US · Technology · Communication Equipment
EPS came in at 1.91 against a street estimate of 1.46 — a beat of 30.8%.
Analysts rate Ciena Corp a buy (16 buy, 5 hold, 0 sell out of 21) with an average price target of $512.99.
CONFIDENT Ciena delivered record Q3 results (37% YoY revenue growth, 22.5% operating margin) driven by AI-driven network demand. Backlog doubled to $8.5B; company projects $10B+ exit and $8.3–8.4B FY27 revenue (30%+ growth). Supply constraints, not demand, limit near-term upside. Q3 FY26 Call did not provide geographic segment breakdown or regional performance data. Analysts pressed on backlog quality (forward-buying vs. real demand), pricing elasticity (escalators, timelines), and supplier diversification. Management affirmed genuine demand via order acceleration and install metrics; value exchange pricing is backlog-agnostic (payment upon delivery); supply chain being actively broadened. 2026-09-03…
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| Fund | Stake |
|---|---|
| FMR Inc | 13.48% |
| BlackRock Inc | 8.97% |
| JPMorgan Chase & Co | 7.90% |
| Vanguard Capital Management, LLC | 6.51% |
| Vanguard Portfolio Management, LLC | 5.42% |
| State Street Corp | 4.71% |
| T. Rowe Price Associates, Inc. | 2.87% |
| Geode Capital Management, LLC | 2.38% |
| Document | Date |
|---|---|
| Quarterly report · Q4 FY2026 CIENA CORPORATION – Q3 FISCAL 2026 10-Q SUMMARY --- HEADLINE NUMBERS • Total Revenue (9 months ended Aug 1, 2026): $4,668,910k ($4.67B), up 36.6% v | 2026-09-03 |
| Results announced · Q4 FY2026 CIENA CORPORATION – FISCAL Q3 2026 EARNINGS SUMMARY HEADLINE NUMBERS • Q3 2026 Revenue: $1.67 billion, up 37% year-over-year from $1.22 billion in Q | 2026-09-03 |
| Material agreement · Q3 FY2026 CIENA CORPORATION – 8-K SUMMARY (June 11, 2026) HEADLINE NUMBERS • Convertible notes issued: $2.875 billion aggregate principal amount of 0.00% Conv | 2026-06-11 |
| Company announcement · Q3 FY2026 CIENA CORPORATION – 8-K SUMMARY HEADLINE NUMBERS • Company announcing $2.0 billion convertible senior notes offering due 2031 • Additional $300 mill | 2026-06-08 |
| Quarterly report · Q3 FY2026 CIENA CORPORATION - FORM 10-Q SUMMARY Quarter & Six Months Ended May 2, 2026 --- HEADLINE NUMBERS • Q2 2026 Total Revenue: $1,570.7 million (up 39. | 2026-06-04 |
| Results announced · Q3 FY2026 CIENA CORPORATION – FISCAL Q2 2026 EARNINGS SUMMARY HEADLINE NUMBERS • Q2 FY2026 Revenue: $1.57 billion, up 40% year-over-year (vs. $1.13 billion in | 2026-06-04 |
| Quarterly report · Q1 FY2026 CIENA CORPORATION – Q1 FISCAL 2026 10-Q SUMMARY HEADLINE NUMBERS • Total revenue: $1,427.0 million (Q1 FY2026) vs. $1,072.3 million (Q1 FY2025) — +3 | 2026-03-05 |
| Proxy statement · Q2 FY2026 CIENA CORPORATION DEF 14A SUMMARY FOR RETAIL INVESTORS --- CEO COMPENSATION & CHANGES • CEO Gary B. Smith's fiscal 2025 total compensation: Not spe | 2026-02-12 |
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Open in the appGoogle PlayApp StoreData updated 2026-10-19.