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Ciena's strong earnings and optimistic guidance suggest future growth, paralleling similar cases like NVIDIA’s rise post-earnings in 2021.
What happened, with direct paths to the underlying reporting
Ciena's stock fell 10.31% despite positive analyst forecasts. Analyst Mike Genovese raised the price target from $175 to $305. Ciena reported Q4 revenue rose 20% YoY, beating analysts' estimates. FY26 revenue growth guidance raised to 20%-28%, showing strong momentum. Ciena expects significant gains in upcoming 'scale-across' deployments.
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