Stock analysis, trade plans, and proprietary indicators by Trend Edge.
Trend Edge Setup Score
Trend Edge rates CIEN Bullish with a Setup Score of 0, net conviction 71, actionability 0. How the Setup Score works →
Total Setup Score
0
Directional Bias
Bullish
Net Conviction
71
Actionability
0 (extended)
Key signals behind this score
40wk Uptrend — rising+above (sma 343 vs px 461)
80wk Uptrend — rising+above (sma 215 vs px 461)
200wk Uptrend — rising+above (sma 116 vs px 461)
Funds Accumulating — momZ +8.62 · 9.69→12.45
Short Squeeze Setup — velZ +1.05 · age 28w×0.98 · 3.38%
Seasonal Tailwind — july med 2.9% (mag 1/3) · posClose 62.07% (rel 1/3) · n29 ×1 = 5
Founder-Led — founder/CEO led
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. Read full Trend Edge analysis →
Sector: Technology
Industry: Communication Equipment
Exchange: NYSE
IPO Date: February 7, 1997
Headquarters: 7035 Ridge Road, Hanover, MD, United States, 21076
Founder-Led: Yes — Patrick H. Nettles (Executive Chairman of the Board of Directors)
Key Metrics
Current Price
$460.72
Market Cap
$65.45B
Float
140.9M
Shares Outstanding
141.6M
P/E (Forward)
53.19
P/E (TTM)
147.24
Price/Sales (TTM)
11.75
vs. Analyst Target
+22.8% to analyst PT
Profit Margin
7.87%
Operating Margin (TTM)
15.20%
Revenue (TTM)
$5.57B
Earnings Growth (YoY)
2383.30%
Dividend Rate
None
Analyst Target Price
$565.71 (16 analysts)
Financial History
Annual Revenue & Earnings History
Year
Revenue
Net Income
Gross Profit
EBITDA
2020
$3.53B
$361M
$1.65B
$620M
2021
$3.62B
$500M
$1.72B
$626M
2022
$3.63B
$153M
$1.56B
$376M
2023
$4.39B
$255M
$1.88B
$559M
2024
$4.01B
$84.0M
$1.72B
$352M
2025
$4.77B
$123M
$2.00B
$388M
Recent Quarterly Revenue & Net Income
Quarter
Revenue
Net Income
Jul 2025
$1.22B
$50.3M
Oct 2025
$1.35B
$19.5M
Jan 2026
$1.43B
$150M
Apr 2026
$1.57B
$218M
Ownership & Float
Insider Ownership
0.7%
Institutional Ownership
97.5%
Short Float
3.4%
% of All Funds Holding
12.45%
Number of Funds Holding
1,023
Current Moving Averages
Trend Edge tracks near-term, medium-term, cyclical, and secular moving averages across weekly and monthly timeframes to identify trend structure at every horizon.
Timeframe
SMA
Value
Trend Context
Weekly
10-Week SMA
$499.16
Near-term / short-term trend
Weekly
40-Week SMA
$343.43
Medium-term trend
Weekly
80-Week SMA
$214.68
Cyclical trend (business cycle)
Weekly
200-Week SMA
$116.08
Secular trend (multi-year)
Monthly
10-Month SMA
$367.58
Near-term monthly trend
Monthly
20-Month SMA
$227.44
Medium-term monthly trend
Monthly
40-Month SMA
$139.09
Secular monthly trend
Volume Shelves — Support & Resistance
Trend Edge identifies volume shelves: price zones where historically elevated trading volume
creates structural support or resistance. A volume shelf forms when a disproportionate share of cumulative
volume was transacted at a specific price level, making it a high-conviction anchor for future price reactions.
Price Level
Type
Volume Ratio
Age
$559.00
resistance
1.36x
0 months ago
$248.00
support
1.53x
4 months ago
$195.00
support
1.18x
6 months ago
$145.00
support
1.09x
8 months ago
$93.00
support
1.44x
9 months ago
Historical Earnings Reactions (117 events)
Timeframe
Avg Return
Median
Win Rate
Best
Worst
Gap
0.03%
0.14%
52.14%
9.69%
-22.15%
1 Day
-1.03%
-1.04%
38.46%
15.03%
-27.74%
1 Week
-0.34%
-0.76%
44.44%
33.53%
-27.85%
2 Weeks
0.75%
-0.63%
45.30%
55.15%
-27.47%
1 Month
0.72%
0.63%
52.59%
65.06%
-44.14%
Next earnings: August 23, 2026 (41 days away)
Seasonality & Day-of-Week Patterns
Monthly Seasonality
Month
Avg Return
Win Rate
Samples
Jan
3.4%
58.6%
29
Feb
5.6%
55.2%
29
Mar
-3.0%
43.3%
30
Apr
5.4%
53.3%
30
May
2.5%
50.0%
30
Jun
0.4%
56.7%
30
Jul
1.0%
62.1%
29
Aug
-3.3%
48.3%
29
Sep
-3.2%
44.8%
29
Oct
4.6%
51.7%
29
Nov
6.4%
69.0%
29
Dec
5.4%
58.6%
29
Day-of-Week Tendencies
Day
Avg Return
Win Rate
Samples
Monday
-0.19%
46.3%
1390
Tuesday
0.07%
48.3%
1519
Wednesday
0.21%
50.3%
1519
Thursday
0.26%
50.7%
1488
Friday
0.15%
51.8%
1479
Top Institutional Holders
Institutional holder breakdown coming soon.
Total institutional ownership: 97.5%
Insider Transactions — Smart Summary
Total insider ownership: 0.7%
Founder-led management: Patrick H. Nettles (Executive Chairman of the Board of Directors)
Trend Edge's AI Consult feature delivers a comprehensive, multi-layer trade plan for Ciena Corp
(CIEN) powered by Claude Opus — Anthropic's most capable AI model.
The analysis covers five layers:
technical analysis (near-term, medium-term, cyclical, and secular trend, momentum,
volume shelf support and resistance, breakout and breakdown signals),
qualitative analysis (business model, competitive moat, sector dynamics),
insider sentiment (buy and sell signals from executive and director transactions),
share stats analysis (institutional accumulation, fund positioning, short float squeeze potential), and
fundamental analysis (valuation, revenue growth, profit margin, earnings quality).
AI Consult synthesizes all five layers into a single bullish or bearish thesis with explicit entry, exit,
stop loss, and take profit levels — giving you a complete, AI-powered trade plan with defined risk/reward.
Whether you are building a long position, initiating a short, or looking for a reversal setup,
AI Consult identifies the highest-probability signal from the current trend.