CIEN · Ciena Corporation
Technology NYQ United States ciena.com ↗
BEARISH BUY
Val Gro Qua Mom Sta Cap P/S8.40 P/E Fwd P/E34.28 PEG0.65 52W –  RSI Target$565.71 (+71.2%) Beta1.27 Div
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RSI (14)
Pattern Overlays
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Communication Equipment Hanover, United States 8,898 employees
Ciena Corporation, a network technology company, provides hardware, software, and services for various network operators in the Americas, Europe, the Middle East, Africa, the Asia Pacific, Japan, and India. It operates through Networking Platforms, Platform Software and Services, Blue Planet Automation Software and Services, and Global Services segments. The Networking Platforms segment consists optical networking, routing, and switching products and services. This segment products include the 6500 Packet-Optical Platform, Waveserver modular interconnect system, the 6500 Reconfigurable Line System, and coherent pluggable transceivers; and the 3000 family of service delivery platforms and the 5000 family of service aggregation, as well as the 8100 Coherent Routing platforms and virtualization software. The Platform Software and Services segment offers navigator network control suite; and software subscription services, consulting, network migration and integration, installation and upgrade support services, and technical support solutions. The Blue Planet Automation Software and Services segment inventory management, orchestration, route optimization and analysis, and unified assurance and analytics software; and sells subscription, installation, support, consulting, and design services related to the Blue Planet automation platform. The Global Services segment provides services for advisory and enablement, implementation, and maintenance, support, and learning activities. Ciena Corporation was incorporated in 1992 and is headquartered in Hanover, Maryland.
52-Week Range
52W Low 52W High
Position in Range
RSI (14)
0 · Oversold RSI 30 Overbought · 100
Signal Neutral
EMA Price Levels
Volume Analysis
Momentum Dashboard
Trend Strength
Detected Patterns
1Bullish
1Bearish
0Neutral
▲ Double Bottom — Two lows ~$457.70 — bullish reversal confirmed
▼ Double Top — Two peaks ~$490.11 — bearish reversal confirmed

View overlays on the price chart via Chart tab → Pattern Overlays.

Next Earnings Sep 09, 2026
Beat Rate 75%
Consensus BUY
Analyst Upside +71.2%
EPS — History & Forecast
Estimate Beat Miss Forecast
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Revenue — History & Forecast
Revenue Forecast
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EPS Beat Rate
75% 6/8 quarters
Wall Street Consensus
BUY
13
6
1
BuyHoldSell
Price Target Range
$565.71 +71.2% upside
Low $270 High $720
Consensus Current price
Wall Street Analyst Ratings
FirmRatingChangeActionDate
Needham Buy ↔ Reiterate 2026-06-23
UBS Neutral ↔ Maintain 2026-06-05
Barclays Overweight ↔ Maintain 2026-06-05
Morgan Stanley Equal-Weight ↔ Maintain 2026-06-05
Rosenblatt Buy ↔ Maintain 2026-06-05
Raymond James Outperform ↔ Maintain 2026-06-04
B. Riley Securities Neutral ↔ Maintain 2026-06-02
B of A Securities Buy ↔ Maintain 2026-05-26
Citigroup Buy ↔ Maintain 2026-05-18
TD Cowen Buy ↔ Maintain 2026-05-15
Stifel Buy ↔ Maintain 2026-05-05
Rothschild & Co Neutral ● Initiate 2026-05-01
JP Morgan Overweight ↔ Maintain 2026-04-16
Evercore ISI Group In-Line ↔ Maintain 2026-02-19
Argus Research Buy ↔ Maintain 2025-12-12
Needham 2026-06-23
Buy ↔ Reiterate
UBS 2026-06-05
Neutral ↔ Maintain
Barclays 2026-06-05
Overweight ↔ Maintain
Morgan Stanley 2026-06-05
Equal-Weight ↔ Maintain
Rosenblatt 2026-06-05
Buy ↔ Maintain
Raymond James 2026-06-04
Outperform ↔ Maintain
B. Riley Securities 2026-06-02
Neutral ↔ Maintain
B of A Securities 2026-05-26
Buy ↔ Maintain
Citigroup 2026-05-18
Buy ↔ Maintain
TD Cowen 2026-05-15
Buy ↔ Maintain
Stifel 2026-05-05
Buy ↔ Maintain
Rothschild & Co 2026-05-01
Neutral ● Initiate
JP Morgan 2026-04-16
Overweight ↔ Maintain
Evercore ISI Group 2026-02-19
In-Line ↔ Maintain
Argus Research 2025-12-12
Buy ↔ Maintain
Profitability
Gross Margin 43.05%TTM
Op. Margin 15.20%TTM
ROE 15.46%TTM
Rev. Growth 39.50%YoY
Free Cash Flow 700.93MTTM
FCF Yield TTM
Balance Sheet
Debt / Equity 54.65MRQ
Current Ratio 2.73MRQ
Cash 1.20BMRQ
Total Debt 1.58BMRQ
Net Debt MRQ
How CIEN Makes Its Money
Cash Flow Breakdown
Quarterly Metrics
QuarterRevenueRev YoYGross Profit Op. IncomeNet IncomeNet YoY Gross %Op %Net %
Full Key Statistics
Valuation
Market Cap46.76B
Enterprise Value47.14B
Trailing P/E109.76
Forward P/E34.28
PEG Ratio (5yr)0.65
Price/Sales (ttm)8.40
Price/Book (mrq)16.17
EV/Revenue8.46
EV/EBITDA60.00
Share Statistics
Avg Vol (3m)2.74M
Shares Outstanding141.55M
Float140.87M
% Held by Insiders0.66%
% Held by Institutions97.82%
Short Ratio1.37
Short % of Float4.44%
Profitability
Gross Margin43.05%
Operating Margin (ttm)15.20%
Profit Margin7.87%
Return on Assets (ttm)6.66%
Return on Equity (ttm)15.46%
Income Statement
Revenue (ttm)5.57B
Revenue Growth (yoy)39.50%
Gross Profit (ttm)2.40B
EBITDA785.74M
Net Income (ttm)438.30M
Diluted EPS (ttm)3.01
EPS Growth (yoy)2383.30%
Balance Sheet
Total Cash (mrq)1.20B
Total Debt (mrq)1.58B
Debt / Equity (mrq)54.65
Current Ratio (mrq)2.73
Book Value / Share20.43
Operating CF (ttm)1.03B
Free Cash Flow (ttm)700.93M
Trading & Dividends
Beta (5Y)1.27
50-Day MA474.34
200-Day MA348.28
Fwd Dividend YieldN/A
Payout Ratio0.00%
Ownership Breakdown
Institutional 97.82% Insider 0.66% Public 1.5%
Short Interest 4.44% of float
Moderate
Institutional 13F Holdings

Famous investors who disclosed a position in CIEN in their latest SEC 13F filing.

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Insider Transactions
DateInsiderRoleTransactionSharesValue
2026-07-15 ROTHENSTEIN DAVID M. Officer Sale at price 420.91 per share. 2,500 $1,052,284
2026-07-15 DIPERNA DINO Officer Sale at price 449.15 per share. 782 $351,235
2026-07-15 GAGE BRODIE Officer Sale at price 449.15 per share. 1,200 $538,980
2026-07-15 SMITH GARY BRIAN Chief Executive Officer Sale at price 421.10 per share. 2,952 $1,243,098
2026-07-01 GRAFF MARC D. Chief Financial Officer Sale at price 466.20 per share. 126 $58,741
2026-07-01 KOSARAJU SHEELA General Counsel Sale at price 466.20 per share. 2,013 $938,461
2026-07-01 PHIPPS JASON Officer Sale at price 466.20 per share. 2,629 $1,225,640
2026-07-01 SMITH GARY BRIAN Chief Executive Officer Sale at price 468.83 per share. 2,952 $1,383,972
2026-06-26 CUMELLO JOSEPH RONALD Officer Sale at price 466.33 per share. 1,586 $739,599
2026-06-24 GRAFF MARC D. Chief Financial Officer Sale at price 449.36 per share. 126 $56,619
2026-06-22 HOFFMAN GRANT Officer Stock Award(Grant) at price 0.00 per share. 6,517
2026-06-15 ROTHENSTEIN DAVID M. Officer Sale at price 457.07 per share. 2,500 $1,142,672
2026-06-15 GAGE BRODIE Officer Sale at price 466.10 per share. 1,200 $559,320
2026-06-15 SMITH GARY BRIAN Chief Executive Officer Sale at price 457.02 per share. 2,952 $1,349,130
2026-06-01 SMITH GARY BRIAN Chief Executive Officer Sale at price 565.92 per share. 2,952 $1,670,597
2026-05-15 ROTHENSTEIN DAVID M. Officer Sale at price 562.39 per share. 2,500 $1,405,969
2026-05-15 GAGE BRODIE Officer Sale at price 570.65 per share. 1,200 $684,780
2026-05-15 SMITH GARY BRIAN Chief Executive Officer Sale at price 562.05 per share. 2,952 $1,659,175
2026-05-01 SMITH GARY BRIAN Chief Executive Officer Sale at price 537.74 per share. 2,952 $1,587,415
2026-04-15 ROTHENSTEIN DAVID M. Officer Sale at price 467.65 per share. 2,500 $1,169,134
2026-04-15 DIPERNA DINO Officer Sale at price 471.79 per share. 2,829 $1,334,694
2026-04-15 GAGE BRODIE Officer Sale at price 471.79 per share. 1,200 $566,148
2026-04-15 SMITH GARY BRIAN Chief Executive Officer Sale at price 467.47 per share. 2,952 $1,379,976
2026-04-01 KOSARAJU SHEELA General Counsel Sale at price 401.71 per share. 2,012 $808,241
2026-04-01 PHIPPS JASON Officer Sale at price 401.58 - 417.07 per share. 22,014 $9,021,272
ROTHENSTEIN DAVID M. Officer
Sale at price 420.91 per share.
2026-07-15 2,500 sh $1,052,284
DIPERNA DINO Officer
Sale at price 449.15 per share.
2026-07-15 782 sh $351,235
GAGE BRODIE Officer
Sale at price 449.15 per share.
2026-07-15 1,200 sh $538,980
SMITH GARY BRIAN Chief Executive Officer
Sale at price 421.10 per share.
2026-07-15 2,952 sh $1,243,098
GRAFF MARC D. Chief Financial Officer
Sale at price 466.20 per share.
2026-07-01 126 sh $58,741
KOSARAJU SHEELA General Counsel
Sale at price 466.20 per share.
2026-07-01 2,013 sh $938,461
PHIPPS JASON Officer
Sale at price 466.20 per share.
2026-07-01 2,629 sh $1,225,640
SMITH GARY BRIAN Chief Executive Officer
Sale at price 468.83 per share.
2026-07-01 2,952 sh $1,383,972
CUMELLO JOSEPH RONALD Officer
Sale at price 466.33 per share.
2026-06-26 1,586 sh $739,599
GRAFF MARC D. Chief Financial Officer
Sale at price 449.36 per share.
2026-06-24 126 sh $56,619
HOFFMAN GRANT Officer
Stock Award(Grant) at price 0.00 per share.
2026-06-22 6,517 sh
ROTHENSTEIN DAVID M. Officer
Sale at price 457.07 per share.
2026-06-15 2,500 sh $1,142,672
GAGE BRODIE Officer
Sale at price 466.10 per share.
2026-06-15 1,200 sh $559,320
SMITH GARY BRIAN Chief Executive Officer
Sale at price 457.02 per share.
2026-06-15 2,952 sh $1,349,130
SMITH GARY BRIAN Chief Executive Officer
Sale at price 565.92 per share.
2026-06-01 2,952 sh $1,670,597
ROTHENSTEIN DAVID M. Officer
Sale at price 562.39 per share.
2026-05-15 2,500 sh $1,405,969
GAGE BRODIE Officer
Sale at price 570.65 per share.
2026-05-15 1,200 sh $684,780
SMITH GARY BRIAN Chief Executive Officer
Sale at price 562.05 per share.
2026-05-15 2,952 sh $1,659,175
SMITH GARY BRIAN Chief Executive Officer
Sale at price 537.74 per share.
2026-05-01 2,952 sh $1,587,415
ROTHENSTEIN DAVID M. Officer
Sale at price 467.65 per share.
2026-04-15 2,500 sh $1,169,134
DIPERNA DINO Officer
Sale at price 471.79 per share.
2026-04-15 2,829 sh $1,334,694
GAGE BRODIE Officer
Sale at price 471.79 per share.
2026-04-15 1,200 sh $566,148
SMITH GARY BRIAN Chief Executive Officer
Sale at price 467.47 per share.
2026-04-15 2,952 sh $1,379,976
KOSARAJU SHEELA General Counsel
Sale at price 401.71 per share.
2026-04-01 2,012 sh $808,241
PHIPPS JASON Officer
Sale at price 401.58 - 417.07 per share.
2026-04-01 22,014 sh $9,021,272