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Ciena Corporation (CIEN)

$47.16

Ciena Corporation (CIEN) Share Price Forecast
Currently 22 wall-street analysts regularly analyze the financials of Ciena Corporation on a frequent basis to provide recommendations along with target share price. 22 analysts offering 12-month price forecasts for Ciena Corporation (CIEN) have a share price target of $59.27. This median of share price forecast represents a 25.68% upside from the latest price of $47.16 as on 04.10.23.

Ciena Corporation (CIEN) Price vs Consensus Price Target

Price
Target Price
As per the chart shown above, analysts believe that the Ciena Corporation (CIEN) share price will touch around $59.27 in next 12-months.
Ciena Corporation (CIEN) Share Price Forecast v/s Share Price Today
Below is a chart showing the percentage difference between Ciena Corporation's share price and its median forecast price. As on 04.10.23, the difference is -18.22%

Ciena Corporation (CIEN): Difference between Current Price & Median Forecasted Price

Difference in Percentage terms
Ciena Corporation (CIEN) Share Price : Analyst Recommendation
Based on 22 analysts tracking and researching Ciena Corporation (CIEN) share have buy recommendation on an average.

3M Ago1M AgoCurrent
Buy
10
9
10
Outperform
7
7
6
Hold
6
6
6
Underperform
0
0
0
Sell
0
0
0
Ciena Corporation (CIEN) Share Price Technical Analysis

50 Day Moving Average v/s Current Share Price

Moving Average
Price

200 Day Moving Average v/s Current Share Price

Moving Average
Price

FAQs

The latest share price target for Ciena Corporation (CIEN) is $59.27, offered by 22 analysts offering 12-month price forecasts.

Ciena Corporation (CIEN) has a maximum of 0.26 upside potential, based on 22 analysts offering 12-month price forecasts.

Based on 22 analysts tracking and researching Ciena Corporation (CIEN), 72.73% have a buy recommendation. Remaining 27.27% have either sell or hold recommendations.

The latest share price of Ciena Corporation (CIEN) is $47.16 as of 04/10/2023.

16 of total 22 analysts offering stock ratings for Ciena Corporation CIEN have recommended buy rating.