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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.
Ciena trades on the NYSE stock market under the symbol CIEN.
As of September 16, 2026, CIEN stock price climbed to $340.50 with 3,698,261 million shares trading.
CIEN has a beta of 1.25, meaning it tends to be more sensitive to market movements. CIEN has a correlation of 0.06 to the broad based SPY ETF.
CIEN has a market cap of $47.96 billion. This is considered a Large Cap stock.
Last quarter Ciena reported $2 billion in Revenue and $2.11 earnings per share. This beat revenue expectation by $32 million and exceeded earnings estimates by $.44.
In the last 3 years, CIEN traded as high as $637.51 and as low as $39.94.
The top ETF exchange traded funds that CIEN belongs to (by Net Assets): VTI, VOO, VO, VUG, SPY.
CIEN has outperformed the market in the last year with a return of +150.6%, while the SPY ETF gained +15.2%. However, in the most recent history, CIEN shares have underperformed the stock market with its stock returning -26.5% in the last 3 month period and -5.5% for the last 2 week period, while SPY has returned +0.1% and -1.0%, respectively.
CIEN support price is $320.80 and resistance is $347.86 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that CIEN shares will trade within this expected range on the day.