Ciena Corp (CIEN US)
CIEN US$363.21
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Performance
Advanced charting functionality with the ability to amend timeframes, chart type & indicator selection, powered by TradingView.
Share price activity
Displays share price activity. Volume = number of shares traded, Turnover = value of shares traded, VWAP = volume-weighted average price for the day, sourced from Morningstar.
- Last (Price)
- 363.21
- Change
- ▲ 12.06 (3.43)
- Bid / Ask
- 363.21 - 363.47
- Volume
- 420,987
- Turnover
- 136,839,239
- Open
- 357.01
- Day Range
- 351.99 - 368.07
- VWAP
- 362.36
- Prev Close
- 351.15
- Last Trade
- 28/10 4:10pm
Key information
Displays key information on the security, sourced from Morningstar.
- Sector
- Technology
- Shares Issued
- 141,808,525
- NTA/Share
- 14.06
- Last Dividend
- —
- Dividend Ex Date
- —
- Dividend Pay Date
- —
Current (USD) · FY2025
Displays key financial data for the most recent fiscal year, in millions. Note - Per share data is in local currency terms irrespective of reporting currency, and may be different to the stated currency, sourced from Morningstar.
- Revenue
- 4,769.51
- EBITDA
- 333.37
- Profit
- 123.34
- Earnings Per Share (EPS)
- 0.85
- Dividend Per Share (DPS)
- —
- Yield %
- 0.00
- Market Cap
- 51,506.27
- Price to Earnings Ratio (P/E)
- 81.26
Estimates (USD) · FY2026
Displays consensus analyst’s estimates for key measures for the next fiscal year, sourced from Morningstar.
- Revenue
- 6,442.61
- EBITDA
- 1,215.00
- Profit
- 871.75
- Earnings Per Share (EPS)
- 6.53
- Dividend Per Share (DPS)
- 0.00
Quantitative rating
Displays Morningstar’s Quantitative Equity Research Rating for the security: a star rating from 1 (overvalued) to 5 (undervalued) from the share price against a fair value estimated by a statistical model of Morningstar’s analyst ratings, with the model’s economic moat, financial health and fair value uncertainty, sourced from Morningstar.
Overvalued
- Economic Moat
- Narrow
- Financial Health
- Moderate
- Uncertainty
- High
Morningstar Quantitative Rating as of 28 OCT 2026.
Quantitative Equity Rating Methodology – view here
Fair value estimate
Displays Morningstar’s quantitative fair value estimate for the security against the current share price, with the band around it: the five-star price below which the model would rate the stock five stars and the one-star price above which it would rate it one star, sourced from Morningstar.
Five-star price 283.35 Fair value 338.64 One-star price 404.72
Morningstar Quantitative Rating as of 28 OCT 2026.
Quantitative valuation
Displays where the share price sits in Morningstar’s quantitative fair value band, from the five-star price (undervalued) to the one-star price (overvalued), with the fair value estimate, the price to fair value ratio, the model’s valuation label and its uncertainty rating, sourced from Morningstar.
Buy
Sell
- Fair Value
- 338.64
- Price / Fair Value
- 1.07
- Valuation
- Overvalued
- Uncertainty
- High
Morningstar Quantitative Rating as of 28 OCT 2026. The slider runs from the five-star price (283.35) to the one-star price (404.72).
Displays useful ratios for the security, NB the pricing date used, sourced from Morningstar.
| Ratios |
|---|
| Currency (Price/reporting): USD/USD |
| Exchange Rate: 1.0000 |
Price, volume and trading statistics for the security, sourced from Morningstar.
| Price - closing or last bid | 363.21 |
| Price - 12 month high | 637.09 |
| Price - 12 month low | 168.32 |
| Pricing date | 27 OCT 2026 |
| Volume - avg. trading volume for the last ten days | 2.93 |
| Market capitalization | 51,506.27 |
| 12 Month High price date | 3 JUN 2026 |
| 12 Month Low price date | 21 NOV 2025 |
| Volume - avg. trading volume for the last 3 months | 2.62 |
| Price - 1 Day % Change | 3.43% |
| Price - 13 week price percent change | 3.62% |
| Price - 26 week price percent change | -23.32% |
| Price - 5 Day % Change | 0.52% |
| Price - 52 week price percent change | 98.43% |
| Price - YTD price percent change | 52.38% |
| Price % Change Month To Date | 5.53% |
Earnings, dividends, cash flow and book value per share, sourced from Morningstar.
| EPS excluding extraordinary items - most recent fiscal year | 0.850 |
| EPS excluding extraordinary items - trailing 12 month | 4.470 |
| EPS Normalized - most recent fiscal year | 2.640 |
| Revenue/share - most recent fiscal year | 32.837 |
| Revenue/share - trailing 12 month | 41.225 |
| Book value per share - most recent fiscal year | 19.349 |
| Book value per share - most recent quarter | 21.594 |
| Book value (tangible) per share - most recent fiscal year | 14.065 |
| Book value (tangible) per share - most recent quarter | 16.634 |
| Cash per share - most recent fiscal year | 7.741 |
| Cash per share - most recent quarter | 17.278 |
| Cash Flow per share - most recent fiscal year | 4.036 |
| Cash Flow per share - trailing 12 month | 8.975 |
| Dividend per share - most recent fiscal year | — |
| Dividends per share - trailing 12 month | 0.000 |
| EBITD per share - trailing 12 month | 6.211 |
| EPS Basic excluding extraordinary items - most recent fiscal year | 0.870 |
| EPS Basic excluding extraordinary items - trailing 12 month | 4.600 |
| EPS including extraordinary items - most recent fiscal year | 0.870 |
| EPS including extraordinary items - trailing 12 month | 4.600 |
| Free Cash Flow per share - trailing 12 month | 7.329 |
Valuation multiples such as P/E, price to sales, price to book and enterprise value ratios, sourced from Morningstar.
| P/E excluding extraordinary items, most recent fiscal year | 81.26 |
| P/E Normalized, most recent fiscal year | 55.78 |
| Price to sales - most recent fiscal year | 8.81 |
| Price to Tangible Book - most fiscal year | 21.84 |
| Price to Free Cash Flow per Share - most recent fiscal year | 49.55 |
| Price to Cash Flow per share - trailing 12 month | 40.47 |
| Price to Book - most recent fiscal year | 16.82 |
| P/E excluding extraordinary items high, trailing 12 months | 416.15 |
| P/E excluding extraordinary items low, trailing 12 months | 71.02 |
| Net Debt, LFI | 655.88 |
| Net Debt, LFY | 317.45 |
| Dividend Yield - 5 Year Average | — |
| Dividend Yield - indicated annual dividend divided by closing price | — |
| Current Dividend Yield - Common Stock Primary Issue, LTM | 0.00% |
Cash flow, liquidity and leverage measures, sourced from Morningstar.
| Free Cash Flow - most recent fiscal year | 275.13 |
| LT debt/equity - most recent fiscal year | 58.45% |
| Payout ratio - most recent fiscal year | — |
| Total debt/total equity - most recent fiscal year | 59.56% |
| LT debt/equity - most recent quarter | 106.93% |
| Total debt/total equity - most recent quarter | 107.50% |
| Free Cash Flow - trailing 12 month | 1,070.47 |
| Payout ratio - trailing 12 month | — |
Key income statement lines for the most recent fiscal year, in millions, sourced from Morningstar.
| Revenue - most recent fiscal year | 4,769.51 |
| Revenue - trailing 12 month | 6,020.89 |
| EBITD - most recent fiscal year | 333.37 |
| EBITD - trailing 12 month | 907.06 |
| Earnings before taxes - most recent fiscal year | 156.29 |
| Earnings before taxes - trailing 12 month | 725.65 |
| Net Income available to common - most recent fiscal year | 123.34 |
| Net Income available to common - trailing 12 months | 654.41 |
| Earnings before taxes Normalized - most recent fiscal year | 454.80 |
| Net Income Available to Common, Normalized - most recent fiscal year | 383.77 |
| Earnings per Share, Normalized, Excluding Extraordinary Items, Avg. Diluted Shares Outstanding, TTM | 6.51 |
Profitability margins for the most recent fiscal year, sourced from Morningstar.
| Net Profit Margin % - 1st historical fiscal year | 2.59% |
| Net Profit Margin % - trailing 12 month | 10.87% |
| Operating margin - 1st historical fiscal year | 6.52% |
| Operating margin - trailing 12 month | 14.12% |
| Pretax margin - trailing 12 month | 12.05% |
| Pretax margin - 1st historical fiscal year | 3.28% |
| Operating Margin - 5 year average | 8.34% |
| Pretax Margin - 5 year average | 6.29% |
| Free Operating Cash Flow/Revenue, 5 Year Average | 10.27% |
| Free Operating Cash Flow/Revenue, TTM | 17.78% |
| Net Profit Margin - 5 year average | 5.70% |
Returns on average assets and equity for the fiscal year, the trailing 12 months and as 5 year averages, and net income and revenue per employee in whole currency, sourced from Morningstar.
| Return on average assets - most recent fiscal year | 2.16% |
| Return on average assets - trailing 12 month | 10.37% |
| Return on average equity - most recent fiscal year | 4.44% |
| Return on average equity - trailing 12 month | 22.95% |
| Return on average assets - 5 year average | 4.73% |
| Return on average equity - 5 year average | 8.87% |
| Net Income/employee - most recent fiscal year | 13,861.32 |
| Revenue/employee - most recent fiscal year | 536,020.12 |
Growth in revenue, earnings, dividends and book value over recent periods, sourced from Morningstar.
| Revenue growth rate, 5 year | 6.19% |
| EPS growth rate, 5 year | -18.19% |
| Growth rate% - dividend, 3 year | — |
| Revenue/share (5 yr growth) | 7.71% |
| Growth rate% - Revenue, 3 year | 9.50% |
| Growth rate% - EPS, 3 year | -5.27% |
| Book value per share growth rate, 5 year | 3.57% |
| Capital Spending growth rate, 5 year | 11.24% |
| Earnings Before Interest, Taxes, Depreciation & Amortization, 5 Year CAGR | -11.50% |
Displays analyst’s forecasts for key measures. The estimates can be expanded to see the spread of the calls. Full lines = reported, and dotted lines are forward estimates. Click a measure to add or remove it from the chart, sourced from Morningstar.
Financial forecast (USD, millions except per share)
| Actuals | Estimates | |||||||
| 2025 | 2026 | 2027 | 2028 | |||||
| Estimate breakdown | ||||||||
Financial metrics can be plotted on the graph to see trends. Multiple metrics from multiple statements can be plotted against each other, sourced from Morningstar.
Financials (USD, millions)
| Period end: | OCT 21 | OCT 22 | OCT 23 | OCT 24 | OCT 25 |
| Fiscal year: | 2021 | 2022 | 2023 | 2024 | 2025 |
| Period length: | 12 months | 12 months | 12 months | 12 months | 12 months |
Displays all company announcements released by the company to the exchange, sourced from Morningstar.
Announcements
Announcements are available for ASX-listed companies only.
Opinion
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Action
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Business Summary
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.
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