Ciena Corporation (CIEN)
NYSE: CIEN · Real-Time Price · USD
216.18
-2.26 (-1.03%)
At close: Dec 15, 2025, 4:00 PM EST
215.00
-1.18 (-0.55%)
After-hours: Dec 15, 2025, 4:05 PM EST

Ciena Statistics

Total Valuation

Ciena has a market cap or net worth of $30.48 billion. The enterprise value is $30.90 billion.

Market Cap30.48B
Enterprise Value 30.90B

Important Dates

The last earnings date was Thursday, December 11, 2025, before market open.

Earnings Date Dec 11, 2025
Ex-Dividend Date n/a

Share Statistics

Ciena has 141.02 million shares outstanding. The number of shares has decreased by -0.49% in one year.

Current Share Class 141.02M
Shares Outstanding 141.02M
Shares Change (YoY) -0.49%
Shares Change (QoQ) +0.67%
Owned by Insiders (%) 0.77%
Owned by Institutions (%) 98.98%
Float 139.81M

Valuation Ratios

The trailing PE ratio is 254.33 and the forward PE ratio is 40.59. Ciena's PEG ratio is 0.93.

PE Ratio 254.33
Forward PE 40.59
PS Ratio 6.51
Forward PS 5.62
PB Ratio 11.29
P/TBV Ratio 15.47
P/FCF Ratio 46.12
P/OCF Ratio 38.06
PEG Ratio 0.93
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 68.50, with an EV/FCF ratio of 46.45.

EV / Earnings 250.54
EV / Sales 6.48
EV / EBITDA 68.50
EV / EBIT 99.43
EV / FCF 46.45

Financial Position

The company has a current ratio of 2.73, with a Debt / Equity ratio of 0.58.

Current Ratio 2.73
Quick Ratio 1.75
Debt / Equity 0.58
Debt / EBITDA 3.38
Debt / FCF 2.38
Interest Coverage 3.48

Financial Efficiency

Return on equity (ROE) is 4.45% and return on invested capital (ROIC) is 4.43%.

Return on Equity (ROE) 4.45%
Return on Assets (ROA) 3.38%
Return on Invested Capital (ROIC) 4.43%
Return on Capital Employed (ROCE) 6.82%
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 +144.09% in the last 52 weeks. The beta is 1.18, so Ciena's price volatility has been higher than the market average.

Beta (5Y) 1.18
52-Week Price Change +144.09%
50-Day Moving Average 188.76
200-Day Moving Average 111.30
Relative Strength Index (RSI) 59.31
Average Volume (20 Days) 3,727,278

Short Selling Information

The latest short interest is 6.41 million, so 4.54% of the outstanding shares have been sold short.

Short Interest 6.41M
Short Previous Month 4.10M
Short % of Shares Out 4.54%
Short % of Float 4.58%
Short Ratio (days to cover) 1.90

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 $1.58 billion in debt, giving a net cash position of -$216.97 million or -$1.54 per share.

Cash & Cash Equivalents 1.31B
Total Debt 1.58B
Net Cash -216.97M
Net Cash Per Share -$1.54
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 0.40%
FCF Yield 2.17%
Dividend Details

Analyst Forecast

The average price target for Ciena is $218.00, which is 0.84% higher than the current price. The consensus rating is "Strong Buy".

Price Target $218.00
Price Target Difference 0.84%
Analyst Consensus Strong Buy
Analyst Count 15
Revenue Growth Forecast (5Y) 11.70%
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