[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"content-doc-dcio5e1d6f6e":3},{"user":4,"document":8,"mainDocument":27,"columnUrl":29,"subscription":30,"footer":42,"text":80},{"isAuthenticated":5,"isAdmin":5,"displayName":6,"avatarUrl":6,"nid":6,"groupLevel":7},false,"",-10,{"id":9,"fullTitle":10,"subTitle":6,"url":11,"columnId":12,"columnName":13,"columnUrl":14,"summary":6,"contentHtml":15,"mainContentHtml":6,"posterUrl":16,"createDate":17,"displayDate":18,"displayDateSlash":19,"pageviews":20,"tags":21,"hidden":5,"isSubContent":5,"replyDocOrTargetId":6,"contentType":23,"videoId":6,"liveVideoUrl":6,"duration":24,"price":24,"priceText":25,"priceBadgeText":25,"priceBadgeClass":26,"freeForMinGroupLevel":24,"redirectUrl":6,"readyToStream":5},"dcio5e1d6f6e","AI推动800G光模块加速渗透-美银唱多思科(CSCO)与Ciena(CIEN)","\u002Fdoc\u002Fdcio5e1d6f6e","col18178739ee","美股资讯","\u002Fcol\u002Fcol18178739ee","\u003Cp>\r\n\u003Cp>\u003Cspan style=\"font-size: large;\">美股投资网获悉，美国银行(BofA)周二上调了Ciena(CIEN)与思科(CSCO)的目标价，该投行认为光网络市场的增长势头依然“坚韧”。分析师Tal Liani在给客户的报告中指出，思科近期公布的2026财年第三季度业绩，以及关于Acacia业务需求持续强劲的表述，使得该行对光网络底层需求环境保持乐观。Liani同时维持对Ciena和思科的“买入”评级。\u003C\u002Fspan>\u003C\u002Fp>\r\n\u003Cp>\u003Cspan style=\"font-size: large;\">思科于2026年5月14日公布了2026财年第三季度财报，业绩表现强劲，营收和盈利均实现两位数增长，并超出此前指引上限。公司实现了创纪录的158亿美元总营收，同比增长12%。产品营收达到121亿美元，增长17%，主要受到AI基础设施和园区网络需求的强劲推动。\u003C\u002Fspan>\u003C\u002Fp>\r\n\u003Cp>\u003Cspan style=\"font-size: large;\">Liani写道，思科披露，第三季度Acacia订单额超过10亿美元，其中AI相关光器件收入同比增长近4倍，达到约9.5亿美元;此外，超大规模数据中心对非AI光器件的需求也贡献了额外增长。\u003C\u002Fspan>\u003C\u002Fp>\r\n\u003Cp>\u003Cspan style=\"font-size: large;\">该行展望从400G向800G可插拔光模块的迁移趋势，认为思科与Ciena均处于有利位置，有望在这一快速增长的光网络周期中继续保持市场份额领先。\u003C\u002Fspan>\u003C\u002Fp>\r\n\u003Cp>\u003Cspan style=\"font-size: large;\">该行上调了对两家公司的盈利预测，以反映其在AI相关基础设施建设中强劲的光网络参与度。将思科的目标价从114美元上调至135美元(基于2027年预期企业价值\u002F自由现金流的29倍，此前为25倍)，将Ciena的目标价从550美元上调至660美元(基于2027年预期市盈率的69倍，此前为62倍)。\u003C\u002Fspan>\u003C\u002Fp>\r\n\u003Cp>\u003Cspan style=\"font-size: large;\">随着超大规模数据中心运营商加速升级基础设施，高速光网络技术正从400G向800G快速迁移。美银预计，全球800G ZR\u002FZR+光学市场规模将在2026年扩大近十倍，在整体光学市场中的占比将从2025年的4.6%大幅跃升至2026年的35.5%。\u003C\u002Fspan>\u003C\u002Fp>\r\n\u003Cp>\u003Cspan style=\"font-size: large;\">思科目前在800G细分市场占据约50%以上的份额，Ciena约占30%;不过Ciena因拥有更为节能的3nm DSP技术，预计其市场份额将继续提升。\u003C\u002Fspan>\u003C\u002Fp>\r\n\u003Cp>\u003Cspan style=\"font-size: large;\">思科旗下Acacia光学业务的强劲表现最能说明这一趋势——第三季度Acacia订单超过10亿美元，AI相关光器件收入同比增长近4倍，400G和800G相干可插拔光模块已分别出货超75万个和超4万个，2026整个财年有望实现超过200%的同比增长。\u003C\u002Fspan>\u003C\u002Fp>\r\n\u003Cp>\u003Cspan style=\"font-size: large;\">最专业的美股资讯,推荐美股大数据 \u003Ca href=\"https:\u002F\u002FStockwe.com\u002F\">https:\u002F\u002FStockwe.com\u002F\u003C\u002Fa>\u003C\u002Fspan>\u003C\u002Fp>\r\n\u003Cp>\u003Cspan style=\"font-size: large;\">如何识别美股市场异常波动？美国机构主力资金买卖情况，出货和吸筹，使用美股投资网VIP会员，2008年成立于美国硅谷，由前纽约证券交易所分析师Ken创立，联合多位摩根斯坦利分析师，谷歌 Meta工程师利用AI和大数据，配合十多年美股实战经验和业内量化模型，建立了一个股市数据库 \u003Ca href=\"https:\u002F\u002FStockWe.com\u002F\">https:\u002F\u002FStockWe.com\u002F\u003C\u002Fa> 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buy@TradesMax.com 美国电话 626-378-3637","公司介绍","\u003Cp class=\"MsoNormal\">美股大数据 \u003Ca href=\"https:\u002F\u002Fstockwe.com\" target=\"_blank\" rel=\"noopener\">StockWe.com\u003C\u002Fa> 是一个美国领先的金融和美股信息大数据提供商，紧盯华尔街金融市场和行情，2008年成立于美国硅谷，创始人是前纽约证券交易所资深分析师Ken，联合多位摩根斯坦利分析师，谷歌 Meta工程师利用AI和大数据，配合十多年美股实战经验和业内量化交易模型，每天处理海量股票数据：挖掘潜力大牛股，捕捉期权异动大单，实时主力资金流向、机构持仓变化、川普突发新闻，美股买卖信号第一时间发到您手机APP。\u003C\u002Fp>","专业美股投资者都在这里",{"loading":81,"search":82,"searchPlaceholder":82,"hotContent":83,"draft":84,"noData":85,"searchNoData":86,"edit":87,"editVideo":88,"courseContent":89,"more":90,"buyNow":91,"subscribeNow":92,"encoding":93,"paidContent":94},"Loading...","搜索","热门内容","草稿","目前没有任何内容公布","当前检索内容没有数据","编辑","编辑视频","课程内容","更多","立即购买后观看","- 立即订阅 -","视频编码中...","付费内容"]