Ciena Analysts Slash Their Forecasts After Q3 Earnings
Ciena beats Q3 estimates, raises FY2026 revenue outlook; shares gain 3.2%, while analysts cut price targets despite bullish ratings.
Ciena did better than expected this quarter and thinks it'll make more money next year, so its stock price went up. But some analysts lowered how high they think the price could go—which means they're being more careful, even though they still like the company.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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