Professional
Added to YB: 2024-12-19
Pitch date: 2024-12-18
CIEN [bullish]
Ciena Corporation
+155.49%
current return
Author Info
No bio for this author
Company Info
Ciena Corporation, a network technology company, provides hardware, software, and services for various network operators in the Americas, Europe, the Middle East, Africa, the Asia Pacific, Japan, and India.
Market Cap
$31.3B
Pitch Price
$85.50
Price Target
105.00 (-52%)
Dividend
N/A
EV/EBITDA
77.65
P/E
226.47
EV/Sales
6.93
Sector
Communications Equipment
Category
growth
CIEN: Jefferies Sees Strong Upside with $105 Target
CIEN: Jefferies top 2025 pick. AI traffic impact underestimated, structural optical winner, inventory reduction completion to benefit. Multi-year AI growth cycle. PT $105. Attractive 20x fwd P/E. Buy rating reiterated by analyst George Notter.
Read full article (1 min)