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Ciena Corporation (CIEN) Stock Analysis

Ciena Corporation (CIEN) is a Communication Equipment stock listed on NYSE and quoted in US Dollar.

Last Updated: October 21, 2026

CIEN

$361.34

+$19.39 (+5.67%)

Oct 21, 2026 · Market close

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Price History

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CIEN Key Statistics

As of Oct 21, 2026
Trading
Open
$354.56
Previous Close
$341.95
Day's Range
349.87–363.90
52-Week Range
159.56–637.51
Volume
3.00M
BetaHow much the share price moves relative to the wider market. 1.0 moves in line with it; above 1.0 swings more, below 1.0 less.
1.29
Valuation
Market Cap
$47.18B
P/E Ratio
74.44
Forward P/EShare price divided by forecast earnings for the year ahead, rather than the year just past.
28.05
PEG RatioThe P/E ratio divided by the expected earnings growth rate. It puts a high P/E in the context of how fast profits are growing.
0.34
P/S ratioMarket value divided by annual revenue. Useful for companies that are not yet profitable, where a P/E cannot be calculated.
7.84
EPS (ttm)Profit attributable to each share over the last twelve months.
4.47
Financials (FY)
Revenue (FY)
$4.77B+18.79%
Net Income (FY)
$123.34M+46.91%
Profit marginThe share of revenue left as profit after all costs and taxes.
10.87%
Shares OutstandingThe total number of shares held by all investors. Market value is this figure multiplied by the share price.
141.81M
1-Year Return
+112.92%
Dividend and dates
Avg Volume
2.54M

Only metrics the company reports are shown. Data provided by Yahoo Finance via yfinance. Updated daily.

Key facts

As of October 21, 2026, CIEN closed at $361.34, +112.92% over 1 year.

Ciena Corporation (CIEN) has a market capitalization of $47.18B.

In fiscal 2025, CIEN reported revenue of $4.77B.

CIEN Stock Return by Calendar Year

Ciena Corporation (CIEN) 10-year return: what $10,000 became

1 year
$10,000 $21,292
+112.92%
5 years
$10,000 $67,591
+575.91%
10 years
$10,000 $181,305
+1,713.05%

If you had invested $10,000 in Ciena Corporation (CIEN) 10 years ago, at the close on October 21, 2016, it would have been worth $181,305 at the close on October 21, 2026: +1,713.05% in total, +33.61% a year. A historical calculation from closing prices adjusted for splits and dividends, before fees and taxes.

Calendar-year returns computed from daily closing prices. Partial years are shown muted and marked with an asterisk.

YearReturn
2026 (partial year)+54.50%
2025+175.76%
2024+88.42%
2023−11.71%
2022−33.77%
2021+45.64%
2020+23.80%
2019+25.89%
2018+62.02%
2017−14.26%
2016 (partial year)+22.17%

As of October 21, 2026.

CIEN Revenue and Earnings by Fiscal Year

FY ends October
Fiscal yearRevenueNet incomeNet margin
2025$4.77B$123.34M2.6%
2024$4.01B$83.96M2.1%
2023$4.39B$254.83M5.8%
2022$3.63B$152.90M4.2%
Fiscal yearRevenueGross profitOperating incomeNet incomeNet margin
2025$4.77B$2.00B$310.79M$123.34M2.6%
2024$4.01B$1.72B$191.21M$83.96M2.1%
2023$4.39B$1.88B$384.85M$254.83M5.8%
2022$3.63B$1.56B$257.23M$152.90M4.2%

Annual figures as reported, in the company's reporting currency. As of October 31, 2025.

CIEN Valuation vs Communication Equipment Median

Median of 50 stocks
MetricCIENCommunication Equipment medianvs median
P/E74.4437.6398% above
P/S ratio7.842.313.4x the median
Profit margin10.87%−0.64%11.5 pts above

Medians across 50 Communication Equipment stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of October 21, 2026.

Recent News

All 20 articles ↓

News provided by third-party sources. Not financial advice.

Analysis

Data-derived

Company Overview

The market values Ciena Corporation (CIEN) at $47.18B. The company sits in the Technology sector, in the Communication Equipment industry. Headcount on file is 8,898.

The 52-week range on file runs from $159.56 to $637.51. CIEN last closed at $361.34 on October 21, 2026. That is +$19.39 (+5.67%) against the previous close. The latest close sits 126.46% above that 52-week low.

Financial Health

The most recent full year on file, fiscal 2025, shows revenue of $4.77B. Against the prior fiscal year total of $4.01B, that is a change of +18.79%. Net income for the same year was $123.34M. That is +46.91% against the prior fiscal year. Profit margin runs at 10.87%. That is 11.5 percentage points above the Communication Equipment median of −0.64%. Earnings per share on a trailing basis come to 4.47.

Across the 4 fiscal years on file, revenue moves from $3.63B in 2022 to $4.77B in 2025. Of those 4 years, 4 report positive net income.

Valuation Assessment

On trailing earnings, the shares are priced at 74.44 times earnings. That is 97.85% above the Communication Equipment median of 37.63. On forward earnings the ratio is 28.05. The PEG ratio, which sets the P/E against expected earnings growth, reads 0.34. The price-to-sales ratio is 7.84. On price-to-sales that is 3.4 times the Communication Equipment median of 2.31. 50 Communication Equipment companies report these metrics, and the medians quoted come from that group.

The reported beta is 1.29. Daily returns over the trailing 10 years annualize to a volatility of 46.33%. The trailing one-year total return is +112.92%. Measured over 10 years, that is +33.61% a year compounded.

Growth & Income

No dividend is on file for CIEN.

Across the complete calendar years on file, 2025 returned +175.76% and 2022 returned −33.77%. Of the 9 complete calendar years on file, 6 finished higher. 2026 is still running; the total return is +54.50% year to date.

Peer Comparison

Ciena Corporation (CIEN) operates in the Communication Equipment industry. Here is how it compares to its closest peers by market capitalization:

Company Ticker Market Cap P/E Ratio
Ciena Corporation CIEN $47.18B 74.4
Cisco Systems, Inc. CSCO $422.88B 32.2
Motorola Solutions, Inc. MSI $77.37B 36.8
Hewlett Packard Enterprise Company HPE $77.22B 30.0

The Communication Equipment industry average P/E ratio is 37.6x. Ciena Corporation trades at a P/E of 74.4.

Every figure above is read from this page's own data on each daily rebuild. Informational only, not financial advice. As of October 21, 2026.

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About Ciena Corporation

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 Fulton, Maryland.

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