CIEN · NYQ
S&P 500
Ciena Corporation
Technology · Communication Equipment
$272.10
+$2.77 (+1.03%) today
Closing price on Nov 10, 2026 · Source: Yahoo Finance
Consensus of 21 analysts
Buy
Median price target $536.50 +97.2%
- Open
- $263.51
- Day range
- 261.00 – $282.99
- 52-week range
- 168.22 – $637.51
- Volume
- 2,761,102
- Market cap
- $38,586M
- P/E (TTM)
- 60.9x
- EPS (TTM)
- $4.47
- EPS est. FY 2026
- $7.17
- P/E est. FY 2026
- 38.0x
- Dividend yield
- n/a
- Beta
- 1.35
- Payout
- 0%
The analysis of this company is being prepared and will appear in the next update.
Ciena financials
Q3 2026 results, quarter ended Jul 31, 2026
| Metric | Q3 2026 | 1-year change |
|---|---|---|
| Total revenue | $1,671M | +37.0% |
| Net income | $266M | +429.6% |
| Earnings per share | $1.83 | +422.9% |
| Net margin | 15.9% | +11.8 pp |
| Free cash flow | $116M | −13.6% |
| Debt / equity | 1.07 | +88.8% |
Revenue and net income ($M)
Total revenueNet income
| Quarter | Total revenue | Net income |
|---|---|---|
| Q3 2025 | $1,219M | $50M |
| Q4 2025 | $1,352M | $19M |
| Q1 2026 | $1,427M | $150M |
| Q2 2026 | $1,571M | $218M |
| Q3 2026 | $1,671M | $266M |
Ciena earnings per share (EPS)
Consensus estimates
| Period | EPS est. | 1-year change |
|---|---|---|
| Current quarterQ4 2026 · Analysts: 5 | $1.6171.49 – 1.87 | +1,143.8%$0.130 |
| Next quarterQ1 2027 · Analysts: 15 | $2.3612.10 – 2.59 | +74.9%$1.350 |
| Current yearFY 2026 · Analysts: 19 | $7.1666.99 – 7.33 | +171.4%$2.640 |
| Next yearFY 2027 · Analysts: 7 | $10.3319.82 – 11.28 | +78.1%$5.800 |
Forward P/E: 38.0x (FY 2026) and 26.3x (FY 2027) at the current price.
Actual and estimated EPS ($)
Actual EPSEstimated EPS
| Quarter | Actual EPS | Estimated EPS |
|---|---|---|
| Q3 2025 | $0.350 | — |
| Q4 2025 | $0.910 | $0.770 |
| Q1 2026 | $1.350 | $1.168 |
| Q2 2026 | $1.640 | $1.460 |
| Q3 2026 | $2.110 | $1.728 |
| Q4 2026 | — | $1.617 |
| Q1 2027 | — | $2.361 |
| Year | Actual EPS | Estimated EPS |
|---|---|---|
| FY 2022 | $1.000 | — |
| FY 2023 | $1.710 | — |
| FY 2024 | $0.580 | — |
| FY 2025 | $0.850 | — |
| FY 2026 | — | $7.166 |
| FY 2027 | — | $10.331 |
EPS trend
| Quarter | EPS | YoY change |
|---|---|---|
| Q1 2027Estimated | $2.361 | +74.9% |
| Q4 2026Estimated | $1.617 | +77.7% |
| Q3 2026 | $2.110est. $1.728 · surprise +22.1% | +502.9% |
| Q2 2026 | $1.640est. $1.460 · surprise +12.3% | n/a |
| Q1 2026 | $1.350est. $1.168 · surprise +15.6% | n/a |
| Q4 2025 | $0.910est. $0.770 · surprise +18.2% | n/a |
| Q3 2025 | $0.350 | n/a |
| Year | EPS | Annual change |
|---|---|---|
| FY 2027Estimated | $10.331 | +44.2% |
| FY 2026Estimated | $7.166 | +743.0% |
| FY 2025 | $0.850 | +46.6% |
| FY 2024 | $0.580 | −66.1% |
| FY 2023 | $1.710 | +71.0% |
| FY 2022 | $1.000 | n/a |
Normalised EPS according to the analyst consensus collected by Yahoo Finance; it may differ from the reported EPS in the results table.
Ciena dividend
Ciena has not paid dividends in recent years.
Ciena forecasts
21 analyst ratings
Consensus: Buy · 17 buy, 4 hold, 0 sell
1-year price forecast
Share price
Price target (high, median, low)
| Target | Price | Upside |
|---|---|---|
| High | $660.00 | +142.6% |
| Median | $536.50 | +97.2% |
| Low | $347.00 | +27.5% |
| Date | Close |
|---|---|
| Nov 28, 2025 | $204.21 |
| Dec 31, 2025 | $233.87 |
| Jan 30, 2026 | $251.81 |
| Feb 27, 2026 | $348.70 |
| Mar 31, 2026 | $388.23 |
| Apr 30, 2026 | $527.58 |
| May 29, 2026 | $580.23 |
| Jun 30, 2026 | $490.56 |
| Jul 31, 2026 | $377.05 |
| Aug 31, 2026 | $382.80 |
| Sep 30, 2026 | $351.82 |
| Oct 30, 2026 | $320.72 |
| Nov 10, 2026 | $272.10 |
Ciena peers
| Ticker | Company | Market cap ($M) | P/E | Price ($) | 1-day change | 52-week range |
|---|---|---|---|---|---|---|
| CIEN | Ciena | 38,586 | 60.9x | 272.10 | +1.03% | 168.22637.51 |
| CSCO | Cisco | 386,965 | 29.5x | 98.15 | −0.51% | 71.10130.37 |
| MSI | Motorola Solutions | 87,194 | 42.4x | 527.38 | −0.11% | 359.36548.29 |
| HPE | Hewlett Packard Enterprise | 63,625 | 24.7x | 47.93 | +0.82% | 19.8473.56 |
| LITE | Lumentum | 53,102 | n/a | 585.57 | −1.78% | 215.351,143.00 |
| ZBRA | Zebra Technologies | 15,133 | 26.0x | 321.38 | −1.63% | 199.05392.78 |
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