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Ciena (CIEN) Stock Price, News & Analysis

Ciena logo
$341.53 -2.67 (-0.78%)
Closing price 03:59 PM Eastern
Extended Trading
$352.50 +10.97 (+3.21%)
As of 07:59 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.
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About Ciena Stock (NYSE:CIEN)

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Key Stats

Today's Range
$328.88
▼
$350.35
50-Day Range
$316.20
▼
$450.40
52-Week Range
$159.56
▼
$637.51
Volume
1.93 million shs
Average Volume
2.90 million shs
Market Capitalization
$48.43 billion
P/E Ratio
69.26
Dividend Yield
N/A
Price Target
$506.11
Consensus Rating
Moderate Buy

Company Overview

Ciena Corporation (NYSE: CIEN) is a networking technology company that provides hardware, software, and services for communications networks. Its solutions help telecommunications carriers, cloud providers, enterprises, government organizations, and research institutions build, manage, and automate high-capacity networks.

The company’s portfolio includes optical networking systems, routing and switching platforms, network automation software, and network management tools. Ciena also offers consulting, implementation, maintenance, and professional services designed to support network planning, deployment, optimization, and ongoing operations. Its products are used across data center interconnections, broadband, 5G, enterprise connectivity, and other communications applications.

Founded in 1992 and headquartered in Hanover, Maryland, Ciena serves customers across North America, Europe, Asia-Pacific, and other international markets. Gary Smith has served as the company’s president and chief executive officer since 2001.

AI Generated. May Contain Errors.

Ciena Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
94th Percentile Overall Score

CIEN MarketRank™: 
4.677826491295 of 5 stars

Ciena scored higher than 94% of companies evaluated by MarketBeat, and ranked 88th out of 588 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 2.80, and is based on 1 strong buy rating, 14 buy ratings, 5 hold ratings, and no sell ratings.

  • Upside Potential

    Ciena has a consensus price target of $506.11, representing about 48.2% upside from its current price of $341.53.

  • 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 76.23, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 38.74.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Ciena is 76.23, which means that it is trading at a less expensive P/E ratio than the Technology sector average P/E ratio of about 77.67.

  • Price to Earnings Growth Ratio

    Ciena has a PEG Ratio of 4.62. 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 17.65. 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

    2.74% 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 1.44, 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 7.74%, 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 0.73. 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 0.51 average news sentiment score of Technology companies.

  • News Coverage This Week

    MarketBeat has tracked 31 news articles for Ciena this week, compared to 8 articles on an average week.

  • Search Interest

    98 people have searched for CIEN on MarketBeat in the last 30 days. This is an increase of 8% compared to the previous 30 days.

  • MarketBeat Follows

    50 people have added Ciena to their MarketBeat watchlist in the last 30 days. This is an increase of 178% 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 $13,457,571.00 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

Ciena (CIEN): Is the AI-Optical Boom Enough to Carry It Into the S&P 500?
October 20 at 3:00 PM  |  insidermonkey.comhttps://www.insidermonkey.com/news/ciena-cien-is-the-ai-optical-boom-enough-to-carry-it-into-the-sp-500-1857115/
What Was Ciena Telling You Before Its Stock Ran?
October 20 at 3:00 PM  |  finance.yahoo.comhttps://finance.yahoo.com/markets/stocks/articles/ciena-telling-stock-ran-114806004.html
“The crisis that’s emerging now is just the tip of the iceberg,” says Dr. Martin D. Weiss, who has made shocking and accurate predictions for 55 years
Dr. Martin D. Weiss, who predicted the Dot-Com collapse and the failures of Fannie Mae, Bear Stearns, and Lehman Brothers, is warning of a developing financial crisis. The New York Times has credited him as among the first to see the dangers ahead, and Forbes dubbed him Mr. Independence. He says this emerging situation could trigger a chain reaction across banks and markets. Watch his free video breakdown and see the five steps he outlines for investors.tc pixel
October 20 at 1:00 AM  |  Weiss Ratings (Ad)
Ciena (NYSE:CIEN) Stock: Insider Brodie Gage Sells 1,200 Shares
October 20 at 4:07 AM  |  insidertrades.comhttps://www.insidertrades.com/alerts/nyse-cien-insider-buying-and-selling-2026-10-20/
Ciena Insider Sold Shares Worth $308,866, According to a Recent SEC Filing
October 19 at 11:29 PM  |  finance.yahoo.comhttps://finance.yahoo.com/markets/stocks/articles/ciena-insider-sold-shares-worth-213715372.html
Insider Selling: Ciena (NYSE:CIEN) CEO Sells $1,091,236.32 in Stock
October 14, 2026  |  insidertrades.comhttps://www.insidertrades.com/alerts/nyse-cien-insider-buying-and-selling-2026-10-14/
Marvell logo displayed on a computer chip surrounded by illuminated circuit board and data center servers.
Marvell Says Connecting AI Chips Could Be a $37 Billion Business—These 2 Stocks Rallied Too (CIEN)
Marvell's bullish Investor Day revenue forecast lifted CIEN and ALAB shares, though both AI-chip-linked companies rely heavily on a few major customers and trade at high valuations.
October 9, 2026  |  marketbeat.comhttps://www.marketbeat.com/articles/marvell-says-connecting-ai-chips-could-be-a-37-billion-businessthese-2-stocks-rallied-too/
Insider Selling: Ciena (NYSE:CIEN) CFO Sells $34,453.43 in Stock
October 7, 2026  |  insidertrades.comhttps://www.insidertrades.com/alerts/nyse-cien-insider-buying-and-selling-2026-10-07/
See More Headlines

CIEN Stock Analysis - Frequently Asked Questions

Ciena's stock was trading at $233.37 at the beginning of the year. Since then, CIEN stock has increased by 46.3% and is now trading at $341.5320.

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

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

Top institutional investors of Ciena include Assenagon Asset Management S.A. (0.19%), Vontobel Holding Ltd. (0.02%), Sumitomo Mitsui DS Asset Management Company Ltd (0.01%) and TD Waterhouse Canada Inc. (0.01%). 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), Micron Technology (MU), Advanced Micro Devices (AMD), Broadcom (AVGO), Intel (INTC), Qualcomm (QCOM) and Marvell Technology (MRVL).

Company Calendar

Last Earnings
9/03/2026
Today
10/20/2026
Fiscal Year End
10/31/2026
Next Earnings (Estimated)
12/10/2026
Get Stock Alerts

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
$506.11
High Price Target
$660.00
Low Price Target
$347.00
Potential Upside/Downside
+48.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.80
Research Coverage
20 Analysts

Profitability

EPS (Trailing Twelve Months)
$4.48
Trailing P/E Ratio
76.23
Forward P/E Ratio
56.92
P/E Growth
4.62
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
10.15
Cash Flow
$2.75 per share
Price / Cash Flow
124.11
Book Value
$19.35 per share
Price / Book
17.65

Miscellaneous

Outstanding Shares
141,810,000
Free Float
140,987,000
Market Cap
$48.43 billion
Optionable
Optionable
Beta
1.28

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This page (NYSE:CIEN) was last updated on 10/20/2026 by MarketBeat.com Staff.
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