pretickt

Is CIEN a good stock to buy?

Ciena Corporation · end-of-day data as of Nov 13, 2026

Ciena
CIEN · $39.78B
$280.54-4.6%
Nov 13, 2026 · close
$300$400SepOctNov9:3016:003 months -30.8%Nov 13 · close
▲ 3
  • PT$491.43 +75.2%
  • ConsensusBuy · 22
  • P/E vs own-61.2%
Neutral
  • Earnings in27d
  • P/E62.6x
  • RSI42
  • Support-18.6%
  • Resistance+13.8%
  • Off 52w high-56.0%
  • Volume0.7x
  • Bollingerlower half
  • News1.00
  • FCF yield+1.8%
  • Trendsideways
  • Sector→ -15.8%
  • 52w range$168–$638
  • ATR+9.7%
  • Off ATH-56.0%
▼ 5
  • P/E vs sector+112.8%
  • Insiders-$14.51M
  • MAs0 of 4
  • MA20×50Death 8d ago
  • MACD-0.22

Updates with the 15-min delayed price. Not a forecast or investment advice.

Is Ciena a good stock to buy?

Ciena is strong on 2 of the 5 questions about the business; weak on advantage. The price is low: 62.6 times its earnings, below its 3-year median of 87.7 (Nov 13, 2026). pretickt does not say whether to buy or sell.

  1. Demand growing
  2. Advantage easy to copy
  3. Economics profits growing
  4. Execution mixed
  5. Fragility some risks
  6. Price below its usual
DemandDo people want more of what it sells?growing

CIEN sales growth revenue growth

+10%a year, for the last 3 years

Ciena's sales grew 10% a year for 3 years, to $4.77B in fiscal 2025.

CIEN analysts' forecast revenue estimates

+35%the sales they expect next fiscal year, on the last

Analysts expect Ciena's sales to grow 35% to $6.43B in fiscal 2026 (14 analysts).

CIEN competitors

pretickt analysis+33%its sales in 12 months, on a year before

Ciena's sales grew 33% in the 12 months to Aug 1, 2026, faster than Zebra Technologies (+17%), Cisco (+16%) and Motorola Solutions (+11%), slower than Lumentum (+103%).

CIEN sales by business revenue by segment

76%of its sales from Networking Platforms

Networking Platforms brought Ciena 76% of its sales in fiscal 2024; Global Services 13%.

Advantage moatIs it hard to copy?easy to copy

CIEN margin on each sale gross margin

44%left after making the product

Ciena kept 44% of each sale after making the product in the 12 months to Aug 1, 2026; its competitors' median is 49%.

EconomicsDoes it make good money?profits growing

CIEN cash generated free cash flow

$719Mcash left after investing, last 12 months

Ciena generated $719M of free cash flow in the 12 months to Aug 1, 2026, about as much as its reported profit.

CIEN profit per share

+8%in its last fiscal year

Ciena's earnings per share grew 8% in fiscal 2025, to $0.85.

ExecutionDoes it deliver what it promises?mixed

CIEN earnings vs estimates

6 of 8quarters above the analysts' estimate

Ciena beat the analysts' profit estimate in 6 of its last 8 quarters, the latest on Sep 3, 2026.

CIEN insider selling

-$99.52Msold, net, by its executives in 12 months

Ciena's executives and directors sold a net $99.52M of shares in the 12 months to Nov 13, 2026; none bought.

CIEN number of employees

+5%more people in a year

Ciena had 9,080 employees at the end of fiscal 2025, 5% more than a year before.

CIEN CEO pay

$18.53Mfor fiscal 2025, 79% of it in stock and options

Ciena paid its CEO $18.53M for fiscal 2025, 79% of it in stock and options.

Fragility risksCould something break it?some risks

CIEN financial health Altman Z-score

6.3Altman Z-score, safe above 3

Ciena's Altman Z-score is 6.3 (Nov 13, 2026), above 3, where the safe zone starts.

CIEN biggest customers

28%of sales from its 2 biggest customers

AT&T made 28% of Ciena's sales in fiscal 2025.

CIEN shareholders institutional ownership

pretickt analysis
  • Fidelity13.5% ▼
  • Vanguard11.9% ▲
  • BlackRock9.0% ▼
1,292institutions hold it; the largest sold shares

1,292 institutions hold 94% of Ciena's shares (Jun 30, 2026); Vanguard added shares that quarter, Fidelity and BlackRock sold some.

CIEN in past recessions

pretickt analysis-28%its sales in the worst one

Ciena's sales fell in each of the last 2 US recessions, by as much as 28% in fiscal 2009.

Price valuationIs the price reasonable?below its usual

CIEN price vs profit P/E ratio

62.6×a year's earnings

Ciena's P/E ratio is 62.6 (Nov 13, 2026), below its 3-year median of 87.7.

CIEN price vs competitors

pretickt analysis62.6×a year's earnings, against its competitors

Investors pay 62.6 times Ciena's earnings (Nov 13, 2026), more than for Motorola Solutions (42.7), Zebra Technologies (26.8) or Cisco (25.5).

CIEN analysts' target price target

+75%to their average target

Analysts' average price target for Ciena is $491, 75% above the Nov 13, 2026 close of $280.54.

CIEN analyst ratings, 90 days

pretickt analysis
  • Northland Capital Marketsupgrade
  • Evercore ISI Groupupgrade
2 up, 0 downratings raised and cut

In the 90 days to Nov 13, 2026, Northland Capital Markets and Evercore ISI Group upgraded Ciena.

CIEN growth priced in fair value

pretickt analysis+21%a year, for ten years, to be worth the price

At $280.54 a share, Ciena's free cash flow must grow about 21% a year for ten years to be worth the price (Nov 13, 2026).

What is Ciena's P/E ratio?

Ciena's P/E ratio is 62.6 (Nov 13, 2026), below its 3-year median of 87.7. Investors pay 62.6 times Ciena's earnings (Nov 13, 2026), more than for Motorola Solutions (42.7), Zebra Technologies (26.8) or Cisco (25.5).

Who are Ciena's biggest competitors?

pretickt compares Ciena with Lumentum, Motorola Solutions, Zebra Technologies and Cisco. Ciena's sales grew 33% in the 12 months to Aug 1, 2026, faster than Zebra Technologies (+17%), Cisco (+16%) and Motorola Solutions (+11%), slower than Lumentum (+103%).

Are insiders selling Ciena stock?

Ciena's executives and directors sold a net $99.52M of shares in the 12 months to Nov 13, 2026; none bought.

How does Ciena make money?

Networking Platforms brought Ciena 76% of its sales in fiscal 2024; Global Services 13%.

Who owns Ciena stock?

1,292 institutions hold 94% of Ciena's shares (Jun 30, 2026); Vanguard added shares that quarter, Fidelity and BlackRock sold some.

How many employees does Ciena have?

Ciena had 9,080 employees at the end of fiscal 2025, 5% more than a year before.

Who are Ciena's biggest customers?

AT&T made 28% of Ciena's sales in fiscal 2025.

From the companies' statements (FMP), their filings read by pretickt, the analysts and the insiders, as of Nov 13, 2026. Each card says what a fact means for its question, never what to do with the stock: for information only, not investment advice.