15-min delayed · Sep 8, 3:45 PM ET · Get real-time quotes →
The Quantellect read.Of the 16 firms covering Ciena Corp, 11 rate it Buy or better, 5 sit at Hold, and 0 rate it Sell or worse, a moderate buy consensus. Targets range widely, $280.00 to $720.00 (about 2.6x), a sign of real disagreement on valuation. The average target of $499.81 sits 47% above the current $340.52. The rating mix has held broadly steady over recent months. On the fundamentals, the Street sees consensus EPS building from about $2.36 next quarter toward $9.76 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS16 ratings
Moderate Buy
Strong Buy00%
Buy1169%
Hold531%
Sell00%
Strong Sell00%
Based on 16 analysts giving stock ratings to Ciena Corp.
As of Sep, 11 of 16 firms rate CIEN a Buy (5 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
CIEN EPS & revenue forecast
EPS · NEXT QUARTER
$2.36
Range $2.10 – $2.59 · 14 analysts · +75% YoY
Next period, 14 analysts expect Ciena Corp to earn $2.36 a share (range $2.10 – $2.59), versus $1.35 a year earlier. Full-year consensus is $7.18, growing to $9.76 the year after.
REVENUE · NEXT QUARTER
$1.8B
Range $1.8B – $1.9B · 14 analysts · +29% YoY
Revenue is expected to reach $1.8B (range $1.8B – $1.9B), +28.9% year-over-year. Full-year consensus is $6.4B, rising to $8.4B next year.
Top analysts covering Ciena Corp
Ranked by each analyst's overall Quantellect track record across all the stocks they cover, shown with their current call on CIEN.
#1
Samik Chatterjee
JP Morgan · Rank #59
Buy
$635.00+86.5% to target
Overall win rate
49%
+ Follow
#2
Mike Genovese
Rosenblatt · Rank #134
Buy
$720.00+111.4% to target
Overall win rate
39%
+ Follow
#3
Ryan Koontz
Needham · Rank #136
Buy
$520.00+52.7% to target
Overall win rate
39%
+ Follow
#4
Simon Leopold
Raymond James · Rank #320
Buy
$600.00+76.2% to target
Overall win rate
32%
+ Follow
#5
Meta Marshall
Morgan Stanley
Hold
$425.00+24.8% to target
Coverage
—
+ Follow
CIEN stock forecast FAQ
What is CIEN's average 12-month price target?+
The 16 analysts with a live target average $499.81 for Ciena Corp over the next 12 months, ranging from a $720.00 high to a $280.00 low.
Is CIEN stock a Buy, Sell or Hold right now?+
The current consensus is Moderate Buy. Of the 16 analyst ratings, 11 are Buy or Strong Buy, 5 are Hold, and 0 are Sell or Strong Sell.
What are the highest and lowest price targets for CIEN?+
The Street-high target is $720.00 (Rosenblatt), and the Street-low is $280.00 (Argus Research). The average of all 16 active targets is $499.81.
How many Wall Street analysts cover CIEN?+
16 analysts have an active rating on Ciena Corp, and 16 firms carry a live 12-month price target.
Who is the most accurate analyst covering CIEN?+
Among analysts who currently cover CIEN, Samik Chatterjee of JP Morgan has the strongest overall Quantellect track record (Rank #59). Their current call is Buy with a $635.00 target.
What is Ciena Corp's projected EPS for next quarter?+
The consensus estimate is $2.36 per share (range $2.10 – $2.59) across 14 analysts. Full-year EPS is projected at $7.18, rising to $9.76 the following year.
How much revenue is Ciena Corp expected to report next quarter?+
Consensus revenue is $1.8B (range $1.8B – $1.9B). Full-year revenue is projected at $6.4B, growing to $8.4B next year.
Have analysts been upgrading or downgrading CIEN lately?+
As of Sep, 11 of 16 firms rate CIEN a Buy (5 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
How are the analysts on this page ranked?+
By each analyst's overall Quantellect track record — a sample-adjusted measure of how accurate their calls have been across every stock they cover. We do not rank on their CIEN calls alone, since a single stock is too small a sample to be reliable.
Which data on this page is live, and how often does it update?+
Price and daily change are 15-minute delayed market data. Analyst ratings, targets, consensus and earnings estimates are aggregated from multiple data providers and refresh daily.
Disclaimer: Ratings, price targets, consensus and earnings estimates on this page describe third-party analyst research aggregated from multiple data providers and refreshed daily; price and daily change are 15-minute delayed. These are historical opinions, not recommendations, and nothing on this page, including The Quantellect read, is a rating, a price target, or investment advice from Quantellect. Always do your own research and consult a licensed financial advisor before making investment decisions.
