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CIEN

CienaC
NYSE / Technology Hardware & Equipment
Last Price
At close
2026-06-02
View Chart
Current thesis
Primary-source evidence is constructive but not enough for a stronger rating: fiscal Q1 2026 showed 33% revenue growth, a large EPS step-up, raised full-year guidance, and management commentary around record backlog and durable AI-driven demand. Packet news flow also shows favorable April sell-side tone around AI networking and cloud demand.
Posture
Mixed
Lead driver
Momentum
What changed
6 setup hits (3d) with net bullish as of 2026-06-02.
What can break
Competitive intensity in optical, routing, and automation remains a standing risk as customers evaluate alternatives and negotiate pricing. [#10-K-2025-12-12]
Momentum
88
Value
45
Sentiment
22
Setup hits (3d)
6 · Net Bullish
AI TargetsBase $274.00 · Bull $320.00 · Bear $220.00
Earnings
58 · Near miss
Next 2026-06-04 · BMO
Data freshness
Prices
As of 2026-06-02
Fundamentals
As of 2026-06-01 • Vendor: Data Vendor v1
Scores
As of 2026-06-02 • Model: HYBRID_IC_RP
AI Memo
As of 2026-05-04 • Model: RankAlpha Sentiment Codex
Earnings Setup
As of 2026-06-03 • RankAlpha AI
Investment thesis
As of 2026-06-02
Supporting evidence
What
Grade C · Mixed
Confidence Medium · Net Bullish
Target $273.73
Why
Momentum88 · Δ7d -5.8
Value45 · Δ7d +0.2
Sentiment22 · Δ7d 0.0
So what
Balanced signals (Net Bullish). Wait for confirmation before sizing up.
Earnings surprise screen
58Near miss2026-06-04 bmo
View setup

Ciena had real business momentum and a positive +0.99% ESP, but the tape did not clear the accumulation hurdle from the checked sources and the last-three-session close-location evidence was incomplete because reliable Jun. 2 high/low data was not recovered from the reviewed pages. That leaves it as a near miss rather than a qualified setup.

Screen as of 2026-06-03. Window 2026-06-03 to 2026-06-09.
Lead driver: Momentum · See technicals
Momentum
88
34% active weight
Current posture
7d trendSoftening
Δ7d
-5.8
Δ21d
-9.4
Value
45
32% active weight
Current posture
7d trendFlat
Δ7d
+0.2
Δ21d
+0.1
Sentiment
22
33% active weight
Current posture
7d trendFlat
Δ7d
0.0
Δ21d
0.0
Why this grade

Composite grade C. Momentum 88.1 / Value 44.8 / Sentiment 21.8

Fundamentals (TTM)
As of 2026-06-01
Market Cap
$80.54B
Beta
1.14
Shares Out
140.85M
P/E (TTM)
271.9
P/S (TTM)
6.82
P/FCF (TTM)
48.89
Rev YoY
+20.3%
EPS YoY
-47.0%
Gross Margin
+42.0%
Op Margin
+4.1%
Net Debt
$270.98M
Current Ratio
2.73
As of 2026-06-02 • Updated nightlySource: Internal modelMethodology