CIENTechnology · Communication EquipmentThe 21 Wall Street analysts covering Ciena Corp. hold a median 12-month price target of $537 — +97.3% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 63 of 100 as at 9 Nov 2026 — in the upper half.
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.
Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested
Revisions (99): Analysts have, on balance, been raising their forecasts.
Volatility (9): 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 systematic trader with 15+ years in markets.
The bullish and bearish analyst opinions on CIEN, reported as data — targets and ratings, the market's view beside the model's.
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
The green dot is the last close — the median target sits +97.3% from it.
Of the 20 most recent actions, 3 moved their price target up and 4 moved it down.
| Date | Firm | Action | Rating | Target |
|---|---|---|---|---|
| 30 Sept 2026 | Bernstein | Initiates | Outperform | $440 |
| 21 Sept 2026 | Evercore ISI Group | Upgrade | Outperform | — |
| 21 Sept 2026 | Evercore ISI Group | Upgrade | Outperform | $375 → $550 |
| 17 Sept 2026 | Barclays | Maintains | Overweight | — |
| 17 Sept 2026 | Barclays | Maintains | Overweight | $475 → $548 |
| 17 Sept 2026 | Morgan Stanley | Maintains | Equal-Weight | — |
| 17 Sept 2026 | Morgan Stanley | Maintains | Equal-Weight | $425 → $450 |
| 17 Sept 2026 | Needham | Reiterates | Buy | $520 |
| 17 Sept 2026 | Needham | Reiterates | Buy | — |
| 17 Sept 2026 | Rosenblatt | Maintains | Buy | — |
| 17 Sept 2026 | Rosenblatt | Maintains | Buy | $525 |
| 4 Sept 2026 | B. Riley Securities | Maintains | Neutral | — |
| 4 Sept 2026 | B. Riley Securities | Maintains | Neutral | $413 → $347 |
| 4 Sept 2026 | Barclays | Maintains | Overweight | $607 → $475 |
| 4 Sept 2026 | Barclays | Maintains | Overweight | — |
| 4 Sept 2026 | JP Morgan | Maintains | Overweight | — |
| 4 Sept 2026 | JP Morgan | Maintains | Overweight | $635 → $605 |
| 4 Sept 2026 | Morgan Stanley | Maintains | Equal-Weight | — |
| 4 Sept 2026 | Morgan Stanley | Maintains | Equal-Weight | $490 → $425 |
| 4 Sept 2026 | Rosenblatt | Maintains | Buy | — |
Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.
CIEN appears in the Radar on the weeks it earns a place.
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AI chips
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Data centre power
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Both lines are total return — dividends reinvested — so the comparison is honest on both sides.
Over the twelve months to 10 Nov 2026, Ciena Corp. returned +30.3% against +11.6% for the S&P 500, dividends included.
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Data provided by Twelve Data
Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.
A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.
Cheaper than 11% of US stocks
Cheaper than 19% of US stocks
Cheaper than 7% of US stocks
Cheaper than 6% of US stocks
Higher than 81% of US stocks
Higher than 95% of US stocks
Higher than 56% of US stocks
Higher than 76% of US stocks
Higher than 71% of US stocks
Higher than 83% of US stocks
Higher than 87% of US stocks
Higher than 1% of US dividend payers
Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.
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 $38.2B and an enterprise value of $38.8B.
Revenue in the twelve months to 31 July 2026: $6.0B. The latest quarter grew 37.0% year on year.
Net income over the same four quarters: $654.4M, a 10.9% net margin.
Diluted earnings per share, trailing twelve months: $4.48.
Free cash flow in the twelve months to 31 July 2026: $814.4M.
Ciena Corp. spent $732.0M on share buybacks in the twelve months to 31 July 2026.
Trailing P/E: 60.3×; forward P/E: 22.7× — the forward figure prices analyst consensus estimates, not reported earnings.
Forward dividend yield: 0.00%, paying out 0% of earnings.
Ciena Corp. employs 8,898 people — $677K of revenue per employee.
Data provided by Twelve Data
The nearest names by industry and size, scored by the same model — like for like.
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 →
Ciena expects at least 30% revenue growth in fiscal 2027, citing demand for AI infrastructure, surging optical networking orders and an expanding backlog.
Why it matters — The outlook and cited demand drivers are relevant to CIEN watchers assessing the company’s growth expectations.
A Wall Street downgrade and a broad retreat from AI infrastructure stocks weighed on networking shares. Cisco recently traded at $96.13, down 7%, while the headline reports Ciena fell 15% and Arista Networks fell 10%.
Why it matters — The reported decline in Ciena alongside weakness across networking stocks is relevant to investors following CIEN.
Ciena shares rose 55.5% over the past year, attributed in the excerpt to AI-driven optical networking demand and strong growth prospects.
Why it matters — The reported share gain and demand drivers are relevant context for investors following CIEN.
Ciena is navigating uncertainty around the artificial intelligence boom with a patient mindset that helped it endure the telecom bust.
Why it matters — The approach offers context on how Ciena is responding to uncertainty in a major technology shift.
A WSJ article profiles Ciena CEO Gary Smith as he navigates the AI boom, describing him as “suitably paranoid” but optimistic.
Why it matters — The item offers CIEN watchers a view of how the company’s CEO is approaching the AI boom.
The 21 Wall Street analysts covering Ciena Corp. have a median 12-month price target of $537, with estimates ranging from $347 to $660. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.
Of the 21 analysts covering Ciena Corp., 17 rate it a Buy, 4 a Hold and 0 a Sell. Ticker Nerd's systematic factor model ranks Ciena Corp. 63 out of 100 across roughly 4,600 US stocks as at 9 Nov 2026. None of this is personal advice — it does not consider your circumstances.
As at 9 Nov 2026, Ciena Corp. ranks 63 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 (99 of 100).
No one can know that. What the data says: the median 12-month target from 21 analysts implies +97.3% from the last close, and Ticker Nerd's factor model ranks Ciena Corp. 63 out of 100 as at 9 Nov 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.
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: $347 to $660 over the next 12 months.
Ciena Corp. returned +30.3% over the 12 months to 10 Nov 2026, with dividends reinvested. Past performance does not indicate future returns.
Ciena Corp. is a network technology company that provides hardware, software, and services used to build and manage high-capacity communications networks.
The most recent item we track (Zacks Investment Research, 6 Nov 2026): "Ciena Eyes 30% Revenue Growth in FY27: Can Strong Demand Sustain It?". Ciena expects at least 30% revenue growth in fiscal 2027, citing demand for AI infrastructure, surging optical networking orders and an expanding backlog.
Ciena Corp. is a network technology company that provides hardware, software, and services used to build and manage high-capacity communications networks. Ciena Corp. serves telecom operators, cloud providers, enterprises, and data center operators with optical networking, routing, switching, and automation tools that support long-distance connectivity and network performance. Its product and service portfolio is organized around Networking Platforms, Platform Software and Services, Blue Planet Automation Software and Services, and Global Services. These offerings help customers manage bandwidth demand, simplify network operations, and improve service delivery across metro, long-haul, submarine, and data center interconnect environments. Ciena Corp. is widely recognized for its role in enabling modern digital infrastructure through advanced networking systems, software-driven control, and ongoing technical support.
CEO Mr. Gary B. Smith · 8,898 employees · United States · https://www.ciena.com
