Skip to main content

LIVE

CIEN

Ciena Corporation

CIEN

NYSE·Technology·Communication Equipment·Mkt cap $45.4B

$321.00

+1.12%

P/E

70.09

Mkt Cap

$45.4B

52-Wk Range

$117.02–$637.51

52-Week Range

$117.02 - $637.51

P/E

70.09

Fwd P/E

44.89

Beta

1.31

Div Yield

0.00%

Avg Vol

2.6M

Shares Out

141.4M

Mkt Cap

$45.4B

Price action

Price chart

Up 169.8% over the trailing year

Total returns

Price performance

Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.

Why we rate it this way

The thesis at a glance

Bull and bear case · plain-English context across the five lenses we evaluate.

Bull Case

4 reasons

  • Advanced optical networking technology
  • Comprehensive end-to-end network solutions
  • Strong research and development capabilities
  • Diverse global customer base

Bear Case

1 risk

  • Average volatility.

Growth

Stable outlook

5G network infrastructure expansion

Value

Valued in line with AI Networking peers (1.0x).

Momentum

Falling

-31.2% over 3m

Quality

Strong

High-growth business (33% revenue growth, 44% gross margin). Profitable with strong growth momentum.

Dividend

None

No dividend

Earnings track record

Latest print - beat on both lines

AI-summarized recap of last quarter, plus the surprise on every print.

Q3 26 RECAP

SEP 3, 2026

Reported EPS of $2.11 vs $1.73 consensus (+22.0% surprise). Revenue of $1.7B vs $1.6B expected (+2.1%). Beat on both top and bottom lines.

EPS beat +22.0%
Rev beat +2.1%
Double beat

EPS surprise · last 4Q

1 of 1 beats

Estimate

Actual

Q3 26

+22.0%

Revenue trend · last 8Q

+3%

+24%

+29%

+20%

+33%

+40%

+37%

Q4 24

Q1 25

Q2 25

Q3 25

Q4 25

Q1 26

Q2 26

Q3 26

$1.1B

$1.1B

$1.1B

$1.2B

$1.4B

$1.4B

$1.6B

$1.7B

Margins · last 8Q

Gross

45.4%

Operating

18.0%

Profit

15.9%

Wall Street consensus

11 analysts · 73% Buy

Live ratings and price targets aggregated across covering analysts.

Buy

8

73%

Hold

3

27%

Sell

0%

Median Price Target

Latest: UBS · Sep 4, 2026

vs Industry

How CIEN stacks vs Communication Equipment

Stock metrics vs industry averages. Green = better than industry.

Industry comparison data unavailable for this stock.