YOLFTbeta
Ciena Corp

Ciena Corp

CIEN · NYSE · Technology / Communication Equipment

280.54USD-13.45 (-4.57%)

Price History

Full chart

Market Stats

Previous Close293.99
Open289.80
Day Range271.24 – 295.00
52-Week Range168.22 – 637.51
Volume2.15M
Market Cap38.61B
P/E (TTM)60.90
Forward P/E29.33
EPS4.47
Dividend Yield0.00%
Beta1.35
50-Day Avg359.78
200-Day Avg405.46

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 Platforms segment consists optical networking, routing, and switching products and services. This segment products include the 6500 Packet-Optical Platform, Waveserver modular interconnect system, the 6500 Reconfigurable Line System, and coherent pluggable transceivers; and the 3000 family of service delivery platforms and the 5000 family of service aggregation, as well as the 8100 Coherent Routing platforms and virtualization software. The Platform Software and Services segment offers navigator network control suite; and software subscription services, consulting, network migration and integration, installation and upgrade support services, and technical support solutions. The Blue Planet Automation Software and Services segment inventory management, orchestration, route optimization and analysis, and unified assurance and analytics software; and sells subscription, installation, support, consulting, and design services related to the Blue Planet automation platform. The Global Services segment provides services for advisory and enablement, implementation, and maintenance, support, and learning activities. Ciena Corporation was incorporated in 1992 and is headquartered in Fulton, Maryland.

Company Details

  • SectorTechnology
  • IndustryCommunication Equipment
  • CEOMr. Gary B. Smith
  • Employees8.90K
  • Headquarters8150 Maple Lawn Boulevard, Fulton, MD, United States, 20759, USA
  • Websitehttps://www.ciena.com

Leadership

  • Mr. Gary B. SmithCEO, President & Director · b. 1960
  • Mr. Marc D. GraffSenior VP & CFO · b. 1969
  • Mr. Jason M. PhippsSenior Vice President of Global Customer Engagement · b. 1972
  • Mr. Dino DiPernaSenior Vice President of Global Research & Development · b. 1962
  • Mr. David M. Rothenstein J.D.Senior VP, Chief Strategy Officer & Corporate Secretary · b. 1968
  • Mr. Brodie GageChief Product and Technology Officer · b. 1976
  • Mr. Gregg M. LampfVice President of Investor Relations
  • Ms. Sheela KosarajuSenior VP & Chief Legal Officer · b. 1973
  • Ms. Rebecca SmithSenior VP of Global Marketing & Communications
  • Ms. Monika FahlbuschExecutive VP & Chief People Officer

Financials

Income Statement

Currency: USD1997-10-311998-10-311999-10-312000-10-312001-10-312002-10-312003-10-312004-10-312005-10-312006-10-312007-10-312008-10-312009-10-312010-10-312011-10-312012-10-312013-10-312014-10-312015-10-312016-10-312017-10-312018-10-312019-10-312020-10-312021-10-312022-10-312023-10-312024-10-312025-10-31
Total Revenue413.20M508.10M482.10M858.75M1.60B361.15M283.14M298.71M427.26M564.06M779.77M902.45M652.63M1.24B1.74B1.83B2.08B2.29B2.45B2.60B2.80B3.09B3.57B3.53B3.62B3.63B4.39B4.01B4.77B
Growth (%)-+22.97%-5.12%+78.13%+86.69%-77.47%-21.60%+5.50%+43.04%+32.02%+38.24%+15.73%-27.68%+89.49%+40.86%+5.28%+13.56%+9.88%+6.88%+6.33%+7.73%+10.44%+15.44%-1.12%+2.51%+0.33%+20.75%-8.47%+18.79%
Cost of Revenue156.20M222.20M247.60M412.77M904.55M596.03M210.09M226.95M291.07M306.27M417.50M451.52M367.80M739.13M1.03B1.11B1.22B1.34B1.37B1.44B1.56B1.78B2.03B1.88B1.90B2.07B2.51B2.30B2.76B
Gross Profit257.00M285.90M234.50M445.98M698.68M-234.88M73.05M71.75M136.19M257.78M362.27M450.93M284.83M497.50M709.15M724.22M865.17M948.35M1.08B1.16B1.25B1.31B1.54B1.65B1.72B1.56B1.88B1.72B2.00B
Gross Margin62.20%56.27%48.64%51.93%43.58%-65.04%25.80%24.02%31.88%45.70%46.46%49.97%43.64%40.23%40.71%39.49%41.54%41.44%43.98%44.67%44.47%42.49%43.17%46.80%47.56%42.95%42.83%42.83%42.04%
Operating Expense68.00M162.00M241.40M346.62M2.44B1.25B439.57M843.87M567.85M289.15M313.60M429.05M864.06M819.32M872.34M804.07M866.95M902.65M975.12M1.01B1.03B1.08B1.20B1.17B1.23B1.30B1.49B1.53B1.69B
Operating Income189.00M123.90M-6.90M99.36M-1.74B-1.48B-366.52M-772.12M-431.66M-31.37M48.67M21.87M-579.23M-321.82M-163.19M-79.85M-1.77M45.70M100.45M156.17M214.72M229.95M346.77M486.96M495.36M257.23M384.85M191.21M310.79M
Operating Margin45.74%24.38%-1.43%11.57%-108.51%-410.96%-129.45%-258.49%-101.03%-5.56%6.24%2.42%-88.75%-26.02%-9.37%-4.35%-0.09%2.00%4.11%6.01%7.66%7.43%9.71%13.79%13.68%7.08%8.77%4.76%6.52%
EBITDA199.30M157.70M45.30M163.98M371.24M-1.13B-218.63M-550.96M-323.97M28.93M78.96M111.02M-521.71M-143.15M6.16M38.55M90.86M133.21M210.71M285.07M334.88M314.05M473.35M619.81M626.39M375.67M558.91M351.93M388.39M
EBITDA Margin48.23%31.04%9.40%19.09%23.16%-311.58%-77.22%-184.45%-75.83%5.13%10.13%12.30%-79.94%-11.58%0.35%2.10%4.36%5.82%8.62%10.96%11.95%10.15%13.25%17.55%17.30%10.34%12.74%8.77%8.14%
Net Income116.00M53.20M-3.90M81.39M-1.79B-1.60B-386.52M-789.46M-435.70M595.00K82.79M38.89M-581.15M-333.51M-195.52M-144.02M-85.43M-40.64M11.67M72.58M1.26B-344.69M253.43M361.29M500.20M152.90M254.83M83.96M123.34M
Net Income Margin28.07%10.47%-0.81%9.48%-111.90%-442.33%-136.51%-264.29%-101.98%0.11%10.62%4.31%-89.05%-26.97%-11.22%-7.85%-4.10%-1.78%0.48%2.79%45.04%-11.14%7.09%10.23%13.81%4.21%5.81%2.09%2.59%
R&D23.30M64.50M104.60M129.07M235.83M239.62M212.52M205.36M137.25M111.07M127.30M175.02M190.32M327.63M379.86M364.18M383.41M401.18M414.20M451.79M475.33M491.56M548.14M529.89M536.67M624.66M750.56M767.50M848.33M
R&D as % of Total Revenue5.64%12.69%21.70%15.03%14.71%66.35%75.06%68.75%32.12%19.69%16.32%19.39%29.16%26.49%21.81%19.86%18.41%17.53%16.94%17.37%16.97%15.89%15.34%15.00%14.82%17.20%17.11%19.12%17.79%
Interest Expense14.80M60.50M12.10M29.76M1.81B1.03B107.25M26.81M28.41M24.16M27.00M12.93M7.41M18.62M37.93M39.65M44.04M47.12M51.18M56.66M55.85M55.25M37.45M31.32M31.37M52.97M93.07M98.61M91.76M
Interest Expense % of Total Revenue3.58%11.91%2.51%3.47%112.84%285.43%37.88%8.98%6.65%4.28%3.46%1.43%1.13%1.51%2.18%2.16%2.11%2.06%2.09%2.18%1.99%1.79%1.05%0.89%0.87%1.46%2.12%2.46%1.92%

Balance Sheet

Currency: USD1997-10-311998-10-311999-10-312000-10-312001-10-312002-10-312003-10-312004-10-312005-10-312006-10-312007-10-312008-10-312009-10-312010-10-312011-10-312012-10-312013-10-312014-10-312015-10-312016-10-312017-10-312018-10-312019-10-312020-10-312021-10-312022-10-312023-10-312024-10-312025-10-31
Total Assets447.20M572.40M677.80M1.03B3.32B2.75B2.38B2.14B1.68B1.84B2.42B2.02B1.50B2.12B1.95B1.88B1.80B2.07B2.70B2.88B3.95B3.76B3.89B4.18B4.87B5.07B5.60B5.64B5.86B
Total Liabilities83.60M97.50M147.30M217.37M1.19B1.22B1.05B982.63M939.86M1.09B1.57B1.03B1.05B1.96B1.94B1.97B1.89B2.14B2.07B2.12B1.82B1.83B1.72B1.67B1.85B2.36B2.75B2.83B3.14B
Total Equity363.60M474.90M530.50M809.84M2.13B1.53B1.33B1.15B735.37M753.63M850.15M998.95M455.84M159.29M13.87M-88.97M-82.68M-69.61M620.88M766.34M2.14B1.93B2.17B2.51B3.02B2.71B2.85B2.82B2.73B
Cash263.10M227.40M143.40M143.19M397.89M377.19M309.67M202.62M372.78M220.16M892.06M550.67M485.70M688.69M541.90M642.44M346.49M586.72M790.97M777.62M640.51M745.42M904.04M1.09B1.42B994.35M1.01B934.86M1.09B
Total Debt--5.90M5.59M870.86M849.57M791.74M690.00M648.75M875.05M1.34B798.00M806.55M1.46B1.44B1.44B1.41B1.46B1.27B1.29B935.98M693.45M755.45M828.14M803.68M1.19B1.66B1.63B1.58B
Net Debt-263.10M-227.40M-137.50M-137.59M472.97M472.38M482.07M487.38M275.97M654.88M450.20M247.33M320.85M770.45M900.47M799.57M865.53M878.13M483.17M511.24M295.47M-51.97M-148.59M-260.49M-618.86M191.95M646.55M697.39M490.26M

Cash Flow

Currency: USD1997-10-311998-10-311999-10-312000-10-312001-10-312002-10-312003-10-312004-10-312005-10-312006-10-312007-10-312008-10-312009-10-312010-10-312011-10-312012-10-312013-10-312014-10-312015-10-312016-10-312017-10-312018-10-312019-10-312020-10-312021-10-312022-10-312023-10-312024-10-312025-10-31
Operating Cash Flow80.10M35.50M17.70M59.04M156.99M-25.50M-241.16M-245.44M-230.27M-79.39M108.74M117.62M7.42M-229.01M-90.48M107.09M44.68M89.82M262.11M289.52M234.88M229.26M413.14M493.65M541.65M-167.76M168.33M514.53M806.09M
Investing Cash Flow-66.60M-104.50M-149.70M-103.17M-1.49B236.61M302.55M170.71M291.66M-251.59M80.13M91.25M-74.19M-198.89M-68.57M-11.98M-130.86M-106.39M-43.13M-296.26M-61.43M-19.27M24.08M-220.24M-90.72M-101.25M-383.45M-306.48M-241.50M
Financing Cash Flow227.10M27.80M24.80M43.88M1.59B-231.80M-128.92M-32.32M-128.92M193.13M482.58M-549.57M1.11M630.20M13.20M7.94M-207.34M258.53M-8.05M-4.23M-311.05M-99.23M-278.97M-87.22M-116.83M-133.06M229.38M-285.06M-405.92M
Capital Expenditure66.60M86.40M46.80M123.95M238.54M66.33M29.54M33.00M29.54M17.76M32.10M30.00M24.11M51.21M52.37M48.10M43.81M48.22M62.11M107.19M94.60M67.62M62.58M82.67M79.55M90.82M106.20M136.64M140.80M
Free Cash Flow13.50M-50.90M-29.10M-64.91M-81.55M-91.83M-270.70M-278.43M-259.81M-97.15M76.64M87.62M-16.69M-280.22M-142.85M58.99M864.00K41.60M200.00M182.34M140.28M161.65M350.56M410.99M462.10M-258.57M62.13M377.89M665.29M
Dividends Paid-------------00000000305.13M--6.93M-498.33M--
FCF to OCF16.85%-143.38%-164.41%-109.94%-51.95%360.08%112.25%113.45%112.83%122.37%70.48%74.50%-224.94%122.36%157.87%55.09%1.93%46.32%76.30%62.98%59.72%70.51%84.85%83.25%85.31%154.14%36.91%73.44%82.53%
Dividend Paid to FCF-------------0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%188.76%--1.50%-802.01%--

Earnings

Report DateMay 22, 1997Aug 20, 1997Dec 10, 1997Feb 19, 1998May 21, 1998Sep 14, 1998Dec 10, 1998Feb 18, 1999May 20, 1999Aug 19, 1999Dec 10, 1999Feb 17, 2000May 18, 2000Aug 17, 2000Dec 7, 2000Feb 15, 2001May 17, 2001Aug 16, 2001Dec 13, 2001Feb 21, 2002May 23, 2002Aug 22, 2002Dec 12, 2002Feb 20, 2003May 22, 2003Aug 21, 2003Dec 11, 2003Feb 19, 2004May 20, 2004Aug 19, 2004Dec 9, 2004Feb 23, 2005Jun 2, 2005Sep 1, 2005Dec 8, 2005Mar 2, 2006Jun 1, 2006Aug 31, 2006Dec 14, 2006Mar 1, 2007May 31, 2007Aug 30, 2007Dec 13, 2007Mar 7, 2008Jun 5, 2008Sep 4, 2008Dec 11, 2008Mar 5, 2009Jun 4, 2009Sep 3, 2009Dec 10, 2009Mar 4, 2010Jun 9, 2010Sep 8, 2010Dec 9, 2010Mar 7, 2011Jun 8, 2011Sep 1, 2011Dec 8, 2011Mar 7, 2012May 31, 2012Aug 30, 2012Dec 13, 2012Mar 7, 2013Jun 6, 2013Sep 4, 2013Dec 12, 2013Mar 6, 2014Jun 5, 2014Sep 4, 2014Dec 11, 2014Mar 5, 2015Jun 4, 2015Sep 3, 2015Dec 10, 2015Mar 3, 2016Jun 2, 2016Sep 1, 2016Dec 8, 2016Mar 8, 2017Jun 1, 2017Aug 31, 2017Dec 7, 2017Mar 6, 2018May 31, 2018Aug 30, 2018Dec 13, 2018Mar 5, 2019Jun 6, 2019Sep 5, 2019Dec 12, 2019Mar 5, 2020Jun 4, 2020Sep 2, 2020Dec 10, 2020Mar 4, 2021Jun 9, 2021Sep 8, 2021Dec 17, 2021Mar 9, 2022Jun 8, 2022Sep 7, 2022Dec 16, 2022Mar 8, 2023Jun 7, 2023Sep 6, 2023Dec 15, 2023Mar 7, 2024Jun 6, 2024Sep 4, 2024Dec 20, 2024Mar 12, 2025Jun 5, 2025Sep 4, 2025Dec 12, 2025Mar 5, 2026Jun 4, 2026Sep 3, 2026Dec 10, 2026
EPS Estimate0.531.081.161.210.950.49-0.12-0.04-0.02-0.010.080.200.360.590.871.011.141.150.33-1.38-1.48-1.34-1.20-0.96-0.82-0.69-0.63-0.57-0.53-0.54-0.48-0.36-0.33-0.29-0.22-0.13-0.060.060.120.220.250.300.430.390.370.370.06-0.07-0.09-0.13-0.07-0.07-0.26-0.32-0.15-0.16-0.11-0.080.07-0.05-0.03-0.02-0.06-0.14-0.010.160.240.060.130.290.120.030.230.330.380.140.270.380.460.290.370.490.500.120.300.360.480.300.410.580.630.380.520.820.630.450.480.790.850.450.540.340.080.360.610.510.690.480.150.260.650.410.520.530.761.161.461.461.77
EPS Actual0.911.161.231.301.010.53-0.100.070.070.040.110.210.420.670.981.261.401.190.35-1.19-1.33-1.12-1.05-0.77-0.70-0.63-0.56-0.56-0.63-0.49-0.42-0.35-0.35-0.28-0.14-0.070.070.140.160.220.260.410.480.470.400.37-0.10-0.09-0.25-0.05-0.12-0.12-0.13-0.09-0.18-0.14-0.240.080.03-0.170.04-0.04-0.070.120.020.230.160.130.170.32-0.080.120.350.370.420.180.340.420.440.260.450.510.460.150.230.480.530.330.480.710.580.520.761.060.600.520.661.520.660.290.250.070.390.510.380.200.620.34-0.120.100.250.310.060.350.131.031.641.91-
Surprise71.70%7.41%6.03%7.44%6.32%8.16%16.67%275.00%450.00%500.00%37.50%5.00%16.67%13.56%12.64%24.75%22.81%3.48%6.06%13.77%10.14%16.42%12.50%19.79%14.63%8.70%11.11%1.75%-18.87%9.26%12.50%2.78%-6.06%3.45%36.36%46.15%216.67%133.33%33.33%0.00%4.00%36.67%11.63%20.51%8.11%0.00%-266.67%-28.57%-177.78%61.54%-71.43%-71.43%50.00%71.88%-20.00%12.50%-118.18%200.00%-57.14%-240.00%233.33%-100.00%-16.67%185.71%300.00%43.75%-33.33%116.67%30.77%10.34%-166.67%300.00%52.17%12.12%10.53%28.57%25.93%10.53%-4.35%-10.34%21.62%4.08%-8.00%25.00%-23.33%33.33%10.42%10.00%17.07%22.41%-7.94%36.84%46.15%29.27%-4.76%15.56%37.50%92.41%-22.35%-35.56%-53.70%-79.44%387.50%41.67%-37.70%-60.78%-10.14%-29.17%-180.00%-62.35%-61.54%-24.39%-88.10%-33.96%-82.89%-11.21%12.33%30.82%-
TimingPre-marketPre-marketPre-market--------------Pre-marketPre-marketPre-marketPre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursPre-marketPre-market-----------Pre-marketPre-marketPre-market--Pre-marketPre-market-Pre-marketPre-marketPre-marketPre-market

Key Statistics & Ratios

Market Cap38.61B
Enterprise Value39.26B
Trailing P/E60.90
Forward P/E29.33
PEG Ratio0.30
Price / Sales6.41
Price / Book13.92
EPS4.47
Book Value21.54
Revenue (TTM)6.02B
Gross Profit (TTM)2.65B
EBITDA1.03B
Profit Margin10.87%
Operating Margin18.08%
Return on Equity22.40%
Return on Assets7.73%
Shares Outstanding141.81M
Shares Float141.17M
Beta1.35
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Buy
Based on 21 analystsTarget 512.99
  • Strong Buy
    11
  • Buy
    5
  • Hold
    5

Ownership Breakdown

Institutions
95.98%
Insiders
0.56%
Retail / Other
3.46%

Top Institutional Holders

  • FMR Inc
    19.11M13.48%
  • BlackRock Inc
    12.72M8.97%
  • JPMorgan Chase & Co
    11.21M7.90%
  • Vanguard Capital Management, LLC
    9.23M6.51%
  • Vanguard Portfolio Management, LLC
    7.68M5.42%
  • State Street Corp
    6.68M4.71%
  • T. Rowe Price Associates, Inc.
    4.07M2.87%
  • Geode Capital Management, LLC
    3.37M2.38%
  • American Century Companies Inc
    1.85M1.31%
  • Bank of America Corp
    1.79M1.26%
  • Capital World Investors
    1.76M1.24%
  • Amvescap Plc.
    1.73M1.22%

Top Fund Holders

  • Fidelity Growth Company Fund
    5.28M3.72%
  • Vanguard MStar Total Stk Mkt Idx Invest
    4.49M3.16%
  • Vanguard 500 Index Investor
    3.72M2.62%
  • Vanguard MStar Mid Cap Index Instl
    3.03M2.14%
  • iShares Core S&P 500 ETF
    1.88M1.33%
  • Fidelity 500 Index
    1.84M1.29%
  • Vanguard MStar Growth Index Investor
    1.78M1.25%
  • State Street® SPDR® S&P 500® ETF
    1.73M1.22%

Stock Splits

  • Sep 25, 20061:7
  • Sep 19, 20002:1