The latest price target for Ciena (NYSE:CIEN) was reported by B of A Securities on September 5, 2024. The analyst firm set a price target for $59.00 expecting CIEN to rise to within 12 months (a possible 0.46% upside). 34 analyst firms have reported ratings in the last year.

The latest analyst rating for Ciena (NYSE:CIEN) was provided by B of A Securities, and Ciena downgraded their neutral rating.

The last upgrade for Ciena Corp happened on June 12, 2024 when Morgan Stanley raised their price target to $55. Morgan Stanley previously had an equal-weight for Ciena Corp.

The last downgrade for Ciena Corp happened on September 5, 2024 when B of A Securities changed their price target from N/A to $59 for Ciena Corp.

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Ciena, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Ciena was filed on September 5, 2024 so you should expect the next rating to be made available sometime around September 5, 2025.

While ratings are subjective and will change, the latest Ciena (CIEN) rating was a downgraded with a price target of $0.00 to $59.00. The current price Ciena (CIEN) is trading at is $58.73, which is within the analyst’s predicted range.