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Ciena(NYSE) CIEN

Market Cap$45.44BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.
Since IPO (1997)+148%
5 Year+464%
1 Year+175%
1 Month-21%
Premium Feature
Moneyball Superscore
83/100
$321.54
+1.29%
+4.08Today
After hours$321.18-$0.36 (-0.11%)
Ciena last closing stock price
MetricPriceDate
Last closeUSD 321.002026-09-04
Ciena stock price return by period
PeriodPrice returnPrice at period startPeriod start date
1 week-15.18%USD 378.442026-08-28
1 month-21.48%USD 408.832026-08-05
3 month-34.25%USD 488.212026-06-05
Year to date+37.26%USD 233.872025-12-31
1 year+174.55%USD 116.922025-09-04
3 year+569.73%USD 47.932023-09-05
5 year+463.95%USD 56.922021-09-03
Since inception+147.88%USD 129.501997-02-07

Ciena Financials at a Glance

Market Cap

$45.44BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Revenue (TTM)

$6.02B

Net Income (TTM)

$654.41M

EPS (TTM)

$4.48

P/E Ratio

71.63

Dividend

$0.00

Beta (Volatility)

1.52 (High)

Price

$321.54

Volume

26,578.882

Open

$321.67

Previous Close

$321.00

Daily Range

$315.73 - $328.85

52-Week Range

$117.02 - $637.51

Estimated Earnings Date

Dec 10, 2026

CIEN News

Red stock arrow trending down on a blue background.

Why Ciena Stock Just Crashed

Rich SmithSep 3, 2026
CIEN.png

Ciena's Next Earnings Report on September 3 Could Send the Stock Soaring. Here's Why.

Eric VolkmanSep 1, 2026
Android-Datacenter-Walking

Prediction: This AI Infrastructure Stock Will Soar After Sept. 3 (Hint: It's Not Broadcom)

Harsh ChauhanAug 31, 2026
1179 - CIEN

Ciena's Massive AI Tailwind: Optical Networks Are Now Critical

Rick OrfordAug 20, 2026
SellAlert-Blue.png

Ciena CEO Sells 2,952 Shares for $1.3 Million

John BallardAug 19, 2026
Downward red arrow with a background of US currency

Why Ciena Stock Tanked by Almost 9% on Tuesday

Eric VolkmanAug 18, 2026
5g-stocks-infographic

12 Best 5G Stocks for 2026 and How to Invest

Scott LevineJul 20, 2026
Ciena

Ciena's Explosive AI Opportunity Could Deliver Massive Upside

Rick OrfordJul 1, 2026
Page 1

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About Ciena

Ciena Corporation builds technology that helps internet companies move data. Its systems allow video and cloud services to travel quickly. These tools help network operators handle growing artificial intelligence traffic.

What Powers the Network?

  • Networking Platforms: Hardware and software for optical transport and packet switching; accounts for 81.1% of revenue.
  • Global Services: Support including consulting, network design, installation, and ongoing maintenance; accounts for 11.6% of revenue.
  • Platform Software and Services: Unified management platforms and software tools for network planning and oversight; accounts for 5.9% of revenue.
  • Blue Planet Automation: Software for automating and coordinating services across different network domains; accounts for 1.4% of revenue.

Strategic Moves and Markets

  • Repaid a term loan in June 2026 using proceeds from a $2.9 billion convertible note offering.
  • Acquired Nubis Communications in the fourth quarter of fiscal 2025 to increase research and development capacity.
  • Secured inventory by entering into multiyear supply agreements with firm purchase commitments.
  • Enhanced WaveLogic coherent modem technology to capture opportunities in artificial intelligence networking.

Innovation and Global Reach

The company invested $237 million in research and development during the third quarter of fiscal 2026. It maintains a global presence with operations across the Americas, Europe, and Asia.

Performance at a Glance

  • Revenue rose 37% year over year to $1.7 billion in the third quarter of fiscal 2026.
  • Gross margin reached 45.4% in the third quarter of fiscal 2026, up from 41.3% year over year.
  • Cash generated from operations reached $684 million for the nine months ended Aug. 1, 2026, up from $435 million year over year.
  • Research and development spending rose 11.7% to $236.7 million in the third quarter of fiscal 2026.
  • Total cash and investments reached $2.8 billion as of Aug. 1, 2026.

The Long View

Ciena has transitioned from a traditional hardware provider to a diversified network technology firm. Its focus on automation software and high-capacity optical systems addresses the increasing data demands of cloud and artificial intelligence applications.

AI Generated • Sep 4, 2026

Industry

Communications Equipment

Sector

Information Technology

Employees

9,080

CEO

Gary B. Smith, MBA

Website

www.ciena.com

Headquarters

Hanover Maryland, MD 21076, US

CIEN Financials

Key Financial Metrics (TTM)

Gross Margin

44.07%

Operating Margin

14.10%

Net Income Margin

10.87%

Return on Equity

22.82%

Return on Capital

7.21%

Return on Assets

8.18%

Earnings Yield

1.40%

Dividend Yield

0.00%

Payout Ratio

0.00%

Stock Overview

Market Cap

$45.44BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Shares Outstanding

141.55M

Volume

26.58K

Avg. Volume

2.69M

Financials (TTM)

Gross Profit

$2.65B

Operating Income

$848.76M

EBITDA

$907.63M

Operating Cash Flow

$1.05B

Capital Expenditure

-$335.69M

Free Cash Flow

$718.99M

Cash & ST Invst.

$2.63B

Total Debt

$237.16M

Ciena Performance Analysis

Ciena annual revenue and year-over-year revenue growth by fiscal year
Fiscal yearPeriod endRevenueYoY growth
20222022-10-31USD 3,632,661,0000.3%
20232023-10-31USD 4,386,549,00020.8%
20242024-10-31USD 4,014,955,000-8.5%
20252025-10-31USD 4,769,507,00018.8%
Ciena sequential (quarter-over-quarter) revenue growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q42025-11-0110.9%
Q12026-01-315.6%
Q22026-05-0210.1%
Q32026-08-016.4%
Ciena annual diluted earnings per share and year-over-year EPS growth by fiscal year
Fiscal yearPeriod endDiluted EPSYoY growth
20222022-10-31USD 1.00-68.5%
20232023-10-31USD 1.7169.8%
20242024-10-31USD 0.58-66.3%
20252025-10-31USD 0.8547.6%
Ciena sequential (quarter-over-quarter) diluted earnings per share growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q42025-11-01-62.9%
Q12026-01-31692.3%
Q22026-05-0244.7%
Q32026-08-0122.8%

Revenue Growth Rate

Annual and quarterly growth comparison

Earnings Per Share Growth Rate

Annual and quarterly EPS growth comparison

Quarterly Performance

Name
Q3 2026YOY CHG

Revenue

$1.67B

+37.0%

Gross Profit

$759.27M

+50.9%

Gross Margin

45.43%

N/A

Market Cap

$45.44BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

N/A

Market Cap/Employee

$5.05M

N/A

Employees

8,989

N/A

Net Income

$266.42M

+429.6%

EBITDA

$301.18M

+142.3%

Quarterly Fundamentals

Name
Q3 2026YOY CHG

Total Cash

$2.63B

+98.3%

Total Debt

$237.16M

-85.1%

Accounts Receivable

$1.23B

+3.7%

Inventory

$871.99M

+1.3%

Long Term Debt

$224.90M

-85.6%

Short Term Debt

$12.26M

-53.3%

Return on Assets

8.18%

N/A

Return on Invested Capital

12.84%

N/A

Free Cash Flow

$116.30M

-49.4%

Operating Cash Flow

$196.26M

+12.6%

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Questions About CIEN

What is the current price of Ciena?

Ciena is trading at $321.00 per share.

What is the 52-week range for Ciena?

Over the past 52 weeks, Ciena has traded between $117.02 and $637.51.

How much debt does Ciena have?

As of the most recent reporting period, Ciena reported total debt of $3.29B.

How much cash does Ciena have on hand?

Ciena reported $2.45B in cash and cash equivalents in its most recent financial results.

What is Ciena’s dividend yield?

Ciena does not currently have a dividend yield.

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