Ciena Corporation CIEN
At closeNov 5, 2026, 7:59 PM EST
After hours · Nov 5, 7:59 PM ET
- YTD
- -1.31%
- 1 year
- +17.87%
- Market cap
- 32.73B
- Revenue (ttm)
- 6.02B
- Profit margin
- 10.87%
- EPS (ttm)
- 3.79
- Shares out
- 141.81M
- P/E ratio
- 60.90
- Forward P/E
- 19.35
- YTD return
- -1.31%
- 1-year return
- +17.87%
- Volume
- 6.21M
- Avg volume
- 2.74M
- Open
- 257.94
- Previous close
- 272.24
- Day's range
- 225.57 – 257.51
- 52-week range
- 168.22 – 637.51
- Beta
- 1.35
- Analysts
- Buy
- Price target
- 512.99 (+122.3%)
- Earnings date
- Dec 10, 2026
5D -92.13 (-28.53%)
Key statistics
- Enterprise value
- 39.26B
- PEG ratio
- 0.30
- Price / sales
- 5.41
- Price / book
- 10.66
- Dividend yield
- 0.00%
- Payout ratio
- 0.00%
- Revenue growth
- 37.00%
- Free cash flow
- 633.37M
- Total cash
- 2.63B
- Total debt
- 3.29B
- Return on equity
- 22.40%
- Short % of float
- 4.42%
- 50-day average
- 357.47
- 200-day average
- 405.62
Analyst view
Consensus: buy
- Target (low)
- 347.00
- Target (mean)
- 512.99
- Target (high)
- 660.00
- Strong buy6
- Buy11
- Hold4
- Sell0
- Strong sell0
Next earnings
Dec 10, 2026
Expected Dec 10, 2026. Consensus EPS estimate 2.08.
Financials — quick view
Earnings
| Report date | Quarter ending | EPS estimate | EPS reported | Surprise | Surprise % |
|---|---|---|---|---|---|
| Dec 10, 2026 | Nov 1, 2026 | 2.05 | — | — | — |
| Sep 3, 2026 | Aug 1, 2026 | 1.73 | 2.11 | +0.38 | +21.97% |
| Jun 4, 2026 | May 2, 2026 | 1.46 | 1.64 | +0.18 | +12.33% |
| Mar 5, 2026 | Jan 31, 2026 | 1.17 | 1.35 | +0.18 | +15.38% |
| Dec 11, 2025 | Nov 1, 2025 | 0.78 | 0.91 | +0.13 | +16.67% |
| Sep 4, 2025 | Aug 2, 2025 | 0.53 | 0.67 | +0.14 | +26.42% |
Upgrades / downgrades
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Sep 30, 2026 | Bernstein | init | — | Outperform |
| Sep 21, 2026 | Evercore ISI Group | up | In-Line | Outperform |
| Sep 17, 2026 | Barclays | main | Overweight | Overweight |
| Sep 17, 2026 | Rosenblatt | main | Buy | Buy |
| Sep 17, 2026 | Morgan Stanley | main | Equal-Weight | Equal-Weight |
| Sep 17, 2026 | Needham | reit | Buy | Buy |
About Ciena Corporation
Ciena Corporation, a network technology company, provides hardware, software, and services for various network operators in the Americas, Europe, the Middle East, Africa, the Asia Pacific, Japan, and India. It operates through Networking Platforms, Platform Software and Services, Blue Planet Automation Software and Services, and Global Services segments. The Networking Platforms segment consists optical networking, routing, and switching products and services. This segment products include the 6500 Packet-Optical Platform, Waveserver modular interconnect system, the 6500 Reconfigurable Line System, and coherent pluggable transceivers; and the 3000 family of service delivery platforms and the 5000 family of service aggregation, as well as the 8100 Coherent Routing platforms and virtualization software. The Platform Software and Services segment offers navigator network control suite; and software subscription services, consulting, network migration and integration, installation and upgrade support services, and technical support solutions. The Blue Planet Automation Software and Services segment inventory management, orchestration, route optimization and analysis, and unified assurance and analytics software; and sells subscription, installation, support, consulting, and design services related to the Blue Planet automation platform. The Global Services segment provides services for advisory and enablement, implementation, and maintenance, support, and learning activities. Ciena Corporation was incorporated in 1992 and is headquartered in Fulton, Maryland.
- Sector
- Technology
- Industry
- Communication Equipment
- Country
- United States
- Website
- ciena.com
News
Ciena Up 56% in a Year: Should Investors Buy the Stock Now? 
Ciena Corporation $CIEN Shares Newly Purchased by D.A. Davidson & CO. 
Marvell Technology Confirms Will Acquire Lumentum For 4.5 MRVL Shares Per LITE Share In An All-Stock Deal Valuing LITE At $1,132/Share With An Implied EV Of $115B 
$100 Invested In Ciena 5 Years Ago Would Be Worth This Much Today 
1,579 Ciena Corporation $CIEN Shares Bought by Asset Management One Co. Ltd. 
2 AI Stocks Down 48% to 70% to Buy Now and Hold for 10 Years 
Ciena's Board Opts for Patience Amid Tech Upheavals 
Ciena Corporation $CIEN Stock: Atlatl Advisers LLC Trims Holdings 
SpaceX Is Killing Telecom Stocks: IYZ ETF Hits Longest Losing Streak Ever Against the S&P 500 
Ciena vs. Nokia: Which Optical Networking Stock is the Better Buy?
Your note
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Insider holders
| Insider | Relation | Latest transaction | Date | Shares held |
|---|---|---|---|---|
| CLAFLIN BRUCE L | Director | Sale | Sep 23, 2026 | 0 |
| CUMELLO JOSEPH RONALD | Officer | Sale | Sep 24, 2026 | 39,570 |
| FITT LAWTON WEHLE | Director | Stock Award(Grant) | Mar 25, 2026 | 130,033 |
| GALLAGHER PATRICK T. | Director | Stock Award(Grant) | Mar 25, 2026 | 50,789 |
| GRAFF MARC D. | Chief Financial Officer | Sale | Sep 30, 2026 | 107,136 |
| KOSARAJU SHEELA | Officer | Sale | Sep 30, 2026 | 84,065 |
Institution ownership
| Holder | % held | Shares | Value | Reported |
|---|---|---|---|---|
| FMR, LLC | 13.48% | 19,113,538 | 4.39B | Jun 29, 2026 |
| Blackrock Inc. | 8.97% | 12,718,494 | 2.92B | Jun 29, 2026 |
| JPMORGAN CHASE & CO | 7.90% | 11,206,209 | 2.57B | Jun 29, 2026 |
| Vanguard Capital Management LLC | 6.51% | 9,233,803 | 2.12B | Jun 29, 2026 |
| Vanguard Portfolio Management LLC | 5.42% | 7,680,665 | 1.76B | Jun 29, 2026 |
| State Street Corporation | 4.71% | 6,680,578 | 1.53B | Jun 29, 2026 |
Fund ownership
| Holder | % held | Shares | Value | Reported |
|---|---|---|---|---|
| Fidelity Mt. Vernon Street Trust-Fidelity Growth Company Fund | 3.42% | 4,848,805 | 1.11B | Sep 29, 2026 |
| VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund | 3.17% | 4,488,946 | 1.03B | Jun 29, 2026 |
| JPMorgan Trust II-JPMorgan Large Cap Growth Fund | 3.04% | 4,307,044 | 988.90M | Jun 29, 2026 |
| VANGUARD INDEX FUNDS-Vanguard 500 Index Fund | 2.58% | 3,663,385 | 841.11M | Jun 29, 2026 |
| VANGUARD INDEX FUNDS-Vanguard Mid-Cap Index Fund | 2.16% | 3,063,673 | 703.42M | Jun 29, 2026 |
| iShares Trust-iShares Core S&P 500 ETF | 1.33% | 1,886,745 | 433.20M | Sep 29, 2026 |