
CIENA CORP
CIENNYSETrading Snapshot
- Day Range
- $381.88 β $393.47
- 52-Week Range
- $84.41 β $637.51
- Volume
- $2.55B
- Avg Volume
- $3.17B
- Shares Outstanding
- 141.6M
- Next Earnings
- Oct 4, 2026
Fundamentals Snapshot
- Annual Revenue
- $4.77B
- Last Q Revenue
- $1.57B
- P/E Ratio
- 128.2
- P/S Ratio
- 10.1x
- EPS (TTM)
- $3.00
- Dividend Yield
- β
Why Investors Own CIEN
- βHigh-growth profile β revenue up +8.9% YoY with expanding Data Centers exposure.
- βHealthy economics β 43% gross margin and 13% free-cash-flow margin.
- βCapacity build-out tied to cloud and AI workloads.
Execution delays, intensifying competition, and valuation compression if growth decelerates.
Financial Trends
About CIENA CORP
Ciena Corporation is a global technology company focused on telecommunications infrastructure. It delivers integrated solutions β including specialized hardware, software applications, and professional services β designed to facilitate the efficient transmission, routing, switching, aggregation, delivery, and overall management of video, data, and voice traffic across communication networks worldwide. Within its Networking Platforms division, Ciena develops and supplies advanced hardware and integrated solutions. These products are specifically engineered to optimize the convergence of various optical transport methods (like coherent optical transport and optical transport network switching) with packet switching, enabling high-performance data handling. The product portfolio spans a range of packet-optical platforms (e.g., the 6500, 5400, and Z-Series), reconfigurable switching systems (such as the 5430), Waveserver interconnect systems, and dedicated switches for service delivery and aggregation (including the 3000 and 5000 families). This segment also provides the essential operating system software and advanced features embedded within its hardware offerings. Ciena's Blue Planet Automation Software and Services arm is dedicated to intelligent network automation. It offers solutions for orchestrating services across multiple network domains, maintaining precise network inventory, optimizing data routes, coordinating virtualized network functions (NFV), and delivering insightful analytics, alongside related support. The Platform Software and Services segment provides unified management platforms, exemplified by its OneControl system, as well as other software tools for comprehensive network planning, operational control, and ongoing oversight. Finally, the Global Services segment delivers end-to-end client support. This includes strategic consulting, detailed network architecture design, expert installation and deployment, ongoing maintenance, and comprehensive training programs. The company distributes its cutting-edge products and services to network operators through both direct sales forces and indirect channel partners. Established in 1992, Ciena Corporation maintains its corporate headquarters in Hanover, Maryland.
Otter Score Breakdown
βAnalyst Price Target
βLatest News & Updates
CIENA CORP tops quarterly estimates as demand accelerates
Revenue grew double digits with management guiding above consensus; margins continued to expand.
Analysts lift CIEN price targets on improving margins
Several firms raised targets, citing stronger free cash flow and a healthier backlog.
CIENA CORP announces new agreement to expand its footprint
The move broadens the companyβs reach and could add incremental revenue over the next year.