Ciena (CIEN) Expected to Announce Earnings on Thursday

Ciena (NYSE:CIEN) is expected to be posting its Q1 2026 results before the market opens on Thursday, March 5th. Analysts expect Ciena to post earnings of $1.13 per share and revenue of $1.3953 billion for the quarter. Individuals can check the company’s upcoming Q1 2026 earning summary page for the latest details on the call scheduled for Thursday, March 5, 2026 at 8:30 AM ET.

Ciena (NYSE:CIEN) last released its quarterly earnings results on Thursday, December 11th. The communications equipment provider reported $0.91 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.76 by $0.15. Ciena had a return on equity of 8.38% and a net margin of 2.59%.The firm had revenue of $1.35 billion for the quarter, compared to the consensus estimate of $1.29 billion. During the same quarter last year, the business posted $0.54 EPS. The company’s revenue for the quarter was up 20.1% on a year-over-year basis. On average, analysts expect Ciena to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Ciena Stock Up 3.0%

Shares of Ciena stock opened at $353.00 on Thursday. The firm has a market cap of $49.94 billion, a PE ratio of 415.30, a P/E/G ratio of 1.92 and a beta of 1.13. The business’s 50 day simple moving average is $261.32 and its 200 day simple moving average is $194.23. The company has a debt-to-equity ratio of 0.56, a quick ratio of 2.09 and a current ratio of 2.73. Ciena has a 52-week low of $49.21 and a 52-week high of $365.90.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on CIEN shares. Raymond James Financial set a $240.00 price objective on shares of Ciena in a report on Thursday, December 11th. Zacks Research lowered shares of Ciena from a “strong-buy” rating to a “hold” rating in a research note on Monday, February 9th. JPMorgan Chase & Co. boosted their price target on shares of Ciena from $215.00 to $250.00 and gave the stock an “overweight” rating in a research report on Friday, December 12th. Evercore set a $330.00 price objective on Ciena in a report on Thursday, February 19th. Finally, Stifel Nicolaus upped their target price on Ciena to $280.00 and gave the stock a “buy” rating in a report on Thursday, January 22nd. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and eight have assigned a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $252.13.

Insider Buying and Selling at Ciena

In related news, Director Thomas Michael Nevens sold 8,554 shares of the company’s stock in a transaction dated Monday, December 15th. The shares were sold at an average price of $224.66, for a total value of $1,921,741.64. Following the transaction, the director owned 9,422 shares in the company, valued at approximately $2,116,746.52. This represents a 47.59% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Patrick Gallagher sold 11,618 shares of the stock in a transaction dated Monday, January 12th. The shares were sold at an average price of $227.45, for a total transaction of $2,642,514.10. Following the completion of the transaction, the director directly owned 50,184 shares in the company, valued at approximately $11,414,350.80. This represents a 18.80% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 160,083 shares of company stock worth $37,204,740. 0.58% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Ciena

A number of hedge funds and other institutional investors have recently made changes to their positions in CIEN. Virtu Financial LLC bought a new stake in shares of Ciena during the 4th quarter worth $259,000. Invesco Ltd. lifted its holdings in shares of Ciena by 22.6% in the fourth quarter. Invesco Ltd. now owns 1,518,841 shares of the communications equipment provider’s stock worth $355,211,000 after acquiring an additional 280,096 shares during the last quarter. Rare Wolf Capital LLC acquired a new stake in shares of Ciena in the 4th quarter valued at approximately $279,000. Mercer Global Advisors Inc. ADV grew its holdings in shares of Ciena by 18.0% during the 4th quarter. Mercer Global Advisors Inc. ADV now owns 28,612 shares of the communications equipment provider’s stock valued at $6,691,000 after purchasing an additional 4,364 shares during the last quarter. Finally, Vident Advisory LLC grew its holdings in shares of Ciena by 7.0% during the 4th quarter. Vident Advisory LLC now owns 6,814 shares of the communications equipment provider’s stock valued at $1,594,000 after purchasing an additional 447 shares during the last quarter. 91.99% of the stock is currently owned by institutional investors and hedge funds.

About Ciena

Ciena Corporation (NYSE: CIEN) is a global supplier of telecommunications networking equipment, software and services. The company develops high-capacity optical transport systems and packet-optical platforms that enable service providers, cloud operators and large enterprises to build, manage and scale their networks. Ciena’s product portfolio includes coherent optical solutions, packet networking platforms and a suite of network automation software designed to optimize bandwidth, reduce latency and simplify network operations.

In addition to hardware offerings, Ciena provides professional services and support, including network design, implementation and ongoing maintenance.