Stifel Raises its Price Target on Ciena (CIEN)

On May 29, 2026, Stifel raised the firm’s terms people connected Ciena Corporation (NYSE:CIEN) to $615 from $585 and maintained a Buy standing connected the shares. Stifel said it expects Ciena’s fiscal Q2 results to widen the Q1 “beat-raise motif.”

Citi expert Atif Malik besides raised the firm’s terms people connected Ciena Corporation (NYSE:CIEN) to $658 from $345 and maintained a Buy standing connected the shares up of the April 4th study connected June 4. Malik said the company’s fiscal 2027 and 2028 maturation expectations person “materially increased” owed to stronger request for optical connectivity.

Similarly, TD Cowen expert Sean O’Loughlin raised the firm’s terms people connected Ciena to $675 from $425 and maintained a Buy rating. O’Loughlin said AI capex continues to determination higher arsenic investors look for the adjacent infrastructure “bottleneck,” driving a “bifurcation wrong the infrastructure trade” arsenic optical names commercialized higher connected expectations of shortages. TD Cowen present sees $1.3 trillion successful information halfway silicon spending by 2030, up from $1.2 trillion previously.

Pixabay/Public Domain

Ciena Corporation (NYSE:CIEN) provides hardware, software, and services for web operators crossed the Americas, Europe, the Middle East, Africa, the Asia Pacific, Japan, and India.

While we admit the imaginable of CIEN arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

READ NEXT: 33 Stocks That Should Double successful 3 Years and Cathie Wood 2026 Portfolio: 10 Best Stocks to Buy. 

Disclosure: None. Follow Insider Monkey connected Google News.