
Ciena (CIEN) Stock Forecast & Price Target
Ciena (CIEN) Analyst Ratings
Bulls say
Ciena is expected to exceed fourth quarter fiscal 2025 revenue estimates, projecting a revenue growth between 18% and 20% year-over-year, driven largely by robust Cloud revenues that saw significant growth of 88% in fiscal 2025's second quarter and 92% in the third quarter. The company is positioned for sustained growth in the telecommunications sector, benefiting from investments made by cloud operators, gaining market share in a competitive landscape, and aligning its supply chain with low-risk vendors. Furthermore, Ciena's recent advancements in 400ZR coherent pluggables for short-reach data center interconnections, coupled with potential expansion among AI-focused Cloud customers, add multiple growth drivers that contribute to an optimistic financial outlook.
Bears say
Ciena is facing a negative outlook primarily due to unfavorable macroeconomic conditions, which are anticipated to lead to decreased revenue for global carriers and reduced capital expenditures on optical communications products. Additionally, the company has suspended multi-year guidance and maintained a cautious stance regarding future revenue growth, indicating potential challenges related to the impact of AI traffic growth and limitations within the Cloud industry. Ciena's performance may also be hampered if it does not timely update its product offerings, which could adversely affect its business results.
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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