Ciena

CIEN · NYSE · USD

$379.14Change from previous close: +7.77%Absolute change: +$27.32

Close · October 1, 2026

Valuation

Data as of October 2, 2026

Valuation multiples

Market cap
$53.77B
Enterprise value
$54.42B
P/E (trailing 12 months)
85.6
Forward P/E
32.1
PEG
0.36
Price/book
17.6
Price/sales
8.93
EV/EBITDA
53.1
EV/revenue
9.04

Profitability and growth

Gross margin
44.1%
Operating margin
18.1%
Net margin
10.9%
ROE
22.4%
ROA
7.7%
Revenue growth (year over year)
37.0%
Earnings growth (year over year)
422.9%

Financial health

Total cash
$2.63B
Total debt
$3.29B
Debt/equity
1.07
Current ratio
3.80
Quick ratio
2.90

Dividends

Payout ratio
0.0%

Analysts and estimates

Average price target
$512.99
Median price target
$536.50
High price target
$660.00
Low price target
$347.00
Analysts with a price target
20
Consensus
Buy
Forward EPS
$11.80
EPS estimate, current year
$7.17

Shares and trading

Beta
1.31
Average volume
2.26M
Shares outstanding
141.81M
Float
141.15M
Institutional ownership
95.9%
Insider ownership
0.6%
Short interest (% of float)
4.0%
Short ratio (days)
1.54