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NYSE: CIEN
CIENA CORP Stock Forecast, Predictions & Price Target

Analyst price target for CIEN

Based on 6 analysts offering 12 month price targets for CIENA CORP.
Min Forecast
$66.00+35.05%
Avg Forecast
$75.00+53.47%
Max Forecast
$88.00+80.07%

Should I buy or sell CIEN stock?

Based on 6 analysts offering ratings for CIENA CORP.
Buy
Strong Buy
2 analysts 33.33%
Buy
2 analysts 33.33%
Hold
2 analysts 33.33%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

CIEN stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Rosenblatt
Bottom 46%
46
Strong BuyMaintains$70.00+43.24%2022-05-23
Morgan Stanley
Top 5%
96
HoldMaintains$67.00+37.10%2022-04-12
UBS
Bottom 28%
28
HoldInitiates Coverage On$66.00+35.05%2022-04-05
Anonymous
Rosenblatt
Strong BuyInitiates Coverage On$80.00+63.70%2022-03-24
Raymond James
Bottom 8%
8
BuyMaintains$75.00+53.47%2022-03-08
Needham
Top 4%
97
BuyMaintains$88.00+80.07%2021-12-28
Barclays
Top 20%
81
Strong BuyMaintains$84.00+71.88%2021-12-10

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Forecast return on equity

Is CIEN forecast to generate an efficient return?
Company
19.24%
Industry
-26.98%
Market
38.98%
CIEN's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is CIEN forecast to generate an efficient return on assets?
Company
11.05%
Industry
12.79%
CIEN is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

CIEN earnings per share forecast

What is CIEN's earnings per share in the next 3 years based on estimates from 7 analysts?
Avg 1 year Forecast
$2.49-21.2%
Avg 2 year Forecast
$3.23+2.22%
Avg 3 year Forecast
$3.56+12.66%
CIEN's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

CIEN revenue forecast

What is CIEN's revenue in the next 3 years based on estimates from 6 analysts?
Avg 1 year Forecast
$4.1B+9.32%
Avg 2 year Forecast
$4.4B+18.84%
Avg 3 year Forecast
$4.7B+27.59%
CIEN's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

CIEN earnings growth forecast

How is CIEN forecast to perform vs Communication Equipment companies and vs the US market?
Company
1.1%
Industry
9.46%
Market
16.32%
CIEN's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
CIEN's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
CIEN's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

CIEN revenue growth forecast

How is CIEN forecast to perform vs Communication Equipment companies and vs the US market?
Company
8.92%
Industry
4.38%
Market
8.09%
CIEN's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
CIEN's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

CIEN vs Communication Equipment Stocks

TickerPricePrice TargetUp/downsideConsensus
CIEN$48.87$75.00+53.47%Buy
LITE$83.65$108.17+29.31%Strong Buy
JNPR$29.72$36.82+23.88%Buy
VIAV$14.17$19.00+34.09%Hold
VSAT$40.82$56.33+38.00%Buy

CIENA Stock Forecast FAQ

Is CIENA Stock a good buy in 2022, according to Wall Street analysts?

The consensus among 6 Wall Street analysts covering (NYSE: CIEN) stock is to Buy CIEN stock.

Out of 6 analysts, 2 (33.33%) are recommending CIEN as a Strong Buy, 2 (33.33%) are recommending CIEN as a Buy, 2 (33.33%) are recommending CIEN as a Hold, 0 (0%) are recommending CIEN as a Sell, and 0 (0%) are recommending CIEN as a Strong Sell.

What is CIEN's earnings growth forecast for 2022-2024?

(NYSE: CIEN) CIENA's forecast annual earnings growth rate of 1.1% is not forecast to beat the US Communication Equipment industry's average forecast earnings growth rate of 9.46%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 16.32%.

CIENA's earnings in 2022 is $490,671,000.On average, 7 Wall Street analysts forecast CIEN's earnings for 2022 to be $378,794,838, with the lowest CIEN earnings forecast at $360,539,665, and the highest CIEN earnings forecast at $415,305,184. On average, 6 Wall Street analysts forecast CIEN's earnings for 2023 to be $491,368,404, with the lowest CIEN earnings forecast at $460,943,116, and the highest CIEN earnings forecast at $527,878,750.

In 2024, CIEN is forecast to generate $541,570,130 in earnings, with the lowest earnings forecast at $541,570,130 and the highest earnings forecast at $541,570,130.

What is CIEN's revenue growth forecast for 2022-2024?

(NYSE: CIEN) CIENA's forecast annual revenue growth rate of 8.92% is forecast to beat the US Communication Equipment industry's average forecast revenue growth rate of 4.38%, and and it is also forecast to beat the US market's average forecast revenue growth rate of 8.09%.

CIENA's revenue in 2022 is $3,707,997,000.On average, 6 Wall Street analysts forecast CIEN's revenue for 2022 to be $616,679,669,801, with the lowest CIEN revenue forecast at $611,700,419,261, and the highest CIEN revenue forecast at $621,591,680,455. On average, 5 Wall Street analysts forecast CIEN's revenue for 2023 to be $670,367,981,233, with the lowest CIEN revenue forecast at $663,088,731,031, and the highest CIEN revenue forecast at $679,016,369,404.

In 2024, CIEN is forecast to generate $719,726,926,280 in revenue, with the lowest revenue forecast at $713,549,071,511 and the highest revenue forecast at $725,904,781,049.

What is CIEN's forecast return on assets (ROA) for 2022-2024?

(NYSE: CIEN) forecast ROA is 11.05%, which is lower than the forecast US Communication Equipment industry average of 12.79%.

What is CIEN's Price Target?

According to 6 Wall Street analysts that have issued a 1 year CIEN price target, the average CIEN price target is $75.00, with the highest CIEN stock price forecast at $88.00 and the lowest CIEN stock price forecast at $66.00.

On average, Wall Street analysts predict that CIENA's share price could reach $75.00 by May 23, 2023. The average CIENA stock price prediction forecasts a potential upside of 53.47% from the current CIEN share price of $48.87.

What is CIEN's Earnings Per Share (EPS) forecast for 2022-2024?

(NYSE: CIEN) CIENA's current Earnings Per Share (EPS) is $3.16. On average, analysts forecast that CIEN's EPS will be $2.49 for 2022, with the lowest EPS forecast at $2.37, and the highest EPS forecast at $2.73. On average, analysts forecast that CIEN's EPS will be $3.23 for 2023, with the lowest EPS forecast at $3.03, and the highest EPS forecast at $3.47. In 2024, CIEN's EPS is forecast to hit $3.56 (min: $3.56, max: $3.56).

What is CIEN's forecast return on equity (ROE) for 2022-2024?

(NYSE: CIEN) forecast ROE is 19.24%, which is considered weak.
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