Ciena Corporation (CIEN)
| Market Cap | 45.52B +239.6% |
| Revenue (ttm) | 6.02B +32.6% |
| Net Income | 654.41M +364.5% |
| EPS | 4.48 +356.8% |
| Shares Out | 141.81M |
| PE Ratio | 71.73 |
| Forward PE | 31.02 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 3,344,356 |
| Open | 321.67 |
| Previous Close | 317.46 |
| Day's Range | 315.73 - 328.85 |
| 52-Week Range | 110.90 - 637.51 |
| Beta | 1.30 |
| Analysts | Buy |
| Price Target | 504.13 (+57.05%) |
| 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 $504.13, which is an increase of 57.05% from the latest price.
News
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 price target lowered to $400 from $575 at TD Cowen
TD Cowen analyst Sean O’Loughlin lowered the firm’s price target on Ciena (CIEN) to $400 from $575 and keeps a Buy rating on the shares. The firm said they posted…
Ciena price target lowered to $425 from $490 at Morgan Stanley
Morgan Stanley lowered the firm’s price target on Ciena (CIEN) to $425 from $490 and keeps an Equal Weight rating on the shares. Fiscal Q3 upside ex-tariff impact was “largely…
Ciena earnings selloff brings buying opportunity, says Citi
Citi views the post-earnings selloff yesterday in shares of Ciena (CIEN) as a buying opportunity. The company’s 2027 expectation for 30% growth year-over-year “is a floor that will move higher…
Ciena price target lowered to $475 from $607 at Barclays
Barclays analyst Tim Long lowered the firm’s price target on Ciena (CIEN) to $475 from $607 and keeps an Overweight rating on the shares. The company reported solid results with…
Ciena price target lowered to $375 from $550 at Evercore ISI
Evercore ISI analyst Amit Daryanani lowered the firm’s price target on Ciena (CIEN) to $375 from $550 and keeps an In Line rating on the shares following “solid” Q3 results.
Needham lowers Ciena price target to $520, would buy on weakness
Needham lowered the firm’s price target on Ciena (CIEN) to $520 from $600 and keeps a Buy rating on the shares. Ciena reported “strong” fiscal Q3 results and raised Q4…
Ciena price target raised to $600 from $530 at Raymond James
Raymond James analyst Simon Leopold raised the firm’s price target on Ciena (CIEN) to $600 from $530 and keeps an Outperform rating on the shares. The firm notes Ciena’s Q3…
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.
Ciena Earnings release: Q3 2026
Ciena released its Q3 2026 earnings on September 3, 2026, summarizing the period's financial results.
Ciena Slides: Q3 2026
Ciena has posted slides in relation to its Q3 2026 quarterly earnings report, which was published on September 3, 2026.
Ciena Quarterly report: Q3 2026
Ciena has published its Q3 2026 quarterly earnings report on September 3, 2026.
Ciena Stock Rises as AI Drives Demand and Leads to an Earnings Beat
Ciena stock advances after the optical networking company reports better-than-expected earnings and raises fiscal-year revenue guidance.
Ciena raises FY26 revenue view to $6.42B +/- $50M from $6.3B, consensus $6.33B
“Our record fiscal third quarter results reflect Ciena’s (CIEN) ability to deliver increasingly profitable growth while positioning for future opportunities,” said Marc Graff, Ciena’s Chief Financial ...
Ciena reports Q3 adjusted EPS $2.11, consensus $1.73
Reports Q3 revenue $1.67B, consensus $1.64B. “Today’s outstanding financial performance demonstrates Ciena’s (CIEN) leadership in providing industry-leading, high-speed connectivity solutions as AI co...
Ciena sees Q4 revenue $1.75B +/- $50M, consensus $1.7B
Adjusted gross margin in the range of 45% plus or minus 50 bps; Adjusted operating expense in the range of $415 million plus or minus $10 million; Adjusted operating margin…
Ciena Reports Fiscal Third Quarter 2026 Financial Results
FULTON, Md.--(BUSINESS WIRE)--Ciena Corp. today announced financial results for its fiscal third quarter ended August 1, 2026. Revenue was $1.67 billion, up 37% year-over-year.
Ciena price target lowered to $413 from $516 at B. Riley
B. Riley lowered the firm’s price target on Ciena (CIEN) to $413 from $516 and keeps a Neutral rating on the shares ahead of the company reporting its fiscal Q3…
New Ciena Research: Service Providers Expect High-Capacity AI Services and MOFN to Fuel Revenue Growth, But Network Upgrades are Needed
FULTON, Md.--(BUSINESS WIRE)--A recent Ciena survey of service providers underscores the revenue potential of AI-driven networking. Ninety percent1 of respondents expect high-capacity AI network servi...
Ciena price target lowered to $550 from $660 at BofA
BofA lowered the firm’s price target on Ciena (CIEN) to $550 from $660 and keeps a Buy rating on the shares. Ciena’s Q3 setup remains constructive, with robust demand and…
Ciena Announces Reporting Date and Web Broadcast for Fiscal Third Quarter 2026 Results
HANOVER, Md.--(BUSINESS WIRE)--Ciena expects to announce its fiscal third quarter financial results on Thursday, September 3, 2026 before the open of the U.S. financial markets.
e& UAE Unveils Future-Ready DWDM Network Powered by Ciena's High-Speed Connectivity Solutions
ABU DHABI, United Arab Emirates & HANOVER, Md.--(BUSINESS WIRE)--e& UAE, the telecom arm of e& (ADX: EAND), is deploying Ciena's (NYSE: CIEN) next-generation optical and software solutions to build a ...