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Ciena Price Target & Analyst Ratings (NYSE:CIEN)

+0.96 (+2.29 %)
(As of 01/29/2020 01:07 AM ET)
Today's Range
Now: $42.93
50-Day Range
MA: $41.93
52-Week Range
Now: $42.93
Volume1.85 million shs
Average Volume1.62 million shs
Market Capitalization$6.61 billion
P/E Ratio26.83
Dividend YieldN/A

Analyst Ratings

Ciena (NYSE:CIEN) Price Target and Consensus Rating

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
23 Wall Street analysts have issued ratings and price targets for Ciena in the last 12 months. Their average twelve-month price target is $48.95, suggesting that the stock has a possible upside of 14.03%. The high price target for CIEN is $56.00 and the low price target for CIEN is $31.00. There are currently 1 sell rating, 4 hold ratings and 18 buy ratings for the stock, resulting in a consensus rating of "Buy."
Today30 Days Ago90 Days Ago180 Days Ago
Consensus Rating: BuyBuyBuyBuy
Consensus Rating Score: 2.742.702.672.52
Ratings Breakdown: 1 Sell Rating(s)
4 Hold Rating(s)
18 Buy Rating(s)
0 Strong Buy Rating(s)
1 Sell Rating(s)
5 Hold Rating(s)
17 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
8 Hold Rating(s)
16 Buy Rating(s)
0 Strong Buy Rating(s)
1 Sell Rating(s)
9 Hold Rating(s)
13 Buy Rating(s)
0 Strong Buy Rating(s)
Consensus Price Target: $48.95$48.82$48.64$46.86
Price Target Upside: 14.03% upside18.29% upside31.20% upside3.61% upside

Ciena (NYSE:CIEN) Consensus Price Target History

Average Share Price and Price Target by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Ciena (NYSE:CIEN) Analyst Ratings History

DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
1/8/2020Morgan StanleyUpgradeEqual Weight ➝ Overweight$47.00 ➝ $50.00High
12/13/2019Dougherty & CoBoost Price TargetBuy$40.00 ➝ $48.00Low
12/13/2019NomuraBoost Price TargetBuy$43.00 ➝ $47.00High
12/13/2019BarclaysBoost Price TargetNeutral ➝ Overweight$53.00 ➝ $56.00High
12/12/2019Piper Jaffray CompaniesUpgradeNeutral ➝ Overweight$46.00 ➝ $50.00High
12/12/2019Stifel NicolausReiterated RatingBuy$54.00High
12/12/2019Evercore ISIReiterated RatingBuy$48.00High
12/9/2019Needham & Company LLCReiterated RatingHoldLow
12/6/2019UBS GroupDowngradeNeutral ➝ Sell$43.00 ➝ $31.00Medium
12/2/2019CowenReiterated RatingBuy$54.00Low
10/25/2019B. RileySet Price TargetBuy$56.00N/A
9/18/2019MKM PartnersSet Price TargetBuy$51.00Low
9/6/2019JPMorgan Chase & Co.Lower Price TargetOverweight$53.00 ➝ $50.00N/A
8/29/2019Rosenblatt SecuritiesUpgradeNeutral ➝ Buy$45.00 ➝ $47.00Low
6/7/2019Raymond JamesBoost Price TargetOutperform$48.00 ➝ $53.00Low
6/7/2019Jefferies Financial GroupBoost Price TargetBuy$50.00 ➝ $55.00Low
6/7/2019Goldman Sachs GroupBoost Price TargetBuy$45.00 ➝ $53.00Low
6/7/2019CitigroupBoost Price TargetBuy$50.00 ➝ $55.00Low
6/5/2019Northland SecuritiesReiterated RatingBuy$42.00Low
3/6/2019Deutsche BankBoost Price TargetHold ➝ Hold$25.00 ➝ $32.00Low
3/6/2019ArgusReiterated RatingIn-Line ➝ Average$53.00Medium
3/6/2019BMO Capital MarketsBoost Price TargetOutperform ➝ Outperform$42.00 ➝ $50.00Medium
1/30/2019Bank of AmericaDowngradeBuy ➝ Neutral$42.00High
12/14/2018Loop CapitalDowngradeBuy ➝ HoldLow
8/31/2018William BlairReiterated RatingBuyMedium
(Data available from 1/29/2018 forward)
This page was last updated on 1/29/2020 by MarketBeat.com Staff

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