Ciena (CIEN)
NYSE:CIEN

Ciena (CIEN) Stock Forecast & Price Target

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See the Price Targets and Ratings of:

CIEN Analyst Ratings

Strong Buy
13Ratings
10 Buy
3 Hold
0 Sell
Based on 13 analysts giving stock ratings to
Ciena
in the past 3 months
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers​ in the past 3 months

CIEN Stock 12 Months Forecast

Average Price Target

$57.38
▲(28.17% Upside)
Based on 13 Wall Street analysts offering 12 month price targets for Ciena in the last 3 months. The average price target is $57.38 with a high forecast of $71.00 and a low forecast of $45.00. The average price target represents a 28.17% change from the last price of $44.77.
Highest Price Target$71.00Average Price Target$57.38Lowest Price Target$45.00
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.

Detailed List of Analyst Forecasts​

Analyst Profile
Expert Firm
Price Target
Position
Upside / Downside
Action
Date
Follow
Article
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Raymond James
$55.00
Buy
22.85%
Upside
Reiterated
Raymond James Maintains Outperform Rating for Ciena: Heres What You Need To KnowRaymond James has decided to maintain its Outperform rating of Ciena CIEN and lower its price target from $64.00 to $55.00.
Citigroup
$55.00
Buy
22.85%
Upside
Reiterated
CIENA (CIEN) PT Lowered to $55 at CitiCiti analyst Jim Suva lowered the price target on CIENA (NYSE: CIEN) to $55.00 (from $65.00) while maintaining a Buy rating.
Bank of America Securities
$57.00
Buy
27.32%
Upside
Reiterated
CIENA (CIEN) PT Lowered to $57 at BofA SecuritiesBofA Securities analyst Tal Liani lowered the price target on CIENA (NYSE: CIEN) to $57.00 (from $70.00) while maintaining a Buy rating.
Needham
$70.00
Buy
56.35%
Upside
Reiterated
Needham Remains a Buy on Ciena (CIEN)
Loop Capital Markets
$68.00
Buy
51.89%
Upside
Reiterated
Setup for Ciena Q3 looks 'extremely attractive', says Loop CapitalSetup for Ciena Q3 looks 'extremely attractive', says Loop Capital
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CIEN Financial Forecast

CIEN Earnings Forecast
Next quarter’s earnings estimate for CIEN is $0.08 with a range of $0.04 to $0.13. The previous quarter’s EPS was $0.33. CIEN beat its EPS estimate 25.00% of the time in the past 12 months, while its overall industry beat the EPS estimate 62.72% of the time in the same period. In the last calendar year CIEN has Underperformed its overall industry.
Next quarter’s earnings estimate for CIEN is $0.08 with a range of $0.04 to $0.13. The previous quarter’s EPS was $0.33. CIEN beat its EPS estimate 25.00% of the time in the past 12 months, while its overall industry beat the EPS estimate 62.72% of the time in the same period. In the last calendar year CIEN has Underperformed its overall industry.
CIEN Sales Forecast
Next quarter’s sales forecast for CIEN is $846.96M with a range of $809.90M to $868.00M. The previous quarter’s sales results were $867.98M. CIEN beat its sales estimates 25.00% of the time in past 12 months, while its overall industry beat sales estimates 67.08% of the time in the same period. In the last calendar year CIEN has Underperformed its overall industry.
Next quarter’s sales forecast for CIEN is $846.96M with a range of $809.90M to $868.00M. The previous quarter’s sales results were $867.98M. CIEN beat its sales estimates 25.00% of the time in past 12 months, while its overall industry beat sales estimates 67.08% of the time in the same period. In the last calendar year CIEN has Underperformed its overall industry.
CIEN Analyst Recommendation Trends
In the current month, CIEN has received 0 Buy ratings 0 Hold ratings, and 0 Sell ratings. The CIEN average analyst price target in the past 3 months is $57.38
In the current month, CIEN has received 0 Buy ratings 0 Hold ratings, and 0 Sell ratings. The CIEN average analyst price target in the past 3 months is $57.38

CIEN Stock Forecast FAQ

What is CIEN’s average 12-month price target, according to analysts?
Based on analyst ratings, Ciena’s 12-month average price target is $57.38.
    What is CIEN’s upside potential, based on the analysts’ average price target?
    Ciena has 28.17% upside potential, based on the analysts’ average price target.
      Can I see which stocks the top-ranking analysts are rating?
      Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
        How can I follow the stock ratings of top Wall Street analysts?
        Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
          Is CIEN a Buy, Sell or Hold?
          Ciena has a conensus rating of Strong Buy which is based on 10 buy ratings, 3 hold ratings and 0 sell ratings.
            What is Ciena’s price target?
            The average price target for Ciena is $57.38. This is based on 13 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
            The highest analyst price target is $71.00 ,the lowest forecast is $45.00. The average price target represents 28.17% Increase from the current price of $44.77.
              What do analysts say about Ciena?
              Ciena’s analyst rating consensus is a ‘Strong Buy. This is based on the ratings of 13 Wall Streets Analysts.

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