Ciena Corporation (CIEN)

NYSE: CIEN · USD

$364

+12.54 (+3.6%)· Recorded snapshot

Market cap	51.6B
Revenue (ttm)	6B
Net income (ttm)	654.4M
EPS (ttm)	$4.48
Shares out	141.8M
P/E (trailing)	81.3x
P/E (forward)	34.9x
Volume	2,438,502
Beta	1.29

Market data

Price

Recent price action with selectable time range.

Financial snapshot

Revenue (ttm): 6B
Net income (ttm): 654.4M
EPS (ttm): $4.48
P/E (trailing): 81.3x
P/E (forward): 34.9x
Market cap: 51.6B

Calendar

Next earnings

Upcoming earnings date and setup when available.

Upcoming

DateLoading

Window—

EPS estimate—

Revenue estimate—

Sector percentile context

Refreshed 2026-10-28 19:55 UTC

Forward P/E34.9

P25 n/aP50 n/aP75 n/a

Trailing P/E81.3

P25 n/aP50 n/aP75 n/a

ROE22.4

P25 n/aP50 n/aP75 n/a

ROIC22

P25 n/aP50 n/aP75 n/a

Benchmarks · 1M

All CIEN indicators

Market & fundamental data

Available fields

279

Groups with data

Currency

USD

Showing 279 of 279 available metrics for this ticker.

Profile and market data

Ticker identity, listing, currency, market cap, and source dates.

Metric	Value
Amount currency	USD
CIK code	0000936395
Company name	Ciena Corporation
Country	United States
Country code	US
CUSIP number	171779309
Earnings date	2026-12-10
Earnings time	bmo
Employees	9,080
Employees change	423
Employees growth	4.89%
Enterprise value	$52B
Exchange	NYSE
Financial currency	USD
Financial report date	2026-08-01
First seen	2026-05-09
Fiscal year end	November
Founded	1992
In index	SP500
Industry	Communication Equipment
IPO date	1997-02-07
Is primary listing	Yes
Is SPAC	No
ISIN number	US1717793095
Last 10-K release date	2025-12-12
Last earnings date	2026-09-03
Last refreshed	2026-10-28
Last stock split date	2006-09-25
Last stock split type	Reverse
Market cap	$51.6B
Market cap category	Large-Cap
Next earnings date	2026-12-10
Options	Yes
Price	$363.70
Price currency	USD
Sector	Technology
SIC code	3661
Stock price date	2026-10-28
Symbol	CIEN
U.S. state	Maryland
Website	https://www.ciena.com

Valuation

Multiples, yields, enterprise-value ratios, and valuation checks.

Metric	Value
Adjusted P/E ratio	60.52x
Average P/E ratio (10Y)	48.55x
Average P/E ratio (3Y)	102.78x
Average P/E ratio (5Y)	73.97x
Earnings yield	1.23%
EV/Earnings	79.18x
EV/EBIT	60.93x
EV/EBITDA	50.53x
EV/FCF	63.63x
EV/Sales	8.61x
FCF / EV yield	1.57%
FCF yield	1.59%
Forward EV/Sales	6.65x
Forward P/E	34.86x
Forward P/S	6.6x
Graham number	46.57248
Graham upside	-87.14%
Industry forward P/E	21.98x
Industry P/E	41.31x
Lynch fair value	$32.33
Lynch upside	-91.08%
P/(FCF - SBC) ratio	85.29x
P/(OCF - SBC) ratio	60.97x
P/B ratio	16.3x
P/E ratio	81.27x
P/FCF ratio	63.09x
P/OCF ratio	48.71x
P/S ratio	8.53x
PEG ratio	0.46x
Price / tangible book value	21.82x
Price/EBITDA ratio	50.1x
Sector forward P/E	18.38x
Sector P/E	32.76x

Profitability

Margins, returns on capital, cash conversion, and quality metrics.

Metric	Value
EBIT margin	14.12%
EBITDA margin	17.03%
Effective tax rate	9.82%
FCF margin	13.53%
Gross margin	44.07%
Operating margin	14.12%
Pretax margin	12.05%
Profit margin	10.87%
Profit per employee	$72,072
Profitable quarters	9
Profitable years	7
Revenue per employee	$663,094
ROA	7.73%
ROA (5Y)	3.99%
ROCE	12.86%
ROE	22.4%
ROE (5Y)	8%
ROIC	21.97%
ROIC (5Y)	10.55%
SBC / revenue	3.52%
Tax / revenue	1.18%

Growth

Revenue, earnings, cash-flow, and forward growth indicators.

Metric	Value
EPS growth	356.82%
EPS growth (Q)	422.86%
EPS growth (QoQ)	22.82%
EPS growth 10Y	39.36%
EPS growth 3Y	44.82%
EPS growth 5Y	8.68%
EPS growth quarters	3
EPS growth years	1
FCF growth	34.5%
FCF growth (Q)	-13.59%
FCF growth (QoQ)	-46.81%
FCF growth 5Y	16.14%
Gross profit growth	40.56%
Gross profit growth (Q)	50.92%
Gross profit growth 3Y	13.26%
Gross profit growth 5Y	10.07%
Net income growth	364.53%
Net income growth (Q)	429.57%
Net income growth (QoQ)	22.09%
Net income growth 3Y	43.54%
Net income growth 5Y	7.22%
Net income growth quarters	3
Net income growth years	1
OCF growth	34.46%
OCF growth (Q)	12.57%
OCF growth (QoQ)	-24.43%
OCF growth 10Y	16.08%
OCF growth 5Y	17.34%
Operating income growth	234.67%
Operating income growth (Q)	301.12%
Operating income growth 3Y	31.12%
Operating income growth 5Y	13.79%
Revenue growth	32.57%
Revenue growth (Q)	37.05%
Revenue growth (QoQ)	6.39%
Revenue growth 10Y	8.86%
Revenue growth 3Y	12.51%
Revenue growth 5Y	12.06%
Revenue growth quarters	7
Revenue growth years	1

Financial statements

Income-statement and cash-flow amounts, totals and per share.

Metric	Value
Capital expenditures	$-240.3M
Depreciation and amortization	$175.1M
EBIT	$850.4M
EBITDA	$1B
EPS	$4.48
FCF per share	$5.74
Financing cash flow	$868.1M
Free cash flow	$814.4M
Free cash flow minus SBC	$602.4M
Gross profit	$2.7B
Income taxes	$71.2M
Investing cash flow	$-528.9M
Net borrowing	$1.7B
Net cash flow	$1.4B
Net income	$654.4M
Operating cash flow minus SBC	$842.7M
Operating income	$850.4M
Revenue	$6B
Stock-based compensation	$212M

Financial strength

Debt, cash, solvency, accounting-quality, and balance-sheet signals.

Metric	Value
Altman Z-Score	6.47
Book value per share	$21.54
Debt / EBITDA	3.15
Debt / equity	1.07
Debt / FCF	4.03
Goodwill	$513.3M
Interest coverage	12.16
Long-term assets	$2.7B
Long-term liabilities	$3.6B
Net cash (debt)	$-442.3M
Net cash / market cap	-0.86%
Net debt / EBITDA	0.43
Net debt / equity	0.14
Net debt / FCF	0.54
Piotroski F-Score	7
Property, plant and equipment	$537.3M
Shareholders' equity	$3.1B
Tangible book value	$2.4B
Tangible book value per share	$16.59
Total assets	$8B
Total cash	$2.6B
Total debt	$3.3B
Total liabilities	$4.9B
WACC	10.77%

Liquidity

Current-asset coverage and working-capital efficiency metrics.

Metric	Value
Asset turnover	0.88
Current assets	$5.3B
Current liabilities	$1.4B
Current ratio	3.8
Inventory turnover	3.89
Net working capital	$1.3B
Quick ratio	2.9
Working capital	$3.9B
Working capital turnover	1.87

Dividends and buybacks

Dividend yield, payout, buybacks, and shareholder-yield indicators.

Metric	Value
Buyback yield / dilution	-0.39%
Dividend yield	0%
Shareholder yield	-0.39%

Performance and technicals

Returns, volatility, beta, momentum, RSI, and moving-average context.

Metric	Value
10Y price change	1,758.36%
10Y return CAGR	33.95%
10Y total return	1,758.36%
150-day SMA	$435.84
15Y price change	2,656.53%
15Y return CAGR	24.74%
15Y total return	2,656.53%
1D price change	3.57%
1M price change	1.79%
1M total return	1.79%
1W price change	6.25%
1W total return	6.25%
1Y price change	99.03%
1Y return CAGR	99.12%
1Y total return	99.03%
20-day SMA	$376.05
200-day SMA	$404.05
20Y price change	1,440.1%
20Y return CAGR	14.65%
20Y total return	1,440.1%
3M price change	-3.7%
3M total return	-3.7%
3Y price change	785.69%
3Y return CAGR	106.87%
3Y total return	785.69%
50-day SMA	$365.88
50-day SMA vs 200-day SMA	50under200
52-week high	$637.51
52-week high date	2026-06-03
52-week low	$168.22
52-week low date	2025-11-21
5Y price change	577.06%
5Y return CAGR	46.61%
5Y total return	577.06%
6M price change	-28.25%
6M total return	-28.25%
All-time high	$1,056.98
All-time high date	2000-10-20
All-time low	$4.98
All-time low date	2009-02-24
Average true range (ATR)	$25.03
Average volume	3.1M
Beta (1Y)	1.65
Beta (2Y)	1.78
Beta (5Y)	1.29
Change from 52-week high	-42.95%
Change from 52-week low	116.21%
Change from all-time high	-65.63%
Change from all-time low	7,195.38%
Change from open	1.97%
Day's gap	1.57%
Dollar volume	$886.9M
High price	$367.93
Low price	$351.95
Monthly RSI	61.01
Open price	$356.67
Position in 52-week range	73.53%
Premarket change	1.38%
Premarket close	$351.15
Premarket price	$356.00
Premarket volume	16.9K
Previous close	$351.15
Price vs 150-day SMA	-16.64%
Price vs 20-day SMA	-3.39%
Price vs 200-day SMA	-10.08%
Price vs 50-day SMA	-0.7%
Relative volume	0.79
RSI	49.99
Sharpe ratio	1.23
Sharpe ratio (3Y)	1.46
Sharpe ratio (5Y)	0.92
Sortino ratio	1.85
Sortino ratio (3Y)	2.23
Sortino ratio (5Y)	1.48
Volume	2.4M
Weekly RSI	47.99
YTD price change	55.35%
YTD total return	55.35%

Ownership and float

Institutional, insider, float, short-interest, and share-count fields.

Metric	Value
Float	141.2M
Float percentage	99.55%
Shares change (QoQ)	-0.24%
Shares change (YoY)	0.39%
Shares held by insiders	0.32%
Shares held by institutions	90.51%
Shares outstanding	141.8M
Short % of float	2.74%
Short % of shares	2.73%
Short ratio	1.4 days

Other indicators

Additional ticker metrics that do not fit the primary research groupings.

Metric	Value
Page views	237

Deeper analysis on CIEN

14 sections in the full report · jump straight to what you need

Forecast

Base and Bull forecast paths with report-date return framing.

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Valuation

Fair-value bridge, DCF, owner earnings, and peer multiples.

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Sensitivity

Cost-of-equity and terminal-growth stress table.

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Risks

Kill scenarios, soft-pass flags, and downside catalysts.

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Earnings

Next earnings setup and beat / inline / miss thresholds.

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Position sizing

Entry, exit, conviction, and quarterly monitoring rules.

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Financials

Revenue, margins, cash flow, and balance-sheet context.

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Peers

Relative valuation and profitability against the cohort.

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Moat

Economic-profit evidence and competitive advantage risk.

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Industry cycle

Sector phase, capital cycle, and secular tailwinds.

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Frequently asked questions

About this CIEN report

Is a complete CIEN research report available?

No complete published report is available for Ciena Corporation (CIEN) on this page. Market-directory data, when present, is not a substitute for a validated stock analysis.

Ciena Corporation (CIEN)

Price

Financial snapshot

Fair-value bridge

Latest news · CIEN

Valuation

Profitability

Balance sheet

Trading

Next earnings

Sector percentile context

All CIEN indicators

Profile and market data

Valuation

Profitability

Growth

Financial statements

Financial strength

Liquidity

Dividends and buybacks

Performance and technicals

Ownership and float

Other indicators

Deeper analysis on CIEN

Frequently asked questions