Ciena Corporation (CIEN)
NYSE: CIEN · Real-Time Price · USD
61.56
-1.30 (-2.07%)
At close: Mar 28, 2025, 4:00 PM
61.49
-0.07 (-0.11%)
After-hours: Mar 28, 2025, 7:56 PM EDT

Ciena Stock Forecast

Stock Price Forecast

The 13 analysts with 12-month price forecasts for Ciena stock have an average target of 81.92, with a low estimate of 54 and a high estimate of 100. The average target predicts an increase of 33.07% from the current stock price of 61.56.

Analyst Consensus: Buy
Target Low Average Median High
Price $54 $81.92 $88 $100
Change -12.28% +33.07% +42.95% +62.44%

Analyst Ratings

The average analyst rating for Ciena stock from 13 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 Oct '24Nov '24Dec '24Jan '25Feb '25Mar '25
Strong Buy 556665
Buy 222334
Hold 776554
Sell 000000
Strong Sell 000000
Total 141414141413

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
B. Riley Securities
B. Riley Securities
Strong Buy
Maintains
$97$89
Strong Buy Maintains $97$89 +44.57% Mar 12, 2025
Barclays
Barclays
Buy
Maintains
$97$100
Buy Maintains $97$100 +62.44% Mar 12, 2025
Northland Capital Markets
Northland Capital Markets
Buy
Upgrades
$60$75
Buy Upgrades $60$75 +21.83% Mar 12, 2025
Morgan Stanley
Morgan Stanley
Hold
Maintains
$80$76
Hold Maintains $80$76 +23.46% Mar 12, 2025
Rosenblatt
Rosenblatt
Hold
Maintains
$79$73
Hold Maintains $79$73 +18.58% Mar 12, 2025
More Analyst Ratings

Financial Forecast

Revenue This Year
4.50B
from 4.01B
Increased by 12.01%
Revenue Next Year
4.91B
from 4.50B
Increased by 9.09%
EPS This Year
2.59
from 0.58
Increased by 346.09%
EPS Next Year
3.48
from 2.59
Increased by 34.33%
Fiscal Year FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 FY 2027
Period Ending Oct 31, 2020 Oct 30, 2021 Oct 29, 2022 Oct 28, 2023 Nov 2, 2024 Nov 2, 2025 Nov 2, 2026 Nov 2, 2027
Revenue
3.53B3.62B3.63B4.39B4.01B4.50B4.91B5.33B
Revenue Growth
-1.12%2.51%0.33%20.75%-8.47%12.01%9.09%8.64%
EPS
2.323.191.001.710.582.593.484.43
EPS Growth
44.10%37.50%-68.65%71.00%-66.08%346.09%34.33%27.48%
Forward PE
-----23.7917.7113.89
No. Analysts -----181710
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202520262027
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 202520262027
High
16.6%
14.5%
14.2%
Avg
12.0%
9.1%
8.6%
Low
7.0%
1.7%
2.1%

EPS Forecast

EPS 202520262027
High 3.12 4.04 5.04
Avg 2.59 3.48 4.43
Low 2.31 3.07 4.06

EPS Growth

EPS Growth 202520262027
High
437.7%
56.3%
45.0%
Avg
346.1%
34.3%
27.5%
Low
298.8%
18.6%
16.7%
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.