Ciena Corporation (CIEN)
NYSE: CIEN · Real-Time Price · USD
234.37
+5.23 (2.28%)
Jan 26, 2026, 1:11 PM EST - Market open

Ciena Statistics

Total Valuation

Ciena has a market cap or net worth of $33.01 billion. The enterprise value is $33.29 billion.

Market Cap33.01B
Enterprise Value 33.29B

Important Dates

The next estimated earnings date is Tuesday, March 10, 2026, before market open.

Earnings Date Mar 10, 2026
Ex-Dividend Date n/a

Share Statistics

Ciena has 140.85 million shares outstanding. The number of shares has decreased by -0.49% in one year.

Current Share Class 140.85M
Shares Outstanding 140.85M
Shares Change (YoY) -0.49%
Shares Change (QoQ) +0.67%
Owned by Insiders (%) 0.79%
Owned by Institutions (%) 101.78%
Float 139.63M

Valuation Ratios

The trailing PE ratio is 275.73 and the forward PE ratio is 43.88. Ciena's PEG ratio is 0.98.

PE Ratio 275.73
Forward PE 43.88
PS Ratio 6.83
Forward PS 5.44
PB Ratio 11.84
P/TBV Ratio 16.67
P/FCF Ratio 49.64
P/OCF Ratio 40.97
PEG Ratio 0.98
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 73.78, with an EV/FCF ratio of 50.03.

EV / Earnings 269.88
EV / Sales 6.98
EV / EBITDA 73.78
EV / EBIT 107.10
EV / FCF 50.03

Financial Position

The company has a current ratio of 2.73, with a Debt / Equity ratio of 0.60.

Current Ratio 2.73
Quick Ratio 1.91
Debt / Equity 0.60
Debt / EBITDA 3.48
Debt / FCF 2.45
Interest Coverage 3.48

Financial Efficiency

Return on equity (ROE) is 4.45% and return on invested capital (ROIC) is 8.05%.

Return on Equity (ROE) 4.45%
Return on Assets (ROA) 3.38%
Return on Invested Capital (ROIC) 8.05%
Return on Capital Employed (ROCE) 6.82%
Weighted Average Cost of Capital (WACC) 10.21%
Revenue Per Employee $525,276
Profits Per Employee $13,583
Employee Count9,080
Asset Turnover 0.83
Inventory Turnover 3.36

Taxes

In the past 12 months, Ciena has paid $32.95 million in taxes.

Income Tax 32.95M
Effective Tax Rate 21.08%

Stock Price Statistics

The stock price has increased by +142.51% in the last 52 weeks. The beta is 1.14, so Ciena's price volatility has been higher than the market average.

Beta (5Y) 1.14
52-Week Price Change +142.51%
50-Day Moving Average 219.55
200-Day Moving Average 134.27
Relative Strength Index (RSI) 51.46
Average Volume (20 Days) 2,186,920

Short Selling Information

The latest short interest is 6.50 million, so 4.61% of the outstanding shares have been sold short.

Short Interest 6.50M
Short Previous Month 6.41M
Short % of Shares Out 4.61%
Short % of Float 4.65%
Short Ratio (days to cover) 2.26

Income Statement

In the last 12 months, Ciena had revenue of $4.77 billion and earned $123.34 million in profits. Earnings per share was $0.85.

Revenue4.77B
Gross Profit 2.00B
Operating Income 310.79M
Pretax Income 156.29M
Net Income 123.34M
EBITDA 451.13M
EBIT 310.79M
Earnings Per Share (EPS) $0.85
Full Income Statement

Balance Sheet

The company has $1.31 billion in cash and $1.63 billion in debt, with a net cash position of -$261.66 million or -$1.86 per share.

Cash & Cash Equivalents 1.31B
Total Debt 1.63B
Net Cash -261.66M
Net Cash Per Share -$1.86
Equity (Book Value) 2.73B
Book Value Per Share 19.35
Working Capital 2.26B
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $806.09 million and capital expenditures -$140.80 million, giving a free cash flow of $665.29 million.

Operating Cash Flow 806.09M
Capital Expenditures -140.80M
Free Cash Flow 665.29M
FCF Per Share $4.72
Full Cash Flow Statement

Margins

Gross margin is 42.04%, with operating and profit margins of 6.52% and 2.59%.

Gross Margin 42.04%
Operating Margin 6.52%
Pretax Margin 3.28%
Profit Margin 2.59%
EBITDA Margin 9.46%
EBIT Margin 6.52%
FCF Margin 13.95%

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 0.49%
Shareholder Yield 0.49%
Earnings Yield 0.37%
FCF Yield 2.01%
Dividend Details

Analyst Forecast

The average price target for Ciena is $222.86, which is -4.91% lower than the current price. The consensus rating is "Buy".

Price Target $222.86
Price Target Difference -4.91%
Analyst Consensus 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 3.16 and a Piotroski F-Score of 6.

Altman Z-Score 3.16
Piotroski F-Score 6