Ciena Corporation (CIEN)
NYSE: CIEN · Real-Time Price · USD
243.04
+12.23 (5.30%)
At close: Nov 6, 2026, 4:00 PM EST
245.00
+1.96 (0.81%)
After-hours: Nov 6, 2026, 4:07 PM EST

Ciena Stock Forecast

Stock Price Forecast

According to 21 analysts polled by S&P Global, Ciena stock has a consensus rating of "Buy" and an average price target of $512.99. The average 1-year stock price forecast is 111.07% higher than the current stock price, while the lowest is $347 (+42.77%) and the highest is $660 (+171.56%).

Price Target: $512.99 (+111.07%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$347$512.99$536.5$660
Change+42.77%+111.07%+120.75%+171.56%

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
RatingJun '26Jul '26Aug '26Sep '26Oct '26Nov '26
Strong Buy889111111
Buy555556
Hold665554
Sell011000
Strong Sell100000
Total202020212121

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Bernstein
Bernstein
Buy
Maintains
$440
BuyMaintains$440+81.04%Oct 26, 2026
Evercore ISI
Evercore ISI
Buy
Maintains
$550
BuyMaintains$550+126.30%Oct 14, 2026
Bank of America Securities
Bank of America Securities
Buy
Maintains
$550
BuyMaintains$550+126.30%Oct 13, 2026
Citi
Citi
Buy
Maintains
$658
BuyMaintains$658+170.74%Oct 9, 2026
Stifel Nicolaus
Stifel Nicolaus
Buy
Maintains
$615
BuyMaintains$615+153.04%Sep 22, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
6.43B
from 4.77B
Increased by 34.77%
Revenue Next Year
8.43B
from 6.43B
Increased by 31.15%
EPS This Year
7.17
from 2.64
Increased by 171.43%
EPS Next Year
11.86
from 7.17
Increased by 65.55%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingOct 30, 2021Oct 29, 2022Oct 28, 2023Nov 2, 2024Nov 1, 2025Oct 31, 2026
Revenue
3.62B3.63B4.39B4.01B4.77B6.43B
Revenue Growth
2.51%0.33%20.75%-8.47%18.79%34.77%
Gross Profit
1.72B1.56B1.88B1.72B2.00B2.90B
Gross Margin
47.37%42.95%42.83%42.83%42.04%45.15%
Operating Income
486.21M257.23M384.85M191.21M310.79M1.31B
Net Income
500.20M152.90M254.83M83.96M123.34M861.07M
EPS
----2.647.17
EPS Growth
----45.05%171.43%
Forward PE
17.8829.5114.1525.6950.4633.92
Free Cash Flow
----665.29M708.75M
No. Analysts
-----17
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
34.8%
Low
34.6%

EPS Forecast

EPS202620272028
High7.33
Avg7.17
Low6.99

EPS Growth

EPS Growth202620272028
High
177.6%
Avg
171.4%
Low
164.8%