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CIEN

Ciena Corporation

Technology · USD

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Price alert · CIEN

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320.72 USD -28.73 -8.22%
As of Oct 30, 2026 Extended hours 323.87 +0.98%
Bid
320.62 × 80
Ask
320.78 × 40
313.27 Day range 332.72
176.45 52-week range 627.00
YTD
+37.14%
1 year
+69.73%
Open
326.00
Prev close
349.45
Mkt cap
45.48B
Vol
3.10M
Avg vol
2.62M
EPS
4.47
P/E
71.75
Div yield
0.00%
More statistics
Low
313.27
High
332.72
Forward P/E
26.62
Beta
1.29
Short ratio
1.31
Inst. own
96.09%
Dividend
0.00
Ex-div date
Earnings
Dec 10, 2026
50-d avg
364.88
200-d avg
404.56
1y target
512.99

MAX chart

Chart tools
Interval
CIEN all-time price chart4.98268.0531.0794.01057Mar 97Feb 03Jan 09Jan 15Dec 20Oct 26

Key statistics

Market cap
44.77B
Enterprise value
50.21B
Trailing P/E
70.63
Forward P/E
26.62
PEG ratio
0.35
Price / sales
7.44
Price / book
14.66
EPS (TTM)
4.47
Beta
1.29
Dividend yield
0.00%
Payout ratio
0.00%
Profit margin
10.87%
Revenue (TTM)
6.02B
Revenue growth
37.00%
Free cash flow
633.37M
Total cash
2.63B
Total debt
3.29B
Return on equity
22.40%
Shares outstanding
141.81M
Short % of float
4.42%
50-day average
364.88
200-day average
404.56

Analyst view

Consensus: buy

Buy
Price target (mean) 512.99 +59.9% upside
Target (low)
347.00
Target (mean)
512.99
Target (high)
660.00
Ratings (0m) 21 16 buy · 5 hold · 0 sell
  • Strong buy5
  • Buy11
  • Hold5
  • Sell0
  • Strong sell0

Next earnings

Dec 10, 2026

Expected Dec 10, 2026. Consensus EPS estimate 2.08.

Earnings history

Financials — quick view

All financials
CIEN Revenue — quarterly 1.67B
2022-Q4 20222023-Q1 20222023-Q2 20232023-Q3 20232023-Q4 20232024-Q1 20232024-Q2 20242024-Q3 20242024-Q4 20242025-Q1 20242025-Q2 20252025-Q3 20252025-Q4 20252026-Q1 20252026-Q2 20262026-Q3 2026
CIEN Net income — quarterly 266.42M
2022-Q4 20222023-Q1 20222023-Q2 20232023-Q3 20232023-Q4 20232024-Q1 20232024-Q2 20242024-Q3 20242024-Q4 20242025-Q1 20242025-Q2 20252025-Q3 20252025-Q4 20252026-Q1 20252026-Q2 20262026-Q3 2026
CIEN EPS — quarterly 1.88
2022-Q4 20222023-Q1 20222023-Q2 20232023-Q3 20232023-Q4 20232024-Q1 20232024-Q2 20242024-Q3 20242024-Q4 20242025-Q1 20242025-Q2 20252025-Q3 20252025-Q4 20252026-Q1 20252026-Q2 20262026-Q3 2026

Earnings

CIEN recent earnings
Report dateQuarter endingEPS estimateEPS reportedSurpriseSurprise %
Dec 10, 2026Nov 1, 20262.05———
Sep 3, 2026Aug 1, 20261.732.11+0.38+21.97%
Jun 4, 2026May 2, 20261.461.64+0.18+12.33%
Mar 5, 2026Jan 31, 20261.171.35+0.18+15.38%
Dec 11, 2025Nov 1, 20250.780.91+0.13+16.67%
Sep 4, 2025Aug 2, 20250.530.67+0.14+26.42%

Upgrades / downgrades

CIEN analyst upgrades and downgrades
DateFirmActionFromTo
Sep 30, 2026Bernsteininit—Outperform
Sep 21, 2026Evercore ISI GroupupIn-LineOutperform
Sep 17, 2026BarclaysmainOverweightOverweight
Sep 17, 2026RosenblattmainBuyBuy
Sep 17, 2026Morgan StanleymainEqual-WeightEqual-Weight
Sep 17, 2026NeedhamreitBuyBuy

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

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Insider holders

CIEN insider holders
InsiderRelationLatest transactionDateShares held
CLAFLIN BRUCE LDirectorSaleSep 23, 20260
CUMELLO JOSEPH RONALDOfficerSaleSep 24, 202639,570
FITT LAWTON WEHLEDirectorStock Award(Grant)Mar 25, 2026130,033
GALLAGHER PATRICK T.DirectorStock Award(Grant)Mar 25, 202650,789
GRAFF MARC D.Chief Financial OfficerSaleSep 30, 2026107,136
KOSARAJU SHEELAOfficerSaleSep 30, 202684,065

Institution ownership

CIEN institution ownership
Holder% heldSharesValueReported
FMR, LLC13.48%19,113,5386.03BJun 29, 2026
Blackrock Inc.8.97%12,718,4944.02BJun 29, 2026
JPMORGAN CHASE & CO7.90%11,206,2093.54BJun 29, 2026
Vanguard Capital Management LLC6.51%9,233,8032.92BJun 29, 2026
Vanguard Portfolio Management LLC5.42%7,680,6652.43BJun 29, 2026
State Street Corporation4.71%6,680,5782.11BJun 29, 2026

Fund ownership

CIEN fund ownership
Holder% heldSharesValueReported
Fidelity Mt. Vernon Street Trust-Fidelity Growth Company Fund3.72%5,279,4051.67BAug 30, 2026
VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund3.17%4,488,9461.42BJun 29, 2026
JPMorgan Trust II-JPMorgan Large Cap Growth Fund3.04%4,307,0441.36BJun 29, 2026
VANGUARD INDEX FUNDS-Vanguard 500 Index Fund2.58%3,663,3851.16BJun 29, 2026
VANGUARD INDEX FUNDS-Vanguard Mid-Cap Index Fund2.16%3,063,673967.31MJun 29, 2026
iShares Trust-iShares Core S&P 500 ETF1.33%1,886,745595.71MSep 29, 2026
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