Ciena supplies optical networking systems, routing, switching, software, and services used by cloud providers, service providers, and data-center operators to move high-volume AI and internet traffic.
Ciena Corporation (CIEN) Stock Price & Market Analysis
CIEN · NYSE · Communication Equipment
Last confirmed priceEarlier session print
$322.64
▼ -$38.70(-10.71%)4:00 PM ET - vs previous closeQuote as of Oct 22, 2026, 4:00 PM EDT
Regular-session close · Oct 22, 2026, 4:00 PM EDT.
Last session8%
$320.70L Oct 22 '26$346.29H Oct 22 '26
52-week range33%
$168.22$637.51H Jun 3 '26
Long-term ranges5Y, 10Y, 20Y, Available historyHide
5Y47%
$38.33L Oct 13 '22$637.51H Jun 3 '26
10Y49%
$18.94L Nov 1 '16$637.51H Jun 3 '26
20Y50%
$4.98L Feb 24 '09$637.51H Jun 3 '26
Available history(2000-10-23)30%
$4.98L Feb 24 '09$1,047H Oct 23 '00
Historical range: 2000-10-23–2026-10-22. Earlier trading may not be included.
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Data dates
PriceAt closeLast traded
FundamentalsLast checked
AnalystLast checked
NewsLatest item
What matters next
Next important events
- Dec 9, 2026Next earnings · Before market openBefore market open · Last verified 2026-10-23
Countdown
47 days out
Reported fundamentals
CIEN financial overview
Annual revenue
USD 4.77B
Sales for the fiscal year ended Nov 1, 2025. This is not trailing twelve-month revenue.
Revenue change
+18.8%
Change versus the fiscal year ended Nov 2, 2024.
Net profit margin
2.6%
Net income divided by revenue for the fiscal year ended Nov 1, 2025. This is not the trailing margin.
These reported results describe the business’s recent scale and profitability. Compare cash generation and valuation before forming an investment view; historical growth is not a forecast.
Company · ProfileAbout Ciena Corporation (CIEN)Sector, leadership, and how Ciena Corporation earns its revenue.Technology
Ciena Corporation
NYSE · CIEN · US
Company overview.
- Sector
- Technology
- Industry
- Communication Equipment
- Headquarters
- Fulton, MD, United States
- Country
- US
- Founded
- 1997
- Employees
- 8,989
- CEO
- Mr. Gary B. Smith
- Exchange
- NYSE
Business model & operating evidenceExplore business exposure, reported operating measures and the evidence behind growth and profitability claims.
AI business exposure
- Revenue exposure
- AI-specific revenue is not separated in the available company statements.
- Capital-spending dependency
- No reviewed quantitative dependency model is available.
- Compute role
- See the sourced business description; AI labels do not establish compute revenue.
- Platform examples
- An exhaustive, consistently defined product inventory is unavailable.
- Ecosystem links
- Supplier and customer links require reviewed disclosures.
Narrative versus numbers
Demand is expanding
Supporting observation: 37.0%
Year-over-year growth in the latest quarter. This differs from the fiscal-year revenue change shown above. · 2026-08-01
Growth produces accounting profit
Supporting observation: 10.9%
Reported-period net margin. A positive figure supports accounting profitability, not cash generation. · 2026-10-23T01:12:21.629Z
The business generates cash after investment
Supporting observation: USD 116.3M
Latest reported free cash flow. It is not a forecast and may cover a different period from the fiscal-year figures above. · 2026-08-01
These are explicit tests of individual claims, not an overall bull/bear rating. Demand growth can coexist with valuation, concentration and financing risk.
Operating measures
- Revenue
- $1.67Bquarter ended Aug 1, 2026
- Gross margin
- 45.4%quarter ended Aug 1, 2026
- Operating margin
- 18.0%quarter ended Aug 1, 2026
- EPS
- $1.83quarter ended Aug 1, 2026
- Capital expenditure
- $79.96Mquarter ended Aug 1, 2026
- Free cash flow
- $116.30Mquarter ended Aug 1, 2026
- Free cash flow margin
- 7.0%quarter ended Aug 1, 2026
- Operating cash / net income
- 0.74×quarter ended Aug 1, 2026
- Revenue growth year over year
- 37.0%quarter ended Aug 1, 2026
Competitors & comparisonsCompare industry peers, reporting periods and related funds. Business mix and valuation bases may differ.
Reviewed company relationships
Direct competitors, industry comparables and thematic alternatives have different uses. Compare fiscal periods and business mix before comparing multiples.
Company-specific relationship evidence is not included in this snapshot. Explore the industry comparisons below without assuming that every comparable is a direct competitor.
A disclosed relationship is historical evidence, not a current valuation or a recommendation.
Valuation & fund comparisonsExplore dated peer valuations, growth comparisons and related funds.
Governance & sustainability
Research tools
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Next open: 2026-10-23 · 9:30 AM America/New_York
Exchange calendar includes scheduled holidays and early closes. Extended-session prices appear separately only when supplied by the quote source.
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