Ciena

CIENNYSE
$46.95
-0.3-0.63%
At Close: -
$46.90
-0.05-0.11%
After Hours: 3:45 PM EDT
15 minutes delayed
Consensus Rating1
Buy
Highest Price Target1
$71.00
Lowest Price Target1
$41.00
Consensus Price Target1
$58.95

Ciena (NYSE:CIEN) Stock, Analyst Ratings, Price Targets, Predictions

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.

Analyst Trends and Forecast
2
Mar
1
1
Apr
1
1
May
3
1
Jun
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
3.8
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Morgan Stanley
Barclays
B. Riley Securities
Rosenblatt
Needham

1calculated from analyst ratings

Analyst Ratings for Ciena

Buy NowGet Alert
06/12/2024Buy Now17.15%Morgan Stanley
Meta Marshall
$53 → $55UpgradeEqual-Weight → OverweightGet Alert
06/07/2024Buy Now17.15%Barclays
Tim Long
$63 → $55MaintainsOverweightGet Alert
06/07/2024Buy Now40.58%B. Riley Securities
Dave Kang
$68 → $66MaintainsBuyGet Alert
06/07/2024Buy Now15.02%Rosenblatt
Mike Genovese
$52.5 → $54MaintainsNeutralGet Alert
06/07/2024Buy Now27.8%Needham
Ryan Koontz
$65 → $60MaintainsBuyGet Alert
06/06/2024Buy Now15.02%Raymond James
Simon Leopold
$59 → $54DowngradeStrong Buy → OutperformGet Alert
06/03/2024Buy Now38.45%Needham
Ryan Koontz
$65 → $65ReiteratesBuy → BuyGet Alert
05/30/2024Buy Now11.82%Rosenblatt
Mike Genovese
$65 → $52.5DowngradeBuy → NeutralGet Alert
05/30/2024Buy Now27.8%JP Morgan
Samik Chatterjee
$67 → $60MaintainsOverweightGet Alert
04/12/2024Buy Now-6.28%Citigroup
Jim Suva
→ $44Initiates → SellGet Alert
04/11/2024Buy Now21.41%Exane BNP Paribas
Karl Ackerman
→ $57Initiates → OutperformGet Alert
03/08/2024Buy Now38.45%Rosenblatt
Mike Genovese
→ $65ReiteratesBuy → BuyGet Alert
03/08/2024Buy Now34.19%Barclays
Tim Long
$60 → $63MaintainsOverweightGet Alert
03/08/2024Buy Now38.45%Needham
Alex Henderson
→ $65ReiteratesBuy → BuyGet Alert
03/05/2024Buy Now42.71%JP Morgan
Samik Chatterjee
$56 → $67MaintainsOverweightGet Alert
03/04/2024Buy Now38.45%Needham
Alex Henderson
$60 → $65MaintainsBuyGet Alert
02/23/2024Buy Now34.19%Evercore ISI Group
Amit Daryanani
$57 → $63MaintainsOutperformGet Alert
01/12/2024Buy Now21.41%Evercore ISI Group
Amit Daryanani
$52 → $57UpgradeIn-Line → OutperformGet Alert
12/28/2023Buy Now27.8%Needham
Alex Henderson
→ $60ReiteratesBuy → BuyGet Alert
12/08/2023Buy Now44.83%B. Riley Securities
Dave Kang
$67 → $68MaintainsBuyGet Alert
12/08/2023Buy Now38.45%Rosenblatt
Mike Genovese
→ $65ReiteratesBuy → BuyGet Alert
12/08/2023Buy Now27.8%Barclays
Tim Long
$59 → $60MaintainsOverweightGet Alert
12/08/2023Buy Now27.8%Raymond James
Simon Leopold
$63 → $60MaintainsStrong BuyGet Alert
11/28/2023Buy Now38.45%Rosenblatt
Mike Genovese
→ $65ReiteratesBuy → BuyGet Alert
11/28/2023Buy Now27.8%Needham
Alex Henderson
→ $60ReiteratesBuy → BuyGet Alert
09/28/2023Buy Now32.06%Stifel
Ruben Roy
→ $62Initiates → BuyGet Alert
09/01/2023Buy Now10.76%UBS
David Vogt
$48 → $52MaintainsNeutralGet Alert
09/01/2023Buy Now10.76%Evercore ISI Group
Amit Daryanani
$47 → $52MaintainsIn-LineGet Alert
09/01/2023Buy Now42.71%B. Riley Securities
Dave Kang
$60 → $67MaintainsBuyGet Alert
09/01/2023Buy Now25.67%Barclays
Tim Long
$66 → $59MaintainsOverweightGet Alert
09/01/2023Buy Now38.45%Rosenblatt
Mike Genovese
$57 → $65MaintainsBuyGet Alert
09/01/2023Buy Now27.8%Needham
Alex Henderson
$50 → $60MaintainsBuyGet Alert
08/30/2023Buy Now21.41%Rosenblatt
Mike Genovese
→ $57ReiteratesBuy → BuyGet Alert
08/28/2023Buy Now6.5%Needham
Alex Henderson
$60 → $50MaintainsBuyGet Alert
08/22/2023Buy Now0.11%Evercore ISI Group
Amit Daryanani
$50 → $47MaintainsIn-LineGet Alert
06/15/2023Buy Now21.41%Rosenblatt
Mike Genovese
→ $57ReiteratesBuy → BuyGet Alert
06/07/2023Buy Now27.8%Jefferies
George Notter
$65 → $60MaintainsBuyGet Alert
06/07/2023Buy Now-12.67%Northland Capital Markets
Tim Savageaux
$45 → $41MaintainsMarket PerformGet Alert
06/07/2023Buy Now38.45%JP Morgan
Samik Chatterjee
$67 → $65MaintainsOverweightGet Alert
06/07/2023Buy Now2.24%UBS
David Vogt
$54 → $48MaintainsNeutralGet Alert
06/07/2023Buy Now21.41%Rosenblatt
Mike Genovese
$65 → $57MaintainsBuyGet Alert
06/07/2023Buy Now27.8%Needham
Alex Henderson
$70 → $60MaintainsBuyGet Alert
06/07/2023Buy Now40.58%Barclays
Tim Long
$74 → $66MaintainsOverweightGet Alert
06/07/2023Buy Now34.19%Raymond James
Simon Leopold
$70 → $63MaintainsStrong BuyGet Alert
06/06/2023Buy Now12.89%Morgan Stanley
Meta Marshall
$57 → $53MaintainsEqual-WeightGet Alert
06/02/2023Buy Now49.09%Needham
Alex Henderson
→ $70Reiterates → BuyGet Alert
05/31/2023Buy Now38.45%Rosenblatt
Mike Genovese
→ $65ReiteratesBuy → BuyGet Alert
04/19/2023Buy Now42.71%JP Morgan
Samik Chatterjee
$66 → $67MaintainsOverweightGet Alert
03/30/2023Buy Now51.22%Loop Capital
Fahad Najam
$69 → $71MaintainsBuyGet Alert
03/29/2023Buy Now21.41%Morgan Stanley
Meta Marshall
$59 → $57DowngradeOverweight → Equal-WeightGet Alert
03/28/2023Buy Now49.09%Raymond James
Simon Leopold
$58 → $70UpgradeOutperform → Strong BuyGet Alert
03/07/2023Buy Now53.35%B. Riley Securities
Dave Kang
$69 → $72MaintainsBuyGet Alert
03/07/2023Buy Now40.58%JP Morgan
Samik Chatterjee
$65 → $66MaintainsOverweightGet Alert
03/07/2023Buy Now57.61%Barclays
Tim Long
$71 → $74MaintainsOverweightGet Alert
03/07/2023Buy Now49.09%Needham
Alex Henderson
→ $70Reiterates → BuyGet Alert
03/07/2023Buy Now23.54%Raymond James
Simon Leopold
$57 → $58MaintainsOutperformGet Alert
02/28/2023Buy Now38.45%Rosenblatt
Mike Genovese
→ $65Reiterates → BuyGet Alert
12/09/2022Buy Now-4.15%Northland Capital Markets
Tim Savageaux
$40 → $45MaintainsMarket PerformGet Alert
12/09/2022Buy Now51.22%Barclays
Tim Long
$55 → $71MaintainsOverweightGet Alert
10/11/2022Buy NowEvercore ISI Group
Amit Daryanani
DowngradeOutperform → In-LineGet Alert
10/11/2022Buy Now4.37%Morgan Stanley
Meta Marshall
$60 → $49MaintainsOverweightGet Alert
09/06/2022Buy Now36.32%B. Riley Securities
Dave Kang
$67 → $64MaintainsBuyGet Alert
09/06/2022Buy Now-4.15%JP Morgan
Samik Chatterjee
$62 → $45DowngradeOverweight → NeutralGet Alert
09/02/2022Buy Now-4.15%Northland Capital Markets
Tim Savageaux
$53 → $45MaintainsMarket PerformGet Alert
09/02/2022Buy Now51.22%Cowen & Co.
Paul Silverstein
$82 → $71MaintainsOutperformGet Alert
09/02/2022Buy Now27.8%Morgan Stanley
Meta Marshall
$65 → $60MaintainsOverweightGet Alert
09/02/2022Buy Now38.45%Rosenblatt
Mike Genovese
$70 → $65MaintainsBuyGet Alert
09/02/2022Buy Now17.15%Raymond James
Simon Leopold
$64 → $55MaintainsOutperformGet Alert
09/02/2022Buy Now49.09%Needham
Alex Henderson
$88 → $70MaintainsBuyGet Alert
08/12/2022Buy Now38.45%Morgan Stanley
Meta Marshall
$56 → $65UpgradeEqual-Weight → OverweightGet Alert
08/05/2022Buy Now32.06%MKM Partners
Catharine Trebnick
→ $62Assumes → BuyGet Alert
08/04/2022Buy Now32.06%MKM Partners
Catharine Trebnick
→ $62Assumes → BuyGet Alert
07/14/2022Buy Now32.06%JP Morgan
Samik Chatterjee
$72 → $62MaintainsOverweightGet Alert
06/14/2022Buy Now19.28%Morgan Stanley
Meta Marshall
$64 → $56MaintainsEqual-WeightGet Alert
06/06/2022Buy Now74.65%Cowen & Co.
Paul Silverstein
$96 → $82MaintainsOutperformGet Alert
06/06/2022Buy Now78.91%Loop Capital
Fahad Najam
$92 → $84MaintainsBuyGet Alert
06/03/2022Buy Now8.63%UBS
David Vogt
$66 → $51MaintainsNeutralGet Alert
06/03/2022Buy Now44.83%Argus Research
Jim Kelleher
$82 → $68MaintainsBuyGet Alert
06/03/2022Buy Now49.09%Barclays
Tim Long
$84 → $70MaintainsOverweightGet Alert
06/03/2022Buy Now38.45%Citigroup
Jim Suva
$85 → $65MaintainsBuyGet Alert
06/03/2022Buy Now42.71%B. Riley Securities
Dave Kang
$65 → $67UpgradeNeutral → BuyGet Alert
06/03/2022Buy Now36.32%Raymond James
Simon Leopold
$75 → $64MaintainsOutperformGet Alert
05/25/2022Buy Now36.32%Morgan Stanley
Meta Marshall
$67 → $64MaintainsEqual-WeightGet Alert
05/23/2022Buy Now49.09%Rosenblatt
Mike Genovese
$80 → $70MaintainsBuyGet Alert
04/12/2022Buy Now42.71%Morgan Stanley
Meta Marshall
$74 → $67MaintainsEqual-WeightGet Alert
04/05/2022Buy Now40.58%UBS
David Vogt
→ $66Initiates → NeutralGet Alert
03/24/2022Buy Now70.39%Rosenblatt
Mike Genovese
→ $80Initiates → BuyGet Alert
03/08/2022Buy Now59.74%Raymond James
Simon Leopold
$80 → $75MaintainsOutperformGet Alert
01/13/2022Buy Now70.39%Raymond James
Simon Leopold
$75 → $80MaintainsOutperformGet Alert
12/28/2021Buy Now87.43%Needham
Alex Henderson
$80 → $88MaintainsBuyGet Alert
12/10/2021Buy Now57.61%Morgan Stanley
Meta Marshall
MaintainsEqual-WeightGet Alert
12/10/2021Buy Now78.91%Barclays
Tim Long
MaintainsOverweightGet Alert
12/10/2021Buy Now70.39%Needham
Alex Henderson
MaintainsBuyGet Alert
12/10/2021Buy Now59.74%Raymond James
Simon Leopold
MaintainsOutperformGet Alert
12/02/2021Buy Now25.67%Morgan Stanley
Meta Marshall
MaintainsEqual-WeightGet Alert

FAQ

Q

What is the target price for Ciena (CIEN) stock?

A

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.

Q

What is the most recent analyst rating for Ciena (CIEN)?

A

The latest analyst rating for Ciena (NYSE:CIEN) was provided by Morgan Stanley, and Ciena upgraded their overweight rating.

Q

When was the last upgrade for Ciena (CIEN)?

A

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.

Q

When was the last downgrade for Ciena (CIEN)?

A

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.

Q

When is the next analyst rating going to be posted or updated for Ciena (CIEN)?

A

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.

Q

Is the Analyst Rating Ciena (CIEN) correct?

A

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.

Browse analyst ratings and price targets on all stocks.

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