Core Viewpoint - Ciena Corporation (NYSE:CIEN) is gaining attention as a trending AI stock, with Raymond James raising its price target significantly from $120 to $250 while maintaining an "Outperform" rating following the company's fiscal fourth-quarter 2025 report [1] Group 1: Financial Outlook - Ciena has raised its fiscal year 2026 growth outlook to 21%-29%, an increase from the previous projection of 17% growth, which alleviates concerns regarding a soft first-quarter forecast [2] - The company's growth is attributed to expanded demand, stronger hyperscale sales, and the introduction of new products [2] Group 2: Business Developments - Ciena's new architecture, Scaleacross, is enabling multiple AI training data centers to operate as a unified system, which is a key driver of the company's growth [3] - The expansion of training clusters across multiple data centers is expected to mark the beginning of significant growth for Ciena [3]