Have you evaluated the performance of Ciena's (CIEN) international operations for the quarter ending October 2025? Given the extensive global presence of this developer of high-speed networking technology, analyzing the patterns in international revenues is crucial for understanding its financial strength and potential for growth.The global economy today is deeply interlinked, making a company's engagement with international markets a critical factor in determining its financial success and growth path. It ...

Following my coverage on Ciena Corporation ( CIEN ) in October '23, in which I recommended a buy rating given the solid fundamentals, execution of major projects, and an expanding TAM, this post is to provide an update onI take a fundamentals-based approach to value investing.I disagree with the common misconception held by many investors that low multiple stocks must be cheap. I look for companies that offer the best long-term durability at the most affordable prices. Consequently, I have a propensity to b ...

Core Insights - The article provides an update on Ciena Corporation (CIEN) following a previous recommendation to buy, highlighting solid fundamentals, successful project execution, and an expanding Total Addressable Market (TAM) [1] Group 1: Investment Philosophy - The company adopts a fundamentals-based approach to value investing, emphasizing that low multiple stocks are not necessarily cheap [1] - The focus is on identifying companies with long-term growth potential, stability, and strong balance sheets [1] - There is an acknowledgment of the risks involved in investing in successful companies, particularly regarding valuation [1] Group 2: Market Position - Ciena Corporation is positioned in a market with a vast development runway, suggesting that immediate price concerns may be less critical [1]

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d)OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended November 1, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d)OF THE SECURITIES EXCHANGE ACT OF 1934 Securities registered pursuant to Section 12(b) of the Act: For the transition period from to Commission file number 001-36250 Ciena Corporation (Exact name of registrant as speci ...

We recently published 10 Firms Stealing the Spotlight; 4 Are Climbing to Record Highs. Ciena Corporation (NYSE:CIEN) is one of the best performers on Thursday. Ciena Corporation extended its rally to a 6th 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 ...

Ciena Corp (NYSE:CIEN) stock gave up its Thursday gains despite Wall Street analysts boosting their price forecasts on the stock.It delivered a standout fourth-quarter result and issued upbeat guidance that points to accelerating growth in 2026.Rosenblatt analyst Mike Genovese maintained Ciena with a Buy rating and raised the price forecast from $175 to $305.Also Read: AI Demand Fuels Ciena Growth, CEO Sees Strong 2026 MomentumStrong Q4 Performance And Expanding BacklogGenovese said Ciena closed fiscal four ...

华尔街最受热议且对市场影响显著的研报评级观点现已汇总于此。以下是《The Fly》整理的、投资者 需关注的当日研报评级变动。 五大评级上调 五大评级下调 五大首次覆盖评级 1. 杰富瑞将露露乐蒙（LULU）的评级从 "跑输大盘" 上调至 "持有"，目标价从 120 美元上调至 170 美元。该机构在研报中向投资者表示，公司首席执行官即将离任这一事件是 "重大利好"。 2. 瑞银在分析师团队接手研报覆盖后，将美国航空（AAL）的评级从 "中性" 上调至 "买入"，目标 价从 14 美元上调至 20 美元。瑞银在研报中称，市场尚未充分认识到，随着企业客户营收逐步复 苏，美国航空未来几年有望 "大幅提升" 利润。 3. 摩根大通将花旗集团（C）的评级从 "中性" 上调至 "增持"，目标价从 107 美元上调至 124 美元。 该机构认为，2026 年稳健的经济环境以及强劲的市场相关业务活动，将令花旗相较同行获益更 多。 4. 古根海姆将百时美施贵宝（BMY）的评级从 "中性" 上调至 "买入"，并给出 2026 年 62 美元的目 标价。古根海姆认为，这一目标价对应的投资性价比和管线驱动的风险收益比 "颇具吸引力" ...

Core Insights - Ciena Corporation (CIEN) reported strong fourth-quarter fiscal 2025 results, with adjusted earnings per share (EPS) of 91 cents, exceeding the Zacks Consensus Estimate of 77 cents, and reflecting a year-over-year increase of 68.5% driven by operational improvements [1][9] Financial Performance - Quarterly revenues increased by 20.3% year over year to $1.35 billion, surpassing the Zacks Consensus Estimate of $1.3 billion and exceeding the guidance range of $1.24-$1.32 billion, attributed to strong demand in optical networking, AI-driven infrastructure, and robust orders from cloud and telecom customers [2][9] - Ciena has a $5 billion backlog, including $3.8 billion in hardware and software, indicating solid support for revenue in 2026 and clear demand signals extending into 2027 [2] Market Position and Strategy - Ciena's product portfolio is crucial for meeting the bandwidth-intensive, low-latency requirements of AI models and data center interconnects, with a focus on operational efficiency, share repurchases, and strong free cash flow [3] - The company gained two points of optical market share year to date and is well-positioned for further growth in 2026, driven by increasing momentum among cloud and service providers [3] Stock Performance - Following record performance due to rising global connectivity needs and AI workload growth, Ciena's shares rose by 9.25% on December 11, closing at $242.37, with a 170.1% increase over the past year compared to the Zacks Communication-Components industry's growth of 106.3% [4] Segment Results - Networking Platforms, accounting for 77.5% of total revenues, saw a 22% year-over-year increase to $1.05 billion, with Optical revenue up 19% and Routing and Switching revenue growing by 49% [5] - Global Services revenues increased by 25% year over year to $177.3 million, driven by significant growth in advisory and enablement services [6] Customer Base - Non-telecom customer revenues represented 55% of total revenues in the fiscal fourth quarter, with three customers contributing 43.6% of the top line [7] Operational Metrics - Non-GAAP adjusted gross margin improved to 43.4%, exceeding guidance by 90 basis points, while adjusted operating margin rose to 13.2% [11][12] - Cash flow from operating activities was $371 million, with $1.4 billion in cash and investments as of November 1, 2025 [13] Future Guidance - Ciena's updated guidance for fiscal 2026 anticipates revenue of $5.7–$6.1 billion, reflecting approximately 24% growth at the midpoint, an increase from the previous 17% outlook [14] - The company expects fiscal 2026 operating margin to improve to about 17% and capital expenditures to be between $250–$275 million to support robust demand [15][16] - For the first quarter of fiscal 2026, management projects revenues between $1.35-$1.43 billion, with adjusted operating margin estimated at 15.5-16.5% [17]

Ciena Corp (NYSE:CIEN) reported better-than-expected fourth-quarter results and issued upbeat first-quarter sales guidance on Thursday.The company reported a quarterly revenue growth of 20.3% year-on-year to $1.35 billion, beating the analyst consensus estimate of $1.29 billion. The American telecom networking equipment and software services supplier reported adjusted EPS of 91 cents, beating the analyst consensus estimate of 77 cents.Ciena expects first-quarter revenue of $1.350 billion-$1.430 billion (com ...

Ciena Corp (NYSE:CIEN) reported better-than-expected fourth-quarter results and issued upbeat first-quarter sales guidance on Thursday.The company reported a quarterly revenue growth of 20.3% year-on-year to $1.35 billion, beating the analyst consensus estimate of $1.29 billion. The American telecom networking equipment and software services supplier reported adjusted EPS of 91 cents, beating the analyst consensus estimate of 77 cents.Ciena expects first-quarter revenue of $1.350 billion-$1.430 billion (com ...