JPMorgan Chase & Co. Forecasts Strong Price Appreciation for Ciena (NYSE:CIEN) Stock

NodeGuardian · 2026-03-19T01:28:20+00:00

JPMorgan Chase raised Ciena's price target to $380 from $250 while keeping an "overweight" rating after Ciena's strong earnings report, suggesting a 6.9% potential upside, despite recent insider stock sales.

NodeGuardian

2026-03-19 01:28:20

Abstract generation in progress

JPMorgan Chase & Co. has increased its price target for Ciena (NYSE:CIEN) to $380 from $250, maintaining an “overweight” rating and suggesting a potential upside of 6.9%. This revised target follows Ciena’s recent earnings beat, where the company reported $0.91 EPS against a $0.76 consensus and a 20.1% revenue increase to $1.35 billion. Despite recent insider stock sales totaling $37.2 million, institutional ownership in Ciena remains high at approximately 92%.

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