Zacks Research Weighs in on Ciena Co.’s Q1 2025 Earnings (NYSE:CIEN)

Ciena Co. (NYSE:CIEN) – Analysts at Zacks Research decreased their Q1 2025 earnings per share estimates for Ciena in a research report issued on Wednesday, September 25th. Zacks Research analyst R. Department now expects that the communications equipment provider will earn $0.21 per share for the quarter, down from their prior forecast of $0.27. The consensus estimate for Ciena’s current full-year earnings is $1.15 per share. Zacks Research also issued estimates for Ciena’s Q2 2025 earnings at $0.24 EPS, Q4 2025 earnings at $0.43 EPS and Q1 2026 earnings at $0.38 EPS.

Several other brokerages have also recently commented on CIEN. Bank of America reissued a “neutral” rating and issued a $59.00 price target on shares of Ciena in a research report on Thursday, September 5th. Morgan Stanley lifted their target price on Ciena from $55.00 to $60.00 and gave the company an “overweight” rating in a report on Wednesday, September 4th. Barclays upped their price target on Ciena from $55.00 to $67.00 and gave the stock an “overweight” rating in a report on Thursday, September 5th. Needham & Company LLC reiterated a “buy” rating and issued a $65.00 price objective on shares of Ciena in a research note on Thursday, September 5th. Finally, Rosenblatt Securities upped their target price on shares of Ciena from $54.00 to $60.00 and gave the stock a “neutral” rating in a research note on Thursday, September 5th. Four analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $61.00.

Ciena Stock Up 1.7 %

Shares of CIEN opened at $62.46 on Friday. The company has a debt-to-equity ratio of 0.53, a quick ratio of 2.99 and a current ratio of 4.06. The stock has a market capitalization of $9.02 billion, a PE ratio of 60.06, a P/E/G ratio of 7.93 and a beta of 0.94. The company’s 50-day simple moving average is $53.57 and its 200-day simple moving average is $49.96. Ciena has a 1 year low of $39.94 and a 1 year high of $63.24.

Ciena (NYSE:CIEN) last posted its earnings results on Wednesday, September 4th. The communications equipment provider reported $0.35 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.26 by $0.09. The firm had revenue of $942.30 million for the quarter, compared to analyst estimates of $928.31 million. Ciena had a return on equity of 5.98% and a net margin of 3.44%. Ciena’s revenue was down 11.8% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.36 EPS.

Institutional Trading of Ciena

A number of hedge funds have recently added to or reduced their stakes in the stock. Riverwater Partners LLC boosted its holdings in shares of Ciena by 0.9% in the first quarter. Riverwater Partners LLC now owns 26,281 shares of the communications equipment provider’s stock valued at $1,300,000 after acquiring an additional 237 shares in the last quarter. Panagora Asset Management Inc. boosted its holdings in Ciena by 4.6% in the 2nd quarter. Panagora Asset Management Inc. now owns 5,404 shares of the communications equipment provider’s stock valued at $260,000 after purchasing an additional 239 shares in the last quarter. Harbor Capital Advisors Inc. increased its position in Ciena by 17.4% during the 2nd quarter. Harbor Capital Advisors Inc. now owns 3,465 shares of the communications equipment provider’s stock worth $167,000 after purchasing an additional 514 shares during the period. Lumbard & Kellner LLC raised its stake in shares of Ciena by 0.9% during the 2nd quarter. Lumbard & Kellner LLC now owns 65,799 shares of the communications equipment provider’s stock worth $3,170,000 after buying an additional 612 shares in the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank raised its stake in shares of Ciena by 2.1% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 30,862 shares of the communications equipment provider’s stock worth $1,487,000 after buying an additional 632 shares in the last quarter. 91.99% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Ciena

In related news, SVP David M. Rothenstein sold 3,500 shares of the business’s stock in a transaction on Monday, September 16th. The shares were sold at an average price of $56.24, for a total value of $196,840.00. Following the completion of the sale, the senior vice president now directly owns 205,421 shares of the company’s stock, valued at $11,552,877.04. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. In related news, SVP Jason Phipps sold 2,712 shares of the company’s stock in a transaction on Monday, July 1st. The shares were sold at an average price of $48.29, for a total value of $130,962.48. Following the completion of the sale, the senior vice president now owns 96,000 shares in the company, valued at approximately $4,635,840. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, SVP David M. Rothenstein sold 3,500 shares of the stock in a transaction on Monday, September 16th. The stock was sold at an average price of $56.24, for a total transaction of $196,840.00. Following the sale, the senior vice president now owns 205,421 shares of the company’s stock, valued at approximately $11,552,877.04. The disclosure for this sale can be found here. Insiders have sold 9,712 shares of company stock valued at $498,637 in the last ninety days. Insiders own 0.83% of the company’s stock.

About Ciena

Ciena Corporation provides hardware and software services for delivery of video, data, and voice traffic metro, aggregation, and access communications network worldwide. The company's Networking Platforms segment offers convergence of coherent optical transport, open optical networking, optical transport network switching, IP routing, and switching services.