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CIEN Overview

-
$
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
451.030
Open
450.800
VWAP
434.17
Vol
1.29M
Mkt Cap
61.82B
Low
425.501
Amount
561.48M
EV/EBITDA(TTM)
75.29
Total Shares
141.55M
EV
62.15B
EV/OCF(TTM)
60.18
P/S(TTM)
11.41
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)
2026-06-17
09:30:00
Blue Planet Launches Configuration and Change Management Solution
select
2026-06-10 (ET)
2026-06-10
15:40:00
Quantum Computing Company Quantinuum IPO Priced at $60
select
2026-06-08 (ET)
2026-06-08
16:30:00
S&P and Nasdaq Bounce Back as Semiconductor Stocks Recover
select
2026-06-08
12:10:00
Major Averages Bounce Back, Oil Prices Rise
select

News

Yahoo Finance
5.0
06-17Yahoo Finance
Executive Share Sale Announcement
  • Executive Share Sale: David M Rothenstein sold 2,500 shares on June 15, 2026, which may indicate a shift in confidence regarding the company's future, although the specific reasons for the sale remain unclear.
  • Market Reaction Monitoring: This share sale could prompt market interpretations of internal signals, and investors should watch for subsequent stock price fluctuations and executive actions to assess the long-term value implications for the company.
  • Executive Holding Changes: Rothenstein's share sale may influence investor perceptions of the company's governance structure, particularly regarding how executive ownership impacts decision-making and market confidence.
  • Transparency and Compliance: The public disclosure of executive share transactions aligns with regulatory requirements, enhancing the company's performance in transparency, which could positively affect investor confidence.
seekingalpha
2.0
06-16seekingalpha
Analysis of Chip and AI Stock Market Fluctuations
  • Market Fluctuations: On Tuesday, chip and AI-related stocks experienced declines, with the Nasdaq Composite dipping around 0.5% and the S&P 500 slipping about 0.18%, indicating mixed investor sentiment following the U.S.-Iran peace deal.
  • AMD and Rackspace Partnership: Despite a 4% drop in AMD's stock, the company signed an agreement with Rackspace Technology for the phased deployment of 30 MW of AI compute, highlighting its ongoing investment in AI infrastructure, which may enhance its competitive position in the future.
  • CoreWeave's Strong Performance: CoreWeave's stock surged about 9%, with analysts noting that the company is set to materially exceed consensus backlog estimates for Q2 2026, indicating robust growth potential in the AI infrastructure market.
  • Competitor Dynamics: While CoreWeave thrived, its rival Nebius rose about 2% after completing its acquisition of Eigen AI, yet other competitors like Applied Optoelectronics and Lumentum fell approximately 8% and 9%, reflecting intensified competition and market uncertainty.
Fool
7.5
06-16Fool
Surging Demand for Optical Networking Components
  • Surging Market Demand: The rapid advancement of artificial intelligence is expected to drive a 9x increase in demand for optical networking components over the next two years, with the total addressable market reaching $154 billion, providing significant growth opportunities for companies like Lumentum, Ciena, and Coherent.
  • Supply Shortage Phenomenon: According to McKinsey, optical transceivers capable of 800 Gbps will face a 40% to 60% supply shortage by 2027, while those at 1.6 Tbps will see a 30% to 40% shortfall, further driving price increases and enhancing company margins.
  • Impressive Financial Performance: Lumentum's non-GAAP earnings per share surged over 4x year-over-year to $2.37, with quarterly earnings expected to rise 236%; Ciena reported a 290% earnings increase and raised its full-year forecast to $6.3 billion, reflecting robust market demand.
  • Long-Term Contracts Signed: Coherent is signing long-term agreements with customers extending into 2030, with orders already in place for 2028, and is expected to see a 55% increase in earnings for fiscal 2027, indicating a successful strategic positioning to meet rising market demand.
stocktwits
6.0
06-12stocktwits
JPMorgan Doubles Nokia Price Target to $21, Signaling 50% Upside
  • Price Target Increase: JPMorgan analyst Sandeep Deshpande raised Nokia's price target from $14 to $21, indicating approximately 50% upside from last Thursday's closing price, reflecting a positive market outlook on Nokia's future growth potential.
  • Increased Optical Investments: Nokia CEO Justin Hotard announced plans to boost investments in optical networks due to soaring demand, aiming to capture accelerating needs from AI and cloud customers, thereby strengthening its competitive edge in the optical market.
  • Strong Order Growth: JPMorgan highlighted that Nokia's €1 billion ($1.16 billion) orders in cloud and AI are primarily from its optical networks business, with expectations for significant order acceleration by 2026, driving revenue growth in the coming years.
  • Market Competitive Advantage: With restrictions on Chinese competitors in Western markets, Nokia and rival Ciena have become the primary suppliers of optical equipment, leading both JPMorgan and Morningstar to assert that Nokia's leadership in data center interconnect and optical transport will further solidify its market position.
NASDAQ.COM
4.5
06-11NASDAQ.COM
Analysis of the Importance of Market Capitalization
  • Significance of Market Capitalization: Market capitalization provides investors with a true basis for comparing company values, with Travelers Companies Inc (TRV) at $64.51 billion and Ciena Corp (CIEN) at $61.53 billion, highlighting TRV's relative strength in the market.
  • True Basis for Stock Comparison: Simply comparing stock prices does not reflect the true value of a company; market capitalization accounts for the number of shares outstanding, enabling investors to make more informed decisions through accurate 'apples-to-apples' comparisons.
  • Impact of Company Size on Investment: A company's market capitalization determines its size tier among peers, directly influencing which mutual funds and ETFs are willing to hold the stock, as funds focused on large-cap stocks may only consider companies valued over $10 billion.
  • Dynamic Market Performance Observation: As of Thursday's close, TRV is up about 0.2% while CIEN is up about 2.1%, reflecting differing investor sentiments and expectations for these two companies, further emphasizing the importance of market capitalization in investment decisions.
Newsfilter
8.5
06-11Newsfilter
Ciena Closes $2.875 Billion Convertible Notes Offering
  • Offering Size: Ciena successfully closed a $2.875 billion offering of 0.00% convertible senior notes, including $375 million from the full exercise of the greenshoe option, reflecting strong market demand and enhancing the company's capital structure.
  • Lower Interest Expense: This issuance lowers Ciena's overall interest expense and is immediately accretive to Earnings per Share, thereby enhancing financial flexibility and positioning the company to better meet future market demands.
  • Diverse Use of Proceeds: The net proceeds will be utilized for convertible note hedge transactions, repurchasing approximately 0.3 million shares of common stock, repaying about $1.14 billion in term loans, and enhancing supply chain capacity, showcasing the company's strategic investment diversity.
  • Optimized Conversion Terms: The effective conversion price for the notes is raised to $1,000 per share, with the company paying cash up to the principal amount upon conversion, mitigating potential dilution risks while maintaining shareholder value.
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
Argus
Jim Kelleher
Buy
maintain
$370 -> $650
AI Analysis
2026-06-05
Reason
Argus
Jim Kelleher
Price Target
$370 -> $650
AI Analysis
2026-06-05
maintain
Buy
Reason
Argus analyst Jim Kelleher raised the firm's price target on Ciena to $650 from $370 and keeps a Buy rating on the shares after the company posted above-consensus revenue and non-GAAP EPS for Q2 and raised its already strong FY26 sales and profit outlook. Ciena's rapidly AI networking opportunity has led to surging orders and back-log, new markets, and new customers, and while investment in growth is pressuring margin in the near term, volume leverage should offset that negative in coming quarters, the analyst tells investors in a research note.
Barclays
Tim Long
Overweight
maintain
$372 -> $607
2026-06-05
Reason
Barclays
Tim Long
Price Target
$372 -> $607
2026-06-05
maintain
Overweight
Reason
Barclays analyst Tim Long raised the firm's price target on Ciena to $607 from $372 and keeps an Overweight rating on the shares. The company reported a "beat and raise" quarter with a backlog up $600M quarter-over-quarter, the analyst tells investors in a research note. The firm upped the stock's multiple to reflect Ciena's hyper-rail business and ramping data center out-of-band management opportunities. Barclays sees potential upside estimates through fiscal 2026 given the company's expanding applications and cloud customer base.
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Valuation Metrics

The current forward P/E ratio for Ciena Corp (CIEN.N) is 65.79, compared to its 5-year average forward P/E of 29.04. 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
29.04
Current PE
65.79
Overvalued PE
48.46
Undervalued PE
9.62

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
19.47
Current EV/EBITDA
43.83
Overvalued EV/EBITDA
35.09
Undervalued EV/EBITDA
3.85

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
2.69
Current PS
7.60
Overvalued PS
4.56
Undervalued PS
0.82

Financials

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Whales Holding CIEN

W
Wt Asset Management Ltd
Holding
CIEN
+48.44%
3M Return
A
Analog Century Management, LP
Holding
CIEN
+44.43%
3M Return
P
Polar Capital Holdings Plc
Holding
CIEN
+42.54%
3M Return
A
Atreides Management, LP
Holding
CIEN
+42.18%
3M Return
P
Portolan Capital Management, LLC
Holding
CIEN
+40.42%
3M Return
W
Whale Rock Capital Management LLC
Holding
CIEN
+38.67%
3M Return

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Frequently Asked Questions

What is Ciena Corp (CIEN) stock price today?

The current price of CIEN is 425.98 USD — it has decreased -2.46

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 1.57B USD, increased 39.51

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

Ciena Corp. EPS for the last quarter amounts to 1.49 USD, increased 2383.33

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

Ciena Corp (CIEN) has 8898 emplpoyees as of June 18 2026.

What is Ciena Corp (CIEN) market cap?

Today CIEN has the market capitalization of 61.82B USD.