Ciena Corp
$ 297.25
-0.49%
11 Feb - close price
- Market Cap 42,133,402,000 USD
- Current Price $ 297.25
- High / Low $ 308.81 / 286.55
- Stock P/E 355.60
- Book Value 19.36
- EPS 0.84
- Next Earning Report 2026-03-05
- Dividend Per Share N/A
- Dividend Yield 0 %
- Next Dividend Date -
- ROA 0.03 %
- ROE 0.04 %
- 52 Week High 308.81
- 52 Week Low 49.21
About
Ciena Corporation is a forefront innovator in the networking industry, specializing in advanced hardware, software, and services that optimize the transport and management of video, data, and voice traffic worldwide. Headquartered in Hanover, Maryland, Ciena leverages its commitment to innovation to empower service providers and enterprises, enhancing network efficiency and scalability to meet the growing demands of data traffic and cloud-based services. With a strategic focus on delivering cutting-edge solutions, Ciena is well-positioned to play a transformative role in the evolving communications landscape, enabling customers to navigate the complexities of modern networking with greater agility and effectiveness.
Analyst Target Price
$237.12
Quarterly Earnings
| Oct 2025 | Jul 2025 | Apr 2025 | Jan 2025 | Oct 2024 | Jul 2024 | Apr 2024 | Jan 2024 | Oct 2023 | Jul 2023 | Apr 2023 | Jan 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Reported Date | 2025-12-11 | 2025-09-04 | 2025-06-05 | 2025-03-11 | 2024-12-12 | 2024-09-04 | 2024-06-06 | 2024-03-07 | 2023-12-07 | 2023-08-31 | 2023-06-06 | 2023-03-06 |
| Reported EPS | 0.91 | 0.67 | 0.42 | 0.64 | 0.54 | 0.35 | 0.27 | 0.66 | 0.75 | 0.59 | 0.74 | 0.64 |
| Estimated EPS | 0.76 | 0.53 | 0.52 | 0.41 | 0.65 | 0.26 | 0.15 | 0.48 | 0.69 | 0.51 | 0.61 | 0.36 |
| Surprise | 0.15 | 0.14 | -0.1 | 0.23 | -0.11 | 0.09 | 0.12 | 0.18 | 0.06 | 0.08 | 0.13 | 0.28 |
| Surprise Percentage | 19.7368% | 26.4151% | -19.2308% | 56.0976% | -16.9231% | 34.6154% | 80% | 37.5% | 8.6957% | 15.6863% | 21.3115% | 77.7778% |
Next Quarterly Earnings
| Jan 2026 | |
|---|---|
| Reported Date | 2026-03-05 |
| Fiscal Date Ending | 2026-01-31 |
| Estimated EPS | 0.88 |
| Currency | USD |
Next Dividend Records
| Dividend per share (year): | - |
| Dividend Yield | - |
| Next Dividend Date | - |
| Ex-Dividend Date | - |
Recent News: CIEN
2026-02-11 19:28:11
Ciena (CIEN) is rated a "hold" due to the current valuation reflecting near-term earnings growth from AI/data center demand, despite lagging margins and pricing power compared to peers. While consensus forecasts significant EBITDA growth and potential free cash flow by 2027, growth may moderate post-2026, and risks include manufacturing costs, intense competition, and reliance on sustained AI infrastructure spending. The company's fiber-optic products are in high demand, but its valuation needs clearer signs of margin expansion.
2026-02-11 13:28:11
Ciena Corporation has seen a significant 30% price jump in the last month, contributing to a 241% annual gain. Despite its high price-to-sales (P/S) ratio of 8.8x compared to the industry average, analysts are optimistic due to Ciena's superior projected revenue growth of 18% per annum over the next three years, outpacing the industry's 15%. This strong outlook on future revenues is seen as the primary driver supporting its current P/S ratio and investor confidence.
2026-02-11 08:28:21
Envestnet Asset Management Inc. significantly reduced its stake in Ciena Corporation by selling 83,217 shares, decreasing its holdings by 20.8%. This move comes as other institutional investors have either increased or initiated positions in Ciena, and company insiders have also sold shares. Ciena recently reported strong quarterly earnings, beating analyst estimates, and has seen positive news regarding its S&P 500 inclusion and growth in AI networking, though some analysts are flagging valuation concerns after rapid stock gains.
2026-02-10 17:28:21
Ciena Corporation (CIEN) has seen its stock surge 210.2% in the past six months due to increased network traffic, bandwidth demand, and cloud adoption, driven by AI use cases. While the company benefits from a strong product portfolio, a $5 billion backlog, and a positive outlook for fiscal 2026, it faces headwinds from rising expenses, input costs, and a premium valuation compared to its peers. Zacks Investment Research currently rates CIEN as a Zacks Rank #3 (Hold), suggesting existing investors hold their positions and new investors await a better entry point.
2026-02-10 13:58:25
Ciena's stock has surged 210% in the last six months, driven by increased network traffic, demand for bandwidth, and AI technology adoption. The company benefits from strong industry tailwinds, a significant backlog, and a positive outlook for fiscal 2026, though it faces headwinds from rising expenses, input costs, and a high valuation. While existing investors might hold, new investors could consider waiting for a better entry point, as the stock currently carries a Zacks Rank #3 (Hold).
2026-02-10 10:04:00
Ciena Corporation (CIEN) has become a critical infrastructure player in the AI revolution, transitioning from a telecom supplier to a key partner for hyperscalers like Google and AWS. Its re-inclusion in the S&P 500 highlights its dominance in high-speed data center interconnects, driven by innovative technologies like WaveLogic 6 and a substantial $7.8 billion order backlog. Despite risks like customer concentration, Ciena is well-positioned for future growth due to the AI super-cycle, government programs, and a favorable geopolitical landscape.
