Target upside +26%
Optical networking stocks including Ciena are experiencing a pullback, presenting buying opportunities for investors. Multiple traders are adding positions in the sector at lower prices, viewing the dip as a tactical entry point.
- Target upside +26%Average analyst target $493 vs current price $391
- Wall Street rating · BuyAnalyst rating consensus
- Authors active recently · 3Curated authors discussed it within the last 3 days.
Main discussion
- Optical networking sector pullback creating entry opportunities; trader added positions in $CIEN and peers ($COHR, $GLW, $NOK, $LITE, $AAOI) at lower prices today.
- Ciena positioned as a core holding in optical networking portfolio; trader notes previous entry at $409 and current price still above that level.
Different voices
- Trader cautious on Lumentum ($LITE) specifically, having already filled position at $600s, suggesting selective approach to sector accumulation.
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@saynototrading· 20.9K followersThose wanting another bite on optical networking names are getting it now: $COHR, $GLW, $NOK, $LITE, $CIEN, and X fav $AAOI. I've added on all today except Lumentum, because I got $600s on that last week, and Ciena, which I got at $409 so still slightly above that. Most consolida
@thematictrader· 13.8K followersI'll come on the record and say I believe 1-month out put sales in some AI former leadership look like one of the best risk to reward opportunities I've seen in many months. Obviously, would want to do this in the stocks one believes in and understand their business the most. We