Date | Price Target | Rating | Analyst |
---|---|---|---|
9/23/2024 | $44.00 → $68.00 | Sell → Buy | Citigroup |
9/5/2024 | Buy → Neutral | BofA Securities | |
6/12/2024 | $53.00 → $55.00 | Equal-Weight → Overweight | Morgan Stanley |
6/6/2024 | $59.00 → $54.00 | Strong Buy → Outperform | Raymond James |
5/30/2024 | $65.00 → $52.50 | Buy → Neutral | Rosenblatt |
4/12/2024 | $44.00 | Sell | Citigroup |
4/11/2024 | $57.00 | Outperform | Exane BNP Paribas |
1/12/2024 | $52.00 → $57.00 | In-line → Outperform | Evercore ISI |
4 - CIENA CORP (0000936395) (Issuer)
4 - CIENA CORP (0000936395) (Issuer)
4 - CIENA CORP (0000936395) (Issuer)
Raises ceiling for high-availability network services while using 80% less power NEW YORK, Sept. 25, 2024 /PRNewswire/ -- Lightpath, an all-fiber, infrastructure-based connectivity provider that is revolutionizing how organizations connect to their digital destinations, and Ciena (NYSE:CIEN), a global leader in networking systems, services, and software, recently deployed the industry's first known 400 Gb/s protected optical circuit utilizing power-efficient and high-performance pluggable technologies. The achievement increases the maximum bandwidth levels that customers can utilize to deploy persistent, mission-critical services while utilizing 80% less electricity.
New Mediterranean submarine cable by Medloop France strengthens Sipartech's pan-European terrestrial and undersea infrastructure Sipartech, a leading infrastructure operator in Europe, is leveraging Ciena's (NYSE:CIEN) GeoMesh Extreme submarine network solution to provide wholesale 400GbE services over an 800Gb/s wavelength on its submarine network and bolster the resilience and quality of its extensive pan-European network. The deployment includes both terrestrial and submarine routes, including the submarine cable system managed by Medloop France, connecting Barcelona, Spain, to Marseille, France, and Genoa, Italy. This strategic expansion enhances Sipartech's ability to provide high-ca
Coherent-Lite offering boosts scalability, efficiency, and performance of data center and campus networks to handle growing traffic from cloud, machine learning, and AI Ciena (NYSE:CIEN) continues to push technology boundaries by bringing to market a 1.6 Tb/s Coherent-Lite pluggable to help cloud and data center providers cope with the expected growth in cloud, machine learning, and Artificial Intelligence (AI) related traffic. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240923243587/en/Ciena's 1.6 Tb/s Coherent-Lite pluggable will help cloud and data center providers cope with the expected growth in cloud, machine learning,
Ciena® Corporation (NYSE:CIEN), a networking systems, services, and software company, today announced the promotion of Dino DiPerna and Brodie Gage to its Executive Leadership Team, reporting to President and CEO Gary Smith. The leadership appointments are designed to support Ciena's continued growth through market leadership in optical technologies, increasing opportunities in IP/Optical convergence, and addressable market expansion in next-generation metro and edge applications. DiPerna becomes Ciena's Senior Vice President of Global Research & Development (R&D). In this role, he will direct the development of the company's portfolio of Converged Packet Optical, Network Control and Plan
Ciena (NYSE:CIEN) today announced that Mary G. Puma has been appointed to its Board of Directors, effective immediately. Ms. Puma previously served as President and Chief Executive Officer of Axcelis Technologies, Inc., a publicly held company engaged in the supply of capital equipment for the semiconductor chip manufacturing industry, from January 2002 to May 2023. Prior to becoming CEO of Axcelis, she served as its President and Chief Operating Officer from July 2000. In 1998, she became General Manager and Vice President of the company's predecessor, the Implant Systems Division of Eaton Corporation. Prior to joining Eaton in 1996, Ms. Puma spent 15 years in various marketing and gener
Promotes Sheela Kosaraju to Senior Vice President and General Counsel Ciena® Corporation (NYSE:CIEN), a networking systems, services and software company, today announced the appointment of David M. Rothenstein as senior vice president, chief strategy officer and corporate secretary. Rothenstein has served as Ciena's senior vice president, general counsel and corporate secretary since November 2008, and as acting chief strategy officer since March 2022. He will continue to report to President and CEO Gary Smith. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230124005396/en/David Rothenstein, Senior Vice President and Chief Str
Citigroup upgraded Ciena from Sell to Buy and set a new price target of $68.00 from $44.00 previously
BofA Securities downgraded Ciena from Buy to Neutral
Morgan Stanley upgraded Ciena from Equal-Weight to Overweight and set a new price target of $55.00 from $53.00 previously
Ciena® Corporation (NYSE:CIEN) expects to announce its fiscal third quarter financial results on Wednesday, September 4, 2024 before the open of the financial markets. The press release will be available on Ciena's website at www.ciena.com. In conjunction with the announcement, Ciena will post an additional set of supporting materials to the Quarterly Results page of the Investor Relations section of its website. Ciena's management will then host a live audio web broadcast beginning at 8:30 a.m. Eastern accessible via www.ciena.com. Rebroadcast Information For those listeners unable to participate in the live web broadcast, an archived version of the conference call will be available
Ciena® Corporation (NYSE:CIEN) expects to announce its fiscal second quarter financial results on Thursday, June 6, 2024 before the open of the financial markets. The press release will be available on Ciena's website at www.ciena.com. In conjunction with the announcement, Ciena will post an additional set of supporting materials to the Quarterly Results page of the Investor Relations section of its website. Ciena's management will then host a live audio web broadcast beginning at 8:30 a.m. Eastern accessible via www.ciena.com. Rebroadcast Information For those listeners unable to participate in the live web broadcast, an archived version of the conference call will be available short
Ciena® Corporation (NYSE:CIEN) expects to announce its fiscal first quarter financial results on Thursday, March 7, 2024 before the open of the financial markets. The press release will be available on Ciena's website at www.ciena.com. In conjunction with the announcement, Ciena will post an additional set of supporting materials to the Quarterly Results page of the Investor Relations section of its website. Ciena's management will then host a live audio web broadcast beginning at 8:30 a.m. Eastern accessible via www.ciena.com. Rebroadcast Information For those listeners unable to participate in the live web broadcast, an archived version of the conference call will be available short
10-Q - CIENA CORP (0000936395) (Filer)
8-K - CIENA CORP (0000936395) (Filer)
10-Q - CIENA CORP (0000936395) (Filer)
SC 13G/A - CIENA CORP (0000936395) (Subject)
SC 13G/A - CIENA CORP (0000936395) (Subject)
SC 13G/A - CIENA CORP (0000936395) (Subject)
The Biden administration’s escalating restrictions on China’s access to high-end semiconductors and technology, along with the potential for higher tariffs under future administrations, have stirred significant concern among investors. However, amid the broad headwinds facing many companies, JPMorgan analyst Samik Chatterjee has identified a select group of tech stocks that could stand to benefit from these geopolitical tensions. 1. Flex Ltd (NASDAQ:FLEX) Flex is strategically positioned to benefit from the changing geopolitical landscape, Chatterjee notes. With heightened restrictions on China, Flex’s extensive manufacturing capabilities outside China become increasingly valuab
New network based on Ciena WaveLogic 5 technology enables TDC NET to bring new services to market in a sustainable and secure way
Morgan Stanley analyst Meta Marshall upgraded Ciena Corp (NYSE:CIEN) from Equal-Weight to Overweight and raised the price target from $53 to $55. In CIEN’s fiscal second-quarter print, Marshall was slightly more cautious given the challenging fiscal 2024 setup, where he saw a risk to Street estimates that implied a hockey-stick inflection in the year’s second half. However, post-cut to full-year estimates, Marshall noted that the fiscal 2024 model is de-risked at this point, and he re-rated to reflect upside potential in fiscal 2025 as inventory levels normalize. Cloud demand outperforms on the back of share gains / WaveLogic 6 ramp. Marshall expected service provider recovery to