Ciena Corporation
CIEN | NYSE
$348.80
+$4.55 (+1.32%)
At close: Sep 18, 2026, 4:01 PM ET
$371.16
+$22.36 (+6.41%)
Pre-market:
Sep 21, 2026, 8:54 AM ET
Market Data
Market Cap $49.37B
Enterprise Value $46.98B
Beta 1.31
Average Volume 2.58M
Shares Outstanding (Diluted) 145.97M
Shares Change YoY 1.02%
Institutional Ownership 94.61%
Exchange NYSE
ISIN US1717793095
Price Performance
Price Change 1M -15.7%
Price Change 3M -24.2%
Price Change 6M -14.5%
Price Change YTD 41.8%
Price Change 1Y 152.7%
Price Change 3Y 639.9%
Price Change 5Y 570.5%
1M CAGR (ann.) -13.6%
1Y CAGR (ann.) 155.8%
5Y CAGR (ann.) 45.3%
All-Time CAGR 14.6%
Valuation
PE Ratio 77.86
Forward PE 28.76
PEG Ratio 0.20
Forward PEG 1.17
PS Ratio 8.20
Forward PS 5.90
PB Ratio 16.15
P/FCF Ratio 68.67
P/Adj. FCF Ratio 71.40
P/OCF Ratio 47.01
EV/Sales 7.80
EV/EBIT 61.86
EV/EBITDA 51.76
EV/FCF 65.34
Earnings Yield 1.3%
FCF Yield 1.5%
Adj. FCF Yield 1.4%
Financial Health
Net Cash $2.39B
Total Debt $237.16M
Cash & Short-Term Investments $2.63B
Total Assets $8B
Current Ratio 3.80
Quick Ratio 3.17
Debt / Equity Ratio 0.08
Debt / EBITDA 0.26
Debt / FCF 0.33
OCF / Debt 4.45
Interest Coverage 12.14
Altman Z-Score 7.20
Piotroski F-Score 7
Margins & Profitability
Gross Profit Margin 44.1%
Operating Profit Margin 14.1%
EBITDA Margin 16.1%
Net Profit Margin 10.9%
FCF Margin 11.9%
Adj. FCF Margin 11.5%
SBC / Revenue 0.5%
SBC Impact (per share) -3.8%
Returns
Return on Assets 8.2%
Return on Equity 22.8%
Return on Invested Capital 11.6%
Return on Capital Employed 12.8%
Return on Tangible Assets 9.0%
Historical Growth (CAGR)
Revenue CAGR 3Y 12.5%
Revenue CAGR 5Y 12.1%
Revenue CAGR 10Y 8.9%
EPS CAGR 3Y 44.7%
EPS CAGR 5Y 8.7%
EPS CAGR 10Y 40.5%
FCF CAGR 3Y 38.5%
FCF CAGR 5Y 13.3%
FCF CAGR 10Y 18.3%
Analyst Forecasts
Analyst Rating Buy
Analyst Count 42
EPS Growth Next 3Y 68.1%
Revenue Growth Next 3Y 30.7%
Earnings Date N/A
EPS Estimate (next Q) N/A
EPS Growth Est (next Q) N/A
Revenue Est (next Q) N/A
Revenue Growth Est (next Q) N/A
Fair Value Estimates
Graham Number $46.57
Graham Upside -86.7%
Lynch Fair Value $39.07
Lynch Upside -88.8%
Price Target $490.83
Price Target Upside 40.7%
Cash Flow
Operating Cash Flow $1.05B
Free Cash Flow $718.99M
Adj. Free Cash Flow $691.51M
FCF Per Share $5.06
OCF Per Share $7.42
OCF/S Ratio 17.5%
Income Statement
Revenue $6.02B
Gross Profit $2.65B
Operating Income $848.76M
EBITDA $907.63M
Net Income $654.41M
EPS (Diluted) $4.48
Revenue / Employee $669.81K
Profit / Employee $72.8K
Employees 8,989
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