Stocktoria
CIENA CORP CIEN
CIENA CORP (CIEN) earns a Piotroski F-score of 7/9 (strong financial health), with an Altman Z″ in the grey zone. It does not currently pay a dividend. FY2025 revenue was $4.8B at a 2.6% net margin.
Quality score trend · recomputed for each fiscal year
Each year's score is computed from that year's filing — a rising Piotroski F or Altman Z″ means improving financial health, a fall is worth a look.
Analyst price target
Recent analyst actions
| Date | Firm | Rating |
|---|---|---|
| 2026-06-23 | Needham | Buy (reit) |
| 2026-06-05 | UBS | Neutral (main) |
| 2026-06-05 | Barclays | Overweight (main) |
| 2026-06-05 | Morgan Stanley | Equal-Weight (main) |
| 2026-06-05 | Rosenblatt | Buy (main) |
| 2026-06-05 | Needham | Buy (main) |
Wall Street analyst consensus — a sentiment gauge, not our scoring.
Forward estimates · earnings calendar →
Consensus analyst estimates and scheduled dates — forward-looking, may change.
Smart money · insiders, last 12 months
Open-market insider purchases minus sells (SEC Form 4) — real buying with their own money is a bullish “smart money” signal; grants and option exercises are excluded.
How it ranks in Manufacturing · percentile among 1957 companies
Percentile vs other Manufacturing companies we cover — e.g. “stronger than 90%” means only 10% score higher on that measure.
Piotroski F breakdown · 7/9 tests passed
- Positive return on assets
- Positive operating cash flow
- Rising ROA
- Cash flow exceeds net income
- Lower long-term debt
- Rising current ratio
- No share dilution
- Rising gross margin
- Rising asset turnover
Altman Z″ components · grey zone
| Component | Value |
|---|---|
| Working capital / assets | 0.385 |
| Retained earnings / assets | -0.541 |
| EBIT / assets | 0.034 |
| Equity / liabilities | 0.871 |
Sector peers · similar-size Manufacturing companies compare side by side →
| Ticker | Company | Piotroski F | Altman Z″ | P / E | Revenue growth |
|---|---|---|---|---|---|
| CIEN | CIENA CORP | 7/9 | 1.9 | 550.3 | +18.8% |
| FN | Fabrinet | 3/9 | 9.38 | 56.5 | +18.6% |
| ADTN | ADTRAN Holdings, Inc. | 5/9 | -0.35 | — | +17.5% |
| NTGR | NETGEAR, INC. | 5/9 | 2.49 | — | +3.8% |
| AUDC | AUDIOCODES LTD | 6/9 | 3.74 | 26.6 | +1.4% |
| CLFD | Clearfield, Inc. | 6/9 | 10.03 | — | +19.6% |
| FKWL | FRANKLIN WIRELESS CORP | 6/9 | 8.35 | — | +49.6% |
About CIENA CORP
Ciena Corporation, a network technology company, provides hardware, software, and services for various network operators in the Americas, Europe, the Middle East, Africa, the Asia Pacific, Japan, and India. It operates through Networking Platforms, Platform Software and Services, Blue Planet Automation Software and Services, and Global Services segments. The Networking Platforms segment consists optical networking, routing, and switching products and services. This segment products include the 6500 Packet-Optical Platform, Waveserver modular interconnect system, the 6500 Reconfigurable Line System, and coherent pluggable transceivers; and the 3000 family of service delivery platforms and the 5000 family of service aggregation, as well as the 8100 Coherent Routing platforms and virtualization software. The Platform Software and Services segment offers navigator network control suite; and software subscription services, consulting, network migration and integration, installation and upgrade support services, and technical support solutions. The Blue Planet Automation Software and Services segment inventory management, orchestration, route optimization and analysis, and unified assurance and analytics software; and sells subscription, installation, support, consulting, and design services related to the Blue Planet automation platform. The Global Services segment provides services for advisory and enablement, implementation, and maintenance, support, and learning activities. Ciena Corporation was incorporated in 1992 and is headquartered in Hanover, Maryland.
FAQ
Is CIEN financially healthy?
CIENA CORP's Piotroski F-score is 7/9 (8–9 is excellent, 0–3 weak), and its Altman Z″ distress score is in the grey zone.
Does CIEN pay a dividend?
No, CIENA CORP does not currently pay a dividend.
How profitable is CIEN?
In FY2025, CIENA CORP had a net margin of 2.6% and a return on equity of 4.5%.
Is CIEN overvalued or undervalued?
CIENA CORP trades at about 508.3× trailing earnings — above its 10-year norm (10-year range 2.9×–240.2×, median 26.8×). Stocktoria reports the data, not buy/sell advice.
What is the analyst price target for CIEN?
The average Wall-Street price target for CIENA CORP is $565.71, about 30.9% above the recent price, from 19 analysts (consensus: buy).
Is CIEN a good stock to buy?
Stocktoria doesn't give buy or sell advice, but here is the data on CIENA CORP: a Piotroski F-score of 7/9, an Altman Z″ in the grey zone, a P/E of about 550.3×. Weigh these quality and valuation signals against your own goals.
Computed from company filings · US · as of 2025-11-01. Facts plus Stocktoria's own computed scores — not investment advice.