CIENA Corp [CIEN] stock prices are down -0.41% to $65.63 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The CIEN shares have gain 5.33% over the last week, with a monthly amount drifted -24.61%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
CIENA Corp [NYSE: CIEN] stock has seen the most recent analyst activity on March 12, 2025, when Northland Capital upgraded its rating to a Outperform but kept the price target unchanged to $75 for it. Previously, JP Morgan upgraded its rating to Overweight on January 28, 2025, and elevated its price target to $88. On December 13, 2024, upgrade upgraded it’s rating to Buy and revised its price target to $95 on the stock. Morgan Stanley downgraded its rating to a Equal-Weight but stick to its price target of $63 on October 28, 2024. Evercore ISI downgraded its rating to a In-line but $65 remained the price target by the analyst firm on October 15, 2024. Exane BNP Paribas downgraded its rating to Neutral for this stock on October 09, 2024, and upped its price target to $67. In a note dated October 07, 2024, JP Morgan downgraded an Neutral rating on this stock but restated the target price of $65.
The stock price of CIENA Corp [CIEN] has been fluctuating between $43.30 and $101.44 over the past year. Currently, Wall Street analysts expect the stock to reach $81.43 within the next 12 months. CIENA Corp [NYSE: CIEN] shares were valued at $65.63 at the most recent close of the market. An investor can expect a potential return of 24.07% based on the average CIEN price forecast.
Analyzing the CIEN fundamentals
The CIENA Corp [NYSE:CIEN] reported sales of 4.05B for trailing twelve months, representing a surge of 3.33%. Gross Profit Margin for this corporation currently stands at 0.42% with Operating Profit Margin at 0.04%, Pretax Profit Margin comes in at 0.03%, and Net Profit Margin reading is 0.02%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.03 and Total Capital is 0.04. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.08.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 64.83 points at the first support level, and at 64.03 for the second support level. However, for the 1st resistance point, the stock is sitting at 66.59, and for the 2nd resistance point, it is at 67.55.
Ratios To Look Out For
It’s worth pointing out that CIENA Corp [NYSE:CIEN]’s Current Ratio is 3.65. As well, the Quick Ratio is 2.77, while the Cash Ratio is 0.91. Considering the valuation of this stock, the price to sales ratio is 2.30, the price to book ratio is 3.35 and price to earnings (TTM) ratio is 121.58.
Transactions by insiders
Recent insider trading involved SMITH GARY B, President, CEO, that happened on Mar 17 ’25 when 6800.0 shares were sold. SVP Global Products & Supply, Gage Brodie completed a deal on Mar 17 ’25 to sell 350.0 shares. Meanwhile, Officer BRODIE GAGE bought 350.0 shares on Mar 17 ’25.
