Ciena stock: After-hours trading puts Ciena stock at EUR 295.30, down 8.06 percent

Published on 10/22/2026 at 18:16 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue hit USD 1.67 billion, up 37.00 percent. Ciena stock costs EUR 295.30 on October 22, 2026, down 8.06 percent versus the Tradegate close.

After-hours move reaches minus 8.06 percent

Fiscal third-quarter revenue reached USD 1.67 billion, up 37.00 percent, on September 3, 2026.
MarketBeat listed 20 analysts and an average target of USD 506.11 on October 17, 2026.
Ciena stock costs EUR 295.30 at Lang & Schwarz on October 22, 2026 at 6:10 p.m. CEST, down 8.06 percent versus the Tradegate close.

CIEN, US1717793095, Illustration mit AI erstellt.

Ciena Corporation (ISIN US1717793095) posted USD 1.67 billion in revenue for fiscal third quarter 2026, up 37.00 percent year over year, according to MarketBeat on October 19, 2026. At 6:10 p.m. CEST, the stock was trading at EUR 295.30 at Lang & Schwarz on October 22, 2026, down 8.06 percent versus the Tradegate close of October 21, 2026 at EUR 321.20.

Analysts keep a high target

MarketBeat reported on October 17, 2026 that 20 analysts covered Ciena with 14 buy ratings, five hold ratings and one strong-buy rating. The average 12-month target was USD 506.11, while the primary-market quote stood at USD 330.31 at 12:15 p.m. ET on October 22, 2026.

The target implies 53.22 percent upside to that USD 330.31 quote. The comparison is separate from the euro quotation because the target and the primary-market price are both denominated in USD.

Price position after the decline

Ciena's primary-market quote was down 8.59 percent from the previous close of USD 361.34 at the October 22, 2026 snapshot. Trading volume reached 1,984,215 shares, while the 52-week range ran from USD 164.13 to USD 637.51.

The current USD 330.31 quote sits 48.19 percent below the 52-week high and 101.26 percent above the 52-week low. The euro quotation therefore reflects a sharp after-hours move, while the longer price range remains wide.

Results and valuation in view

Adjusted earnings per share reached USD 2.11 in fiscal third quarter 2026, compared with a USD 1.73 consensus estimate, and revenue exceeded the USD 1.64 billion estimate, according to MarketBeat. The company had a P/E ratio of 73.92 and a market capitalization of USD 46.8 billion on October 22, 2026.

Ciena released its fiscal third-quarter results on September 3, 2026. Its business spans optical networking systems, routing platforms, network software and services for communications and cloud infrastructure.

Stock price after hours

Ciena stock was trading at EUR 295.30 at Lang & Schwarz on October 22, 2026 at 6:10 p.m. CEST, down 8.06 percent versus the Tradegate close of October 21, 2026 at EUR 321.20.

The further course of trading is shown by the continuously updated real-time quote of Ciena stock.