Ciena Corporation (CIEN)
NYSE: CIEN · Real-Time Price · USD
294.17
-5.13 (-1.71%)
At close: Mar 6, 2026, 4:00 PM EST
285.00
-9.17 (-3.12%)
Pre-market: Mar 9, 2026, 5:34 AM EST

Ciena Statistics

Total Valuation

Ciena has a market cap or net worth of $41.60 billion. The enterprise value is $41.82 billion.

Market Cap41.60B
Enterprise Value 41.82B

Important Dates

The last earnings date was Thursday, March 5, 2026, before market open.

Earnings Date Mar 5, 2026
Ex-Dividend Date n/a

Share Statistics

Ciena has 141.40 million shares outstanding. The number of shares has decreased by -0.53% in one year.

Current Share Class 141.40M
Shares Outstanding 141.40M
Shares Change (YoY) -0.53%
Shares Change (QoQ) +0.23%
Owned by Insiders (%) 0.39%
Owned by Institutions (%) 98.39%
Float 140.74M

Valuation Ratios

The trailing PE ratio is 187.03 and the forward PE ratio is 44.88. Ciena's PEG ratio is 0.91.

PE Ratio 187.03
Forward PE 44.88
PS Ratio 8.12
Forward PS 6.67
PB Ratio 14.90
P/TBV Ratio 20.21
P/FCF Ratio 56.04
P/OCF Ratio 44.73
PEG Ratio 0.91
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 73.29, with an EV/FCF ratio of 56.34.

EV / Earnings 182.56
EV / Sales 8.16
EV / EBITDA 73.29
EV / EBIT 99.61
EV / FCF 56.34

Financial Position

The company has a current ratio of 2.81, with a Debt / Equity ratio of 0.57.

Current Ratio 2.81
Quick Ratio 1.92
Debt / Equity 0.57
Debt / EBITDA 2.71
Debt / FCF 2.14
Interest Coverage 4.78

Financial Efficiency

Return on equity (ROE) is 8.20% and return on invested capital (ROIC) is 11.67%.

Return on Equity (ROE) 8.20%
Return on Assets (ROA) 4.58%
Return on Invested Capital (ROIC) 11.67%
Return on Capital Employed (ROCE) 9.06%
Weighted Average Cost of Capital (WACC) 10.04%
Revenue Per Employee $564,349
Profits Per Employee $25,226
Employee Count9,080
Asset Turnover 0.89
Inventory Turnover 3.51

Taxes

In the past 12 months, Ciena has paid $39.76 million in taxes.

Income Tax 39.76M
Effective Tax Rate 14.79%

Stock Price Statistics

The stock price has increased by +290.92% in the last 52 weeks. The beta is 1.09, so Ciena's price volatility has been similar to the market average.

Beta (5Y) 1.09
52-Week Price Change +290.92%
50-Day Moving Average 273.74
200-Day Moving Average 166.84
Relative Strength Index (RSI) 46.25
Average Volume (20 Days) 4,566,505

Short Selling Information

The latest short interest is 5.62 million, so 3.97% of the outstanding shares have been sold short.

Short Interest 5.62M
Short Previous Month 5.95M
Short % of Shares Out 3.97%
Short % of Float 3.99%
Short Ratio (days to cover) 1.41

Income Statement

In the last 12 months, Ciena had revenue of $5.12 billion and earned $229.05 million in profits. Earnings per share was $1.57.

Revenue5.12B
Gross Profit 2.16B
Operating Income 419.80M
Pretax Income 268.81M
Net Income 229.05M
EBITDA 570.51M
EBIT 419.80M
Earnings Per Share (EPS) $1.57
Full Income Statement

Balance Sheet

The company has $1.30 billion in cash and $1.59 billion in debt, with a net cash position of -$220.12 million or -$1.56 per share.

Cash & Cash Equivalents 1.30B
Total Debt 1.59B
Net Cash -220.12M
Net Cash Per Share -$1.56
Equity (Book Value) 2.79B
Book Value Per Share 19.74
Working Capital 2.28B
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $930.02 million and capital expenditures -$187.80 million, giving a free cash flow of $742.21 million.

Operating Cash Flow 930.02M
Capital Expenditures -187.80M
Free Cash Flow 742.21M
FCF Per Share $5.25
Full Cash Flow Statement

Margins

Gross margin is 42.13%, with operating and profit margins of 8.19% and 4.47%.

Gross Margin 42.13%
Operating Margin 8.19%
Pretax Margin 5.25%
Profit Margin 4.47%
EBITDA Margin 11.13%
EBIT Margin 8.19%
FCF Margin 14.48%

Dividends & Yields

Ciena does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio n/a
Buyback Yield 0.53%
Shareholder Yield 0.53%
Earnings Yield 0.55%
FCF Yield 1.78%
Dividend Details

Analyst Forecast

The average price target for Ciena is $293.29, which is -0.30% lower than the current price. The consensus rating is "Strong Buy".

Price Target $293.29
Price Target Difference -0.30%
Analyst Consensus Strong Buy
Analyst Count 15
Revenue Growth Forecast (5Y) 14.59%
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value
Lynch Upside
Graham Number
Graham Upside

Stock Splits

The last stock split was on September 25, 2006. It was a reverse split with a ratio of 1:7.

Last Split Date Sep 25, 2006
Split Type Reverse
Split Ratio 1:7

Scores

Ciena has an Altman Z-Score of 4.27 and a Piotroski F-Score of 6.

Altman Z-Score 4.27
Piotroski F-Score 6