View Past PerformanceCiena バランスシートの健全性財務の健全性 基準チェック /56Cienaの総株主資本は$2.8B 、総負債は$1.5Bで、負債比率は55.1%となります。総資産と総負債はそれぞれ$5.9Bと$3.1Bです。 Cienaの EBIT は$419.8Mで、利息カバレッジ比率13.1です。現金および短期投資は$1.3Bです。主要情報55.06%負債資本比率US$1.54b負債インタレスト・カバレッジ・レシオ13.1x現金US$1.30bエクイティUS$2.79b負債合計US$3.10b総資産US$5.89b財務の健全性に関する最新情報更新なしすべての更新を表示Recent updatesお知らせ • May 07Ciena Corporation to Report Q2, 2026 Results on Jun 04, 2026Ciena Corporation announced that they will report Q2, 2026 results Pre-Market on Jun 04, 2026お知らせ • Mar 11Quantum Computing Inc. and Ciena Announces Joint Demonstration of Next-Generation Quantum Secure Communications At OFC 2026Quantum Computing Inc. and Ciena 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 combining optical-layer encryption with quantum-secure and post-quantum cryptographic techniques. The demonstration showcases how Ciena's Waveserver platform protects critical data at scale with optical AES-256-GCM encryption scaling up to 1.6 Tb/s that supports NIST-certified post-quantum cryptography algorithms and seamless third-party QKD system interworking using an ETSI-standard API. QCi's system features a time-frequency entanglement-based QKD architecture using telecom-band photons for enhanced deployment stability. The solution can be augmented with Quantum Identity Authentication using Quantum Zero Knowledge Proof (QZEK-P), a hardware-based implementation of QCi's proprietary technology recognized with the 2023 Edison Patent Award. The demonstration will be held in the Corporate Village at Booth #5355 and will require prior approval for viewing.New Risk • Mar 11New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of British stocks, typically moving 11% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (11% average weekly change). Minor Risks Large one-off items impacting financial results. Significant insider selling over the past 3 months (US$2.3m sold).お知らせ • Mar 10+ 1 more updateCiena Brings AI Networking Expertise to OFC 2026Ciena Corporation announced that At OFC 2026, taking place March 15–19 in Los Angeles,) will showcase a range of innovations at booth #1927 that redefine modern networking across data center infrastructure, quantum-safe communications, network automation, and AI-driven operations (AIOps). Through live technology demonstrations and speaking sessions, attendees will see how Ciena helps network operators enhance performance using advanced innovations such as 1.6T coherent optics and Hyper-Rail photonics. The company will also highlight how it is building scalable data center architectures designed to support scale up, scale out, and scale across models through next-generation optical and electrical interconnect technologies. Demonstrations will include optical innovations such as Programmable Photonics with the 6500 Reconfigurable Line System (RLS) supporting scalable metro and edge connectivity,Waveserver platform advancements featuring the industry’s first WaveLogic 6 Extreme (WL6e) 1.6T quantum-safe encryption, and the compact Waveserver E-Series (E10, E200, and E400) platforms designed for efficient edge service delivery. Ciena will also demonstrate Full Spectrum Transponders (FST) for evolving networks toward full-fiber deployments to support massive AI-driven capacity demands. In the data center domain, the company will present innovations in coherent pluggable transceivers, including WaveLogic 6 Nano (WL6n) 800G PKT-MAX, as well as solutions for scale-up and scale-out interconnects such as the Nitro 2004 copper cable extender, Vesta co-packaged optics, and next-generation liquid cooling for 3.2T+ transceiver. Routing and switching demonstrations will feature Data Center Out-of-Band Management (DCOM) with ORv3 (Canopy) and ORv2 chassis, IP-Optical convergence with WaveRouter WL6e 1.6T sleds, and the 5131 Coherent Access Platform for intelligent access-to-edge networking. In network management, Ciena will showcase the Network Control Suite, highlighting AI-assisted troubleshooting, Network Digital Twin for route validation, and Automated Deployment Optimizer to accelerate optical network deployment across submarine and terrestrial infrastructures. At the Optical Internetworking Forum booth (#2017), Ciena will also participate in interoperability demonstrations supporting 800ZR, OpenROADM 800G, 400ZR, OpenZR+, Multi-Span Optics, and CMIS, using technologies including the 8192 coherent route*, WL6n 800G, WaveLogic 5 Nano (WL5n) 400G, RLS C&L-band photonic line system, and Navigator NCS, while contributing to 448Gb/s PAM4 and PAM6 multivendor electrical I/O demonstrations. Additionally, in the Quantum Secure Communications Village (Meeting Room #5355, Ciena will present how operators can protect in-flight data in the quantum era using 1.6Tb/s quantum-secured optical channels powered by Waveserver’s AES-256-GCM wire-speed encryption integrated with Quantum Computing Inc. time-frequency entanglement-based Quantum Key Distribution (QKD) and preview new protection capabilities enabled by Quantum Identity Authentication (QIA). systems.Reported Earnings • Mar 06First quarter 2026 earnings released: EPS: US$1.06 (vs US$0.31 in 1Q 2025)First quarter 2026 results: EPS: US$1.06 (up from US$0.31 in 1Q 2025). Revenue: US$1.43b (up 33% from 1Q 2025). Net income: US$150.3m (up 237% from 1Q 2025). Profit margin: 11% (up from 4.2% in 1Q 2025). Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Communications industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 79% per year, which means it is well ahead of earnings.お知らせ • Mar 06Ciena Corporation Raised Earnings Guidance for the Fiscal Year 2026Ciena Corporation raised earnings guidance for the fiscal year 2026. For the period, the company expects revenue in the range of $5.9 billion to $6.3 billion.お知らせ • Mar 05Ciena Corporation Provides Earnings Guidance for the Second Quarter 2026Ciena Corporation provided earnings guidance for the second quarter 2026. For the period, the company expects Revenue in the range of $1.5 billion plus or minus $50 million.お知らせ • Feb 25Ciena Unveils Vesta 200 6.4T CPX Pluggable Optical Engine to Meet Data Center AI DemandsCiena announced that it 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 reliably address AI workloadsin both scale-out networks as well as next generation scale-up networks. Vesta 200 6.4T CPX provides more power-efficient optical interconnect and delivers the chip-edge density required for massive scale-up and scale-out networks on 200G/lane switches, XPUs, and NICs. Key features include: Ultra-high density: Achieves highest density pluggable CPO through Ciena’s internally developed co-optimized design, combined with unique 2D fiber interconnect technology. This enables compatibility with the smallest co-packaged copper connectors such as Samtec’s CPX and supports high-performance 200G/lane deployments in space-constrained NICs, XPU servers, and leading-edge 100T and next-generation 200T switches. Power reduction: Features retimer-free linear-drive operation, supporting a robust electrical loss budget of up to 20 dB from the host ASIC, enabling more flexible CPO architectures and saving up to 70% power versus traditional, retimed options. Superior reliability: Designed with ultra-high availability in mind, from high volume external light source to internally developed SiGe drivers and TIAs co-optimized with temperature-stable silicon photonics Mach-Zehnder–based transmitters, and high density standard CPX compression-free electrical connectors. New optical networking ecosystem: Provides access to an open, standards-based CPO ecosystem featuring a pluggable, CPX electrical interconnect and an IEEE802.3dj compliant optical interface enabling a flexible and diverse supply chain by promoting interoperability across multiple ASIC, optical, and electrical interconnect vendors.お知らせ • Feb 13Ciena Corporation, Annual General Meeting, Mar 26, 2026Ciena Corporation, Annual General Meeting, Mar 26, 2026.お知らせ • Feb 07Ciena Corporation(NYSE:CIEN) dropped from Russell Small Cap Comp Value IndexCiena Corporation(NYSE:CIEN) dropped from Russell Small Cap Comp Value Indexお知らせ • Feb 05Ciena Corporation to Report Q1, 2026 Results on Mar 05, 2026Ciena Corporation announced that they will report Q1, 2026 results Pre-Market on Mar 05, 2026Recent Insider Transactions • Dec 18Insider recently sold US$1.9m worth of stockOn the 15th of December, Thomas Nevens sold around 9k shares on-market at roughly US$225 per share. This transaction amounted to 60% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$4.7m more than they bought in the last 12 months.Reported Earnings • Dec 13Full year 2025 earnings released: EPS: US$0.87 (vs US$0.58 in FY 2024)Full year 2025 results: EPS: US$0.87 (up from US$0.58 in FY 2024). Revenue: US$4.77b (up 19% from FY 2024). Net income: US$123.3m (up 47% from FY 2024). Profit margin: 2.6% (up from 2.1% in FY 2024). Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Communications industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has increased by 67% per year, which means it is well ahead of earnings.お知らせ • Dec 11Ciena Corporation Provides Earnings Guidance for the First Quarter and Full Fiscal Year 2026Ciena Corporation provided earnings guidance for the first quarter and full fiscal year 2026. For the quarter, the company expects revenue in the range of $1.35 billion to $1.43 billion. For the full year, the company expects Revenue in the range of $5.7 billion to $6.1 billion.お知らせ • Nov 13Ciena Corporation to Report Q4, 2025 Results on Dec 11, 2025Ciena Corporation announced that they will report Q4, 2025 results Pre-Market on Dec 11, 2025Recent Insider Transactions • Sep 27Independent Director recently sold US$1.2m worth of stockOn the 24th of September, Bruce Claflin sold around 8k shares on-market at roughly US$140 per share. This transaction amounted to 43% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$2.8m more than they bought in the last 12 months.お知らせ • Sep 22Ciena Corporation (NYSE:CIEN) entered into a definitive agreement to acquire Nubis Communications, Inc. from a group of shareholders for $270 million.Ciena Corporation (NYSE:CIEN) entered into a definitive agreement to acquire Nubis Communications, Inc. from a group of shareholders for $270 million on September 22, 2025. Under the terms of the agreement, Ciena will acquire Nubis in an all-cash transaction for $270 million, subject to a customary purchase price adjustment mechanism for the amount of cash, debt, and net working capital of Nubis at closing, among other items. In addition, Ciena will enter into certain employee retention arrangements in connection with the transaction. The transaction has been approved by the boards of directors of both companies as well as Nubis’ shareholders. The transaction is expected to close during Ciena’s fiscal fourth quarter 2025 and is subject to customary closing conditions.Reported Earnings • Sep 05Third quarter 2025 earnings released: EPS: US$0.35 (vs US$0.099 in 3Q 2024)Third quarter 2025 results: EPS: US$0.35 (up from US$0.099 in 3Q 2024). Revenue: US$1.22b (up 29% from 3Q 2024). Net income: US$50.3m (up 254% from 3Q 2024). Profit margin: 4.1% (up from 1.5% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Communications industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has increased by 38% per year, which means it is well ahead of earnings.Buy Or Sell Opportunity • Sep 05Now 36% overvalued after recent price riseOver the last 90 days, the stock has risen 55% to US$112. The fair value is estimated to be US$82.52, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.7% over the last 3 years. Earnings per share has declined by 33%. For the next 3 years, revenue is forecast to grow by 12% per annum. Earnings are also forecast to grow by 37% per annum over the same time period.New Risk • Sep 04New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of British stocks, typically moving 8.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (8.5% average weekly change). Profit margins are more than 30% lower than last year (2.5% net profit margin).お知らせ • Sep 04Ciena Corporation Provides Earnings Guidance for the Fourth Quarter 2025Ciena Corporation provided earnings guidance for the Fourth quarter 2025. For the period, The company expects to deliver revenue in a range of $1.24 billion to $1.32 billion.Buy Or Sell Opportunity • Aug 20Now 21% undervaluedOver the last 90 days, the stock has risen 7.1% to US$86.61. The fair value is estimated to be US$109, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.7% over the last 3 years. Earnings per share has declined by 33%. For the next 3 years, revenue is forecast to grow by 9.2% per annum. Earnings are also forecast to grow by 36% per annum over the same time period.お知らせ • Aug 06Ciena Corporation to Report Q3, 2025 Results on Sep 04, 2025Ciena Corporation announced that they will report Q3, 2025 results Pre-Market on Sep 04, 2025Buy Or Sell Opportunity • Aug 01Now 22% undervaluedOver the last 90 days, the stock has risen 22% to US$89.15. The fair value is estimated to be US$114, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.7% over the last 3 years. Earnings per share has declined by 33%. For the next 3 years, revenue is forecast to grow by 9.2% per annum. Earnings are also forecast to grow by 36% per annum over the same time period.お知らせ • Jun 18+ 1 more updateCiena Corporation Appoints Marc D. Graff as Chief Financial Officer, Effective August 1, 2025Ciena Corporation announced the appointment of Marc D. Graff as 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. Mr. Graff has nearly 30 years of global finance experience in financial planning and analysis (FP&A), tax and trade matters, and accounting, including more than nine years in Asia. Before joining Ciena, he served as Senior Vice President and CFO at Altera Corporation, where he was instrumental in executing the majority sale of Altera from Intel Corporation. Prior to Altera, Mr. Graff served as CFO and Chief Operating Officer for Intel’s Data Center and Artificial Intelligence Group, and previously held other executive finance roles across various manufacturing and business units at Intel. Mr. Graff holds a Bachelor of Science in finance and economics from the University of Colorado and a Master of Business Administration from the University of Michigan. Ciena previously announced the retirement of James E. Moylan, Jr. CFO, effective August 28, 2025. Until that time, Mr. Moylan will assist in the transition of his responsibilities to Mr. Graff.Buy Or Sell Opportunity • Jun 06Now 30% undervaluedOver the last 90 days, the stock has risen 11% to US$72.62. The fair value is estimated to be US$104, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.7% over the last 3 years. Earnings per share has declined by 33%. Revenue is forecast to grow by 21% in 2 years. Earnings are forecast to grow by 243% in the next 2 years.お知らせ • May 07Ciena Corporation to Report Q2, 2025 Results on Jun 05, 2025Ciena Corporation announced that they will report Q2, 2025 results Pre-Market on Jun 05, 2025お知らせ • May 06Windstream Wholesale and Ciena Complete WL6e Trial to Advance 800G Service AdoptionWindstream Wholesale announced the successful completion of a industry-first trial of Ciena's WaveLogic 6 Extreme (WL6e) 2x1.2Tb with 3x800G Wave services. This milestone, achieved in collaboration with Ciena, represents a significant leap forward in optical network innovation. The trial took place over a 1,590-kilometer route from Virginia Beach to Jacksonville, Fla., utilizing Ciena's Reconfigurable Line System (RLS) deployed on Windstream Wholesale's unique high-capacity Beach Route. Windstream Wholesale is the first in the industry to trial 3x 800G services over mated WL6e wavelengths. This pioneering initiative showcased the ultra-long-haul and high client-side bandwidth capabilities of Ciena's WL6e technology to support multiple 800G Wave services beyond 1,590 kilometers without regeneration, offering transformative benefits for ultra-long-haul applications. This technological advancement is poised to meet the requirements of forthcoming multiple 800G service demands, on top of the existing large demands for Nx400G services. The successful deployment of Ciena's W L6e technology promises several advantages for Windstream Wholesale's customers, including enhanced connectivity solutions with greater scalability, flexibility, and reliability. This innovation is particularly beneficial for high-bandwidth applications, supporting emerging business needs and driving future sales of Nx800G services. Windstream Wholesale plans to begin selling 800G Wave services in the second half of 2025 over its Intelligent Converged Optical Network backbone.お知らせ • Apr 16Windstream Wholesale and Ciena Boost 400G Network Capacity in the SoutheastWindstream Wholesale announce a significant infrastructure enhancement and network overbuild between Houston, Texas, and Tallahassee, Fla. Utilizing cutting-edge Ciena this collaboration promises to deliver increased capacity, enhanced service capabilities, and improved network efficiency. This also enables Windstream Wholesale to offer 400G services over diverse routes to customers as well as future 800G services along this unique Gulf route. Windstream Wholesale is already taking service orders for this network expansion, which is designed to meet the surging demand for high-speed, reliable connectivity. By enabling 400G service, this project not only offers diverse routes between Texas and the Southeast but also enables Windstream Wholesale to support a growing customer base with robust, future-ready connectivity options. As Texas experiences explosive growth in AI technologies, their enhanced infrastructure is strategically equipped to support the increasing bandwidth demands of AI-driven innovations across the region. This project allows Windstream Wholesale to better accommodate diverse customer needs and strengthen service resilience. The integration of in-line Optical Time-Domain Reflectometer (OTDR) monitoring capabilities in Ciena’s Reconfigurable Line System (RLS) allows for quicker resolution of network issues, reducing downtime and improving the Windstream Wholesale commitment to service quality. This overbuild represents a strategic investment in Windstream Wholesale’s infrastructure, reflecting commitment to innovation and excellence in network solutions. The use of Ciena’s RLS provides the ability for Windstream Wholesale to gain the greatest operational efficiencies and cost effectiveness along this route. This long-term commitment to enhancing network will mean fewer required regeneration points (regens) along the route. This efficiency will create a better cost structure and therefore competitive rates for services. In addition, Ciena’s RLS allows Windstream Wholesale to provision express locations remotely integrating multiple ROADM segments, which reduces provisioning time and minimizes truck rolls. By expanding capacity and enhancing service capabilities, Windstream Wholesale can provide top-tier networking solutions for enterprise and wholesale customers.お知らせ • Mar 26Ciena Brings Data Center Connectivity Innovations to OFC 2025At OFC 2025, occurring March 30 to April 3 in San Francisco, Ciena will showcase in booth #2443 industry-first coherent optical and IMDD technologies that bring new levels of scalability and flexibility to data center designs. A recent Ciena global survey found that data center experts anticipate at least a sixfold increase in DCI bandwidth demand over the next five years, requiring new levels of scalability. To address this challenge, Ciena, the established leader in high-speed optical innovation, is bringing its expertise to high-performance interconnects--the pluggables and components required to support growth in cloud and AI traffic. Ciena will break new ground with the following live demonstrations of industry-first technologies: 1.6T Coherent-Lite: Featuring Ciena's 224G SerDes, 1.6T Coherent -Lite provides robustness and a higher loss budget at a comparable power consumption to IMDD, supporting the scale and flexibility needed for data center and campus applications. Paving the way to 3.2T interconnects: Only Ciena has 448Gb/s PAM4 working in silicon, powered by Ciena's ultra-high-bandwidth DAC (digital-to-analog) and ADC (analog-to-digital) converters implemented in low-power 3nm CMOS. Electrical PAM4 transmission will be shown in OIF booth #5745, and optical PAM4IMDD transmission will be demonstrated in Ciena's booth. OIF Unites Interoperability and Innovation at OFC 2025: Driving Industry Progress in Performance, Efficiency and capacity for Future-Oriented Data Centers. OIF continues to lead the charge in advancing interoperability, with 35 member companies at OFC 2025 showcasing innovative solutions that redefine performance, efficiency and capacity. The work being demonstrated--including 800ZR, 400ZR+, Multi-span optics, EEI & Co-Packaging, Common Electrical I/O (CEI) CEI-448G, CEI-224G & CEI-112G and CMIS--is collectively enabling the industry to move forward toward future-oriented data centers andaying the foundation for hyperscalers to scale AI networks seamlessly. Visit OIF at booth #5745 to experience these solutions live.Reported Earnings • Mar 12First quarter 2025 earnings released: EPS: US$0.31 (vs US$0.34 in 1Q 2024)First quarter 2025 results: EPS: US$0.31 (down from US$0.34 in 1Q 2024). Revenue: US$1.07b (up 3.3% from 1Q 2024). Net income: US$44.6m (down 10.0% from 1Q 2024). Profit margin: 4.2% (down from 4.8% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 9.2% p.a. on average during the next 3 years, compared to a 6.1% growth forecast for the Communications industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings.New Risk • Mar 08New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of British stocks, typically moving 10% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (10% average weekly change). Minor Risks Profit margins are more than 30% lower than last year (2.1% net profit margin). Significant insider selling over the past 3 months (US$1.6m sold).お知らせ • Feb 14Ciena Corporation, Annual General Meeting, Mar 27, 2025Ciena Corporation, Annual General Meeting, Mar 27, 2025.Buy Or Sell Opportunity • Feb 13Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 33% to US$89.89. The fair value is estimated to be US$74.16, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 5.0% over the last 3 years. Earnings per share has declined by 42%. Revenue is forecast to grow by 20% in 2 years. Earnings are forecast to grow by 262% in the next 2 years.お知らせ • Feb 11Ciena Corporation to Report Q1, 2025 Results on Mar 11, 2025Ciena Corporation announced that they will report Q1, 2025 results Pre-Market on Mar 11, 2025New Risk • Jan 27New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of British stocks, typically moving 9.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (9.2% average weekly change). Profit margins are more than 30% lower than last year (2.1% net profit margin). Significant insider selling over the past 3 months (US$1.6m sold).Buy Or Sell Opportunity • Jan 23Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 56% to US$100. The fair value is estimated to be US$82.63, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 5.0% over the last 3 years. Earnings per share has declined by 42%. Revenue is forecast to grow by 20% in 2 years. Earnings are forecast to grow by 262% in the next 2 years.Recent Insider Transactions • Jan 10Independent Director recently sold US$1.4m worth of stockOn the 6th of January, Bruce Claflin sold around 17k shares on-market at roughly US$84.96 per share. This transaction amounted to 41% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$1.7m more than they bought in the last 12 months.Reported Earnings • Dec 14Full year 2024 earnings released: EPS: US$0.58 (vs US$1.71 in FY 2023)Full year 2024 results: EPS: US$0.58 (down from US$1.71 in FY 2023). Revenue: US$4.01b (down 8.5% from FY 2023). Net income: US$84.0m (down 67% from FY 2023). Profit margin: 2.1% (down from 5.8% in FY 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 7.9% p.a. on average during the next 3 years, compared to a 8.3% growth forecast for the Communications industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Dec 12Investor sentiment improves as stock rises 17%After last week's 17% share price gain to US$84.50, the stock trades at a forward P/E ratio of 53x. Average forward P/E is 18x in the Communications industry in Europe. Total returns to shareholders of 15% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$114 per share.お知らせ • Dec 12Ciena Corporation Announces Board ChangesCiena Corporation 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 Director of Ciena since November 2000, and as chair of Ciena’s Audit Committee from October 2004 through the end of December 2024. From October 2002 to March 2005, Ms. Fitt served as Director of the Royal Academy of Arts in London. From 1979 to October 2002, Ms. Fitt was an investment banker with Goldman Sachs & Co., where she was a partner from 1994, and a managing director from 1996 to October 2002. Ms. Fitt holds a bachelor of arts degree from Brown University and a M.B.A. degree from the Darden School of Business at the University of Virginia. She also currently serves on the board of directors of The Carlyle Group, L.P. and The Progressive Corporation, and previously of Thomson Reuters. Joining Ciena in 1994 in its infancy, Dr. Nettles has served the Company with distinction for thirty years and played a leading role in the evolution and growth of the business into an industry leader. He has served as Ciena's Executive Chair of the Board of Directors since May 2001. From October 2000 to May 2001, Dr. Nettles was Chair of the Board of Directors and Chief Executive Officer of Ciena, and he was President and Chief Executive Officer from April 1994 to October 2000.お知らせ • Nov 13Ciena Corporation to Report Q4, 2024 Results on Dec 12, 2024Ciena Corporation announced that they will report Q4, 2024 results at 9:30 AM, US Eastern Standard Time on Dec 12, 2024お知らせ • Oct 02Ciena Corporation (NYSE:CIEN) announces an Equity Buyback for $1,000 million worth of its shares.Ciena Corporation (NYSE:CIEN) announces a share repurchase program. Under the program, the company will repurchase $1,000 million worth of shares. The share repurchase program will be funded with cash on hand or cash generated from operations. The program will run through the end of fiscal year 2027.Reported Earnings • Sep 06Third quarter 2024 earnings released: EPS: US$0.099 (vs US$0.20 in 3Q 2023)Third quarter 2024 results: EPS: US$0.099 (down from US$0.20 in 3Q 2023). Revenue: US$942.3m (down 12% from 3Q 2023). Net income: US$14.2m (down 52% from 3Q 2023). Profit margin: 1.5% (down from 2.8% in 3Q 2023). Revenue is forecast to grow 5.8% p.a. on average during the next 3 years, compared to a 8.3% growth forecast for the Communications industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.お知らせ • Sep 04Ciena Corporation Announces Retirement of James E. Moylan, Jr as Chief Financial Officer, Effective August 28, 2025Ciena Corporation announced that James E. Moylan, Jr., Chief Financial Officer (CFO), plans to retire in twelve months, effective August 28, 2025. Ciena intends to commence a search process to identify a successor. Mr. Moylan will continue to serve as CFO until a successor is in place and he will assist in the transition of his responsibilities.お知らせ • Aug 06Ciena Corporation to Report Q3, 2024 Results on Sep 04, 2024Ciena Corporation announced that they will report Q3, 2024 results Pre-Market on Sep 04, 2024Reported Earnings • Jun 07Second quarter 2024 earnings released: US$0.12 loss per share (vs US$0.39 profit in 2Q 2023)Second quarter 2024 results: US$0.12 loss per share (down from US$0.39 profit in 2Q 2023). Revenue: US$910.8m (down 20% from 2Q 2023). Net loss: US$16.8m (down 129% from profit in 2Q 2023). Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Communications industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.Board Change • Jun 06Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 11 highly experienced directors. Independent Director Joanne Olsen was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.お知らせ • Feb 17Ciena Corporation, Annual General Meeting, Mar 30, 2023Ciena Corporation, Annual General Meeting, Mar 30, 2023, at 15:00 US Eastern Standard Time. Agenda: To elect two members of the Board of Directors from the nominees named in the accompanying proxy statement to serve as Class II directors for three-year terms ending in 2026, or until their respective successors are elected and qualified; to consider Ratify the appointment of PricewaterhouseCoopers LLP as independent registered public accounting firm for fiscal 2023; to consider Conduct an advisory vote on our named executive officer compensation, as described in these proxy materials; to consider Conduct an advisory vote on the frequency of future stockholder advisory votes on named executive officer compensation; to consider and act upon such other business as may properly come before the Annual Meeting or any adjournment or postponement thereof.財務状況分析短期負債: 0HYAの 短期資産 ( $3.5B ) が 短期負債 ( $1.3B ) を超えています。長期負債: 0HYAの短期資産 ( $3.5B ) が 長期負債 ( $1.8B ) を上回っています。デット・ツー・エクイティの歴史と分析負債レベル: 0HYAの 純負債対資本比率 ( 8.5% ) は 満足できる 水準であると考えられます。負債の削減: 0HYAの負債対資本比率は、過去 5 年間で27.4%から55.1%に増加しました。債務返済能力: 0HYAの負債は 営業キャッシュフロー によって 十分にカバー されています ( 60.5% )。インタレストカバレッジ: 0HYAの負債に対する 利息支払い は EBIT ( 13.1 x coverage) によって 十分にカバーされています。貸借対照表健全な企業の発掘7D1Y7D1Y7D1YTech 業界の健全な企業。View Dividend企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/21 23:06終値2026/05/21 00:00収益2026/01/31年間収益2025/11/01データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Ciena Corporation 17 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。35 アナリスト機関James KelleherArgus Research CompanyTimothy LongBarclaysJeffrey KvaalBarclays32 その他のアナリストを表示
お知らせ • May 07Ciena Corporation to Report Q2, 2026 Results on Jun 04, 2026Ciena Corporation announced that they will report Q2, 2026 results Pre-Market on Jun 04, 2026
お知らせ • Mar 11Quantum Computing Inc. and Ciena Announces Joint Demonstration of Next-Generation Quantum Secure Communications At OFC 2026Quantum Computing Inc. and Ciena 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 combining optical-layer encryption with quantum-secure and post-quantum cryptographic techniques. The demonstration showcases how Ciena's Waveserver platform protects critical data at scale with optical AES-256-GCM encryption scaling up to 1.6 Tb/s that supports NIST-certified post-quantum cryptography algorithms and seamless third-party QKD system interworking using an ETSI-standard API. QCi's system features a time-frequency entanglement-based QKD architecture using telecom-band photons for enhanced deployment stability. The solution can be augmented with Quantum Identity Authentication using Quantum Zero Knowledge Proof (QZEK-P), a hardware-based implementation of QCi's proprietary technology recognized with the 2023 Edison Patent Award. The demonstration will be held in the Corporate Village at Booth #5355 and will require prior approval for viewing.
New Risk • Mar 11New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of British stocks, typically moving 11% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (11% average weekly change). Minor Risks Large one-off items impacting financial results. Significant insider selling over the past 3 months (US$2.3m sold).
お知らせ • Mar 10+ 1 more updateCiena Brings AI Networking Expertise to OFC 2026Ciena Corporation announced that At OFC 2026, taking place March 15–19 in Los Angeles,) will showcase a range of innovations at booth #1927 that redefine modern networking across data center infrastructure, quantum-safe communications, network automation, and AI-driven operations (AIOps). Through live technology demonstrations and speaking sessions, attendees will see how Ciena helps network operators enhance performance using advanced innovations such as 1.6T coherent optics and Hyper-Rail photonics. The company will also highlight how it is building scalable data center architectures designed to support scale up, scale out, and scale across models through next-generation optical and electrical interconnect technologies. Demonstrations will include optical innovations such as Programmable Photonics with the 6500 Reconfigurable Line System (RLS) supporting scalable metro and edge connectivity,Waveserver platform advancements featuring the industry’s first WaveLogic 6 Extreme (WL6e) 1.6T quantum-safe encryption, and the compact Waveserver E-Series (E10, E200, and E400) platforms designed for efficient edge service delivery. Ciena will also demonstrate Full Spectrum Transponders (FST) for evolving networks toward full-fiber deployments to support massive AI-driven capacity demands. In the data center domain, the company will present innovations in coherent pluggable transceivers, including WaveLogic 6 Nano (WL6n) 800G PKT-MAX, as well as solutions for scale-up and scale-out interconnects such as the Nitro 2004 copper cable extender, Vesta co-packaged optics, and next-generation liquid cooling for 3.2T+ transceiver. Routing and switching demonstrations will feature Data Center Out-of-Band Management (DCOM) with ORv3 (Canopy) and ORv2 chassis, IP-Optical convergence with WaveRouter WL6e 1.6T sleds, and the 5131 Coherent Access Platform for intelligent access-to-edge networking. In network management, Ciena will showcase the Network Control Suite, highlighting AI-assisted troubleshooting, Network Digital Twin for route validation, and Automated Deployment Optimizer to accelerate optical network deployment across submarine and terrestrial infrastructures. At the Optical Internetworking Forum booth (#2017), Ciena will also participate in interoperability demonstrations supporting 800ZR, OpenROADM 800G, 400ZR, OpenZR+, Multi-Span Optics, and CMIS, using technologies including the 8192 coherent route*, WL6n 800G, WaveLogic 5 Nano (WL5n) 400G, RLS C&L-band photonic line system, and Navigator NCS, while contributing to 448Gb/s PAM4 and PAM6 multivendor electrical I/O demonstrations. Additionally, in the Quantum Secure Communications Village (Meeting Room #5355, Ciena will present how operators can protect in-flight data in the quantum era using 1.6Tb/s quantum-secured optical channels powered by Waveserver’s AES-256-GCM wire-speed encryption integrated with Quantum Computing Inc. time-frequency entanglement-based Quantum Key Distribution (QKD) and preview new protection capabilities enabled by Quantum Identity Authentication (QIA). systems.
Reported Earnings • Mar 06First quarter 2026 earnings released: EPS: US$1.06 (vs US$0.31 in 1Q 2025)First quarter 2026 results: EPS: US$1.06 (up from US$0.31 in 1Q 2025). Revenue: US$1.43b (up 33% from 1Q 2025). Net income: US$150.3m (up 237% from 1Q 2025). Profit margin: 11% (up from 4.2% in 1Q 2025). Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Communications industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 79% per year, which means it is well ahead of earnings.
お知らせ • Mar 06Ciena Corporation Raised Earnings Guidance for the Fiscal Year 2026Ciena Corporation raised earnings guidance for the fiscal year 2026. For the period, the company expects revenue in the range of $5.9 billion to $6.3 billion.
お知らせ • Mar 05Ciena Corporation Provides Earnings Guidance for the Second Quarter 2026Ciena Corporation provided earnings guidance for the second quarter 2026. For the period, the company expects Revenue in the range of $1.5 billion plus or minus $50 million.
お知らせ • Feb 25Ciena Unveils Vesta 200 6.4T CPX Pluggable Optical Engine to Meet Data Center AI DemandsCiena announced that it 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 reliably address AI workloadsin both scale-out networks as well as next generation scale-up networks. Vesta 200 6.4T CPX provides more power-efficient optical interconnect and delivers the chip-edge density required for massive scale-up and scale-out networks on 200G/lane switches, XPUs, and NICs. Key features include: Ultra-high density: Achieves highest density pluggable CPO through Ciena’s internally developed co-optimized design, combined with unique 2D fiber interconnect technology. This enables compatibility with the smallest co-packaged copper connectors such as Samtec’s CPX and supports high-performance 200G/lane deployments in space-constrained NICs, XPU servers, and leading-edge 100T and next-generation 200T switches. Power reduction: Features retimer-free linear-drive operation, supporting a robust electrical loss budget of up to 20 dB from the host ASIC, enabling more flexible CPO architectures and saving up to 70% power versus traditional, retimed options. Superior reliability: Designed with ultra-high availability in mind, from high volume external light source to internally developed SiGe drivers and TIAs co-optimized with temperature-stable silicon photonics Mach-Zehnder–based transmitters, and high density standard CPX compression-free electrical connectors. New optical networking ecosystem: Provides access to an open, standards-based CPO ecosystem featuring a pluggable, CPX electrical interconnect and an IEEE802.3dj compliant optical interface enabling a flexible and diverse supply chain by promoting interoperability across multiple ASIC, optical, and electrical interconnect vendors.
お知らせ • Feb 13Ciena Corporation, Annual General Meeting, Mar 26, 2026Ciena Corporation, Annual General Meeting, Mar 26, 2026.
お知らせ • Feb 07Ciena Corporation(NYSE:CIEN) dropped from Russell Small Cap Comp Value IndexCiena Corporation(NYSE:CIEN) dropped from Russell Small Cap Comp Value Index
お知らせ • Feb 05Ciena Corporation to Report Q1, 2026 Results on Mar 05, 2026Ciena Corporation announced that they will report Q1, 2026 results Pre-Market on Mar 05, 2026
Recent Insider Transactions • Dec 18Insider recently sold US$1.9m worth of stockOn the 15th of December, Thomas Nevens sold around 9k shares on-market at roughly US$225 per share. This transaction amounted to 60% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$4.7m more than they bought in the last 12 months.
Reported Earnings • Dec 13Full year 2025 earnings released: EPS: US$0.87 (vs US$0.58 in FY 2024)Full year 2025 results: EPS: US$0.87 (up from US$0.58 in FY 2024). Revenue: US$4.77b (up 19% from FY 2024). Net income: US$123.3m (up 47% from FY 2024). Profit margin: 2.6% (up from 2.1% in FY 2024). Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Communications industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has increased by 67% per year, which means it is well ahead of earnings.
お知らせ • Dec 11Ciena Corporation Provides Earnings Guidance for the First Quarter and Full Fiscal Year 2026Ciena Corporation provided earnings guidance for the first quarter and full fiscal year 2026. For the quarter, the company expects revenue in the range of $1.35 billion to $1.43 billion. For the full year, the company expects Revenue in the range of $5.7 billion to $6.1 billion.
お知らせ • Nov 13Ciena Corporation to Report Q4, 2025 Results on Dec 11, 2025Ciena Corporation announced that they will report Q4, 2025 results Pre-Market on Dec 11, 2025
Recent Insider Transactions • Sep 27Independent Director recently sold US$1.2m worth of stockOn the 24th of September, Bruce Claflin sold around 8k shares on-market at roughly US$140 per share. This transaction amounted to 43% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$2.8m more than they bought in the last 12 months.
お知らせ • Sep 22Ciena Corporation (NYSE:CIEN) entered into a definitive agreement to acquire Nubis Communications, Inc. from a group of shareholders for $270 million.Ciena Corporation (NYSE:CIEN) entered into a definitive agreement to acquire Nubis Communications, Inc. from a group of shareholders for $270 million on September 22, 2025. Under the terms of the agreement, Ciena will acquire Nubis in an all-cash transaction for $270 million, subject to a customary purchase price adjustment mechanism for the amount of cash, debt, and net working capital of Nubis at closing, among other items. In addition, Ciena will enter into certain employee retention arrangements in connection with the transaction. The transaction has been approved by the boards of directors of both companies as well as Nubis’ shareholders. The transaction is expected to close during Ciena’s fiscal fourth quarter 2025 and is subject to customary closing conditions.
Reported Earnings • Sep 05Third quarter 2025 earnings released: EPS: US$0.35 (vs US$0.099 in 3Q 2024)Third quarter 2025 results: EPS: US$0.35 (up from US$0.099 in 3Q 2024). Revenue: US$1.22b (up 29% from 3Q 2024). Net income: US$50.3m (up 254% from 3Q 2024). Profit margin: 4.1% (up from 1.5% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Communications industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has increased by 38% per year, which means it is well ahead of earnings.
Buy Or Sell Opportunity • Sep 05Now 36% overvalued after recent price riseOver the last 90 days, the stock has risen 55% to US$112. The fair value is estimated to be US$82.52, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.7% over the last 3 years. Earnings per share has declined by 33%. For the next 3 years, revenue is forecast to grow by 12% per annum. Earnings are also forecast to grow by 37% per annum over the same time period.
New Risk • Sep 04New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of British stocks, typically moving 8.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (8.5% average weekly change). Profit margins are more than 30% lower than last year (2.5% net profit margin).
お知らせ • Sep 04Ciena Corporation Provides Earnings Guidance for the Fourth Quarter 2025Ciena Corporation provided earnings guidance for the Fourth quarter 2025. For the period, The company expects to deliver revenue in a range of $1.24 billion to $1.32 billion.
Buy Or Sell Opportunity • Aug 20Now 21% undervaluedOver the last 90 days, the stock has risen 7.1% to US$86.61. The fair value is estimated to be US$109, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.7% over the last 3 years. Earnings per share has declined by 33%. For the next 3 years, revenue is forecast to grow by 9.2% per annum. Earnings are also forecast to grow by 36% per annum over the same time period.
お知らせ • Aug 06Ciena Corporation to Report Q3, 2025 Results on Sep 04, 2025Ciena Corporation announced that they will report Q3, 2025 results Pre-Market on Sep 04, 2025
Buy Or Sell Opportunity • Aug 01Now 22% undervaluedOver the last 90 days, the stock has risen 22% to US$89.15. The fair value is estimated to be US$114, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.7% over the last 3 years. Earnings per share has declined by 33%. For the next 3 years, revenue is forecast to grow by 9.2% per annum. Earnings are also forecast to grow by 36% per annum over the same time period.
お知らせ • Jun 18+ 1 more updateCiena Corporation Appoints Marc D. Graff as Chief Financial Officer, Effective August 1, 2025Ciena Corporation announced the appointment of Marc D. Graff as 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. Mr. Graff has nearly 30 years of global finance experience in financial planning and analysis (FP&A), tax and trade matters, and accounting, including more than nine years in Asia. Before joining Ciena, he served as Senior Vice President and CFO at Altera Corporation, where he was instrumental in executing the majority sale of Altera from Intel Corporation. Prior to Altera, Mr. Graff served as CFO and Chief Operating Officer for Intel’s Data Center and Artificial Intelligence Group, and previously held other executive finance roles across various manufacturing and business units at Intel. Mr. Graff holds a Bachelor of Science in finance and economics from the University of Colorado and a Master of Business Administration from the University of Michigan. Ciena previously announced the retirement of James E. Moylan, Jr. CFO, effective August 28, 2025. Until that time, Mr. Moylan will assist in the transition of his responsibilities to Mr. Graff.
Buy Or Sell Opportunity • Jun 06Now 30% undervaluedOver the last 90 days, the stock has risen 11% to US$72.62. The fair value is estimated to be US$104, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.7% over the last 3 years. Earnings per share has declined by 33%. Revenue is forecast to grow by 21% in 2 years. Earnings are forecast to grow by 243% in the next 2 years.
お知らせ • May 07Ciena Corporation to Report Q2, 2025 Results on Jun 05, 2025Ciena Corporation announced that they will report Q2, 2025 results Pre-Market on Jun 05, 2025
お知らせ • May 06Windstream Wholesale and Ciena Complete WL6e Trial to Advance 800G Service AdoptionWindstream Wholesale announced the successful completion of a industry-first trial of Ciena's WaveLogic 6 Extreme (WL6e) 2x1.2Tb with 3x800G Wave services. This milestone, achieved in collaboration with Ciena, represents a significant leap forward in optical network innovation. The trial took place over a 1,590-kilometer route from Virginia Beach to Jacksonville, Fla., utilizing Ciena's Reconfigurable Line System (RLS) deployed on Windstream Wholesale's unique high-capacity Beach Route. Windstream Wholesale is the first in the industry to trial 3x 800G services over mated WL6e wavelengths. This pioneering initiative showcased the ultra-long-haul and high client-side bandwidth capabilities of Ciena's WL6e technology to support multiple 800G Wave services beyond 1,590 kilometers without regeneration, offering transformative benefits for ultra-long-haul applications. This technological advancement is poised to meet the requirements of forthcoming multiple 800G service demands, on top of the existing large demands for Nx400G services. The successful deployment of Ciena's W L6e technology promises several advantages for Windstream Wholesale's customers, including enhanced connectivity solutions with greater scalability, flexibility, and reliability. This innovation is particularly beneficial for high-bandwidth applications, supporting emerging business needs and driving future sales of Nx800G services. Windstream Wholesale plans to begin selling 800G Wave services in the second half of 2025 over its Intelligent Converged Optical Network backbone.
お知らせ • Apr 16Windstream Wholesale and Ciena Boost 400G Network Capacity in the SoutheastWindstream Wholesale announce a significant infrastructure enhancement and network overbuild between Houston, Texas, and Tallahassee, Fla. Utilizing cutting-edge Ciena this collaboration promises to deliver increased capacity, enhanced service capabilities, and improved network efficiency. This also enables Windstream Wholesale to offer 400G services over diverse routes to customers as well as future 800G services along this unique Gulf route. Windstream Wholesale is already taking service orders for this network expansion, which is designed to meet the surging demand for high-speed, reliable connectivity. By enabling 400G service, this project not only offers diverse routes between Texas and the Southeast but also enables Windstream Wholesale to support a growing customer base with robust, future-ready connectivity options. As Texas experiences explosive growth in AI technologies, their enhanced infrastructure is strategically equipped to support the increasing bandwidth demands of AI-driven innovations across the region. This project allows Windstream Wholesale to better accommodate diverse customer needs and strengthen service resilience. The integration of in-line Optical Time-Domain Reflectometer (OTDR) monitoring capabilities in Ciena’s Reconfigurable Line System (RLS) allows for quicker resolution of network issues, reducing downtime and improving the Windstream Wholesale commitment to service quality. This overbuild represents a strategic investment in Windstream Wholesale’s infrastructure, reflecting commitment to innovation and excellence in network solutions. The use of Ciena’s RLS provides the ability for Windstream Wholesale to gain the greatest operational efficiencies and cost effectiveness along this route. This long-term commitment to enhancing network will mean fewer required regeneration points (regens) along the route. This efficiency will create a better cost structure and therefore competitive rates for services. In addition, Ciena’s RLS allows Windstream Wholesale to provision express locations remotely integrating multiple ROADM segments, which reduces provisioning time and minimizes truck rolls. By expanding capacity and enhancing service capabilities, Windstream Wholesale can provide top-tier networking solutions for enterprise and wholesale customers.
お知らせ • Mar 26Ciena Brings Data Center Connectivity Innovations to OFC 2025At OFC 2025, occurring March 30 to April 3 in San Francisco, Ciena will showcase in booth #2443 industry-first coherent optical and IMDD technologies that bring new levels of scalability and flexibility to data center designs. A recent Ciena global survey found that data center experts anticipate at least a sixfold increase in DCI bandwidth demand over the next five years, requiring new levels of scalability. To address this challenge, Ciena, the established leader in high-speed optical innovation, is bringing its expertise to high-performance interconnects--the pluggables and components required to support growth in cloud and AI traffic. Ciena will break new ground with the following live demonstrations of industry-first technologies: 1.6T Coherent-Lite: Featuring Ciena's 224G SerDes, 1.6T Coherent -Lite provides robustness and a higher loss budget at a comparable power consumption to IMDD, supporting the scale and flexibility needed for data center and campus applications. Paving the way to 3.2T interconnects: Only Ciena has 448Gb/s PAM4 working in silicon, powered by Ciena's ultra-high-bandwidth DAC (digital-to-analog) and ADC (analog-to-digital) converters implemented in low-power 3nm CMOS. Electrical PAM4 transmission will be shown in OIF booth #5745, and optical PAM4IMDD transmission will be demonstrated in Ciena's booth. OIF Unites Interoperability and Innovation at OFC 2025: Driving Industry Progress in Performance, Efficiency and capacity for Future-Oriented Data Centers. OIF continues to lead the charge in advancing interoperability, with 35 member companies at OFC 2025 showcasing innovative solutions that redefine performance, efficiency and capacity. The work being demonstrated--including 800ZR, 400ZR+, Multi-span optics, EEI & Co-Packaging, Common Electrical I/O (CEI) CEI-448G, CEI-224G & CEI-112G and CMIS--is collectively enabling the industry to move forward toward future-oriented data centers andaying the foundation for hyperscalers to scale AI networks seamlessly. Visit OIF at booth #5745 to experience these solutions live.
Reported Earnings • Mar 12First quarter 2025 earnings released: EPS: US$0.31 (vs US$0.34 in 1Q 2024)First quarter 2025 results: EPS: US$0.31 (down from US$0.34 in 1Q 2024). Revenue: US$1.07b (up 3.3% from 1Q 2024). Net income: US$44.6m (down 10.0% from 1Q 2024). Profit margin: 4.2% (down from 4.8% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 9.2% p.a. on average during the next 3 years, compared to a 6.1% growth forecast for the Communications industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings.
New Risk • Mar 08New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of British stocks, typically moving 10% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (10% average weekly change). Minor Risks Profit margins are more than 30% lower than last year (2.1% net profit margin). Significant insider selling over the past 3 months (US$1.6m sold).
お知らせ • Feb 14Ciena Corporation, Annual General Meeting, Mar 27, 2025Ciena Corporation, Annual General Meeting, Mar 27, 2025.
Buy Or Sell Opportunity • Feb 13Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 33% to US$89.89. The fair value is estimated to be US$74.16, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 5.0% over the last 3 years. Earnings per share has declined by 42%. Revenue is forecast to grow by 20% in 2 years. Earnings are forecast to grow by 262% in the next 2 years.
お知らせ • Feb 11Ciena Corporation to Report Q1, 2025 Results on Mar 11, 2025Ciena Corporation announced that they will report Q1, 2025 results Pre-Market on Mar 11, 2025
New Risk • Jan 27New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of British stocks, typically moving 9.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (9.2% average weekly change). Profit margins are more than 30% lower than last year (2.1% net profit margin). Significant insider selling over the past 3 months (US$1.6m sold).
Buy Or Sell Opportunity • Jan 23Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 56% to US$100. The fair value is estimated to be US$82.63, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 5.0% over the last 3 years. Earnings per share has declined by 42%. Revenue is forecast to grow by 20% in 2 years. Earnings are forecast to grow by 262% in the next 2 years.
Recent Insider Transactions • Jan 10Independent Director recently sold US$1.4m worth of stockOn the 6th of January, Bruce Claflin sold around 17k shares on-market at roughly US$84.96 per share. This transaction amounted to 41% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$1.7m more than they bought in the last 12 months.
Reported Earnings • Dec 14Full year 2024 earnings released: EPS: US$0.58 (vs US$1.71 in FY 2023)Full year 2024 results: EPS: US$0.58 (down from US$1.71 in FY 2023). Revenue: US$4.01b (down 8.5% from FY 2023). Net income: US$84.0m (down 67% from FY 2023). Profit margin: 2.1% (down from 5.8% in FY 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 7.9% p.a. on average during the next 3 years, compared to a 8.3% growth forecast for the Communications industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Dec 12Investor sentiment improves as stock rises 17%After last week's 17% share price gain to US$84.50, the stock trades at a forward P/E ratio of 53x. Average forward P/E is 18x in the Communications industry in Europe. Total returns to shareholders of 15% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$114 per share.
お知らせ • Dec 12Ciena Corporation Announces Board ChangesCiena Corporation 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 Director of Ciena since November 2000, and as chair of Ciena’s Audit Committee from October 2004 through the end of December 2024. From October 2002 to March 2005, Ms. Fitt served as Director of the Royal Academy of Arts in London. From 1979 to October 2002, Ms. Fitt was an investment banker with Goldman Sachs & Co., where she was a partner from 1994, and a managing director from 1996 to October 2002. Ms. Fitt holds a bachelor of arts degree from Brown University and a M.B.A. degree from the Darden School of Business at the University of Virginia. She also currently serves on the board of directors of The Carlyle Group, L.P. and The Progressive Corporation, and previously of Thomson Reuters. Joining Ciena in 1994 in its infancy, Dr. Nettles has served the Company with distinction for thirty years and played a leading role in the evolution and growth of the business into an industry leader. He has served as Ciena's Executive Chair of the Board of Directors since May 2001. From October 2000 to May 2001, Dr. Nettles was Chair of the Board of Directors and Chief Executive Officer of Ciena, and he was President and Chief Executive Officer from April 1994 to October 2000.
お知らせ • Nov 13Ciena Corporation to Report Q4, 2024 Results on Dec 12, 2024Ciena Corporation announced that they will report Q4, 2024 results at 9:30 AM, US Eastern Standard Time on Dec 12, 2024
お知らせ • Oct 02Ciena Corporation (NYSE:CIEN) announces an Equity Buyback for $1,000 million worth of its shares.Ciena Corporation (NYSE:CIEN) announces a share repurchase program. Under the program, the company will repurchase $1,000 million worth of shares. The share repurchase program will be funded with cash on hand or cash generated from operations. The program will run through the end of fiscal year 2027.
Reported Earnings • Sep 06Third quarter 2024 earnings released: EPS: US$0.099 (vs US$0.20 in 3Q 2023)Third quarter 2024 results: EPS: US$0.099 (down from US$0.20 in 3Q 2023). Revenue: US$942.3m (down 12% from 3Q 2023). Net income: US$14.2m (down 52% from 3Q 2023). Profit margin: 1.5% (down from 2.8% in 3Q 2023). Revenue is forecast to grow 5.8% p.a. on average during the next 3 years, compared to a 8.3% growth forecast for the Communications industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.
お知らせ • Sep 04Ciena Corporation Announces Retirement of James E. Moylan, Jr as Chief Financial Officer, Effective August 28, 2025Ciena Corporation announced that James E. Moylan, Jr., Chief Financial Officer (CFO), plans to retire in twelve months, effective August 28, 2025. Ciena intends to commence a search process to identify a successor. Mr. Moylan will continue to serve as CFO until a successor is in place and he will assist in the transition of his responsibilities.
お知らせ • Aug 06Ciena Corporation to Report Q3, 2024 Results on Sep 04, 2024Ciena Corporation announced that they will report Q3, 2024 results Pre-Market on Sep 04, 2024
Reported Earnings • Jun 07Second quarter 2024 earnings released: US$0.12 loss per share (vs US$0.39 profit in 2Q 2023)Second quarter 2024 results: US$0.12 loss per share (down from US$0.39 profit in 2Q 2023). Revenue: US$910.8m (down 20% from 2Q 2023). Net loss: US$16.8m (down 129% from profit in 2Q 2023). Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Communications industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.
Board Change • Jun 06Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 11 highly experienced directors. Independent Director Joanne Olsen was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.
お知らせ • Feb 17Ciena Corporation, Annual General Meeting, Mar 30, 2023Ciena Corporation, Annual General Meeting, Mar 30, 2023, at 15:00 US Eastern Standard Time. Agenda: To elect two members of the Board of Directors from the nominees named in the accompanying proxy statement to serve as Class II directors for three-year terms ending in 2026, or until their respective successors are elected and qualified; to consider Ratify the appointment of PricewaterhouseCoopers LLP as independent registered public accounting firm for fiscal 2023; to consider Conduct an advisory vote on our named executive officer compensation, as described in these proxy materials; to consider Conduct an advisory vote on the frequency of future stockholder advisory votes on named executive officer compensation; to consider and act upon such other business as may properly come before the Annual Meeting or any adjournment or postponement thereof.