The latest price target for Ciena (NYSE:CIEN) was reported by Citigroup on December 13, 2024. The analyst firm set a price target for $98.00 expecting CIEN to rise to within 12 months (a possible 17.73% upside). 44 analyst firms have reported ratings in the last year.

The latest analyst rating for Ciena (NYSE:CIEN) was provided by Citigroup, and Ciena maintained their buy rating.

The last upgrade for Ciena Corp happened on December 13, 2024 when B of A Securities raised their price target to $95. B of A Securities previously had a neutral for Ciena Corp.

The last downgrade for Ciena Corp happened on October 28, 2024 when Morgan Stanley changed their price target from $63 to $63 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 December 13, 2024 so you should expect the next rating to be made available sometime around December 13, 2025.

While ratings are subjective and will change, the latest Ciena (CIEN) rating was a maintained with a price target of $84.00 to $98.00. The current price Ciena (CIEN) is trading at is $83.24, which is out of the analyst’s predicted range.