Ciena Corp.

NYSE · CIEN
320.72−28.73−8.22%as of Oct 30, 2026

We are a network technology company, providing hardware, software, and services to a wide range of network operators and enabling enhanced network capacity, service delivery, and automation. Our solutions support network traffic across a wide range of applications, including cloud, voice, video, data, and artificial intelligence (“AI”). Our network solutions are used globally by cloud providers, service providers, and other network operators across multiple industry verticals. Our Networking Platforms, including our Optical Networking portfolio and Routing and Switching portfolio, are solutions applied from the network core to end user access points and allow network operators to scale capacity, increase transmission speeds, allocate traffic efficiently, and adapt dynamically to changing end-user service demands. Complementing our Networking Platforms, we offer Platform Software, which delivers multi-layer domain control and operations for network operators, and Blue Planet® Automation Software, which enables service lifecycle management automation with productized operational support systems (“OSS”) across domains and vendors. In addition to our hardware and software, we offer a b

From the 10-K filed Dec 12, 2025

CEO
Mr. Gary B. Smith
Sector
Technology
Industry
Communication Equipment
Employees
8,898
Headquarters
Fulton, MD
Fiscal year end
November
1 year+131.77 (+69.73%)
CIEN+69.73%
$200$300$400$500$600
$320.73
40MVol
Oct '25Jan '26Mar '26Jun '26Aug '26Oct '26
FundalyzePowered by fundalyze.ai
168.22637.51

as of Oct 22, 2026 · today 320.72, 32% of the way from low to high

No dividends on record.

A company that pays none, or whose history has not arrived yet, shows nothing here.

Valuation

Market cap$45.51Bas of Oct 22, 2026
P/E69.5×TTM · Q4 2025 – Q3 2026
P/S7.6×TTM · Q4 2025 – Q3 2026
P/B14.9×Q3 2026
Dividend yield—no dividends on record

Results, trailing twelve months

Revenue$6.02BTTM · Q4 2025 – Q3 2026
Net income$654.41MTTM · Q4 2025 – Q3 2026
Diluted EPS$4.48TTM · Q4 2025 – Q3 2026
Gross margin44.1%TTM · Q4 2025 – Q3 2026

Balance and cash

Enterprise value$46.11Bas of Oct 22, 2026
Long-term debt$3.23BQ3 2026
Free cash flow$814.36MTTM · Q4 2025 – Q3 2026
Stock-based comp.$212.01MTTM · Q4 2025 – Q3 2026

Shares and market

Shares outstanding141.90Mas of Oct 30, 2026
Average volume2.81Mshares a day, last 3 months
Beta1.289

Financial statements

Total revenue +18.8% $4.01B → $4.77B, year ended Nov 1, 2025

Comps

Valuation, growth and margins against the closest competitors

Filings

10-K filed Dec 12, 2025 · 10-Q Sep 3, 2026

FilingFiled
10-Q for Quarter Ended August 2026Sep 3, 2026
10-Q for Quarter Ended May 2026Jun 4, 2026
10-Q for Quarter Ended January 2026Mar 5, 2026
10-K for Fiscal Year Ended November 2025Dec 12, 2025

Insiders

$101.36M sold open market, 12 months to Oct 15, 2026

InsiderTypeValue
David M RothensteinOct 15, 2026Sale$870.16K ↗
Dino DipernaOct 15, 2026Sale$153.12K ↗
Dino DipernaOct 15, 2026Sale$155.75K ↗
Gary B SmithOct 15, 2026Sale$1.03M ↗

Funds (13F)

93.8% held by 1,198 managers · as of Sep 30, 2026

ManagerValueChange
FMR LLC$9.38B−2.10M (−9.9%)
BlackRock, Inc.$6.24B−655.29K (−4.9%)
JPMORGAN CHASE & CO$5.37B+979.56K (+9.6%)
VANGUARD CAPITAL MANAGEMENT LLC$4.53B+64.45K (+0.7%)
VANGUARD PORTFOLIO MANAGEMENT LLC$3.77B+311.54K (+4.2%)

Congress

10 trades 3 sales · 7 purchases · 3 members, 12 months

MemberTypeAmount
Ro KhannaSep 25, 2026Sale$1K–$15K
Ro KhannaSep 11, 2026Sale$1K–$15K
Ro KhannaAug 3, 2026Sale$1K–$15K
Ro KhannaJun 30, 2026Purchase$1K–$15K

Short interest

2.82% of float · 1.16 days to cover · Oct 15, 2026

Short position, last two years · 24% of its 2-year range

Source: FINRA

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Company data reported to the SEC on EDGAR (CIK 936395).

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