Why Ciena Stock Soared Today
Ciena Corporation (NYSE: CIEN) stock raced ahead 22.7% through 10:55 a.m. ET Wednesday after the company beat analyst forecasts for fiscal Q3 2025 earnings.
Wall Street expected Ciena to report a $0.53-per-share "adjusted" profit for the quarter on sales of $1.17 billion. Ciena beat the sales forecast by $50 million and reported quarterly profit of $0.67 per share.
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Source Fool.com
Ciena Corp. Stock
€128.50
-0.460%
The stock is one of the favorites of our community with 31 Buy predictions and 3 Sell predictions.
However, we have a potential of -6.61% for Ciena Corp. as the target price of 120 € is below the current price of 128.5 €.
