Ciena Corporation (NYSE:CIEN) Stock Rated “Moderate Buy” by Wall Street Brokerages

Posted by Francis Steltz on Oct 17th, 2026

Shares of Ciena Corporation (NYSE:CIEN – Get Free Report) have received an average rating of “Moderate Buy” from the twenty ratings firms that are presently covering the stock, MarketBeat.com reports. Five investment analysts have rated the stock with a hold recommendation, fourteen have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year price target among brokerages that have covered the stock in the last year is $506.11.

CIEN has been the topic of several analyst reports. UBS Group decreased their price objective on Ciena from $508.00 to $394.00 and set a “neutral” rating on the stock in a report on Friday, September 4th. Evercore upgraded Ciena from an “in-line” rating to an “outperform” rating and set a $550.00 target price for the company in a research note on Monday, September 21st. Zacks Research upgraded Ciena from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, September 9th. B. Riley Financial decreased their price target on Ciena from $516.00 to $413.00 and set a “neutral” rating on the stock in a research note on Monday, August 31st. Finally, TD Cowen restated a “buy” rating on shares of Ciena in a report on Thursday, September 17th.

Get Our Latest Report on CIEN

Ciena Trading Down 7.0%

Shares of NYSE:CIEN traded down $24.79 during trading on Friday, reaching $331.73. The stock had a trading volume of 3,195,408 shares, compared to its average volume of 2,973,466. The company has a quick ratio of 3.17, a current ratio of 3.80 and a debt-to-equity ratio of 1.06. The stock has a market cap of $47.04 billion, a P/E ratio of 74.05, a PEG ratio of 4.95 and a beta of 1.28. The business has a fifty day moving average price of $376.08 and a 200-day moving average price of $440.27. Ciena has a fifty-two week low of $159.56 and a fifty-two week high of $637.51.

Ciena (NYSE:CIEN – Get Free Report) last announced its earnings results on Thursday, September 3rd. The communications equipment provider reported $2.11 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.73 by $0.38. The firm had revenue of $1.67 billion for the quarter, compared to analyst estimates of $1.64 billion. Ciena had a net margin of 10.87% and a return on equity of 25.33%. Ciena’s revenue was up 37.0% compared to the same quarter last year. During the same quarter last year, the business earned $0.35 earnings per share. As a group, analysts anticipate that Ciena will post 6.00 earnings per share for the current fiscal year.

Insider Buying and Selling at Ciena

In related news, CFO Marc Graff sold 4,995 shares of the firm’s stock in a transaction that occurred on Friday, August 14th. The shares were sold at an average price of $430.72, for a total value of $2,151,446.40. Following the sale, the chief financial officer directly owned 107,519 shares of the company’s stock, valued at approximately $46,310,583.68. This trade represents a 4.44% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Thomas Nevens sold 3,738 shares of the business’s stock in a transaction that occurred on Wednesday, September 23rd. The shares were sold at an average price of $359.04, for a total transaction of $1,342,091.52. Following the completion of the sale, the director owned 6,289 shares of the company’s stock, valued at approximately $2,258,002.56. The trade was a 37.28% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 31,862 shares of company stock worth $12,017,320. 0.58% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Ciena

A number of hedge funds have recently made changes to their positions in the stock. Vontobel Holding Ltd. boosted its holdings in Ciena by 8.2% in the third quarter. Vontobel Holding Ltd. now owns 31,473 shares of the communications equipment provider’s stock valued at $11,073,000 after acquiring an additional 2,387 shares during the last quarter. TD Waterhouse Canada Inc. grew its position in Ciena by 1.7% during the third quarter. TD Waterhouse Canada Inc. now owns 13,964 shares of the communications equipment provider’s stock valued at $5,306,000 after acquiring an additional 231 shares during the period. Shelton Wealth Management LLC purchased a new stake in Ciena during the third quarter valued at about $267,000. Pension & Wealth Management Advisors Inc. acquired a new stake in Ciena during the third quarter worth about $659,000. Finally, V Square Quantitative Management LLC increased its stake in Ciena by 34.7% during the third quarter. V Square Quantitative Management LLC now owns 1,483 shares of the communications equipment provider’s stock worth $522,000 after acquiring an additional 382 shares during the last quarter. Institutional investors and hedge funds own 91.99% of the company’s stock.

About Ciena

(Get Free Report)

Ciena Corporation is a networking technology company that provides communications infrastructure, software and services for telecommunications providers, cloud operators, enterprises, governments and research institutions. Its solutions are designed to help organizations build, manage and automate high-capacity networks that support applications such as cloud computing, broadband connectivity, data center interconnection and 5G services.

The company’s portfolio includes optical networking systems and coherent optical technologies, routing and switching platforms, broadband access solutions, network management software and professional services.