Ciena Corporation (CIEN)
| Market Cap | 51.90B +169.8% |
| Revenue (ttm) | 6.02B +32.6% |
| Net Income | 654.41M +364.5% |
| EPS | 4.48 +356.8% |
| Shares Out | 141.81M |
| PE Ratio | 81.78 |
| Forward PE | 35.23 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 2,853,448 |
| Open | 365.05 |
| Previous Close | 348.80 |
| Day's Range | 356.46 - 367.62 |
| 52-Week Range | 133.67 - 637.51 |
| Beta | 1.31 |
| Analysts | Buy |
| Price Target | 502.36 (+37.27%) |
| Earnings Date | Sep 3, 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 $502.36, which is an increase of 37.27% from the latest price.
News
Ciena upgraded, Flutter downgraded: Wall Street’s top analyst calls
The most talked about and market moving research calls around Wall Street are now in one place. Here are today’s research calls that investors need to know, as compiled by…
Why This AI Bottleneck Means Ciena Stock Has 58% Upside
Ciena stock rises after Evercore ISI upgrades shares of the optical networking company to Outperform.
Ciena upgraded to Outperform at Evercore ISI on sustained growth
As previously reported, Evercore ISI upgraded Ciena (CIEN) to Outperform from In Line with a price target of $550, up from $375. The firm sees connectivity between and inside data…
Ciena upgraded to Outperform from In Line at Evercore ISI
Evercore ISI upgraded Ciena (CIEN) to Outperform from In Line with a price target of $550, up from $375.
Ciena stock rises as analysts lift target after $14B FY29 revenue outlook
Ciena (CIEN) stock climbed on Thursday after the optical networking equipment maker outlined new financial targets at its investor forum, and analysts raised their price targets following the update. ...
Ciena Stock Rises as These Numbers Leave Wall Street Pleasantly Surprised
Ciena stock rises after the networking company's three-year financial targets surprise Wall Street.
Ciena price target raised to $548 from $475 at Barclays
Barclays analyst Tim Long raised the firm’s price target on Ciena (CIEN) to $548 from $475 and keeps an Overweight rating on the shares. The firm updated the company’s model…
Ciena price target raised to $550 from $500 at Northland
Northland raised the firm’s price target on Ciena (CIEN) to $550 from $500 and keeps an Outperform rating on the shares following the company’s update on three year financial targets…
Rosenblatt sees ‘clear upside’ in Ciena after investor forum
Rosenblatt analyst Mike Genovese reiterates a Buy rating on Ciena (CIEN) with a $525 price target following the company’s investor forum. The company published a fiscal 2029 framework calling for…
Ciena Slides: Investor presentation
Ciena has posted slides in relation to its latest quarterly earnings report, which was published on September 17, 2026.
Ciena price target raised to $450 from $425 at Morgan Stanley
Morgan Stanley raised the firm’s price target on Ciena (CIEN) to $450 from $425 and keeps an Equal Weight rating on the shares after having attended the Ciena Investor Forum…
Ciena trading resumes
14:11 EDT Ciena (CIEN) trading resumes
Coherent, Corning, Applied Optoelectronics advance after Ciena offers guidance
Shares of Ciena (CIEN) peers are moving up after the company announced its three-year financial targets out to fiscal year 2029. Ciena shares remain halted for trading. Published first on…
Ciena targets revenue CAGR of about 30% from 2026-2029
Ciena (CIEN) held its Investor Forum today at its R&D facility in Ottawa, Ontario, Canada and announced its three-year financial targets. Ciena’s three-year financial targets for fiscal year 2029 incl...
Ciena Announces Fiscal Year 2029 Financial Targets
FULTON, Md.--(BUSINESS WIRE)--Ciena held its Investor Forum today 9/16/26 at its R&D facility in Ottawa, Ontario, Canada and announced its three-year financial targets.
Ciena trading halted, news pending
13:43 EDT Ciena (CIEN) trading halted, news pending
Ciena Transcript: Status update
Gross and operating margins have significantly improved, with revenue and backlog both rising sharply due to strong demand outpacing supply. Strategic investments in R&D and acquisitions, along with a new segment structure, support a 30% CAGR to $14 billion revenue by 2029 and higher shareholder returns.
Ciena Slides: Status update
Ciena has posted slides in relation to its latest quarterly earnings report, which was published on September 16, 2026.
Ciena announces launch of Ciena Ventures
Ciena (CIEN) announced the launch of Ciena Ventures, a new corporate venture capital, CVC, program designed to complement the company’s organic investments and strategic acquisitions. With an initial ...
Ciena Launches Ciena Ventures to Expand Innovation Across the AI Networking Ecosystem
FULTON, Md.--(BUSINESS WIRE)--Ciena Corporation (NYSE: CIEN) today announced the launch of Ciena Ventures, a new corporate venture capital (CVC) program designed to complement the company's organic in...
Ciena price target lowered to $550 from $650 at Argus
Argus lowered the firm’s price target on Ciena (CIEN) to $550 from $650 and keeps a Buy rating on the shares. Ciena’s beat and raised outlook underscore accelerating AI-driven networking…
Ciena price target lowered to $394 from $508 at UBS
UBS analyst David Vogt lowered the firm’s price target on Ciena (CIEN) to $394 from $508 and keeps a Neutral rating on the shares.
Ciena price target lowered to $605 from $635 at JPMorgan
JPMorgan lowered the firm’s price target on Ciena (CIEN) to $605 from $635 and keeps an Overweight rating on the shares following the fiscal Q3 report. The company set a…
Ciena price target lowered to $347 from $413 at B. Riley
B. Riley lowered the firm’s price target on Ciena (CIEN) to $347 from $413 and keeps a Neutral rating on the shares. The firm views the company’s “beat-and-raise” quarter as…
Ciena Earnings Call Transcript: Q3 2026
Record Q3 results featured 37% revenue growth, record margins, and a surging $8.5B backlog, driven by AI and data center demand. Guidance calls for continued double-digit growth, with supply constraints as the main limiter. Hyper-Rail and WaveLogic platforms are key growth drivers.