Ciena Corporation (NYSE:CIEN) is one of the Best Unstoppable Growth Stocks to Buy Right Now. Ciena Corporation (NYSE:CIEN) gained 5.40% on January 2 and is now trading close to its 52-week high of $248.50. This follows the company’s impressive 207.08% gains over the past 6 months. Analysts believe that the performance is driven by strong AI demand, which is expected to continue driving growth in 2027 and 2028.
Wall Street has been bullish on the stock since the company released its fiscal Q4 2025 earnings on December 11. Following the release, on December 17, Meta Marshall from Morgan Stanley raised the firm’s price target on the stock from $195 to $213 and reiterated a Hold rating. Earlier on December 12, UBS also raised the price target on Ciena Corporation (NYSE:CIEN) from $120 to $230, while maintaining a Hold rating on the stock.
During the fiscal Q4 2025, the company grew its revenue by 20.27% year-over-year to reach $1.35 billion and surpassed expectations by $60.93 million. Moreover, the EPS of $0.91 also topped expectations by $0.14. Management noted the growth was driven by strong demand and the company’s financial discipline.
UBS noted the results to be sharply above the firm’s expectations. The firm added that Ciena Corporation’s (NYSE:CIEN) 2026 revenue outlook suggests around 24% growth at mid-point, which surpasses Wall Street’s expectation of low 20% growth. UBS also anticipates that strong demand for AI infrastructure, particularly from hyperscalers, is anticipated to allow the company to achieve double-digit growth in fiscal 2027 and 2028.
Ciena Corporation (NYSE:CIEN) provides networking hardware, software, and services to telecom operators and cloud providers, focusing on optical networking, routing, switching, and automation tools.
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Disclosure: None. This article is originally published at Insider Monkey.
