TICKERNERD
Menu
CIENCIENTechnology · Communication Equipment

CIEN Stock Forecast: Ciena Corp. Price Predictions for 2026-2027

Last close, 4 Sept 2026
$321
+1.12% on the day

The 20 Wall Street analysts covering Ciena Corp. hold a median 12-month price target of $520 — +62.0% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 64 of 100 as at 5 Sept 2026 — in the upper half.

Market cap
$45.5B
Ticker Nerd rank
64 / 100
Median analyst target
$520
Analysts covering
20
Revenue$1.6B+39.5% y/y
Operating income$238.7M
Net income$218.2M
Free cash flow$218.7M
Quarterly, 8 quarters to 30 Apr 2026 · latest quarter's figure shown
Total return, dividends reinvested
1W
−15.2%
1M
−21.9%
YTD
+37.3%
1Y
+174.5%
From 52W high
−48.8%
From 52W low
+175.1%
$117
$627
52-week range, adjusted closes · the dot is the last close
Ticker Nerd rank

CIEN stock analysis: one number for the whole business

Consensus tells you what everyone already believes. The model scores Ciena Corp. on its factor families — the same systematic rank behind the Ticker Nerd portfolio.

Where the model ranks itAs at 5 Sept 2026
64 / 100

Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested

Revisions
98
Growth
90
Quality
83
Momentum
78
Accruals
42
Issuance
34
Value
25
Volatility
23
Size
6

Revisions (98): Analysts have, on balance, been raising their forecasts.

Volatility (23): The share price moves around a lot.

Size (6): Larger than most of the companies we track — more scrutinised, less often mispriced.

Built and run by Aslam Ghouse, an ex-Goldman Sachs quant trader with fourteen years in markets.

Wall Street

CIEN stock forecast 2026-2027: analyst price targets & predictions

The bullish and bearish analyst opinions on CIEN, reported as data — targets and ratings, the market's view beside the model's.

Share price and the analyst range, 12 monthsAdjusted close, US dollars
$100$200$300$400$500$600$700Oct 25Jan 26Apr 26Jul 26CIENHigh $660Median $520Low $325

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Data provided by Twelve Data

What Wall Street says20 analysts
14 Buy6 Hold0 Sell
Low $325Median $520High $660

The green dot is the last close — the median target sits +62.0% from it.

Recent analyst actionsNewest first

Of the 20 most recent actions, 1 moved their price target up and 10 moved it down.

DateFirmActionRatingTarget
4 Sept 2026B. Riley SecuritiesMaintainsNeutral$413 → $347
4 Sept 2026BarclaysMaintainsOverweight$607 → $475
4 Sept 2026JP MorganMaintainsOverweight$635 → $605
4 Sept 2026Morgan StanleyMaintainsEqual-Weight$490 → $425
4 Sept 2026RosenblattMaintainsBuy$720 → $525
4 Sept 2026TD CowenMaintainsBuy$575 → $400
4 Sept 2026UBSMaintainsNeutral$508 → $394
3 Sept 2026NeedhamMaintainsBuy$600 → $520
31 Aug 2026B. Riley SecuritiesMaintainsNeutral$516 → $413
26 Aug 2026NeedhamReiteratesBuy$600
26 Aug 2026NeedhamReiteratesBuy—
24 Aug 2026RosenblattMaintainsBuy—
24 Aug 2026RosenblattMaintainsBuy$720
19 Aug 2026Northland Capital MarketsUpgradeOutperform—
19 Aug 2026Northland Capital MarketsUpgradeOutperform$450 → $500
18 Aug 2026TD CowenMaintainsBuy$675 → $575
18 Aug 2026TD CowenMaintainsBuy—
23 June 2026NeedhamReiteratesBuy$600
23 June 2026NeedhamReiteratesBuy—
5 June 2026BarclaysMaintainsOverweight—

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Market Radar

This page is one stock. Monday covers all of them.

Computed off the Friday close and sent before the US open.

Market Radar reports the week’s largest rank changes across roughly 4,600 US stocks, the factor behind each one, and where the market went. CIEN appears on the weeks it earns a place.

Free, every Monday. Unsubscribe any time.

Performance

CIEN vs the S&P 500

Both lines are total return — dividends reinvested — so the comparison is honest on both sides.

Over the twelve months to 4 Sept 2026, Ciena Corp. returned +174.5% against +20.0% for the S&P 500, dividends included.

CIEN vs S&P 500, last 12 monthsTotal return, rebased to 100
100200300400500Oct 25Jan 26Apr 26Jul 26CIENS&P 500

Download this chart as an image — free to reuse; link this page as the source.

Data provided by Twelve Data

Estimates

CIEN analyst estimate revisions

Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.

Which way the estimates are movingNext fiscal year
EPS revision, 90 days
+5.0%
Analysts raising
18
Analysts cutting
1
Fundamentals

Ciena Corp. (CIEN) financial data

A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.

Valuation
Trailing P/E
72.0×

Cheaper than 10% of US stocks

Price / sales
8.2×

Cheaper than 16% of US stocks

Price / book
14.9×

Cheaper than 6% of US stocks

EV / EBITDA
57.7×

Cheaper than 4% of US stocks

Growth & margins
Revenue growth (YoY)
39.5%

Higher than 83% of US stocks

Earnings growth (YoY)
2333.0%

Higher than 99% of US stocks

Gross margin
44.0%

Higher than 55% of US stocks

Operating margin
15.2%

Higher than 73% of US stocks

Net margin
7.9%

Higher than 66% of US stocks

Returns & dividend
Return on equity
15.5%

Higher than 75% of US stocks

Return on assets
6.7%

Higher than 84% of US stocks

Dividend yield
—

Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.

Key statistics

Ciena Corp. (CIEN) statistics: revenue, profit & scale

The headline figures, each with its date. Every row carries its own link — cite it straight from here.

  • Ciena Corp. has a market value of $45.5B and an enterprise value of $45.3B.

  • Revenue in the twelve months to 30 Apr 2026: $5.6B. The latest quarter grew 39.5% year on year.

  • Net income over the same four quarters: $438.3M, a 7.9% net margin.

  • Diluted earnings per share, trailing twelve months: $3.00.

  • Free cash flow in the twelve months to 30 Apr 2026: $832.7M, after $200.1M of capital spending.

  • Ciena Corp. spent $559.7M on share buybacks in the twelve months to 30 Apr 2026.

  • Shares outstanding: 141.6M.

  • Trailing P/E: 72.0×; forward P/E: 27.7× — the forward figure prices analyst consensus estimates, not reported earnings.

  • Ciena Corp. employs 8,898 people — $626K of revenue per employee.

Statement figures: company filings via Twelve Data, four quarters to 30 Apr 2026 · market figures as at 6 Sept 2026

Data provided by Twelve Data

Peers

CIEN vs competitors

The nearest names by industry and size, scored by the same model — like for like.

Its peer group, ranked by the same modelCommunication Equipment
CompanyMarket capTKN rank
CIENCiena Corp.$45.5B
64
UIUbiquiti, Inc.$35.1B
64
HPEHewlett Packard Enterprise Co.$68.9B
99
MSIMotorola Solutions, Inc.$77.7B
58
LITELumentum Holdings, Inc.$79.0B
61
ASTSAST Spacemobile, Inc.$23.8B
6
ZBRAZebra Technologies Corp.$17.3B
77

Look up any of the roughly 4,600 stocks we score.

The rank is the raw material. Whether the rules would actually own Ciena Corp. — and when they’d sell — is the membership. See the Ticker Nerd 20 →

News

Latest CIEN news & analysis

Don't Overlook These 2 AI-Driven Tech Stocks After Earnings: CIEN, NTAP

Zacks Investment Research · 4 Sept 2026positive

Zacks Research highlights Ciena and NetApp following record earnings reports this week, suggesting investors shouldn't overlook these AI-driven tech stocks despite the attention given to mega-cap AI names.

Why it matters — The article positions Ciena as an AI-driven tech stock worth attention following its record earnings, signaling positive recognition for the company's recent performance.

Ciena Q3 Earnings Call Flags Supply as Key Constraint on 2027 Growth

Zacks Investment Research · 4 Sept 2026positive

Ciena, in its fiscal Q3 earnings call, projected at least 30% revenue growth in fiscal 2027 with backlog exceeding $10 billion, while identifying component supply as the key constraint on converting that demand into growth.

Why it matters — A CIEN watcher would care because the company's outlook hinges on strong backlog and demand, but component supply constraints could limit how much of that demand it can actually fulfil.

Ciena Outlines Strong 2027 Outlook: What's Fueling the Momentum?

Zacks Investment Research · 4 Sept 2026positive

Ciena outlined a strong outlook through fiscal 2027, citing AI-driven optical demand, a record backlog, and supply agreements as factors underpinning expected growth.

Why it matters — A CIEN watcher would care because these factors point to sustained demand and visibility for Ciena's optical business over the next several fiscal years.

Ciena: The Business Is Better Than Ever, But The Stock Isn't Cheap

Seeking Alpha · 4 Sept 2026positive

Ciena is capitalizing on surging AI and hyperscaler demand, achieving 37% year-over-year revenue growth and a record backlog, with adjusted operating margin doubling to 22.5% and 2026 revenue guidance raised to $6.42 billion. The company nonetheless trades at a premium valuation with risks from customer concentration and industry supply constraints.

Why it matters — This highlights Ciena's strong operational performance and record demand environment, while flagging the valuation and concentration risks that watchers should weigh against the company's growth momentum.

Ciena Analysts Slash Their Forecasts After Q3 Earnings

Benzinga · 4 Sept 2026neutral

Ciena Corp. reported better-than-expected earnings for its fiscal third quarter on Thursday. Following the report, analysts have reduced their forecasts for the company.

Why it matters — A Ciena watcher would care because despite a better-than-expected earnings report, analysts cutting their forecasts signals revised expectations that could influence how the company's outlook is viewed.

FAQ

Frequently asked questions about CIEN stock

What is the CIEN stock price forecast for 2026-2027?

The 20 Wall Street analysts covering Ciena Corp. have a median 12-month price target of $520, with estimates ranging from $325 to $660. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.

Is CIEN stock a buy right now?

Of the 20 analysts covering Ciena Corp., 14 rate it a Buy, 6 a Hold and 0 a Sell. Ticker Nerd's systematic factor model ranks Ciena Corp. 64 out of 100 across roughly 4,600 US stocks as at 5 Sept 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank CIEN?

As at 5 Sept 2026, Ciena Corp. ranks 64 out of 100 on Ticker Nerd's systematic factor model — a percentile across roughly 4,600 US stocks, built from its factor families. Its strongest factor family is Revisions (98 of 100).

Will CIEN stock go up?

No one can know that. What the data says: the median 12-month target from 20 analysts implies +62.0% from the last close, and Ticker Nerd's factor model ranks Ciena Corp. 64 out of 100 as at 5 Sept 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.

What is the CIEN stock forecast for 2030?

No analyst covering Ciena Corp. publishes a 2030 price target — Wall Street targets run 12 to 18 months out. Sites quoting a 2030 price for CIEN are extrapolating price history, which says nothing about the business. The furthest attributed numbers are the current analyst targets: $325 to $660 over the next 12 months.

How has CIEN stock performed over the past year?

Ciena Corp. returned +174.5% over the 12 months to 4 Sept 2026, with dividends reinvested. Past performance does not indicate future returns.

What does Ciena Corp. do?

Ciena Corporation is a network technology company that provides hardware, software, and services for communications networks. Ciena focuses on high-speed connectivity solutions that help operators transport, switch, automate, and manage voice, video, and data traffic across modern digital infrastructure.

What is the latest news on CIEN?

The most recent item we track (Zacks Investment Research, 4 Sept 2026): "Don't Overlook These 2 AI-Driven Tech Stocks After Earnings: CIEN, NTAP". Zacks Research highlights Ciena and NetApp following record earnings reports this week, suggesting investors shouldn't overlook these AI-driven tech stocks despite the attention given to mega-cap AI names.

Company

About Ciena Corp.

Ciena Corporation is a network technology company that provides hardware, software, and services for communications networks. Ciena focuses on high-speed connectivity solutions that help operators transport, switch, automate, and manage voice, video, and data traffic across modern digital infrastructure. Its portfolio includes optical networking systems, routing and switching platforms, automation software, and global support services designed to improve network capacity, service delivery, and operational efficiency. The company serves communications service providers, cloud and internet-platform operators, cable and broadband providers, governments, and enterprise customers. Ciena plays an important role in the broader telecommunications and networking market by enabling the high-bandwidth connectivity needed for data centers, cloud services, and carrier networks. Based in Hanover, Maryland, and founded in 1992, Ciena Corporation is recognized as a specialist in adaptive, software-driven networking solutions.

CEO Mr. Gary B. Smith · 8,898 employees · United States · https://www.ciena.com