
Ciena (CIEN) Stock Forecast & Price Target
Ciena (CIEN) Analyst Ratings
Bulls say
Ciena demonstrated strong financial performance with an operating margin of 13.2%, reflecting an increase of 240 basis points quarter-over-quarter and 310 basis points year-over-year, surpassing projections despite rising incentive compensation. The company's backlog grew significantly to approximately $5 billion at the end of FY25, up from $2.1 billion at the end of FY24, indicating a robust demand for its products and services. Additionally, Ciena's total revenue reached $1.35 billion in 4Q25, representing an 11% sequential increase and a 20% year-over-year growth, driven by heightened demand for its optical products and routers, which collectively enhance the positive outlook for the company.
Bears say
Ciena is forecasting a decrease in gross margins to 42-44% and operational margins of 15-16% for the upcoming fiscal year, which reflects a decline in profitability compared to earlier expectations. The company reported a slight decrease in cash and cash equivalents, indicating potential liquidity concerns, while also facing headwinds due to unfavorable macroeconomic conditions that could lead to decreased revenues for global carriers and reduced capital expenditures for optical communications products. Additionally, rising input costs and new product ramp challenges are expected to further pressure margins in the near term, contributing to an overall negative outlook for 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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