Ciena Corporation (CIEN)
| Market Cap | 63.27B +438.3% |
| Revenue (ttm) | 5.57B +30.6% |
| Net Income | 438.30M +318.2% |
| EPS | 3.01 +311.9% |
| Shares Out | 141.55M |
| PE Ratio | 149.01 |
| Forward PE | 57.58 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 902,641 |
| Open | 445.22 |
| Previous Close | 445.22 |
| Day's Range | 440.71 - 458.47 |
| 52-Week Range | 71.52 - 637.51 |
| Beta | 1.24 |
| Analysts | Buy |
| Price Target | 564.92 (+26.38%) |
| Earnings Date | Jun 4, 2026 |
About CIEN
Ciena Corporation, a network technology company, provides hardware, software, and services for various network operators in the Americas, Europe, the Middle East, Africa, the Asia Pacific, Japan, and India. It operates through Networking Platforms, Platform Software and Services, Blue Planet Automation Software and Services, and Global Services segments. The Networking Platforms segment consists optical networking, routing, and switching products and services. This segment products include the 6500 Packet-Optical Platform, Waveserver modular in... [Read more]
Financial Performance
In fiscal year 2025, Ciena's revenue was $4.77 billion, an increase of 18.79% compared to the previous year's $4.01 billion. Earnings were $123.34 million, an increase of 46.91%.
Financial StatementsAnalyst Summary
According to 20 analysts, the average rating for CIEN stock is "Buy." The 12-month stock price target is $564.92, which is an increase of 26.38% from the latest price.
News
Ciena Corporation Announces Closing of $2.875 billion of 0.00% Convertible Senior Notes
HANOVER, Md.--(BUSINESS WIRE)--Ciena Corporation Announces Closing of $2.875 billion of 0.00% Convertible Senior Notes.
Ciena, Colt Technology Services complete quantum-safe data transmission
Colt Technology Services and Ciena (CIEN) have completed one of the fastest quantum-safe data transmissions ever demonstrated and the fastest across a transatlantic route. The companies said, “The lan...
Colt and Ciena Set New Benchmark With Fastest Ever Quantum-Safe Transatlantic Data Transmission
LONDON--(BUSINESS WIRE)--Colt Technology Services (Colt), the global digital infrastructure company, and Ciena (NYSE: CIEN), the global leader in high-speed connectivity, have completed one of the fas...
Ciena prices upsized offering of $2.5B in convertible senior notes
Ciena (CIEN) announced that it has priced its private offering of $2.5 billion aggregate principal amount of 0.00% convertible senior notes due 2031. The Notes will be fully and unconditionally…
Ciena Corporation Announces Pricing of Upsized Convertible Senior Notes
HANOVER, Md.--(BUSINESS WIRE)--Ciena today announced that it has priced its private offering of $2.5 billion aggregate principal amount of 0.00% convertible senior notes due 2031.
Ciena files to sell $2B of convertible senior notes due 2031
Ciena (CIEN) announced that it intends to offer $2B aggregate principal amount of convertible senior notes due 2031 in a private offering.
Ciena announes proposed offering of convertible senior notes
Ciena (CIEN) intends to offer $2B aggregate principal amount of convertible senior notes due 2031 in a private offering. The Notes will be fully and unconditionally guaranteed, on a senior…
Ciena Announces Proposed Offering of Convertible Senior Notes
HANOVER, Md.--(BUSINESS WIRE)--Ciena announces that it intends to offer $2.0 billion aggregate principal amount of convertible senior notes due 2031 in a private offering.
Ciena price target raised to $650 from $370 at Argus
Argus analyst Jim Kelleher raised the firm’s price target on Ciena (CIEN) to $650 from $370 and keeps a Buy rating on the shares after the company posted above-consensus revenue…
Barclays ups Ciena target after ‘beat and raise’ quarter
Barclays analyst Tim Long raised the firm’s price target on Ciena (CIEN) to $607 from $372 and keeps an Overweight rating on the shares. The company reported a “beat and…
Ciena price target raised to $450 from $240 at Northland
Northland analyst Tim Savageaux raised the firm’s price target on Ciena (CIEN) to $450 from $240 and keeps a Market Perform rating on the shares. The fiscal Q2 report and…
Ciena price target raised to $607 from $372 at Barclays
Barclays raised the firm’s price target on Ciena (CIEN) to $607 from $372 and keeps an Overweight rating on the shares. The firm updated the company’s model post the earnings…
Ciena price target raised to $720 from $350 at Rosenblatt
Rosenblatt raised the firm’s price target on Ciena (CIEN) to $720 from $350 and keeps a Buy rating on the shares. The company’s fiscal Q2 orders and gross margins, while…
Ciena price target raised to $490 from $405 at Morgan Stanley
Morgan Stanley analyst Meta Marshall raised the firm’s price target on Ciena (CIEN) to $490 from $405 and keeps an Equal Weight rating on the shares. Demand remains strong, with…
Ciena price target raised to $508 from $285 at UBS
UBS raised the firm’s price target on Ciena (CIEN) to $508 from $285 and keeps a Neutral rating on the shares. Ciena delivered strong results and guidance above consensus, but…
Ciena stock sinks despite earnings beat as investors seek bigger AI upside
Shares of Ciena CIEN fell sharply on Thursday even after the networking equipment maker reported fiscal second-quarter earnings and revenue that exceeded Wall Street expectations. Ciena stock dropped ...
Ciena price target raised to $530 from $320 at Raymond James
Raymond James raised the firm’s price target on Ciena (CIEN) to $530 from $320 and keeps an Outperform rating on the shares following the fiscal Q2 report. The stock in…
Ciena's stock is tumbling and taking other optical-networking shares down with it
Investors were expecting a “more material beat and raise” than what Ciena delivered with its latest earnings report, a analyst says.
Ciena says visibility remains strong, well beyond historical norms
Says increasing operating leverage. Expects to grow revenue faster than OpEx going forward. Says having talks with suppliers to manage costs. Says looking at pricing opportunities across all products....
Morning Movers: Ciena falls following first quarter report
Stock futures are mixed this morning as investors take profits in semiconductor stocks following the market reaction to Broadcom’s earnings report. Broadcom’s reaction suggests the market may be enter...
Ciena says addressable market to double to $50B by 2029
Says says hyperscalers, others showing interest that is “exceeding expectations.” Says on track to double pluggable revenue from 2025. Says “confident” in durable growth, profitability over next sever...
Ciena Earnings Call Transcript: Q2 2026
Q2 saw 40% revenue growth, margin expansion, and record EPS, driven by strong AI-led demand and major wins in hyperscaler and service provider markets. Backlog reached $7.7B, supporting raised guidance and robust multi-year outlook.