Ciena (CIEN) to Release Earnings on Thursday

Key Points

• Ciena is set to release its Q3 2025 earnings on Thursday, September 4th, with analysts estimating earnings of $0.52 per share and revenue of $1.1764 billion.
• In its previous quarter, Ciena reported an EPS of $0.42, missing expectations, while revenue increased by 23.6% year-over-year, reaching $1.13 billion.
• Recent insider trading activity included sales by SVP Brodie Gage and CEO Gary B. Smith, with Gage selling 350 shares and Smith selling 6,800 shares, reflecting decreases in their positions.

Ciena (NYSE:CIEN - Get Free Report) is projected to post its Q3 2025 results before the market opens on Thursday, September 4th. Analysts expect Ciena to post earnings of $0.52 per share and revenue of $1.1764 billion for the quarter. Ciena has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS.Investors are encouraged to explore the company's upcoming Q3 2025 earningoverview page for the latest details on the call scheduled for Thursday, September 4, 2025 at 8:30 AM ET.

Ciena (NYSE:CIEN - Get Free Report) last announced its earnings results on Thursday, June 5th. The communications equipment provider reported $0.42 EPS for the quarter, missing analysts' consensus estimates of $0.50 by ($0.08). The business had revenue of $1.13 billion for the quarter, compared to the consensus estimate of $1.09 billion. Ciena had a net margin of 2.46% and a return on equity of 5.08%. The business's quarterly revenue was up 23.6% on a year-over-year basis. During the same quarter last year, the firm posted $0.27 EPS. On average, analysts expect Ciena to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Ciena Stock Performance

Shares of Ciena stock opened at $92.90 on Thursday. The stock has a market cap of $13.13 billion, a price-to-earnings ratio of 129.03, a PEG ratio of 2.05 and a beta of 1.11. The firm's 50-day moving average is $86.13 and its 200 day moving average is $76.78. Ciena has a 1 year low of $49.21 and a 1 year high of $101.44. The company has a debt-to-equity ratio of 0.55, a current ratio of 3.40 and a quick ratio of 2.57.

Insider Activity at Ciena

In other Ciena news, SVP Brodie Gage sold 350 shares of the stock in a transaction that occurred on Friday, August 15th. The shares were sold at an average price of $90.94, for a total transaction of $31,829.00. Following the completion of the sale, the senior vice president directly owned 43,268 shares of the company's stock, valued at $3,934,791.92. This trade represents a 0.80% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Gary B. Smith sold 6,800 shares of the stock in a transaction that occurred on Friday, August 15th. The shares were sold at an average price of $90.54, for a total value of $615,672.00. Following the transaction, the chief executive officer owned 311,957 shares of the company's stock, valued at $28,244,586.78. This represents a 2.13% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 32,969 shares of company stock valued at $2,694,781. Corporate insiders own 0.93% of the company's stock.

Institutional Trading of Ciena

Hedge funds and other institutional investors have recently bought and sold shares of the business. Advisory Services Network LLC increased its stake in shares of Ciena by 58.1% during the second quarter. Advisory Services Network LLC now owns 14,610 shares of the communications equipment provider's stock valued at $1,188,000 after buying an additional 5,369 shares during the period. State of Tennessee Department of Treasury grew its stake in Ciena by 5.7% in the second quarter. State of Tennessee Department of Treasury now owns 57,457 shares of the communications equipment provider's stock valued at $4,673,000 after purchasing an additional 3,112 shares during the last quarter. Captrust Financial Advisors grew its stake in Ciena by 22.6% in the second quarter. Captrust Financial Advisors now owns 14,599 shares of the communications equipment provider's stock valued at $1,187,000 after purchasing an additional 2,693 shares during the last quarter. Tidal Investments LLC grew its stake in Ciena by 28.2% in the second quarter. Tidal Investments LLC now owns 43,584 shares of the communications equipment provider's stock valued at $3,545,000 after purchasing an additional 9,575 shares during the last quarter. Finally, Shay Capital LLC purchased a new position in Ciena in the second quarter valued at about $423,000. Hedge funds and other institutional investors own 91.99% of the company's stock.

Analyst Ratings Changes

Several equities analysts have issued reports on the stock. Evercore ISI restated a "mixed" rating on shares of Ciena in a research note on Friday, June 6th. Morgan Stanley restated an "underweight" rating and set a $70.00 target price (down previously from $73.00) on shares of Ciena in a research note on Tuesday, July 8th. Wall Street Zen cut shares of Ciena from a "buy" rating to a "hold" rating in a research note on Friday, August 22nd. UBS Group upped their target price on shares of Ciena from $73.00 to $78.00 and gave the company a "neutral" rating in a research note on Friday, June 6th. Finally, Northland Securities set a $100.00 target price on shares of Ciena in a research note on Monday, June 30th. Two equities research analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $85.54.

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.

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