NYSE · CIENTechnologyTelephone Equipment

Ciena Corporation (CIEN)

$272.24−9.28%
Close Nov 4, 2026 · split-adjusted
Nov 3, 2026$300.08▲ 58.30% in range
Nov 3, 2025Low $176.45 · High $627.00Nov 3, 2026
What changed · written from our data
As of Nov 4, 2026

Ciena closed at $272.24 on Nov 4, down 9.28%, 56.6% below its 52-week closing high. Volume of 3.9M shares was 1.24× its 20-day average (close to normal).

Split-adjusted performance: -38.6% over one month, -52.8% over six months, +43.6% over one year.

In the quarter ended Aug 1, 2026, revenue was $1.67B, up 37.0% from a year earlier, with a net margin of 15.9%.

Short interest was 4.0M shares at the Oct 15 settlement, up 3.0% from the prior report (2.8% of float, 1.2 days to cover).

Market cap$38.61B141.8M shares
Revenue · quarter$1.67B+37.0% YoY
Diluted EPS$1.83+422.9% YoY
P/E · TTM59.0×P/S 6.4×
Net margin15.9%Gross 45.4%
Dividend yieldNone
52-week range176.45 – 627.00−56.6% from high
Volume3.9M1.24× 20-day avg
Volatility · 60d88.3%Annualised
Short % of float2.8%1.2 days to cover
Net cash-$599.8MCash $2.63B
Next earnings—Not scheduled
Split-adjusted performance
1W −25.0%1M −38.6%3M −32.6%6M −52.8%YTD +16.4%1Y +43.6%3Y +563.0%5Y +407.3%

Earnings reactions

History →

No reported quarters with price history yet.

Rank within Telephone Equipment

Percentile among 8 companies (100 = best)

6-month momentum14
Revenue growth—
Net margin—
Value (low P/E)—
Size100

Industry medians: 6-month return −50.4%, revenue growth +21.2%, net margin 6.9%, P/E 25.5×.

Short interest

Details →
Shares short4.0M+3.0% vs prior
Days to cover1.2Settled Oct 15
% of float2.8%
Short vol. 10d49.3%of daily volume

Closest peers by size in Telephone Equipment

CompanyPriceToday6MRev. growthNet marginP/EMkt cap
CIENCiena$272.24−9.28%−52.8%+37.0%15.9%59.0$38.61B
FNFabrinet$341.64−5.97%−49.7%+50.7%7.0%25.5$12.24BCompare
CLFDClearfield$32.88+0.86%+8.6%+13.2%6.8%—$446.6MCompare
ADTNADTRAN Holdings$4.73−6.52%−69.9%+6.1%−3.7%—$385.4MCompare
FIEEFiEE$3.06+8.90%−51.7%—31.7%7.5$26.1MCompare
FKWLFranklin Wireless$2.12−1.40%−39.6%+21.2%−51.9%—$25.0MCompare
CLROClearOne$5.00−9.91%+53.4%———$13.4MCompare
SONMDNA X$2.57+1.98%−51.1%———$3.8MCompare

Quick answers

What does Ciena do?
Ciena is a leader in high-speed optical connectivity, providing systems, components, and automation software for telecom providers and enterprises, such as data centers, to enable long-distance connectivity. The company operates through four primary business segments: networking platforms, platform software and services, Blue Planet automation software, and global services.
What is CIEN's market cap?
$38.61B, based on the Nov 4 close of $272.24.
What is CIEN's P/E ratio?
59.0× trailing-twelve-month earnings of $654.41M.
Does Ciena pay a dividend?
No regular cash dividend has been paid in the last year.
How much of CIEN is sold short?
4.0M shares, 2.8% of float, as of Oct 15, 2026.
What sector is CIEN in?
Technology, in the Telephone Equipment industry.

About Ciena

Ciena is a leader in high-speed optical connectivity, providing systems, components, and automation software for telecom providers and enterprises, such as data centers, to enable long-distance connectivity. The company operates through four primary business segments: networking platforms, platform software and services, Blue Planet automation software, and global services. While telecom carriers remain important customers, cloud providers and hyperscalers now drive a significant portion of the business. To meet the demands of AI data centers, customers are adopting Ciena's WaveLogic 6 platform, the first to support 1.6 terabits-per-second capacity.

HQ: Hanover, MD9,080 employeesListed Feb 7, 1997ciena.com

Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology