Companies /Technology

CIENA Corp

NYSE: CIEN Communication Equipment
$229.33
▼ $42.91 (−15.76%) today
Markets open · 2:05pm ET

24/7 Wall St. View

Price Prediction $404.54 +48.6% Our analysts’ 12-month view: target, optimistic case, and floor. CIEN price prediction → Earnings Beat +22.5% EPS vs. the estimate, revenue, and how the market reacted. CIEN earnings history →

CIEN at a Glance

Valuation
Market cap
$38.6B
P/E ratio
60.9
Profitability
Revenue (TTM)
$6.0B
Profit margin
10.9%
EPS (TTM)
$4.47
Price
52-week range
$168 – $638
24/7 target
$404.54
Street target
$512.99
Earnings
Next report
Dec 10, 2026
Q3 2026 EPS
$2.11
vs. $1.72 est.
+22.5%

Headquartered in Fulton, MD Fiscal year ends October NYSE: CIEN ciena.com

About Ciena

Ciena Corporation is a networking systems, services, and software company that designs, manufactures, and sells optical and routing networking equipment used by telecommunications service providers, cable operators, cloud providers, and enterprises worldwide. The company operates as the only pure-play optical systems and interconnects provider at scale, with products spanning coherent optical networking systems (powered by its proprietary WaveLogic chipsets), reconfigurable line systems, routing and switching platforms, pluggable optics modules, and network automation software (Blue Planet). Ciena serves over 1,700 customers across more than 80 countries, with a strategic focus on AI-driven network infrastructure including data center interconnect (DCI), scale-across solutions connecting distributed AI training clusters, and traditional wide-area network backbone deployments. The company has approximately 9,000 employees, including over 4,500 R&D specialists. Cloud providers — particularly hyperscalers building AI infrastructure — represent the company's fastest-growing customer vertical, accounting for 53% of Q3 FY2026 revenue. Updated

Revenue by Segment · Q3 2026
  1. Optical Networking71%
  2. Routing and Switching10%
  3. Platform Software and Services6%
  4. Maintenance, Support, and Learning5%
  5. Implementation Services5%
  6. Blue Planet Automation Software and Services1%
  7. Advisory and Enablement1%

Latest Activity

Biggest movers · At the close
Gainers
  • SHOPShopify$179.5+5.1%
  • SNAPSnap$6.53+4.8%
  • CCZComcast$65+4.1%
  • METAMeta$743.16+3.4%
  • MDTMedtronic$91.45+3.4%
Losers
  • CIENCiena$402.61-10.5%
  • LITELumentum$994.95-9.8%
  • IONQIonQ$36.17-9.3%
  • LCIDLucid$3.44-9.2%
  • AAOIApplied Optoelectronics$100.76-8.1%

The optical names took the worst of it at the close, with Ciena down 10.49% and Lumentum and Applied Optoelectronics close behind. Shopify's gain led a much tamer move on the other side of the 382-stock board.

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Biggest movers · On the open
Gainers
  • AIC3.ai$12.68+10.0%
  • NOWServiceNow$146.84+4.3%
  • CRMSalesforce$238.32+4.0%
  • SHOPShopify$177.66+4.0%
  • INTUIntuit$313.58+3.6%
Losers
  • AAOIApplied Optoelectronics$103.05-6.0%
  • CIENCiena$424.25-5.7%
  • LITELumentum$1,042.18-5.5%
  • NVTSNavitas Semiconductor$10.2-5.4%
  • SNDKSanDisk$1,507.87-4.7%

C3.ai is up 9.97% at the open, leading a board where ServiceNow, Salesforce, Shopify and Intuit all gained 3.5% or more. Applied Optoelectronics is down 6% on the other end of the same board.

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CIENCiena
After-hours
$443.84
+13.22%open $392.01

A 13.22% jump to $443.84 adds roughly $8 billion of market value to a $62.9 billion optical networking name in a single session. Moves that big are rare at this scale, and the $392.01 open is now the level to watch.

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Biggest movers · At the close
Gainers
  • CIENCiena$445.37+14.3%
  • CEGConstellation Energy$300.52+12.3%
  • FNFabrinet$488.18+7.6%
  • NBISNebius Group$250.1+7.5%
  • ALABAstera Labs$388.9+7.3%
Losers
  • TEMTempus AI$71.68-14.2%
  • STXSeagate Technology$806.34-9.1%
  • MRNAModerna$187.05-8.0%
  • APPSDigital Turbine$10.48-6.6%
  • SKHYSK hynix Inc.$182.3-6.5%

Nearly 29 points of spread separated the top and bottom of the board at Monday's close, with Ciena up 14.29% to $445.37 and Tempus AI down 14.21% to $71.68. Four of the five leaders sit in AI infrastructure names.

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CIENCiena
Regular session
$433.50
+10.58%open $392.01

A 10.58% intraday jump to $433.50 adds roughly $6 billion to a $61.5 billion optical networking name in a single session. Moves this size are rare here, and the $392.01 open is now the level to watch if it fades.

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AI Portfolio · Eric BleekerCIEN
Milestone+532.6%since recommended · 683 days

Eric Bleeker's AI Portfolio pick in optical networking has turned $1,000 into more than $6,000 in under two years, with the position clearing 500% in 683 days. The AI data center interconnect buildout did it, and the run is still live.

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AI Portfolio · Eric BleekerCIEN
1-year hold+390.8%since recommended · 675 days

Eric Bleeker's AI Portfolio pick has nearly quintupled in 675 days, from $70.13 to $344.19. That is the price of owning AI infrastructure through the swings.

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CIEN Coverage

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Frequently Asked Questions

What does Ciena do?

Ciena Corporation is a networking systems, services, and software company that designs, manufactures, and sells optical and routing networking equipment used by telecommunications service providers, cable operators, cloud providers, and enterprises worldwide.

What is the CIEN stock price target?

24/7 Wall St.'s 12-month price target for CIEN is $404.54, rated Buy. The Wall Street consensus target is $512.99. CIEN price prediction →