Northland Capmk Comments on Ciena’s Q2 Earnings (NYSE:CIEN)

Ciena Co. (NYSE:CIEN) – Stock analysts at Northland Capmk reduced their Q2 2025 EPS estimates for Ciena in a research note issued on Wednesday, March 12th. Northland Capmk analyst T. Savageaux now anticipates that the communications equipment provider will post earnings per share of $0.30 for the quarter, down from their previous forecast of $0.31. Northland Capmk currently has a “Strong-Buy” rating on the stock. The consensus estimate for Ciena’s current full-year earnings is $1.60 per share. Northland Capmk also issued estimates for Ciena’s Q3 2025 earnings at $0.40 EPS and FY2025 earnings at $1.65 EPS.

Several other research analysts have also commented on CIEN. Needham & Company LLC dropped their price objective on shares of Ciena from $95.00 to $90.00 and set a “buy” rating for the company in a research note on Wednesday, March 12th. B. Riley reissued a “buy” rating and set a $89.00 target price (down from $97.00) on shares of Ciena in a research note on Wednesday, March 12th. JPMorgan Chase & Co. upgraded shares of Ciena from a “neutral” rating to an “overweight” rating and boosted their target price for the stock from $84.00 to $88.00 in a report on Tuesday, January 28th. Citigroup boosted their target price on shares of Ciena from $84.00 to $98.00 and gave the stock a “buy” rating in a report on Friday, December 13th. Finally, Morgan Stanley reduced their target price on shares of Ciena from $80.00 to $76.00 and set an “equal weight” rating for the company in a report on Wednesday, March 12th. Four research analysts have rated the stock with a hold rating, nine have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $81.38.

Ciena Trading Down 2.1 %

Shares of CIEN opened at $64.28 on Monday. The company’s fifty day moving average is $81.57 and its 200 day moving average is $73.53. Ciena has a fifty-two week low of $43.30 and a fifty-two week high of $101.44. The stock has a market capitalization of $9.14 billion, a PE ratio of 112.77, a P/E/G ratio of 1.54 and a beta of 0.91. The company has a debt-to-equity ratio of 0.54, a quick ratio of 2.72 and a current ratio of 3.55.

Institutional Trading of Ciena

A number of hedge funds and other institutional investors have recently modified their holdings of CIEN. Price T Rowe Associates Inc. MD increased its stake in shares of Ciena by 195.9% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 4,626,153 shares of the communications equipment provider’s stock worth $392,345,000 after acquiring an additional 3,062,883 shares during the last quarter. Polar Capital Holdings Plc increased its stake in shares of Ciena by 113.7% in the 4th quarter. Polar Capital Holdings Plc now owns 2,169,406 shares of the communications equipment provider’s stock worth $183,987,000 after acquiring an additional 1,154,260 shares during the last quarter. Point72 Asset Management L.P. acquired a new stake in shares of Ciena during the 3rd quarter worth about $57,861,000. Marshall Wace LLP increased its position in shares of Ciena by 4,215.9% during the 4th quarter. Marshall Wace LLP now owns 899,828 shares of the communications equipment provider’s stock worth $76,314,000 after purchasing an additional 878,979 shares during the last quarter. Finally, Stephens Investment Management Group LLC acquired a new stake in shares of Ciena during the 4th quarter worth about $56,997,000. 91.99% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In related news, SVP Jason Phipps sold 5,648 shares of the stock in a transaction on Thursday, January 2nd. The stock was sold at an average price of $84.64, for a total value of $478,046.72. Following the completion of the transaction, the senior vice president now directly owns 109,878 shares of the company’s stock, valued at approximately $9,300,073.92. This represents a 4.89 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Gary B. Smith sold 6,800 shares of the stock in a transaction on Monday, March 3rd. The shares were sold at an average price of $76.41, for a total value of $519,588.00. Following the completion of the transaction, the chief executive officer now directly owns 398,549 shares of the company’s stock, valued at approximately $30,453,129.09. This represents a 1.68 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 59,942 shares of company stock worth $5,025,949 in the last quarter. Corporate insiders own 0.93% of the company’s stock.

Ciena Company Profile

Ciena Corporation provides hardware and software services for delivery of video, data, and voice traffic metro, aggregation, and access communications network worldwide. The company’s Networking Platforms segment offers convergence of coherent optical transport, open optical networking, optical transport network switching, IP routing, and switching services.