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Ciena (CIEN) Stock Price, News & Analysis

Ciena logo
$391.81 +12.67 (+3.34%)
Closing price 03:59 PM Eastern
Extended Trading
$392.25 +0.44 (+0.11%)
As of 05:20 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
$377.03
▼
$395.96
50-Day Range
$316.20
▼
$447.24
52-Week Range
$147.36
▼
$637.51
Volume
2.52 million shs
Average Volume
2.87 million shs
Market Capitalization
$55.56 billion
P/E Ratio
87.46
Dividend Yield
N/A
Price Target
$490.05
Consensus Rating
Moderate Buy

Company Overview

Ciena Corporation is a networking technology company that provides communications infrastructure, software and services for telecommunications providers, cloud operators, enterprises, governments and research institutions. Its solutions are designed to help organizations build, manage and automate high-capacity networks that support applications such as cloud computing, broadband connectivity, data center interconnection and 5G services.

The company’s portfolio includes optical networking systems and coherent optical technologies, routing and switching platforms, broadband access solutions, network management software and professional services. Ciena also offers Blue Planet software, which is used for network orchestration, automation and service management. Its products are deployed across long-haul, metro, submarine, data center and access networks.

Founded in 1992 and headquartered in Hanover, Maryland, Ciena serves customers in North America, Europe, Asia-Pacific, Latin America, the Middle East and Africa. The company sells through direct channels and partners and supports customers with consulting, installation, maintenance and other lifecycle services. Gary Smith serves as Ciena’s president and chief executive officer.

AI Generated. May Contain Errors.

Ciena Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
88th Percentile Overall Score

CIEN MarketRank™: 

Ciena scored higher than 88% of companies evaluated by MarketBeat, and ranked 92nd out of 596 stocks in the 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 2.81, and is based on 1 strong buy rating, 15 buy ratings, 5 hold ratings, and no sell ratings.

  • Upside Potential

    Ciena has a consensus price target of $490.05, representing about 24.5% upside from its current price of $393.52.

  • 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 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 87.76, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 38.90.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Ciena is 87.76, which means that it is trading at a more expensive P/E ratio than the Technology sector average P/E ratio of about 81.26.

  • Price to Earnings Growth Ratio

    Ciena has a PEG Ratio of 4.89. 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 18.25. 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

    2.55% 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 1.17, 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 7.32%, indicating that investor sentiment is decreasing 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 0.56. 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 news sentiment score is similar to the average news sentiment of Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 28 news articles for Ciena this week, compared to 8 articles on an average week.
  • Search Interest

    116 people have searched for CIEN on MarketBeat in the last 30 days. This is an increase of 90% compared to the previous 30 days.
  • MarketBeat Follows

    55 people have added Ciena to their MarketBeat watchlist in the last 30 days. This is an increase of 77% 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 $9,957,835.00 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

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Bernstein initiates coverage of Ciena at outperform
Row of server racks with blue cabling in a data center aisle, with electrical equipment along the wall.
3 More AI Infrastructure Plays Beyond the Big Names (CIEN)
Bloom Energy, Ciena, and Twilio show strong revenue growth, raised guidance, and analyst support as AI infrastructure buildout continues across power, networking, and orchestration.
Ciena logo on a red wall in a data center corridor with illuminated fiber optic cables and server racks.
Ciena Fell 40%—Now One Analyst Sees 50% Upside
Evercore ISI upgraded Ciena to Outperform with a $550 target, citing its role in AI data connectivity. The stock has rebounded 17% after strong revenue growth and a backlog nearing $10 billion.
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 68.6% and is now trading at $393.5150.

Ciena Corporation (NYSE:CIEN) announced its earnings results on Thursday, September, 3rd. The communications equipment provider reported $2.11 earnings per share for the quarter, topping analysts' consensus estimates of $1.73 by $0.38. The company's revenue was up 37.0% compared to the same quarter last year.
Read the conference call transcript
.

Ciena's board approved a share repurchase plan on Wednesday, October 2nd 2024, which permits the company to buy back $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 typically an indication that the company's board of directors believes its shares are undervalued.

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

Ciena's top institutional shareholders include Versant Capital Management Inc. Insiders that own company stock include David M Rothenstein, Marc D Graff, Jason Phipps, Dino Diperna, Patrick Gallagher, Patrick Gallagher, Joseph Cumello, Brodie Gage and Thomas Michael Nevens.
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
9/03/2026
Today
10/02/2026
Fiscal Year End
10/31/2026
Next Earnings (Estimated)
12/10/2026

Industry, Sector and Symbol

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

Price Target and Rating

High Price Target
$660.00
Low Price Target
$185.00
Potential Upside/Downside
+25.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.81
Research Coverage
21 Analysts

Profitability

EPS (Trailing Twelve Months)
$4.48
Trailing P/E Ratio
87.46
Forward P/E Ratio
65.30
P/E Growth
4.89
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
11.65
Cash Flow
$2.99 per share
Price / Cash Flow
131.23
Book Value
$21.56 per share
Price / Book
18.17

Miscellaneous

Outstanding Shares
141,810,000
Free Float
140,987,000
Market Cap
$55.56 billion
Optionable
Optionable
Beta
1.29

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This page (NYSE:CIEN) was last updated on 10/2/2026 by MarketBeat.com Staff.
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