Equites Radar

CIEN · Ciena Corporation

Communication EquipmentUnited StatesAnalyst view: Buy

$334.56

-1.02% last session

End-of-day data · close of 2026-09-10

Mildly bearish1 bullish · 3 bearish technical signals
Consensus: Buy (1.85 from 19 analysts)
To mean target: +50.7%

Market cap

$47B

Enterprise value

$48B

Trailing P/E

75.0

Forward P/E

28.9

Dividend yield

Beta

1.31

Avg volume

3M

Employees

9K

Daily Change %

-1.02%

5 Days Change

5.30%

10 Days Change

-11.70%

30 Days Change

-12.78%

60 Days Change

-26.64%

Month to Day Change

-6.20%

Year to Day Change

44.52%

Analyst Outlook

Consensus ratingBuy
Recommendation mean (1–5)1.85
Covering analysts19
Mean price target$504.13
Low price target$325.00
Upside to mean target+50.7%

Analyst estimates change daily — follow the shifts on the Estimate Trends page.

Technical Analysis

RSI (14)38.7
50-day MA$396.04
200-day MA$379.47
Price vs 50-day MA-15.5%
Price vs 200-day MA-11.8%
MACD histogram-4.85
Volume vs 3-month avg1.0×
52w low $129.8652w high $627.00

Analyst sentiment over time — CIEN

Rec Mean (blue, left — higher = more bullish) vs. price targets (right).

Investment Bank Ratings as of 2026-09-04

Latest call per bank · past 12 months

Morgan Stanley

Equal-Weight

$425

+27.0% vs price
▼ cut from $490Maintains · 2026-09-04

JP Morgan

Overweight

$605

+80.8% vs price
▼ cut from $635Maintains · 2026-09-04

UBS

Neutral

$394

+17.8% vs price
▼ cut from $508Maintains · 2026-09-04

Barclays

Overweight

$475

+42.0% vs price
▼ cut from $607Maintains · 2026-09-04

Bank of America

Buy

$660

+97.3% vs price
▲ raised from $550Maintains · 2026-05-26

Citigroup

Buy

$658

+96.7% vs price
▲ raised from $345Maintains · 2026-05-18

Recent rating actions

DateFirmActionRatingPrice target
2026-09-04B. Riley SecuritiesMaintainsNeutral$413 $347
2026-09-04Morgan StanleyMaintainsEqual-Weight$490 $425
2026-09-04JP MorganMaintainsOverweight$635 $605
2026-09-04UBSMaintainsNeutral$508 $394
2026-09-04TD CowenMaintainsBuy$575 $400
2026-09-04BarclaysMaintainsOverweight$607 $475
2026-09-04RosenblattMaintainsBuy$720 $525
2026-09-03NeedhamMaintainsBuy$600 $520

Ratings and price targets are the published opinions of the issuing banks, compiled from Yahoo Finance rating actions — not investment advice.

Signal Summary as of 2026-09-10

  • RSI (14): RSI is 39 — neutral momentum, neither overbought nor oversold.
  • Price vs 50-day MA: Trading 15.5% below the 50-day MA ($396.04).
  • Price vs 200-day MA: Trading 11.8% below the 200-day MA ($379.47).
  • MA cross: The 50-day MA sits above the 200-day MA (golden-cross regime) — the longer-term trend points up.
  • MACD (12,26,9): MACD histogram is negative (-4.85) — short-term momentum is fading.
  • 52-week range: Price sits between the 52-week low ($129.86) and high ($627.00).

CIEN Price Chart

Loading chart for CIEN

Fundamentals

Revenue (TTM)$6.0B
EBITDA$1.0B
Free cash flow$1.0B
Operating cash flow$1.0B
Book value / share$21.54
Net Debt / EBITDA0.6
WACC13.0%
Revenue growth37.00%
Earnings growth423.00%

About Ciena Corporation

Ciena Corporation, a network technology company, provides hardware, software, and services for various network operators in the Americas, Europe, the Middle East, Africa, the Asia Pacific, Japan, and India. It operates through Networking Platforms, Platform Software and Services, Blue Planet Automation Software and Services, and Global Services segments. The Networking Platforms segment consists optical networking, routing, and switching products and services. This segment products include the 6500 Packet-Optical Platform, Waveserver modular interconnect system, the 6500 Reconfigurable Line System, and coherent pluggable transceivers; and the 3000 family of service delivery platforms and the 5000 family of service aggregation, as well as the 8100 Coherent Routing platforms and virtualization software. The Platform Software and Services segment offers navigator network control suite; and software subscription services, consulting, network migration and integration, installation and upgrade support services, and technical support solutions. The Blue Planet Automation Software and Services segment inventory management, orchestration, route optimization and analysis, and unified assurance and analytics software; and sells subscription, installation, support, consulting, and design services related to the Blue Planet automation platform. The Global Services segment provides services for advisory and enablement, implementation, and maintenance, support, and learning activities. Ciena Corporation was incorporated in 1992 and is headquartered in Hanover, Maryland.

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Data is sourced from end-of-day snapshots and refreshed daily before the US market open — nothing on this page is real-time. Figures can contain vendor errors. This page is for information only and is not investment advice.