CIEN Stock Recent News

Ciena Corporation's Q1 '25 earnings report is expected to show flat revenue growth, with EPS estimates of $0.41 non-GAAP and $0.14 GAAP on $1.05B in revenues. Key focus areas include AI-driven demand, data center spending, and the performance of new products like WaveLogic 6 Extreme and Nano. Management's confidence in long-term growth (8%-11%) hinges on robust AI and data center investments by tech giants like Meta, Amazon, and Alphabet.

CIEN's advanced WaveLogic 6 Extreme solution is harnessed by Cirion Technologies to bolster the latter's digital infrastructure.

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AI stocks soared last week after OpenAI announced a partnership with Oracle (ORCL) and SoftBank that could result in up to half a trillion dollars of investment in AI infrastructure over the next four years.

CIEN gains from rising network traffic, demand for bandwidth and the adoption of cloud architecture but competition, supply chain issues and higher costs limit its upside.

CIEN's WaveLogic 6 Extreme is used by Southern Cross to reach the world's first transpacific 1 Tb/s single-carrier wavelength on its live production network.

Northland analyst Tim Savageaux "once again" makes Nokia (NOK) a top pick in the firm's Communications Tech universe for 2025 after "a respectable 30%+ return in CY24," the analyst tells investors. Cloud providers accounted for over 40% of Infinera (INFN) revenue in Q3, which was a greater share than Ciena's (CIEN), notes the analyst, who sees Nokia's post deal $3.5B Optical unit valued at over $10B on a comparable basis. The firm. which sees the potential for "a significant positive rerating of the shares" in 2025, maintains an Outperform rating and $6.50 price target on Nokia. Nokia +0.07 (+1.54%) Infinera +0.035 (+0.53%) Ciena -2.64 (-3.12%)

HANOVER, Md.--(BUSINESS WIRE)--Ciena® Corporation (NYSE: CIEN) today announced its expected participation in the following upcoming event with the financial community.

The demand for faster connectivity in data centers has been increasing of late to support artificial intelligence (AI) workloads, and this demand has rubbed off positively on companies such as Ciena (CIEN 0.44%) that are in the business of providing networking components.

Just as stocks can gap and crap on an earnings report, meaning the price initially gaps higher on the market open and sells off back to red during the day, stocks can also do the opposite, dump, and gap. Such was the case with leading optical networking solutions provider Ciena Co. NYSE: CIEN after releasing its fiscal fourth quarter 2024 earnings.