Ciena Corporation (CIEN)
NYSE: CIEN · Real-Time Price · USD
475.39
+1.70 (0.36%)
At close: Apr 29, 2026, 4:00 PM EDT
484.00
+8.61 (1.81%)
After-hours: Apr 29, 2026, 7:59 PM EDT
Ciena Stock Forecast
Stock Price Forecast
The 13 analysts that cover Ciena stock have a consensus rating of "Strong Buy" and an average price target of $382.69, which forecasts a -19.50% decrease in the stock price over the next year. The lowest target is $280 and the highest is $550.
Price Target: $382.69 (-19.50%)
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Ciena stock is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Nov '25 | Dec '25 | Jan '26 | Feb '26 | Mar '26 | Apr '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 7 | 7 | 6 | 6 | 8 | 7 |
| Buy | 4 | 4 | 4 | 4 | 3 | 3 |
| Hold | 4 | 4 | 5 | 5 | 4 | 4 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 15 | 15 | 15 | 15 | 15 | 14 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Morgan Stanley | Morgan Stanley | Hold Maintains $286 → $405 | Hold | Maintains | $286 → $405 | -14.81% | Apr 20, 2026 |
| JP Morgan | JP Morgan | Buy Maintains $380 → $550 | Buy | Maintains | $380 → $550 | +15.69% | Apr 16, 2026 |
| B of A Securities | B of A Securities | Strong Buy Maintains $355 → $550 | Strong Buy | Maintains | $355 → $550 | +15.69% | Apr 16, 2026 |
| Stifel | Stifel | Strong Buy Maintains $320 → $430 | Strong Buy | Maintains | $320 → $430 | -9.55% | Mar 23, 2026 |
| TD Cowen | TD Cowen | Strong Buy Initiates $425 | Strong Buy | Initiates | $425 | -10.60% | Mar 12, 2026 |
Financial Forecast
Revenue This Year
6.24B
from 4.77B
Increased by 30.83%
Revenue Next Year
7.48B
from 6.24B
Increased by 19.87%
EPS This Year
6.25
from 0.85
Increased by 635.83%
EPS Next Year
8.40
from 6.25
Increased by 34.38%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 6.5B | 8.5B | |||
| Avg | 6.2B | 7.5B | |||
| Low | 5.9B | 6.6B |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 36.1% | 36.0% | |||
| Avg | 30.8% | 19.9% | |||
| Low | 24.3% | 6.2% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 6.81 | 11.12 | |
| Avg | 6.25 | 8.40 | |
| Low | 5.68 | 6.86 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 701.7% | 77.8% | |
| Avg | 635.8% | 34.4% | |
| Low | 568.7% | 9.7% |
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 sources.