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

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

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 "Cienas F3Q26 featured another beat and raise, but more importantly visibility into FY27. Management indicated $8.3-8.4B represents... More

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

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... More

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

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... More

Ciena fiscal Q3 preview: Analysts highlight key focus areas into today's earnings

Wall Street analysts previewed Ciena's (NYSE: CIEN) fiscal third-quarter results, due Thursday before the market open, with both Bank of America and Morgan Stanley pointing to backlog conversion and supply constraints as the key swing factors for the print.

BofA reiterated its Buy rating on Ciena and lowered its price objective to $550 from $660, reflecting broader optical group multiple compression. Analysts Tal Liani and Tomer Zilberman said the stock has traded down sharply since last quarter's results, in sympathy with a broader optical de-rating driven by supply constraints limiting upside to fiscal 2026 revenue... More