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NYSE:CIEN

Ciena (CIEN) Stock Price, News & Analysis

Ciena logo
$623.07 -3.93 (-0.63%)
Closing price 03:58 PM Eastern
Extended Trading
$606.75 -16.32 (-2.62%)
As of 08:00 PM 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)

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Key Stats

Today's Range
$609.79
$637.51
50-Day Range
$365.86
$628.98
52-Week Range
$70.77
$637.51
Volume
2.64 million shs
Average Volume
2.03 million shs
Market Capitalization
$88.10 billion
P/E Ratio
396.86
Dividend Yield
N/A
Price Target
$420.39
Consensus Rating
Moderate Buy

Company Overview

Ciena Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
62nd Percentile Overall Score

CIEN MarketRank™: 

Ciena scored higher than 62% of companies evaluated by MarketBeat, and ranked 345th out of 630 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 $420.39, representing about 32.5% downside from its current price of $623.07.

  • 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 396.86, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 44.56.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Ciena is 396.86, 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 173.10.

  • Price to Book Value per Share Ratio

    Ciena has a P/B Ratio of 32.20. 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

    3.22% 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 2.41, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Ciena has recently increased by 3.75%, indicating that investor sentiment is decreasing.
  • 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 1.21. 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 0.72 average news sentiment score of Computer and Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 31 news articles for Ciena this week, compared to 10 articles on an average week.
  • Search Interest

    79 people have searched for CIEN on MarketBeat in the last 30 days. This is an increase of 3% compared to the previous 30 days.
  • MarketBeat Follows

    56 people have added Ciena to their MarketBeat watchlist in the last 30 days. This is an increase of 124% 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 $19,502,359.00 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.
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CIEN Stock News Headlines

Gary Smith Sells 2,952 Shares of Ciena (NYSE:CIEN) Stock
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The "Sucker's Bet" Most New Options Traders Fall For Most people who try options lose money the same way. They don't know the rules. They don't know what to avoid. And they hand their account to Wall Street on a silver platter. Normally $29.97. Free today.tc pixel
10 Best Data Center Stocks with Huge Upside Potential
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.
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.
See More Headlines

CIEN Stock Analysis - Frequently Asked Questions

Ciena's stock was trading at $233.37 at the beginning of 2026. Since then, CIEN stock has increased by 167.0% and is now trading at $623.0710.

Ciena Corporation (NYSE:CIEN) issued its quarterly earnings data on Thursday, March, 5th. The communications equipment provider reported $1.35 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.17 by $0.18. Ciena's revenue was up 33.1% on a year-over-year basis.
Read the conference call transcript
.

Ciena's board authorized a stock buyback program on Wednesday, October 2nd 2024, which authorizes the company to repurchase $1,000,000,000 in shares, according to EventVestor. This means that the company could reacquire up to 10.5% of its shares through open market purchases. Shares buyback programs are typically 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 more.

Ciena's top institutional shareholders include Bank of America Corp DE (1.38%), Arrowstreet Capital Limited Partnership (0.98%), Dimensional Fund Advisors LP (0.81%) and Bank of New York Mellon Corp (0.66%). 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
6/03/2026
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
$675.00
Low Price Target
$185.00
Potential Upside/Downside
-32.5%
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
396.86
Forward P/E Ratio
121.22
P/E Growth
N/A
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
18.47
Cash Flow
$2.66 per share
Price / Cash Flow
233.87
Book Value
$19.35 per share
Price / Book
32.20

Miscellaneous

Outstanding Shares
141,400,000
Free Float
140,578,000
Market Cap
$88.10 billion
Optionable
Optionable
Beta
1.24

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This page (NYSE:CIEN) was last updated on 6/3/2026 by MarketBeat.com Staff.
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