Ciena Corporation (CIEN) Social Stream



Ciena Corporation (CIEN): $66.48

0.62 (-0.92%)

POWR Rating

Component Grades

Momentum

C

Stability

C

Sentiment

Quality

C

CIENA CORP (CIEN) Price Targets From Analysts

The tables below show price targets and recommendations from analysts covering CIENA CORP.

Date Number of Analysts Highest Target Price Lowest Target Price Average Target Price Current Price Upside Potential
2021-10-18 8 $75 $50 $62.916 $46.43 35.51%
2021-12-06 8 $75 $50 $63.333 $46.43 36.41%
2021-12-10 11 $85 $50 $70.333 $46.43 51.48%
2021-12-13 11 $88 $50 $75.25 $46.43 62.07%
2021-12-19 11 $88 $50 $75.5 $46.43 62.61%
2022-01-03 11 $88 $50 $76.166 $46.43 64.04%
2022-01-20 12 $91 $50 $77.25 $46.43 66.38%
2022-02-16 12 $91 $50 $78 $46.43 67.99%
2022-03-08 12 $95 $53 $80.416 $46.43 73.2%
2022-03-16 12 $96 $53 $80.5 $46.43 73.38%
2022-03-30 14 $96 $53 $80.461 $46.43 73.3%
2022-04-05 14 $96 $53 $79.428 $46.43 71.07%
2022-04-12 14 $96 $53 $78.928 $46.43 69.99%
2022-04-18 14 $96 $53 $78.571 $46.43 69.22%
2022-05-11 13 $96 $53 $76.846 $46.43 65.51%
2022-05-25 13 $96 $53 $76.615 $46.43 65.01%
2022-06-02 14 $96 $53 $76.615 $46.43 65.01%
2022-06-03 15 $96 $51 $71.071 $46.43 53.07%
2022-06-07 15 $88 $51 $69.857 $46.43 50.46%
2022-06-14 15 $88 $51 $69.285 $46.43 49.22%
2022-07-14 15 $88 $51 $68.571 $46.43 47.69%
2022-08-05 16 $88 $51 $68.133 $46.43 46.74%
2022-08-29 16 $88 $51 $68.733 $46.43 48.04%
2022-09-02 16 $88 $51 $67.733 $46.43 45.88%
2022-09-06 16 $84 $45 $61.733 $46.43 32.96%
2022-09-17 16 $84 $45 $60.6 $46.43 30.52%
2022-10-11 17 $84 $45 $59.687 $46.43 28.55%
2022-12-02 17 $84 $40 $59.625 $46.43 28.42%
2022-12-09 17 $84 $40 $60.437 $46.43 30.17%
2022-12-12 17 $76 $45 $61.562 $46.43 32.59%
2022-12-14 17 $76 $45 $62.187 $46.43 33.94%
2023-01-12 17 $76 $45 $62.187 $46.43 33.94%
2023-03-07 17 $76 $45 $62.5 $46.43 34.61%
2023-03-09 17 $86 $45 $63.625 $46.43 37.03%
2023-03-28 17 $86 $45 $64.375 $46.43 38.65%
2023-04-14 17 $86 $45 $64.375 $46.43 38.65%
2023-04-19 16 $74 $45 $63 $46.43 35.69%
2023-05-16 15 $74 $45 $62.857 $46.43 35.38%
2023-06-06 12 $74 $45 $63.769 $46.43 37.34%
2023-06-07 12 $71 $41 $58.357 $46.43 25.69%
2023-06-16 12 $71 $41 $58.142 $46.43 25.23%
2023-07-19 12 $71 $41 $57.071 $46.43 22.92%
2023-08-22 12 $71 $41 $57.142 $46.43 23.07%
2023-08-31 12 $71 $41 $56.428 $46.43 21.53%
2023-09-01 12 $71 $46 $59.107 $46.43 27.3%
2023-12-07 13 $71 $46 $59.7 $46.43 28.58%
2023-12-08 13 $71 $46 $59.178 $46.43 27.46%
2023-12-11 13 $71 $42.5 $59 $46.43 27.07%

The Trend in the Analyst Price Target


CIEN's average price target has moved down $2.06 over the prior 43 months.

CIEN reports an average of 31.95% for its upside potential over the past 48 weeks.

Date Number of Analysts Highest Target Price Lowest Target Price Average Target Price Share Price Upside Potential
2023-03-02 17 76 45.0 62.500 48.81 28.05%
2023-04-19 16 74 45.0 62.857 47.01 33.71%
2023-04-19 17 86 45.0 64.437 47.01 37.07%
2023-11-28 13 71 46.0 59.700 45.22 32.02%
2023-12-11 13 71 42.5 59.000 44.95 31.26%

CIEN Broker Recommendations Summary

Average Broker Rating Strong Buy Buy Hold Sell Strong Sell Analysts Issuing Recs
1.69 8 1 4 0 0 13

The Trend in the Broker Recommendations


Over the past 45 months, CIEN's average broker recommendation rating worsened by 0.44.

The points below can provide you with additional insight regarding what the price target and recommendations metrics in the table above mean for investors.

  • In the context of all US stocks, CIENA CORP's number of analysts covering the stock is greater than 4436.35% of them.
  • In terms of how CIENA CORP fares relative to all US stocks, note that its upside potential (average analyst target price relative to current price) is greater than 3980.37% of that group.
  • To contextualize these metrics, consider that out of stocks in the large market cap category, CIENA CORP's variance in analysts' estimates is lower than -3764.07% of them.
  • In terms of how CIENA CORP fares relative to stocks in the large market cap category, note that its average analyst price target is greater than 2539.74% of that group.

Stocks similar to CIENA CORP in the Electronic Equipment industry regarding analyst recommendations and price targets are VRT, ASX, and JKS.

Is CIEN a Buy, Hold or Sell? See the POWR Ratings now!


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