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 11.3286
  • Debt/Equity 0.5797
  • CurrentRatio 2.7251
  • ROIC 0.0535

 

  • MktCap 30816504320.0
  • FreeCF/Share 4.7008
  • PFCF 46.3203
  • PE 250.6884
  • 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 2

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

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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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
Great Plains Communications Deploys Ciena Coherent Routing Solutions to Upgrade Network in Illinois and Indiana
CIEN
Published: October 08, 2025 by: GlobeNewsWire
Sentiment: Neutral

Meeting Growing High-Speed Broadband Demands Across Springfield, Champaign, Chicago, South Bend, Terre Haute and Indianapolis Meeting Growing High-Speed Broadband Demands Across Springfield, Champaign, Chicago, South Bend, Terre Haute and Indianapolis

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image for news Great Plains Communications Deploys Ciena Coherent Routing Solutions to Upgrade Network in Illinois and Indiana
Ciena (CIEN) is a Great Momentum Stock: Should You Buy?
CIEN
Published: September 26, 2025 by: Zacks Investment Research
Sentiment: Positive

Does Ciena (CIEN) have what it takes to be a top stock pick for momentum investors? Let's find out.

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image for news Ciena (CIEN) is a Great Momentum Stock: Should You Buy?
CIEN Boosts Interconnects Portfolio With Nubis Communications Buyout
CIEN
Published: September 23, 2025 by: Zacks Investment Research
Sentiment: Positive

Ciena is acquiring Nubis for $270 million, adding advanced interconnect tech and talent to fuel AI-driven network growth.

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image for news CIEN Boosts Interconnects Portfolio With Nubis Communications Buyout
Meet The Unstoppable Artificial Intelligence (AI) Stock That Has Jumped 112% in 6 Months. It Can Still Soar Higher.
CIEN
Published: September 19, 2025 by: The Motley Fool
Sentiment: Positive

The rapid adoption of artificial intelligence (AI) has turned out to be a massive tailwind for technology companies operating across diverse verticals.

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image for news Meet The Unstoppable Artificial Intelligence (AI) Stock That Has Jumped 112% in 6 Months. It Can Still Soar Higher.
Ciena's Stock Skyrockets 143% in 12 Months: Is More Upside Left?
CIEN
Published: September 12, 2025 by: Zacks Investment Research
Sentiment: Positive

CIEN shares surge 143% in a year, fueled by AI-driven demand, cloud adoption and record interconnect growth.

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image for news Ciena's Stock Skyrockets 143% in 12 Months: Is More Upside Left?
Will Ciena (CIEN) Gain on Rising Earnings Estimates?
CIEN
Published: September 10, 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 Will Ciena (CIEN) Gain on Rising Earnings Estimates?
Ciena (CIEN) Is Up 24.18% in One Week: What You Should Know
CIEN
Published: September 10, 2025 by: Zacks Investment Research
Sentiment: Positive

Does Ciena (CIEN) have what it takes to be a top stock pick for momentum investors? Let's find out.

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image for news Ciena (CIEN) Is Up 24.18% in One Week: What You Should Know
Ciena & REDIMadrid Collaborate on Next-Generation Data Transport
CIEN
Published: September 10, 2025 by: Zacks Investment Research
Sentiment: Positive

CIEN teams up with REDIMadrid to advance quantum-secure data transport while capitalizing on AI-driven bandwidth growth.

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image for news Ciena & REDIMadrid Collaborate on Next-Generation Data Transport
Understanding Ciena (CIEN) Reliance on International Revenue
CIEN
Published: September 08, 2025 by: Zacks Investment Research
Sentiment: Neutral

Explore Ciena's (CIEN) international revenue trends and how these numbers impact Wall Street's forecasts and what's ahead for the stock.

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image for news Understanding Ciena (CIEN) Reliance on International Revenue
CIEN Q3 Earnings & Sales Top, Stock Up on 91% Y/Y Bottom-Line Growth
CIEN
Published: September 05, 2025 by: Zacks Investment Research
Sentiment: Positive

Ciena posts a revenue and earnings surge, lifts outlook with AI-driven demand and sees shares jump over 23% on strong fiscal Q3 2025 results.

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image for news CIEN Q3 Earnings & Sales Top, Stock Up on 91% Y/Y Bottom-Line Growth
Ciena Q3: Today's Big Winner In The AI Buildout
CIEN
Published: September 04, 2025 by: Seeking Alpha
Sentiment: Positive

Ciena Corporation delivered a blowout quarter, beating revenue and earnings estimates, raising guidance, and surprising a market that had extremely low expectations. Cloud and AI-driven demand are fueling rapid growth, with cloud provider revenue up 94% and new product milestones achieved across WaveLogic and routing lines. Despite trading at a high earnings multiple, Ciena's growth-adjusted valuation, or PEG, is actually cheaper than its historical average, reflecting outsized growth.

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image for news Ciena Q3: Today's Big Winner In The AI Buildout
Ciena Q3 Review: Will Continue To Ride The AI Wave
CIEN
Published: September 04, 2025 by: Seeking Alpha
Sentiment: Positive

Ciena Corporation delivered strong Q3 results, driven by AI infrastructure demand and high-speed connectivity, but I believe the stock is trading at a premium. Management's focus on margin expansion and a shift to software/AI-driven solutions is impressive, with operating margin targets raised for 2026. Despite solid execution and optimistic guidance, I view the current valuation as stretched, even under bullish assumptions for growth and profitability.

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image for news Ciena Q3 Review: Will Continue To Ride The AI Wave
Ciena Corporation (CIEN) Q3 2025 Earnings Call Transcript
CIEN
Published: September 04, 2025 by: Seeking Alpha
Sentiment: Neutral

Ciena Corporation (NYSE:CIEN ) Q3 2025 Earnings Call September 4, 2025 8:30 AM EDT Company Participants Gregg Lampf - Vice President of Investor Relations Gary Smith - CEO, President & Director Marc Graff - Senior VP & CFO Scott McFeely - Executive Advisor Conference Call Participants George Notter - Wolfe Research, LLC Samik Chatterjee - JPMorgan Chase & Co, Research Division Meta Marshall - Morgan Stanley, Research Division Ruben Roy - Stifel, Nicolaus & Company, Incorporated, Research Division Simon Leopold - Raymond James & Associates, Inc., Research Division Timothy Long - Barclays Bank PLC, Research Division Timothy Savageaux - Northland …

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image for news Ciena Corporation (CIEN) Q3 2025 Earnings Call Transcript
Ciena (CIEN) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates
CIEN
Published: September 04, 2025 by: Zacks Investment Research
Sentiment: Neutral

While the top- and bottom-line numbers for Ciena (CIEN) give a sense of how the business performed in the quarter ended July 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

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image for news Ciena (CIEN) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates

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.