Ciena (CIEN) Stock Soars to Record Highs Ahead of Q4 2025 Earnings: Is the AI Network Boom Already Priced In?
Ciena shares hit a new 52-week high above $214 on December 9, trading near $216–217, up nearly 190% over the past year. The company’s market cap is close to $30 billion, with a trailing P/E near 200. Multiple analysts raised price targets ahead of fiscal Q4 results due December 11. The latest targets range up to $240, though consensus lags at $141 due to older estimates.