Ciena stock: Bank of America holds USD 550 target for Ciena stock

Published on 10/16/2026 at 16:59 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Fiscal third-quarter revenue reached USD 1.67 billion on August 1, 2026. Ciena stock costs EUR 305.60 on October 16, 2026 at 4:42 p.m. CEST.

Analyst target and quarterly figures

Bank of America maintained a USD 550.00 target for Ciena on October 13, 2026.
Fiscal third-quarter revenue reached USD 1.67 billion, compared with USD 1.57 billion in the prior quarter.
Ciena stock costs EUR 305.60 at Lang & Schwarz on October 16, 2026 at 4:42 p.m. CEST.
Ciena carried a USD 48.7 billion market capitalization and a 76.56 price-to-earnings ratio.

CIEN, US1717793095, Illustration mit AI erstellt.

Bank of America maintained a USD 550.00 price target and a Buy rating for Ciena on October 13, 2026, according to Yahoo Finance. The target stood 60.30 percent above the USD 343.11 primary-exchange price used for the comparison. Ciena stock was trading at EUR 305.60 at Lang & Schwarz on October 16, 2026 at 4:42 p.m. CEST.

Revenue reached USD 1.67 billion

Ciena's fiscal third-quarter 2026 revenue reached USD 1.67 billion for the period ended August 1, 2026. That was 6.39 percent above the USD 1.57 billion recorded in fiscal second quarter 2026. The company's quarterly-report materials identify fiscal third quarter 2026 as the latest reported period, according to Ciena.

Stock sits below its yearly high

On the NYSE, Ciena was trading at USD 343.11 on October 16, 2026 at 10:56 a.m. EDT. The session range was USD 337.06 to USD 354.60, while volume stood at 441,163 shares against an average of 2,538,503 shares. Its 52-week range was USD 159.56 to USD 637.51, placing the price 46.18 percent below the high.

Valuation and next report date

Ciena's market capitalization was USD 48.7 billion on October 16, 2026, and its price-to-earnings ratio was 76.56. The next quarterly report is scheduled for December 9, 2026, before the market opens, according to Sync2Cal.

Price position remains the key marker

The current euro quotation places the German-market indication below the primary-exchange dollar quotation after currency differences are considered. For investors, the contrast between the USD 550.00 analyst target and the USD 343.11 primary-exchange price is the clearest valuation reference in the latest market picture.

Ciena stock was trading at EUR 305.60 at Lang & Schwarz on October 16, 2026 at 4:42 p.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Ciena stock.