Ciena Corporation (CIEN) Stock: Price, Forecast & Analyst Target
Ciena Corporation (CIEN) — MoonshotScore 78/100 (Strong band), calculated Oct 4, 2026. Price $391.34 (+3.22%), as of the Oct 2, 2026 trading session; market cap $55.4B. Expected results Dec 10, 2026.
Educational signal · not a buy or sell recommendation · How to read this
Ciena Corporation · CIEN · NYSE · Technology · Communication Equipment
Research dated 2026-09-12: Ciena supplies the optical and packet-networking systems that carriers and other network operators use to move and manage traffic, with software and services wrapped around that hardware base. The case hinges on whether rising platform demand and operating leverage can persist after the recent acceleration without cash conversion weakening as planned investments are funded.
Price as of Oct 2, 2026
Key Statistics
MoonshotScore v2 · Ciena (CIEN)
StrongWhy this rating? Method, drivers & history
Bands for the MoonshotScore: Exceptional 80-100 · Strong 65-79 · Fair 45-64 · Weak below 45.
- Business Quality — Is this a genuinely good business?
- Financial Safety — Could this blow up on me?
- Valuation — Am I paying a fair price?
- Growth Durability — Is the growth real and likely to last?
- Momentum — Is the market already moving on this?
High quality, a fortress balance sheet and elite growth, but a full valuation; the market is already moving on it. Business Quality: Solid; Financial Safety: Fortress; Valuation: Rich; Growth Durability: Compounding; Momentum: Rising.
Enterprise value relative to free cash flow is the main valuation drag relative to sector peers.
- quarterly revenue $1.67B (Q3 FY2026, quarter ended Aug 2026)
- EPS beat 6 of 8
- Altman Z 7.94 · Piotroski F 8
Holding back: a rich price
Helping: business quality, balance-sheet strength, durable growth, positive momentum
What has the MoonshotScore done over time?
| Recorded | Score | Band |
|---|---|---|
| 76 | Strong | |
| 76 | Strong | |
| 76 | Strong | |
| 76 | Strong | |
| 76 | Strong | |
| 76 | Strong |
The score was 78 in the stored Oct 3, 2026 snapshot and remains 78 in the current publication computed Oct 4, 2026 (0); the largest pillar moves were Momentum +1; the pillar moves offset under the sector-relative weighting, so the headline score is unchanged.
Calculation uses the most recent completed US trading session. Live price changes do not update the score immediately.
Computed · Educational signal · not a buy or sell recommendation · How the MoonshotScore is computed →
Price & valuation
| Measure | Value | As of |
|---|---|---|
| Latest provided price | $391.34 | |
| Change on the day | +3.22% | |
| 52-week range | $147.36–$637.51 | |
| Market capitalisation | $55.4B | |
| Price / earnings (trailing) | 84.71 | |
| Shares traded on the day | 2.52M | |
| Beta (volatility vs the S&P 500) | 1.31 |
Price & events
Triangles mark reported quarters on the line: pointing up is above the recorded estimate, down is below, a diamond means no estimate on file. Numbers key to the dated list. Point at or tab to any week for its close.
Events behind the price
- · Earnings results · above the recorded estimate
- · Earnings results · above the recorded estimate
- · Earnings results · above the recorded estimate
- · Earnings results · above the recorded estimate
Results dates follow the earnings feed; call dates follow the transcript provider. Nearby dates do not establish that an event caused a price move.
Upcoming events
The provider's estimated date can change.
What to watch nextOther perspectives
Council score for Ciena (CIEN): perspectives
Council is a separate blend of available disciplines; MoonshotScore above remains the five-pillar research rating.
5-Factor Breakdown
Legends Council
6 lenses, 0 current
AI simulations built from the named investors' published principles. Not affiliated with, endorsed by, or the opinion of these individuals. How these lenses are built
Read on: Oct 3, 2026 · older than the 27 hours refresh window; not a current reading
Munger's Mindset
Balance Sheet & Valuation · historical
Read on: Sep 9, 2026 · older than the 27 hours refresh window; not a current reading
How to read these bars and different assessments
Council is a separate blend of available disciplines; MoonshotScore above remains the five-pillar research rating.
Bars show each model's ordered assessment on its own scale, not a probability or a comparable investment return. The adjacent words give the assessment; more filled segments indicate a stronger model reading.
On Sep 9, 2026, the Munger lens read the price at that time as overvalued against its own estimate of value.
Readings on this page are from Oct 5, 2026, except a card that shows its own read date.
Watch the CIEN film — every key number, told as a short cinematic story
~2 min · open the film
What is Ciena (CIEN), and what does it report?
Short answer · as of
Ciena is not merely a communications-equipment maker selling interchangeable boxes. Its portfolio combines coherent optical transport, packet switching, interconnect systems, embedded operating software, network automation, planning tools, deployment support and maintenance for operators expanding or reworking network capacity.
Research dated 2026-09-12.
Ciena is not merely a communications-equipment maker selling interchangeable boxes. Its portfolio combines coherent optical transport, packet switching, interconnect systems, embedded operating software, network automation, planning tools, deployment support and maintenance for operators expanding or reworking network capacity.
Networking Platforms supplies the dominant share of reported revenue. Global Services, Platform Software and Services, and Blue Planet broaden the customer relationship, but the reported economics remain driven chiefly by platform shipments and deployments rather than a software subscription model.
What do the latest results show for Ciena (CIEN)?
Short answer · as of
The most recent reported quarter, Q3 FY2026, carried revenue of $1.67B.
Research dated 2026-09-12.
The latest sequence shows revenue, gross profit, operating profit, net income and diluted earnings advancing together, with the newest period setting the high point of the reported series. Recent revenue and adjusted earnings have also exceeded consensus repeatedly, while operating expenses rose much less than gross profit in the latest period.
Annual revenue had already recovered beyond its prior peak, although annual net income remained well below an earlier high. Management now expects further revenue progress, market-share gains across optical systems and pluggables, and an adjusted operating margin above a level the company has not previously sustained for a full year; those are forward expectations, not explanations for the results already reported.
Where is operating spending going?
Revenue alongside research and development, selling, general and administrative expenses, and the FMP standardized operating result.
| Period end | Revenue | R&D | SG&A | FMP standardized operating result |
|---|---|---|---|---|
| Jul 31, 2026 | Not available | Not available | Not available | Not available |
| Apr 30, 2026 | Not available | Not available | Not available | Not available |
| Jan 31, 2026 | Not available | Not available | Not available | Not available |
| Oct 31, 2025 | Not available | Not available | Not available | Not available |
USD. The operating result is the FMP-standardized value supplied by FMP; it may differ from a filing’s GAAP loss from operations when the provider classifies separately presented items differently. It is not net income or cash flow.
Did results meet expectations?
Reported earnings and revenue alongside the estimates recorded by the provider.
- Latest report · revenue
- $1.67B Sep 3, 2026
- Latest report · revenue estimate
- $1.64B Sep 3, 2026
- Latest report · revenue vs estimate
- Above estimate Sep 3, 2026
- Latest report · EPS vs estimate
- Above estimate Sep 3, 2026
| Report date | Revenue · reported | Revenue · estimate | EPS · reported | EPS · estimate |
|---|---|---|---|---|
| Sep 3, 2026 | $1.67B | $1.64B | $2.1100 | $1.7300 |
| Jun 4, 2026 | $1.57B | $1.50B | $1.6400 | $1.4600 |
| Mar 5, 2026 | $1.43B | $1.40B | $1.3500 | $1.1700 |
| Dec 11, 2025 | $1.35B | $1.29B | $0.9100 | $0.7800 |
Dates are report dates, not fiscal period ends. Revenue is in USD; EPS is USD per share, rounded to four decimals. The earnings feed does not establish a basic, diluted or adjusted basis. Earnings-feed EPS may differ from statement EPS; the two series are not combined.
Quarterly income statement — 4 quarters
| Period | Revenue | Net income | EPS |
|---|---|---|---|
| Q3 FY2026 | $1.67B | $266M | $1.83 (diluted) |
| Q2 FY2026 | $1.57B | $218M | $1.49 (diluted) |
| Q1 FY2026 | $1.43B | $150M | $1.03 (diluted) |
| Q4 FY2025 | $1.35B | $19M | $0.13 (diluted) |
What are the financial strengths and risks for Ciena (CIEN)?
Short answer
Cash and short-term investments were $0.00 at the Jul 31, 2026 balance-sheet date. This figure does not establish a cash runway.
Research dated 2026-09-12.
Liquidity is a clear financial strength: cash and investments stand far above total debt, operating cash flow has remained positive throughout the displayed sequence, and conventional liquidity ratios show ample short-term coverage. The latest cash balance also rose sharply, though that movement was much larger than operating cash flow alone.
The risk sits at the intersection of concentration and expectations. Networking Platforms carries the revenue base, so weaker operator deployment demand would reach Ciena through its core platform business, while elevated valuation multiples leave less tolerance for slower growth or weaker margins. Management has also warned that planned agreement-related disbursements should reduce near-term cash from operations.
What should you watch next at Ciena (CIEN)?
Short answer · as of
The next earnings report is expected on Dec 10, 2026.
Research dated 2026-09-12.
Watch whether revenue continues its sequential advance while gross and operating profit keep pace; that combination would show that recent operating leverage is holding. The next report also carries a higher consensus revenue hurdle, following a run of positive revenue surprises.
Cash conversion deserves separate attention because management expects investment disbursements to reduce cash from operations. The useful comparison is not merely the ending cash balance, but operating cash flow against capital spending and the scale of the planned outflow.
Management has tied its outlook to share gains in optical systems and pluggables and to unusually strong adjusted operating profitability. Evidence of both matters more than revenue growth alone, especially as longer-horizon analyst estimates spread across a wide range.
What the records here don't tell us
- No forward revenue or earnings estimate is on file.
Checked against the records this page reads, on the dates shown above.
How does Ciena compare with its peers?
Short answer
Ciena's score ranks 4th of 13 in the bounded comparison shown, against 12 same-model peers. These are company scores, not expected investment returns. The set lists named competitors first, then companies in the same data-provider industry classification closest in market value; that classification is the provider's, not our judgment of business similarity.
Research dated 2026-09-12.
Ciena spans more of the network workflow than a hardware-only vendor: optical transport and packet switching sit beside embedded software, Blue Planet orchestration, network management, design, installation and maintenance. That breadth can deepen an operator relationship because equipment deployment and network control are addressed within the same portfolio.
Its financial shape nevertheless differs from a software-led networking business. Hardware-centered Networking Platforms remains the economic core, while automation software and broader software services are much smaller contributors; shipment and deployment demand therefore matter more to reported revenue than subscription expansion would at a software specialist.
| Company | Price | Market value | Score |
|---|---|---|---|
| $620.52 Oct 2, 2026 | $37.6B | 91 5-pillar Oct 4, 2026 | |
| $218.64 Oct 2, 2026 | $40.8B | 89 5-pillar Oct 4, 2026 | |
| $92.88 Oct 2, 2026 | $27.2B | 89 5-pillar Oct 4, 2026 | |
| Ciena (CIEN) — this page | $391.34 | $55.4B | 78 |
| $9.29 Oct 2, 2026 | $30.5B | 76 5-pillar Oct 4, 2026 | |
| $112.20 Oct 2, 2026 | $442B | 73 5-pillar Oct 4, 2026 | |
| $69.35 Oct 2, 2026 | $91.8B | 68 5-pillar Oct 4, 2026 | |
| $447.41 Oct 2, 2026 | $74.3B | 67 5-pillar Oct 4, 2026 | |
| $375.86 Oct 2, 2026 | $17.9B | 67 5-pillar Oct 4, 2026 | |
| $10.60 Oct 2, 2026 | $57.3B | 60 5-pillar Oct 4, 2026 | |
| $72.00 Oct 2, 2026 | $9.92B | 33 5-pillar Oct 4, 2026 | |
| $189.71 Oct 2, 2026 | $5.80B | 33 5-pillar Oct 4, 2026 | |
| $1085.42 Oct 2, 2026 | $84.5B | 25 5-pillar Oct 4, 2026 |
Only 5-pillar scores are ranked together. Other models are not directly comparable. Price and score dates are shown separately; market-value dates are unavailable.
The records behind this page
Analyst targets & estimates
What analysts have on file
- Price target, low to high
- $347.00 – $615.00
- Consensus target
- $500.38
- Median target
- $525.00
Consensus record · Captured .
Measured against a quoted price of $391.34 (as of Oct 2, 2026).
Insider activity
Form 4 records via FMP · Of the newest 60 records, those within the last 180 days, newest dated Sep 25, 2026
- Transactions
- 60
- Identified insiders
- 11
- Purchases
- 0
- Sales
- 23
- Other transactions
- 37
Purchases and sales use the reported transaction category. Other transactions include awards, exercises, gifts, withholding and unclassified activity; an acquisition or disposition alone is not a purchase or sale. These records do not establish intent.
What has been published about Ciena (CIEN)?
What Investors Ask About Ciena (CIEN) — Technology
Research dated 2026-09-12; the answers below are from that research, and the full attribution is under Sources. The last 2 questions are answered from this page's own dated data, not from the research.
What does Waveserver contribute to Ciena’s network portfolio?
Waveserver provides a dedicated interconnect system within Ciena’s broader packet-optical portfolio, supporting high-capacity movement of data alongside the company’s transport, switching and management products.
Why does Blue Planet matter when Networking Platforms dominates Ciena’s revenue?
Blue Planet extends Ciena from supplying network infrastructure into orchestrating services, maintaining network inventory, optimizing routes and coordinating virtualized functions. It is a smaller revenue contributor, but it broadens how Ciena participates in customers’ network operations.
Can Ciena’s latest cash surge be treated as recurring operating cash flow?
The cash balance rose far more than operating cash flow in the latest period, so the increase should not be treated as a recurring cash-generation rate. Management also expects planned investment disbursements to reduce near-term cash from operations.
What would validate Ciena’s optical systems and pluggables outlook?
Continued revenue progression, sustained operating leverage and evidence of the market-share gain management expects would support the outlook. Revenue growth without the anticipated margin performance would provide a weaker confirmation.
What is the CIEN stock price today?
The last price recorded on this page for Ciena Corporation (CIEN) is $391.34, as of the Oct 2, 2026 trading session (source: Financial Modeling Prep (FMP) · quote). It is a provider snapshot, not a live exchange feed, so check a brokerage quote before you trade.
What is the CIEN price target?
The analyst consensus price target for Ciena Corporation (CIEN) is $500.38 (range $347.00 to $615.00, median $525.00), per FMP data captured Oct 4, 2026. Targets are analyst opinions and change often; they are not a Stock Expert AI forecast.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Research written by Codex (gpt-5.6-sol) on 2026-09-12. AI-authored analysis; source dates are shown with each answer. Editorial oversight is systemic, not page-by-page. Editorially accountable: Sedat ANAK, Founder and Editor-in-Chief.
Sources — records for every figure on this page (46 figures)
The 46 rows below are exactly the facts the evidence-backed sections of this page printed — the 10-second verdict, the MoonshotScore, price and market value, the five questions with their receipts, and the records behind this page. Known dates and sources are recorded on their own rows; an em dash or UNRECORDED tier preserves a stored observation without inventing either. The quarterly income statement is provider-standardized (FMP) under one row, and scale definitions — a 0-100 rating, the band ladder, the Piotroski 0–9 range — are fixed rather than measured. No number in those sections was generated by a model. The register does not cover quoted third-party headlines, the dated council readings, or the Frequently Asked Questions; each of those says where it came from where it stands.
"As of" is the date the value is true for where the source carries one — a quarter end, a filing date, a price close, the day the score was computed. A cached observation with no source date remains undated; the page publication date is not used as a substitute.
OFFICIAL — 1 fact from SEC filings and earnings calls
| Fact ID | Fact | Value as shown | As of | Tier | Source |
|---|---|---|---|---|---|
id.hq | SEC filing business address | Hanover, MD | OFFICIAL | SEC EDGAR filer business address — The SEC filer business address. Our market-data provider separately lists "8150 Maple Lawn Boulevard, Fulton, MD, 20759, US". |
FMP — 38 facts from Financial Modeling Prep endpoint families
| Fact ID | Fact | Value as shown | As of | Tier | Source |
|---|---|---|---|---|---|
px.last | Latest provided price | $391.34 | FMP | Financial Modeling Prep (FMP) · quote — Dated to the US trading session the price belongs to, derived from the quote record's timestamp (weekend and pre-open reads roll back to the previous weekday; exchange holidays are not modelled). The record does not establish an exchange execution time. Retrieved 2026-10-04T20:54:40.633Z. | |
px.change | Change on the day | +3.22% | FMP | Financial Modeling Prep (FMP) · quote | |
px.mcap | Market capitalisation | $55.4B | FMP | Financial Modeling Prep (FMP) · quote — Date unknown Market cap record date: 2026-10-02. FMP quote timestamp: 2026-10-02T20:00:02.000Z. Captured from FMP at 2026-10-04T20:54:39.019Z. No share-count basis is inferred; this page preserves the reported amount instead of recalculating it from shares. | |
earn.next | Next earnings date | Dec 10, 2026 | FMP | Financial Modeling Prep (FMP) earnings calendar — The date is our provider's estimate until the company confirms it. | |
px.change_abs | Change on the day, in dollars | +$12.20 | FMP | Financial Modeling Prep (FMP) · quote | |
fin.q_revenue | Revenue, Q3 FY2026 | $1.67B | FMP | Financial Modeling Prep (FMP) · income statement (quarterly) | |
px.range52 | 52-week range | $147.36–$637.51 | FMP | Financial Modeling Prep (FMP) quote | |
px.pe | Price / earnings (trailing) | 84.71 | FMP | Financial Modeling Prep (FMP) · quote | |
px.volume | Shares traded on the day | 2.52M | FMP | Financial Modeling Prep (FMP) · quote | |
px.beta | Beta | 1.31 | FMP | Financial Modeling Prep (FMP) company profile | |
id.ceo | Chief executive | Gary Smith | FMP | Financial Modeling Prep (FMP) key executives (proxy-derived) — Titles and pay come from the company's proxy statement as our provider parsed it. | |
id.employees | Employees | 8,989 | FMP | Financial Modeling Prep (FMP) company profile | |
fin.annual | Revenue and net result by fiscal year | 5 fiscal years, FY1970 through FY2025: FY1970 revenue $0.00, net result $0.00; FY2022 revenue $0.00, net result $0.00; FY2023 revenue $0.00, net result $0.00; FY2024 revenue $0.00, net result $0.00; FY2025 revenue $0.00, net result $0.00 | FMP | Financial Modeling Prep (FMP), from the company's 10-K income statements | |
fin.gross_margin | Gross margin (trailing twelve months) | 44.1% | FMP | Financial Modeling Prep (FMP) key-metrics-ttm + ratios-ttm — A ratio our provider could not compute is absent rather than shown as zero. | |
earn.history.depth.2026-09-03.revenue_actual | Revenue · reported — report date 2026-09-03 | $1.67B | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-09-03.revenue_estimated | Revenue · estimate — report date 2026-09-03 | $1.64B | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-09-03.eps_actual | EPS · reported — report date 2026-09-03 | $2.1100 | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-09-03.eps_estimated | EPS · estimate — report date 2026-09-03 | $1.7300 | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-06-04.revenue_actual | Revenue · reported — report date 2026-06-04 | $1.57B | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-06-04.revenue_estimated | Revenue · estimate — report date 2026-06-04 | $1.50B | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-06-04.eps_actual | EPS · reported — report date 2026-06-04 | $1.6400 | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-06-04.eps_estimated | EPS · estimate — report date 2026-06-04 | $1.4600 | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-03-05.revenue_actual | Revenue · reported — report date 2026-03-05 | $1.43B | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-03-05.revenue_estimated | Revenue · estimate — report date 2026-03-05 | $1.40B | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-03-05.eps_actual | EPS · reported — report date 2026-03-05 | $1.3500 | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-03-05.eps_estimated | EPS · estimate — report date 2026-03-05 | $1.1700 | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2025-12-11.revenue_actual | Revenue · reported — report date 2025-12-11 | $1.35B | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2025-12-11.revenue_estimated | Revenue · estimate — report date 2025-12-11 | $1.29B | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2025-12-11.eps_actual | EPS · reported — report date 2025-12-11 | $0.9100 | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2025-12-11.eps_estimated | EPS · estimate — report date 2025-12-11 | $0.7800 | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
fin.q_table | Quarterly income statement | 4 quarters through Q3 FY2026 | FMP | Financial Modeling Prep (FMP) · income statement (quarterly), as filed | |
fin.cash_investments | Cash and short-term investments | $0.00 | FMP | Financial Modeling Prep (FMP), from the company's balance sheet — Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability. Long-term investments are excluded and remain unclassified. Restrictions on cash and short-term investments require separate review. The market-value ratio is undefined when the reported amount is zero. | |
fin.total_debt | Total debt | $0.00 | FMP | Financial Modeling Prep (FMP), from the company's balance sheet — Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability. | |
fin.price_to_book | Price to book value | 18.19× | FMP | Financial Modeling Prep (FMP) key-metrics-ttm + ratios-ttm — A ratio our provider could not compute is absent rather than shown as zero. | |
earn.pt_range | Analyst price target, low to high | $347.00 – $615.00 | FMP | Financial Modeling Prep (FMP) · price-target consensus — Captured Oct 4, 2026 · Coverage not supplied | |
earn.pt_consensus | Consensus analyst price target | $500.38 | FMP | Financial Modeling Prep (FMP) · price-target consensus — Captured Oct 4, 2026 · Coverage not supplied | |
earn.pt_median | Median analyst price target | $525.00 | FMP | Financial Modeling Prep (FMP) · price-target consensus — Captured Oct 4, 2026 · Coverage not supplied | |
own.insiders | Insider transactions via FMP | 60 transactions · 0 purchases, 23 sales, 37 other transactions · 11 identified insiders · of the newest 60 records, those within the last 180 days, newest dated Sep 25, 2026 | FMP | Financial Modeling Prep (FMP), carrying Form 4 transaction records — Purchases and sales use the reported transaction category. Other transactions include awards, exercises, gifts, withholding and unclassified activity; an acquisition or disposition alone is not a purchase or sale. These records do not establish intent. |
UNRECORDED — 2 facts from stored observations whose source was not recorded
| Fact ID | Fact | Value as shown | As of | Tier | Source |
|---|---|---|---|---|---|
earn.history | Reported versus estimated, recent quarters | EPS beat 6 of 8 | UNRECORDED | Stored earnings-history observation — Captured 2026-10-02 · Expired observation | |
fin.scores | Distress and quality screens | Altman Z 7.94 · Piotroski F 8 | UNRECORDED | Stored financial-scores observation — Captured 2026-10-04 |
COMPUTED — 2 facts from our arithmetic, formula restated
| Fact ID | Fact | Value as shown | As of | Tier | Source |
|---|---|---|---|---|---|
earn.history.depth.2026-09-03.revenue_actual.comparison | Latest report · revenue vs estimate | Above estimate | Report date · | COMPUTED | Computed from Financial Modeling Prep (FMP) earnings — Earnings-history note — Method: compare reported revenue ($1.67B) with the recorded estimate ($1.64B) at displayed precision. Equal displayed values are in line. This compares reported results with recorded estimates, not investment returns. |
earn.history.depth.2026-09-03.eps_actual.comparison | Latest report · EPS vs estimate | Above estimate | Report date · | COMPUTED | Computed from Financial Modeling Prep (FMP) earnings — Earnings-history note — Method: compare reported EPS ($2.1100) with the recorded estimate ($1.7300) at displayed precision. Equal displayed values are in line. This compares reported results with recorded estimates, not investment returns. |
OURS — 3 facts from Stock Expert AI's own score and rank
| Fact ID | Fact | Value as shown | As of | Tier | Source |
|---|---|---|---|---|---|
ours.moonshot | MoonshotScore v2 | 78 of 100 · Strong · pillars 68 / 91 / 25 / 89 / 78 | OURS | Stock Expert AI MoonshotScore v2 engine | |
ours.valuation_driver | Recorded valuation score driver | Enterprise value relative to free cash flow is the main valuation drag relative to sector peers. | OURS | Stock Expert AI MoonshotScore v2 engine · stored factor contributions | |
ours.moonshot_change | MoonshotScore movement | 78 (stored snapshot Oct 3, 2026) → 78 (current publication computed Oct 4, 2026) (0) | OURS | Stock Expert AI current score publication and immutable score snapshots |
Fact-family notes
- Earnings-history note. Source series as of 2026-09-03. Dates are report dates, not fiscal period ends. Revenue is in USD; EPS is USD per share, rounded to four decimals. The earnings feed does not establish a basic, diluted or adjusted basis. Earnings-feed EPS may differ from statement EPS; the two series are not combined. Applies to Fact IDs:
earn.history.depth.2026-09-03.revenue_actual,earn.history.depth.2026-09-03.revenue_estimated,earn.history.depth.2026-09-03.revenue_actual.comparison,earn.history.depth.2026-09-03.eps_actual.comparison,earn.history.depth.2026-09-03.eps_actual,earn.history.depth.2026-09-03.eps_estimated,earn.history.depth.2026-06-04.revenue_actual,earn.history.depth.2026-06-04.revenue_estimated,earn.history.depth.2026-06-04.eps_actual,earn.history.depth.2026-06-04.eps_estimated,earn.history.depth.2026-03-05.revenue_actual,earn.history.depth.2026-03-05.revenue_estimated,earn.history.depth.2026-03-05.eps_actual,earn.history.depth.2026-03-05.eps_estimated,earn.history.depth.2025-12-11.revenue_actual,earn.history.depth.2025-12-11.revenue_estimated,earn.history.depth.2025-12-11.eps_actual,earn.history.depth.2025-12-11.eps_estimated.
- Published
- Research standards
- Methodology · Editorial policy · Corrections
- Report a number
- sedat@stockexpertai.com
Sources used for research written 2026-09-12
Historical evidence preserved with this analysis. Current figures are listed separately above.
| Evidence | Captured value | Source date | Source type | Source |
|---|---|---|---|---|
| Business description | Ciena Corporation is a global technology company focused on telecommunications infrastructure. It delivers integrated solutions – including specialized hardware, software applications, and professional services – designed to facilitate the efficient transmission, routing, switching, aggregation, delivery, and overall management of video, data, and voice traffic across communication networks worldwide. Within its Networking Platforms division, Ciena develops and supplies advanced hardware and integrated solutions. These products are specifically engineered to optimize the convergence of various optical transport methods (like coherent optical transport and optical transport network switching) with packet switching, enabling high-performance data handling. The product portfolio spans a range of packet-optical platforms (e.g., the 6500, 5400, and Z-Series), reconfigurable switching systems (such as the 5430), Waveserver interconnect systems, and dedicated switches for service delivery and aggregation (including the 3000 and 5000 families). This segment also provides the essential operating system software and advanced features embedded within its hardware offerings. Ciena's Blue Planet Automation Software and Services arm is dedicated to intelligent network automation. It offers solutions for orchestrating services across multiple network domains, maintaining precise network inventory, optimizing data routes, coordinating virtualized network functions (NFV), and delivering insightful analytics, alongside related support. The Platform Software and Services segment provides unified management platforms, exemplified by its OneControl system, as well as other software tools for comprehensive network planning, operational control, and ongoing oversight. Finally, the Global Services segment delivers end-to-end client support. This includes strategic consulting, detailed network architecture design, expert installation and deployment, ongoing maintenance, and comprehensive training programs. The company distributes its cutting-edge products and services to network operators through both direct sales forces and indirect channel partners. Established in 1992, Ciena Corporation maintains its corporate headquarters in Hanover, Maryland. | 2026-09-12 | FMP | Financial Modeling Prep (FMP) company profile |
| Revenue by segment | Global Services: $537.22M; Networking Platforms Segment: $3.04B; Platform Software and Services Segment: $358.06M; Blue Planet Automation Software and Services Segment: $77.62M | 2024-11-02 | FMP | Financial Modeling Prep (FMP) revenue segmentation, from the company's 10-K |
| Quarterly income statement (USD thousands) | Captured record · 8 entries
| 2026-08-01 | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements |
| Operating cash flow by quarter (USD millions) | Captured record · 8 entries
| 2026-08-01 | FMP | Financial Modeling Prep (FMP), from the company's 10-Q cash-flow statements |
| Management outlook — dated call excerpts | Captured record · 4 entries
Selected verbatim statements from the latest available call, dated by the transcript provider. Management expectations, not completed milestones or guarantees. Relative dates retain the speaker's wording. | 2026-09-03 | OFFICIAL | Company earnings call, transcript via Financial Modeling Prep (FMP) |
| Sector / industry (provider taxonomy) | Technology / Communication Equipment The company's SEC filings classify it under SIC 3661 — Telephone & Telegraph Apparatus. | 2026-09-12 | FMP | Financial Modeling Prep (FMP) company profile |
| Annual revenue and net result (USD millions) | Captured record · 5 entries
| 2025-11-01 | FMP | Financial Modeling Prep (FMP), from the company's 10-K income statements |
| Reported versus estimated, last 8 quarters | Captured record · 8 entries
| 2026-09-03 | FMP | Financial Modeling Prep (FMP) earnings |
| Cash, investments and debt | Total debt: $237.16M; Liquidity basis: cash and short-term investments; Total liabilities: $4.94B; Cash and short-term investments: $2.63B; Cash and investments: $2.84B; Long-term investments: $213.55M; Long-term investments classification: unclassified Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability. | 2026-08-01 | FMP | Financial Modeling Prep (FMP), from the company's balance sheet |
| Cash and investment components | Total basis: cash short and long-term investments; Total: $2.84B; Cash and short-term investments: $2.63B; Long-term investments: $213.60M; Long-term investments classification: unclassified Sums the balance sheet's cash and short-term investments with its long-term investments.; The long-term investment field does not establish marketability; the sum is not a measure of available liquidity.; These provider fields do not establish investment access restrictions or explain differences from third-party cash figures. | 2026-08-01 | COMPUTED | Computed from the balance sheet |
| Cash and short-term investments over time (USD millions) | Captured record · 8 entries
| 2026-08-01 | FMP | Financial Modeling Prep (FMP), from the company's quarterly balance sheets |
| Trailing twelve-month ratio set | Quick ratio: 3.17; Current ratio: 3.8; Debt to equity: 0.08; Net margin: 10.9%; Gross margin: 44.1%; Operating margin: 14.1%; Return on assets: 8.2%; Return on equity: 22.8% Price-based multiples captured at research time are not repeated here; the page shows each once, from current figures with their own dates. A ratio our provider could not compute is absent rather than shown as zero. | 2026-09-12 | FMP | Financial Modeling Prep (FMP) key-metrics-ttm + ratios-ttm |
| Cash against market value | As of: 2026-08-01; Cash basis: cash and short-term investments; Net cash: $2.39B; Total debt: $237.20M; Cash and investments: $2.63B Price-based multiples captured at research time are not repeated here; the page shows each once, from current figures with their own dates. Cash is the latest reported cash and short-term investment balance; long-term investments are excluded. Market capitalization is the latest provider value.; The reported balance does not establish unrestricted availability or liquidation value.; The two are measured on different dates — the balance sheet is a quarter-end, the market cap is a recent close.; Debt is total debt as reported, including operating lease liabilities where the filer includes them. | 2026-08-01 | COMPUTED | Computed from the balance sheet and the latest market capitalization |
| Next earnings report | Date: 2026-12-10; EPS estimate: $2.05 per share; Revenue estimate: $1.76B The date is our provider's estimate until the company confirms it. | 2026-09-12 | FMP | Financial Modeling Prep (FMP) earnings calendar |
| Analyst revenue and earnings estimates (average) | Captured record · 4 entries
| 2026-09-12 | FMP | Financial Modeling Prep (FMP) analyst estimates |
Data provided for informational purposes only.
ETFs that hold CIEN
Funds in our ETF coverage that list CIEN among the top 10 holdings on their fund page, largest weight first. Each weight is the fund's reported holding weight as of the date in its row.