Weekly Investment Analysts’ Ratings Updates for Ciena (CIEN)

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.

Ciena Corporation (NYSE: CIEN) is a global supplier of telecommunications networking equipment, software and services. The company develops high-capacity optical transport systems and packet-optical platforms that enable service providers, cloud operators and large enterprises to build, manage and scale their networks. Ciena’s product portfolio includes coherent optical solutions, packet networking platforms and a suite of network automation software designed to optimize bandwidth, reduce latency and simplify network operations.

In addition to hardware offerings, Ciena provides professional services and support, including network design, implementation and ongoing maintenance.