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Ciena ( (CIEN) ) just unveiled an update.
On September 22, 2025, Ciena Corporation announced a definitive agreement to acquire Nubis Communications, a company specializing in high-performance, ultra-compact, low-power optical and electrical interconnects for AI workloads. This acquisition, valued at $270 million, aims to expand Ciena’s data center strategy by enhancing its portfolio with Nubis’ technologies, which include Co-Packaged Optics and Electrical ACC. The transaction, expected to close in Ciena’s fiscal fourth quarter of 2025, will also bring over 50 engineers from Nubis to strengthen Ciena’s expertise and competitive advantage in addressing the growing demand for scalable, high-performance connectivity driven by AI-related traffic.
The most recent analyst rating on (CIEN) stock is a Buy with a $155.00 price target. To see the full list of analyst forecasts on Ciena stock, see the CIEN Stock Forecast page.
Spark’s Take on CIEN Stock
According to Spark, TipRanks’ AI Analyst, CIEN is a Outperform.
Ciena’s strong financial performance and positive earnings call sentiment are the most significant factors driving the score. The technical analysis supports a bullish outlook, although the high P/E ratio suggests overvaluation concerns. The absence of corporate events and dividend yield slightly detracts from the overall attractiveness.
To see Spark’s full report on CIEN stock, click here.
More about Ciena
Ciena is a global leader in high-speed connectivity, specializing in building adaptive networks to support the exponential growth in bandwidth demand. The company leverages its networking systems, components, automation software, and services to revolutionize data transmission and network management, empowering customers, partners, and communities in the AI era.
Average Trading Volume: 2,338,614
Technical Sentiment Signal: Buy
Current Market Cap: $19.52B
Learn more about CIEN stock on TipRanks’ Stock Analysis page.