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 disclosures by fund managers ($100M+ AUM)
144% more first-time investments, than exits
New positions opened: 127 | 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
36% more capital invested
Capital invested by funds: $8.75B [Q3] → $11.9B (+$3.13B) [Q4]
14% more funds holding
Funds holding: 459 [Q3] → 525 (+66) [Q4]
0.26% more ownership
Funds ownership: 98.33% [Q3] → 98.59% (+0.26%) [Q4]
2% less repeat investments, than reductions
Existing positions increased: 165 | Existing positions reduced: 169
Research analyst outlook
8 Wall Street Analysts provided 1 year price targets over the past 3 months
8 analyst ratings
Rosenblatt Mike Genovese 56% 1-year accuracy 28 / 50 met price target | 18%downside $65 | Neutral Maintained | 22 Apr 2025 |
JP Morgan Samik Chatterjee 58% 1-year accuracy 42 / 73 met price target | 4%downside $76 | Overweight Maintained | 17 Apr 2025 |
Citigroup Jim Suva 75% 1-year accuracy 3 / 4 met price target | 6%downside $75 | Buy Maintained | 14 Apr 2025 |
B. Riley Securities Dave Kang 67% 1-year accuracy 6 / 9 met price target | 12%upside $89 | Buy Maintained | 12 Mar 2025 |
Barclays Tim Long 65% 1-year accuracy 37 / 57 met price target | 26%upside $100 | Overweight Maintained | 12 Mar 2025 |
Financial journalist opinion
Based on 6 articles about CIEN published over the past 30 days
