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 12.5617
  • Debt/Equity 0.0855
  • CurrentRatio 2.7251
  • ROIC 0.0346

 

  • MktCap 34240227166.0
  • FreeCF/Share 4.9519
  • PFCF 48.8565
  • PE 277.9753
  • Debt/Assets 0.0398
  • DivYield 0
  • ROE 0.0445

 

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

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

Lumen and Ciena Transmit Record-breaking 1.2 Tbps Wavelength Service Across 3,050 Kilometers
CIEN, LUMN
Published: March 27, 2025 by: PRNewsWire
Sentiment: Neutral

Network trial paves the way for hyperscalers and enterprises to have the bandwidth agility and cost-efficiency needed for AI and next-gen applications DENVER , March 27, 2025 /PRNewswire/ -- Lumen Technologies (NYSE: LUMN) and Ciena (NYSE: CIEN) have successfully established a 1.2 terabit wavelength service trial across 3,050 kilometers (more than 1,800 miles) on Lumen's Ultra-Low-Loss (ULL) fiber network, making it the world's longest 1.2 terabit non-regenerated signal. Using 800G interfaces, Lumen and Ciena successfully tested and qualified the services to support wavelength, Ethernet, and IP services over the 1.2 Tbps single carrier channel.

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image for news Lumen and Ciena Transmit Record-breaking 1.2 Tbps Wavelength Service Across 3,050 Kilometers
Ciena to Exhibit Industry-First Data Center Technologies at OFC 2025
CIEN
Published: March 26, 2025 by: Zacks Investment Research
Sentiment: Positive

CIEN to unveil coherent optical and IMDD technologies at OFC 2025, boosting scalability and flexibility for cloud and AI-driven data center networks.

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image for news Ciena to Exhibit Industry-First Data Center Technologies at OFC 2025
Ciena Posts Solid Q1 Beat, Raise; Guidance Could Be Missed Depending On 'Outcome Of Proposed Tariffs'
CIEN
Published: March 12, 2025 by: Benzinga
Sentiment: Neutral

Ciena Corp CIEN shares were climbing Wednesday after the company announced upbeat fiscal first-quarter results.

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image for news Ciena Posts Solid Q1 Beat, Raise; Guidance Could Be Missed Depending On 'Outcome Of Proposed Tariffs'
CIEN's Q1 Earnings Top, Revenues Up Y/Y on Strong Market Dynamics
CIEN
Published: March 12, 2025 by: Zacks Investment Research
Sentiment: Positive

Ciena's fiscal Q1 2025 performance is boosted by increasing market momentum across cloud and service providers. Blue Planet sales surge 87% year over year.

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image for news CIEN's Q1 Earnings Top, Revenues Up Y/Y on Strong Market Dynamics
Ciena (CIEN) Surpasses Q1 Earnings and Revenue Estimates
CIEN
Published: March 11, 2025 by: Zacks Investment Research
Sentiment: Positive

Ciena (CIEN) came out with quarterly earnings of $0.64 per share, beating the Zacks Consensus Estimate of $0.39 per share. This compares to earnings of $0.66 per share a year ago.

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image for news Ciena (CIEN) Surpasses Q1 Earnings and Revenue Estimates
Ciena's WaveLogic 6 Deployed by e& UAE to Boost Data Transmission
CIEN
Published: February 28, 2025 by: Zacks Investment Research
Sentiment: Positive

CIEN's WL6e deployed by e& UAE, a first in MEA, enabling ultra-fast 400G connectivity, 10Gb home services and meeting the demands of business customers.

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image for news Ciena's WaveLogic 6 Deployed by e& UAE to Boost Data Transmission
Ciena Q1 Earnings Preview: AI And Data Center Spending Needs To Be Strong
CIEN
Published: February 26, 2025 by: Seeking Alpha
Sentiment: Positive

Ciena Corporation's Q1 '25 earnings report is expected to show flat revenue growth, with EPS estimates of $0.41 non-GAAP and $0.14 GAAP on $1.05B in revenues. Key focus areas include AI-driven demand, data center spending, and the performance of new products like WaveLogic 6 Extreme and Nano. Management's confidence in long-term growth (8%-11%) hinges on robust AI and data center investments by tech giants like Meta, Amazon, and Alphabet.

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image for news Ciena Q1 Earnings Preview: AI And Data Center Spending Needs To Be Strong
Will Increasing Uptake of Ciena's WaveLogic 6 Extreme Buoy its Shares?
CIEN
Published: February 20, 2025 by: Zacks Investment Research
Sentiment: Positive

CIEN's advanced WaveLogic 6 Extreme solution is harnessed by Cirion Technologies to bolster the latter's digital infrastructure.

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image for news Will Increasing Uptake of Ciena's WaveLogic 6 Extreme Buoy its Shares?

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.