Ciena/$CIEN
1D1W1M3M6MYTD1Y5YMAX
Capital at risk
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
- Fulton, United States
- Website
- www.ciena.com
Ciena Metrics
BasicAdvanced
$50B
78.47
$4.47
1.31
-
Price and volume
Market cap
$50B
Beta
1.31
52-week high
$637.51
52-week low
$168.22
Average daily volume
3M
Financial strength
Current ratio
3.797
Quick ratio
2.788
Long term debt to equity
1.069
Total debt to equity
1.075
Interest coverage (TTM)
12.16%
Profitability
EBITDA (TTM)
1,025.539
Gross margin (TTM)
44.07%
Net profit margin (TTM)
10.87%
Operating margin (TTM)
14.12%
Effective tax rate (TTM)
9.82%
Revenue per employee (TTM)
$670,000
Management effectiveness
Return on assets (TTM)
7.73%
Return on equity (TTM)
22.40%
Valuation
Price to earnings (TTM)
78.469
Price to revenue (TTM)
8.286
Price to book
16.3
Price to tangible book (TTM)
21.16
Price to free cash flow (TTM)
61.258
Free cash flow yield (TTM)
1.63%
Free cash flow per share (TTM)
5.732
Growth
Revenue change (TTM)
32.57%
Earnings per share change (TTM)
356.82%
3-year revenue growth (CAGR)
12.51%
10-year revenue growth (CAGR)
8.86%
3-year earnings per share growth (CAGR)
44.82%
10-year earnings per share growth (CAGR)
39.36%
What the Analysts think about Ciena
Analyst ratings (Buy, Hold, Sell) for Ciena stock.
Analyst projections of the future price of Ciena stock.
Bulls say / Bears say
Ciena’s growth is already translating into stronger results: third-quarter revenue rose 37% year on year and adjusted EPS rose 215%. It raised its 2026 revenue outlook to about $6.42 billion, implying 35% growth at the midpoint. (Ciena)
Orders are building faster than Ciena can ship: its backlog reached $8.5 billion, and management expects it to exceed $10 billion by the end of 2026. That gives the business substantial demand visibility, with management also guiding to at least 30% revenue growth in 2027. (The Motley Fool)
Customer deployments of WaveLogic 6 Extreme show that Ciena’s high-capacity optical technology is moving into live networks. Telstra reported carrying 1.6 Tbps over about 1,100 km on its production network, supporting the case for further upgrades of existing fibre routes. (Converge Digest)
Ciena cannot yet turn all its demand into sales because component supply is constrained. Management expects supply and demand to remain out of balance until 2028, leaving growth dependent on how quickly capacity comes online. (Light Reading)
Revenue is heavily concentrated in a small number of customers: two each accounted for more than 10% and together made up 41.7% of third-quarter sales. A spending pause or order delay from either could therefore have a material effect on results. (Ciena)
The shares may leave limited room for execution setbacks: a recent report put Ciena’s forward earnings multiple at 35.7 times, well above its five-year median of 25.5 times. If growth or margins disappoint, that premium could weigh on the share price. (The Wiregazette)
Data summarised monthly by Lightyear AI. Last updated on 6 Oct 2026.
Ciena Financial Performance
Revenues and expenses
Ciena Earnings Performance
Company profitability
Upcoming events
No upcoming events
Ciena News
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Funds containing Ciena
AllUSDEURGBP
Fund name | Fund size | $CIEN weighting |
|---|---|---|
iShares Digital Security€L0CK | $1.9B | 1.47% |
iShares Edge MSCI World Momentum Factor$IWMO | $6B | 0.35% |
iShares Edge MSCI World Momentum Factor£IWFM | $6B | 0.35% |
Xtrackers MSCI World Momentum£XDEM | $2.4B | 0.35% |
Xtrackers Artificial Intelligence And Big Data€XAIX | $9B | 0.28% |
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.
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