Ciena Corporation (CIEN)
| Market Cap | 69.11B +508.3% |
| Revenue (ttm) | 5.57B +30.6% |
| Net Income | 438.30M +318.2% |
| EPS | 3.01 +311.9% |
| Shares Out | 141.55M |
| PE Ratio | 162.33 |
| Forward PE | 62.69 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 4,190,733 |
| Open | 512.31 |
| Previous Close | 535.63 |
| Day's Range | 488.14 - 525.15 |
| 52-Week Range | 70.77 - 637.51 |
| Beta | 1.24 |
| Analysts | Buy |
| Price Target | 564.92 (+15.71%) |
| 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 15.71% from the latest price.
News
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.
Ciena Earnings release: Q2 2026
Ciena released its Q2 2026 earnings on June 4, 2026, summarizing the period's financial results.
Ciena Slides: Q2 2026
Ciena has posted slides in relation to its Q2 2026 quarterly earnings report, which was published on June 4, 2026.
Ciena Quarterly report: Q2 2026
Ciena has published its Q2 2026 quarterly earnings report on June 4, 2026.
Ciena says core optical strength is the foundation for portfolio expansion
Says company’s differentiated position in AI is driving record performance.
Ciena provides key assumptions underlying outlook
The company said: “AI infrastructure investment: Cloud providers continue to increase capital expenditure on AI data center buildout at levels consistent with recent public commitments. Supply chain: ...
Ciena say AI requires more optical networking, which requires Ciena
Says Q2 results demonstrate sustained growth and operational discipline. Says delivered record revenue and backlog, strong profitability. Says DCI, including scale-across, is gaining momentum as custo...
Ciena Stock Falls After Earnings Beat. Revenue Growth of 40% Wasn't Enough.
The networking company reports better-than-expected earnings and revenue in its fiscal second quarter.
Ciena raises FY26 revenue view to $6.3B +/- $100M from $5.9B-$6.3B
Consensus $6.18B. Sees Adjusted gross margin between 44.5% and 45%; Adjusted operating expense in the range of $1.61B plus or minus $20M; Adjusted operating margin in the range of 19%…