Ciena Corporation (CIEN)
NYSE: CIEN · Real-Time Price · USD
80.22
+0.10 (0.12%)
At close: May 23, 2025, 4:00 PM
80.73
+0.51 (0.64%)
After-hours: May 23, 2025, 7:49 PM EDT

Ciena Stock Forecast

Stock Price Forecast

According to 13 professional analysts, the 12-month price target for Ciena stock ranges from a low of $54 to a high of $100. The average analyst price target of $79.92 forecasts a -0.37% decrease in the stock price over the next year.

Price Target: $79.92 (-0.37%)
Analyst Consensus: Buy
Target Low Average Median High
Price $54 $79.92 $76 $100
Change -32.69% -0.37% -5.26% +24.66%

Analyst Ratings

The average analyst rating for Ciena stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating Dec '24Jan '25Feb '25Mar '25Apr '25May '25
Strong Buy 666555
Buy 233444
Hold 655444
Sell 000000
Strong Sell 000000
Total 141414131313

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Evercore ISI Group
Evercore ISI Group
Hold
Maintains
$68$82
Hold Maintains $68$82 +2.22% May 23, 2025
Rosenblatt
Rosenblatt
Hold
Maintains
$73$65
Hold Maintains $73$65 -18.97% Apr 22, 2025
JP Morgan
JP Morgan
Buy
Maintains
$88$76
Buy Maintains $88$76 -5.26% Apr 17, 2025
Citigroup
Citigroup
Strong Buy
Maintains
$98$75
Strong Buy Maintains $98$75 -6.51% Apr 14, 2025
B. Riley Securities
B. Riley Securities
Strong Buy
Maintains
$97$89
Strong Buy Maintains $97$89 +10.94% Mar 12, 2025
More Analyst Ratings

Financial Forecast

Revenue This Year
4.52B
from 4.01B
Increased by 12.65%
Revenue Next Year
4.93B
from 4.52B
Increased by 8.89%
EPS This Year
2.59
from 0.58
Increased by 346.06%
EPS Next Year
3.45
from 2.59
Increased by 33.44%
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
3.53B3.62B3.63B4.39B4.01B4.52B4.93B5.39B
Revenue Growth
-1.12%2.51%0.33%20.75%-8.47%12.65%8.89%9.34%
EPS
2.323.191.001.710.582.593.454.39
EPS Growth
44.10%37.50%-68.65%71.00%-66.08%346.06%33.44%27.13%
Forward PE
-----31.0123.2418.28
No. Analysts
-----191811
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 5.4B
Low 4.3B 4.6B 5.1B

Revenue Growth

Revenue Growth 202520262027
High
17.0%
13.6%
14.0%
Avg
12.7%
8.9%
9.3%
Low
7.1%
1.9%
3.5%

EPS Forecast

EPS 202520262027
High 3.12 3.97 4.78
Avg 2.59 3.45 4.39
Low 2.31 3.07 4.06

EPS Growth

EPS Growth 202520262027
High
437.7%
53.6%
38.4%
Avg
346.1%
33.4%
27.1%
Low
298.8%
18.6%
17.5%
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.