Ciena Corporation is a network system, software, and services company which provides hardware, software, and services to a range of network operators and enables enhanced network capacity, service delivery, and automation. Its segments include Networking Platforms, Platform Software and Services, Blue Planet Automation Software and Services, and Global Services. Networking Platforms segment consists of Optical Networking and Routing and Switching portfolios. Platform Software and Services which provides domain control management, analytics, data and planning tools and applications to assist customers in managing their networks. Blue Planet Automation Software and Services includes inventory management (BPI), multi-domain service orchestration, multi-cloud orchestration, route optimization and analysis (ROA), and unified assurance and analytics (UAA). Global Services segment offers a suite of value-added services that help its customers to build, operate and improve their networks.

Events Timeline

(ET)

2026-02-25

10:00:00

Axon Enterprise Gains $88.22 to $530.73

2026-02-23 (ET)

2026-02-23

08:30:00

MACOM and Semtech Form Active Copper Cable Multi-Source Agreement

2026-02-20 (ET)

2026-02-20

10:00:00

Corning and Other Stocks See Gains

2026-02-04 (ET)

2026-02-04

17:30:00

Ciena Rises 5% to $267.10 After Inclusion in S&P 500

2026-02-04

17:30:00

Thoma Bravo Acquires Dayforce

News

9.5

03-02Benzinga

Major Retailers Continue Earnings Season This Week

7.5

03-02CNBC

Nvidia Invests $4 Billion in Photonics Technology Development

4.5

03-01Barron's

Key Companies to Monitor This Week: Jobs, CrowdStrike, Target, Broadcom, Costco, and Others

4.5

03-01CNBC

Wall Street's First Trading Day of March Outlook

4.0

02-27CNBC

Job Report Outlook Uncertain Amid Rising AI Impact

8.5

02-27Fool

Ciena's Growth Outlook for 2026 Looks Promising

14 Analyst Rating

Wall Street analysts forecast CIEN stock price to rise

9 Buy

5 Hold

0 Sell

Moderate Buy

Current: 0.000

Low

190.00

Averages

253.50

High

305.00

Current: 0.000

Low

190.00

Averages

253.50

High

305.00

JPMorgan

Overweight

maintain

$250 -> $380

AI Analysis

2026-03-02

New

Reason

JPMorgan

Price Target

$250 -> $380

AI Analysis

2026-03-02

New

maintain

Overweight

Reason

JPMorgan raised the firm's price target on Ciena to $380 from $250 and keeps an Overweight rating on the shares. The firm is cautious into the the company's fiscal Q1 print due to supply visibility in the near-term to support the bull-case. However, it cites higher confidence in the sustainability of Ciena's revenue growth for the target boost.

Morgan Stanley

Equal Weight

maintain

$213 -> $280

2026-02-23

Reason

Morgan Stanley

Price Target

$213 -> $280

2026-02-23

maintain

Equal Weight

Reason

Morgan Stanley raised the firm's price target on Ciena to $280 from $213 and keeps an Equal Weight rating on the shares. On the back of increasing speed and investment in AI data centers, the firm's base case is that optical markets are set to grow to $65B-plus by 2028 from about $30B in 2025, the analyst tells investors. As traditional networks reach their limits, new optical technologies are poised for adoption, potentially adding $23B in total addressable market and taking the industry to about $90B, the analyst added.

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Valuation Metrics

The current forward P/E ratio for Ciena Corp (CIEN.N) is 46.07, compared to its 5-year average forward P/E of 24.84. For a more detailed relative valuation and DCF analysis to assess Ciena Corp's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

5Y Average PE

24.84

Current PE

46.07

Overvalued PE

33.91

Undervalued PE

15.77

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

5Y Average EV/EBITDA

14.67

Current EV/EBITDA

30.84

Overvalued EV/EBITDA

19.62

Undervalued EV/EBITDA

9.72

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

5Y Average PS

2.19

Current PS

5.83

Overvalued PS

2.98

Undervalued PS

1.41

Financials

AI Analysis

Annual

Quarterly

Whales Holding CIEN

Hood River Capital Management LLC

Polar Capital Holdings Plc

Portolan Capital Management, LLC

FengHe Fund Management Pte. Ltd.

Wt Asset Management Ltd

Trading Trends

People Also Watch

Frequently Asked Questions

What is Ciena Corp (CIEN) stock price today?

The current price of CIEN is 353.73 USD — it has increased 1.44

What is Ciena Corp (CIEN)'s business?

What is the price predicton of CIEN Stock?

Wall Street analysts forecast CIEN stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for CIEN is253.50 USD with a low forecast of 190.00 USD and a high forecast of 305.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Ciena Corp (CIEN)'s revenue for the last quarter?

Ciena Corp revenue for the last quarter amounts to 1.35B USD, increased 20.27

What is Ciena Corp (CIEN)'s earnings per share (EPS) for the last quarter?

Ciena Corp. EPS for the last quarter amounts to 0.13 USD, decreased -48.00

How many employees does Ciena Corp (CIEN). have?

Ciena Corp (CIEN) has 8898 emplpoyees as of March 03 2026.

What is Ciena Corp (CIEN) market cap?

Today CIEN has the market capitalization of 50.04B USD.

CIEN Overview

CIEN Overview

Events Timeline

News

Valuation Metrics

Forward PE

Forward EV/EBITDA

Forward PS

Financials

Whales Holding CIEN

Trading Trends

People Also Watch

Frequently Asked Questions

What is Ciena Corp (CIEN) stock price today?

What is Ciena Corp (CIEN)'s business?

What is the price predicton of CIEN Stock?

What is Ciena Corp (CIEN)'s revenue for the last quarter?

What is Ciena Corp (CIEN)'s earnings per share (EPS) for the last quarter?

How many employees does Ciena Corp (CIEN). have?

What is Ciena Corp (CIEN) market cap?