Equites Radar

CIEN · Ciena Corporation

Communication EquipmentUnited StatesAnalyst view: Buy

$390.96

-7.09% last session

End-of-day data · updated 2026-07-28

Neutral2 bullish · 2 bearish technical signals
Consensus: Buy (2.00 from 19 analysts)
To mean target: +44.7%

Market cap

$53B

Enterprise value

$54B

Trailing P/E

125.3

Forward P/E

39.1

Dividend yield

Beta

1.27

Avg volume

3M

Employees

9K

2D change

5D change

-7.43%

10D change

0.76%

30D change

-21.32%

60D change

-34.98%

MTD change

-18.42%

YTD change

61.32%

Analyst Outlook

Consensus ratingBuy
Recommendation mean (1–5)2.00
Covering analysts19
Mean price target$565.71
Low price target$270.00
Upside to mean target+44.7%

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

Technical Analysis

RSI (14)33.1
50-day MA$474.34
200-day MA$348.28
Price vs 50-day MA-26.1%
Price vs 200-day MA+0.6%
MACD histogram-3.49
Volume vs 3-month avg1.5×
52w low $86.6452w high $627.00

Analyst sentiment over time — CIEN

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

Investment Bank Ratings as of 2026-06-23

Latest call per bank · past 12 months

UBS

Neutral

$508

+29.9% vs price
▲ raised from $285Maintains · 2026-06-05

Barclays

Overweight

$607

+55.3% vs price
▲ raised from $372Maintains · 2026-06-05

Morgan Stanley

Equal-Weight

$490

+25.3% vs price
▲ raised from $405Maintains · 2026-06-05

Bank of America

Buy

$660

+68.8% vs price
▲ raised from $550Maintains · 2026-05-26

Citigroup

Buy

$658

+68.3% vs price
▲ raised from $345Maintains · 2026-05-18

JP Morgan

Overweight

$550

+40.7% vs price
▲ raised from $380Maintains · 2026-04-16

Recent rating actions

DateFirmActionRatingPrice target
2026-06-23NeedhamReiteratesBuy$600
2026-06-05UBSMaintainsNeutral$285 $508
2026-06-05BarclaysMaintainsOverweight$372 $607
2026-06-05Morgan StanleyMaintainsEqual-Weight$405 $490
2026-06-05RosenblattMaintainsBuy$350 $720
2026-06-05NeedhamMaintainsBuy$470 $600
2026-06-04Raymond JamesMaintainsOutperform$320 $530
2026-06-02B. Riley SecuritiesMaintainsNeutral$283 $531

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 2026-07-28

  • RSI (14): RSI is 33 — neutral momentum, neither overbought nor oversold.
  • Price vs 50-day MA: Trading 26.1% below the 50-day MA ($474.34).
  • Price vs 200-day MA: Trading 0.6% above the 200-day MA ($348.28).
  • 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 (-3.49) — short-term momentum is fading.
  • 52-week range: Price sits between the 52-week low ($86.64) 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$20.43
Net debt / EBITDA0.5
WACC13.0%
Revenue growth40.00%
Earnings growth2383.00%

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.