On August 7, Ciena rose 3.93% in regular trading, trading at $412.815/share, with turnover of $78.27 million. The optical communication sector collectively strengthened, with peers Applied Optoelectronics up 13.51% and Lumentum up 7.99%, creating broad sector resonance that propelled Ciena's continued rebound.

According to Light Counting data, the Ethernet optical module market is expected to grow 65%, with 800G optical module shipments projected to more than double, reflecting sustained high industry demand. On the fundamentals side, Ciena's latest interim report showed revenue of $2.998 billion, up 36.38% year-over-year, with net profit surging 588.26%. BNP Paribas previously raised its target price to $640 and maintained an outperform rating, with robust earnings providing solid support for the stock's recovery momentum.

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