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CIEN Overview

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$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

Loading chart...

High
571.000
Open
566.020
VWAP
564.35
Vol
147.57K
Mkt Cap
82.31B
Low
557.620
Amount
83.28M
EV/EBITDA(TTM)
135.41
Total Shares
141.40M
EV
82.55B
EV/OCF(TTM)
88.76
P/S(TTM)
16.49
Ciena Corporation is a network system, software, and services company which provides hardware, software, and services to a range of network operators and enables enhanced network capacity, service delivery, and automation. Its segments include Networking Platforms, Platform Software and Services, Blue Planet Automation Software and Services, and Global Services. Networking Platforms segment consists of Optical Networking and Routing and Switching portfolios. Platform Software and Services which provides domain control management, analytics, data and planning tools and applications to assist customers in managing their networks. Blue Planet Automation Software and Services includes inventory management (BPI), multi-domain service orchestration, multi-cloud orchestration, route optimization and analysis (ROA), and unified assurance and analytics (UAA). Global Services segment offers a suite of value-added services that help its customers to build, operate and improve their networks.
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Events Timeline

(ET)
2026-05-25
12:20:00
Biznet Deploys Ciena WaveLogic 5 Extreme to Enhance Submarine Cable Connectivity
select
2026-05-20 (ET)
2026-05-20
09:10:00
Cirion Technologies Launches Network-as-a-Service Solution
select
2026-05-19 (ET)
2026-05-19
09:20:00
Matrix Networks Activates Ciena GeoMesh Extreme Solution
select

News

NASDAQ.COM
4.5
05-28NASDAQ.COM
Analysis of SPHB ETF's 52-Week Price Fluctuations
  • Price Range Analysis: The SPHB ETF's 52-week low is $86.75 per share, with a high of $147.29, and a recent trading price of $146.51, indicating stability near its peak, which may attract investor interest in its price movements.
  • Technical Analysis Tool: Comparing the latest share price to the 200-day moving average can provide valuable insights for investors, helping to assess market trends and potential buy or sell opportunities.
  • ETF Unit Trading Mechanism: ETFs trade similarly to stocks, where investors are buying and selling 'units' that can be created or destroyed based on investor demand, impacting the ETF's liquidity and market performance.
  • Inflows and Outflows Monitoring: Weekly monitoring of changes in shares outstanding for ETFs helps identify those experiencing significant inflows or outflows, allowing investors to capture market dynamics and investment opportunities in a timely manner.
NASDAQ.COM
8.0
05-26NASDAQ.COM
Surge in Options Volume for LULU and AMGN
  • LULU Options Volume: As of now, LULU's options volume has reached 14,930 contracts, equivalent to approximately 1.5 million shares, representing 47% of its average daily trading volume of 3.2 million shares over the past month, indicating a significant increase in market interest.
  • High-Frequency Contracts: Within LULU, the $150 strike call option has shown particularly high activity, with 2,116 contracts traded today, representing about 211,600 shares, reflecting strong investor expectations for future price increases.
  • AMGN Options Activity: Concurrently, AMGN's options volume stands at 12,758 contracts, approximately 1.3 million shares, accounting for 45.7% of its average daily trading volume of 2.8 million shares over the past month, showcasing the stock's market activity.
  • Key Contract Analysis: For AMGN, the $440 strike call option has been notably active, with 8,267 contracts traded today, representing around 826,700 shares, indicating optimistic sentiment among investors regarding the stock's future performance.
seekingalpha
6.0
05-26seekingalpha
Bank of America Raises Price Targets for Ciena and Cisco Amid Optical Networking Growth
  • Strong Optical Demand: Analyst Tal Liani from Bank of America highlighted that Cisco's Acacia orders exceeded $1 billion in Q3 2023, with AI-related optics demand growing nearly fourfold to approximately $950 million, indicating resilience and ongoing growth potential in the optical networking market.
  • Price Target Increases: Reflecting strong participation in optical infrastructure buildout, Bank of America raised Cisco's price target from $114 to $135 and Ciena's from $550 to $660, showcasing an optimistic outlook for future performance.
  • Market Leadership: As the industry transitions from 400G to 800G pluggables, both Cisco and Ciena are positioned to maintain leading market shares within the rapidly growing optical cycle, further solidifying their competitive advantages in the sector.
  • Buy Ratings Maintained: Bank of America maintains Buy ratings on both Ciena and Cisco, indicating analysts' positive sentiment regarding the long-term growth prospects of both companies in the optical networking space, expected to benefit from increasing hyperscale demand.
Newsfilter
7.5
05-25Newsfilter
Biznet Upgrades Submarine Cable System to Enhance Internet Services
  • Technology Upgrade: Biznet has deployed Ciena's WaveLogic 5 Extreme on its Biznet Nusantara Cable System-1 submarine cable, aiming to deliver 400G high-speed services, thereby enhancing internet connectivity across Indonesian islands to meet increasing bandwidth demands.
  • Digitalization Acceleration: By collaborating with Ciena and Terrabit Networks, Biznet has not only increased network capacity but also achieved more efficient network control and automation, which is expected to significantly improve customer digital experiences and drive digital transformation in Indonesia.
  • Market Demand Response: Ciena's regional director highlighted that Indonesia, as a key connectivity hub in Southeast Asia, is experiencing exponential growth in demand for high-capacity, low-latency connectivity in the AI era, and this upgrade will enable Biznet to better meet this demand and support long-term growth.
  • Enhanced International Connectivity: The upgrade not only increases capacity on BNCS-1 but also improves the international gateway capacity of the Batam-Singapore link, ensuring customers can access global services faster and providing more stable and reliable connections.
NASDAQ.COM
9.5
05-23NASDAQ.COM
Ciena's Technology Fuels Data Center Growth
  • Accelerating Revenue Growth: Ciena's total revenue grew by 33% last quarter, with management projecting a full-year growth of 28%, indicating a rapid expansion in market share amid surging demand for data center construction.
  • Margin Expansion: Management expects operating margins to rise from 11.2% last year to 18.5%, reflecting significant improvements in cost control and technological advantages, which further enhance the company's financial health.
  • Technological Leadership: Ciena's 1.6 Tbps product delivers double the transmission capacity at the same power consumption, significantly reducing energy costs for data transmission, which is crucial for energy-constrained hyperscalers, thereby enhancing its competitive edge.
  • Valuation Considerations: Despite Ciena's stock price surge due to strong revenue and earnings growth, its enterprise value stands at approximately $77 billion with a 58x EBITDA multiple, prompting investors to carefully consider profit-taking at this elevated valuation.
Fool
7.5
05-23Fool
Ciena's Stock Soars 609% Amid AI Data Center Demand
  • Strong Revenue Growth: Ciena's total revenue accelerated by 33% last quarter, with management projecting a full-year growth rate of 28%, indicating significant benefits from AI data center developments, particularly as cloud providers now contribute 42% of revenue.
  • Technological Leadership: The introduction of Ciena's 1.6 Tbps product, which doubles capacity per wavelength while maintaining the same power requirements as an 800 Gbps system, provides a significant cost advantage in energy-constrained hyperscalers, reinforcing its market position.
  • Sustained R&D Investment: Ciena allocates 20% to 25% of its revenue to R&D, allowing it to maintain a technological edge in long-haul data networking equipment, particularly in optical networking innovations, ensuring competitive advantages.
  • Investor Valuation Concerns: Despite the stock price surge driven by robust revenue and earnings growth, Ciena's enterprise value stands at approximately $77 billion with a 58x earnings multiple, prompting investors to consider profit-taking as data center expansions may slow down.
Wall Street analysts forecast CIEN stock price to rise
14 Analyst Rating
Wall Street analysts forecast CIEN stock price to rise
9 Buy
5 Hold
0 Sell
Moderate Buy
Current: 0.000
sliders
Low
190.00
Averages
253.50
High
305.00
Current: 0.000
sliders
Low
190.00
Averages
253.50
High
305.00
Stifel
Buy
maintain
$585 -> $615
AI Analysis
2026-05-29
New
Reason
Stifel
Price Target
$585 -> $615
AI Analysis
2026-05-29
New
maintain
Buy
Reason
Stifel raised the firm's price target on Ciena to $615 from $585 and keeps a Buy rating on the shares. The firm expects Ciena's fiscal Q2 results to extend the Q1 "beat-raise motif," the analyst tells investors in a preview.
BofA
Tal Liani
Buy
maintain
$550 -> $660
2026-05-26
New
Reason
BofA
Tal Liani
Price Target
$550 -> $660
2026-05-26
New
maintain
Buy
Reason
BofA analyst Tal Liani raised the firm's price target on Ciena (CIEN) to $660 from $550 and keeps a Buy rating on the shares. Cisco's (CSCO) recent fiscal Q3 results and commentary around continued strong demand for Acacia keep the firm positive on the underlying demand environment for Optical Networking, the analyst tells investors.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for CIEN
Unlock Now

Valuation Metrics

The current forward P/E ratio for Ciena Corp (CIEN.N) is 128.21, compared to its 5-year average forward P/E of 28.19. For a more detailed relative valuation and DCF analysis to assess Ciena Corp's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PE
28.19
Current PE
128.21
Overvalued PE
46.05
Undervalued PE
10.33

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average EV/EBITDA
18.97
Current EV/EBITDA
70.70
Overvalued EV/EBITDA
34.07
Undervalued EV/EBITDA
3.88

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
2.61
Current PS
10.81
Overvalued PS
4.34
Undervalued PS
0.88

Financials

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Ciena Corp
32.66B

Whales Holding CIEN

A
Atreides Management, LP
Holding
CIEN
+44.24%
3M Return
W
Wt Asset Management Ltd
Holding
CIEN
+42.66%
3M Return
A
Analog Century Management, LP
Holding
CIEN
+36.39%
3M Return
P
Polar Capital Holdings Plc
Holding
CIEN
+36.35%
3M Return
W
Whale Rock Capital Management LLC
Holding
CIEN
+35.04%
3M Return
P
Peak6 Group LLC
Holding
CIEN
+28.35%
3M Return

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Frequently Asked Questions

What is Ciena Corp (CIEN) stock price today?

The current price of CIEN is 564.43 USD — it has decreased -1.01

What is Ciena Corp (CIEN)'s business?

Ciena Corporation is a network system, software, and services company which provides hardware, software, and services to a range of network operators and enables enhanced network capacity, service delivery, and automation. Its segments include Networking Platforms, Platform Software and Services, Blue Planet Automation Software and Services, and Global Services. Networking Platforms segment consists of Optical Networking and Routing and Switching portfolios. Platform Software and Services which provides domain control management, analytics, data and planning tools and applications to assist customers in managing their networks. Blue Planet Automation Software and Services includes inventory management (BPI), multi-domain service orchestration, multi-cloud orchestration, route optimization and analysis (ROA), and unified assurance and analytics (UAA). Global Services segment offers a suite of value-added services that help its customers to build, operate and improve their networks.

What is the price predicton of CIEN Stock?

Wall Street analysts forecast CIEN stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for CIEN is253.50 USD with a low forecast of 190.00 USD and a high forecast of 305.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Ciena Corp (CIEN)'s revenue for the last quarter?

Ciena Corp revenue for the last quarter amounts to 1.43B USD, increased 33.09

What is Ciena Corp (CIEN)'s earnings per share (EPS) for the last quarter?

Ciena Corp. EPS for the last quarter amounts to 1.03 USD, increased 232.26

How many employees does Ciena Corp (CIEN). have?

Ciena Corp (CIEN) has 8898 emplpoyees as of May 29 2026.

What is Ciena Corp (CIEN) market cap?

Today CIEN has the market capitalization of 82.31B USD.