Ciena Corporation (CIEN)
NYSE: CIEN · Real-Time Price · USD
84.08
-2.37 (-2.74%)
Feb 21, 2025, 4:00 PM EST - Market closed
Ciena Stock Forecast
Stock Price Forecast
The 14 analysts with 12-month price forecasts for Ciena stock have an average target of 78.71, with a low estimate of 54 and a high estimate of 98. The average target predicts a decrease of -6.39% from the current stock price of 84.08.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Ciena stock from 14 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Sep '24 | Oct '24 | Nov '24 | Dec '24 | Jan '25 | Feb '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 5 | 5 | 6 | 6 | 6 |
| Buy | 6 | 2 | 2 | 2 | 3 | 3 |
| Hold | 3 | 7 | 7 | 6 | 5 | 5 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 14 | 14 | 14 | 14 | 14 | 14 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JP Morgan | JP Morgan | Hold → Buy Upgrades $84 → $88 | Hold → Buy | Upgrades | $84 → $88 | +4.66% | Jan 28, 2025 |
| Needham | Needham | Strong Buy Reiterates $95 | Strong Buy | Reiterates | $95 | +12.99% | Jan 10, 2025 |
| Citigroup | Citigroup | Strong Buy Maintains $84 → $98 | Strong Buy | Maintains | $84 → $98 | +16.56% | Dec 13, 2024 |
| Barclays | Barclays | Buy Maintains $67 → $97 | Buy | Maintains | $67 → $97 | +15.37% | Dec 13, 2024 |
| Rosenblatt | Rosenblatt | Hold Maintains $75 → $94 | Hold | Maintains | $75 → $94 | +11.80% | Dec 13, 2024 |
Financial Forecast
Revenue This Year
4.50B
from 4.01B
Increased by 12.06%
Revenue Next Year
4.91B
from 4.50B
Increased by 9.20%
EPS This Year
2.46
from 0.58
Increased by 324.25%
EPS Next Year
3.50
from 2.46
Increased by 42.32%
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 4.7B | 5.1B | 5.6B |
| Avg | 4.5B | 4.9B | 5.3B |
| Low | 4.3B | 4.6B | 5.0B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 16.6% | 14.4% | 14.1% |
| Avg | 12.1% | 9.2% | 8.5% |
| Low | 7.0% | 1.7% | 2.0% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 3.05 | 4.15 | 4.64 |
| Avg | 2.46 | 3.50 | 4.30 |
| Low | 2.22 | 3.07 | 3.80 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 425.0% | 68.6% | 32.5% |
| Avg | 324.2% | 42.3% | 22.7% |
| Low | 283.6% | 24.7% | 8.6% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.