CIEN Stock: Price, Forecast, Financials & AI Analysis

High

Open

VWAP

Vol

Mkt Cap

Low

Amount

EV/EBITDA(TTM)

Total Shares

EV/OCF(TTM)

P/S(TTM)

Market Estimates

Earnings Estimates

Revenue

YoY Chg

EPS

YoYChg

FY2026Q1

FY2026Q2

FY2026Q3

1.40B

+30.22%

1.161

+81.34%

1.44B

+27.65%

1.202

+186.24%

1.51B

+23.87%

1.374

+105.1%

Estimates Revision

The market is revising Upward the revenue expectations for Ciena Corporation (CIEN) for FY2026, with the revenue forecasts being adjusted by 8.05% over the past three months. During the same period, the stock price has changed by 57.24%.

Revenue Estimates for FY2026

Revise Upward

+8.05%

In Past 3 Month

EPS Estimates for FY2026

Revise Upward

+22.91%

In Past 3 Month

Stock Price

Go Up

+57.24%

In Past 3 Month

16 Analyst Rating

Wall Street analysts forecast CIEN stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for CIEN is 151.53 USD with a low forecast of 100.00 USD and a high forecast of 230.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

10 Buy

5 Hold

1 Sell

Moderate Buy

Current: 216.180

Low

100.00

Averages

151.53

High

230.00

Current: 216.180

Low

100.00

Averages

151.53

High

230.00

Northland

Outperform -> Market Perform

downgrade

$190

2025-12-12

New

Reason

Northland

Price Target

$190

2025-12-12

New

downgrade

Outperform -> Market Perform

Reason

Northland downgraded Ciena to Market Perform from Outperform with a $190 price target. At the current valuation, and with Q1 capacity limited as the company termed itself "sold out," the firm sees FY26 guidance and upside drivers like new scale wins "fully factored" into the shares, the analyst tells investors.

JPMorgan

Samik Chatterjee

maintain

$215 -> $250

2025-12-12

New

Reason

JPMorgan

Samik Chatterjee

Price Target

$215 -> $250

2025-12-12

New

maintain

Reason

JPMorgan analyst Samik Chatterjee raised the firm's price target on Ciena to $250 from $215 and keeps an Overweight rating on the shares following the fiscal Q4 report.

Morgan Stanley

Meta Marshall

Equal Weight

maintain

$185 -> $195

2025-12-12

New

Reason

Morgan Stanley

Meta Marshall

Price Target

$185 -> $195

2025-12-12

New

maintain

Equal Weight

Reason

Morgan Stanley analyst Meta Marshall raised the firm's price target on Ciena to $195 from $185 and keeps an Equal Weight rating on the shares. The outlook offered was stronger than expected as company sees the ability to capitalize on its technology lead to capture incremental scale-across and DCOM opportunities, says the analyst, who views the current valuation as "full" despite estimates continuing to go up and momentum staying positive.

UBS

David Vogt

Neutral

maintain

$120 -> $230

2025-12-12

New

Reason

UBS

David Vogt

Price Target

$120 -> $230

2025-12-12

New

maintain

Neutral

Reason

UBS analyst David Vogt raised the firm's price target on Ciena to $230 from $120 and keeps a Neutral rating on the shares. The firm updated its model following the Q4 earnings report.

B. Riley

Neutral

maintain

$113 -> $222

2025-12-12

New

Reason

B. Riley

Price Target

$113 -> $222

2025-12-12

New

maintain

Neutral

Reason

B. Riley raised the firm's price target on Ciena to $222 from $113 and keeps a Neutral rating on the shares. Ciena beat Q4 revenue and EPS estimates, driven by strong Optical Networking and Cloud growth, and provided FY26 guidance above consensus, the analyst tells investors in a research note. While demand remains robust and a $5B backlog provides visibility, current valuation multiples are well above historical norms and are expected to eventually revert, the firm says.

Argus

NULL -> Buy

maintain

$135 -> $280

2025-12-12

New

Reason

Argus

Price Target

$135 -> $280

2025-12-12

New

maintain

NULL -> Buy

Reason

Argus raised the firm's price target on Ciena to $280 from $135 and keeps a Buy rating on the shares after its strong Q4 results. Ciena's rapidly expanding AI networking opportunity has led to surging orders, new markets and new customers, and while the company's investment in growth is pressuring margin in the near term, volumes should offset that negative in the coming quarters, the analyst tells investors in a research note. Ciena is also seeing further demand momentum from telco customers due to years of under-investment and as AI-use cases impact traditional networks, the firm added.

Valuation Metrics

The current forward P/E ratio for Ciena Corp (CIEN.N) is 40.56, compared to its 5-year average forward P/E of 24.42. For a more detailed relative valuation and DCF analysis to assess Ciena Corp 's fair value, click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

5Y Average PE

24.42

Current PE

40.56

Overvalued PE

33.24

Undervalued PE

15.60

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

N/A

5Y Average EV/EBITDA

14.39

Current EV/EBITDA

0.00

Overvalued EV/EBITDA

19.08

Undervalued EV/EBITDA

9.69

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

N/A

5Y Average PS

2.16

Current PS

0.00

Overvalued PS

2.86

Undervalued PS

1.47

Financials

Annual

Quarterly

N/A

Total Revenue

N/A

Operating Profit

N/A

Net Income after Tax

N/A

EPS - Diluted

N/A

Free Cash Flow

N/A

Gross Profit Margin - %

N/A

FCF Margin - %

N/A

Net Margin - %

N/A

ROIC

Trading Trends

Insider

Insiders are Neutral. There are no significant trading trends over the last month.

Sold

Bought

Hedge Fund

Hedge Funds are Neutral. There are no significant trading trends over the last quarter.

Sold

Bought

Congress Trading

Congress are Neutral. There are no significant trading trends over the last month.

Sold

Bought

Insider

Insiders are Neutral. There are no significant trading trends over the last month.

Sold

Bought

CIEN News & Events

Events Timeline

No data

News

4.5

12-13NASDAQ.COM

Stocks Decline as Chip Shares Fall and Bond Yields Rise

4.5

12-12NASDAQ.COM

Stocks Decline Due to Weakness in Tech Shares and Rising Bond Yields

6.5

12-12Benzinga

Analyst: Ciena's AI Expansion Is Only Beginning

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Frequently Asked Questions

What is Ciena Corp (CIEN) stock price today?

The current price of CIEN is 216.18 USD — it has decreased -1.03 % in the last trading day.

What is Ciena Corp (CIEN)'s business?

Ciena Corporation is a network system, software, and services company which provides hardware, software, and services to a range of network operators and enables enhanced network capacity, service delivery, and automation. Its segments include Networking Platforms, Platform Software and Services, Blue Planet Automation Software and Services, and Global Services. Networking Platforms segment consists of Optical Networking and Routing and Switching portfolios. Platform Software and Services which provides domain control management, analytics, data and planning tools and applications to assist customers in managing their networks. Blue Planet Automation Software and Services includes inventory management (BPI), multi-domain service orchestration, multi-cloud orchestration, route optimization and analysis (ROA), and unified assurance and analytics (UAA). Global Services segment offers a suite of value-added services that help its customers to build, operate and improve their networks.

What is the price predicton of CIEN Stock?

What is Ciena Corp (CIEN)'s revenue for the last quarter?

Ciena Corp revenue for the last quarter amounts to 1.35B USD, increased 20.27 % YoY.

What is Ciena Corp (CIEN)'s earnings per share (EPS) for the last quarter?

Ciena Corp. EPS for the last quarter amounts to 0.13 USD, decreased -48.00 % YoY.

What changes have occurred in the market's expectations for Ciena Corp (CIEN)'s fundamentals?

How many employees does Ciena Corp (CIEN). have?

Ciena Corp (CIEN) has 8898 emplpoyees as of December 16 2025.

What is Ciena Corp (CIEN) market cap?

Today CIEN has the market capitalization of 30.45B USD.