Ciena (CIEN) Stock Price, News & Analysis

Company Overview

Ciena Corporation is a global supplier of networking solutions, specializing in the design, manufacturing, and support of optical and packet transport technologies. The company’s portfolio encompasses high-capacity optical systems, packet-optical transport platforms, coherent optics, and software-defined networking solutions. Ciena’s offerings enable service providers, enterprises, and cloud operators to build scalable, resilient, and programmable networks that meet the growing demands of bandwidth-intensive applications.

At the core of Ciena’s product lineup are its wavelength-division multiplexing (WDM) systems, which deliver high-speed optical transport across metro, regional, and long-haul networks. These systems are complemented by packet networking platforms that facilitate seamless integration of Ethernet, MPLS, and IP services. In addition, Ciena provides a suite of network automation and orchestration software, including analytics-driven control planes and intent-based networking tools that help customers optimize network performance and reduce operational complexity.

Founded in 1992 by a team of optical networking pioneers, Ciena went public in 1997 and has since grown into a leading communications technology provider. Under the leadership of President and CEO Gary B. Smith, the company has continued to invest in research and development, securing a portfolio of innovations in coherent optics, adaptive networking, and software applications. Ciena’s collaborative approach with ecosystem partners and tier-one carriers has played a key role in advancing industry standards and accelerating the adoption of next-generation networks.

With headquarters in Hanover, Maryland, Ciena serves customers in over 80 countries across the Americas, Europe, Middle East, Africa, and Asia-Pacific regions. Its solutions underpin the infrastructure of major service providers, hyperscale data centers, government agencies, and large enterprises. By focusing on open architectures and multi-vendor interoperability, Ciena helps organizations meet evolving connectivity requirements while positioning their networks for future growth.

Key Stats

• Today's Range: $79.76 to $81.84
• 50-Day Range: $66.00 to $83.91
• 52-Week Range: $44.89 to $101.44
• Volume: 1.08 million shs
• Average Volume: 2.12 million shs
• Market Capitalization: $11.50 billion
• P/E Ratio: 113.03
• Dividend Yield: N/A
• Price Target: $84.31
• Consensus Rating: Moderate Buy

Ciena Stock Analysis - MarketRank™

Ciena scored higher than 86% of companies evaluated by MarketBeat, and ranked 379th out of 1,998 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Ciena has received a consensus rating of Moderate Buy. The company's average rating score is 2.71, and is based on 8 buy ratings, 5 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Ciena has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 59.38%

Earnings Growth

Earnings for Ciena are expected to grow by 59.38% in the coming year, from $1.60 to $2.55 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Ciena is 113.03, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 25.56.

Price to Earnings Ratio vs. Sector

The P/E ratio of Ciena is 113.03, 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 37.03.

Price to Earnings Growth Ratio

Ciena has a PEG Ratio of 1.78. 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 4.14. 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

3.51% 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 2.2, 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 29.52%, indicating that investor sentiment is decreasing significantly.

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.

Sustainability and ESG

• Score: 3.9 / 5
• Environmental Score: -0.77

Percentage of Shares Shorted

3.51% 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 2.2, 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 29.52%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 3.0 / 5
• News Sentiment: 0.32

News Sentiment

Ciena has a news sentiment score of 0.32. 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 lower news sentiment than the 0.62 average news sentiment score of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 19 news articles for Ciena this week, compared to 14 articles on an average week.

Search Interest

11 people have searched for CIEN on MarketBeat in the last 30 days. This is an increase of 175% compared to the previous 30 days.

MarketBeat Follows

3 people have added Ciena to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 2.5 / 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 $3,115,199.00 in company stock.

Percentage Held by Insiders

Only 0.93% 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.

CIEN Stock Analysis - Frequently Asked Questions

How have CIEN shares performed this year?

Ciena's stock was trading at $84.81 at the start of the year. Since then, CIEN shares have decreased by 4.0% and is now trading at $81.38.

How were Ciena's earnings last quarter?

Ciena Corporation (NYSE:CIEN) posted its earnings results on Thursday, June, 5th. The communications equipment provider reported $0.42 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.50 by $0.08. The business's quarterly revenue was up 23.6% on a year-over-year basis.
Read the conference call transcript.

How will Ciena's stock buyback program work?

Ciena's Board of Directors authorized a share repurchase plan on Wednesday, October 2nd 2024, which allows 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 stock through open market purchases. Stock buyback plans are generally an indication that the company's board of directors believes its stock is undervalued.

Does Ciena have any subsidiaries?

Ciena subsidiaries include Centina Systems Inc, DonRiver, Packet Design, cyan, World Wide Packets, PhyFlex Networks, Catena Networks, and more.

Who are Ciena's major shareholders?

Top institutional shareholders of Ciena include Central Pacific Bank Trust Division (0.01%). Insiders that own company stock include James E Moylan Jr, David M Rothenstein, Scott Mcfeely, Jason Phipps, Stephen B Alexander, Rick Hamilton, Dino Diperna, Joseph Cumello, Brodie Gage, Andrew C Petrik and Thomas Michael Nevens.
View institutional ownership trends.

How do I buy shares of Ciena?

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.

What other stocks do shareholders of Ciena own?

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: 6/05/2025
• Today: 7/04/2025
• Next Earnings (Estimated): 9/03/2025
• Fiscal Year End: 10/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Computer and Technology
• Industry: Communications Components
• Sub-Industry: Communications Equipment
• Current Symbol: NYSE:CIEN
• CIK: 936395
• Web: www.ciena.com
• Phone: (410) 694-5700
• Fax: 410-694-5750
• Employees: 8,657
• Year Founded: 1992

Price Target and Rating

• Average Stock Price Target: $84.31
• High Stock Price Target: $100.00
• Low Stock Price Target: $67.00
• Potential Upside/Downside: +3.6%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.71
• Research Coverage: 14 Analysts

Profitability

• EPS (Trailing Twelve Months): $0.72
• Trailing P/E Ratio: 113.03
• Forward P/E Ratio: 50.86
• P/E Growth: 1.78
• Net Income: $83.96 million
• Net Margins: 2.46%
• Pretax Margin: 3.56%
• Return on Equity: 5.08%
• Return on Assets: 2.55%

Debt

• Debt-to-Equity Ratio: 0.55
• Current Ratio: 3.40
• Quick Ratio: 2.57

Sales & Book Value

• Annual Sales: $4.01 billion
• Price / Sales: 2.87
• Cash Flow: $1.92 per share
• Price / Cash Flow: 42.36
• Book Value: $19.64 per share
• Price / Book: 4.14

Miscellaneous

• Outstanding Shares: 141,370,000
• Free Float: 140,052,000
• Market Cap: $11.50 billion
• Optionable: Optionable
• Beta: 1.11