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Ciena Corporation

CIEN Utilities Telecommunications Equipment
$322.64
▼ -5.7% Today
as of Oct 22, 16:47 ET
Last 30 days +0.94% Sep 14 → Oct 22
$309.23 $346.97 $384.71 $422.44 $460.18 Sep 14 Sep 22 Sep 29 Oct 07 Oct 14 Oct 22
Open
$343.48
High
$346.29
Low
$320.69
Volume
$4M
Avg Vol
$3M
Mkt Cap
$47.4B
P/E (TTM)
76.49
Beta
—
52w High
$637.51
52w Low
$164.13
Div Yield
—
Shares Out
$142M

Recent Press Releases & News last 60 days · 25 items

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CIEN earnings at a glance

The options market is pricing a move of about ±3.5% after the report, a range of roughly $311.40 to $333.88 from today's $322.64. Over its last 1 reports the stock rose the next day 0 times and fell 1, moving ±12.9% on average; after the most recent report on Jun 5, 2025 it moved -12.9%. That means options currently expect less movement than CIEN has typically delivered. CIEN beat the consensus EPS estimate in 1 of its last 2 reported quarters. Implied volatility is currently 83%. The share price of $322.64 sits in the middle of its 52-week range.

More Utilities stocks · All stocks · Earnings calendar

Overview

52-week range
$164
$638
33% of range
Avg surprise (last 2)
-0.1%
Avg reaction (last 1)
-12.9%
0% positive
Latest IV / EM
83%
EM ±3.5% · $425 · Oct 9

Earnings trends

EPS — actual vs estimate Actual Estimate
$-0.12$0.37$0.86$1.34$1.83 Actual $0.38Actual $0.20Actual $0.34Actual $-0.12Actual $0.10Actual $0.31Actual $0.06Actual $0.16Est $0.30Actual $0.41Est $0.28Actual $1.03Actual $1.49Actual $1.83 AprJulJanAprJulFebMayApr/2025Jul/2025JanMayAug
Revenue vs Net Income Revenue Net income
$0$439M$877M$1.3B$1.8B Feb 25May 25Aug 25Jan 26May 26Aug 26

Earnings history

DatePeriodActual EPSEstSurpriseYoY %ΔDay reactSource
Sat Aug 1, 2026Aug 2026 $1.83 — — — — financials
Sat May 2, 2026May 2026 $1.49 — — — — financials
Sat Jan 31, 2026Jan 2026 $1.03 — — — — financials
Thu Sep 4, 2025Jul/2025 $0.41 $0.28 +46.4% — — earnings
Thu Jun 5, 2025Apr/2025 $0.16 $0.30 -46.7% — -12.9% earnings
Sat May 3, 2025May 2025 $0.06 — — — — financials
Sat Feb 1, 2025Feb 2025 $0.31 — — — — financials
Sat Jul 27, 2024Jul 2024 $0.10 — — — — financials
Sat Apr 27, 2024Apr 2024 $-0.12 — — — — financials
Sat Jan 27, 2024Jan 2024 $0.34 — — — — financials
Sat Jul 29, 2023Jul 2023 $0.20 — — — — financials
Sat Apr 29, 2023Apr 2023 $0.38 — — — — financials
Sat Jan 28, 2023Jan 2023 $0.51 — — — — financials

Financials

Income statement (quarterly)

MetricAug 2026May 2026Jan 2026Nov 2025Aug 2025May 2025Feb 2025Nov 2024
Revenue$1.67B$1.57B$1.43B—$1.22B$1.13B$1.07B—
Cost of revenue$912M$879M$802M—$716M$673M$600M—
Gross profit$759M$692M$626M—$503M$453M$472M—
Operating income$301M$238M$189M—$74M$33M$81M—
Net income$266M$218M$150M—$50M$9M$45M—
EPS (diluted)$1.83$1.49$1.03—$0.35$0.06$0.31—

Balance sheet (quarterly)

MetricAug 2026May 2026Jan 2026Nov 2025Aug 2025May 2025Feb 2025Nov 2024
Cash & equivalents$2.45B$1.05B$1.12B$1.09B$1.06B$950M$875M$935M
Inventory$872M$808M$846M$826M$860M$874M$845M$820M
Total current assets$5.26B$3.57B$3.54B$3.57B$3.69B$3.56B$3.49B$3.54B
Total assets$8.00B$6.04B$5.89B$5.86B$5.75B$5.66B$5.57B$5.64B
Long-term debt$3.23B$1.52B$1.52B$1.52B$1.53B$1.53B$1.53B$1.53B
Total liabilities$4.94B$3.15B$3.10B$3.14B$2.96B$2.88B$2.78B$2.83B
Total equity$3.06B$2.89B$2.79B$2.73B$2.79B$2.78B$2.79B$2.82B

Implied volatility — last 90 days

54%89%125%161%196% Jun 06 — IV 162% · EM ±16.5%Jun 07 — IV 116% · EM ±10.8%Jun 08 — IV 99% · EM ±8.3%Jun 09 — IV 102% · EM ±7.4%Jun 10 — IV 114% · EM ±6.7%Jun 11 — IV 111% · EM ±4.6%Jun 15 — IV 99% · EM ±7.2%Jun 16 — IV 96% · EM ±5.7%Jun 17 — IV 99% · EM ±4.1%Jun 19 — IV 83% · EM ±9.2%Jun 22 — IV 106% · EM ±8.8%Jun 23 — IV 119% · EM ±8.6%Jun 24 — IV 112% · EM ±6.6%Jun 25 — IV 100% · EM ±4.2%Jun 29 — IV 85% · EM ±20.1%Jun 30 — IV 84% · EM ±19.6%Jul 01 — IV 97% · EM ±4.0%Jul 03 — IV 92% · EM ±10.1%Jul 06 — IV 100% · EM ±8.4%Jul 07 — IV 104% · EM ±7.5%Jul 08 — IV 97% · EM ±5.8%Jul 09 — IV 100% · EM ±4.2%Jul 13 — IV 105% · EM ±8.8%Jul 14 — IV 100% · EM ±7.2%Jul 15 — IV 103% · EM ±6.1%Jul 16 — IV 127% · EM ±5.3%Jul 20 — IV 115% · EM ±9.6%Jul 21 — IV 118% · EM ±8.5%Jul 22 — IV 103% · EM ±6.1%Jul 23 — IV 103% · EM ±4.3%Jul 27 — IV 109% · EM ±9.1%Jul 28 — IV 110% · EM ±7.9%Jul 29 — IV 129% · EM ±7.6%Jul 30 — IV 110% · EM ±4.6%Aug 03 — IV 113% · EM ±9.5%Aug 04 — IV 111% · EM ±8.0%Aug 05 — IV 106% · EM ±6.2%Aug 06 — IV 109% · EM ±4.5%Aug 10 — IV 88% · EM ±7.4%Aug 11 — IV 87% · EM ±6.3%Aug 12 — IV 91% · EM ±5.4%Aug 13 — IV 97% · EM ±4.0%Aug 17 — IV 83% · EM ±7.0%Aug 18 — IV 92% · EM ±6.6%Aug 19 — IV 81% · EM ±4.8%Aug 20 — IV 82% · EM ±3.4%Aug 24 — IV 84% · EM ±7.0%Aug 25 — IV 81% · EM ±5.8%Aug 26 — IV 84% · EM ±5.0%Aug 27 — IV 84% · EM ±3.5%Aug 31 — IV 143% · EM ±11.9%Sep 01 — IV 159% · EM ±11.5%Sep 02 — IV 197% · EM ±11.6%Sep 03 — IV 84% · EM ±3.5%Sep 07 — IV 90% · EM ±7.5%Sep 08 — IV 82% · EM ±5.9%Sep 09 — IV 54% · EM ±3.2%Sep 10 — IV 101% · EM ±4.2%Sep 14 — IV 73% · EM ±6.1%Sep 15 — IV 77% · EM ±5.6%Sep 16 — IV 110% · EM ±6.5%Sep 17 — IV 77% · EM ±3.2%Sep 21 — IV 70% · EM ±5.9%Sep 22 — IV 72% · EM ±5.2%Sep 23 — IV 79% · EM ±4.7%Sep 24 — IV 82% · EM ±3.4%Sep 28 — IV 66% · EM ±15.6%Sep 29 — IV 67% · EM ±15.5%Sep 30 — IV 82% · EM ±4.8%Oct 01 — IV 82% · EM ±3.4%Oct 06 — IV 76% · EM ±5.5%Oct 07 — IV 78% · EM ±4.6%Oct 08 — IV 83% · EM ±3.5%

Sector peers

CIEN earnings FAQ

What is CIEN's expected move for earnings?

Options currently price a move of about ±3.5%, or $11.24 per share either way from $322.64.

How does CIEN stock usually react to earnings?

Across the last 1 reports the average next-day move was ±12.9%, up 0 times and down 1 times.

What is CIEN's implied volatility?

CIEN's at-the-money implied volatility is about 83% based on the latest options snapshot.

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