CIENA CORP (CIEN)
US1717793095 - Common Stock
ChartMill assigns a Buy % Consensus number of 82% to CIEN. The Buy consensus is the weighted average rating of the current analysts ratings.
Analysts have set a mean price target forecast of 60.44. This target is 38.74% above the current price.
CIEN was analyzed by 21 analysts. The buy percentage consensus is at 82. So analysts seem to be very confident about CIEN.
In the previous month the buy percentage consensus was at a similar level.
CIEN was analyzed by 21 analysts, which is quite many. So the average rating should be quite meaningful.
Price Target & Forecast
| Date | Firm | Action | Rating |
|---|---|---|---|
| 2024-04-12 | Citigroup | Initiate | Sell |
| 2024-04-11 | Exane BNP Paribas | Initiate | Outperform |
| 2024-03-08 | Needham | Reiterate | Buy -> Buy |
| 2024-03-08 | Rosenblatt | Reiterate | Buy -> Buy |
| 2024-03-08 | Barclays | Maintains | Overweight -> Overweight |
| 2024-03-05 | JP Morgan | Maintains | Overweight -> Overweight |
| 2024-03-04 | Needham | Maintains | Buy -> Buy |
| 2024-02-23 | Evercore ISI Group | Maintains | Outperform -> Outperform |
| 2024-01-12 | Evercore ISI Group | Upgrade | In-Line -> Outperform |
| 2023-12-28 | Needham | Reiterate | Buy -> Buy |
| 2023-12-08 | Rosenblatt | Reiterate | Buy -> Buy |
| 2023-12-08 | B. Riley Securities | Maintains | Buy -> Buy |
| 2023-12-08 | Barclays | Maintains | Overweight -> Overweight |
| 2023-12-08 | Raymond James | Maintains | Strong Buy -> Strong Buy |
| 2023-11-28 | Needham | Reiterate | Buy -> Buy |
| 2023-11-28 | Rosenblatt | Reiterate | Buy -> Buy |
| 2023-09-28 | Stifel | Initiate | Buy |
| 2023-09-01 | UBS | Maintains | Neutral -> Neutral |
| 2023-09-01 | Needham | Maintains | Buy -> Buy |
| 2023-09-01 | Rosenblatt | Maintains | Buy -> Buy |
| 2023-09-01 | B. Riley Securities | Maintains | Buy -> Buy |
| 2023-09-01 | Barclays | Maintains | Overweight -> Overweight |
| 2023-09-01 | Evercore ISI Group | Maintains | In-Line -> In-Line |
| 2023-08-30 | Rosenblatt | Reiterate | Buy -> Buy |
| 2023-08-28 | Needham | Maintains | Buy -> Buy |
| 2023-08-22 | Evercore ISI Group | Maintains | In-Line -> In-Line |
| 2023-06-15 | Rosenblatt | Reiterate | Buy -> Buy |
| 2023-06-07 | UBS | Maintains | Neutral -> Neutral |
| 2023-06-07 | Needham | Maintains | Buy -> Buy |
| 2023-06-07 | Rosenblatt | Maintains | Buy -> Buy |