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NASDAQ:CIEN 29 December 2025 - 4 June 2026

Ciena Corporation Stock Faces $416 Reality Check as AI Network Push Heads to Brazil

Ciena Corporation Stock Faces $416 Reality Check as AI Network Push Heads to Brazil

Ciena Corporation’s AI-networking surge just got a more cautious look from Wall Street: Rothschild & Co Redburn initiated the stock at Neutral with a $416 price target on Friday, noting that some of the optical-networking gains are likely already factored into the share price. Analyst Mike Harrison pointed out that as generative AI spending becomes actual network construction, copper links should “increasingly give way” to optical fiber.
Corning stock slides after Broadcom warns AI racks will stick with copper longer

Corning stock slides after Broadcom warns AI racks will stick with copper longer

Corning Incorporated dropped roughly 4.4% to $138.43 around 11:40 a.m. ET Thursday. Broadcom gained 5.3%, while Ciena, another optical-networking player, tumbled about 15.2%. On Broadcom’s earnings call, CEO Hock Tan told analysts that customers still favor direct-attached copper for “scale-up” connections within AI racks, adding, “CPOs will come in its time. Not this year, maybe not next year.”
Ciena stock price swings on S&P 500 call-up, with Feb. 9 and March 5 in focus

Ciena stock price swings on S&P 500 call-up, with Feb. 9 and March 5 in focus

Ciena Corp shares slipped 0.8% to $251.41 Thursday afternoon, after fluctuating between $238.97 and $261.36 on roughly 2.7 million shares traded. S&P Dow Jones Indices announced Wednesday after the close that it will add the networking equipment maker to the S&P 500 ahead of trading on February 9. Ciena will replace Dayforce, following its acquisition by Thoma Bravo.
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