Ciena Corp
CIEN: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|SJ | LOCK|$>@<# | LOCK|nyJ&FbZ |
Ciena Investor Forum: Fiscal 2029 Financial Targets Are Lofty but Achievable
Ciena held its investor forum on Sept. 16, during which management announced fiscal 2029 targets. The targets include 30% average annual revenue growth through 2029, 50% adjusted gross margin, and 33.5% adjusted operating margin at the midpoint.
