Ciena Corp has a consensus price target of $58.95, established from looking at the 95 latest analyst ratings. The last 3 analyst ratings were released from Morgan Stanley, Barclays, and B. Riley Securities on June 12, 2024, June 7, 2024, and June 7, 2024. With an average price target of $58.67 between Morgan Stanley, Barclays, and B. Riley Securities, there's an implied 24.96% upside for Ciena Corp from these 3 analyst ratings.
1calculated from analyst ratings
Buy Now | Get Alert | |||||||
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06/12/2024 | Buy Now | 17.15% | Morgan Stanley | Meta Marshall | $53 → $55 | Upgrade | Equal-Weight → Overweight | Get Alert |
06/07/2024 | Buy Now | 17.15% | Barclays | Tim Long | $63 → $55 | Maintains | Overweight | Get Alert |
06/07/2024 | Buy Now | 40.58% | B. Riley Securities | Dave Kang | $68 → $66 | Maintains | Buy | Get Alert |
06/07/2024 | Buy Now | 15.02% | Rosenblatt | Mike Genovese | $52.5 → $54 | Maintains | Neutral | Get Alert |
06/07/2024 | Buy Now | 27.8% | Needham | Ryan Koontz | $65 → $60 | Maintains | Buy | Get Alert |
06/06/2024 | Buy Now | 15.02% | Raymond James | Simon Leopold | $59 → $54 | Downgrade | Strong Buy → Outperform | Get Alert |
06/03/2024 | Buy Now | 38.45% | Needham | Ryan Koontz | $65 → $65 | Reiterates | Buy → Buy | Get Alert |
05/30/2024 | Buy Now | 11.82% | Rosenblatt | Mike Genovese | $65 → $52.5 | Downgrade | Buy → Neutral | Get Alert |
05/30/2024 | Buy Now | 27.8% | JP Morgan | Samik Chatterjee | $67 → $60 | Maintains | Overweight | Get Alert |
04/12/2024 | Buy Now | -6.28% | Citigroup | Jim Suva | → $44 | Initiates | → Sell | Get Alert |
04/11/2024 | Buy Now | 21.41% | Exane BNP Paribas | Karl Ackerman | → $57 | Initiates | → Outperform | Get Alert |
03/08/2024 | Buy Now | 38.45% | Rosenblatt | Mike Genovese | → $65 | Reiterates | Buy → Buy | Get Alert |
03/08/2024 | Buy Now | 34.19% | Barclays | Tim Long | $60 → $63 | Maintains | Overweight | Get Alert |
03/08/2024 | Buy Now | 38.45% | Needham | Alex Henderson | → $65 | Reiterates | Buy → Buy | Get Alert |
03/05/2024 | Buy Now | 42.71% | JP Morgan | Samik Chatterjee | $56 → $67 | Maintains | Overweight | Get Alert |
03/04/2024 | Buy Now | 38.45% | Needham | Alex Henderson | $60 → $65 | Maintains | Buy | Get Alert |
02/23/2024 | Buy Now | 34.19% | Evercore ISI Group | Amit Daryanani | $57 → $63 | Maintains | Outperform | Get Alert |
01/12/2024 | Buy Now | 21.41% | Evercore ISI Group | Amit Daryanani | $52 → $57 | Upgrade | In-Line → Outperform | Get Alert |
12/28/2023 | Buy Now | 27.8% | Needham | Alex Henderson | → $60 | Reiterates | Buy → Buy | Get Alert |
12/08/2023 | Buy Now | 44.83% | B. Riley Securities | Dave Kang | $67 → $68 | Maintains | Buy | Get Alert |
12/08/2023 | Buy Now | 38.45% | Rosenblatt | Mike Genovese | → $65 | Reiterates | Buy → Buy | Get Alert |
12/08/2023 | Buy Now | 27.8% | Barclays | Tim Long | $59 → $60 | Maintains | Overweight | Get Alert |
12/08/2023 | Buy Now | 27.8% | Raymond James | Simon Leopold | $63 → $60 | Maintains | Strong Buy | Get Alert |
11/28/2023 | Buy Now | 38.45% | Rosenblatt | Mike Genovese | → $65 | Reiterates | Buy → Buy | Get Alert |
11/28/2023 | Buy Now | 27.8% | Needham | Alex Henderson | → $60 | Reiterates | Buy → Buy | Get Alert |
09/28/2023 | Buy Now | 32.06% | Stifel | Ruben Roy | → $62 | Initiates | → Buy | Get Alert |
09/01/2023 | Buy Now | 10.76% | UBS | David Vogt | $48 → $52 | Maintains | Neutral | Get Alert |
09/01/2023 | Buy Now | 10.76% | Evercore ISI Group | Amit Daryanani | $47 → $52 | Maintains | In-Line | Get Alert |
09/01/2023 | Buy Now | 42.71% | B. Riley Securities | Dave Kang | $60 → $67 | Maintains | Buy | Get Alert |
09/01/2023 | Buy Now | 25.67% | Barclays | Tim Long | $66 → $59 | Maintains | Overweight | Get Alert |
09/01/2023 | Buy Now | 38.45% | Rosenblatt | Mike Genovese | $57 → $65 | Maintains | Buy | Get Alert |
09/01/2023 | Buy Now | 27.8% | Needham | Alex Henderson | $50 → $60 | Maintains | Buy | Get Alert |
08/30/2023 | Buy Now | 21.41% | Rosenblatt | Mike Genovese | → $57 | Reiterates | Buy → Buy | Get Alert |
08/28/2023 | Buy Now | 6.5% | Needham | Alex Henderson | $60 → $50 | Maintains | Buy | Get Alert |
08/22/2023 | Buy Now | 0.11% | Evercore ISI Group | Amit Daryanani | $50 → $47 | Maintains | In-Line | Get Alert |
06/15/2023 | Buy Now | 21.41% | Rosenblatt | Mike Genovese | → $57 | Reiterates | Buy → Buy | Get Alert |
06/07/2023 | Buy Now | 27.8% | Jefferies | George Notter | $65 → $60 | Maintains | Buy | Get Alert |
06/07/2023 | Buy Now | -12.67% | Northland Capital Markets | Tim Savageaux | $45 → $41 | Maintains | Market Perform | Get Alert |
06/07/2023 | Buy Now | 38.45% | JP Morgan | Samik Chatterjee | $67 → $65 | Maintains | Overweight | Get Alert |
06/07/2023 | Buy Now | 2.24% | UBS | David Vogt | $54 → $48 | Maintains | Neutral | Get Alert |
06/07/2023 | Buy Now | 21.41% | Rosenblatt | Mike Genovese | $65 → $57 | Maintains | Buy | Get Alert |
06/07/2023 | Buy Now | 27.8% | Needham | Alex Henderson | $70 → $60 | Maintains | Buy | Get Alert |
06/07/2023 | Buy Now | 40.58% | Barclays | Tim Long | $74 → $66 | Maintains | Overweight | Get Alert |
06/07/2023 | Buy Now | 34.19% | Raymond James | Simon Leopold | $70 → $63 | Maintains | Strong Buy | Get Alert |
06/06/2023 | Buy Now | 12.89% | Morgan Stanley | Meta Marshall | $57 → $53 | Maintains | Equal-Weight | Get Alert |
06/02/2023 | Buy Now | 49.09% | Needham | Alex Henderson | → $70 | Reiterates | → Buy | Get Alert |
05/31/2023 | Buy Now | 38.45% | Rosenblatt | Mike Genovese | → $65 | Reiterates | Buy → Buy | Get Alert |
04/19/2023 | Buy Now | 42.71% | JP Morgan | Samik Chatterjee | $66 → $67 | Maintains | Overweight | Get Alert |
03/30/2023 | Buy Now | 51.22% | Loop Capital | Fahad Najam | $69 → $71 | Maintains | Buy | Get Alert |
03/29/2023 | Buy Now | 21.41% | Morgan Stanley | Meta Marshall | $59 → $57 | Downgrade | Overweight → Equal-Weight | Get Alert |
03/28/2023 | Buy Now | 49.09% | Raymond James | Simon Leopold | $58 → $70 | Upgrade | Outperform → Strong Buy | Get Alert |
03/07/2023 | Buy Now | 53.35% | B. Riley Securities | Dave Kang | $69 → $72 | Maintains | Buy | Get Alert |
03/07/2023 | Buy Now | 40.58% | JP Morgan | Samik Chatterjee | $65 → $66 | Maintains | Overweight | Get Alert |
03/07/2023 | Buy Now | 57.61% | Barclays | Tim Long | $71 → $74 | Maintains | Overweight | Get Alert |
03/07/2023 | Buy Now | 49.09% | Needham | Alex Henderson | → $70 | Reiterates | → Buy | Get Alert |
03/07/2023 | Buy Now | 23.54% | Raymond James | Simon Leopold | $57 → $58 | Maintains | Outperform | Get Alert |
02/28/2023 | Buy Now | 38.45% | Rosenblatt | Mike Genovese | → $65 | Reiterates | → Buy | Get Alert |
12/09/2022 | Buy Now | -4.15% | Northland Capital Markets | Tim Savageaux | $40 → $45 | Maintains | Market Perform | Get Alert |
12/09/2022 | Buy Now | 51.22% | Barclays | Tim Long | $55 → $71 | Maintains | Overweight | Get Alert |
10/11/2022 | Buy Now | — | Evercore ISI Group | Amit Daryanani | — | Downgrade | Outperform → In-Line | Get Alert |
10/11/2022 | Buy Now | 4.37% | Morgan Stanley | Meta Marshall | $60 → $49 | Maintains | Overweight | Get Alert |
09/06/2022 | Buy Now | 36.32% | B. Riley Securities | Dave Kang | $67 → $64 | Maintains | Buy | Get Alert |
09/06/2022 | Buy Now | -4.15% | JP Morgan | Samik Chatterjee | $62 → $45 | Downgrade | Overweight → Neutral | Get Alert |
09/02/2022 | Buy Now | -4.15% | Northland Capital Markets | Tim Savageaux | $53 → $45 | Maintains | Market Perform | Get Alert |
09/02/2022 | Buy Now | 51.22% | Cowen & Co. | Paul Silverstein | $82 → $71 | Maintains | Outperform | Get Alert |
09/02/2022 | Buy Now | 27.8% | Morgan Stanley | Meta Marshall | $65 → $60 | Maintains | Overweight | Get Alert |
09/02/2022 | Buy Now | 38.45% | Rosenblatt | Mike Genovese | $70 → $65 | Maintains | Buy | Get Alert |
09/02/2022 | Buy Now | 17.15% | Raymond James | Simon Leopold | $64 → $55 | Maintains | Outperform | Get Alert |
09/02/2022 | Buy Now | 49.09% | Needham | Alex Henderson | $88 → $70 | Maintains | Buy | Get Alert |
08/12/2022 | Buy Now | 38.45% | Morgan Stanley | Meta Marshall | $56 → $65 | Upgrade | Equal-Weight → Overweight | Get Alert |
08/05/2022 | Buy Now | 32.06% | MKM Partners | Catharine Trebnick | → $62 | Assumes | → Buy | Get Alert |
08/04/2022 | Buy Now | 32.06% | MKM Partners | Catharine Trebnick | → $62 | Assumes | → Buy | Get Alert |
07/14/2022 | Buy Now | 32.06% | JP Morgan | Samik Chatterjee | $72 → $62 | Maintains | Overweight | Get Alert |
06/14/2022 | Buy Now | 19.28% | Morgan Stanley | Meta Marshall | $64 → $56 | Maintains | Equal-Weight | Get Alert |
06/06/2022 | Buy Now | 74.65% | Cowen & Co. | Paul Silverstein | $96 → $82 | Maintains | Outperform | Get Alert |
06/06/2022 | Buy Now | 78.91% | Loop Capital | Fahad Najam | $92 → $84 | Maintains | Buy | Get Alert |
06/03/2022 | Buy Now | 8.63% | UBS | David Vogt | $66 → $51 | Maintains | Neutral | Get Alert |
06/03/2022 | Buy Now | 44.83% | Argus Research | Jim Kelleher | $82 → $68 | Maintains | Buy | Get Alert |
06/03/2022 | Buy Now | 49.09% | Barclays | Tim Long | $84 → $70 | Maintains | Overweight | Get Alert |
06/03/2022 | Buy Now | 38.45% | Citigroup | Jim Suva | $85 → $65 | Maintains | Buy | Get Alert |
06/03/2022 | Buy Now | 42.71% | B. Riley Securities | Dave Kang | $65 → $67 | Upgrade | Neutral → Buy | Get Alert |
06/03/2022 | Buy Now | 36.32% | Raymond James | Simon Leopold | $75 → $64 | Maintains | Outperform | Get Alert |
05/25/2022 | Buy Now | 36.32% | Morgan Stanley | Meta Marshall | $67 → $64 | Maintains | Equal-Weight | Get Alert |
05/23/2022 | Buy Now | 49.09% | Rosenblatt | Mike Genovese | $80 → $70 | Maintains | Buy | Get Alert |
04/12/2022 | Buy Now | 42.71% | Morgan Stanley | Meta Marshall | $74 → $67 | Maintains | Equal-Weight | Get Alert |
04/05/2022 | Buy Now | 40.58% | UBS | David Vogt | → $66 | Initiates | → Neutral | Get Alert |
03/24/2022 | Buy Now | 70.39% | Rosenblatt | Mike Genovese | → $80 | Initiates | → Buy | Get Alert |
03/08/2022 | Buy Now | 59.74% | Raymond James | Simon Leopold | $80 → $75 | Maintains | Outperform | Get Alert |
01/13/2022 | Buy Now | 70.39% | Raymond James | Simon Leopold | $75 → $80 | Maintains | Outperform | Get Alert |
12/28/2021 | Buy Now | 87.43% | Needham | Alex Henderson | $80 → $88 | Maintains | Buy | Get Alert |
12/10/2021 | Buy Now | 57.61% | Morgan Stanley | Meta Marshall | — | Maintains | Equal-Weight | Get Alert |
12/10/2021 | Buy Now | 78.91% | Barclays | Tim Long | — | Maintains | Overweight | Get Alert |
12/10/2021 | Buy Now | 70.39% | Needham | Alex Henderson | — | Maintains | Buy | Get Alert |
12/10/2021 | Buy Now | 59.74% | Raymond James | Simon Leopold | — | Maintains | Outperform | Get Alert |
12/02/2021 | Buy Now | 25.67% | Morgan Stanley | Meta Marshall | — | Maintains | Equal-Weight | Get Alert |
The latest price target for Ciena (NYSE:CIEN) was reported by Morgan Stanley on June 12, 2024. The analyst firm set a price target for $55.00 expecting CIEN to rise to within 12 months (a possible 17.27% upside). 35 analyst firms have reported ratings in the last year.
The latest analyst rating for Ciena (NYSE:CIEN) was provided by Morgan Stanley, and Ciena upgraded their overweight rating.
The last upgrade for Ciena Corp happened on June 12, 2024 when Morgan Stanley raised their price target to $55. Morgan Stanley previously had an equal-weight for Ciena Corp.
The last downgrade for Ciena Corp happened on June 6, 2024 when Raymond James changed their price target from $59 to $54 for Ciena Corp.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Ciena, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Ciena was filed on June 12, 2024 so you should expect the next rating to be made available sometime around June 12, 2025.
While ratings are subjective and will change, the latest Ciena (CIEN) rating was a upgraded with a price target of $53.00 to $55.00. The current price Ciena (CIEN) is trading at is $46.90, which is out of the analyst’s predicted range.
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