Ciena (CIEN) Soars to More Than 2 Decade High. Here's What Sparked the Rally [Yahoo! Finance]
Ciena Corporation (CIEN)
Last ciena corporation earnings: 3/5 07:00 am
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Source: Yahoo! Finance
Ciena Corporation extended its rally to a 6 th day on Thursday to hit a new 24-year high as investors cheered its impressive earnings performance in the full fiscal year of 2025, alongside an upbeat outlook for next year. At intra-day trading, Ciena Corporation (NYSE:CIEN) jumped to its highest price of $248 before trimming gains to finish the day just up by 9.25 percent at $242.37 apiece. The last time the stock touched the said level was in July 2001. In an updated report, Ciena Corporation (NYSE:CIEN) said that net income for the full fiscal year expanded by 47 percent to $123 million from $83.9 million in the same period last year. Revenues jumped by 18.9 percent to $4.77 billion from $4.01 billion year-on-year. For the fourth quarter, however, net income declined by 47 percent to $19.5 million from $37.03 million, despite revenues jumping by 20 percent to $1.35 billion from $1.12 billion. “Our results reflect Ciena's market momentum within a strong demand environment and
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CIEN
News
- Ciena (NYSE:CIEN) had its price target raised by analysts at JPMorgan Chase & Co. from $215.00 to $250.00. They now have an "overweight" rating on the stock.MarketBeat
- Ciena (NYSE:CIEN) was given a new $280.00 price target on by analysts at Argus.MarketBeat
- Ciena (NYSE:CIEN) had its "positive" rating reaffirmed by analysts at Morgan Stanley.MarketBeat
- Ciena (NYSE:CIEN) had its "neutral" rating reaffirmed by analysts at B. Riley.MarketBeat
- Ciena (NYSE:CIEN) had its "neutral" rating reaffirmed by analysts at UBS Group AG.MarketBeat
CIEN
Earnings
- 12/11/25 - Beat
CIEN
Sec Filings
- 12/12/25 - Form 10-K
- 12/11/25 - Form 8-K
- 12/5/25 - Form 4
- CIEN's page on the SEC website