Ciena Corporation (CIEN)
NYSE: CIEN · Real-Time Price · USD
428.22
-8.50 (-1.95%)
At close: Jun 18, 2026, 4:00 PM EDT
429.60
+1.38 (0.32%)
After-hours: Jun 18, 2026, 7:59 PM EDT

Ciena Statistics

Total Valuation

Ciena has a market cap or net worth of $60.62 billion. The enterprise value is $60.79 billion.

Market Cap60.62B
Enterprise Value 60.79B

Important Dates

The last earnings date was Thursday, June 4, 2026, before market open.

Earnings Date Jun 4, 2026
Ex-Dividend Date n/a

Share Statistics

Ciena has 141.55 million shares outstanding. The number of shares has decreased by -0.08% in one year.

Current Share Class 141.55M
Shares Outstanding 141.55M
Shares Change (YoY) -0.08%
Shares Change (QoQ) +0.35%
Owned by Insiders (%) 0.35%
Owned by Institutions (%) 96.67%
Float 140.88M

Valuation Ratios

The trailing PE ratio is 142.38 and the forward PE ratio is 55.02. Ciena's PEG ratio is 0.74.

PE Ratio 142.38
Forward PE 55.02
PS Ratio 10.88
Forward PS 8.65
PB Ratio 20.96
P/TBV Ratio 27.94
P/FCF Ratio 72.80
P/OCF Ratio 58.69
PEG Ratio 0.74
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 77.37, with an EV/FCF ratio of 73.01.

EV / Earnings 138.70
EV / Sales 10.92
EV / EBITDA 77.37
EV / EBIT 97.47
EV / FCF 73.01

Financial Position

The company has a current ratio of 2.73, with a Debt / Equity ratio of 0.55.

Current Ratio 2.73
Quick Ratio 1.85
Debt / Equity 0.55
Debt / EBITDA 1.97
Debt / FCF 1.90
Interest Coverage 7.17

Financial Efficiency

Return on equity (ROE) is 15.46% and return on invested capital (ROIC) is 17.90%.

Return on Equity (ROE) 15.46%
Return on Assets (ROA) 6.66%
Return on Invested Capital (ROIC) 17.90%
Return on Capital Employed (ROCE) 13.18%
Weighted Average Cost of Capital (WACC) 10.94%
Revenue Per Employee $613,343
Profits Per Employee $48,271
Employee Count9,080
Asset Turnover 0.95
Inventory Turnover 3.77

Taxes

In the past 12 months, Ciena has paid $42.55 million in taxes.

Income Tax 42.55M
Effective Tax Rate 8.85%

Stock Price Statistics

The stock price has increased by +483.01% in the last 52 weeks. The beta is 1.24, so Ciena's price volatility has been higher than the market average.

Beta (5Y) 1.24
52-Week Price Change +483.01%
50-Day Moving Average 521.20
200-Day Moving Average 310.04
Relative Strength Index (RSI) 36.37
Average Volume (20 Days) 3,475,908

Short Selling Information

The latest short interest is 4.51 million, so 3.18% of the outstanding shares have been sold short.

Short Interest 4.51M
Short Previous Month 4.37M
Short % of Shares Out 3.18%
Short % of Float 3.20%
Short Ratio (days to cover) 2.25

Income Statement

In the last 12 months, Ciena had revenue of $5.57 billion and earned $438.30 million in profits. Earnings per share was $3.01.

Revenue5.57B
Gross Profit 2.40B
Operating Income 623.69M
Pretax Income 480.85M
Net Income 438.30M
EBITDA 785.74M
EBIT 623.69M
Earnings Per Share (EPS) $3.01
Full Income Statement

Balance Sheet

The company has $1.20 billion in cash and $1.58 billion in debt, with a net cash position of -$177.64 million or -$1.25 per share.

Cash & Cash Equivalents 1.20B
Total Debt 1.58B
Net Cash -177.64M
Net Cash Per Share -$1.25
Equity (Book Value) 2.89B
Book Value Per Share 20.43
Working Capital 2.26B
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $1.03 billion and capital expenditures -$200.11 million, giving a free cash flow of $832.66 million.

Operating Cash Flow 1.03B
Capital Expenditures -200.11M
Depreciation & Amortization 162.05M
Net Borrowing -16.22M
Free Cash Flow 832.66M
FCF Per Share $5.88
Full Cash Flow Statement

Margins

Gross margin is 43.05%, with operating and profit margins of 11.20% and 7.87%.

Gross Margin 43.05%
Operating Margin 11.20%
Pretax Margin 8.63%
Profit Margin 7.87%
EBITDA Margin 14.11%
EBIT Margin 11.20%
FCF Margin 14.95%

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 0.08%
Shareholder Yield 0.08%
Earnings Yield 0.72%
FCF Yield 1.37%
Dividend Details

Analyst Forecast

The average price target for Ciena is $564.92, which is 31.92% higher than the current price. The consensus rating is "Buy".

Price Target $564.92
Price Target Difference 31.92%
Analyst Consensus Buy
Analyst Count 20
Revenue Growth Forecast (3Y) 28.59%
EPS Growth Forecast (3Y) 75.89%
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 6.59 and a Piotroski F-Score of 7.

Altman Z-Score 6.59
Piotroski F-Score 7