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CI

NYSE · CIEN

Ciena Corporation

Technology · Communication Equipment

$365.96

Up+$17.16 (+4.92%)

Updated Sep 22, 2026, 3:23 AM

SID Score

5.7/10

Composite research score

Smart Money

56/100

Neutral

Market cap
34.24B
P/E ratio
277.98
Dividend yield
0.00%
52-week range
$132.93 – $637.51
Volume
2.89M
Avg. volume
3.16M

Price performance

CIEN price history

1M range · 20 trading sessions · Daily adjusted prices

CIEN closed at $365.96 after 20 trading sessions, down 1.61% for the selected period.

Last close
$365.96
Period change
-1.61%
Period low
$317.46
Period high
$404.03
Daily close
View OHLC price history
CIEN OHLC price history, latest 40 sessions
DateOpenHighLowCloseVolume
Sep 21, 2026$365.05$367.62$356.46$365.962.89M
Sep 18, 2026$355.87$358.00$338.25$348.804.87M
Sep 17, 2026$350.60$375.70$341.93$344.253.77M
Sep 16, 2026$350.09$375.20$327.50$340.503.96M
Sep 15, 2026$324.44$335.97$320.50$334.332.8M
Sep 14, 2026$326.98$332.32$318.43$319.642.21M
Sep 11, 2026$336.92$355.19$336.44$349.541.98M
Sep 10, 2026$333.00$348.3999$328.3584$334.562.55M
Sep 9, 2026$341.90$348.00$337.16$338.001.81M
Sep 8, 2026$327.42$349.78$325.69$341.293.23M
Sep 4, 2026$321.67$328.845$315.73$321.003.34M
Sep 3, 2026$354.49$358.76$311.60$317.467.54M
Sep 2, 2026$357.25$359.60$348.86$354.162.87M
Sep 1, 2026$376.89$381.595$356.40$360.332.26M
Aug 31, 2026$378.44$382.94$370.77$382.801.83M
Aug 28, 2026$400.42$400.50$376.64$378.441.32M
Aug 27, 2026$411.53$418.72$395.50$399.851.21M
Aug 26, 2026$387.23$406.44$387.23$404.031.19M
Aug 25, 2026$386.33$388.73$378.935$387.661.19M
Aug 24, 2026$386.26$386.26$362.48$371.951.78M

Latest CIEN news

The latest Smart Investors Daily articles mentioning CIEN.

CIEN research

Overview

Company profile and research snapshot.

Company profile

Ciena is a telecommunications equipment provider focused on optical transport technologies, with clients in a number of industries such as communication services providers, web-scale providers, cable operators, government, and large enterprises worldwide. The company provides equipment, software, and services that support transport, switching, aggregation, service delivery, and data traffic management.

Visit company website

Analyst outlook

Consensus and target data currently published for this company.

Consensus
Average target
$197.50
Implied upside
Analysts
CIEN recent ratings
DateFirmRatingTarget
Sep 21, 2026Evercore ISI GroupOutperform
Sep 17, 2026RosenblattBuy
Sep 17, 2026Morgan StanleyEqual-Weight
Sep 17, 2026NeedhamBuy
Sep 17, 2026BarclaysOverweight
Open full forecast

News briefing

Generated Sep 21, 2026, 9:09 PM

Why Is CIEN Up Today?

Ciena Corporation surged 4.92% today following the announcement of an ambitious $14 billion revenue target by 2029, signaling strong confidence in the company's growth trajectory. The stock's gains reflect investor optimism about the company's positioning in the booming optical networking market, where demand is currently outpacing supply.

    Bottom line: Ciena's $14B revenue target by 2029 and bullish outlook on optical demand undersupply have energized investors, driving a nearly 5% gain today. While the company is well-positioned to benefit from structural market tailwinds in AI and cloud infrastructure, investors should monitor execution risks and potential margin compression from increased competition. The stock's performance hinges on sustaining optical demand growth and maintaining pricing discipline in an increasingly competitive landscape.

    Yahoo · Sep 18, 2026

    Ciena Targets $14B Revenue by 2029 as Optical Demand Outruns Supply

    Ciena (NYSE:CIEN) outlined financial objectives through fiscal 2029, including a target of approximately $14 billion in revenue, gross margins of about 50%, and operating margins of 32% to 35%, as the company expects demand for optical systems and interconnect products to continue outpacing industry

    Yahoo · Sep 17, 2026

    Ciena Stock Rises as These Numbers Leave Wall Street Pleasantly Surprised

    It’s been a difficult week for the performance of shares of optical networking companies as existential artificial-intelligence fears hit the stock market. Ciena stock rose 3% to $350.85 on Thursday. Ciena was at least partially responsible for the stock performances on Thursday as the company’s financial guidance pointed to little to no slowdown in AI demand for networking products.

    AI research layers

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