
Ciena (CIEN) Stock Forecast & Price Target
Ciena (CIEN) Analyst Ratings
Bulls say
Ciena reported a notable operating margin of 13.2%, which represents a significant increase of 240 basis points quarter-over-quarter and 310 basis points year-over-year, highlighting its robust financial performance despite higher compensation incentives. Additionally, the company exited FY25 with a substantial backlog of approximately $5 billion, a significant increase from $2.1 billion at the end of FY24, indicating strong demand and future revenue potential. Total revenue reached $1.352 billion, growing 11% sequentially and 20% year-over-year, driven by remarkable demand for optical products and networking equipment, positioning Ciena favorably for continued growth in the coming fiscal year.
Bears say
Ciena's financial outlook reflects several concerning trends, including projected NG gross margins (GMs) of 42-44% while estimating operational expenses (Opex) at approximately $1.5 billion, resulting in an operating margin (OM) of only 15-16%. A macroeconomic slowdown poses further risks, potentially leading to decreased revenue for global carriers and cuts in capital expenditures for optical communications, which could hinder Ciena's growth despite conservative revenue growth forecasts. Additionally, the company is contending with headwinds from rising input costs and new product ramps, causing further strain on profitability and operational efficiency.
This aggregate rating is based on analysts' research of Ciena and is not a guaranteed prediction by Public.com or investment advice.
Ciena (CIEN) Analyst Forecast & Price Prediction
Start investing in Ciena (CIEN)
Order type
Buy in
Order amount
Est. shares
0 shares