NYSE:CIEN - Ciena Price Target & Analyst Ratings

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$39.06 -0.98 (-2.45 %)
(As of 04/26/2019 08:21 AM ET)
Previous Close$40.04
Today's Range$38.66 - $39.95
52-Week Range$22.99 - $45.70
Volume2.16 million shs
Average Volume2.58 million shs
Market Capitalization$6.09 billion
P/E Ratio34.88
Dividend YieldN/A

Analyst Ratings

Ciena (NYSE:CIEN) Price Target and Consensus Rating

  (How are Consensus Ratings Calculated?)
23 Wall Street analysts have issued ratings and price targets for Ciena in the last 12 months. Their average twelve-month price target is $42.8571, suggesting that the stock has a possible upside of 9.72%. The high price target for CIEN is $53.00 and the low price target for CIEN is $32.00. There are currently 1 sell rating, 9 hold ratings and 13 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: 2.522.572.672.59
Ratings Breakdown: 1 Sell Rating(s)
9 Hold Rating(s)
13 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
10 Hold Rating(s)
13 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
7 Hold Rating(s)
14 Buy Rating(s)
0 Strong Buy Rating(s)
1 Sell Rating(s)
7 Hold Rating(s)
14 Buy Rating(s)
0 Strong Buy Rating(s)
Consensus Price Target: $42.8571$42.4762$36.9737$32.9048
Price Target Upside: 9.72% upside14.61% upside3.96% downside6.28% upside

Ciena (NYSE:CIEN) Consensus Price Target History

Price Target History for Ciena (NYSE:CIEN)

Ciena (NYSE:CIEN) Analyst Ratings History

DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
4/22/2019JPMorgan Chase & Co.DowngradeNeutral ➝ UnderweightLowView Rating Details
4/15/2019Northland SecuritiesUpgradeMarket Perform ➝ Outperform$42.00MediumView Rating Details
3/7/2019UBS GroupSet Price TargetHold$42.00LowView Rating Details
3/6/2019MKM PartnersBoost Price TargetBuy$49.00MediumView Rating Details
3/6/2019Dougherty & CoBoost Price TargetBuy ➝ Buy$40.00 ➝ $50.00MediumView Rating Details
3/6/2019Deutsche BankBoost Price TargetHold ➝ Hold$25.00 ➝ $32.00LowView Rating Details
3/6/2019B. RileyBoost Price TargetBuy ➝ Buy$42.20 ➝ $48.00LowView Rating Details
3/6/2019NomuraBoost Price TargetBuy ➝ Buy$40.00 ➝ $50.00MediumView Rating Details
3/6/2019ArgusReiterated RatingIn-Line ➝ Average$53.00MediumView Rating Details
3/6/2019CowenBoost Price TargetOutperform$39.00 ➝ $51.00MediumView Rating Details
3/6/2019CitigroupBoost Price TargetBuy$50.00MediumView Rating Details
3/6/2019BMO Capital MarketsBoost Price TargetOutperform ➝ Outperform$42.00 ➝ $50.00MediumView Rating Details
3/5/2019Piper Jaffray CompaniesBoost Price TargetNeutral$41.00MediumView Rating Details
1/30/2019Bank of AmericaDowngradeBuy ➝ Neutral$42.00HighView Rating Details
1/22/2019Jefferies Financial GroupBoost Price TargetBuy ➝ Buy$42.00 ➝ $45.00LowView Rating Details
12/16/2018Rosenblatt SecuritiesReiterated RatingHold$33.00HighView Rating Details
12/14/2018Raymond JamesBoost Price TargetOutperform ➝ Outperform$36.00 ➝ $41.00MediumView Rating Details
12/14/2018Loop CapitalDowngradeBuy ➝ HoldLowView Rating Details
11/20/2018Needham & Company LLCDowngradeBuy ➝ HoldHighView Rating Details
10/23/2018Stifel NicolausInitiated CoverageBuy$35.00LowView Rating Details
9/13/2018Morgan StanleyDowngradeOverweight ➝ Equal Weight$30.00 ➝ $32.00LowView Rating Details
8/31/2018William BlairReiterated RatingBuyMediumView Rating Details
6/21/2018Goldman Sachs GroupInitiated CoverageBuyMediumView Rating Details
6/3/2017InstinetReiterated RatingBuy$27.00 ➝ $30.00MediumView Rating Details
6/2/2017Wells Fargo & CoReiterated RatingOutperformLowView Rating Details
6/1/2017Drexel HamiltonUpgradeHold ➝ BuyMediumView Rating Details
(Data available from 4/26/2017 forward)
This page was last updated on 4/26/2019 by MarketBeat.com Staff

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