At the time of writing, CIENA Corp [CIEN] stock is trading at $58.36, down -5.86%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The CIEN shares have gain 3.86% over the last week, with a monthly amount drifted -12.11%, 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.
For the past year, the stock price of CIENA Corp fluctuated between $43.30 and $101.44. Currently, Wall Street analysts expect the stock to reach $98.33 within the next 12 months. CIENA Corp [NYSE: CIEN] shares were valued at $58.36 at the most recent close of the market. An investor can expect a potential return of 68.49% based on the average CIEN price forecast.
Analyzing the CIEN fundamentals
According to CIENA Corp [NYSE:CIEN], the company’s sales were 4.05B for trailing twelve months, which represents an 3.33% jump. 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. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.08.
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 56.27 points at the first support level, and at 54.19 for the second support level. However, for the 1st resistance point, the stock is sitting at 60.54, and for the 2nd resistance point, it is at 62.73.
Ratios To Look Out For
It is important to note that CIENA Corp [NYSE:CIEN] has a current ratio of 3.65. Also, the Quick Ratio is 2.77, while the Cash Ratio stands at 0.91. Considering the valuation of this stock, the price to sales ratio is 2.05, the price to book ratio is 2.98 and price to earnings (TTM) ratio is 108.11.
Transactions by insiders
Recent insider trading involved Phipps Jason, SVP Global Sales and Marketing, that happened on Apr 01 ’25 when 18888.0 shares were sold. SVP and General Counsel, Kosaraju Sheela completed a deal on Apr 01 ’25 to sell 1381.0 shares. Meanwhile, Officer JASON PHIPPS bought 18888.0 shares on Apr 01 ’25.
