S&P 500   4,538.43
DOW   34,580.08
QQQ   383.13
S&P 500   4,538.43
DOW   34,580.08
QQQ   383.13
S&P 500   4,538.43
DOW   34,580.08
QQQ   383.13
S&P 500   4,538.43
DOW   34,580.08
QQQ   383.13

Ciena Stock Forecast, Price & News

-0.59 (-0.96%)
(As of 12/3/2021 04:00 PM ET)
Today's Range
50-Day Range
52-Week Range
1.58 million shs
Average Volume
1.02 million shs
Market Capitalization
$9.46 billion
P/E Ratio
Dividend Yield
30 days | 90 days | 365 days | Advanced Chart
Receive CIEN 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.

Ciena logo

About Ciena

Ciena Corp. engages in the provision of network and communication infrastructure. It operates through the following segments: Networking Platforms, Platform Software and Services, Blue Planet Automation Software and Services, and Global Services. The Networking Platforms segment consists of Converged Packet Optical and Packet Networking portfolios. The Platform Software and Services segment provides analytics, data, and planning tools to assist customers in managing Ciena's Networking Platforms products in their networks. The Blue Planet Automation Software and Services segment enables customers to implement large-scale software and IT-led OSS transformations by transforming legacy networks into “service ready“ networks. The Global Services segment offers a broad suite of value-added services. The company was founded by Patrick H. Nettles in November 1992 and is headquartered in Hanover, MD.


See More Headlines

Industry, Sector and Symbol

Telephone & telegraph apparatus
Communications Equipment
Year Founded

Sales & Book Value

Annual Sales
$3.53 billion
Cash Flow
$3.50 per share
Book Value
$16.26 per share


Net Income
$361.29 million
Pretax Margin




Free Float
Market Cap
$9.46 billion

Company Calendar

Last Earnings
Next Earnings (Confirmed)
Fiscal Year End

Social Links


Overall MarketRank

2.02 out of 5 stars

Computer And Technology Sector

447th out of 892 stocks

Telephone & Telegraph Apparatus Industry

6th out of 19 stocks

Analyst Opinion: 1.3Community Rank: 5.0Dividend Strength: 0.0Insider Behavior: 2.5Valuation: 1.3 5 -4 -3 -2 -1 -

Ciena (NYSE:CIEN) Frequently Asked Questions

Is Ciena a buy right now?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ciena in the last year. There are currently 3 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Ciena stock.
View analyst ratings for Ciena
or view top-rated stocks.

How has Ciena's stock price been impacted by Coronavirus?

Ciena's stock was trading at $38.83 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, CIEN shares have increased by 57.3% and is now trading at $61.09.
View which stocks have been most impacted by COVID-19

Are investors shorting Ciena?

Ciena saw a decline in short interest in November. As of November 15th, there was short interest totaling 3,330,000 shares, a decline of 19.6% from the October 31st total of 4,140,000 shares. Based on an average trading volume of 1,060,000 shares, the short-interest ratio is presently 3.1 days. Currently, 2.2% of the company's shares are short sold.
View Ciena's Short Interest

When is Ciena's next earnings date?

Ciena is scheduled to release its next quarterly earnings announcement on Thursday, December 9th 2021.
View our earnings forecast for Ciena

How can I listen to Ciena's earnings call?

Ciena will be holding an earnings conference call on Thursday, December 9th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Ciena's earnings last quarter?

Ciena Co. (NYSE:CIEN) issued its earnings results on Wednesday, September, 1st. The communications equipment provider reported $0.92 earnings per share for the quarter, beating the consensus estimate of $0.79 by $0.13. The communications equipment provider had revenue of $988.10 million for the quarter, compared to the consensus estimate of $969.41 million. Ciena had a net margin of 13.55% and a trailing twelve-month return on equity of 13.32%. Ciena's revenue was up 1.2% compared to the same quarter last year. During the same period last year, the firm earned $1.06 earnings per share.
View Ciena's earnings history

What guidance has Ciena issued on next quarter's earnings?

Ciena issued an update on its fourth quarter 2021 earnings guidance on Friday, October, 1st. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $1 billion-$1.04 billion, compared to the consensus revenue estimate of $1.05 billion.

What price target have analysts set for CIEN?

9 brokers have issued twelve-month target prices for Ciena's stock. Their forecasts range from $50.00 to $70.00. On average, they expect Ciena's share price to reach $61.44 in the next year. This suggests a possible upside of 0.6% from the stock's current price.
View analysts' price targets for Ciena
or view top-rated stocks among Wall Street analysts.

Who are Ciena's key executives?

Ciena's management team includes the following people:
  • Gary B. Smith, President, Chief Executive Officer & Director
  • James E. Moylan, Chief Financial Officer & Senior Vice President (LinkedIn Profile)
  • Stephen B. Alexander, Chief Technology Officer & Senior Vice President
  • David Marc Rothenstein, Secretary, Senior Vice President & General Counsel
  • Jane Hobbs, Chief People Officer & Senior Vice President

What is Gary B. Smith's approval rating as Ciena's CEO?

581 employees have rated Ciena CEO Gary B. Smith on Glassdoor.com. Gary B. Smith has an approval rating of 95% among Ciena's employees. This puts Gary B. Smith in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Ciena own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Ciena investors own include NVIDIA (NVDA), Bank of America (BAC), Advanced Micro Devices (AMD), Micron Technology (MU), Intel (INTC), Alibaba Group (BABA), Cisco Systems (CSCO), QUALCOMM (QCOM), Walt Disney (DIS) and Skyworks Solutions (SWKS).

What is Ciena's stock symbol?

Ciena trades on the New York Stock Exchange (NYSE) under the ticker symbol "CIEN."

Who are Ciena's major shareholders?

Ciena's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (9.86%), Congress Asset Management Co. MA (2.50%), Alliancebernstein L.P. (2.36%), FIL Ltd (1.98%), BNP Paribas Asset Management Holding S.A. (1.95%) and Wellington Management Group LLP (1.91%). Company insiders that own Ciena stock include Andrew C Petrik, Bruce L Claflin, David M Rothenstein, Gary B Smith, Gary B Smith, Gary E Dickerson, James E Moylan Jr, James E Moylan, Jr, Jason Phipps, Joseph Gebbia, Patrick H Nettles, Rick Hamilton, Scott Mcfeely, Stephen B Alexander and Thomas Michael Nevens.
View institutional ownership trends for Ciena

Which institutional investors are selling Ciena stock?

CIEN stock was sold by a variety of institutional investors in the last quarter, including Franklin Resources Inc., Squarepoint Ops LLC, Goldman Sachs Group Inc., LSV Asset Management, New York State Common Retirement Fund, Invesco Ltd., Geode Capital Management LLC, and Assenagon Asset Management S.A.. Company insiders that have sold Ciena company stock in the last year include Andrew C Petrik, David M Rothenstein, Gary B Smith, Gary E Dickerson, James E Moylan Jr, James E Moylan, Jr, Jason Phipps, Joseph Gebbia, Rick Hamilton, Scott Mcfeely, and Stephen B Alexander.
View insider buying and selling activity for Ciena
or view top insider-selling stocks.

Which institutional investors are buying Ciena stock?

CIEN stock was acquired by a variety of institutional investors in the last quarter, including BNP Paribas Asset Management Holding S.A., Alliancebernstein L.P., Jennison Associates LLC, Bank of New York Mellon Corp, Millennium Management LLC, Congress Asset Management Co. MA, Citadel Advisors LLC, and Thrivent Financial for Lutherans.
View insider buying and selling activity for Ciena
or or view top insider-buying stocks.

How do I buy shares of Ciena?

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

What is Ciena's stock price today?

One share of CIEN stock can currently be purchased for approximately $61.09.

How much money does Ciena make?

Ciena has a market capitalization of $9.46 billion and generates $3.53 billion in revenue each year. The communications equipment provider earns $361.29 million in net income (profit) each year or $2.95 on an earnings per share basis.

How many employees does Ciena have?

Ciena employs 7,032 workers across the globe.

Does Ciena have any subsidiaries?

The following companies are subsidiares of Ciena: Akara, Astracom, Catena Networks, Centina Systems, Ciena Canada Inc., Ciena Communications Inc., DonRiver, Internet Photonics, Lightera, ONI Systems, Packet Design, PhyFlex Networks, Wavesmith Networks, World Wide Packets, and cyan.

When was Ciena founded?

Ciena was founded in 1992.

What is Ciena's official website?

The official website for Ciena is www.ciena.com.

Where are Ciena's headquarters?

Ciena is headquartered at 7035 RIDGE ROAD, HANOVER MD, 21076.

How can I contact Ciena?

Ciena's mailing address is 7035 RIDGE ROAD, HANOVER MD, 21076. The communications equipment provider can be reached via phone at (410) 694-5700, via email at [email protected], or via fax at 410-694-5750.

This page was last updated on 12/5/2021 by MarketBeat.com Staff


Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau

© American Consumer News, LLC dba MarketBeat® 2010-2021. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information

© 2021 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. Fundamental company data provided by Zacks Investment Research.