Ciena Corporation

NYSE:CIEN Stock Report

Market Cap: US$22.5b

Ciena Management

Management criteria checks 4/4

Ciena's CEO is Gary Smith, appointed in May 2001, has a tenure of 24.42 years. total yearly compensation is $14.08M, comprised of 7.2% salary and 92.8% bonuses, including company stock and options. directly owns 0.09% of the company’s shares, worth $20.32M. The average tenure of the management team and the board of directors is 6.3 years and 16.4 years respectively.

Key information

Gary Smith

Chief executive officer

US$14.1m

Total compensation

CEO salary percentage7.24%
CEO tenure24.4yrs
CEO ownership0.09%
Management average tenure6.3yrs
Board average tenure16.4yrs

Recent management updates

Recent updates

Ciena: Remain Buy-Rated With Caution On Valuation

Oct 08

Ciena Corporation (NYSE:CIEN) Investors Are Less Pessimistic Than Expected

Aug 26
Ciena Corporation (NYSE:CIEN) Investors Are Less Pessimistic Than Expected

These 4 Measures Indicate That Ciena (NYSE:CIEN) Is Using Debt Extensively

Aug 04
These 4 Measures Indicate That Ciena (NYSE:CIEN) Is Using Debt Extensively

Revenues Not Telling The Story For Ciena Corporation (NYSE:CIEN) After Shares Rise 36%

May 06
Revenues Not Telling The Story For Ciena Corporation (NYSE:CIEN) After Shares Rise 36%

Ciena (NYSE:CIEN) Has A Somewhat Strained Balance Sheet

Apr 21
Ciena (NYSE:CIEN) Has A Somewhat Strained Balance Sheet

Ciena Corporation's (NYSE:CIEN) 25% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/SRatio

Mar 08
Ciena Corporation's (NYSE:CIEN) 25% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/SRatio

Ciena Q1 Earnings Preview: AI And Data Center Spending Needs To Be Strong

Feb 26

Capital Allocation Trends At Ciena (NYSE:CIEN) Aren't Ideal

Feb 21
Capital Allocation Trends At Ciena (NYSE:CIEN) Aren't Ideal

Is It Too Late To Consider Buying Ciena Corporation (NYSE:CIEN)?

Feb 07
Is It Too Late To Consider Buying Ciena Corporation (NYSE:CIEN)?

Ciena Corporation (NYSE:CIEN) Shares Could Be 24% Above Their Intrinsic Value Estimate

Jan 24
Ciena Corporation (NYSE:CIEN) Shares Could Be 24% Above Their Intrinsic Value Estimate

Ciena's (NYSE:CIEN) Soft Earnings Don't Show The Whole Picture

Dec 28
Ciena's (NYSE:CIEN) Soft Earnings Don't Show The Whole Picture

Ciena Delivers Strong Q4 Earnings, But Valuation Demands Precision

Dec 16

Ciena Corporation's (NYSE:CIEN) 26% Price Boost Is Out Of Tune With Revenues

Dec 14
Ciena Corporation's (NYSE:CIEN) 26% Price Boost Is Out Of Tune With Revenues

Ciena Corporation: Hold, Financials Are Weak Amid A Decisive Technical Turn

Nov 27

The Returns On Capital At Ciena (NYSE:CIEN) Don't Inspire Confidence

Nov 21
The Returns On Capital At Ciena (NYSE:CIEN) Don't Inspire Confidence

Is Ciena (NYSE:CIEN) Using Too Much Debt?

Nov 06
Is Ciena (NYSE:CIEN) Using Too Much Debt?

Is There An Opportunity With Ciena Corporation's (NYSE:CIEN) 34% Undervaluation?

Oct 21
Is There An Opportunity With Ciena Corporation's (NYSE:CIEN) 34% Undervaluation?
User avatar

WaveLogic 6 And Cloud Innovations Propel Future Revenue And Market Leadership

Ciena's focus on cloud providers and AI-driven network capacity signifies potential for significant revenue growth from high-value services.

Ciena: Expecting Growth To Continue Growing From Here On

Sep 06

Ciena: Reiterate Buy Rating, Worst Of This Cycle May Be Over

Jun 19

Why Ciena Soared And Then Slumped After Q2 2024 Earnings

Jun 10

Ciena's Large Legacy Business Weighing On Near-Term Growth And Sentiment

Apr 05

Ciena: Technological Leader In A Secular Growth Market

Dec 19

Ciena: Capitalizing On Growing Demand Drivers

Nov 01

Ciena: Path To Recovery But Undervalued By The Market

Oct 16

CEO Compensation Analysis

How has Gary Smith's remuneration changed compared to Ciena's earnings?
DateTotal CompensationSalaryCompany Earnings
Aug 02 2025n/an/a

US$141m

May 03 2025n/an/a

US$105m

Feb 01 2025n/an/a

US$79m

Nov 02 2024US$14mUS$1m

US$84m

Jul 27 2024n/an/a

US$138m

Apr 27 2024n/an/a

US$154m

Jan 27 2024n/an/a

US$228m

Oct 28 2023n/an/a

US$255m

Jul 29 2023n/an/a

US$221m

Apr 29 2023n/an/a

US$202m

Jan 28 2023n/an/a

US$183m

Oct 29 2022n/an/a

US$153m

Jul 30 2022n/an/a

US$199m

Apr 30 2022n/an/a

US$426m

Jan 29 2022n/an/a

US$491m

Oct 30 2021n/an/a

US$500m

Jul 31 2021n/an/a

US$462m

May 01 2021n/an/a

US$366m

Jan 30 2021n/an/a

US$354m

Oct 31 2020US$11mUS$988k

US$361m

Aug 01 2020n/an/a

US$377m

May 02 2020n/an/a

US$321m

Feb 01 2020n/an/a

US$282m

Nov 02 2019n/an/a

US$253m

Aug 03 2019n/an/a

US$237m

May 04 2019n/an/a

US$201m

Jan 31 2019n/an/a

US$162m

Nov 03 2018n/an/a

-US$345m

Compensation vs Market: Gary's total compensation ($USD14.08M) is about average for companies of similar size in the US market ($USD13.29M).

Compensation vs Earnings: Gary's compensation has been consistent with company performance over the past year.


CEO

Gary Smith (65 yo)

24.4yrs
Tenure
US$14,076,773
Compensation

Mr. Gary B. Smith is Independent Director of Planet Labs PBC from July 10, 2025. Mr. Smith joined the Planet Labs PBC on July 10, 2025. Mr. Smith has been Principal Executive Officer of Cyan, Inc. since Au...


Leadership Team

NamePositionTenureCompensationOwnership
Gary Smith
CEO, President & Director24.4yrsUS$14.08m0.090%
$ 20.3m
Jason Phipps
Senior Vice President of Global Customer Engagementno dataUS$3.88m0.026%
$ 5.9m
Dino DiPerna
Senior Vice President of Global Research & Development2yrsUS$2.80m0.0058%
$ 1.3m
David Rothenstein
Senior VP16.9yrsUS$3.36m0.13%
$ 30.0m
Marc Graff
Senior VP & CFOless than a yearno datano data
Stephen Alexander
CTO & Member of Technology Advisory Council27.1yrsUS$1.81mno data
Gregg Lampf
Vice President of Investor Relations15.1yrsno datano data
Sheela Kosaraju
Senior Vice President2.8yrsno data0.037%
$ 8.3m
Rebecca Smith
Senior VP of Global Marketing & Communications2.8yrsno datano data
Joseph Cumello
Senior VP & GM of Blue Planet2.8yrsno data0.011%
$ 2.4m
Rodney Wilson
Chief Technologist of Research Networksno datano datano data
Scott McFeely
Executive Advisor9.9yrsUS$3.92m0.028%
$ 6.2m
6.3yrs
Average Tenure
57yo
Average Age

Experienced Management: CIEN's management team is seasoned and experienced (6.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Gary Smith
CEO, President & Director25yrsUS$14.08m0.090%
$ 20.3m
Stephen Alexander
CTO & Member of Technology Advisory Council20.5yrsUS$1.81mno data
Bruce Claflin
Independent Director19.2yrsUS$324.96k0.0079%
$ 1.8m
Lawton Fitt
Independent Chairman24.9yrsUS$334.96k0.0028%
$ 626.1k
Kenneth Minihan
Member of Government Advisory Board20.3yrsno datano data
Patrick Gallagher
Lead Independent Director16.4yrsUS$359.96k0.041%
$ 9.3m
John Breen
Member of Partner Advisory Council16.4yrsno datano data
Carlos Busso
Member of Partner Advisory Council16.4yrsno datano data
Kevin Delane
Member of Partner Advisory Council16.4yrsno datano data
Angelo Germani
Member of Partner Advisory Council16.4yrsno datano data
Joanne Olsen
Independent Director7yrsUS$330.96k0.024%
$ 5.5m
Devinder Kumar
Independent Director6.2yrsUS$314.96k0.0021%
$ 468.4k
16.4yrs
Average Tenure
69.5yo
Average Age

Experienced Board: CIEN's board of directors are seasoned and experienced ( 16.4 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/10/09 05:09
End of Day Share Price 2025/10/09 00:00
Earnings2025/08/02
Annual Earnings2024/11/02

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Ciena Corporation is covered by 48 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Edward ZabitskyACI Research
James KelleherArgus Research Company
Blair KingAvondale Partners