Ciena (CIEN) Stock Price, News & Analysis

Company Overview

Ciena is a communications networking company that develops equipment, software and services used to build and manage telecommunications networks. Its offerings support the movement of data across fiber-optic, subsea and other network infrastructure.

The company’s products include optical transport systems, routing and switching equipment, and software for network automation and management. Ciena also provides consulting, implementation and support services to help customers plan, deploy and operate their networks.

Founded in 1992 and headquartered in Hanover, Maryland, Ciena serves communications service providers, governments, enterprises and other organizations around the world. Gary Smith is the company’s president and chief executive officer.

Key Stats

• Today's Range: $236.59 to $256.48
• 50-Day Range: $229.88 to $450.40
• 52-Week Range: $168.22 to $637.51
• Volume: 4.72 million shs
• Average Volume: 3.29 million shs
• Market Capitalization: $34.45 billion
• P/E Ratio: 54.23
• Dividend Yield: N/A
• Price Target: $485.93
• Consensus Rating: Moderate Buy

Ciena Stock Analysis - MarketRank™

Ciena scored higher than 87% of companies evaluated by MarketBeat, and ranked 127th out of 584 stocks in the technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 4.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Ciena has received a consensus rating of Moderate Buy. The company's average rating score is 2.77, and is based on 1 strong buy rating, 15 buy ratings, 6 hold ratings, and no sell ratings.

Upside Potential

Ciena has a consensus price target of $485.93, representing about 100.0% upside from its current price of $242.93.

Amount of Analyst Coverage

Ciena has been the subject of 18 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 73.17%

Earnings Growth

Earnings for Ciena are expected to grow by 73.17% in the coming year, from $6.00 to $10.39 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Ciena is 54.23, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 25.44.

Price to Earnings Ratio vs. Sector

The P/E ratio of Ciena is 54.23, which means that it is trading at a more expensive P/E ratio than the Technology sector average P/E ratio of about 41.95.

Price to Earnings Growth Ratio

Ciena has a PEG Ratio of 2.28. 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 12.55. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.83% 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 1.16, 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 3.00%, indicating that investor sentiment is decreasing.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Ciena does not currently pay a dividend.

Dividend Growth

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

News and Social Media

• Score: 3.5 / 5
• News Sentiment: 0.58

News Sentiment

Ciena has a news sentiment score of 0.58. 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 0.48 average news sentiment score of Technology companies.

News Coverage This Week

MarketBeat has tracked 14 news articles for Ciena this week, compared to 8 articles on an average week.

Search Interest

Only 84 people have searched for CIEN on MarketBeat in the last 30 days. This is a decrease of -15% compared to the previous 30 days.

MarketBeat Follows

38 people have added Ciena to their MarketBeat watchlist in the last 30 days. This is an increase of 41% compared to the previous 30 days.

Company Ownership

• Score: 1.4 / 5
• Insider Trading: Selling Shares

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 $13,216,540.00 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.

Company Calendar

• Last Earnings: 9/03/2026
• Today: 11/06/2026
• Next Earnings (Estimated): 12/10/2026
• Fiscal Year End: 10/31/2027

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Technology
• Industry: Communications Equipment
• Sub-Industry: Communications Equipment
• Current Symbol: NYSE:CIEN
• CIK: 936395
• Web: www.ciena.com
• Phone: (410) 694-5700
• Fax: 410-694-5750
• Employees: 9,080
• Year Founded: 1992

Price Target and Rating

• Average Price Target for Ciena: $485.93
• High Price Target: $658.00
• Low Price Target: $240.00
• Potential Upside/Downside: +100.0%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.77
• Research Coverage: 22 Analysts

Profitability

• EPS (Trailing Twelve Months): $4.48
• Trailing P/E Ratio: 54.23
• Forward P/E Ratio: 23.38
• P/E Growth: 2.28
• Net Income: $123.34 million
• Net Margins: 10.87%
• Pretax Margin: 12.05%
• Return on Equity: 25.33%
• Return on Assets: 11.27%

Debt

• Debt-to-Equity Ratio: 1.06
• Current Ratio: 3.80
• Quick Ratio: 3.17

Sales & Book Value

• Annual Sales: $4.77 billion
• Price / Sales: 7.22
• Cash Flow: $2.29 per share
• Price / Cash Flow: 106.06
• Book Value: $19.35 per share
• Price / Book: 12.55

Miscellaneous

• Outstanding Shares: 141,810,000
• Free Float: 140,987,000
• Market Cap: $34.45 billion
• Optionable: Optionable
• Beta: 1.33