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CIEN Stock Chart & Stats
$387.66
-$16.57(-4.07%)
At close: 4:00 PM EDT
$387.66
-$16.57(-4.07%)
Day’s Range― - ―
52-Week Range$90.00 - $637.51
Previous CloseN/A
Volume1.49M
Average Volume (3M)2.62M
Market Cap
$53.57B
Enterprise Value$78.70K
Total Cash (Recent Filing)$1.20B
Total Debt (Recent Filing)$1.58B
Price to Earnings (P/E)123.9
Beta1.72
Next Earnings
Sep 03, 2026EPS Estimate
1.73Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)3.09
Shares Outstanding141,552,920
10 Day Avg. Volume1,893,265
30 Day Avg. Volume2,624,030
Financial Highlights & Ratios
PEG Ratio4.37
Price to Book (P/B)9.90
Price to Sales (P/S)5.66
P/FCF Ratio40.60
Enterprise Value/Market Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda<0.01
Forecast
1Y Price Target
$563.79Price Target Upside45.43% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering14
EPS Forecast (FY)6.55
Revenue Forecast (FY)$6.34B
Bulls Say, Bears Say
Bulls Say
Strong Demand, Revenue Growth And Backlog VisibilityRapid growth across optical networking, routing and cloud customers, combined with a large backlog and expected hardware conversion, provides unusually strong revenue visibility. This supports sustained scale benefits and demand visibility through 2027.
Technology Leadership And Expanding Data-center OpportunityProduct wins in high-capacity optical, interconnect and data-center technologies strengthen Ciena's position in AI-driven networking. Adoption by hyperscalers can create durable design wins and expand the company's addressable market over multiple years.
Strong Cash Generation And Financial FlexibilityHigh current cash conversion gives Ciena resources to fund capacity, product development and supply-chain investments without excessive balance-sheet strain. Lower reported debt further improves flexibility, although historical cash-flow volatility remains relevant.
Bears Say
Supply Constraints May Limit Growth And Delivery TimingPersistent component shortages could prevent Ciena from converting its backlog on schedule, creating revenue lumpiness and limiting customer satisfaction. Supply-security investments may help, but dependence on specialized components remains a structural execution risk.
High Customer Concentration Increases Revenue RiskHeavy reliance on a small number of large cloud customers gives those buyers significant influence over volumes, pricing and deployment timing. A spending pause, redesign or supplier shift by one customer could materially affect growth and operating leverage.
Convertible Financing Materially Reshapes Capital StructureThe financing removes secured term debt and extends liquidity, but it also introduces substantial convertible obligations and potential future dilution. The larger capital structure raises execution requirements and may constrain how benefits from growth translate to equity holders.
Ciena News
CIEN FAQ
What was Ciena’s price range in the past 12 months?
Ciena lowest stock price was $90.00 and its highest was $637.51 in the past 12 months.
What is Ciena’s market cap?
Ciena’s market cap is $53.57B.
When is Ciena’s upcoming earnings report date?
Ciena’s upcoming earnings report date is Sep 03, 2026 which is in 2 days.
How were Ciena’s earnings last quarter?
Ciena released its earnings results on Jun 04, 2026. The company reported $1.64 earnings per share for the quarter, beating the consensus estimate of $1.459 by $0.181.
Is Ciena overvalued?
According to Wall Street analysts Ciena’s price is currently Undervalued.
Does Ciena pay dividends?
Ciena does not currently pay dividends.
What is Ciena’s EPS estimate?
Ciena’s EPS estimate is 1.73.
How many shares outstanding does Ciena have?
Ciena has 141,552,920 shares outstanding.
What happened to Ciena’s price movement after its last earnings report?
Ciena reported an EPS of $1.64 in its last earnings report, beating expectations of $1.459. Following the earnings report the stock price went down -13.66%.
Which hedge fund is a major shareholder of Ciena?
Currently, no hedge funds are holding shares in CIEN
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Ciena Stock Smart Score
Neutral
1
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5
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7
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9
10
Analyst Consensus
Strong Buy
Average Price Target:
$563.79 (45.43% Upside)
$563.79 (45.43% Upside)
Blogger Sentiment
Bullish
CIEN Sentiment 70%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Decreased
By 1.1M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.4%
Last 30 Days ▼ 2.7%
Last 30 Days ▼ 2.7%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
325.81%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
6.72%
Trailing 12-Months
Learn more about TipRanks Smart Score
Company Description
Ciena
Ciena Corporation is a global technology company focused on telecommunications infrastructure. It delivers integrated solutions – including specialized hardware, software applications, and professional services – designed to facilitate the efficient transmission, routing, switching, aggregation, delivery, and overall management of video, data, and voice traffic across communication networks worldwide. Within its Networking Platforms division, Ciena develops and supplies advanced hardware and integrated solutions. These products are specifically engineered to optimize the convergence of various optical transport methods (like coherent optical transport and optical transport network switching) with packet switching, enabling high-performance data handling. The product portfolio spans a range of packet-optical platforms (e.g., the 6500, 5400, and Z-Series), reconfigurable switching systems (such as the 5430), Waveserver interconnect systems, and dedicated switches for service delivery and aggregation (including the 3000 and 5000 families). This segment also provides the essential operating system software and advanced features embedded within its hardware offerings. Ciena's Blue Planet Automation Software and Services arm is dedicated to intelligent network automation. It offers solutions for orchestrating services across multiple network domains, maintaining precise network inventory, optimizing data routes, coordinating virtualized network functions (NFV), and delivering insightful analytics, alongside related support. The Platform Software and Services segment provides unified management platforms, exemplified by its OneControl system, as well as other software tools for comprehensive network planning, operational control, and ongoing oversight. Finally, the Global Services segment delivers end-to-end client support. This includes strategic consulting, detailed network architecture design, expert installation and deployment, ongoing maintenance, and comprehensive training programs. The company distributes its cutting-edge products and services to network operators through both direct sales forces and indirect channel partners. Established in 1992, Ciena Corporation maintains its corporate headquarters in Hanover, Maryland.
CIEN Company Deck
CIEN Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call highlights strong demand, record revenue growth (+40% YoY), expanding margins, significantly higher EPS, large backlog ($7.7B) and multiple product wins (Hyper‑Rail, DCOM, pluggables, coherent modules), along with raised FY guidance and an optimistic TAM outlook to ~$50B by 2029. Key negatives are supply‑side constraints, elevated OpEx driven by variable compensation and supply‑security investments, and customer concentration risk. Management presents these challenges as being actively managed (supply investments, engineering cost reductions, value exchanges) and expects durable demand and margin expansion into 2027 and beyond.View all CIEN earnings summariesCIEN Stock 12 Month Forecast
Average Price Target
$563.79
▲(45.43% Upside)
Technical Analysis
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Ownership Overview
0.82% Insiders
34.25% Mutual Funds
11.26% Other Institutional Investors
24.15% Public Companies and Individual Investors