Ciena Corporation (CIEN)
$48.87
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 $58. This median of share price forecast represents a 18.68% upside from the latest price of $48.87 as on 23.05.24.
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 $58 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 23.05.24, the difference is -19.6%
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 Ago | 1M Ago | Current | |
| Buy | 10 | 9 | 9 |
| Outperform | 6 | 7 | 7 |
| 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 $58, offered by 22 analysts offering 12-month price forecasts.
Ciena Corporation (CIEN) has a maximum of 0.19 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 $48.87 as of 23/05/2024.
16 of total 22 analysts offering stock ratings for Ciena Corporation CIEN have recommended buy rating.
₹0 US Stocks a/c Opening Fee