Ciena Corporation provides network hardware, software, and services that support the transport, routing, switching, aggregation, service delivery, and management of video, data, and voice traffic on communications networks worldwide. The company's Networking Platforms segment offers hardware networking products and solutions that optimized for the convergence of coherent optical transport, optical transport network switching, and packet switching. Its products include 6500 Packet-Optical Platform, 5430 Reconfigurable Switching System, Waveserver stackable interconnect system, and the 6500 Reconfigurable line system, and the 5400 family of Packet-Optical platforms, as well as Z-Series Packet-Optical Platform; 3000 family of service delivery switches and service aggregation switches, and the 5000 family of service aggregation switches, as well as 8700 Packetwave Platform and the Ethernet packet configuration for the 5410 Service Aggregation Switch; and 6500 Packet Transport System. This segment also sells operating system software and enhanced software features embedded in each of its products. The company's Blue Planet Automation Software and Services segment provides multi-domain service orchestration, inventory, route optimization and analysis, network function virtualization orchestration, analytics, and related services. Its Platform Software and Service segment offers OneControl unified management system and platform software services, as well as manage, control, and plan software. The company's Global Services segment provides consulting and network design, installation and deployment, maintenance support, and training services. The company sells its products through direct and indirect sales channels to network operators. Ciena Corporation was founded in 1992 and is headquartered in Hanover, Maryland.
IPO Year: 1997
Exchange: NYSE
Website: ciena.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 3/12/2026 | $425.00 | Buy | TD Cowen |
| 3/6/2026 | $355.00 | Neutral → Buy | BofA Securities |
| 1/20/2026 | Buy → Neutral | BofA Securities | |
| 12/12/2025 | $190.00 | Outperform → Market Perform | Northland Capital |
| 10/13/2025 | $185.00 | Neutral → Outperform | BNP Paribas Exane |
| 10/10/2025 | $140.00 | Underweight → Equal-Weight | Morgan Stanley |
| 9/26/2025 | $175.00 | Neutral → Buy | Rosenblatt |
| 9/5/2025 | $113.00 | Buy → Neutral | B. Riley Securities |
| 9/5/2025 | $90.00 → $130.00 | Buy | Needham |
| 7/8/2025 | $70.00 | Equal-Weight → Underweight | Morgan Stanley |
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TD Cowen initiated coverage of Ciena with a rating of Buy and set a new price target of $425.00
BofA Securities upgraded Ciena from Neutral to Buy and set a new price target of $355.00
BofA Securities downgraded Ciena from Buy to Neutral
Northland Capital downgraded Ciena from Outperform to Market Perform and set a new price target of $190.00
BNP Paribas Exane upgraded Ciena from Neutral to Outperform and set a new price target of $185.00
Morgan Stanley upgraded Ciena from Underweight to Equal-Weight and set a new price target of $140.00
Rosenblatt upgraded Ciena from Neutral to Buy and set a new price target of $175.00
B. Riley Securities downgraded Ciena from Buy to Neutral and set a new price target of $113.00
Needham reiterated coverage of Ciena with a rating of Buy and set a new price target of $130.00 from $90.00 previously
Morgan Stanley downgraded Ciena from Equal-Weight to Underweight and set a new price target of $70.00
Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.
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Issued on behalf of Quantum Secure Encryption Corp.VANCOUVER, BC, March 19, 2026 /CNW/ -- USANewsGroup.com News Commentary -- Think of it as a "digital heist" happening in slow motion. Bad actors are currently grabbing encrypted data with the plan to unlock it once quantum computers go mainstream. It is no longer a theoretical "maybe" scenario; it is an active operational risk. The World Economic Forum recently warned that this "harvest-now-decrypt-later" strategy is already well underway[1]. For the people running our power grids and water systems, the clock is ticking because their heavy-duty tech takes years, not months, to update[2]. This massive structural shift is opening doors for Qua
HOBOKEN, N.J., March 11, 2026 /PRNewswire/ -- Quantum Computing Inc. ("QCi" or the "Company") (NASDAQ:QUBT) an innovative, quantum optics and integrated photonics technology company, and Ciena (NASDAQ:CIEN) today announced a joint demonstration of next-generation quantum secure communications at OFC 2026 in the Corporate Village Booth #5355. The live demonstration showcases a comprehensive security architecture integrating quantum key distribution, quantum authentication, classical authentication, and high-performance AES-256-GCM optical encryption.The solution is designed to address both current cybersecurity threats and future risks posed by quantum computers running Shor's algorithm by co
Demos and speaking sessions highlight how Ciena solutions improve network performance, scalability, and readiness for AI workloads At OFC 2026, taking place March 15-19 in Los Angeles, Ciena's (NYSE:CIEN) booth (#1927) will feature innovations that redefine what's possible in modern networking across data center networks, quantum-safe communications, network automation, and AI operations (AIOps). Through technology demonstrations and speaking sessions, OFC attendees will learn how Ciena helps operators elevate network performance through cutting-edge innovations, including 1.6T coherent optics and hyper-rail photonics. Ciena will also highlight how the company is creating scalable data ce
New developments in hyper-rail photonics, 1600ZR/ZR+ pluggables, full-spectrum coherent transponders and network automation Recent introduction of Vesta 200 6.4T CPX optical engine from Nubis acquisition Continuous innovation in highly dense, high-capacity optical solutions address AI demands of hyperscale and service provider networks Ciena (NYSE:CIEN) continues to strengthen its leadership in shaping the future of networking with new innovations designed to meet surging AI-driven bandwidth demands. Including recently acquired co-packaged/near-packaged optics and electrical redriver technologies from Nubis Communications, Ciena's latest solutions support growing AI workload deman
NEW YORK, March 5, 2026 /PRNewswire/ -- Bloomberg Indices announced the following changes to the Bloomberg 500 (B500) Index effective prior to the open of trading on Thursday, March 12, 2026, to coincide with the March reconstitution of the index. The B500 contains the 500 most highly capitalized US companies weighted by float market cap, reflecting a market capitalization of $58.19 trillion. AST SpaceMobile, Inc. (ASTS UW), Bloom Energy Corporation (BE UN), Ciena Corporation (CIEN UN), Coherent Corp.S (COHR UN), EchoStar Corporation (SATS UW), Flutter Entertainment PLC (FLUT UN
Summary Fiscal first quarter 2026 revenue was $1.43 billion, up 33% year-over-year Fiscal first quarter 2026 adjusted Earnings Per Share (EPS) was $1.35, an increase of 111% compared to fiscal first quarter 2025 Providing revenue guidance of $1.5 billion plus or minus $50 million for fiscal second quarter 2026 Raising revenue guidance range for fiscal year 2026 to $5.9 billion to $6.3 billion, a 28% increase year-over-year at the midpoint Ciena® Corporation (NYSE:CIEN) today announced financial results for its fiscal first quarter ended January 31, 2026. "We delivered a very strong fiscal first quarter, driven by focused execution and unprecedented, broad-based demand as we
Vesta 200 6.4T CPX removes key barriers to co-packaged optics (CPO) adoption 200G/lane CPO ideal for leading-edge 100 and next-generation 200 Tb/s ASICs Single-wavelength solution natively enables full fan-out AI cluster interconnect networking Building on its long history as the leader in high-speed connectivity – and marking the first product introduction following its acquisition of Nubis Communications – Ciena (NYSE:CIEN) is unveiling Vesta 200 6.4T CPX, the industry's highest-density, lowest-power pluggable CPO solution. Designed to reduce power consumption by up to 70%, the solution helps hyperscalers, cloud providers, and data center operators evolve their architectures to
Blue Planet AI agents to help automate Lumen's network operations Initial use cases include device model generation and digital network twin applications AI agents support Lumen's success in building an AI-ready network Blue Planet, a division of Ciena (NYSE:CIEN), today announced that Lumen Technologies (NYSE:LUMN) is adopting the company's AI agents across its network operations to help enhance efficiency and deliver exceptional customer experiences. As part of its strategy to build the trusted network for AI, Lumen will use Blue Planet AI Studio, an operations support system (OSS)-native platform, to build, manage, and run AI agents across multiple network domains to drive fast
Issued on behalf of QSE - Quantum Secure Encryption Corp. VANCOUVER, BC, Feb. 13, 2026 /PRNewswire/ -- Equity Insider News Commentary – An estimated 75% of enterprise intrusions now involve compromised identity credentials rather than traditional vulnerability exploits, reflecting a fundamental shift toward identity-first attack methods that legacy perimeter defenses cannot address[1]. Gartner's 2026 cybersecurity trends report confirms this trajectory, naming post-quantum cryptography migration and AI agent identity governance among the six forces reshaping enterprise security this year[2]. Companies positioned across this evolving security stack include Quantum Secure Encryption Corp. (QSE
Ciena® Corporation (NYSE:CIEN), the global leader in high-speed connectivity, announced today that proxy materials are now available for its 2026 Annual Meeting of Stockholders to be held Thursday, March 26, 2026 at 3:00 p.m. Eastern Time. Event: 2026 Annual Meeting of Stockholders Date: Thursday, March 26, 2026, 3:00 p.m. ET Listen Live: An audio webcast of the meeting, accompanied by a slide presentation, will be posted at the time of the event. Stockholders of record will be able to ask questions through the virtual platform. Registration and all materials can be found at www.virtualshareholdermeeting.com/CIEN2026 Stockholder Materials: Proxy materials for the 2026 Annual Meeting
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Live finance-specific insights
Ciena® Corporation (NYSE:CIEN), the global leader in high-speed connectivity, expects to announce its fiscal first quarter financial results on Thursday, March 5, 2026 before the open of the financial markets. The press release will be available on Ciena's website at www.ciena.com. In conjunction with the announcement, Ciena will post an additional set of supporting materials to the Quarterly Results page of the Investor Relations section of its website. Ciena's management will then host a live audio web broadcast beginning at 8:30 a.m. Eastern accessible via www.ciena.com. Rebroadcast Information For those listeners unable to participate in the live web broadcast, an archived version
Ciena® Corporation (NYSE:CIEN), the global leader in high-speed connectivity, expects to announce its fiscal fourth quarter and year-end financial results on Thursday, December 11, 2025 before the open of the financial markets. The press release will be available on Ciena's website at www.ciena.com. In conjunction with the announcement, Ciena will post an additional set of supporting materials to the Quarterly Results page of the Investor Relations section of its website. Ciena's management will then host a live audio web broadcast beginning at 8:30 a.m. Eastern accessible via www.ciena.com. Rebroadcast Information For those listeners unable to participate in the live web broadcast, a
Ciena® Corporation (NYSE:CIEN), the global leader in high-speed connectivity, expects to announce its fiscal third quarter financial results on Thursday, September 4, 2025 before the open of the financial markets. The press release will be available on Ciena's website at www.ciena.com. In conjunction with the announcement, Ciena will post an additional set of supporting materials to the Quarterly Results page of the Investor Relations section of its website. Ciena's management will then host a live audio web broadcast beginning at 8:30 a.m. Eastern accessible via www.ciena.com. Rebroadcast Information For those listeners unable to participate in the live web broadcast, an archived ver
Ciena® Corporation (NYSE:CIEN), the global leader in high-speed connectivity, expects to announce its fiscal second quarter financial results on Thursday, June 5, 2025, before the open of the financial markets. The press release will be available on Ciena's website at www.ciena.com. In conjunction with the announcement, Ciena will post an additional set of supporting materials to the Quarterly Results page of the Investor Relations section of its website. Ciena's management will then host a live audio web broadcast beginning at 8:30 a.m. Eastern accessible via www.ciena.com. Rebroadcast Information For those listeners unable to participate in the live web broadcast, an archived version o
Ciena® Corporation (NYSE:CIEN) expects to announce its fiscal first quarter financial results on Tuesday, March 11, 2025 before the open of the financial markets. The press release will be available on Ciena's website at www.ciena.com. In conjunction with the announcement, Ciena will post an additional set of supporting materials to the Quarterly Results page of the Investor Relations section of its website. Ciena's management will then host a live audio web broadcast beginning at 8:30 a.m. Eastern accessible via www.ciena.com. Rebroadcast Information For those listeners unable to participate in the live web broadcast, an archived version of the conference call will be available short
Ciena® Corporation (NYSE:CIEN) expects to announce its fiscal fourth quarter and year-end financial results on Thursday, December 12, 2024 before the open of the financial markets. The press release will be available on Ciena's website at www.ciena.com. In conjunction with the announcement, Ciena will post an additional set of supporting materials to the Quarterly Results page of the Investor Relations section of its website. Ciena's management will then host a live audio web broadcast beginning at 8:30 a.m. Eastern accessible via www.ciena.com. Rebroadcast Information For those listeners unable to participate in the live web broadcast, an archived version of the conference call will
Ciena® Corporation (NYSE:CIEN) expects to announce its fiscal third quarter financial results on Wednesday, September 4, 2024 before the open of the financial markets. The press release will be available on Ciena's website at www.ciena.com. In conjunction with the announcement, Ciena will post an additional set of supporting materials to the Quarterly Results page of the Investor Relations section of its website. Ciena's management will then host a live audio web broadcast beginning at 8:30 a.m. Eastern accessible via www.ciena.com. Rebroadcast Information For those listeners unable to participate in the live web broadcast, an archived version of the conference call will be available
Ciena® Corporation (NYSE:CIEN) expects to announce its fiscal second quarter financial results on Thursday, June 6, 2024 before the open of the financial markets. The press release will be available on Ciena's website at www.ciena.com. In conjunction with the announcement, Ciena will post an additional set of supporting materials to the Quarterly Results page of the Investor Relations section of its website. Ciena's management will then host a live audio web broadcast beginning at 8:30 a.m. Eastern accessible via www.ciena.com. Rebroadcast Information For those listeners unable to participate in the live web broadcast, an archived version of the conference call will be available short
Ciena® Corporation (NYSE:CIEN) expects to announce its fiscal first quarter financial results on Thursday, March 7, 2024 before the open of the financial markets. The press release will be available on Ciena's website at www.ciena.com. In conjunction with the announcement, Ciena will post an additional set of supporting materials to the Quarterly Results page of the Investor Relations section of its website. Ciena's management will then host a live audio web broadcast beginning at 8:30 a.m. Eastern accessible via www.ciena.com. Rebroadcast Information For those listeners unable to participate in the live web broadcast, an archived version of the conference call will be available short
Ciena® Corporation (NYSE:CIEN) expects to announce its fiscal fourth quarter and year-end financial results on Thursday, December 7, 2023 before the open of the financial markets. The press release will be available on Ciena's website at www.ciena.com. In conjunction with the announcement, Ciena will post an additional set of supporting materials to the Quarterly Results page of the Investor Relations section of its website. Ciena's management will then host a live audio web broadcast beginning at 8:30 a.m. Eastern accessible via www.ciena.com. Rebroadcast Information For those listeners unable to participate in the live audio web broadcast, an archived version of the conference call
Live Leadership Updates
NEW YORK, Feb. 4, 2026 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P 500, S&P MidCap 400, S&P SmallCap 600: S&P MidCap 400 constituent Ciena Corp. (NYSE:CIEN) will replace Dayforce Inc. (NYSE:DAY) in the S&P 500, S&P SmallCap 600 constituent Arrowhead Pharmaceuticals Inc. (NASD: ARWR) will replace Ciena in the S&P MidCap 400, and ADT Inc. (NYSE:ADT) will replace Arrowhead Pharmaceuticals in the S&P SmallCap 600 effective prior to the opening of trading on Monday, February 9. Thoma Bravo L.P. acquired Dayforce in a deal that closed today.OneSpaWorld Holdings Ltd. (NASD: OSW) will replace Dynavax Technologies Corp. (NASD: DVAX) in the S&P SmallCap 600 effec
Edward Smith Appointed Chair of the Board; Steven Waszak Appointed as Independent Director Data I/O Corporation (NASDAQ:DAIO), the leading global provider of data programming and security provisioning solutions for flash, flash-memory based intelligent devices and microcontrollers, announced changes to its Board of Directors intended to strengthen its leadership as the Company focuses on market expansion. Edward Smith, who has served on the Data I/O Board of Directors since 2022, has been appointed Chair of the Board. Steven Waszak has joined the Board of Directors of Data I/O effective December 3, 2025. Sally Washlow will remain on the Board and assumes the position of independent directo
Ciena (NYSE:CIEN), the global leader in high-speed connectivity, today announced that it has entered into a definitive agreement to acquire Nubis Communications, a privately-held company headquartered in New Providence, New Jersey. The addition of Nubis, which specializes in high-performance, ultra-compact, low-power optical and electrical interconnects tailored to support AI workloads, will expand Ciena's portfolio and add critical talent to address a wider range of opportunities inside the data center. Nubis' solutions complement Ciena's existing high-speed interconnects portfolio and will enable new capabilities to support growing AI workloads by significantly increasing scale up a
Ciena® Corporation (NYSE:CIEN), the global leader in high-speed connectivity, today announced the appointment of Marc D. Graff as Senior Vice President and Chief Financial Officer (CFO) effective August 1, 2025. Reporting to President and CEO Gary B. Smith as a member of the Executive Leadership Team, he will be based at Ciena's corporate headquarters in Maryland. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250618618051/en/Ciena Appoints Marc D. Graff as Senior Vice President and Chief Financial Officer "Marc brings extensive financial expertise and industry knowledge, particularly in data center-related technologies, to Cien
Ciena® Corporation (NYSE:CIEN) announced the appointment of Lawton W. Fitt as independent Chair of Ciena's Board of Directors, effective December 11, 2024. Concurrently, Patrick H. Nettles, Ph.D., stepped down as Executive Chair, in connection with his decision not to stand for re-election at the end of his term at Ciena's 2025 Annual Meeting of Stockholders, at which time he will retire. Dr. Nettles will continue in his role as a member of Ciena's Board of Directors until that time and provide support to Ms. Fitt in her transition. Lawton W. Fitt brings significant professional experience as well as a deep familiarity with Ciena's strategy, business, and technology. She has served as a D
Ciena® Corporation (NYSE:CIEN), a networking systems, services, and software company, today announced the promotion of Dino DiPerna and Brodie Gage to its Executive Leadership Team, reporting to President and CEO Gary Smith. The leadership appointments are designed to support Ciena's continued growth through market leadership in optical technologies, increasing opportunities in IP/Optical convergence, and addressable market expansion in next-generation metro and edge applications. DiPerna becomes Ciena's Senior Vice President of Global Research & Development (R&D). In this role, he will direct the development of the company's portfolio of Converged Packet Optical, Network Control and Plan
Ciena (NYSE:CIEN) today announced that Mary G. Puma has been appointed to its Board of Directors, effective immediately. Ms. Puma previously served as President and Chief Executive Officer of Axcelis Technologies, Inc., a publicly held company engaged in the supply of capital equipment for the semiconductor chip manufacturing industry, from January 2002 to May 2023. Prior to becoming CEO of Axcelis, she served as its President and Chief Operating Officer from July 2000. In 1998, she became General Manager and Vice President of the company's predecessor, the Implant Systems Division of Eaton Corporation. Prior to joining Eaton in 1996, Ms. Puma spent 15 years in various marketing and gener
Promotes Sheela Kosaraju to Senior Vice President and General Counsel Ciena® Corporation (NYSE:CIEN), a networking systems, services and software company, today announced the appointment of David M. Rothenstein as senior vice president, chief strategy officer and corporate secretary. Rothenstein has served as Ciena's senior vice president, general counsel and corporate secretary since November 2008, and as acting chief strategy officer since March 2022. He will continue to report to President and CEO Gary Smith. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230124005396/en/David Rothenstein, Senior Vice President and Chief Str
Rebecca Smith Promoted to Senior Vice President, Global Marketing & Communications Ciena® Corporation (NYSE:CIEN), a networking systems, services and software company, today announced the appointment of Joe Cumello as Senior Vice President and General Manager of Blue Planet, a division of Ciena. Cumello has served as Ciena's Senior Vice President, Global Marketing & Communications since September 2020, and previously as Vice President, Global Marketing & Partners. He rejoined the company in 2015 through its acquisition of Cyan, where he served as Chief Marketing Officer and a member of the company's management team, which introduced Blue Planet to the industry. This press release features