Ciena Corp (CIEN)

Currency in USD
463.41
+17.43(+3.91%)
Closed·
462.62-0.79(-0.17%)
·
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Fair Value
Day's Range
447.63479.51
52 wk Range
72.56637.51
Key Statistics
Prev. Close
445.98
Open
469.95
Day's Range
447.63-479.51
52 wk Range
72.56-637.51
Volume
3.83M
Average Volume (3m)
2.86M
1-Year Change
542.1979%
Book Value / Share
20.45
Fair Value
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Fair Value Upside
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CIEN Scorecardpro icon
Company’s Health
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Fair Value
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Fair Price
Upside
Price Target
564.92
Upside
+21.90%
Members' Sentiments
Bearish
Bullish
ProTips
Analysts anticipate sales growth in the current year

Ciena Corp News & Analysis

Show more

Technical Analysis

Summary
Strong Sell
Sell
Neutral
Buy
Strong Buy
Strong Buy
Technical Indicators
Strong Buy
Moving Averages
Buy

Analyst Ratings

13 Buy
6 Hold
1 Sell
Ratings:
20 analysts
Overall Consensus
Buy

Analysts 12-Month Price Target:

Average 564.92
(+21.90% Upside)
Firm
ArticlePositionPrice TargetUpside / DownsideFrom Price TargetActionDate
Barclays
Buy607.00+30.99%372.00MaintainJun 08, 2026
Morgan Stanley
Hold490.00+5.74%405.00MaintainJun 05, 2026
UBS
Hold508.00+9.62%285.00MaintainJun 05, 2026
Stifel
Buy615.00+32.71%-MaintainJun 04, 2026
Needham
Buy600.00+29.47%470.00MaintainJun 04, 2026

Ciena Corp SWOT Analysis


Financial Prowess
Ciena's robust performance, with $4.54B revenue and 41.57% gross margin, signals strong market positioning and operational efficiency
Technological Edge
Explore Ciena's leadership in WaveLogic 6e solutions and pluggable technologies, driving innovation in high-capacity networking
Market Expansion
Delve into Ciena's strategic moves in cloud services and potential entry into the data center market, opening new revenue streams
Analyst Outlook
Discover varied price targets ranging from $75 to $138, reflecting diverse perspectives on Ciena's growth potential and market value
Read full SWOT analysis

Ciena Corp Earnings Call Summary for Q2/2026

  • Ciena Q2 2026 revenue hit $1.57B (up 40% YoY) and EPS of $1.64 beat forecast by 12.33%, driven by Optical Networking (+42%) and Routing/Switching (+88%)
  • Stock plunged 16.1% pre-market to $548 despite earnings beat, as P/E ratio of 399 and overvaluation concerns overshadowed record quarterly performance
  • Adjusted gross margin improved to 44.9% from 40.9% YoY; free cash flow reached $219M (13.9% of revenue) with strong liquidity ratio of 2.81
  • High customer concentration risk identified with two cloud providers; executives project continued growth from hyperscaler demand and AI infrastructure needs
  • Supply chain constraints and regulatory challenges cited as key risks; management emphasizes diversification efforts and strategic initiatives in data center solutions
Last Updated: 2026/06/04, 15:40
Read Full Transcript

Earnings

Latest Release
Jun 04, 2026
EPS / Forecast
1,64 / 1,46
Revenue / Forecast
1,57B / 1,5B
EPS Revisions
Last 90 days

CIEN Income Statement

Compare CIEN to Peers and Sector

Metrics to compare
CIEN
Peers
Sector
Relationship
P/E Ratio
144.0x18.8x12.6x
PEG Ratio
0.460.010.01
Price/Book
21.8x2.8x2.4x
Price / LTM Sales
11.3x1.6x2.4x
Upside (Analyst Target)
34.5%1.0%24.0%
Fair Value Upside
Unlock3.6%4.2%Unlock

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 Hanover, Maryland.

Ownership

Ownership Overview

Type
Common Stock Held% of Shares OutstandingMarket Value
Mutual Funds & ETFs
80,39M56,79%35,85B
Other Institutional Investors
56,70M40,06%25,29B
Public Companies & Retail Investors
4,47M3,16%1,99B
Total
141,55M100,00%63,13B

Top Holders

Holder
% of holding
Shares Held
Date Reported
Value (In 1,000s)
FMR LLC14,98%21 203 1779 456 193
BlackRock, Inc.9,45%13 373 4695 964 300

FAQ

What Is the Ciena Corp (CIEN) Stock Price Today?

The Ciena Corp stock price today is 463,41 USD.

What Stock Exchange Does Ciena Corp Trade On?

Ciena Corp is listed and trades on the New York Stock Exchange.

What Is the Stock Symbol for Ciena Corp?

The stock symbol for Ciena Corp is "CIEN."

What Is the Ciena Corp Market Cap?

As of today, Ciena Corp market cap is 65,39B USD.

What Is Ciena Corp's Earnings Per Share (TTM)?

The Ciena Corp EPS (TTM) is 3,01.

When Is the Next Ciena Corp Earnings Date?

Ciena Corp will release its next earnings report on Sep 03, 2026.

From a Technical Analysis Perspective, Is CIEN a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Sell.

How Many Times Has Ciena Corp Stock Split?

Ciena Corp has split 2 times.

How Many Employees Does Ciena Corp Have?

Ciena Corp has 8989 employees.

What is the current trading status of Ciena Corp (CIEN)?

As of Jun 15, 2026, Ciena Corp (CIEN) is trading at a price of 463,41 USD, with a previous close of 445,98 USD. The stock has fluctuated within a day range of 447,63 USD to 479,51 USD, while its 52-week range spans from 72,56 USD to 637,51 USD.

What Is Ciena Corp (CIEN) Price Target According to Analysts?

The average 12-month price target for Ciena Corp is 564,92 USD, with a high estimate of 720 USD and a low estimate of 270 USD. 13 analysts recommend buying the stock, while 1 suggest selling, leading to an overall rating of Buy. The stock has an +21,90% Upside potential.

What Is the CIEN Premarket Price?

CIEN's last pre-market stock price is 469,38 USD. The pre-market share volume is 62 250,00, and the stock has decreased by 23,40, or 5,25%.

What Is the CIEN After Hours Price?

CIEN's last after hours stock price is 462,62 USD, the stock has decreased by -0,79, or -0,17%.
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