Ciena (NYSE: CIEN) recently received a number of ratings updates from brokerages and research firms:
- 6/5/2026 – Ciena was upgraded by Weiss Ratings from “buy (b-)” to “buy (b)”.
- 6/5/2026 – Ciena was given a new $650.00 price target by Argus.
- 6/5/2026 – Ciena was given a new $450.00 price target by Northland Securities.
- 6/5/2026 – Ciena had its price target raised by Barclays PLC from $372.00 to $607.00. They now have an “overweight” rating on the stock.
- 6/5/2026 – Ciena had its price target raised by Morgan Stanley from $405.00 to $490.00. They now have an “equal weight” rating on the stock.
- 6/5/2026 – Ciena had its price target raised by UBS Group AG from $285.00 to $508.00. They now have a “neutral” rating on the stock.
- 6/5/2026 – Ciena had its price target raised by Rosenblatt Securities from $350.00 to $720.00. They now have a “buy” rating on the stock.
- 6/4/2026 – Ciena had its price target raised by Needham & Company LLC from $470.00 to $600.00. They now have a “buy” rating on the stock.
- 6/4/2026 – Ciena had its price target raised by Raymond James Financial, Inc. from $320.00 to $530.00. They now have an “outperform” rating on the stock.
- 6/3/2026 – Ciena was downgraded by Zacks Research from “strong-buy” to “hold”.
- 6/2/2026 – Ciena had its price target raised by B. Riley Financial, Inc. from $283.00 to $531.00. They now have a “neutral” rating on the stock.
- 5/29/2026 – Ciena was given a new $615.00 price target by Stifel Nicolaus.
- 5/26/2026 – Ciena had its price target raised by Bank of America Corporation from $550.00 to $660.00. They now have a “buy” rating on the stock.
- 5/18/2026 – Ciena had its price target raised by Citigroup Inc. from $345.00 to $658.00. They now have a “buy” rating on the stock.
- 5/15/2026 – Ciena had its price target raised by TD Cowen from $425.00 to $675.00. They now have a “buy” rating on the stock.
- 5/5/2026 – Ciena had its price target raised by Stifel Nicolaus from $430.00 to $585.00. They now have a “buy” rating on the stock.
- 5/1/2026 – Ciena is now covered by Rothschild & Co Redburn. They set a “neutral” rating and a $416.00 price target on the stock.
- 5/1/2026 – Ciena is now covered by Rothschild & Co Redburn. They set a “neutral” rating and a $416.00 price target on the stock.
- 4/27/2026 – Ciena was upgraded by Weiss Ratings from “hold (c+)” to “buy (b-)”.
- 4/20/2026 – Ciena had its price target raised by Morgan Stanley from $286.00 to $405.00. They now have an “equal weight” rating on the stock.
- 4/16/2026 – Ciena had its price target raised by JPMorgan Chase & Co. from $380.00 to $550.00. They now have an “overweight” rating on the stock.
- 4/16/2026 – Ciena had its price target raised by Bank of America Corporation from $355.00 to $550.00. They now have a “buy” rating on the stock.
Insider Buying and Selling at Ciena
In other Ciena news, SVP Jason Phipps sold 22,014 shares of the stock in a transaction dated Wednesday, April 1st. The stock was sold at an average price of $409.80, for a total value of $9,021,337.20. Following the transaction, the senior vice president owned 68 shares of the company’s stock, valued at approximately $27,866.40. This represents a 99.69% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Gary B. Smith sold 2,952 shares of the stock in a transaction dated Wednesday, April 1st. The shares were sold at an average price of $415.51, for a total value of $1,226,585.52. Following the completion of the transaction, the chief executive officer directly owned 281,365 shares in the company, valued at $116,909,971.15. The trade was a 1.04% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 44,174 shares of company stock valued at $19,502,359. 0.58% of the stock is currently owned by company insiders.
In addition to hardware offerings, Ciena provides professional services and support, including network design, implementation and ongoing maintenance.
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