Ciena Corporation (CIEN)
Technology · end-of-day data as of Oct 16, 2026
The average 12-month analyst price target for CIEN is $491.39, 47.7% above the last close of $332.73 on Oct 16, 2026; targets range from $350.87 to $625.84. Rating consensus: Buy.
Snapshot
- P/E74.3x
- P/E vs sector+122.4%
- P/E vs own-54.0%
- Target upside+47.7%
- ConsensusBuy
- Market cap$47.18B
- FCF yield+1.5%
- Insiders-$15.38M
- Earnings in55d
- News0.00
Why it moved
Ciena Corporation (CIEN) fell 6.7% on Oct 16, 2026.
The market (SPY) fell 1.1%; Technology stocks fell 3.3%. Most of the move is specific to CIEN.
0 stories on the day (30-day average 1.5).
Market = SPY. Sector = equal-weight average of the tracked companies in the same sector, net of the market.
Price and events
Last close $332.73 · +94.8% over 1y · E earnings · D dividend · S split · A analyst rating change
Technicals
- Trendsideways
- Sector▲ +1.1%
- MAs20▼ 50▼ 100▼ 200▼
- Above MAs0 of 4 above
- MA20×50Golden 2d ago
- RSI39
- Support-4.3%
- Resistance+4.9%
- Off 52w high-46.9%
- Off ATH-46.9%
- 52w range$332.73
- Bollingerlower half
- MACD-6.04
- ATR+8.2%
- Volume1.1x
Analyst price targets
14 firms with a target in the last 12 months · last close $332.73 · as of Oct 16, 2026
Strong buy 5 · Buy 11 · Hold 5 · Sell 0 · Strong sell 0
Revenue and free cash flow
Q3 FY2026: Revenue +37.0% year over year, free cash flow 7.0% of revenue, operating margin 18.0%.
| Q3 FY2026 | Aug 1, 2026 | $1.67B | 1.83 | $116M | 45.4% | 18.0% | 15.9% |
| Q2 FY2026 | May 2, 2026 | $1.57B | 1.49 | $219M | 44.0% | 15.1% | 13.9% |
| Q1 FY2026 | Jan 31, 2026 | $1.43B | 1.03 | $154M | 43.8% | 13.4% | 10.5% |
| Q4 FY2025 | Nov 1, 2025 | $1.35B | 0.13 | $230M | 42.7% | 8.8% | 1.4% |
| Q3 FY2025 | Aug 2, 2025 | $1.22B | 0.35 | $230M | 41.3% | 6.2% | 4.1% |
| Q2 FY2025 | May 3, 2025 | $1.13B | 0.06 | $128M | 40.2% | 3.1% | 0.8% |
| Q1 FY2025 | Feb 1, 2025 | $1.07B | 0.31 | $76.84M | 44.0% | 7.7% | 4.2% |
| Q4 FY2024 | Nov 2, 2024 | $1.12B | 0.25 | $266M | 40.9% | 5.3% | 3.3% |
Peers
| 20D | ||||||||
|---|---|---|---|---|---|---|---|---|
| 1 |  | $107.39 | -2.2% | -16.8% | +14.2% | 32.2 | $423B | |
| 2 |  | $463.15 | +1.5% | -5.5% | +13.2% | 36.5 | $76.64B | |
| 3 |  | $824.13 | -5.2% | -27.3% | +22.2% | — | $74.65B | |
| 4 | | $332.73 | -6.7% | -46.9% | +47.7% | 74.3 | $47.18B | |
| 5 |  | $77.89 | -2.4% | -8.2% | +23.1% | 139.1 | $46.77B | |
| 6 |  | $190.81 | -3.0% | -22.3% | +8.3% | 38.7 | $45.99B | |
| 7 |  | $232.90 | -7.1% | -45.4% | +49.8% | 56.7 | $45.87B | |
| 8 |  | $369.01 | -2.3% | -4.9% | +0.4% | 34.7 | $17.46B |
Data as of Oct 16, 2026 close.
Latest news
Sentiment classified by AI from the headline (green positive, red negative). Links open the publisher.