Shares of Ciena fell about 4% premarket after Morgan Stanley downgraded the stock to Underweight from Equal-weight.

Investing.com -- Morgan Stanley downgraded Ciena (NYSE:CIEN) Corp to Underweight from Equal Weight and trimmed its price target to $70 from $73, saying rising sales tied to artificial ...

Ciena (NYSE:CIEN) downgraded by Morgan Stanley due to lower gross margins, with price target cut to $70.

Ciena has lifted its fiscal‑2026 revenue outlook by about 10% over the past three quarters, largely due to demand for 400‑gigabit pluggable modules used in data‑centre interconnects.

The downgrade comes despite Ciena’s significant opportunities in the optical AI market, with Morgan Stanley citing disappointing margin performance as the primary concern.

Leading network infrastructure provider Zayo Europe has deployed Ciena’s optical technology to launch a new German network covering 3,000km of fibre across 8 core domestic metros including Frankfurt, ...

Investing.com -- Morgan Stanley (NYSE:MS) downgraded Ciena (NYSE:CIEN) Corp to Underweight from Equal Weight and trimmed its price target to $70 from $73, saying rising sales tied to ...

Ciena has lifted its fiscal‑2026 revenue outlook by about 10% over the past three quarters, largely due to demand for 400‑gigabit pluggable modules used in data‑centre interconnects. Yet consensus ...

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