Ciena Corporation (CIEN)

US — Technology Sector
Peers: CRDO  HPE  WIT  SATS  ASTS  ERIC  BR  ZM  TDY  TER 

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Key Metrics & Ratings

  • symbol CIEN
  • Rev/Share 33.7003
  • Book/Share 19.2848
  • PB 11.6164
  • Debt/Equity 0.5797
  • CurrentRatio 2.7251
  • ROIC 0.0535

 

  • MktCap 31599341598.0
  • FreeCF/Share 4.7008
  • PFCF 47.497
  • PE 257.0569
  • Debt/Assets 0.2698
  • DivYield 0
  • ROE 0.0445

 

  • Rating C+
  • Score 2
  • Recommendation Sell
  • P/E Score 1
  • DCF Score 3
  • P/B Score 1
  • D/E Score 1

Recent Analyst Ratings

Type Ticker Analyst Firm Previous Rating Current Rating Previous Price Target Current Price Target Date
Downgrade CIEN Northland Capital Outperform Market Perform -- $190 Dec. 12, 2025
Upgrade CIEN BNP Paribas Exane Neutral Outperform -- $185 Oct. 13, 2025
Upgrade CIEN Morgan Stanley Underweight Equal Weight -- $140 Oct. 10, 2025
Upgrade CIEN Rosenblatt Neutral Buy -- $175 Sept. 26, 2025
Reiterated CIEN Needham -- Buy $90 $130 Sept. 5, 2025
Downgrade CIEN B. Riley Securities Buy Neutral -- $113 Sept. 5, 2025
Downgrade CIEN Morgan Stanley Equal Weight Underweight -- $70 July 8, 2025
Upgrade CIEN Northland Capital Market Perform Outperform -- $75 March 12, 2025
Upgrade CIEN JP Morgan Neutral Overweight $84 $88 Jan. 28, 2025
Upgrade CIEN BofA Securities Neutral Buy $70 $95 Dec. 13, 2024

News

Boost Your Portfolio Returns With These 4 Top-Performing Liquid Stocks
CIEN, EVER, GCT, PAAS
Published: January 09, 2026 by: Zacks Investment Research
Sentiment: Positive

CIEN, EVER, PAAS and GCT make the cut as the top liquid stocks, each boasting strong liquidity, growth attributes and operational efficiency.

Read More
image for news Boost Your Portfolio Returns With These 4 Top-Performing Liquid Stocks
Buy 3 Communication Components Stocks Flying High on Massive AI Boom
CIEN, GLW, LITE
Published: January 08, 2026 by: Zacks Investment Research
Sentiment: Positive

CIEN, LITE and GLW lead the Communication Components group riding on surging AI-driven network demand.

Read More
image for news Buy 3 Communication Components Stocks Flying High on Massive AI Boom
5 Momentum Stocks to Buy for January After a Mixed December
CIEN, CNM, HOOD, IOT, MDB
Published: January 07, 2026 by: Zacks Investment Research
Sentiment: Positive

January momentum looks intact as HOOD, MDB, IOT, CIEN and CNM stand out after December's mixed finish.

Read More
image for news 5 Momentum Stocks to Buy for January After a Mixed December
Why Ciena (CIEN) is a Top Momentum Stock for the Long-Term
CIEN
Published: January 06, 2026 by: Zacks Investment Research
Sentiment: Positive

Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.

Read More
image for news Why Ciena (CIEN) is a Top Momentum Stock for the Long-Term
Why Relative Price Strength Matters More Heading Into 2026
CIEN, CMC, JBL, PAA
Published: January 05, 2026 by: Zacks Investment Research
Sentiment: Positive

JBL, CIEN, CMC and PAA show strong relative price strength, earnings momentum, and rising analyst estimates for 2026.

Read More
image for news Why Relative Price Strength Matters More Heading Into 2026
Can Surging AI Cloud Orders Power Ciena's FY26 Revenue Expansion?
CIEN
Published: January 05, 2026 by: Zacks Investment Research
Sentiment: Positive

CIEN enters fiscal 2026 with record results as AI-driven cloud and service provider orders boost backlog and support a nearly 24% revenue growth outlook.

Read More
image for news Can Surging AI Cloud Orders Power Ciena's FY26 Revenue Expansion?
Can Ciena's Strong Cash Flow Generation Support Continued Buybacks?
CIEN
Published: January 02, 2026 by: Zacks Investment Research
Sentiment: Neutral

CIEN's $665M free cash flow and $1.4B cash fuels $330M in buybacks, with similar repurchases planned as its 2026 revenue outlook jumps.

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image for news Can Ciena's Strong Cash Flow Generation Support Continued Buybacks?
4 Stocks to Buy for 2026 That Are Better Bets Than Crypto
CIEN, CRDO, HOOD, MU
Published: December 30, 2025 by: Zacks Investment Research
Sentiment: Positive

Here we pick four stocks, HOOD, MU, CIEN and CRDO, which are better investments than cryptocurrencies in 2026.

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image for news 4 Stocks to Buy for 2026 That Are Better Bets Than Crypto
Santa Claus Rally Ahead? 3 Stocks That Could Pop Before 2025 Ends
CIEN, NVDA, SNDK
Published: December 30, 2025 by: Zacks Investment Research
Sentiment: Positive

NVIDIA, Sandisk and Ciena are positioned to ride year-end momentum, tapping AI, storage and networking trends ahead of 2026.

Read More
image for news Santa Claus Rally Ahead? 3 Stocks That Could Pop Before 2025 Ends
4 Top-Ranked Liquid Stocks to Enhance Portfolio Returns in 2026
CIEN, CMC, EVER, PJT
Published: December 26, 2025 by: Zacks Investment Research
Sentiment: Positive

CIEN, EVER, PJT and CMC make the cut as the top liquid stocks, each boasting strong liquidity, growth attributes and operational efficiency.

Read More
image for news 4 Top-Ranked Liquid Stocks to Enhance Portfolio Returns in 2026
Weekly Option Windfall: AI Communications Giant Flexes 30% Profit Potential
CIEN
Published: December 19, 2025 by: Zacks Investment Research
Sentiment: Negative

Regardless of whether CIEN increases in price, remains flat, or even loses 10%, our option spread trade will produce a 30% return.

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image for news Weekly Option Windfall: AI Communications Giant Flexes 30% Profit Potential
Can Ciena (CIEN) Run Higher on Rising Earnings Estimates?
CIEN
Published: December 17, 2025 by: Zacks Investment Research
Sentiment: Positive

Ciena (CIEN) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

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image for news Can Ciena (CIEN) Run Higher on Rising Earnings Estimates?
Looking for Earnings Beat? Buy These 5 Top-Ranked Stocks
ALL, CIEN, DLTR, HOOD, TECK
Published: December 17, 2025 by: Zacks Investment Research
Sentiment: Positive

Top-ranked stocks Dollar Tree (DLTR), Teck Resources (TECK), Allstate (ALL), Ciena (CIEN) and Robinhood Markets (HOOD) are likely to beat on the bottom line in their upcoming releases.

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image for news Looking for Earnings Beat? Buy These 5 Top-Ranked Stocks
Interpreting Ciena (CIEN) International Revenue Trends
CIEN
Published: December 16, 2025 by: Zacks Investment Research
Sentiment: Negative

Review Ciena's (CIEN) international revenue performance and how it affects the predictions of financial analysts on Wall Street and the future prospects for the stock.

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image for news Interpreting Ciena (CIEN) International Revenue Trends
Ciena's AI Growth Is Just Starting: Analyst
CIEN
Published: December 12, 2025 by: Benzinga
Sentiment: Positive

Ciena Corp (NYSE: CIEN) stock gave up its Thursday gains despite Wall Street analysts boosting their price forecasts on the stock.

Read More
image for news Ciena's AI Growth Is Just Starting: Analyst
CIEN Q4 Earnings Crush Estimates on Record Sales, AI Trends Lift Stock
CIEN
Published: December 12, 2025 by: Zacks Investment Research
Sentiment: Positive

Ciena posts strong fiscal Q4 2025 results with surging optical demand, a $5B backlog and raised 2026 outlook, sending shares sharply higher.

Read More
image for news CIEN Q4 Earnings Crush Estimates on Record Sales, AI Trends Lift Stock
Ciena Corporation (CIEN) Q4 2025 Earnings Call Transcript
CIEN
Published: December 11, 2025 by: Seeking Alpha
Sentiment: Neutral

Ciena Corporation (CIEN) Q4 2025 Earnings Call Transcript

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image for news Ciena Corporation (CIEN) Q4 2025 Earnings Call Transcript
Why Ciena Shares Jumped After Posting Fourth-Quarter Earnings
CIEN
Published: December 11, 2025 by: Seeking Alpha
Sentiment: Positive

Ciena (CIEN) delivered robust Q4 results, with revenue up 20% YoY and strong beats on both earnings and revenue expectations. CIEN issued bullish guidance for Q1/2026 and fiscal 2026, citing durable demand from cloud and service provider customers amid AI-driven network expansion. Operating margin improved to 11.2% for the year, and management highlighted adaptive networks and AI-driven analytics as key growth opportunities.

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image for news Why Ciena Shares Jumped After Posting Fourth-Quarter Earnings
Ciena (CIEN) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
CIEN
Published: December 11, 2025 by: Zacks Investment Research
Sentiment: Positive

The headline numbers for Ciena (CIEN) give insight into how the company performed in the quarter ended October 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Read More
image for news Ciena (CIEN) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
Ciena (CIEN) Tops Q4 Earnings and Revenue Estimates
CIEN
Published: December 11, 2025 by: Zacks Investment Research
Sentiment: Positive

Ciena (CIEN) came out with quarterly earnings of $0.91 per share, beating the Zacks Consensus Estimate of $0.77 per share. This compares to earnings of $0.54 per share a year ago.

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image for news Ciena (CIEN) Tops Q4 Earnings and Revenue Estimates
Ciena (CIEN) Upgraded to Buy: Here's What You Should Know
CIEN
Published: December 10, 2025 by: Zacks Investment Research
Sentiment: Positive

Ciena (CIEN) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

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image for news Ciena (CIEN) Upgraded to Buy: Here's What You Should Know
Here's Why Ciena (CIEN) is a Strong Momentum Stock
CIEN
Published: December 10, 2025 by: Zacks Investment Research
Sentiment: Positive

Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.

Read More
image for news Here's Why Ciena (CIEN) is a Strong Momentum Stock
Ciena's Q4 Earnings Coming Up: What's in the Cards for CIEN Stock?
CIEN
Published: December 08, 2025 by: Zacks Investment Research
Sentiment: Positive

CIEN's fiscal Q4 2025 outlook is driven by surging cloud and service provider demand plus major AI network wins boosting optical and interconnect momentum.

Read More
image for news Ciena's Q4 Earnings Coming Up: What's in the Cards for CIEN Stock?
Insights Into Ciena (CIEN) Q4: Wall Street Projections for Key Metrics
CIEN
Published: December 08, 2025 by: Zacks Investment Research
Sentiment: Positive

Looking beyond Wall Street's top-and-bottom-line estimate forecasts for Ciena (CIEN), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended October 2025.

Read More
image for news Insights Into Ciena (CIEN) Q4: Wall Street Projections for Key Metrics
The AI Boom Is Powering an Unexpected Stock Surge—And These 3 Companies Are Winning Big
CIEN, COHR, LITE
Published: December 03, 2025 by: MarketBeat
Sentiment: Positive

Communication technology companies have been red hot lately, with several leading names within the communication equipment industry surging triple digits year-to-date (YTD). It's an industry that, before the second half of this year, had barely received any attention.

Read More
image for news The AI Boom Is Powering an Unexpected Stock Surge—And These 3 Companies Are Winning Big
Josh Brown's best stocks in the market: Morgan Stanley, Baker Hughes and Ciena
BKR, CIEN, MS
Published: December 02, 2025 by: CNBC Television
Sentiment: Positive

Josh Brown, CEO at Ritholtz Wealth Management, joins CNBC's 'Halftime Report' to spotlight some stocks in his 'best stocks in the market."

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image for news Josh Brown's best stocks in the market: Morgan Stanley, Baker Hughes and Ciena
Touchstone Small Company Fund Q3 2025 Performance Review
APLE, CERT, CIEN, EME, GPOR, HAE, KLIC, MMS, NXT, OPCH, RAMP, SLGN, SPSC, TSEM, VRNT
Published: November 27, 2025 by: Seeking Alpha
Sentiment: Negative

The Touchstone Small Company Fund underperformed its benchmark, the Russell 2000 Index, for the quarter ended September 30, 2025. Among the Fund's top-performing sectors in terms of adding value were Financials and Consumer Staples. From a factor perspective, the Fund's focus on profitable, liquid, and higher quality small cap stocks negatively impacted relative performance during the quarter.

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image for news Touchstone Small Company Fund Q3 2025 Performance Review
3 Communication Stocks Likely to Sail With Industry Tailwinds
CIEN, GLW, OOMA
Published: November 04, 2025 by: Zacks Investment Research
Sentiment: Positive

Increased fiber densification, cloud focus and accelerated pace of 5G deployment should help the Zacks Communication - Components industry thrive despite short-term headwinds. GLW, CIEN and OOMA are well-positioned to make the most of the demand for seamless connectivity solutions.

Read More
image for news 3 Communication Stocks Likely to Sail With Industry Tailwinds
Arista Networks Vs Ciena: Which Is The Stronger Buy Today?
ANET, CIEN
Published: October 21, 2025 by: Forbes
Sentiment: Neutral

Although Ciena spiked by 25% over the past month, its counterpart Arista Networks could represent a more favorable investment. Regularly assessing other options is essential to a solid investment strategy.

Read More
image for news Arista Networks Vs Ciena: Which Is The Stronger Buy Today?
Trans Americas Fiber System Deploys Ciena High-Capacity Optical Technology on TAM-1 Submarine Cable
CIEN
Published: October 21, 2025 by: Business Wire
Sentiment: Neutral

MIAMI, Fla. & HANOVER, Md.--(BUSINESS WIRE)--Trans Americas Fiber System (TAFS) is transforming digital infrastructure across the Americas with its new TAM-1 subsea cable system, a next-generation network designed to deliver unprecedented capacity, scalability, and resiliency to the region. TAM-1 will be the first scalable, neutral fiber system built in decades to connect Central America and the Caribbean directly to the U.S., with landing points in Mexico, Colombia, and key markets across the.

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image for news Trans Americas Fiber System Deploys Ciena High-Capacity Optical Technology on TAM-1 Submarine Cable

About Ciena Corporation (CIEN)

  • IPO Date 1997-02-07
  • Website https://www.ciena.com
  • Industry Communication Equipment
  • CEO Gary Smith
  • Employees 8795

Ciena Corporation provides network hardware, software, and services that support the transport, routing, switching, aggregation, service delivery, and management of video, data, and voice traffic on communications networks worldwide. The company's Networking Platforms segment offers hardware networking products and solutions that optimized for the convergence of coherent optical transport, optical transport network switching, and packet switching. Its products include 6500 Packet-Optical Platform, 5430 Reconfigurable Switching System, Waveserver stackable interconnect system, and the 6500 Reconfigurable line system, and the 5400 family of Packet-Optical platforms, as well as Z-Series Packet-Optical Platform; 3000 family of service delivery switches and service aggregation switches, and the 5000 family of service aggregation switches, as well as 8700 Packetwave Platform and the Ethernet packet configuration for the 5410 Service Aggregation Switch; and 6500 Packet Transport System. This segment also sells operating system software and enhanced software features embedded in each of its products. The company's Blue Planet Automation Software and Services segment provides multi-domain service orchestration, inventory, route optimization and analysis, network function virtualization orchestration, analytics, and related services. Its Platform Software and Service segment offers OneControl unified management system and platform software services, as well as manage, control, and plan software. The company's Global Services segment provides consulting and network design, installation and deployment, maintenance support, and training services. The company sells its products through direct and indirect sales channels to network operators. Ciena Corporation was founded in 1992 and is headquartered in Hanover, Maryland.