Ciena Corporation (CIEN)
NYSE: CIEN · Real-Time Price · USD
439.11
-27.56 (-5.91%)
At close: Jun 9, 2026, 4:00 PM EDT
438.00
-1.11 (-0.25%)
After-hours: Jun 9, 2026, 4:10 PM EDT

Ciena Stock Forecast

Stock Price Forecast

According to 20 analysts polled by S&P Global, Ciena stock has a consensus rating of "Buy" and an average price target of $564.92. The average 1-year stock price forecast is 28.65% higher than the current stock price, while the lowest is $270 (-38.51%) and the highest is $720 (+63.97%).

Price Target: $564.92 (+28.65%)
Analyst Consensus: Buy
TargetLowAverageMedianHigh
Price$270$564.92$600$720
Change-38.51%+28.65%+36.64%+63.97%

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

RatingJan '26Feb '26Mar '26Apr '26May '26Jun '26
Strong Buy557888
Buy555555
Hold665566
Sell000000
Strong Sell111111
Total171718192020

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Stifel Nicolaus
Stifel Nicolaus
Buy
Maintains
$615
BuyMaintains$615+40.06%Jun 5, 2026
UBS
UBS
Hold
Reiterates
$285$508
HoldReiterates$285$508+15.69%Jun 5, 2026
Morgan Stanley
Morgan Stanley
Hold
Maintains
$405$490
HoldMaintains$405$490+11.59%Jun 5, 2026
Argus Research
Argus Research
Buy
Reiterates
$370$650
BuyReiterates$370$650+48.03%Jun 5, 2026
Bank of America Securities
Bank of America Securities
Buy
Reiterates
$660
BuyReiterates$660+50.31%Jun 5, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
6.33B
from 4.77B
Increased by 32.68%
Revenue Next Year
8.01B
from 6.33B
Increased by 26.63%
EPS This Year
6.54
from 2.64
Increased by 147.72%
EPS Next Year
9.65
from 6.54
Increased by 47.50%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingOct 30, 2021Oct 29, 2022Oct 28, 2023Nov 2, 2024Nov 1, 2025Oct 31, 2026
Revenue
3.62B3.63B4.39B4.01B4.77B6.33B
Revenue Growth
2.51%0.33%20.75%-8.47%18.79%32.68%
Gross Profit
1.72B1.56B1.88B1.72B2.00B2.83B
Gross Margin
47.37%42.95%42.83%42.83%42.04%44.72%
Operating Income
486.21M257.23M384.85M191.21M310.79M1.23B
Net Income
500.20M152.90M254.83M83.96M123.34M761.23M
EPS
----2.646.54
EPS Growth
----45.05%147.72%
Forward PE
17.8829.5114.1525.6950.4667.14
Free Cash Flow
356.67M-235.81M17.43M448.82M667.26M564.18M
No. Analysts
-----15
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High6.4B
Avg6.3B
Low6.3B

Revenue Growth

Revenue Growth202620272028
High
34.2%
Avg
32.7%
Low
32.0%

EPS Forecast

EPS202620272028
High6.72
Avg6.54
Low6.43

EPS Growth

EPS Growth202620272028
High
154.5%
Avg
147.7%
Low
143.6%