The Latest Breaking News from CIEN

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings page.

While Hewlett Packard Enterprise has outperformed the S&P 500 Index over the past year, analysts are cautiously optimistic about the stock’s prospects.

Ciena stock jumped after issuing strong revenue growth guidance through 2027. Find out how AI and network upgrades are driving the momentum.

 

Ciena Corp (NYSE: CIEN) shares are trading lower Thursday after the company reported worse-than-expected financial results.

Ciena Corp (NYSE:CIEN) reported second-quarter FY22 revenue growth of 13.8% year-on-year to $949.2 million, missing the consensus of $950.8 million. Segments: Total Networking Platforms revenue rose by 15.3% Y/Y to $734.5 million, and Total Global Services increased 10.9% Y/Y to $128.7 million. Margins: The adjusted gross margin contracted 620 bps to 43% as costs surged…

Within the last quarter, Ciena (NYSE:CIEN) has observed the following analyst ratings:

Apple, Inc. (NASDAQ: AAPL) and Qualcomm, Inc. (NASDAQ: QCOM) are among the high-profile tech names that have consistently delivered due to superior fundamentals and strong market positioning.

Ciena (NYSE:CIEN) has observed the following analyst ratings within the last quarter: