10 million
Adjusted (non-GAAP) operating margin in the range of 20% plus or minus 50 bps

For earnings history and earnings-related data on Ciena

Ciena (CIEN) Tops Q3 EPS by 39c, Offers Guidance

Thu, 03 Sep 2026 07:08:08 -0400

Ciena (NYSE: CIEN) reported Q3 EPS of $2.11, $0.39 better than the analyst estimate of $1.72. Revenue for the quarter came in at $1.67 billion versus the consensus estimate of $1.63 billion.

GUIDANCE:

Ciena sees Q4 2026 revenue of $1.7-1.8 billion, versus the consensus of $1.7 billion.

Revenue of $1.75B billion plus or minus $50 million
Adjusted (non-GAAP) gross margin in the range of 45% plus or minus 50 bps
Adjusted (non-GAAP) operating expense in the range of $415 million plus or minus $10 million
Adjusted (non-GAAP) operating margin in the range of 20% plus or minus 50 bps

For earnings history and earnings-related data on Ciena