Ciena Corporation

4 Cloud Computing Stocks to Bet on for Solid Long-Term Gains

Alphabet, Microsoft, Arista and Ciena are poised to benefit from booming cloud computing demand, fueled by AI adoption and expanding infrastructure.

CIEN Wins Space Norway Cable Deal: Can Subsea Networking Drive Growth?

Ciena secures a Space Norway contract to modernize Arctic subsea cables and deploy advanced networking technology, boosting capacity and connectivity.

Networking Stocks Rally as Tech Rebound Lifts AI Gear Makers: Ciena and Arista Climb 4%, but Cisco Barely Moves

Networking hardware is leading a broad technology rebound, and suppliers of optical links and Ethernet switches for AI data centers are drawing the biggest buying.

First Citizens Bank & Trust Co. Buys New Holdings in Ciena Corporation $CIEN

Ciena: AI Demand Is Outrunning Supply

Ciena is rated Buy, driven by surging AI-related demand and robust backlog growth, with a 37% YoY revenue increase in Q3 FY2026. CIEN targets ~30% revenue CAGR through FY2029, with management guiding for a 50% adjusted gross margin and a 32–35% adjusted operating margin. Backlog reached $8.5B in Q3 FY2026 and is expected to exceed $10B by year-end, reflecting strong order momentum outpacing shipments.

Ciena's revenue could grow up to 40% as AI demand outstrips supply, says Bank of America

Bank of America expects Ciena Corporation (NYSE:CIEN), the optical networking equipment maker, to deliver revenue growth of 35% to 40% in the calendar year 2026 as demand for artificial intelligence infrastructure outstrips available supply. The bank maintains a 'buy' rating on the shares with a $550 price target, supported by rising cloud-provider spending and expanding opportunities to connect data centres.

Why Ciena, Lumentum and other optical stocks were among the market's biggest losers on Monday

The sharp moves could partly be a reaction to recent cautious commentary on AI spending.

Ciena Corporation (CIEN) Price Forecast: Breakout Signals Broader Upside Potential

Ciena has triggered a monthly bullish reversal, with a pullback toward key support offering traders a potential entry ahead of a possible continuation higher.