Free Trial
NYSE:CIEN

Ciena (CIEN) Stock Price, News & Analysis

Ciena logo
$578.44 +1.29 (+0.22%)
Closing price 05/13/2026 03:59 PM Eastern
Extended Trading
$575.17 -3.27 (-0.57%)
As of 05:05 AM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.

About Ciena Stock (NYSE:CIEN)

Advanced

Key Stats

Today's Range
$562.50
$598.84
50-Day Range
$293.42
$580.31
52-Week Range
$70.77
$598.84
Volume
1.27 million shs
Average Volume
2.13 million shs
Market Capitalization
$81.79 billion
P/E Ratio
368.44
Dividend Yield
N/A
Price Target
$367.56
Consensus Rating
Moderate Buy

Company Overview

Ciena Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
70th Percentile Overall Score

CIEN MarketRank™: 

Ciena scored higher than 70% of companies evaluated by MarketBeat, and ranked 283rd out of 631 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Ciena has received a consensus rating of Moderate Buy. The company's average rating score is 2.75, and is based on 1 strong buy rating, 13 buy ratings, 6 hold ratings, and no sell ratings.

  • Downside Risk

    Ciena has a consensus price target of $367.56, representing about 36.5% downside from its current price of $578.44.

  • Amount of Analyst Coverage

    Ciena has been the subject of 16 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about Ciena's stock forecast and price target.
  • Earnings Growth

    Earnings for Ciena are expected to grow by 52.54% in the coming year, from $5.12 to $7.81 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Ciena is 368.44, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 44.35.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Ciena is 368.44, which means that it is trading at a more expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 164.47.

  • Price to Earnings Growth Ratio

    Ciena has a PEG Ratio of 1.89. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    Ciena has a P/B Ratio of 29.89. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about Ciena's valuation and earnings.
  • Percentage of Shares Shorted

    3.11% of the float of Ciena has been sold short.
  • Short Interest Ratio / Days to Cover

    Ciena has a short interest ratio ("days to cover") of 2.02, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Ciena has recently decreased by 7.00%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    Ciena does not currently pay a dividend.

  • Dividend Growth

    Ciena does not have a long track record of dividend growth.

  • News Sentiment

    Ciena has a news sentiment score of 1.09. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.62 average news sentiment score of Computer and Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 26 news articles for Ciena this week, compared to 11 articles on an average week.
  • Search Interest

    Only 54 people have searched for CIEN on MarketBeat in the last 30 days. This is a decrease of -33% compared to the previous 30 days.
  • MarketBeat Follows

    51 people have added Ciena to their MarketBeat watchlist in the last 30 days. This is an increase of 113% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Ciena insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $17,418,863.00 in company stock.

  • Percentage Held by Insiders

    0.58% of the stock of Ciena is held by insiders.

  • Percentage Held by Institutions

    91.99% of the stock of Ciena is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Ciena's insider trading history.
Receive CIEN Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Ciena and its competitors with MarketBeat's FREE daily newsletter.

SMS is currently available in Australia, Belgium, Canada, France, Germany, Ireland, Italy, New Zealand, the Netherlands, Singapore, South Africa, Spain, Switzerland, the United Kingdom, and the United States. By entering your phone number and clicking the sign-up button, you agree to receive periodic text messages from MarketBeat at the phone number you submitted, including texts that may be sent using an automatic telephone dialing system. Message and data rates may apply. Message frequency will vary. Messages will consist of stock alerts, news stories, and partner advertisements/offers. Consent is not a condition of the purchase of any goods or services. Text HELP for help/customer support. Unsubscribe at any time by replying "STOP" to any text message that you receive from MarketBeat or by visiting our mailing preferences page. Read our full terms of service and privacy policy.

CIEN Stock News Headlines

A stylized digital pickaxe strikes glowing crystals on a circuit board inside a server room.
Beyond NVIDIA: Picks-and-Shovels AI Plays with Strong Momentum (CIEN)
As AI investment rotates beyond NVIDIA, Vertiv, Cadence Design Systems, and Ciena have emerged as key picks-and-shovels plays in cooling, chip design, and networking.
The one number Musk can't hide in the S-1
When SpaceX files its S-1 in June, one number will stand out - power consumption. Running 1 million GPUs requires more electricity than some small countries use in a year, and SEC rules require it be disclosed. When that figure goes public, every analyst on Wall Street will race to identify the supplier. One small company already has a $1.5 billion backlog - and Dylan Jovine has the name and ticker.tc pixel
Corning logo displayed beside coiled fiber optic cables with a blue SC connector in a laboratory setting.
Light Speed Returns: Corning Cashes In on NVIDIA Growth (CIEN)
Corning secures massive capital from major tech leaders to radically scale domestic fiber optic manufacturing capacity for modern artificial intelligence.
Sunset silhouette of an oil pumpjack
The Nasdaq's Historic Rally Doesn't Mean the Risk Is Gone (CIEN)
Marc Chaikin of Chaikin Analytics shares seven bullish stock picks across AI infrastructure and semiconductors while warning investors to trim software and cybersecurity holdings.
See More Headlines

CIEN Stock Analysis - Frequently Asked Questions

Ciena's stock was trading at $233.37 at the start of the year. Since then, CIEN stock has increased by 147.9% and is now trading at $578.4420.

Ciena Corporation (NYSE:CIEN) issued its earnings results on Thursday, March, 5th. The communications equipment provider reported $1.35 EPS for the quarter, beating the consensus estimate of $1.17 by $0.18. The business's revenue for the quarter was up 33.1% compared to the same quarter last year.
Read the conference call transcript
.

Ciena's Board of Directors approved a stock buyback program on Wednesday, October 2nd 2024, which authorizes the company to repurchase $1,000,000,000 in outstanding shares, according to EventVestor. This means that the company could repurchase up to 10.5% of its shares through open market purchases. Shares buyback programs are often a sign that the company's management believes its shares are undervalued.

Ciena subsidiaries include these companies: Centina Systems Inc, DonRiver, Packet Design, cyan, World Wide Packets, PhyFlex Networks, Catena Networks, and others.

Top institutional investors of Ciena include Dimensional Fund Advisors LP (0.81%), Bank of New York Mellon Corp (0.66%), First Trust Advisors LP (0.31%) and Swiss National Bank (0.29%). Insiders that own company stock include David M Rothenstein, Scott Mcfeely, Dino Diperna, Patrick Gallagher, Patrick Gallagher, Joseph Cumello, Brodie Gage, Andrew C Petrik, Thomas Michael Nevens and Jason Phipps.
View institutional ownership trends
.

Shares of CIEN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Based on aggregate information from My MarketBeat watchlists, some other companies that Ciena investors own include NVIDIA (NVDA), Meta Platforms (META), Broadcom (AVGO), Advanced Micro Devices (AMD), Adobe (ADBE), CrowdStrike (CRWD) and ServiceNow (NOW).

Company Calendar

Last Earnings
3/05/2026
Today
5/13/2026
Next Earnings (Estimated)
6/04/2026
Fiscal Year End
10/31/2026

Industry, Sector and Symbol

Stock Exchange
NYSE
Industry
Communications Components
Sub-Industry
Communications Equipment
Current Symbol
NYSE:CIEN
CIK
936395
Employees
9,080
Year Founded
1992

Price Target and Rating

High Price Target
$585.00
Low Price Target
$185.00
Potential Upside/Downside
-36.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.75
Research Coverage
20 Analysts

Profitability

EPS (Trailing Twelve Months)
$1.57
Trailing P/E Ratio
368.44
Forward P/E Ratio
112.98
P/E Growth
1.89
Net Income
$123.34 million
Net Margins
4.47%
Pretax Margin
5.25%
Return on Equity
12.09%
Return on Assets
5.79%

Debt

Debt-to-Equity Ratio
0.55
Current Ratio
2.81
Quick Ratio
2.14

Sales & Book Value

Annual Sales
$4.77 billion
Price / Sales
17.15
Cash Flow
$2.69 per share
Price / Cash Flow
215.27
Book Value
$19.35 per share
Price / Book
29.89

Miscellaneous

Outstanding Shares
141,400,000
Free Float
140,578,000
Market Cap
$81.79 billion
Optionable
Optionable
Beta
1.24

Social Links

7 Stocks That Could Be Bigger Than Tesla, Nvidia, and Google Cover

Looking for the next FAANG stock before everyone has heard about it? Click the link to see which stocks MarketBeat analysts think might become the next trillion dollar tech company.

Get This Free Report

This page (NYSE:CIEN) was last updated on 5/14/2026 by MarketBeat.com Staff.
From Our Partners