Ciena Corporation (CIEN)
NYSE: CIEN · Real-Time Price · USD
338.00
-3.29 (-0.96%)
At close: Sep 9, 2026, 4:00 PM EDT
334.75
-3.25 (-0.96%)
Pre-market: Sep 10, 2026, 5:53 AM EDT

Ciena Statistics

Total Valuation

Ciena has a market cap or net worth of $47.93 billion. The enterprise value is $48.37 billion.

Market Cap47.93B
Enterprise Value 48.37B

Important Dates

The last earnings date was Thursday, September 3, 2026, before market open.

Earnings Date Sep 3, 2026
Ex-Dividend Date n/a

Share Statistics

Ciena has 141.81 million shares outstanding. The number of shares has increased by 0.39% in one year.

Current Share Class 141.81M
Shares Outstanding 141.81M
Shares Change (YoY) +0.39%
Shares Change (QoQ) -0.24%
Owned by Insiders (%) 0.35%
Owned by Institutions (%) 90.78%
Float 141.13M

Valuation Ratios

The trailing PE ratio is 75.53 and the forward PE ratio is 32.66. Ciena's PEG ratio is 0.46.

PE Ratio 75.53
Forward PE 32.66
PS Ratio 7.96
Forward PS 6.18
PB Ratio 15.69
P/TBV Ratio 20.36
P/FCF Ratio 58.86
P/OCF Ratio 45.45
PEG Ratio 0.46
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 47.17, with an EV/FCF ratio of 59.40.

EV / Earnings 73.92
EV / Sales 8.03
EV / EBITDA 47.17
EV / EBIT 56.88
EV / FCF 59.40

Financial Position

The company has a current ratio of 3.80, with a Debt / Equity ratio of 1.07.

Current Ratio 3.80
Quick Ratio 2.90
Debt / Equity 1.07
Debt / EBITDA 3.15
Debt / FCF 4.03
Interest Coverage 12.16

Financial Efficiency

Return on equity (ROE) is 22.40% and return on invested capital (ROIC) is 21.97%.

Return on Equity (ROE) 22.40%
Return on Assets (ROA) 7.73%
Return on Invested Capital (ROIC) 21.97%
Return on Capital Employed (ROCE) 12.86%
Weighted Average Cost of Capital (WACC) 10.84%
Revenue Per Employee $663,094
Profits Per Employee $72,072
Employee Count9,080
Asset Turnover 0.88
Inventory Turnover 3.89

Taxes

In the past 12 months, Ciena has paid $71.24 million in taxes.

Income Tax 71.24M
Effective Tax Rate 9.82%

Stock Price Statistics

The stock price has increased by +184.03% in the last 52 weeks. The beta is 1.31, so Ciena's price volatility has been higher than the market average.

Beta (5Y) 1.31
52-Week Price Change +184.03%
50-Day Moving Average 399.16
200-Day Moving Average 378.68
Relative Strength Index (RSI) 39.35
Average Volume (20 Days) 2,427,895

Short Selling Information

The latest short interest is 2.92 million, so 2.06% of the outstanding shares have been sold short.

Short Interest 2.92M
Short Previous Month 3.99M
Short % of Shares Out 2.06%
Short % of Float 2.07%
Short Ratio (days to cover) 1.35

Income Statement

In the last 12 months, Ciena had revenue of $6.02 billion and earned $654.41 million in profits. Earnings per share was $4.48.

Revenue6.02B
Gross Profit 2.65B
Operating Income 850.45M
Pretax Income 725.65M
Net Income 654.41M
EBITDA 1.03B
EBIT 850.45M
Earnings Per Share (EPS) $4.48
Full Income Statement

Balance Sheet

The company has $2.63 billion in cash and $3.29 billion in debt, with a net cash position of -$442.32 million or -$3.12 per share.

Cash & Cash Equivalents 2.63B
Total Debt 3.29B
Net Cash -442.32M
Net Cash Per Share -$3.12
Equity (Book Value) 3.06B
Book Value Per Share 21.54
Working Capital 3.88B
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $1.05 billion and capital expenditures -$240.32 million, giving a free cash flow of $814.36 million.

Operating Cash Flow 1.05B
Capital Expenditures -240.32M
Depreciation & Amortization 175.09M
Net Borrowing 1.72B
Free Cash Flow 814.36M
FCF Per Share $5.74
Full Cash Flow Statement

Margins

Gross margin is 44.07%, with operating and profit margins of 14.12% and 10.87%.

Gross Margin 44.07%
Operating Margin 14.12%
Pretax Margin 12.05%
Profit Margin 10.87%
EBITDA Margin 17.03%
EBIT Margin 14.12%
FCF Margin 13.53%

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 -0.39%
Shareholder Yield -0.39%
Earnings Yield 1.37%
FCF Yield 1.70%
Dividend Details

Analyst Forecast

The average price target for Ciena is $504.13, which is 49.15% higher than the current price. The consensus rating is "Buy".

Price Target $504.13
Price Target Difference 49.15%
Analyst Consensus Buy
Analyst Count 20
Revenue Growth Forecast (3Y) 30.59%
EPS Growth Forecast (3Y) 83.91%
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 6.47 and a Piotroski F-Score of 7.

Altman Z-Score 6.47
Piotroski F-Score 7