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CIEN · Ciena Corp

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$428.77 -14.02 (-3.17%) At close · Aug 14
Market Cap
$60.69B
Shares
141.55M

Price & Indicators

20d MA 50d MA 200d MA Earnings Filing Insider Congress Investor day
Close$428.77 Open$441.61 Day$422.49–446.15 52W close$86.64–627.00 Avg vol 30d2.0M Short int3.7M · 2.6% float · 1.6d Short vol27% Last earningsSep 3, 2026 DataJan 2020–Aug 2026 Filing10-Q · Jun 4

Up next

Next earnings call
Sep 3, 2026 Scheduled · in 3 wks
FQ4-26 quarter ends
~Oct 31, 2026 Est
filed Jun 4, 2026

AI Brief

TL;DR.

Bullish
    Bearish

      AI-generated from the earnings call and 8-K · may contain errors · not investment advice

      Ask ALVIS about this →

      Equibles Rating

      blended score · not investment advice
      Overall
      Buy
      SellHoldBuy
      Technical Buy Momentum Very Strong Sentiment Bullish Fundamentals Excellent Quant / Vol Very High
      Market backdrop VIX 14.3 · calm Equity put/call 0.52
      Technical
      price trend
      Buy
      50 / 200-day cross No cross
      Price vs 200-day avg +18%
      above
      Price vs 50-day avg +0%
      above
      RSI (14) 54
      neutral
      MACD trend Positive
      52-week position 63%
      mid-range
      Momentum
      relative strength
      Very Strong
      1-month return +15%
      trailing
      6-month return +24%
      trailing
      YTD return +83%
      this year
      Relative strength +11%
      vs S&P · 6-mo
      Sentiment
      smart money
      Bullish
      Trend (MA cross) No cross
      50d $428 › 200d $363 — 50d above 200d
      Institutional flow Accumulating
      +11% holders QoQ · +259 funds added
      Insider flow Flat
      No net insider activity over 90 days
      Short interest Falling
      2.62% of float · ▼ -7.1% MoM · 1.6 days cover
      Volume signal Normal
      Volume near normal
      Institution breadth Multi-yr high
      1,210 holders — near 3-yr high, broad support
      Squeeze score 51
      elevated · 0–100
      Fundamentals
      Excellent
      Revenue growth +19%
      Y/Y
      Gross margin 42%
      contracting
      EPS growth +47%
      Y/Y
      Free cash flow $665.3M
      Valuation P/E 142.9
      rich
      Buyback $1.0B
      authorized
      Balance sheet $443.8M
      net debt
      Quant / Vol
      risk profile
      Very High
      Volatility 73%
      annualized · 1-yr
      Max drawdown −47%
      past year
      ATR 7.3%
      of price · 14-day

      Blended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.

      Guidance & track record

      Beat or met 2 of last 2
      Latest guidance · from the 8-K filed Jun 4, 2026
      Revenue · fiscal year 2026 $6.2B – $6.4B
      Adjusted (non-GAAP) gross margin · fiscal year 2026 Non-GAAP 44.5% – 45%
      Adjusted (non-GAAP) operating expense · fiscal year 2026 Non-GAAP $1.59B – $1.63B
      Adjusted (non-GAAP) operating margin · fiscal year 2026 Non-GAAP 18.5% – 19.5%
      Prior guidance period ended · from the 8-K filed Jun 4, 2026
      Revenue · fiscal third quarter 2026 $1.58B – $1.68B
      Adjusted (non-GAAP) gross margin · fiscal third quarter 2026 44.5% – 45.5%
      Adjusted (non-GAAP) operating expense · fiscal third quarter 2026 $400M – $420M
      Adjusted (non-GAAP) operating margin · fiscal third quarter 2026 19% – 20%
      Guided vs delivered · last 2 settled
      Revenue fiscal first quarter 2026
      guided $1.35B – $1.43B
      $1.43B In line
      Revenue Q2
      guided $850M – $930M
      $910.83M In line

      Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.

      Technicals

      trend & momentum for long-term holders Buy
      0 · 3 · 3
      50 / 200-day cross
      No cross Neutral
      Price vs 200-day avg
      +18% Bullish
      Price vs 50-day avg
      +0% Bullish
      RSI (14)
      54 Neutral
      MACD trend
      Positive Bullish
      52-week position
      63% Neutral
      Market signals — smart money & positioning
      Bullish · 3 of 6
      Trend (MA cross) No cross
      50d $428 › 200d $363 — 50d above 200d
      Institutional flow Accumulating
      +11% holders QoQ · +259 funds added
      Insider flow Flat
      No net insider activity over 90 days
      Short interest Falling
      2.62% of float · ▼ -7.1% MoM · 1.6 days cover
      Volume signal Normal
      Volume near normal
      Institution breadth Multi-yr high
      1,210 holders — near 3-yr high, broad support
      Price context
      position in its 52-week range
      Range low $87 Now $429 · 63% Range high $627
      vs 200-day avg +18% vs 50-day avg +0%

      Illustrative technical + ownership context — a signal mix, not investment advice.

      Key metrics

      the company's own KPIs, from written earnings releases and filings
      Metric Latest Period YoY
      Average days' sales outstanding (DSOs) 71 fiscal second quarter 2026
      Repurchased approximately 0.2 million shares of common stock for an aggregate price of $83.1 mil 0.2M fiscal second quarter 2026

      Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period

      Versus peers

      Communication Equipment — same industry group
      Open screener →
      Company Mkt cap YTD Rev growth Y/Y P/E Short % shares
      CIEN
      Ciena Corp
      this stock
      $60.69B +83.3% +18.8% 142.9 2.6%
      CSCO
      Cisco Systems, Inc.
      $440.18B +45.0% +2.8% 37.1 1.7%
      HPE
      Hewlett Packard Enterprise Co
      $79.21B +144.4% +13.8% 54.9 4.9%
      MSI
      Motorola Solutions, Inc.
      $77.74B +21.7% +5.7% 37.0 2.3%
      LITE
      Lumentum Holdings Inc.
      $72.55B +151.3% +24.6% 168.3 11.0%

      Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding

      At a glance

      key data from every section
      Ownership
      Institutional Holders Accumulating
      Holders
      1,210
      % held
      97.8%
      Net QoQ
      +210.7K sh
      Top holder
      FMR LLC
      Held Float
      View
      Held by Funds
      Fund positions
      1,157
      View
      Short & Settlement
      Short Interest Falling
      Shares short
      3.7M
      Days to cover
      1.6d
      Change
      -282.1K sh
      View
      Short Volume
      Short vol %
      27%
      As of
      Aug 14, 2026
      Short Total
      View
      Fails to Deliver
      FTD shares
      5
      Value
      $2.2K
      As of
      Jul 9, 2026
      View
      Off-Exchange
      Off-exchange %
      48.8%
      Week of
      Jul 6, 2026
      Off-exch Lit
      View
      Smart Money
      Congressional Trades Buy
      Member
      Gilbert Cisneros
      Amount
      $1.0K–$15.0K
      Traded
      May 29, 2026
      View
      Financials
      Financials
      Revenue (FY)
      $4.8B
      Net income (FY)
      $123.3M
      EPS diluted
      $0.85
      View
      Buybacks
      Authorized
      $1.0B
      View
      Filings
      SEC Filings
      Latest
      8-K
      Filed
      Jun 11, 2026
      This year
      8
      View
      Proposed Sales
      Value
      $2.2M
      Shares
      5.0K
      Filed
      Aug 14, 2026
      View
      Earnings & Events
      Earnings Calls Upcoming
      Next call
      Sep 3, 2026
      Last call
      Jun 4, 2026
      View
      Investor Relations
      Latest news
      Ciena Announces Reporting Date an…
      Published
      Aug 6, 2026
      Upcoming events
      1
      View

      Performance

      5D 20D 120D MTD YTD
      CIEN +4.0% +14.5% +24.3% +13.7% +83.3%
      SPY +0.4% +4.5% +13.8% +3.9% +13.9%
      vs SPY +3.6% +10.1% +10.6% +9.8% +69.5%

      Capital returns

      Buyback program · as of Jun 4, 2026
      Authorized
      $1.00B
      Spent (derived)
      Remaining

      Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.

      Key facts CIK 936395 CUSIP 171779309 13F (30d) 1104 filings 1097 filers Visit website Investor relations