Northland Securities Estimates Ciena FY2027 Earnings

Ciena Corporation (NYSE:CIEN) – Northland Securities issued their FY2027 EPS estimates for shares of Ciena in a report issued on Friday, June 5th. Northland Securities analyst T. Savageaux anticipates that the communications equipment provider will post earnings per share of $9.35 for the year. The consensus estimate for Ciena’s current full-year earnings is $5.15 per share.

Several other research analysts have also commented on the stock. Raymond James Financial raised their price target on shares of Ciena from $320.00 to $530.00 and gave the company an “outperform” rating in a report on Thursday, June 4th. Zacks Research lowered shares of Ciena from a “strong-buy” rating to a “hold” rating in a report on Wednesday, June 3rd. Rosenblatt Securities lifted their price objective on shares of Ciena from $350.00 to $720.00 and gave the company a “buy” rating in a research note on Friday, June 5th. Needham & Company LLC lifted their price objective on shares of Ciena from $470.00 to $600.00 and gave the company a “buy” rating in a research note on Thursday, June 4th. Finally, Evercore set a $330.00 price objective on shares of Ciena in a research note on Thursday, February 19th. Thirteen analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. Based on data from MarketBeat, Ciena has an average rating of “Moderate Buy” and a consensus price target of $530.56.

Ciena Price Performance

CIEN opened at $438.30 on Wednesday. The company’s 50 day simple moving average is $518.37 and its 200 day simple moving average is $359.43. The company has a debt-to-equity ratio of 0.53, a quick ratio of 2.11 and a current ratio of 2.73. Ciena has a 1 year low of $70.85 and a 1 year high of $637.51. The stock has a market capitalization of $62.04 billion, a PE ratio of 146.10 and a beta of 1.24.

Ciena (NYSE:CIEN) last released its earnings results on Thursday, June 4th. The communications equipment provider reported $1.64 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.46 by $0.18. Ciena had a net margin of 7.87% and a return on equity of 18.15%. The business had revenue of $1.57 billion for the quarter, compared to analysts’ expectations of $1.50 billion. During the same period last year, the company earned $0.42 earnings per share. The company’s quarterly revenue was up 39.5% on a year-over-year basis.

Hedge Funds Weigh In On Ciena

A number of hedge funds have recently added to or reduced their stakes in CIEN. KBC Group NV raised its stake in shares of Ciena by 11.3% during the fourth quarter. KBC Group NV now owns 31,161 shares of the communications equipment provider’s stock valued at $7,288,000 after purchasing an additional 3,156 shares in the last quarter. FengHe Fund Management Pte. Ltd. raised its position in Ciena by 164.0% in the fourth quarter. FengHe Fund Management Pte. Ltd. now owns 660,988 shares of the communications equipment provider’s stock worth $154,585,000 after acquiring an additional 410,588 shares in the last quarter. Peak Financial Advisors LLC raised its position in Ciena by 222.7% in the fourth quarter. Peak Financial Advisors LLC now owns 11,596 shares of the communications equipment provider’s stock worth $2,712,000 after acquiring an additional 8,003 shares in the last quarter. DNB Asset Management AS raised its position in Ciena by 1,095.8% in the fourth quarter. DNB Asset Management AS now owns 27,527 shares of the communications equipment provider’s stock worth $6,438,000 after acquiring an additional 25,225 shares in the last quarter. Finally, Semanteon Capital Management LP bought a new stake in Ciena in the third quarter worth about $568,000. Institutional investors and hedge funds own 91.99% of the company’s stock.

Insider Transactions at Ciena

In other news, SVP Brodie Gage sold 1,200 shares of the firm’s stock in a transaction that occurred on Friday, May 15th. The shares were sold at an average price of $570.65, for a total transaction of $684,780.00. Following the completion of the sale, the senior vice president owned 43,941 shares of the company’s stock, valued at approximately $25,074,931.65. This trade represents a 2.66% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Gary B. Smith sold 2,952 shares of the firm’s stock in a transaction that occurred on Monday, June 1st. The stock was sold at an average price of $565.92, for a total transaction of $1,670,595.84. Following the sale, the chief executive officer directly owned 269,557 shares of the company’s stock, valued at $152,547,697.44. The trade was a 1.08% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders sold 44,174 shares of company stock valued at $19,502,359. 0.58% of the stock is currently owned by corporate insiders.

Key Ciena News

Here are the key news stories impacting Ciena this week:

• Positive Sentiment: Ciena beat fiscal Q2 expectations, with revenue and EPS coming in ahead of estimates, and it raised fiscal 2026 revenue guidance as AI-driven cloud and optical networking demand continues to strengthen. Article Title
• Positive Sentiment: The company’s growing backlog and international network wins, including subsea cable capacity upgrades in Indonesia, suggest demand remains healthy beyond the earnings report. Article Title
• Neutral Sentiment: Analysts and market commentators say the stock may be digesting a sharp prior rally, so some of the pullback may reflect profit-taking rather than a change in business fundamentals. Article Title
• Negative Sentiment: Sentiment was hit by Ciena’s announcement of a large $2.5 billion zero-coupon convertible notes offering, which raised dilution and balance-sheet concerns even though the proceeds may be used for debt repayment, buybacks, and supply-chain funding. Article Title
• Negative Sentiment: Coverage from multiple outlets tied the stock’s decline to the convertible-debt financing plan, with investors focusing more on capital raising than on the earnings beat. Article Title

Ciena Company Profile

Ciena Corporation (NYSE: CIEN) is a global supplier of telecommunications networking equipment, software and services. The company develops high-capacity optical transport systems and packet-optical platforms that enable service providers, cloud operators and large enterprises to build, manage and scale their networks. Ciena’s product portfolio includes coherent optical solutions, packet networking platforms and a suite of network automation software designed to optimize bandwidth, reduce latency and simplify network operations.

In addition to hardware offerings, Ciena provides professional services and support, including network design, implementation and ongoing maintenance.