
Ciena (CIEN) Stock Forecast & Price Target
Ciena (CIEN) Analyst Ratings
Bulls say
Ciena has demonstrated robust financial performance, highlighted by an operating margin of 13.2%, reflecting a significant improvement of 240 basis points quarter-over-quarter and 310 basis points year-over-year, surpassing estimates amidst increased incentive compensation. The company exited fiscal year 2025 with a substantial backlog of approximately $5 billion, a considerable increase from $2.1 billion at the end of fiscal year 2024, indicating strong future revenue potential. Additionally, total revenue reached $1.35 billion, representing an 11% growth quarter-over-quarter and a 20% increase year-over-year, driven by high demand for RLS optical products and routers and switches, suggesting a positive momentum going into the next fiscal period.
Bears say
The financial outlook for Ciena appears negative due to several key factors, including expected flat operating expenses and a projected decline in gross margins, which could lead to operating margins of only 15-16%. Additionally, the company reports a decrease in cash and cash equivalents over the prior quarter, despite a year-over-year increase, indicating potential liquidity concerns. Moreover, an anticipated downturn in macroeconomic conditions could result in reduced revenue from global carriers and capital expenditure cuts, which may further pressure Ciena's financial performance.
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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