Ciena Corporation (CIEN)
NYSE: CIEN · Real-Time Price · USD
321.00
+3.54 (1.12%)
At close: Sep 4, 2026, 4:00 PM EDT
321.40
+0.40 (0.12%)
After-hours: Sep 4, 2026, 7:59 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 $504.13. The average 1-year stock price forecast is 57.05% higher than the current stock price, while the lowest is $325 (+1.25%) and the highest is $660 (+105.61%).

Price Target: $504.13 (+57.05%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$325$504.13$520$660
Change+1.25%+57.05%+61.99%+105.61%

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

Chart
RatingMar '26Apr '26May '26Jun '26Jul '26Aug '26
Strong Buy788889
Buy555555
Hold556665
Sell000011
Strong Sell111100
Total181920202020

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Northland Securities
Northland Securities
Buy
Reiterates
$500
BuyReiterates$500+55.76%Sep 4, 2026
UBS
UBS
Hold
Maintains
$508$394
HoldMaintains$508$394+22.74%Sep 4, 2026
J.P. Morgan
J.P. Morgan
Buy
Reiterates
$635$605
BuyReiterates$635$605+88.47%Sep 4, 2026
B. Riley Securities
B. Riley Securities
Hold
Maintains
$413$347
HoldMaintains$413$347+8.10%Sep 4, 2026
Morgan Stanley
Morgan Stanley
Hold
Maintains
$490$425
HoldMaintains$490$425+32.40%Sep 4, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
6.42B
from 4.77B
Increased by 34.69%
Revenue Next Year
8.36B
from 6.42B
Increased by 30.11%
EPS This Year
7.18
from 2.64
Increased by 172.09%
EPS Next Year
11.58
from 7.18
Increased by 61.21%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingOct 30, 2021Oct 29, 2022Oct 28, 2023Nov 2, 2024Nov 1, 2025Oct 31, 2026
Revenue
3.62B3.63B4.39B4.01B4.77B6.42B
Revenue Growth
2.51%0.33%20.75%-8.47%18.79%34.69%
Gross Profit
1.72B1.56B1.88B1.72B2.00B2.90B
Gross Margin
47.37%42.95%42.83%42.83%42.04%45.09%
Operating Income
486.21M257.23M384.85M191.21M310.79M1.31B
Net Income
500.20M152.90M254.83M83.96M123.34M855.04M
EPS
----2.647.18
EPS Growth
----45.05%172.09%
Forward PE
17.8829.5114.1525.6950.4644.69
Free Cash Flow
356.67M-235.81M17.43M448.82M667.26M496.63M
No. Analysts
-----16
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High6.5B
Avg6.4B
Low6.4B

Revenue Growth

Revenue Growth202620272028
High
35.7%
Avg
34.7%
Low
33.8%

EPS Forecast

EPS202620272028
High7.33
Avg7.18
Low6.99

EPS Growth

EPS Growth202620272028
High
177.6%
Avg
172.1%
Low
164.8%