Ciena (CIEN) Stock Forecast, Price Target & Predictions
CIEN Stock Forecast
Ciena stock forecast is as follows: an average price target of $65.74 (represents a 3.95% upside from CIEN’s last price of $63.24) and a rating consensus of 'Buy', based on 20 wall street analysts offering a 1-year stock forecast.
CIEN Price Target
The average price target for Ciena (CIEN) is $65.74 based on 1-year price targets from 20 Wall Street analysts in the past 3 months, with a price target range of $96.00 to $50.00. This represents a potential 3.95% upside from CIEN's last price of $63.24.
CIEN Analyst Ratings
According to 20 Wall Street analysts, Ciena's rating consensus is 'Buy'. The analyst rating breakdown for CIEN stock is 0 'Strong Buy' (0.00%), 16 'Buy' (80.00%), 4 'Hold' (20.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Ciena Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Oct 09, 2024 | Ruben Roy | Stifel Nicolaus | $75.00 | $65.25 | 14.94% | 18.60% |
| Oct 09, 2024 | Karl Ackerman | BNP Paribas | $67.00 | $65.25 | 2.68% | 5.95% |
| Oct 07, 2024 | Samik Chatterjee | J.P. Morgan | $65.00 | $63.48 | 2.39% | 2.78% |
| Sep 23, 2024 | Atif Malik | Citigroup | $68.00 | $58.73 | 15.78% | 7.53% |
| Sep 05, 2024 | Tal Liani | Bank of America Securities | $59.00 | $52.43 | 12.53% | -6.70% |
| Sep 05, 2024 | Mike Genovese | Rosenblatt Securities | $60.00 | $54.56 | 9.97% | -5.12% |
| Sep 04, 2024 | Tim Long | Barclays | $67.00 | $54.93 | 21.97% | 5.95% |
| Jun 11, 2024 | Meta Marshall | Morgan Stanley | $55.00 | $45.92 | 19.77% | -13.03% |
| Jun 10, 2024 | Keith Snyder | CFRA | $50.00 | $45.61 | 9.63% | -20.94% |
| Jun 07, 2024 | Jim Kelleher | Argus Research | $76.00 | $45.75 | 66.12% | 20.18% |
The latest Ciena stock forecast, released on Oct 09, 2024 by Ruben Roy from Stifel Nicolaus, set a price target of $75.00, which represents a 14.94% increase from the stock price at the time of the forecast ($65.25), and a 18.60% increase from CIEN last price ($63.24).
Ciena Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 3 | 7 | 18 |
| Avg Price Target | $69.00 | $65.86 | $61.36 |
| Last Closing Price | $63.24 | $63.24 | $63.24 |
| Upside/Downside | 9.11% | 4.14% | -2.97% |
In the current month, the average price target of Ciena stock is $69.00, according to 3 Wall Street analysts offering twelve months forecast. The average price target represents a 9.11% increase as opposed to Ciena's last price of $63.24. This month's average price target is up 4.77% compared to last quarter, and up 12.45% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 09, 2024 | Morgan Stanley | Overweight | Overweight | Hold |
| Oct 09, 2024 | Exane BNP Paribas | Outperform | Neutral | Downgrade |
| Sep 23, 2024 | Needham | Buy | Buy | Hold |
| Sep 23, 2024 | Citigroup | Sell | Buy | Upgrade |
| Sep 04, 2024 | Morgan Stanley | Overweight | Overweight | Hold |
| Sep 04, 2024 | Barclays | Overweight | Overweight | Hold |
| Aug 22, 2024 | Rosenblatt Securities | Buy | Buy | Hold |
| Aug 22, 2024 | Raymond James | Underperform | Underperform | Hold |
| Jun 12, 2024 | Morgan Stanley | Overweight | Overweight | Hold |
| Jun 10, 2024 | CFRA | Hold | Hold | Hold |
Ciena's last stock rating was published by Morgan Stanley on Oct 09, 2024. The company gave CIEN a "Overweight" rating, the same as its previous rate.
Ciena Financial Forecast
Ciena Revenue Forecast
| Oct 26 | Jul 26 | Apr 26 | Jan 26 | Oct 25 | Jul 25 | Apr 25 | Jan 25 | Oct 24 | Jul 24 | Apr 24 | Jan 24 | Oct 23 | Jul 23 | Apr 23 | Jan 23 | Oct 22 | Jul 22 | Apr 22 | Jan 22 | Oct 21 | Jul 21 | Apr 21 | Jan 21 | Oct 20 | Jul 20 | Apr 20 | Jan 20 | Oct 19 | Jul 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | $1.04B | - | $1.07B | $1.13B | $1.06B | $971.01M | $867.98M | $949.23M | $844.44M | $1.04B | $988.14M | - | $757.13M | $828.48M | - | - | $832.91M | $967.99M | $960.61M |
| Avg Forecast | $1.24B | $1.15B | $1.11B | $1.06B | $1.17B | $1.09B | $1.04B | $1.00B | $1.10B | $930.45M | $897.16M | $1.02B | $1.10B | $1.04B | $1.09B | $959.40M | $849.89M | $903.95M | $950.83M | $853.67M | $1.02B | $969.62M | $829.74M | $750.07M | $825.30M | $975.03M | $880.40M | $819.57M | $964.29M | $932.54M |
| High Forecast | $1.29B | $1.20B | $1.15B | $1.11B | $1.22B | $1.14B | $1.09B | $1.03B | $1.13B | $931.94M | $897.84M | $1.02B | $1.11B | $1.08B | $1.13B | $998.11M | $877.78M | $933.72M | $982.15M | $881.79M | $1.06B | $1.00B | $857.07M | $774.77M | $852.48M | $1.01B | $909.39M | $846.56M | $996.06M | $963.26M |
| Low Forecast | $1.13B | $1.05B | $1.01B | $967.99M | $1.07B | $995.19M | $950.87M | $913.01M | $1.00B | $928.95M | $896.48M | $1.02B | $1.01B | $949.48M | $991.12M | $873.60M | $798.76M | $849.67M | $893.73M | $802.41M | $963.36M | $911.39M | $779.92M | $705.03M | $775.74M | $916.48M | $827.53M | $770.35M | $906.39M | $876.55M |
| # Analysts | 6 | 6 | 6 | 6 | 5 | 5 | 5 | 10 | 10 | 6 | 6 | 6 | 10 | 6 | 6 | 6 | 5 | 5 | 5 | 5 | 6 | 6 | 6 | 6 | 6 | 3 | 3 | 3 | 2 | 2 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 1.02% | - | 1.02% | 1.04% | 1.10% | 1.14% | 0.96% | 1.00% | 0.99% | 1.02% | 1.02% | - | 1.01% | 1.00% | - | - | 1.02% | 1.00% | 1.03% |
Ciena's average Quarter revenue forecast for Apr 24 based on 6 analysts is $897.16M, with a low forecast of $896.48M, and a high forecast of $897.84M. CIEN's average Quarter revenue forecast represents a -13.54% decrease compared to the company's last Quarter revenue of $1.04B (Jan 24).
Ciena EBITDA Forecast
| Oct 26 | Jul 26 | Apr 26 | Jan 26 | Oct 25 | Jul 25 | Apr 25 | Jan 25 | Oct 24 | Jul 24 | Apr 24 | Jan 24 | Oct 23 | Jul 23 | Apr 23 | Jan 23 | Oct 22 | Jul 22 | Apr 22 | Jan 22 | Oct 21 | Jul 21 | Apr 21 | Jan 21 | Oct 20 | Jul 20 | Apr 20 | Jan 20 | Oct 19 | Jul 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 6 | 6 | 6 | 6 | 5 | 5 | 5 | 10 | 10 | 6 | 6 | 6 | 10 | 6 | 6 | 6 | 5 | 5 | 5 | 5 | 6 | 6 | 6 | 6 | 6 | 3 | 3 | 3 | 2 | 2 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | $84.63M | - | $128.62M | $157.34M | $156.58M | $128.18M | $69.51M | $103.44M | $98.42M | $177.87M | $192.27M | - | $116.07M | $140.44M | - | - | $123.50M | $139.61M | $166.23M |
| Avg Forecast | $186.28M | $173.16M | $166.16M | $159.68M | $175.83M | $164.17M | $156.85M | $150.27M | $165.64M | $139.76M | $67.78M | $153.34M | $165.95M | $156.62M | $61.62M | $187.27M | $127.66M | $135.78M | $56.02M | $128.23M | $153.95M | $145.64M | $90.78M | $112.67M | $123.97M | $146.46M | $73.53M | $123.10M | $144.84M | $140.07M |
| High Forecast | $193.79M | $180.14M | $172.87M | $166.12M | $182.93M | $170.79M | $163.18M | $155.11M | $170.16M | $139.98M | $81.34M | $153.41M | $167.45M | $162.94M | $73.94M | $224.73M | $131.85M | $140.25M | $67.22M | $132.45M | $159.02M | $150.44M | $108.94M | $116.38M | $128.05M | $151.28M | $88.24M | $127.16M | $149.61M | $144.69M |
| Low Forecast | $169.62M | $157.67M | $151.30M | $145.40M | $160.11M | $149.48M | $142.83M | $137.14M | $150.83M | $139.53M | $54.23M | $153.27M | $151.10M | $142.62M | $49.30M | $149.82M | $119.98M | $127.63M | $44.81M | $120.53M | $144.70M | $136.90M | $72.62M | $105.90M | $116.52M | $137.66M | $58.83M | $115.71M | $136.15M | $131.66M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 0.55% | - | 0.82% | 2.55% | 0.84% | 1.00% | 0.51% | 1.85% | 0.77% | 1.16% | 1.32% | - | 1.03% | 1.13% | - | - | 1.00% | 0.96% | 1.19% |
6 analysts predict CIEN's average Quarter EBITDA for Apr 24 to be $67.78M, with a high of $81.34M and a low of $54.23M. This is -19.91% lower than Ciena's previous annual EBITDA (Jan 24) of $84.63M.
Ciena Net Income Forecast
| Oct 26 | Jul 26 | Apr 26 | Jan 26 | Oct 25 | Jul 25 | Apr 25 | Jan 25 | Oct 24 | Jul 24 | Apr 24 | Jan 24 | Oct 23 | Jul 23 | Apr 23 | Jan 23 | Oct 22 | Jul 22 | Apr 22 | Jan 22 | Oct 21 | Jul 21 | Apr 21 | Jan 21 | Oct 20 | Jul 20 | Apr 20 | Jan 20 | Oct 19 | Jul 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 6 | 6 | 6 | 6 | 5 | 5 | 5 | 10 | 10 | 6 | 6 | 6 | 10 | 6 | 6 | 6 | 5 | 5 | 5 | 5 | 6 | 6 | 6 | 6 | 6 | 3 | 3 | 3 | 2 | 2 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | $49.55M | - | $29.73M | $57.65M | $76.24M | $57.65M | $10.51M | $38.92M | $45.82M | $103.50M | $238.23M | - | $55.35M | $65.04M | - | - | $62.33M | $80.33M | $86.75M |
| Avg Forecast | $154.18M | $129.86M | $112.67M | $90.39M | $129.57M | $106.54M | $88.36M | $71.96M | $95.08M | $39.09M | $52.98M | $69.10M | $100.24M | $75.14M | $48.17M | $113.85M | $11.21M | $49.16M | $43.79M | $65.60M | $124.30M | $114.92M | $46.74M | $65.88M | $91.01M | $120.06M | $39.37M | $55.24M | $91.81M | $83.69M |
| High Forecast | $162.27M | $136.67M | $118.58M | $95.13M | $136.36M | $112.13M | $93.00M | $90.33M | $110.93M | $39.89M | $63.58M | $69.20M | $107.60M | $79.08M | $57.80M | $136.62M | $11.68M | $51.27M | $52.54M | $68.40M | $129.62M | $119.84M | $56.09M | $68.70M | $94.91M | $125.21M | $47.24M | $57.60M | $95.74M | $87.27M |
| Low Forecast | $136.26M | $114.76M | $99.57M | $79.88M | $114.50M | $94.15M | $78.09M | $38.28M | $87.88M | $38.30M | $42.39M | $69.00M | $97.29M | $66.40M | $38.53M | $91.08M | $10.33M | $45.33M | $35.03M | $60.47M | $114.59M | $105.95M | $37.39M | $60.74M | $83.91M | $110.69M | $31.49M | $50.92M | $84.65M | $77.16M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 0.72% | - | 0.40% | 1.20% | 0.67% | 5.14% | 0.21% | 0.89% | 0.70% | 0.83% | 2.07% | - | 0.84% | 0.71% | - | - | 1.13% | 0.87% | 1.04% |
Ciena's average Quarter net income forecast for Apr 24 is $52.98M, with a range of $42.39M to $63.58M. CIEN's average Quarter net income forecast represents a 6.93% increase compared to the company's last Quarter net income of $49.55M (Jan 24).
Ciena SG&A Forecast
| Oct 26 | Jul 26 | Apr 26 | Jan 26 | Oct 25 | Jul 25 | Apr 25 | Jan 25 | Oct 24 | Jul 24 | Apr 24 | Jan 24 | Oct 23 | Jul 23 | Apr 23 | Jan 23 | Oct 22 | Jul 22 | Apr 22 | Jan 22 | Oct 21 | Jul 21 | Apr 21 | Jan 21 | Oct 20 | Jul 20 | Apr 20 | Jan 20 | Oct 19 | Jul 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 6 | 6 | 6 | 6 | 5 | 5 | 5 | 10 | 10 | 6 | 6 | 6 | 10 | 6 | 6 | 6 | 5 | 5 | 5 | 5 | 6 | 6 | 6 | 6 | 6 | 3 | 3 | 3 | 2 | 2 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | $182.84M | - | $167.62M | $176.02M | $174.70M | $170.06M | $147.00M | $165.51M | $163.38M | $179.01M | $163.79M | - | $137.27M | $156.80M | - | - | $149.53M | $167.51M | $146.93M |
| Avg Forecast | $210.10M | $195.30M | $187.41M | $180.10M | $198.31M | $185.16M | $176.91M | $169.49M | $186.82M | $157.63M | $188.90M | $172.94M | $187.16M | $176.65M | $171.73M | $196.91M | $143.98M | $153.14M | $156.12M | $144.62M | $173.63M | $164.27M | $115.92M | $127.07M | $139.82M | $165.18M | $94.44M | $138.84M | $163.36M | $157.98M |
| High Forecast | $218.57M | $203.18M | $194.97M | $187.36M | $206.32M | $192.63M | $184.05M | $174.94M | $191.91M | $157.88M | $226.68M | $173.02M | $188.87M | $183.78M | $206.08M | $236.29M | $148.71M | $158.18M | $187.34M | $149.39M | $179.35M | $169.68M | $139.10M | $131.26M | $144.42M | $170.62M | $113.33M | $143.42M | $168.74M | $163.19M |
| Low Forecast | $191.31M | $177.83M | $170.65M | $163.99M | $180.58M | $168.60M | $161.09M | $154.68M | $170.11M | $157.38M | $151.12M | $172.87M | $170.43M | $160.85M | $137.38M | $157.53M | $135.32M | $143.94M | $124.89M | $135.94M | $163.20M | $154.40M | $92.73M | $119.44M | $131.42M | $155.26M | $75.55M | $130.51M | $153.55M | $148.50M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 1.06% | - | 0.95% | 1.02% | 0.89% | 1.18% | 0.96% | 1.06% | 1.13% | 1.03% | 1.00% | - | 1.08% | 1.12% | - | - | 1.08% | 1.03% | 0.93% |
Ciena's average Quarter SG&A projection for Apr 24 is $188.90M, based on 6 Wall Street analysts, with a range of $151.12M to $226.68M. The forecast indicates a 3.32% rise compared to CIEN last annual SG&A of $182.84M (Jan 24).
Ciena EPS Forecast
| Oct 26 | Jul 26 | Apr 26 | Jan 26 | Oct 25 | Jul 25 | Apr 25 | Jan 25 | Oct 24 | Jul 24 | Apr 24 | Jan 24 | Oct 23 | Jul 23 | Apr 23 | Jan 23 | Oct 22 | Jul 22 | Apr 22 | Jan 22 | Oct 21 | Jul 21 | Apr 21 | Jan 21 | Oct 20 | Jul 20 | Apr 20 | Jan 20 | Oct 19 | Jul 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 6 | 6 | 6 | 6 | 5 | 5 | 5 | 10 | 10 | 6 | 6 | 6 | 10 | 6 | 6 | 6 | 5 | 5 | 5 | 5 | 6 | 6 | 6 | 6 | 6 | 3 | 3 | 3 | 2 | 2 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | $0.34 | - | $0.20 | $0.39 | $0.51 | $0.39 | $0.07 | $0.26 | $0.30 | $0.67 | $1.53 | - | $0.36 | $0.42 | - | - | $0.40 | $0.52 | $0.56 |
| Avg Forecast | $1.06 | $0.89 | $0.78 | $0.62 | $0.89 | $0.73 | $0.61 | $0.50 | $0.65 | $0.27 | $0.16 | $0.48 | $0.69 | $0.52 | $0.62 | $0.36 | $0.08 | $0.34 | $0.54 | $0.45 | $0.86 | $0.79 | $0.49 | $0.45 | $0.63 | $0.83 | $0.49 | $0.38 | $0.63 | $0.58 |
| High Forecast | $1.12 | $0.94 | $0.82 | $0.65 | $0.94 | $0.77 | $0.64 | $0.62 | $0.76 | $0.27 | $0.16 | $0.48 | $0.74 | $0.54 | $0.66 | $0.38 | $0.08 | $0.35 | $0.56 | $0.47 | $0.89 | $0.82 | $0.51 | $0.47 | $0.65 | $0.86 | $0.52 | $0.40 | $0.66 | $0.60 |
| Low Forecast | $0.94 | $0.79 | $0.68 | $0.55 | $0.79 | $0.65 | $0.54 | $0.26 | $0.60 | $0.26 | $0.15 | $0.47 | $0.67 | $0.46 | $0.55 | $0.32 | $0.07 | $0.31 | $0.50 | $0.42 | $0.79 | $0.73 | $0.45 | $0.42 | $0.58 | $0.76 | $0.46 | $0.35 | $0.58 | $0.53 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 0.72% | - | 0.39% | 0.63% | 1.41% | 5.06% | 0.21% | 0.48% | 0.66% | 0.78% | 1.94% | - | 0.79% | 0.67% | - | - | 1.05% | 0.82% | 0.97% |
According to 6 Wall Street analysts, Ciena's projected average Quarter EPS for Apr 24 is $0.16, with a low estimate of $0.15 and a high estimate of $0.16. This represents a -54.06% decrease compared to CIEN previous annual EPS of $0.34 (Jan 24).
Ciena Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| CMTL | Comtech Telecommunications | $2.47 | $9.00 | 264.37% | Hold |
| ADTN | ADTRAN | $6.20 | $15.67 | 152.74% | Buy |
| CLFD | Clearfield | $35.50 | $59.60 | 67.89% | Buy |
| HLIT | Harmonic | $11.12 | $15.38 | 38.31% | Buy |
| DGII | Digi | $29.34 | $39.80 | 35.65% | Buy |
| VIAV | Viavi Solutions | $9.58 | $12.95 | 35.18% | Buy |
| GILT | Gilat Satellite Networks | $5.26 | $7.00 | 33.08% | Buy |
| EXTR | Extreme Networks | $15.20 | $20.00 | 31.58% | Buy |
| LITE | Lumentum | $64.17 | $74.60 | 16.25% | Buy |
| AAOI | Applied Optoelectronics | $16.40 | $17.38 | 5.98% | Buy |
| CIEN | Ciena | $63.24 | $65.74 | 3.95% | Buy |
| HPE | Hewlett Packard Enterprise Company | $20.01 | $20.24 | 1.15% | Buy |
| INFN | Infinera | $6.72 | $6.67 | -0.74% | Buy |
| NTGR | NETGEAR | $23.17 | $22.00 | -5.05% | Buy |
| JNPR | Juniper Networks | $38.98 | $35.74 | -8.31% | Buy |
| MSI | Motorola Solutions | $458.18 | $344.83 | -24.74% | Buy |
CIEN Forecast FAQ
Is Ciena a good buy?
Yes, according to 20 Wall Street analysts, Ciena (CIEN) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 16 'Buy' recommendations, accounting for 80.00% of CIEN's total ratings.
What is CIEN's price target?
Ciena (CIEN) average price target is $65.74 with a range of $50 to $96, implying a 3.95% from its last price of $63.24. The data is based on 20 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Ciena stock go up soon?
According to Wall Street analysts' prediction for CIEN stock, the company can go up by 3.95% (from the last price of $63.24 to the average price target of $65.74), up by 51.80% based on the highest stock price target, and down by -20.94% based on the lowest stock price target.
Can Ciena stock reach $90?
CIEN's highest twelve months analyst stock price target of $96 supports the claim that Ciena can reach $90 in the near future.
What is Ciena's current price target trend?
3 Wall Street analysts forecast a $69 price target for Ciena (CIEN) this month, up 9.11% from its last price of $63.24. Compared to the last 3 and 12 months, the average price target increased by 4.14% and decreased by -2.97%, respectively.
What are Ciena's analysts' financial forecasts?
Ciena's analysts financial forecasts for the fiscal year (Oct 2025) are as follows: average revenue is $4.31B (high $4.47B, low $3.92B), average EBITDA is $647.13M (high $672.01M, low $589.56M), average net income is $396.43M (high $431.82M, low $325.02M), average SG&A $729.87M (high $757.93M, low $664.94M), and average EPS is $2.73 (high $2.97, low $2.24). CIEN's analysts financial forecasts for the fiscal year (Oct 2026) are as follows: average revenue is $4.56B (high $4.75B, low $4.15B), average EBITDA is $685.28M (high $712.93M, low $623.99M), average net income is $487.1M (high $512.65M, low $430.47M), average SG&A $772.9M (high $804.08M, low $703.78M), and average EPS is $3.35 (high $3.53, low $2.96).
Did the CIEN's actual financial results beat the analysts' financial forecasts?
Based on Ciena's last annual report (Oct 2022), the company's revenue was $3.63B, beating the average analysts forecast of $3.56B by 2.09%. Apple's EBITDA was $404.18M, missing the average prediction of $447.68M by -9.72%. The company's net income was $152.9M, missing the average estimation of $169.75M by -9.93%. Apple's SG&A was $645.95M, beating the average forecast of $597.86M by 8.04%. Lastly, the company's EPS was $1.01, missing the average prediction of $1.41 by -28.17%. In terms of the last quarterly report (Jan 2024), Ciena's revenue was $1.04B, beating the average analysts' forecast of $1.02B by 1.65%. The company's EBITDA was $84.63M, missing the average prediction of $153.34M by -44.81%. Ciena's net income was $49.55M, missing the average estimation of $69.1M by -28.30%. The company's SG&A was $182.84M, beating the average forecast of $172.94M by 5.72%. Lastly, the company's EPS was $0.34, missing the average prediction of $0.475 by -28.48%