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Ciena (CIEN)
NYSE:CIEN
Holding CIEN?
Track your performance easily
See the Price Targets and Ratings of:
CIEN Analyst Ratings
Moderate Buy
6 Buy
7 Hold
0 Sell
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers in the past 3 months
CIEN Stock 12 Month Forecast
Average Price Target
$64.62
▼(-10.14% Downside)
| Highest Price Target$80.00 | Average Price Target$64.62 | Lowest Price Target$46.00 |
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.
Detailed List of Analyst Forecasts
Ranks
Any
Analyst Rating
Any
Upside/ Downside
Any
Action
Any
Morgan Stanley
Downgraded
10/28/24
Evercore ISI
Downgraded
10/15/24
Stifel Nicolaus
Assigned
10/09/24
Jefferies
Reiterated
10/09/24
Exane BNP Paribas
Downgraded
10/09/24
J.P. Morgan
Downgraded
10/07/24
Barclays
Reiterated
09/05/24
Northland Securities
Reiterated
09/05/24
Bank of America Securities
Downgraded
09/05/24
Rosenblatt Securities
$54→$60
Hold
-16.56%
Downside
Reiterated
09/05/24
CIENA (CIEN) PT Raised to $60 at RosenblattRosenblatt analyst Mike Genovese raised the price target on CIENA (NYSE: CIEN) to $60.00 (from $54.00) while maintaining a Neutral rating.
Needham
$65
Buy
-9.61%
Downside
Reiterated
09/05/24
Ciena's Strong Q3 Performance and Webscale Growth Prompt Buy Rating from Ryan Koontz
Raymond James
$54→$60
Buy
-16.56%
Downside
Reiterated
09/04/24
CIENA (CIEN) PT Raised to $60 at Raymond JamesRaymond James analyst Simon Leopold raised the price target on CIENA (NYSE: CIEN) to $60.00 (from $54.00) while maintaining a Outperform rating.
Argus Research
$76
Buy
5.69%
Upside
Reiterated
06/07/24
Argus reiterates Buy Rating on CIENA (CIEN)Argus analyst Jim Kelleher reiterated a Buy rating and $76.00 price target on CIENA (NYSE: CIEN).
B.Riley Financial
$68
Buy
-5.44%
Downside
Reiterated
03/08/24
Analysts Conflicted on These Technology Names: Autodesk (NASDAQ: ADSK), Ciena (NYSE: CIEN) and Sage Group plc (LSE: GB:SGE)
Best Analysts Covering Ciena
Which Analyst Should I Follow If I Want to Buy CIEN and Sell After:
1 Month
xxx
Success Rate
17/33 ratings generated profit
Average Return
-0.13%
reiterated a xxx
rating 8 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 1 Month would result in 51.52% of your transactions generating a profit, with an average return of -0.13% per trade.
3 Months
xxx
Success Rate
27/43 ratings generated profit
Average Return
+2.80%
reiterated a xxx
rating 2 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 3 Months would result in 62.79% of your transactions generating a profit, with an average return of +2.80% per trade.
1 Year
2 Years
xxx
Success Rate
31/33 ratings generated profit
Average Return
+36.89%
reiterated a xxx
rating 8 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 2 Years would result in 93.94% of your transactions generating a profit, with an average return of +36.89% per trade.
The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.
CIEN Analyst Recommendation Trends
Rating
May 24
Jun 24
Aug 24
Sep 24
Oct 24
Strong Buy
0
1
1
1
0
Buy
13
13
14
21
15
Hold
3
6
6
7
7
Sell
1
1
0
1
1
Strong Sell
0
0
0
0
0
total
17
21
21
30
23
Each month's total comprises the sum of three months' worth of ratings.
CIEN Financial Forecast
CIEN Stock Forecast FAQ
What is CIEN’s average 12-month price target, according to analysts?
Based on analyst ratings, Ciena’s 12-month average price target is $64.62.
What is CIEN’s upside potential, based on the analysts’ average price target?
Currently there's no upside potential for CIEN, based on the analysts’ average price target.
Can I see which stocks the top-ranking analysts are rating?
Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
How can I follow the stock ratings of top Wall Street analysts?
Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
Is CIEN a Buy, Sell or Hold?
Ciena has a consensus rating of Moderate Buy which is based on 6 buy ratings, 7 hold ratings and 0 sell ratings.
What is Ciena’s price target?
The average price target for Ciena is $64.62. This is based on 13 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
The highest analyst price target is $80.00 ,the lowest forecast is $46.00. The average price target represents -10.14% Decrease from the current price of $71.91.
The highest analyst price target is $80.00 ,the lowest forecast is $46.00. The average price target represents -10.14% Decrease from the current price of $71.91.
What do analysts say about Ciena?
Ciena’s analyst rating consensus is a Moderate Buy. This is based on the ratings of 13 Wall Streets Analysts.
How can I buy shares of CIEN?
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