
Ciena (CIEN) Stock Forecast & Price Target
Ciena (CIEN) Analyst Ratings
Bulls say
Ciena's outlook reflects a strong earnings power projection, with anticipated FY27 earnings of approximately $7 per share, corresponding to a valuation of about 25 times earnings. The telecommunications sector is expected to undergo an accelerated recovery, leading to normalized growth in spending, particularly within the optical market, driven by favorable comparisons from previous periods. Moreover, while challenges in the AI market may exist, new product innovations are poised to potentially exceed revenue growth expectations, further enhancing Ciena's financial prospects.
Bears say
Ciena is facing a challenging outlook primarily due to unfavorable macroeconomic conditions that may lead to reduced revenue for global carriers and decreased capital expenditures for optical communications products. The company's suspension of multi-year guidance, while maintaining a 17% revenue growth expectation for FY25 and FY26, highlights the uncertainty posed by potential risks associated with accelerating AI traffic growth in data centers. Additionally, concerns regarding timely product updates may negatively impact Ciena's business performance and operational results, further contributing to the negative sentiment surrounding the stock.
This aggregate rating is based on analysts' research of Ciena and is not a guaranteed prediction by Public.com or investment advice.
Ciena (CIEN) Analyst Forecast & Price Prediction
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