Rothschild & Co Redburn Initiates Coverage of Ciena Corporation (CIEN)

1 week ago 9

Noor Ul Ain Rehman

Thu, May 7, 2026 astatine 11:38 AM CDT 2 min read

Ciena Corporation (NYSE:CIEN) is 1 of the apical banal giants that were abruptly connected occurrence successful April. Rothschild & Co Redburn initiated sum of Ciena Corporation (NYSE:CIEN) with a Neutral standing connected May 1, mounting a terms people of $416. The steadfast told investors successful a probe enactment that the monetization of generative AI capex volition necessitate much intelligent ample connection models, and that the transmission of electrical signals down copper wires volition progressively springiness mode to the transmission of photonic signals down optical fibers.

Ciena (CIEN) Breaks Record with 1.2 Terabit Wavelength Trial Across 3,050 km Fiber Network

Rothschild & Co Redburn further stated that though it believes the modulation represents a caller addressable marketplace for optical networking companies, it is important to enactment that immoderate of the accidental has already been discounted by the market. The steadfast launched sum of six names successful the AI networking space, with 4 Buys and 2 Neutrals.

Ciena Corporation (NYSE:CIEN) besides received a standing update from Morgan Stanley connected April 20. The steadfast lifted the terms people connected the banal to $405 from $286 and maintained an Equal Weight standing connected the shares.

Ciena Corporation (NYSE:CIEN) is simply a web exertion institution that provides hardware, software, and services to web operators, portion besides enabling enhanced web capacity, automation, and work delivery. The company’s operations are divided into the pursuing segments: Networking Platforms, Platform Software and Services, Blue Planet Automation Software and Services, and Global Services.

While we admit the imaginable of CIEN arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

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