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Ciena Corporation (CIEN)

321.00 +3.54 (+1.12%)
At close: September 4 at 4:00:03 PM EDT
321.40 +0.40 (+0.12%)
After hours: September 4 at 7:59:55 PM EDT
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CIEN Q3 2026 earnings call
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45m ago
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Ciena reported robust fiscal Q3 results with 37% revenue growthand a 215% increase in adjusted EPS. However, shares fell nearly 10%due to cautious Q4 guidance and concerns over supply constraints and customer concentration.

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  • Previous Close 317.46
  • Open 321.67
  • Bid 320.75 x 16000
  • Ask 321.00 x 12000
  • Day's Range 315.73 - 328.75
  • 52 Week Range 117.02 - 637.51
  • Volume 3,333,279
  • Avg. Volume 2,650,432
  • Market Cap (intraday) 45.521B
  • Beta (5Y Monthly) 1.31
  • PE Ratio (TTM) 70.86
  • EPS (TTM) 4.53
  • Earnings Date Sep 3, 2026
  • Forward Dividend & Yield --
  • Ex-Dividend Date --
  • 1y Target Est 504.13

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.

www.ciena.com

8,898

Full Time Employees

November 01

Fiscal Year Ends

Technology

Sector

Recent News

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Performance Overview

Trailing total returns as of 9/4/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC) .

YTD Return

CIEN
37.26%
S&P 500 (^GSPC)
12.75%

1-Year Return

CIEN
174.55%
S&P 500 (^GSPC)
18.71%

3-Year Return

CIEN
562.27%
S&P 500 (^GSPC)
70.93%

5-Year Return

CIEN
463.95%
S&P 500 (^GSPC)
70.18%

Earnings Trends

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Earnings Per Share

GAAP
Normalized
GAAP
Normalized

Revenue vs. Earnings

Annual
Quarterly
Annual
Quarterly
Q2 FY26
Revenue 1.57B
Earnings 218.22M
Profit Margin 13.89%

Q4

FY25

Q1

FY26

Q2

FY26

0
500M
1B
2B
2.0%
4.0%
6.0%
8.0%
10.0%
12.0%

Analyst Insights

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Analyst Price Targets

325.00
504.13 Average
321.00 Current
660.00 High

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell

Latest Rating

Date 9/4/2026
Analyst B. Riley Securities
Rating Action Maintains
Rating Neutral
Price Action Lowers
Price Target 413 -> 347

Statistics

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Valuation Measures

Annual
  • Market Cap

  • Enterprise Value

  • Trailing P/E

  • Forward P/E

  • PEG Ratio (5yr expected)

  • Price/Sales (ttm)

  • Price/Book (mrq)

  • Enterprise Value/Revenue

  • Enterprise Value/EBITDA

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    10.87%

  • Return on Assets (ttm)

    7.73%

  • Return on Equity (ttm)

    22.40%

  • Revenue (ttm)

    6.02B

  • Net Income Avi to Common (ttm)

    654.41M

  • Diluted EPS (ttm)

    4.53

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    2.63B

  • Total Debt/Equity (mrq)

    107.50%

  • Levered Free Cash Flow (ttm)

    633.37M

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