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CIEN

Ciena Corporation NYQ · CIEN

$378.77 +4.36 (+1.16%)
Pullback · -1.86σ Grade C
Mkt cap $53.6B
P/E 126.3
Day $375.37 – $394.56
52wk $220.52 – $637.51
Avg vol 2.7M
Beta 1.27
Div yld
Next earnings 2026-06-04

Quick read

Plain English

Ciena Corporation, a network technology company, provides hardware, software, and services for various network operators in the Americas, Europe, the Middle East, Africa, the Asia Pacific, Japan, and India.

CIEN last traded at $378.77, up 1.2% on the day; that's in the middle part of its 52-week range ($220.52–$637.51). Right now it's dipped below its recent average — a spot where watchers often look for signs the dip is stabilizing.

The next scheduled earnings report (2026-06-04) is the biggest known catalyst on the calendar, and after the recent dip, watch whether the price stops making lower lows before assuming the worst is over.

A plain-English snapshot built from the data on this page — not investment advice. Always do your own research.

Today's read

Grading desk →

KC1 lower, -1.76 ATR from EMA21 — no notable pattern

Long C
score 26 · tech 26 / 80 · support 0 / 20
KC1 lower, -1.76 ATR from EMA21 · no notable pattern
  • · KC1 lower stretch — light dip
  • · RSI hook from oversold (34)
  • · Aligned with weak uptrend
How this grade was earned
total 26 pts
Cycle position 14
Momentum 6
Market fit 6

Each bar shows how many points that factor added. The more points — and the more factors that agree — the higher the letter grade.

Short
score 24 · tech 24 / 80 · support 0 / 20
below KC1 upper, -1.76 ATR from EMA21 · shooting star
  • · Shooting star — long upper wick rejection
How this grade was earned
total 24 pts
Cycle position 6
Candle signal 15
Market fit 3

Each bar shows how many points that factor added. The more points — and the more factors that agree — the higher the letter grade.

132-Day Trend Zones

Full chart →
21 EMA +1 ATR +2 ATR −2 ATR
O H L C

Under the hood

On the latest daily bar, momentum sits mid-range (RSI 34), the trend is quiet (ADX 23), and trading is light at 0.5× normal volume. On the business side, revenue is growing 40% year over year and the business keeps about 15 cents of every sales dollar as free cash.

Latest-bar indicator readings behind the grade — display-only, they don't move the letter.

Momentum · RSI
34
0–100 · <30 oversold
Trend strength · ADX
23
>25 = strong trend
Volume vs avg
0.48×
1× = average
Stretch from avg
-1.7 ATR
− below · + above
Zone touches
0
tests of this zone
Suggested hold
3–30
bars (≈ days)
Fundamentals at a glance

Company fundamentals for context — display-only, they don't move the grade.

Revenue growth
+39.5%
year over year
Free-cash-flow margin
14.7%
cash kept per $ of sales
Debt / equity
0.55
lower = less leveraged
P/E ratio
126.8
price ÷ yearly profit

Valuation & accounting

Valuation desk →

Our cash-flow model pegs fair value near $270.81 (fair range $54–$271); today's price sits 40% above that estimate. The model's verdict is “Overvalued” and accounting quality screens as Weak. Model estimates only — do your own due diligence.

Intrinsic (DCF)
$270.81
Fair-value range
$53.82 – $270.81
Margin of safety
-40%
Verdict
Overvalued
Accounting quality Weak
  • ✓ Quick ratio 1.67 (antifragile)
  • ✓ Current ratio 2.73 (antifragile)
  • ✓ Goodwill 9% of assets (organic growth)
  • ✓ Gross margin 43% (pricing power)
  • ⚠ Debt exceeds cash
  • ⚠ Negative retained earnings

Price implies ~31% growth (vs trailing rev yoy). Model estimate — do your own due diligence.

Key statistics

All statistics →

CIEN is a $53.6 billion company, priced at 126× last year's earnings.

Mkt cap $53.6B
P/E ttm 126.3
Fwd P/E 39.3
Beta 1.27
Day range $375.37 – $394.56
52w range $220.52 – $637.51
Avg vol 2.7M
RSI(2) 20.1
ROE 15.5%
Net mgn 7.9%
FCF mgn 12.6%
Debt/Eq 0.55
Div yld
Sector Technology
Industry Communication Equipment
Next earn 2026-06-04
52-week range · today's price
$220.52$637.51

More on CIEN

Options idea

See more →
CALL $410 2026-08-21
$33.00
PUT $400 2026-08-21
$49.16

Earnings

See more →
Last reported
2026-06-04
EPS (act / est)
1.64 / 1.46
Surprise
+12.3%
Next report
2026-09-09

About

Ciena Corporation, a network technology company, provides hardware, software, and services for various network operators in the Americas, Europe, the Middle East, Africa, the Asia Pacific, Japan, and India. It operates through Networking Platforms, Platform Software and Services, Blue Planet Automation Software and Services, and Global Services segments. The Networking Platform…