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Ciena Corporation (CIEN) Stock Forecast

Data as of May 2, 2026

Technology · Current price $534.55 (+1.29%)

Consensus Target
$297.50
Upside
-37.5%
Analysts
33
Rating
Buy(2.30)

Price Target Range

Low $185.00Consensus $297.50High $375.00
▲ Current $534.55

Consensus Price Target Over Time

Analyst Rating Distribution

Last 3 Months

Consensus
Buy
Strong Buy0
Buy10
Hold6
Sell0
Strong Sell0

6-Month Trend

Latest Analyst Forecasts

Price targets issued by Wall Street analysts. Upside calculated against today's price.

DateAnalystFirmPrice TargetUpside
Mar 6, 2026David VogtUBS$285.00-46.7%
Mar 6, 2026Mike GenoveseRosenblatt Securities$350.00-34.5%
Mar 5, 2026Meta MarshallMorgan Stanley$286.00-46.5%
Mar 5, 2026George NotterWolfe Research$375.00-29.8%
Mar 5, 2026Ruben RoyStifel Nicolaus$320.00-40.1%
Mar 5, 2026Simon LeopoldRaymond James$320.00-40.1%
Mar 5, 2026Ryan KoontzNeedham$370.00-30.8%
Dec 12, 2025David VogtUBS$230.00-57.0%
Dec 12, 2025Meta MarshallMorgan Stanley$195.00-63.5%
Dec 12, 2025Tim SavageauxNorthland Securities$190.00-64.5%
Dec 11, 2025Ruben RoyStifel Nicolaus$270.00-49.5%
Dec 5, 2025Ryan KoontzNeedham$240.00-55.1%
Sep 5, 2025David VogtUBS$120.00-77.6%
Jun 6, 2025Tim SavageauxNorthland Securities$85.00-84.1%
Mar 12, 2025Tim LongBarclays$100.00-81.3%
Dec 18, 2024George NotterJefferies$105.00-80.4%
Oct 9, 2024Ruben RoyStifel Nicolaus$75.00-86.0%
Oct 9, 2024Karl AckermanBNP Paribas$67.00-87.5%
Oct 7, 2024Samik ChatterjeeJ.P. Morgan$65.00-87.8%
Sep 23, 2024Atif MalikCitigroup$68.00-87.3%

CIEN vs Sector & Market

MetricCIENTechnology AvgLarge Cap Avg
Analyst Rating2.302.342.41
Analyst Count331318
Target Upside-37.5%+4072.8%+14.9%
P/E Ratio340.0727.5031.19

Revenue Estimates

PeriodLowAvgHigh#
2026-11-01$5.97B$6.13B$6.24B13
2027-01-31$1.64B$1.69B$1.73B5
2027-04-30$1.73B$1.79B$1.83B5
2027-07-31$1.81B$1.87B$1.91B5
2027-10-31$1.95B$2.01B$2.05B5
2027-11-01$6.93B$7.45B$8.15B13
2028-01-31$1.92B$1.98B$2.02B4
2028-04-30$2.01B$2.07B$2.12B4
2028-07-31$2.05B$2.11B$2.16B4
2028-10-31$2.23B$2.30B$2.35B4
2028-11-01$9.29B$9.37B$9.46B9

EPS Estimates

PeriodLowAvgHigh#
2026-11-01$5.80$6.15$6.4911
2027-01-31$1.74$1.81$1.876
2027-04-30$1.92$2.00$2.065
2027-07-31$2.10$2.19$2.256
2027-10-31$2.37$2.47$2.556
2027-11-01$7.14$8.45$10.5710
2028-01-31$2.20$2.29$2.3611
2028-04-30$2.32$2.41$2.4810
2028-07-31$2.37$2.46$2.5411
2028-10-31$2.78$2.90$2.9811
2028-11-01$6.75$12.47$18.925

Frequently Asked Questions

What is the analyst consensus for CIEN?

The consensus among 33 analysts covering Ciena Corporation (CIEN) is Buy with an average price target of $297.50.

What is the highest price target for CIEN?

The highest price target for CIEN is $375.00, set by George Notter at Wolfe Research on 2026-03-05.

What is the lowest price target for CIEN?

The lowest price target for CIEN is $50.00, set by Alex Henderson at Needham on 2023-08-28.

How many analysts cover CIEN?

33 analysts have issued ratings for Ciena Corporation in the past 12 months.

Is CIEN a buy or sell right now?

Based on 33 analyst ratings, CIEN has a consensus rating of Buy (2.30/5) with a -37.5% upside to the consensus target of $297.50.

What are the earnings estimates for CIEN?

Analysts estimate CIEN will report EPS of $6.15 for the period ending 2026-11-01, with revenue estimated at $6.13B.

Data updated daily. Analyst price targets sourced from public filings and broker reports. Not investment advice.