​

Ciena (CIEN) Stock Forecast, Price Target & Predictions

OverviewRevenueOwnershipFinancialsChartTranscripts

CIEN Stock Forecast

Ciena stock forecast is as follows: an average price target of $65.86 (represents a -24.63% downside from CIEN’s last price of $87.38) and a rating consensus of 'Buy', based on 19 wall street analysts offering a 1-year stock forecast.

CIEN Price Target

The average price target for Ciena (CIEN) is $65.86 based on 1-year price targets from 19 Wall Street analysts in the past 3 months, with a price target range of $75.00 to $59.00. This represents a potential -24.63% downside from CIEN's last price of $87.38.

CIEN Analyst Ratings

Buy

According to 19 Wall Street analysts, Ciena's rating consensus is 'Buy'. The analyst rating breakdown for CIEN stock is 0 'Strong Buy' (0.00%), 15 'Buy' (78.95%), 4 'Hold' (21.05%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Ciena Price Target by Analyst

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Oct 09, 2024Ruben RoyStifel Nicolaus$75.00$65.2514.94%-14.17%
Oct 09, 2024Karl AckermanBNP Paribas$67.00$65.252.68%-23.32%
Oct 07, 2024Samik ChatterjeeJ.P. Morgan$65.00$63.482.39%-25.61%
Sep 23, 2024Atif MalikCitigroup$68.00$58.7315.78%-22.18%
Sep 05, 2024Tal LianiBank of America Securities$59.00$52.4312.53%-32.48%
Sep 05, 2024Mike GenoveseRosenblatt Securities$60.00$54.569.97%-31.33%
Sep 04, 2024Tim LongBarclays$67.00$54.9321.97%-23.32%
Jun 11, 2024Meta MarshallMorgan Stanley$55.00$45.9219.77%-37.06%
Jun 10, 2024Keith SnyderCFRA$50.00$45.619.63%-42.78%
Jun 07, 2024Jim KelleherArgus Research$76.00$45.7566.12%-13.02%
Jun 07, 2024Dave KingB.Riley Financial$66.00$45.7544.26%-24.47%
Jun 07, 2024Mike GenoveseRosenblatt Securities$54.00$48.5611.20%-38.20%
Jun 06, 2024Ruben RoyStifel Nicolaus$62.00$48.5627.68%-29.05%
Jun 06, 2024Simon LeopoldRaymond James$54.00$49.119.96%-38.20%
Jun 06, 2024Amit DaryananiEvercore ISI$60.00$48.9722.51%-31.33%
May 30, 2024Mike GenoveseRosenblatt Securities$52.50$49.346.40%-39.92%
Apr 11, 2024Karl AckermanBNP Paribas$57.00$46.7421.95%-34.77%
Jan 12, 2024Amit DaryananiEvercore ISI$57.00$49.7214.64%-34.77%
Aug 28, 2023Alex HendersonNeedham$50.00$42.0418.93%-42.78%
Jun 07, 2023Alex HendersonNeedham$60.00$43.3638.38%-31.33%
Mar 07, 2023Alex HendersonNeedham$70.00$50.6838.12%-19.89%
Dec 09, 2022Barclays$71.00$50.4740.67%-18.75%
Sep 02, 2022Simon LeopoldRaymond James$55.00$44.6323.24%-37.06%
Sep 02, 2022Meta MarshallMorgan Stanley$60.00$44.6334.44%-31.33%
Sep 02, 2022Mike GenoveseRosenblatt Securities$65.00$44.6345.64%-25.61%
Sep 02, 2022Rosenblatt Securities$65.00$45.9941.32%-25.61%
Sep 02, 2022Tim LongBarclays$55.00$45.4820.93%-37.06%
Aug 29, 2022Alex HendersonNeedham$88.00$52.0868.97%0.71%
Jun 14, 2022Fahad NajemLoop Capital Markets$84.00$42.5397.48%-3.87%
Jun 03, 2022Argus Research$68.00$48.7639.45%-22.18%
Jun 03, 2022Citigroup$65.00$50.6828.26%-25.61%
Jun 02, 2022Simon LeopoldRaymond James$64.00$50.6826.28%-26.76%
Jun 02, 2022Michael GenoveseRosenblatt Securities$70.00$50.6838.12%-19.89%
Jun 02, 2022Samik ChatterjeeJ.P. Morgan$72.00$50.6842.07%-17.60%
May 31, 2022Paul SilversteinCowen & Co.$96.00$50.8288.90%9.86%
May 31, 2022Amit DaryananiEvercore ISI$65.00$50.8227.90%-25.61%
May 23, 2022Rosenblatt Securities$70.00$49.8440.45%-19.89%
Apr 16, 2022Meta MarshallMorgan Stanley$67.00$55.8419.99%-23.32%
Mar 10, 2022Amit DaryananiEvercore ISI$75.00$57.3830.71%-14.17%
Feb 16, 2022Fahad NajamLoop Capital Markets$92.00$69.3632.64%5.29%
Jan 11, 2022Tal LianiBank of America Securities$91.00$73.9123.12%4.14%
Dec 13, 2021Jim SuvaCitigroup$85.00$74.1214.68%-2.72%
Dec 10, 2021Samik ChatterjeeJ.P. Morgan$85.00$73.3515.88%-2.72%
Dec 10, 2021Rod HallGoldman Sachs$78.00$73.356.34%-10.73%
Dec 10, 2021Meta MarshallMorgan Stanley$74.00$73.350.89%-15.31%
Dec 10, 2021Tim LongBarclays$84.00$73.3514.52%-3.87%
Jun 04, 2021Tim SavageauxNorthland Securities$51.00$60.01-15.01%-41.63%
Jun 03, 2021John MarchettiStifel Nicolaus$66.00$58.3813.05%-24.47%
Jun 03, 2021Jeff KvaalWolfe Research$68.00$58.3816.48%-22.18%

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 -14.17% decrease from CIEN last price ($87.38).

Ciena Price Target by Period

1M3M12M
# Anlaysts-418
Avg Price Target-$68.75$61.36
Last Closing Price$87.38$87.38$87.38
Upside/Downside-100.00%-21.32%-29.78%

In the current month, the average price target of Ciena stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Ciena's last price of $87.38. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades

DateCompanyPrevious RatingNew RatingRating Change
Dec 13, 2024B. RileyBuyBuyHold
Dec 13, 2024NeedhamBuyBuyHold
Dec 12, 2024Evercore ISIMixedMixedHold
Oct 09, 2024Morgan StanleyOverweightOverweightHold
Oct 09, 2024Exane BNP ParibasOutperformNeutralDowngrade
Sep 23, 2024NeedhamBuyBuyHold
Sep 23, 2024CitigroupSellBuyUpgrade
Sep 04, 2024Morgan StanleyOverweightOverweightHold
Sep 04, 2024BarclaysOverweightOverweightHold
Aug 22, 2024Rosenblatt SecuritiesBuyBuyHold
Aug 22, 2024Raymond JamesUnderperformUnderperformHold
Jun 12, 2024Morgan StanleyOverweightOverweightHold
Jun 10, 2024CFRAHoldHoldHold
Jun 07, 2024NeedhamNeutralNeutralHold
Jun 07, 2024BarclaysOverweightOverweightHold
Jun 07, 2024Bank of America SecuritiesBuyBuyHold
Jun 06, 2024Raymond JamesStrong BuyOutperformDowngrade
Jun 06, 2024Evercore ISIOutperformOutperformHold
May 30, 2024NeedhamBuyBuyHold
May 30, 2024J.P. MorganUnderperformUnderperformHold
Apr 12, 2024CitigroupBuySellInitialise
Apr 11, 2024NeedhamBuyBuyHold
Apr 11, 2024Exane BNP ParibasOutperformInitialise
Feb 23, 2024Rosenblatt SecuritiesBuyBuyHold
Jan 12, 2024Evercore ISIOutperformUpgrade
Dec 28, 2023Rosenblatt SecuritiesBuyBuyHold
Dec 08, 2023BarclaysOverweightOverweightHold
Dec 08, 2023Raymond JamesStrong BuyStrong BuyHold
Sep 01, 2023UBSNeutralNeutralHold
Aug 28, 2023NeedhamBuyBuyHold
Jun 07, 2023NeedhamBuyBuyHold
Jun 07, 2023Raymond JamesBuyBuyHold
Mar 28, 2023Alliance Global PartnersBuyInitialise
Mar 28, 2023Goldman SachsNeutralInitialise
Mar 28, 2023OppenheimerOutperformInitialise
Mar 28, 2023B. RileyBuyInitialise
Mar 28, 2023BenchmarkBuyInitialise
Mar 28, 2023Raymond JamesOverweightStrong BuyUpgrade
Mar 07, 2023B. Riley SecuritiesBuyBuyHold
Mar 07, 2023Raymond JamesOverweightOverweightHold
Mar 07, 2023BarclaysOverweightOverweightHold
Dec 09, 2022BarclaysOverweightOverweightHold
Sep 06, 2022B. Riley SecuritiesBuyBuyHold
Sep 06, 2022J.P. MorganNeutralDowngrade
Sep 06, 2022Piper SandlerBuyOverweightUpgrade
Sep 02, 2022Morgan StanleyOverweightOverweightHold
Sep 02, 2022Raymond JamesOutperformOutperformHold
Sep 02, 2022Cowen & Co.OutperformOutperformHold
Sep 02, 2022Piper SandlerBuyBuyHold
Sep 02, 2022BarclaysOverweightOverweightHold
Aug 29, 2022NeedhamBuyBuyHold
Aug 12, 2022Morgan StanleyOverweightEqual-WeightUpgrade
Aug 12, 2022Morgan StanleyEqual-WeightOverweightUpgrade
Jun 06, 2022Loop Capital MarketsBuyBuyHold
Jun 03, 2022Argus ResearchBuyBuyHold
Jun 03, 2022CitigroupBuyBuyHold
Apr 15, 2022Morgan StanleyEqual-WeightEqual-WeightHold
Feb 16, 2022Loop Capital MarketsBuyBuyHold

Ciena's last stock rating was published by B. Riley on Dec 13, 2024. The company gave CIEN a "Buy" rating, the same as its previous rate.

Ciena Financial Forecast

Ciena Revenue Forecast

Oct 27Jul 27Apr 27Jan 27Oct 26Jul 26Apr 26Jan 26Oct 25Jul 25Apr 25Jan 25Oct 24Jul 24Apr 24Jan 24Oct 23Jul 23Apr 23Jan 23Oct 22Jul 22Apr 22Jan 22Oct 21Jul 21Apr 21Jan 21Oct 20Jul 20
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-
Avg Forecast$1.38B$1.29B$1.21B$1.22B$1.30B$1.22B$1.16B$1.11B$1.18B$1.11B$1.07B$1.05B$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
High Forecast$1.41B$1.32B$1.24B$1.25B$1.34B$1.25B$1.19B$1.14B$1.20B$1.14B$1.11B$1.06B$1.13B$931.94M$897.84M$1.02B$1.11B$1.07B$1.12B$983.00M$877.78M$933.72M$982.15M$881.79M$1.06B$1.00B$857.07M$774.77M$852.48M$1.01B
Low Forecast$1.33B$1.24B$1.16B$1.17B$1.25B$1.17B$1.11B$1.07B$1.13B$1.07B$1.03B$1.00B$1.06B$928.95M$896.48M$1.02B$1.06B$1.00B$1.05B$921.21M$798.76M$849.67M$893.73M$802.41M$963.36M$911.39M$779.92M$705.03M$775.74M$916.48M
# Analysts464646463581110666106665555666663
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%-

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 27Jul 27Apr 27Jan 27Oct 26Jul 26Apr 26Jan 26Oct 25Jul 25Apr 25Jan 25Oct 24Jul 24Apr 24Jan 24Oct 23Jul 23Apr 23Jan 23Oct 22Jul 22Apr 22Jan 22Oct 21Jul 21Apr 21Jan 21Oct 20Jul 20
# Analysts464646463581110666106665555666663
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-
Avg Forecast$199.56M$186.17M$175.23M$176.08M$188.52M$176.54M$167.62M$160.79M$169.90M$160.34M$155.14M$151.04M$159.35M$134.46M$67.78M$147.52M$159.65M$150.69M$61.62M$187.27M$127.66M$135.78M$56.02M$128.23M$153.95M$145.64M$90.78M$112.67M$123.97M$146.46M
High Forecast$204.47M$190.75M$179.54M$180.41M$193.15M$180.88M$171.74M$164.75M$174.08M$164.29M$161.05M$152.72M$163.70M$134.67M$81.34M$147.59M$161.10M$154.39M$73.94M$224.73M$131.85M$140.25M$67.22M$132.45M$159.02M$150.44M$108.94M$116.38M$128.05M$151.28M
Low Forecast$191.62M$178.76M$168.26M$169.07M$181.01M$169.51M$160.95M$154.39M$163.14M$153.96M$149.23M$144.77M$153.01M$134.24M$54.23M$147.46M$153.30M$144.69M$49.30M$149.82M$119.98M$127.63M$44.81M$120.53M$144.70M$136.90M$72.62M$105.90M$116.52M$137.66M
Surprise %---------------0.57%-0.85%2.55%0.84%1.00%0.51%1.85%0.77%1.16%1.32%-1.03%1.13%-

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 27Jul 27Apr 27Jan 27Oct 26Jul 26Apr 26Jan 26Oct 25Jul 25Apr 25Jan 25Oct 24Jul 24Apr 24Jan 24Oct 23Jul 23Apr 23Jan 23Oct 22Jul 22Apr 22Jan 22Oct 21Jul 21Apr 21Jan 21Oct 20Jul 20
# Analysts464646463581110666106665555666663
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-
Avg Forecast$178.82M$148.77M$119.68M$115.69M$157.61M$133.26M$110.75M$92.26M$117.44M$93.38M$74.85M$61.49M$95.13M$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
High Forecast$184.54M$153.53M$123.51M$119.39M$162.65M$137.52M$114.29M$95.21M$121.20M$96.37M$77.24M$80.62M$110.98M$39.89M$63.58M$69.20M$107.60M$77.54M$57.80M$136.62M$11.68M$51.27M$52.54M$68.40M$129.62M$119.84M$56.09M$68.70M$94.91M$125.21M
Low Forecast$169.57M$141.07M$113.49M$109.70M$149.46M$126.36M$105.02M$87.48M$111.37M$88.55M$70.97M$34.16M$87.92M$38.30M$42.39M$69.00M$97.29M$71.25M$38.53M$91.08M$10.33M$45.33M$35.03M$60.47M$114.59M$105.95M$37.39M$60.74M$83.91M$110.69M
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%-

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 27Jul 27Apr 27Jan 27Oct 26Jul 26Apr 26Jan 26Oct 25Jul 25Apr 25Jan 25Oct 24Jul 24Apr 24Jan 24Oct 23Jul 23Apr 23Jan 23Oct 22Jul 22Apr 22Jan 22Oct 21Jul 21Apr 21Jan 21Oct 20Jul 20
# Analysts464646463581110666106665555666663
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-
Avg Forecast$233.95M$218.25M$205.43M$206.42M$221.00M$206.96M$196.50M$188.50M$199.18M$187.97M$181.87M$177.07M$186.81M$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
High Forecast$239.70M$223.62M$210.48M$211.50M$226.44M$212.05M$201.34M$193.13M$204.08M$192.60M$188.80M$179.03M$191.91M$157.88M$226.68M$173.02M$188.87M$181.00M$206.08M$236.29M$148.71M$158.18M$187.34M$149.39M$179.35M$169.68M$139.10M$131.26M$144.42M$170.62M
Low Forecast$224.63M$209.56M$197.25M$198.20M$212.21M$198.72M$188.68M$180.99M$191.25M$180.49M$174.95M$169.72M$179.38M$157.38M$151.12M$172.87M$179.71M$169.62M$137.38M$157.53M$135.32M$143.94M$124.89M$135.94M$163.20M$154.40M$92.73M$119.44M$131.42M$155.26M
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%-

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 27Jul 27Apr 27Jan 27Oct 26Jul 26Apr 26Jan 26Oct 25Jul 25Apr 25Jan 25Oct 24Jul 24Apr 24Jan 24Oct 23Jul 23Apr 23Jan 23Oct 22Jul 22Apr 22Jan 22Oct 21Jul 21Apr 21Jan 21Oct 20Jul 20
# Analysts464646463581110666106665555666663
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-
Avg Forecast$1.23$1.02$0.82$0.80$1.08$0.92$0.76$0.63$0.81$0.64$0.51$0.42$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
High Forecast$1.27$1.06$0.85$0.82$1.12$0.95$0.79$0.65$0.83$0.66$0.53$0.55$0.76$0.27$0.16$0.48$0.74$0.53$0.64$0.37$0.08$0.35$0.56$0.47$0.89$0.82$0.51$0.47$0.65$0.86
Low Forecast$1.17$0.97$0.78$0.75$1.03$0.87$0.72$0.60$0.77$0.61$0.49$0.23$0.60$0.26$0.15$0.47$0.67$0.49$0.59$0.34$0.07$0.31$0.50$0.42$0.79$0.73$0.45$0.42$0.58$0.76
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%-

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

TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
CLFDClearfield$31.96$48.0050.19%Buy
ADTNADTRAN$8.40$10.0019.05%Buy
GILTGilat Satellite Networks$5.98$7.0017.06%Buy
EXTRExtreme Networks$18.12$21.0015.89%Buy
CMTLComtech Telecommunications$3.18$3.5010.06%Hold
HPEHewlett Packard Enterprise Company$21.54$23.579.42%Buy
HLITHarmonic$13.22$14.257.79%Buy
INFNInfinera$6.60$6.650.76%Hold
VIAVViavi Solutions$10.52$10.530.10%Hold
DGIIDigi$33.11$32.00-3.35%Buy
MSIMotorola Solutions$461.75$440.00-4.71%Buy
JNPRJuniper Networks$37.66$34.00-9.72%Buy
NTGRNETGEAR$25.68$22.00-14.33%Buy
CIENCiena$88.14$65.86-25.28%Buy
LITELumentum$88.92$59.13-33.50%Buy
AAOIApplied Optoelectronics$32.11$17.00-47.06%Buy

CIEN Forecast FAQ

Is Ciena a good buy?

Yes, according to 19 Wall Street analysts, Ciena (CIEN) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 15 'Buy' recommendations, accounting for 78.95% of CIEN's total ratings.

What is CIEN's price target?

Ciena (CIEN) average price target is $65.86 with a range of $59 to $75, implying a -24.63% from its last price of $87.38. The data is based on 19 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 down by -24.63% (from the last price of $87.38 to the average price target of $65.86), down by -14.17% based on the highest stock price target, and down by -32.48% based on the lowest stock price target.

Can Ciena stock reach $130?

CIEN's average twelve months analyst stock price target of $65.86 does not support the claim that Ciena can reach $130 in the near future.

What are Ciena's analysts' financial forecasts?

Ciena's analysts financial forecasts for the fiscal year (Oct 2026) are as follows: average revenue is $4.8B (high $4.92B, low $4.61B), average EBITDA is $693.46M (high $710.52M, low $665.86M), average net income is $493.88M (high $509.67M, low $468.32M), average SG&A $812.96M (high $832.96M, low $780.6M), and average EPS is $3.4 (high $3.51, low $3.22). CIEN's analysts financial forecasts for the fiscal year (Oct 2027) are as follows: average revenue is $5.1B (high $5.23B, low $4.9B), average EBITDA is $737.04M (high $755.17M, low $707.7M), average net income is $562.96M (high $580.97M, low $533.83M), average SG&A $864.04M (high $885.3M, low $829.65M), and average EPS is $3.87 (high $4, low $3.67).

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 $147.52M by -42.63%. 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%