Ciena Corporation (CIEN)
NYSE: CIEN · Real-Time Price · USD
356.91
-1.52 (-0.42%)
At close: Sep 25, 2026, 4:00 PM EDT
357.69
+0.78 (0.22%)
After-hours: Sep 25, 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 $516.83. The average 1-year stock price forecast is 44.81% higher than the current stock price, while the lowest is $347 (-2.78%) and the highest is $660 (+84.92%).

Price Target: $516.83 (+44.81%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$347$516.83$548$660
Change-2.78%+44.81%+53.54%+84.92%

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
RatingApr '26May '26Jun '26Jul '26Aug '26Sep '26
Strong Buy888899
Buy555555
Hold566656
Sell000110
Strong Sell111000
Total192020202020

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Stifel Nicolaus
Stifel Nicolaus
Buy
Maintains
$615
BuyMaintains$615+72.31%Sep 22, 2026
Evercore ISI
Evercore ISI
Buy
Upgrades
$375 → $550
BuyUpgrades$375 → $550+54.10%Sep 21, 2026
Barclays
Barclays
Buy
Maintains
$475 → $548
BuyMaintains$475 → $548+53.54%Sep 17, 2026
Northland Securities
Northland Securities
Buy
Reiterates
$550
BuyReiterates$550+54.10%Sep 17, 2026
Rosenblatt Securities
Rosenblatt Securities
Buy
Reiterates
$525
BuyReiterates$525+47.10%Sep 17, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
6.42B
from 4.77B
Increased by 34.66%
Revenue Next Year
8.39B
from 6.42B
Increased by 30.69%
EPS This Year
7.17
from 2.64
Increased by 171.46%
EPS Next Year
11.80
from 7.17
Increased by 64.59%
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%34.66%
Gross Profit
1.72B1.56B1.88B1.72B2.00B2.90B
Gross Margin
47.37%42.95%42.83%42.83%42.04%45.22%
Operating Income
486.21M257.23M384.85M191.21M310.79M1.31B
Net Income
500.20M152.90M254.83M83.96M123.34M862.81M
EPS
----2.647.17
EPS Growth
----45.05%171.46%
Forward PE
17.8829.5114.1525.6950.4649.80
Free Cash Flow
----665.29M499.52M
No. Analysts
-----14
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

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

Revenue Growth

Revenue Growth202620272028
High
35.1%
Avg
34.7%
Low
34.6%

EPS Forecast

EPS202620272028
High7.33
Avg7.17
Low6.99

EPS Growth

EPS Growth202620272028
High
177.6%
Avg
171.5%
Low
164.8%