🟢 Ciena is trading 5% up today after Northland raised its 2026 EPS forecast

Ciena is trading 4.94% up now at $351.10 after Northland Securities raised its full-year 2026 EPS forecast to $6.05 from $5.39.

• Northland also initiated a fiscal 2027 EPS estimate of $10.98.
• Q3 adjusted EPS was $2.11 versus the $1.74 consensus, while revenue reached $1.67 billion.
• AI-led cloud demand and higher earnings expectations are supporting the move.