CIEN Ciena Corporation
Trend channel, buy level and 3-month target. Information only, not financial advice.
Inside the channel · 9-month channel falling
Price is between the lines.
- 9-month channel read from
- US$293.00 – US$446.27 · falling, −11% a year
- 12-month channel
- US$341.13 – US$446.67 · rising, more than +100% a year
- Price in channel
- 18% (0% = floor, 100% = ceiling)
- Ceiling overhead
- US$446.27
- Turns bearish below
- US$293.00
What broke this trend
- The fall
- -50% from US$627.602 June 2026 → 3 Sept 2026
- Whose problem it was
- This company0 of 6 Communication Equipment peers fell with it
- Does it resolve?
- Temporary falls like it have resolved on the record
- Regained so far
- 2%of what it lost
- What the record says
- 60% of 8 comparable falls came back, typically in 86 days measured on its own peer group
Fell -50% (2 June 2026 → 3 Sept 2026); regained 2% so far; company-specific.
Reported at the time: B. Riley Securities Maintains Neutral on Ciena, Raises Price Target to $531 — 2 June 2026
Price history, with the path projected 3 months forward
Updated 10:34 PM ET (37 h ago)
- Daily close
- Upper trend line (9 months)
- Lower trend line (9 months)
- The same lines over the last 12 months
- Dashed after today: projected 3 months
- Our buy
- Our target
Suggested path
Buy now
US$320.67
last close · 30 Oct 2026
Our target
US$375.02
by 8 Nov 2026
Projected move
16.9%
gross, before costs
Last close is our buy.
Target: CIEN's usual move size.
This move size: reached in 30% of 9 past stretches, typically in 83 days. (0.14% per day)
- Upper line touches
- 2
- Lower line touches
- 2
- Fit confidence
- 63%
- Fitted
- 1 Nov 2026
Company information
About Ciena Corporation
Ciena Corporation is a global technology company focused on telecommunications infrastructure. It delivers integrated solutions – including specialized hardware, software applications, and professional services – designed to facilitate the efficient transmission, routing, switching, aggregation, delivery, and overall management of video, data, and voice traffic across communication networks worldwide. Within its Networking Platforms division, Ciena develops and supplies advanced hardware and integrated solutions. These products are specifically engineered to optimize the convergence of various optical transport methods (like coherent optical transport and optical transport network switching) with packet switching, enabling high-performance data handling. The product portfolio spans a range of packet-optical platforms (e.g., the 6500, 5400, and Z-Series), reconfigurable switching systems (such as the 5430), Waveserver interconnect systems, and dedicated switches for service delivery and aggregation (including the 3000 and 5000 families). This segment also provides the essential operating system software and advanced features embedded within its hardware offerings. Ciena's Blue Planet Automation Software and Services arm is dedicated to intelligent network automation. It offers solutions for orchestrating services across multiple network domains, maintaining precise network inventory, optimizing data routes, coordinating virtualized network functions (NFV), and delivering insightful analytics, alongside related support. The Platform Software and Services segment provides unified management platforms, exemplified by its OneControl system, as well as other software tools for comprehensive network planning, operational control, and ongoing oversight. Finally, the Global Services segment delivers end-to-end client support. This includes strategic consulting, detailed network architecture design, expert installation and deployment, ongoing maintenance, and comprehensive training programs. The company distributes its cutting-edge products and services to network operators through both direct sales forces and indirect channel partners. Established in 1992, Ciena Corporation maintains its corporate headquarters in Hanover, Maryland.
- Sector
- Technology
- Industry
- Communication Equipment
- CEO
- Gary Smith
- Employees
- 8,989
- Country
- US
Scorecard
Our own scores from the fundamentals below (not Morningstar ratings).
- Valuation
- —
- Profitability
- —
- Financial health
- —
- Cash generation
- —
Key statistics
- Market cap
- US$50.52B
- Enterprise value
- —
- Beta
- 1.31
- Avg volume
- 2.68M
- Revenue per share
- —
- Dividend yield
- —
- 52-week range
- 143-637.51
- Exchange
- NYSE
Key ratios
- P/E (TTM)
- —
- PEG
- —
- Price / sales
- —
- Price / book
- —
- EV / EBITDA
- —
- Gross margin
- —
- Operating margin
- —
- Net margin
- —
- Current ratio
- —
- Quick ratio
- —
- Debt / equity
- —
- Interest cover
- —
Income statement
Balance sheet
Cash flow
Trend lines are fitted to past swing highs and lows and may not continue. Information only, not financial advice.