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Ciena Corporation

United States, Maryland, Hanover
Description
Ciena is a networking systems, services and software company, providing solutions that enable a wide range of network operators to deploy and manage next-generation networks that deliver services to businesses and consumers. It provides provide hardware, software and services that support the delivery of video, data and voice traffic over core, metro, aggregation, and access communications networks. Users include communications service providers, cable and multiservice operators, web-scale providers, submarine network operators, governments, and enterprises across multiple industry verticals. In addition to its systems and software, Ciena also offer a broad range of services that help its customers build, operate and improve their networks and associated operational environments. These include network transformation, consulting, implementation, systems integration, maintenance, network operations center (NOC) management, and optimization services. Roughly 75% of sales are to North America customers.
Recent news:

Stock Market Today: Dow Drops 450 Points; Nvidia, Palantir Sell Off (Live Coverage)

The Dow Jones index falls Friday, extending this week's losses. Super Micro Computer was a big loser on the stock market today.

Source: Investor's Business Daily Mar 20, 2026

Top Stock Reports for NVIDIA, Caterpillar & KLA

NVIDIA, Caterpillar, and KLA lead the latest Zacks research, with AI, construction demand, and semiconductor growth driving gains.

Source: Zacks Mar 20, 2026

US Stock Market Today: S&P 500 Futures Edge Higher On Mixed Housing And Jobs Data

The Morning Bull - US Market Morning Update Friday, Mar, 20 2026 US stock futures are slightly higher, with E-mini S&P 500 contracts up about 0.1%, as investors balance weak housing data against firmer signs of economic activity. New home sales dropped 17.6% in January to 587,000, while mortgage rates sit at 6.22%. This combination points to a tougher backdrop for homebuilders and housing linked plays. At the same time, the Philadelphia Fed manufacturing index climbed to 18.1 and jobless...

Source: Simply Wall St. Mar 20, 2026

Ciena’s Quantum Secure Networking Push Meets Lofty Valuation Debate

Ciena (NYSE:CIEN) and Quantum Computing Inc. showcased next generation quantum secure communications at OFC 2026. The live setup combined quantum key distribution, post quantum encryption, and quantum authentication on Ciena's Waveserver platform. The focus was on protecting data center and cloud traffic at the optical layer as AI related bandwidth needs grow. Ciena, a long time player in optical networking and cloud connectivity, is positioning its Waveserver platform around quantum safe...

Source: Simply Wall St. Mar 19, 2026

Ciena's Service Provider Revenues Rise on MOFN Tailwinds

CIEN rides MOFN demand as service provider revenues climb, with strong orders, market share gains and rising cloud partnerships fueling growth outlook.

Source: Zacks Mar 19, 2026

Zacks Investment Ideas feature highlights: Lumentum, Ciena, Sandisk, Micron and Western Digital

Lumentum leads AI-driven momentum as explosive growth and repeated rebounds highlight a strategy of buying strong uptrends on pullbacks.

Source: Zacks Mar 19, 2026

NYSE - Delayed Quote - USD
CIEN
383.89 -28.69 (-6.95%)
At close March 20 20:00 UTC
389.40 +5.51 (+1.44%)
After hours: March 20 23:55 UTC
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Financial Statistics
Valuation Measures
Current
Quarterly
As of 03/21/2026
Market Cap: 54.28 B
Enterprise Value: 54.57 B
Trailing P/E: 244.52
Forward P/E: 84.75
PEG Ratio (5yr expected): 1.60
Price/Sales (ttm): 10.88
Price/Book (mrq): 19.44
Enterprise Value/Revenue: 10.65
Enterprise Value/EBITDA: 107.19
Financial Highlights
Profitability and Income Statement
Profit Margin: 4.47%
Return on Assets (ttm): 4.58%
Return on Equity (ttm): 8.20%
Revenue (ttm): 5.12 B
Net Income Avi to Common (ttm): 229.05 M
Diluted EPS (ttm): 1.57
Balance Sheet and Cash Flow
Total Cash (mrq): 1.30 B
Total Debt/Equity (mrq): 56.93%
Levered Free Cash Flow (ttm): 699.30 M
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