NYSE:CIEN - Ciena Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $60.07
  • Forecasted Upside: 6.98 %
  • Number of Analysts: 16
  • Breakdown:
  • 0 Sell Ratings
  • 4 Hold Ratings
  • 12 Buy Ratings
  • 0 Strong Buy Ratings
$56.15
▼ -0.67 (-1.18%)
1 month | 3 months | 12 months
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Analyst Price Target for CIEN

Average Price Target: $60.07
▲ +6.98% Upside Potential
This price target is based on 16 analysts offering 12 month price targets for Ciena in the last 3 months. The average price target is $60.07, with a high forecast of $73.00 and a low forecast of $50.00. The average price target represents a 6.98% upside from the last price of $56.15.

Buy

The current consensus among 16 investment analysts is to buy stock in Ciena. This Buy consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

  • 0 strong buy ratings
  • 16 buy ratings
  • 6 hold ratings
  • 1 sell ratings
12/27/2019
  • 0 strong buy ratings
  • 14 buy ratings
  • 4 hold ratings
  • 1 sell ratings
3/26/2020
  • 0 strong buy ratings
  • 15 buy ratings
  • 4 hold ratings
  • 1 sell ratings
6/24/2020
  • 0 strong buy ratings
  • 17 buy ratings
  • 4 hold ratings
  • 1 sell ratings
9/22/2020
  • 0 strong buy ratings
  • 15 buy ratings
  • 5 hold ratings
  • 0 sell ratings
12/21/2020
  • 0 strong buy ratings
  • 16 buy ratings
  • 5 hold ratings
  • 0 sell ratings
3/21/2021
  • 0 strong buy ratings
  • 15 buy ratings
  • 5 hold ratings
  • 0 sell ratings
5/20/2021
  • 0 strong buy ratings
  • 12 buy ratings
  • 4 hold ratings
  • 0 sell ratings
6/19/2021

Latest Recommendations

  • 0 strong buy ratings
  • 12 buy ratings
  • 4 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
6/4/2021Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon RussellBoost Price TargetBuy$65.00 ➝ $70.00Medium
6/4/2021B. RileyBoost Price TargetNeutral$50.00 ➝ $53.00High
6/4/2021CitigroupBoost Price TargetBuy$65.00 ➝ $70.00High
6/4/2021BarclaysBoost Price TargetOverweight$63.00 ➝ $68.00High
5/28/2021B. RileyLower Price TargetNeutral$51.00 ➝ $50.00Low
3/5/2021Colliers SecuritiesReiterated RatingBuy$58.00Low
3/4/2021Raymond JamesBoost Price TargetOutperform$52.00 ➝ $57.00Medium
3/2/2021Rosenblatt SecuritiesBoost Price TargetNeutral$45.00 ➝ $50.00High
2/26/2021Raymond JamesBoost Price TargetOutperform$52.00 ➝ $57.00Low
2/25/2021CitigroupBoost Price Target$55.00 ➝ $65.00Low
1/21/2021Bank of AmericaUpgradeNeutral ➝ Buy$49.00 ➝ $65.00Low
1/13/2021Needham & Company LLCBoost Price TargetBuy$58.00 ➝ $65.00High
12/15/2020Morgan StanleyBoost Price TargetEqual Weight$46.00 ➝ $50.00Low
12/11/2020B. RileyBoost Price TargetNeutral$46.00 ➝ $51.50High
12/11/2020BarclaysBoost Price TargetOverweight$54.00 ➝ $62.00High
11/18/2020Rosenblatt SecuritiesDowngradeBuy ➝ Neutral$45.00High
10/14/2020Vertical ResearchInitiated CoverageNeutralLow
9/17/2020Raymond JamesLower Price TargetOutperform$55.00 ➝ $50.00Low
9/4/2020Colliers SecuritiesReiterated RatingBuyMedium
9/4/2020B. RileyLower Price Target$50.00 ➝ $46.00Low
9/4/2020CitigroupLower Price TargetBuy$65.00 ➝ $55.00High
9/4/2020MKM PartnersLower Price TargetBuy$62.00 ➝ $55.00Medium
9/4/2020Rosenblatt SecuritiesLower Price TargetBuy$64.00 ➝ $55.00Medium
9/4/2020Stifel NicolausLower Price TargetBuy$61.00 ➝ $54.00High
9/4/2020Morgan StanleyLower Price TargetPositive ➝ Equal Weight$50.00 ➝ $46.00High
9/4/2020BarclaysLower Price TargetPositive ➝ Overweight$67.00 ➝ $54.00High
9/4/2020JPMorgan Chase & Co.Reiterated RatingBuy$53.00High
7/24/2020Wolfe ResearchInitiated CoverageOutperformMedium
7/21/2020Needham & Company LLCUpgradeHold ➝ Buy$65.00High
6/29/2020Rosenblatt SecuritiesReiterated RatingBuy$64.00Medium
6/24/2020CowenReiterated RatingBuy$73.00Low
6/5/2020NomuraBoost Price TargetBuy$46.00 ➝ $63.00Low
6/5/2020Morgan StanleyBoost Price TargetEqual Weight$47.00 ➝ $50.00Low
6/5/2020Stifel NicolausBoost Price TargetBuy$54.00 ➝ $61.00Low
6/5/2020Nomura InstinetBoost Price TargetBuy$46.00 ➝ $63.00Low
6/5/2020Rosenblatt SecuritiesBoost Price TargetBuy$59.00 ➝ $64.00Low
6/5/2020BarclaysBoost Price TargetOverweight$48.00 ➝ $67.00Low
6/5/2020CitigroupBoost Price TargetBuy$45.00 ➝ $65.00Low
6/4/2020Evercore ISIReiterated RatingBuy$62.00Low
6/4/2020Piper SandlerBoost Price TargetOverweight$50.00 ➝ $62.00Low
6/4/2020Northland SecuritiesDowngradeOutperform ➝ Market Perform$54.00Low
6/2/2020Needham & Company LLCInitiated CoverageHoldLow
6/1/2020CowenBoost Price TargetOutperform$58.00 ➝ $69.00Medium
5/29/2020Raymond JamesBoost Price TargetOutperform$51.00 ➝ $61.00High
5/26/2020Rosenblatt SecuritiesBoost Price TargetIn-Line ➝ Buy$51.00 ➝ $59.00High
5/22/2020MKM PartnersBoost Price TargetBuy$54.00 ➝ $62.00Low
5/13/2020B. RileyDowngradeBuy ➝ Neutral$54.00 ➝ $51.00Low
4/16/2020Morgan StanleyDowngradeOverweight ➝ Equal Weight$47.00High
4/2/2020Piper SandlerReiterated RatingBuy$50.00High
3/30/2020Nomura SecuritiesLower Price TargetBuy$50.00 ➝ $46.00Medium
3/19/2020Morgan StanleyLower Price TargetOverweight$50.00 ➝ $45.00High
3/6/2020MKM PartnersBoost Price TargetBuy$53.00 ➝ $54.00Medium
3/6/2020B. RileyBoost Price TargetBuy$51.00 ➝ $54.00Medium
3/5/2020Rosenblatt SecuritiesBoost Price TargetBuy$47.00 ➝ $51.00High
3/3/2020CowenReiterated RatingBuy$54.00N/A
2/21/2020Nomura SecuritiesBoost Price TargetBuy$47.00 ➝ $50.00Low
1/8/2020Morgan StanleyUpgradeEqual Weight ➝ Overweight$47.00 ➝ $50.00High
12/13/2019Dougherty & CoBoost Price TargetBuy$40.00 ➝ $48.00Low
12/13/2019Nomura SecuritiesBoost Price TargetBuy$43.00 ➝ $47.00High
12/13/2019Morgan StanleyBoost Price TargetEqual Weight$43.00 ➝ $47.00High
12/13/2019BarclaysBoost Price TargetNeutral ➝ Overweight$53.00 ➝ $56.00High
12/12/2019Piper Jaffray CompaniesUpgradeNeutral ➝ Overweight$46.00 ➝ $50.00High
12/12/2019Stifel NicolausReiterated RatingBuy$54.00High
12/12/2019Evercore ISIReiterated RatingBuy$48.00High
12/9/2019Needham & Company LLCReiterated RatingHoldLow
12/6/2019UBS GroupDowngradeNeutral ➝ Sell$43.00 ➝ $31.00Medium
12/2/2019CowenReiterated RatingBuy$54.00Low
10/25/2019B. RileySet Price TargetBuy$56.00N/A
10/2/2019Nomura SecuritiesReiterated RatingBuy$47.00 ➝ $43.00Medium
9/18/2019MKM PartnersSet Price TargetBuy$51.00Low
9/11/2019Evercore ISIInitiated CoverageOutperform$48.00 ➝ $48.00Low
9/6/2019Piper Jaffray CompaniesSet Price TargetHold$46.00Low
9/6/2019Stifel NicolausSet Price TargetBuy$54.00Low
9/6/2019MKM PartnersLower Price TargetBuy$51.00Low
9/6/2019JPMorgan Chase & Co.Lower Price TargetOverweight$53.00 ➝ $50.00N/A
9/6/2019B. RileyBoost Price TargetBuy$55.00 ➝ $56.00N/A
9/6/2019Morgan StanleyBoost Price TargetEqual Weight$41.00 ➝ $43.00N/A
9/6/2019UBS GroupLower Price TargetNeutral$46.00 ➝ $43.00N/A
9/6/2019Nomura SecuritiesLower Price TargetOverweight ➝ Buy$52.00 ➝ $47.00Low
9/6/2019BarclaysBoost Price TargetOverweight$50.00 ➝ $53.00Low
9/3/2019Needham & Company LLCReiterated RatingHoldLow
8/30/2019Stifel NicolausSet Price TargetBuy$54.00Low
8/29/2019Rosenblatt SecuritiesUpgradeNeutral ➝ Buy$45.00 ➝ $47.00Low
8/21/2019Nomura SecuritiesReiterated RatingBuy$50.00 ➝ $50.00Low
8/7/2019BarclaysInitiated CoverageOverweight ➝ Overweight$50.00 ➝ $50.00High
6/7/2019Morgan StanleySet Price TargetHold$41.00Medium
6/7/2019MKM PartnersBoost Price TargetBuy$54.00Low
6/7/2019B. RileyBoost Price TargetBuy$48.00 ➝ $55.00Low
6/7/2019Nomura SecuritiesBoost Price TargetBuy$50.00 ➝ $52.00Low
6/7/2019Raymond JamesBoost Price TargetOutperform$48.00 ➝ $53.00Low
6/7/2019Jefferies Financial GroupBoost Price TargetBuy$50.00 ➝ $55.00Low
6/7/2019Stifel NicolausBoost Price TargetBuy$46.00 ➝ $54.00Low
6/7/2019The Goldman Sachs GroupBoost Price TargetBuy$45.00 ➝ $53.00Low
6/7/2019CitigroupBoost Price TargetBuy$50.00 ➝ $55.00Low
6/6/2019Piper Jaffray CompaniesBoost Price TargetNeutral$41.00 ➝ $45.00Low
6/5/2019Northland SecuritiesReiterated RatingBuy$42.00Low
6/3/2019Rosenblatt SecuritiesReiterated RatingHold$38.00High
4/22/2019JPMorgan Chase & Co.DowngradeNeutral ➝ UnderweightLow
4/15/2019Northland SecuritiesUpgradeMarket Perform ➝ Outperform$42.00Medium
3/22/2019JPMorgan Chase & Co.Set Price TargetBuy$45.00Low
3/7/2019UBS GroupSet Price TargetHold$42.00Low
3/6/2019MKM PartnersBoost Price TargetBuy$49.00Medium
3/6/2019Dougherty & CoBoost Price TargetBuy ➝ Buy$40.00 ➝ $50.00Medium
3/6/2019Deutsche Bank AktiengesellschaftBoost Price TargetHold ➝ Hold$25.00 ➝ $32.00Low
3/6/2019Northland SecuritiesReiterated RatingHold$34.00Low
3/6/2019B. RileyBoost Price TargetBuy ➝ Buy$42.20 ➝ $48.00Low
3/6/2019Nomura SecuritiesBoost Price TargetBuy ➝ Buy$40.00 ➝ $50.00Medium
3/6/2019ArgusReiterated RatingIn-Line ➝ Average$53.00Medium
3/6/2019CowenBoost Price TargetOutperform$39.00 ➝ $51.00Medium
3/6/2019CitigroupBoost Price TargetBuy$50.00Medium
3/6/2019BMO Capital MarketsBoost Price TargetOutperform ➝ Outperform$42.00 ➝ $50.00Medium
3/5/2019Piper Jaffray CompaniesBoost Price TargetNeutral$41.00Medium
1/30/2019Bank of AmericaDowngradeBuy ➝ Neutral$42.00High
1/22/2019Jefferies Financial GroupBoost Price TargetBuy ➝ Buy$42.00 ➝ $45.00Low
12/20/2018Northland SecuritiesSet Price TargetBuy$32.00Low
12/16/2018Rosenblatt SecuritiesReiterated RatingHold$33.00High
12/14/2018Dougherty & CoBoost Price TargetBuy ➝ Buy$36.00 ➝ $40.00Medium
12/14/2018UBS GroupSet Price TargetHold$36.00Medium
12/14/2018Raymond JamesBoost Price TargetOutperform ➝ Outperform$36.00 ➝ $41.00Medium
12/14/2018BMO Capital MarketsBoost Price TargetOutperform ➝ Outperform$36.00 ➝ $42.00Medium
12/14/2018B. RileyReiterated RatingBuy ➝ Buy$36.00 ➝ $42.50Low
12/14/2018MKM PartnersBoost Price TargetBuy ➝ Buy$38.00 ➝ $45.00Low
12/14/2018Loop CapitalDowngradeBuy ➝ HoldLow
12/14/2018ArgusBoost Price TargetBuy$42.00Low
12/14/2018Nomura SecuritiesBoost Price TargetBuy ➝ Buy$35.00 ➝ $40.00Low
12/14/2018JPMorgan Chase & Co.Set Price TargetBuy$42.00Low
11/20/2018MKM PartnersBoost Price TargetBuy ➝ Buy$36.00 ➝ $38.00Low
11/20/2018Needham & Company LLCDowngradeBuy ➝ HoldHigh
10/23/2018Stifel NicolausInitiated CoverageBuy$35.00Low
10/1/2018Northland SecuritiesDowngradeOutperform ➝ Market PerformHigh
9/26/2018UBS GroupDowngradeBuy ➝ Neutral$29.50 ➝ $33.00Low
9/13/2018Morgan StanleyDowngradeOverweight ➝ Equal Weight$30.00 ➝ $32.00Low
9/5/2018ArgusBoost Price TargetBuy ➝ Average$38.00Medium
8/31/2018MKM PartnersBoost Price TargetBuy$36.00Low
8/31/2018William BlairReiterated RatingBuyMedium
8/31/2018B. RileyBoost Price TargetBuy ➝ Buy$31.50 ➝ $36.00Low
8/31/2018Jefferies Financial GroupReiterated RatingSellHigh
8/31/2018BMO Capital MarketsBoost Price TargetOutperform ➝ Outperform$28.00 ➝ $36.00High
8/31/2018Deutsche Bank AktiengesellschaftBoost Price TargetHold ➝ Hold$21.00 ➝ $23.00High
8/31/2018Nomura SecuritiesSet Price TargetBuy ➝ Buy$30.00 ➝ $35.00High
8/31/2018CitigroupBoost Price TargetBuy ➝ Buy$29.00 ➝ $36.00High
8/31/2018Needham & Company LLCBoost Price TargetBuy ➝ Buy$29.00 ➝ $33.00High
8/31/2018JPMorgan Chase & Co.Reiterated RatingOverweight ➝ Buy$39.00High
8/31/2018Raymond JamesBoost Price TargetOutperform$30.00 ➝ $36.00High
8/30/2018Loop CapitalReiterated RatingBuy$36.00Medium
8/29/2018BMO Capital MarketsReiterated RatingBuy$28.00Low
8/28/2018Rosenblatt SecuritiesSet Price TargetHold$27.00Low
7/26/2018UBS GroupBoost Price TargetBuy ➝ Buy$27.00 ➝ $29.50Medium
7/18/2018MKM PartnersDowngradeBuy$32.00Low
7/18/2018Rosenblatt SecuritiesDowngradeBuy ➝ Neutral$27.00Low
6/25/2018Morgan StanleyUpgradeEqual Weight ➝ Overweight$29.00High
6/21/2018The Goldman Sachs GroupInitiated CoverageBuyMedium
6/1/2018BMO Capital MarketsLower Price TargetOutperform ➝ Outperform$32.00 ➝ $28.00Low
6/1/2018B. RileyBoost Price TargetBuy ➝ Buy$31.00 ➝ $31.50Low
6/1/2018JPMorgan Chase & Co.Lower Price TargetOverweight ➝ Overweight$36.00 ➝ $33.00Low
6/1/2018CitigroupLower Price TargetBuy ➝ Buy$32.00 ➝ $29.00Low
6/1/2018Nomura SecuritiesReiterated RatingBuy$30.00Medium
5/29/2018JPMorgan Chase & Co.Set Price TargetBuy$36.00Medium
5/23/2018Loop CapitalInitiated CoverageBuy$31.00Medium
5/3/2018JPMorgan Chase & Co.Initiated CoverageOverweight ➝ Overweight$36.00Low
4/26/2018Rosenblatt SecuritiesLower Price TargetBuy$32.00 ➝ $29.00Low
4/4/2018Rosenblatt SecuritiesInitiated CoverageBuy ➝ Buy$32.00Low
3/19/2018Northland SecuritiesReiterated RatingBuy$34.00Low
3/9/2018CitigroupBoost Price TargetBuy ➝ Buy$30.00 ➝ $32.00Low
3/9/2018Morgan StanleyReiterated RatingEqual Weight ➝ Equal Weight$25.00 ➝ $29.00Low
3/7/2018Jefferies Financial GroupReiterated RatingBuy$31.00Low
3/7/2018MKM PartnersBoost Price TargetBuy$32.00Low
3/7/2018BMO Capital MarketsBoost Price TargetOutperform$32.00Low
3/7/2018Needham & Company LLCReiterated RatingBuy ➝ Buy$24.00 ➝ $29.00High
3/7/2018B. RileyBoost Price TargetBuy ➝ Buy$27.50 ➝ $31.00High
3/6/2018Northland SecuritiesReiterated RatingBuyHigh
3/6/2018Stifel NicolausBoost Price TargetBuy$28.00 ➝ $31.00High
3/6/2018Piper Jaffray CompaniesReiterated RatingNeutral$22.00 ➝ $27.00High
3/5/2018BMO Capital MarketsReiterated RatingBuy$25.00High
1/15/2018The Goldman Sachs GroupUpgradeNeutral ➝ Buy$27.00High
12/8/2017UBS GroupLower Price TargetBuy$29.00 ➝ $27.00Low
12/8/2017BMO Capital MarketsLower Price TargetOutperform$25.00Low
12/8/2017Needham & Company LLCLower Price TargetBuy ➝ Buy$26.00 ➝ $24.00Medium
12/8/2017Piper Jaffray CompaniesDowngradeOverweight ➝ Neutral$20.76 ➝ $22.00Medium
12/7/2017Raymond JamesSet Price TargetBuy$33.00Medium
12/6/2017CowenReiterated RatingBuy$33.00High
12/5/2017B. RileyLower Price TargetBuy ➝ Buy$30.50 ➝ $28.00Low
11/27/2017Bank of AmericaUpgradeNeutral ➝ Buy$20.98 ➝ $28.00Low
11/13/2017William BlairReiterated RatingBuyN/A
11/3/2017Stifel NicolausReiterated RatingBuyN/A
10/27/2017BMO Capital MarketsReiterated RatingBuyN/A
10/12/2017Piper Jaffray CompaniesReiterated RatingBuyN/A
10/4/2017Stifel NicolausReiterated RatingBuy$30.00Low
9/26/2017MKM PartnersReiterated RatingBuy$30.00Low
9/26/2017Stifel NicolausReiterated RatingBuy$30.00Low
9/25/2017Needham & Company LLCReiterated RatingBuy ➝ Buy$31.00 ➝ $28.00High
9/20/2017Nomura SecuritiesReiterated RatingBuy$28.00Low
9/3/2017B. RileyReiterated RatingBuy$30.50Low
9/3/2017Northland SecuritiesReiterated RatingBuy$30.00Low
9/1/2017Needham & Company LLCReiterated RatingBuy$31.00Medium
9/1/2017Nomura SecuritiesLower Price TargetBuy$30.00 ➝ $28.00Medium
9/1/2017Dougherty & CoLower Price TargetBuy$32.00 ➝ $27.00Medium
9/1/2017BMO Capital MarketsReiterated RatingOutperform$32.00 ➝ $28.00Medium
9/1/2017Deutsche Bank AktiengesellschaftReiterated RatingHold$24.00 ➝ $22.00Medium
9/1/2017Stifel NicolausReiterated RatingBuy$30.00Medium
8/31/2017Piper Jaffray CompaniesReiterated RatingBuy$30.00Medium
8/31/2017MKM PartnersReiterated RatingBuyMedium
8/31/2017William BlairReiterated RatingOutperformHigh
8/30/2017UBS GroupSet Price TargetBuy$31.00Low
8/30/2017CitigroupUpgradeNeutral ➝ Buy$23.87 ➝ $29.00High
8/29/2017B. RileyReiterated RatingBuy$34.25Low
8/24/2017Raymond JamesReiterated RatingOutperformLow
8/7/2017Northland SecuritiesSet Price TargetBuy$32.00Low
8/3/2017William BlairReiterated RatingBuyLow
7/21/2017Stifel NicolausReiterated RatingBuy$32.00High
7/4/2017Northland SecuritiesReiterated RatingBuy$32.00Low
6/5/2017Bank of AmericaReiterated RatingNeutral$28.00 ➝ $30.00Low
6/5/2017UBS GroupReiterated RatingBuy$29.00 ➝ $31.00N/A
6/4/2017B. RileyReiterated RatingBuy$34.00Medium
6/3/2017Deutsche Bank AktiengesellschaftReiterated RatingHold$23.00 ➝ $24.00Medium
6/3/2017Nomura InstinetReiterated RatingBuy$27.00 ➝ $30.00Medium
6/3/2017BMO Capital MarketsReiterated RatingOutperform$30.00 ➝ $32.00Medium
6/2/2017MKM PartnersReiterated RatingBuy$30.00 ➝ $32.00Medium
6/2/2017Jefferies Financial GroupReiterated RatingBuy$29.00 ➝ $32.50Low
6/2/2017Wells Fargo & CompanyReiterated RatingOutperformLow
6/2/2017Stifel NicolausReiterated RatingBuy$28.00 ➝ $32.00Low
6/2/2017ArgusBoost Price TargetBuy$27.00 ➝ $33.00Low
6/2/2017Needham & Company LLCBoost Price TargetBuy ➝ Buy$30.00 ➝ $31.00Medium
6/2/2017Dougherty & CoBoost Price TargetBuy ➝ Buy$26.00 ➝ $32.00Medium
6/1/2017Drexel HamiltonUpgradeHold ➝ BuyMedium
5/30/2017B. RileyReiterated RatingBuy$34.25Low
5/30/2017CowenReiterated RatingOutperform$35.00Low
5/24/2017Deutsche Bank AktiengesellschaftDowngradeBuy ➝ Hold$24.35 ➝ $23.00High
5/22/2017Stifel NicolausUpgradeHold ➝ Buy$24.00 ➝ $28.00High
4/27/2017BMO Capital MarketsReiterated RatingBuy$30.00Low
3/24/2017Deutsche Bank AktiengesellschaftLower Price TargetBuy$30.00 ➝ $28.00Low
3/21/2017Wells Fargo & CompanyReiterated RatingOverweightLow
3/21/2017Needham & Company LLCReiterated RatingBuy$30.00Medium
3/21/2017BMO Capital MarketsReiterated RatingPositive ➝ Outperform$30.00Medium
3/16/2017The Goldman Sachs GroupDowngradeBuy ➝ Neutral$27.00Low
3/13/2017MKM PartnersReiterated RatingBuy$30.00Low
3/12/2017William BlairReiterated RatingBuyLow
3/11/2017B. RileyReiterated RatingBuy$34.00N/A
3/11/2017Needham & Company LLCReiterated RatingBuy$30.00N/A
3/11/2017Nomura InstinetReiterated RatingBuy$27.00N/A
3/11/2017Wells Fargo & CompanyReiterated RatingOutperform$31.00N/A
3/11/2017BMO Capital MarketsReiterated RatingOutperform$30.00N/A
3/6/2017B. RileyReiterated RatingBuy$33.75N/A
3/6/2017Dougherty & CoReiterated RatingBuy ➝ Buy$26.00N/A
3/6/2017CowenReiterated RatingOutperform$35.00N/A
3/3/2017Bank of AmericaDowngradeBuy ➝ Neutral$26.39 ➝ $28.00N/A
2/22/2017MKM PartnersReiterated RatingBuy$30.00N/A
1/31/2017Deutsche Bank AktiengesellschaftUpgradeHold ➝ BuyN/A
1/13/2017UBS GroupInitiated CoverageBuy$29.00N/A
12/20/2016Piper Jaffray CompaniesInitiated CoverageOverweight$30.00N/A
12/11/2016B. RileyReiterated RatingBuy$33.75N/A
12/10/2016Jefferies Financial GroupReiterated RatingBuy$27.00 ➝ $29.00N/A
12/10/2016BMO Capital MarketsReiterated RatingOutperform$27.00 ➝ $30.00N/A
12/9/2016Wells Fargo & CompanyReiterated RatingOutperformN/A
12/9/2016MKM PartnersBoost Price TargetBuy$28.00 ➝ $30.00N/A
12/8/2016Needham & Company LLCReiterated RatingBuy$30.00N/A
12/6/2016B. RileyReiterated RatingBuy$28.50N/A
12/6/2016William BlairReiterated RatingBuyN/A
11/28/2016Needham & Company LLCReiterated RatingBuy$30.00N/A
11/15/2016JPMorgan Chase & Co.Reiterated RatingOverweightN/A
11/14/2016Deutsche Bank AktiengesellschaftUpgradeHold ➝ Buy$21.74 ➝ $27.00N/A
10/7/2016MKM PartnersReiterated RatingPositive$28.00N/A
9/30/2016Stifel NicolausInitiated CoverageHold$23.00N/A
9/9/2016B. RileyReiterated RatingBuy$28.50N/A
9/7/2016MKM PartnersReiterated RatingBuy$26.00 ➝ $28.00N/A
9/6/2016Needham & Company LLCReiterated RatingBuy$30.00N/A
9/6/2016William BlairReiterated RatingOutperformN/A
9/4/2016B. RileyReiterated RatingBuy$28.50N/A
9/4/2016Deutsche Bank AktiengesellschaftSet Price TargetHold$18.50 ➝ $20.00N/A
9/2/2016BMO Capital MarketsBoost Price TargetOutperform$27.00N/A
9/2/2016ArgusReiterated RatingBuy$30.00N/A
9/2/2016Jefferies Financial GroupBoost Price TargetBuy$23.00 ➝ $27.00N/A
9/2/2016CitigroupBoost Price TargetNeutral$23.00 ➝ $24.00N/A
9/2/2016Drexel HamiltonDowngradeBuy ➝ HoldN/A
9/2/2016Morgan StanleyDowngradeOverweight ➝ Equal Weight$23.17 ➝ $23.00N/A
9/2/2016Dougherty & CoBoost Price TargetBuy$25.00 ➝ $26.00N/A
8/30/2016B. RileyReiterated RatingBuy$26.50N/A
8/29/2016Deutsche Bank AktiengesellschaftBoost Price TargetHold$17.00 ➝ $18.50N/A
8/25/2016CitigroupBoost Price TargetHold$21.00 ➝ $23.00N/A
8/23/2016MKM PartnersReiterated RatingBuy$26.00N/A
(Data available from 6/20/2016 forward)
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Ciena Corporation provides network hardware, software, and services that support the transport, routing, switching, aggregation, service delivery, and management of video, data, and voice traffic on communications networks worldwide. The company's Networking Platforms segment offers hardware networking products and solutions that optimized for the convergence of coherent optical transport, optical transport network switching, and packet switching. Its products include 6500 Packet-Optical Platform, 5430 Reconfigurable Switching System, Waveserver stackable interconnect system, and the 6500 Reconfigurable line system, and the 5400 family of Packet-Optical platforms, as well as Z-Series Packet-Optical Platform; 3000 family of service delivery switches and service aggregation switches, and the 5000 family of service aggregation switches, as well as 8700 Packetwave Platform and the Ethernet packet configuration for the 5410 Service Aggregation Switch; and 6500 Packet Transport System. This segment also sells operating system software and enhanced software features embedded in each of its products. The company's Blue Planet Automation Software and Services segment provides multi-domain service orchestration, inventory, route optimization and analysis, network function virtualization orchestration, analytics, and related services. Its Platform Software and Service segment offers OneControl unified management system and platform software services, as well as manage, control, and plan software. The company's Global Services segment provides consulting and network design, installation and deployment, maintenance support, and training services. The company sells its products through direct and indirect sales channels to network operators. Ciena Corporation was founded in 1992 and is headquartered in Hanover, Maryland.
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Today's Range

Now: $56.15
Low: $55.48
High: $56.58

50 Day Range

MA: $54.56
Low: $49.52
High: $60.77

52 Week Range

Now: $56.15
Low: $38.03
High: $61.51

Volume

2,225,592 shs

Average Volume

1,436,457 shs

Market Capitalization

$8.69 billion

P/E Ratio

24.00

Dividend Yield

N/A

Beta

0.81

Frequently Asked Questions

What sell-side analysts currently cover shares of Ciena?

The following Wall Street research analysts have issued stock ratings on Ciena in the last year: B. Riley, Bank of America Co., Barclays PLC, Citigroup Inc., Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon Russell, Colliers Securities, Cowen Inc, JPMorgan Chase & Co., MKM Partners, Morgan Stanley, Needham & Company LLC, Raymond James, Rosenblatt Securities, Stifel Nicolaus, Vertical Research, Wolfe Research, and Zacks Investment Research.
View the latest analyst ratings for CIEN.

What is the current price target for Ciena?

14 Wall Street analysts have set twelve-month price targets for Ciena in the last year. Their average twelve-month price target is $60.07, suggesting a possible upside of 7.0%. Cowen Inc has the highest price target set, predicting CIEN will reach $73.00 in the next twelve months. Morgan Stanley has the lowest price target set, forecasting a price of $50.00 for Ciena in the next year.
View the latest price targets for CIEN.

What is the current consensus analyst rating for Ciena?

Ciena currently has 4 hold ratings and 12 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe CIEN will outperform the market and that investors should add to their positions of Ciena.
View the latest ratings for CIEN.

What other companies compete with Ciena?

How do I contact Ciena's investor relations team?

Ciena's physical mailing address is 7035 RIDGE ROAD, HANOVER MD, 21076. The communications equipment provider's listed phone number is 410-694-5700 and its investor relations email address is [email protected] The official website for Ciena is www.ciena.com.