CIEN
Ciena Corp
NYSE: CIEN · TECHNOLOGY · COMMUNICATION EQUIPMENT
$581.47
-8.85% today
Updated 2026-06-05
Market cap
$88.66B
P/E ratio
399.36
P/S ratio
17.30x
EPS (TTM)
$1.57
Dividend yield
—
52W range
$71 – $638
Volume
2.5M
WallStSmart proprietary scores
52
out of 100
Grade: C
Hold
Investment rating
8.7
Growth
A6.0
Quality
B6.0
Profitability
B3.7
Valuation
D5/9
Piotroski F-Score
Moderate
1.2
Altman Z-Score
Distress
—
Industry rank
—
View all highly rated stocks (75+) →210 stocks currently score above 75
Price targets
Analyst target
$441.00
-24.16%
12-Month target
$74.41
-87.20%
Intrinsic (DCF)
—
Margin of safety
—
5 Strong Buy8 Buy6 Hold1 Sell0 Strong Sell
Price chart
Stock snapshot
Strengths
+ Free cash flow $218.65M — positive
+ Revenue growth 33.10% QoQ
Risks
- Altman Z 1.18 — distress zone
- Thin margins at 4.47%
- P/E 399.36x — expensive valuation
Key financials
Revenue Net Income Free Cash Flow
| Metric | 2022 | 2023 | 2024 | 2025 | TTM | 2026 (E) |
|---|---|---|---|---|---|---|
| Revenue | $3.63B | $4.39B | $4.01B | $4.77B | $5.12B | $6.2B |
| Net income | $152.90M | $254.83M | $83.96M | $123.34M | $218.22M | — |
| EPS | — | — | — | — | $1.57 | $6.80 |
| Free cash flow | $-258.57M | $62.13M | $377.89M | $665.29M | $218.65M | — |
| Profit margin | 4.21% | 5.81% | 2.09% | 2.59% | 4.47% | — |
Recent insider activity
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-06-01 | SMITH, GARY B | Sale | 2,952 | $565.92 |
| 2026-05-15 | SMITH, GARY B | Sale | 2,952 | $562.05 |
| 2026-05-15 | ROTHENSTEIN, DAVID M | Sale | 2,500 | $562.39 |
Peer comparison
Smart narrative
Ciena Corp trades at $581.47. representing a P/E of 399.36x trailing earnings. Our Smart Value Score of 52/100 indicates the stock is fair. The company scores 5/9 on the Piotroski F-Score. With an Altman Z-Score of 1.18, it sits in the distress. TTM revenue stands at $5.12B. with profit margins at 4.47%.
Frequently asked questions
What is Ciena Corp's stock price?
Ciena Corp (CIEN) trades at $581.47, on a P/E of 399.4x and a P/S of 17.3x. Those multiples show what the market is paying for each dollar of earnings and sales, which is the real starting point for judging whether the price is reasonable.
Is Ciena Corp overvalued?
Ciena Corp carries a Smart Value Score of 52/100 (Grade C), which we rate Hold. That score blends growth, quality, and valuation into one read.
What is the price target of Ciena Corp (CIEN)?
The 12-month analyst consensus target is $441.00, about 24.2% below the current $581.47. A consensus target is the average of Wall Street's 12-month forecasts, so it works as a sentiment gauge rather than a guarantee, and it resets with every earnings cycle.
What is the future stock price of CIEN by 2030?
Our research-backed model puts the 2030 base case at $761.89, built from revenue projections, a growth-adjusted P/S multiple, net debt, and share dilution. It is a scenario rather than a prediction, and the bull and bear cases around it matter more than the single number when you are sizing a position.
What is Ciena Corp's revenue?
Ciena Corp's trailing twelve-month revenue is $5.12B, and our model projects it reaching about $15.20B by 2030. Revenue scale anchors the valuation multiples and shows whether growth is reaching the top line, so it is best read alongside margin and growth trends to see if that revenue is getting more profitable over time.
Altman Z-Score?
Ciena Corp's Altman Z-Score is 1.18, which places it in the distress. The Altman Z-Score gauges bankruptcy risk from profitability, leverage, and asset efficiency, and a higher reading points to lower financial distress risk.
Company info
SectorTECHNOLOGY
IndustryCOMMUNICATION EQUIPMENT
CountryUSA
ExchangeNYSE
CurrencyUSD
Quick metrics
P/S ratio17.30x
ROE15.15%
Beta1.25
50D MA$509.64
200D MA$287.35
Shares out0.14B
Float0.14B
Short ratio—
Avg volume2.5M
Performance
1 week-8.85%
1 month-15.41%
3 months+44.94%
YTD+108.75%
1 year—
3 years—
5 years—