15-min delayed · Jul 28, 3:45 PM ET · Get real-time quotes →
The Quantellect read.Of the 15 firms covering Ciena Corp, 10 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 $675.00 (about 2.4x), a sign of real disagreement on valuation. The average target of $481.80 sits 37% above the current $350.53. The rating mix has held broadly steady over recent months. On the fundamentals, the Street sees consensus EPS building from about $1.81 next quarter toward $9.64 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS15 ratings
Moderate Buy
Strong Buy00%
Buy1067%
Hold533%
Sell00%
Strong Sell00%
Based on 15 analysts giving stock ratings to Ciena Corp.
As of Jul, 10 of 15 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
$1.81
Range $1.74 – $1.95 · 16 analysts · +99% YoY
Next period, 16 analysts expect Ciena Corp to earn $1.81 a share (range $1.74 – $1.95), versus $0.91 a year earlier. Full-year consensus is $6.54, growing to $9.64 the year after.
REVENUE · NEXT QUARTER
$1.7B
Range $1.7B – $1.8B · 16 analysts · +25% YoY
Revenue is expected to reach $1.7B (range $1.7B – $1.8B), +25.4% year-over-year. Full-year consensus is $6.3B, rising to $8.0B 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 #47
Buy
$635.00+81.2% to target
Overall win rate
50%
+ Follow
#2
Mike Genovese
Rosenblatt · Rank #120
Buy
$350.00-0.2% to target
Overall win rate
39%
+ Follow
#3
Ryan Koontz
Needham · Rank #151
Buy
$600.00+71.2% to target
Overall win rate
38%
+ Follow
#4
Meta Marshall
Morgan Stanley
Hold
$490.00+39.8% to target
Coverage
—
+ Follow
#5
Tal Liani
B of A Securities
Buy
$660.00+88.3% to target
Coverage
—
+ Follow
CIEN stock forecast FAQ
What is CIEN's average 12-month price target?+
The 15 analysts with a live target average $481.80 for Ciena Corp over the next 12 months, ranging from a $675.00 high to a $280.00 low.
Is CIEN stock a Buy, Sell or Hold right now?+
The current consensus is Moderate Buy. Of the 15 analyst ratings, 10 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 $675.00 (TD Cowen), and the Street-low is $280.00 (Argus Research). The average of all 15 active targets is $481.80.
How many Wall Street analysts cover CIEN?+
15 analysts have an active rating on Ciena Corp, and 15 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 #47). Their current call is Buy with a $635.00 target.
What is Ciena Corp's projected EPS for next quarter?+
The consensus estimate is $1.81 per share (range $1.74 – $1.95) across 16 analysts. Full-year EPS is projected at $6.54, rising to $9.64 the following year.
How much revenue is Ciena Corp expected to report next quarter?+
Consensus revenue is $1.7B (range $1.7B – $1.8B). Full-year revenue is projected at $6.3B, growing to $8.0B next year.
Have analysts been upgrading or downgrading CIEN lately?+
As of Jul, 10 of 15 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.