What’s the current market cap for Ciena stock?

Ciena (CIEN) has a market cap of $63bn as of June 15, 2026.

What is the P/E ratio for Ciena stock?

The price to earnings (P/E) ratio for Ciena (CIEN) stock is 148.29 as of June 15, 2026.

Does Ciena stock pay dividends?

No, Ciena (CIEN) stock does not pay dividends to its shareholders as of June 15, 2026.

When is the next Ciena dividend payment date?

Ciena (CIEN) stock does not pay dividends to its shareholders.

What is the beta indicator for Ciena?

Ciena (CIEN) has a beta rating of 1.24. This means that it is more volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 2 would indicate the stock moves twice as much as the market.

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About Ciena

Ciena is a leader in high-speed optical connectivity, providing systems, components, and automation software for telecom providers and enterprises, such as data centers, to enable long-distance connectivity. The company operates through four primary business segments: networking platforms, platform software and services, Blue Planet automation software, and global services. While telecom carriers remain important customers, cloud providers and hyperscalers now drive a significant portion of the business. To meet the demands of AI data centers, customers are adopting Ciena's WaveLogic 6 platform, the first to support 1.6 terabits-per-second capacity.

Ticker

$CIEN

Sector

Communication

Primary listing

NYSE

Employees

8,989

Headquarters

Hanover, United States

Website

www.ciena.com

Ciena Metrics

BasicAdvanced

$63bn

148.29

$3.01

1.24

What the Analysts think about Ciena

Analyst ratings (Buy, Hold, Sell) for Ciena stock.

Bulls say / Bears say

Ciena reported record Q1 fiscal 2026 revenue of $1.43 billion, up 33% year-over-year and at the upper end of its guidance, driven by unprecedented AI-fueled demand for high-speed optical systems.

Order backlog jumped to about $7 billion at the end of Q1 2026, providing a clear multi-year revenue outlook and highlighting strong, ongoing demand from hyperscalers, service providers, and neoscalers.

New product milestones—including the industry’s first high-density 6.4T Vesta optical engine, Nitro redriver, and first-to-market 800G ZR pluggables—underscore Ciena’s technology leadership in AI-driven data center connectivity.

Persistent supply chain constraints, especially for optical and photonic components, are expected to keep limiting Ciena’s ability to deliver on its $7 billion backlog over the next several quarters.

Revenue is heavily concentrated: three customers each made up more than 10% of Q1 fiscal 2026 sales and together represented 47.4% of total revenue. This exposes Ciena to the risk of spending slowdowns by a small number of large hyperscalers.

Ciena’s current trailing price-to-earnings ratio is about 367, which is well above its historical average and industry peers. This raises the risk of a lower valuation multiple if growth slows.

Data summarised monthly by Lightyear AI. Last updated on 1 Jun 2026.

Ciena Financial Performance

Revenues and expenses

QuarterlyAnnual

Q3 24

QoQ growth

Revenue

$37bn

-39.75%

Net income

$45bn

107.52%

Profit margin

37.65%

6.78%

Ciena Earnings Performance

Company profitability

QuarterlyAnnual

Q4 23

Q1 24

Q2 24

Q3 24

Q4 24

Actual

$3.69

$2.85

$2.45

$2.42

Expected

$3.55

$2.61

$2.05

$2.31

$3.94

Surprise

3.94%

9.20%

19.51%

4.63%

Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.

Real-time US market data is sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.

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Bulls say / Bears say

Ciena reported record Q1 fiscal 2026 revenue of $1.43 billion, up 33% year-over-year and at the upper end of its guidance, driven by unprecedented AI-fueled demand for high-speed optical systems.

Ciena’s current trailing price-to-earnings ratio is about 367, which is well above its historical average and industry peers. This raises the risk of a lower valuation multiple if growth slows.

Data summarised monthly by Lightyear AI. Last updated on 1 Jun 2026.