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BofA upgrades Ciena to ‘buy’ on stronger growth outlook

Bank of America upgraded Ciena Corp to 'buy' with a $95 target, citing strong demand and growth potential, despite recent profit misses and modest short-term forecasts.

investing.com • 13/12/2024 - 15:07 PM

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Ciena stock falls as fourth-quarter results fall short of expectations

Ciena's shares fell 5% after Q4 results missed expectations; EPS at 54 cents, revenues at $1.12 billion, and a new Board Chair appointed.

investing.com • 12/12/2024 - 12:10 PM

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This stock remains a 'core AI holding' says Citi

Citi recommends Arista Networks stock as a core holding despite lowering its ranking due to expensive valuation, while highlighting strong demand in AI-driven networking opportunities.

investing.com • 10/12/2024 - 11:48 AM

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Morgan Stanley downgrade weighs on Ciena shares in pre-open trade

Ciena's stock downgrade to ‘equal-weight’ by Morgan Stanley reflects limited near-term growth potential despite long-term bullishness tied to AI and DCI market strengths.

investing.com • 28/10/2024 - 13:26 PM

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Morgan Stanley, Jefferies hike Ciena price targets on AI opportunity

Jefferies and Morgan Stanley have raised Ciena's stock price targets based on optimism around AI's impact on growth, highlighting significant opportunities in optical networks.

investing.com • 09/10/2024 - 14:16 PM

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Earnings call: Ciena reports revenue reaching $942 million

Ciena Corporation reported strong Q3 results with $942M revenue and $0.35 EPS, driven by demand for network capacity amid cloud and AI growth; CFO to retire.

investing.com • 04/09/2024 - 21:14 PM

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Ciena shares rise as Q3 earnings, revenue top estimates

Ciena Corporation reported Q3 earnings of $0.35 per share, beating expectations, but revenue declined 11.8% YoY. Optimism remains for future growth with cloud and AI infrastructure.

investing.com • 04/09/2024 - 11:16 AM

BofA upgrades Ciena to ‘buy’ on stronger growth outlook

Ciena stock falls as fourth-quarter results fall short of expectations

This stock remains a 'core AI holding' says Citi

Morgan Stanley downgrade weighs on Ciena shares in pre-open trade

Morgan Stanley, Jefferies hike Ciena price targets on AI opportunity

Earnings call: Ciena reports revenue reaching $942 million

Ciena shares rise as Q3 earnings, revenue top estimates

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