CienaCIEN
About: Ciena Corp is a network and technology company. It provides network hardware, software, and services that support the transport, switching, aggregation, service delivery, and management of video, data, and voice traffic on communications networks. It serves various industries such as communication services providers, web-scale providers, cable operators, government, and large enterprises world-wide. The business activities function through Networking Platforms which generates maximum revenue; Platform Software and Services; Blue Planet Automation Software, and Global Services segments. Geographically, the company derives a majority of its revenue from the Americas, and the rest from the Asia-Pacific (APAC), and Europe, Middle East, and Africa (EMEA) region.
Employees: 8,657
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
142% more first-time investments, than exits
New positions opened: 126 | Existing positions closed: 52
57% more funds holding in top 10
Funds holding in top 10: 7 [Q3] → 11 (+4) [Q4]
37% more call options, than puts
Call options by funds: $205M | Put options by funds: $149M
35% more capital invested
Capital invested by funds: $8.81B [Q3] → $11.9B (+$3.09B) [Q4]
14% more funds holding
Funds holding: 459 [Q3] → 523 (+64) [Q4]
0.34% less ownership
Funds ownership: 98.94% [Q3] → 98.6% (-0.34%) [Q4]
2% less repeat investments, than reductions
Existing positions increased: 165 | Existing positions reduced: 168
Research analyst outlook
7 Wall Street Analysts provided 1 year price targets over the past 3 months
7 analyst ratings
B. Riley Securities Dave Kang 42% 1-year accuracy 5 / 12 met price target | 46%upside $89 | Buy Maintained | 12 Mar 2025 |
Barclays Tim Long 55% 1-year accuracy 31 / 56 met price target | 64%upside $100 | Overweight Maintained | 12 Mar 2025 |
Northland Capital Markets Tim Savageaux 39% 1-year accuracy 11 / 28 met price target | 23%upside $75 | Outperform Upgraded | 12 Mar 2025 |
Morgan Stanley Meta Marshall 64% 1-year accuracy 18 / 28 met price target | 25%upside $76 | Equal-Weight Maintained | 12 Mar 2025 |
Rosenblatt Mike Genovese 46% 1-year accuracy 19 / 41 met price target | 20%upside $73 | Neutral Maintained | 12 Mar 2025 |
Financial journalist opinion
Based on 17 articles about CIEN published over the past 30 days
