PerpEquities

Equity · Technology

Ciena Corporation (CIEN) perpetual futures

CIEN perpetual futures on 16 crypto exchanges – live perp price vs the stock, funding rate, open interest and where to trade CIENUSDT.

Ciena Corporation provides telecommunications networking hardware, software, and services for efficient data transmission globally.

$347.25-3.6%NYSE closed
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Collecting venue price data...
venue perp mark · Deepcoin (CIEN/USDT)
Auto: highest-volume live perp venueOpen in TradingView

Trading data

Perpetual market activity

16/16 live markets
Venues
16
Live markets
16/16
24h volume
$6.1MCoverage: 13/16 marketsExchange-reported volume: $10.2M
Open interest
$20.9MCoverage: 13/16 markets
Best liquidity
$13.8M
LBank
Tightest spread
+0.3 bps
Bitunix
Highest volume
$2.9M
Deepcoin
Settlement mix
USDT · 14/16
Perp/spot vol.
0.01x
Spot volume $635.5M
OI / float
+0.04%
Float $48.9B
Spot performance
1D-3.56%
5D-6.63%
1M-9.05%
6M-14.30%
YTD+47.17%
1Y+138.82%

Venue matrix

16 markets

Some venue links are sponsored. We may receive a commission, and eligible users may occasionally receive trading-fee discounts, at no additional cost to you.

Trade
DeepcoinTradeCIEN/USDTTrading$347.29-11.0% APR
-0.010% every 8h
+8.1 bps$16.8K$2.9M-USDT25x
LBankTradeCIEN/USDTTrading$347.250.0% APR
0.000% every 8h
+0.6 bps$13.8M$1.2M-USDT50x
BinanceTradeCIEN/USDTTrading$347.250.0% APR
0.000% every 8h
+0.3 bps-$890.9K$488.8KUSDT-
OurbitTradeCIEN/USDTTrading$347.390.0% APR
0.000% every 8h
+8.6 bps$53.9K$421.9K$111.2KUSDT20x
XT.comTradeCIEN/USDTTrading$347.47+11.0% APR
+0.010% every 8h
+8.6 bps$127.4K$182.9K$18.2MUSDT20x
BitgetTradeCIEN/USDTTrading$347.190.0% APR
0.000% every 8h
+6.6 bps-$143.2K$228.6KUSDT20x
BitunixTradeCIEN/USDTTrading$347.24+1.5% APR
+0.00135% every 8h
+0.3 bps$185.4K$122.6K-USDT20x
MEXCTradeCIEN/USDTTrading$347.26-242.2% APR
-0.221% every 8h
+38.0 bps$651.2K$111.2K$1.2MUSDT20x
OKXTradeCIEN/USDTTrading$347.020.0% APR
0.000% every 8h
+17.3 bps$16.6K$61.2K$128.7KUSDT20x
HTXTradeCIEN/USDTTrading$347.99+11.0% APR
+0.010% every 8h
+104.8 bps$250.1K$60.9K$8.5KUSDT-
Gate.ioTradeCIEN/USDTTrading$347.100.0% APR
0.000% every 8h
+23.0 bps$18.9K$11.8K$262.3KUSDT20x
Hyperliquid HIP-3Tradepara:CIENTrading$347.94+6.6% APR
+0.00075% every 1h
+143.4 bps$85.2K$4.4K$62.9KUSDC10x
Crypto.com ExchangeTradeCIEN/USDTrading$347.12+62.6% APR
+0.00714% every 1h
+22.5 bps$3.6K$2.7K$145.8USD50x
KuCoinTradeCIEN/USDTTrading$347.520.0% APR
0.000% every 8h
+17.0 bps$3.8K$1.7M⚠$107.7KUSDT20x
BingXTradeCIEN-USDTTrading$347.28+5.5% APR
+0.00500% every 8h
+26.8 bps$179.1K$1.2M⚠$3.4KUSDT-
BybitTradeCIEN/USDTTrading$347.410.0% APR
0.000% every 8h
+12.1 bps$21.9K$1.2M⚠$153.1KUSDT25x

Unverified volume: implausibly high against open interest, a typical sign of wash trading. These venues are listed last.

Tradability

Execution quality

Entry cost and depth per venue at $1k–$100k

Broad liquidity · 11 of 16 venues absorb $10k · Typical cost: +17.3 bps – +55.1 bps

Cheapest execution: LBank · +6.4 bps

Too thin: KuCoin, Crypto.com Exchange

No fresh book data: HTX, Hyperliquid HIP-3, Bitget

Taker execution estimate incl. approx. fees - maker fills are not guaranteed.

Best venues for this underlying

Best liquidity

CIEN

Tightest spread

CIEN

Highest volume

CIEN

Funding history

Stored venue snapshots by market

Company data

Company fundamentals

Updated 6h ago
Market cap
$48.7B
Updated 6h ago
Revenue
$6B
Trailing 12 months
Revenue growth
+35%
Next fiscal year
Profit margin
+10.9%
P/E
74.5
Peer P/E 18.2
Free cash flow
$719M
Trailing 12 months
More metrics
Net income
$654.4M
Trailing 12 months
P/S
8.1
Peer P/E
18.2
Similar listed perps
Revenue estimate
$6.4B
Next fiscal year
Earnings
2026-12-10
Revenue est. $1.8B · Updated 6h ago
Dividend
-

Fundamental detail

Annual + quarterly
Latest revenue$4.8B
Net margin+2.6%
Free cash flow$665.3M
Net debt$490.3M
2020$3.5B
2021$3.6B
2022$3.6B
2023$4.4B
2024$4B
2025$4.8B
PeriodRevenueGrowthNet incomeFCF
2020$3.5B-1%$361.3M$411M
2021$3.6B+3%$500.2M$462.1M
2022$3.6B0%$152.9M-$258.6M
2023$4.4B+21%$254.8M$62.1M
2024$4B-8%$84M$377.9M
2025$4.8B+19%$123.3M$665.3M
PeriodGross marginOperating marginNet marginROEROA
2020+46.8%+13.8%+10.2%+14.4%+8.6%
2021+47.6%+13.7%+13.8%+16.6%+10.3%
2022+43.0%+7.1%+4.2%+5.6%+3.0%
2023+42.8%+8.8%+5.8%+8.9%+4.5%
2024+42.8%+4.8%+2.1%+3.0%+1.5%
2025+42.0%+6.5%+2.6%+4.5%+2.1%
PeriodCashDebtNet debtCurrent ratio
2020$1.1B$828.1M-$260.5M3.42
2021$1.4B$803.7M-$618.9M3.48
2022$994.4M$1.2B$192M3.25
2023$1B$1.7B$646.5M3.81
2024$934.9M$1.6B$697.4M3.52
2025$1.1B$1.6B$490.3M2.73
PeriodMarket capEnterprise valueP/SP/E
2020$6.1B$5.8B1.716.8
2021$8.4B$7.8B2.316.9
2022$7.3B$7.5B2.047.8
2023$6.1B$6.8B1.424.0
2024$9.3B$10B2.3110.3
2025$27B$27.5B5.7218.3
Q4 2024$1.1B
Q1 2025$1.1B
Q2 2025$1.1B
Q3 2025$1.2B
Q4 2025$1.4B
Q1 2026$1.4B
Q2 2026$1.6B
Q3 2026$1.7B
PeriodRevenueGrowthNet incomeFCF
Q4 2024$1.1B0%$37M$265.8M
Q1 2025$1.1B+3%$44.6M$76.8M
Q2 2025$1.1B+19%$9M$128.2M
Q3 2025$1.2B+29%$50.3M$230M
Q4 2025$1.4B+20%$19.5M$230.3M
Q1 2026$1.4B+33%$150.3M$153.8M
Q2 2026$1.6B+40%$218.2M$218.7M
Q3 2026$1.7B+37%$266.4M$116.3M
PeriodGross marginOperating marginNet marginROEROA
Q4 2024+40.9%+5.3%+3.3%+1.3%+0.7%
Q1 2025+44.0%+7.7%+4.2%+1.6%+0.8%
Q2 2025+40.2%+3.1%+0.8%+0.3%+0.2%
Q3 2025+41.3%+6.2%+4.1%+1.8%+0.9%
Q4 2025+42.7%+8.8%+1.4%+0.7%+0.3%
Q1 2026+43.8%+13.4%+10.5%+5.4%+2.6%
Q2 2026+44.0%+15.1%+13.9%+7.5%+3.6%
Q3 2026+45.4%+18.0%+15.9%+8.7%+3.3%
PeriodCashDebtNet debtCurrent ratio
Q4 2024$934.9M$1.6B$697.4M3.52
Q1 2025$874.7M$1.6B$703.7M3.65
Q2 2025$949.8M$1.6B$638.9M3.40
Q3 2025$1.1B$1.6B$531.3M3.28
Q4 2025$1.1B$1.6B$490.3M2.73
Q1 2026$1.1B$1.6B$465.3M2.81
Q2 2026$1B$1.6B$535.5M2.73
Q3 2026$2.4B$237.2M-$2.2B3.80
PeriodMarket capEnterprise valueP/SP/E
Q4 2024$9.3B$10B8.261.5
Q1 2025$12.5B$13.2B11.670.3
Q2 2025$10.4B$11B9.2289.5
Q3 2025$12.6B$13.1B10.363.3
Q4 2025$26.9B$27.4B19.9339.1
Q1 2026$35.7B$36.1B25.059.4
Q2 2026$76B$76.5B48.486.9
Q3 2026$53.6B$51.4B32.150.1

Refreshed 6h ago

Charts: revenue, profit, cash flow & valuation
Revenue$1.7BQ3 2026
$417.8M$835.6M$1.3B$1.7BQ4 2023: $1.1BQ1 2024: $1BQ2 2024: $942.3MQ3 2024: $942.3MQ4 2024: $1.1BQ1 2025: $1.1BQ2 2025: $1.1BQ3 2025: $1.2BQ4 2025: $1.4BQ1 2026: $1.4BQ2 2026: $1.6BQ3 2026: $1.7BQ4 2023Q3 2026
Net income$266.4MQ3 2026
$66.6M$133.2M$199.8M$266.4MQ4 2023: $91.2MQ1 2024: $49.5MQ2 2024: $14.2MQ3 2024: $14.2MQ4 2024: $37MQ1 2025: $44.6MQ2 2025: $9MQ3 2025: $50.3MQ4 2025: $19.5MQ1 2026: $150.3MQ2 2026: $218.2MQ3 2026: $266.4MQ4 2023Q3 2026
EBITDA$365.1MQ3 2026
$91.3M$182.6M$273.8M$365.1MQ4 2023: $131.4MQ1 2024: $128.1MQ2 2024: $74.5MQ3 2024: $74.5MQ4 2024: $107.2MQ1 2025: $125.5MQ2 2025: $76.4MQ3 2025: $124.3MQ4 2025: $62.2MQ1 2026: $246.2MQ2 2026: $298.1MQ3 2026: $365.1MQ4 2023Q3 2026
Free cash flow$116.3MQ3 2026
-$67.8M$43.4M$154.6M$265.8MQ4 2023: $172.7MQ1 2024: $247.1MQ2 2024: $41.4MQ3 2024: -$179MQ4 2024: $265.8MQ1 2025: $76.8MQ2 2025: $128.2MQ3 2025: $230MQ4 2025: $230.3MQ1 2026: $153.8MQ2 2026: $218.7MQ3 2026: $116.3MQ4 2023Q3 2026
EPS$1.83Q3 2026
$0.46$0.92$1.37$1.83Q4 2023: $0.62Q1 2024: $0.34Q2 2024: $0.1Q3 2024: $0.1Q4 2024: $0.25Q1 2025: $0.31Q2 2025: $0.06Q3 2025: $0.35Q4 2025: $0.13Q1 2026: $1.03Q2 2026: $1.49Q3 2026: $1.83Q4 2023Q3 2026
Cash / Debt$2.4BQ3 2026
$611.4M$1.2B$1.8B$2.4BQ4 2023 · Cash: $1BQ4 2023 · Debt: $1.7BQ1 2024 · Cash: $1.3BQ1 2024 · Debt: $1.6BQ2 2024 · Cash: $1.1BQ2 2024 · Debt: $1.6BQ3 2024 · Cash: $883.4MQ3 2024 · Debt: $1.6BQ4 2024 · Cash: $934.9MQ4 2024 · Debt: $1.6BQ1 2025 · Cash: $874.7MQ1 2025 · Debt: $1.6BQ2 2025 · Cash: $949.8MQ2 2025 · Debt: $1.6BQ3 2025 · Cash: $1.1BQ3 2025 · Debt: $1.6BQ4 2025 · Cash: $1.1BQ4 2025 · Debt: $1.6BQ1 2026 · Cash: $1.1BQ1 2026 · Debt: $1.6BQ2 2026 · Cash: $1BQ2 2026 · Debt: $1.6BQ3 2026 · Cash: $2.4BQ3 2026 · Debt: $237.2MQ4 2023Q3 2026
CashDebt
Profitability+45.4%Q3 2026
+11.4%+22.7%+34.1%+45.4%Q4 2023 · Gross margin: +43.1%Q1 2024 · Gross margin: +45.0%Q2 2024 · Gross margin: +42.9%Q3 2024 · Gross margin: +42.9%Q4 2024 · Gross margin: +40.9%Q1 2025 · Gross margin: +44.0%Q2 2025 · Gross margin: +40.2%Q3 2025 · Gross margin: +41.3%Q4 2025 · Gross margin: +42.7%Q1 2026 · Gross margin: +43.8%Q2 2026 · Gross margin: +44.0%Q3 2026 · Gross margin: +45.4%Q4 2023 · Operating margin: +8.1%Q1 2024 · Operating margin: +8.2%Q2 2024 · Operating margin: +2.8%Q3 2024 · Operating margin: +2.8%Q4 2024 · Operating margin: +5.3%Q1 2025 · Operating margin: +7.7%Q2 2025 · Operating margin: +3.1%Q3 2025 · Operating margin: +6.2%Q4 2025 · Operating margin: +8.8%Q1 2026 · Operating margin: +13.4%Q2 2026 · Operating margin: +15.1%Q3 2026 · Operating margin: +18.0%Q4 2023 · Net margin: +8.1%Q1 2024 · Net margin: +4.8%Q2 2024 · Net margin: +1.5%Q3 2024 · Net margin: +1.5%Q4 2024 · Net margin: +3.3%Q1 2025 · Net margin: +4.2%Q2 2025 · Net margin: +0.8%Q3 2025 · Net margin: +4.1%Q4 2025 · Net margin: +1.4%Q1 2026 · Net margin: +10.5%Q2 2026 · Net margin: +13.9%Q3 2026 · Net margin: +15.9%Q4 2023Q3 2026
Gross marginOperating marginNet margin
Revenue growth+37.0%Q3 2026
+1.1%+13.9%+26.7%+39.5%Q3 2024: -11.8%Q4 2024: -0.5%Q1 2025: +3.3%Q2 2025: +19.5%Q3 2025: +29.4%Q4 2025: +20.3%Q1 2026: +33.1%Q2 2026: +39.5%Q3 2026: +37.0%Q4 2023Q3 2026
Shares outstanding146MQ3 2026
37M73.9M110.9M147.9MQ4 2023: 147.9MQ1 2024: 145.8MQ2 2024: 144.9MQ3 2024: 145.4MQ4 2024: 146MQ1 2025: 145.9MQ2 2025: 145MQ3 2025: 144.5MQ4 2025: 145.5MQ1 2026: 145.8MQ2 2026: 146.3MQ3 2026: 146MQ4 2023Q3 2026
Valuation50.1Q3 2026
84.8169.6254.4339.1Q4 2023 · P/E: 17.0Q1 2024 · P/E: 37.8Q2 2024 · P/E: 116.5Q3 2024 · P/E: 127.3Q4 2024 · P/E: 61.5Q1 2025 · P/E: 70.3Q2 2025 · P/E: 289.5Q3 2025 · P/E: 63.3Q4 2025 · P/E: 339.1Q1 2026 · P/E: 59.4Q2 2026 · P/E: 86.9Q3 2026 · P/E: 50.1Q4 2023 · P/S: 5.5Q1 2024 · P/S: 7.2Q2 2024 · P/S: 7.2Q3 2024 · P/S: 7.7Q4 2024 · P/S: 8.2Q1 2025 · P/S: 11.6Q2 2025 · P/S: 9.2Q3 2025 · P/S: 10.3Q4 2025 · P/S: 19.9Q1 2026 · P/S: 25.0Q2 2026 · P/S: 48.4Q3 2026 · P/S: 32.1Q4 2023Q3 2026
P/EP/S
Revenue$4.8B2025
$1.2B$2.4B$3.6B$4.8B2018: $3.1B2019: $3.6B2020: $3.5B2021: $3.6B2022: $3.6B2023: $4.4B2024: $4B2025: $4.8B20182025
Net income$123.3M2025
-$133.5M$77.8M$289M$500.2M2018: -$344.7M2019: $253.4M2020: $361.3M2021: $500.2M2022: $152.9M2023: $254.8M2024: $84M2025: $123.3M20182025
EBITDA$388.4M2025
$156.6M$313.2M$469.8M$626.4M2018: $314.1M2019: $473.4M2020: $619.8M2021: $626.4M2022: $375.7M2023: $558.9M2024: $351.9M2025: $388.4M20182025
Free cash flow$665.3M2025
-$27.6M$203.4M$434.3M$665.3M2018: $161.6M2019: $350.6M2020: $411M2021: $462.1M2022: -$258.6M2023: $62.1M2024: $377.9M2025: $665.3M20182025
EPS$0.852025
-$1$0.4$1.79$3.192018: -$2.42019: $1.612020: $2.322021: $3.192022: $12023: $1.712024: $0.582025: $0.8520182025
Cash / Debt$1.1B2025
$414.3M$828.6M$1.2B$1.7B2018 · Cash: $745.4M2018 · Debt: $693.5M2019 · Cash: $904M2019 · Debt: $755.5M2020 · Cash: $1.1B2020 · Debt: $828.1M2021 · Cash: $1.4B2021 · Debt: $803.7M2022 · Cash: $994.4M2022 · Debt: $1.2B2023 · Cash: $1B2023 · Debt: $1.7B2024 · Cash: $934.9M2024 · Debt: $1.6B2025 · Cash: $1.1B2025 · Debt: $1.6B20182025
CashDebt
Profitability+42.0%2025
+3.5%+18.2%+32.9%+47.6%2018 · Gross margin: +42.5%2019 · Gross margin: +43.2%2020 · Gross margin: +46.8%2021 · Gross margin: +47.6%2022 · Gross margin: +43.0%2023 · Gross margin: +42.8%2024 · Gross margin: +42.8%2025 · Gross margin: +42.0%2018 · Operating margin: +7.4%2019 · Operating margin: +9.7%2020 · Operating margin: +13.8%2021 · Operating margin: +13.7%2022 · Operating margin: +7.1%2023 · Operating margin: +8.8%2024 · Operating margin: +4.8%2025 · Operating margin: +6.5%2018 · Net margin: -11.1%2019 · Net margin: +7.1%2020 · Net margin: +10.2%2021 · Net margin: +13.8%2022 · Net margin: +4.2%2023 · Net margin: +5.8%2024 · Net margin: +2.1%2025 · Net margin: +2.6%20182025
Gross marginOperating marginNet margin
Revenue growth+18.8%2025
-1.2%+6.1%+13.4%+20.8%2019: +15.4%2020: -1.1%2021: +2.5%2022: +0.3%2023: +20.8%2024: -8.5%2025: +18.8%20182025
Shares outstanding145.2M2025
39.4M78.8M118.2M157.6M2018: 143.7M2019: 157.6M2020: 156M2021: 156.7M2022: 152.2M2023: 149.4M2024: 146M2025: 145.2M20182025
Valuation218.32025
45.2102.9160.6218.32018 · P/E: -12.62019 · P/E: 22.82020 · P/E: 16.82021 · P/E: 16.92022 · P/E: 47.82023 · P/E: 24.02024 · P/E: 110.32025 · P/E: 218.32018 · P/S: 1.42019 · P/S: 1.62020 · P/S: 1.72021 · P/S: 2.32022 · P/S: 2.02023 · P/S: 1.42024 · P/S: 2.32025 · P/S: 5.720182025
P/EP/S

Next catalyst

Catalysts

Earnings
2026-12-10
Revenue est. $1.8B · Updated 6h ago

No unusual perp activity right now.

Research data

Analysts, filings and peer context

Estimates

6
DateEPS estimateRevenue estimateGrowthAnalysts
FY 20267.17$6.4B+35%11
FY 202711.78$8.4B+77%8
FY 202817.31$10.9B+128%6
FY 202921.95$13.4B+182%2
Q1 20272.37$1.8B+29%10
Q1 20272.00$1.8B+24%5

Company events

6
2026-12-10EarningsActual - / Estimate 2.05-
2026-09-03Earnings · Before market openActual 2.11 / Estimate 1.73Beat
2026-06-04EarningsActual 1.64 / Estimate 1.46Beat
2026-03-05EarningsActual 1.35 / Estimate 1.17Beat
2025-12-11EarningsActual 0.91 / Estimate 0.78Beat
2025-09-04EarningsActual 0.67 / Estimate 0.53Beat

Peer comparison

Similar listed perps

FMP company data

Company intelligence

Updated: Sep 27, 2026, 01:59 PM UTC

Company profile

Sector
Technology
Industry
Communication Equipment
Chief executive
Gary Smith
Employees
8,989
IPO date
Feb 7, 1997
Country
US
Exchange
New York Stock Exchange
Website
Altman Z-scorei7.35
Piotroski scorei8/9
FMP ratingiB+
Owner earningsi$148.75M$1.02 per share
ESG risk ratingiBIndustry rank: 16 out of 56

Rating factors

Return on equityi
5
Return on assetsi
4
Debt to equityi
4
Price to earningsi
1
Price to booki
1
Market cap history
$50.70B-25.4%Jun 26 – Sep 26
$45.41B$56.70B$67.98BHigh: $67.98B · 2026-06-29Low: $45.41B · 2026-09-14Latest: $50.70B · 2026-09-25Jun 26Jul 26Aug 26Sep 26
Latest: $50.70B · 2026-09-25High: $67.98B · 2026-06-29Low: $45.41B · 2026-09-14
Largest fund holders
FundWeightShares held
ANNPX1.3%20.8M
AIO1.19%13.2M
BALPX0.21%10.8M
FDGRX2.35%6.1M
NCV0.76%4.6M
VTI0.07%4.5M
NFJ0.26%4.2M
VOO0.08%3.8M
NIE1.39%3.7M
NCZ0.77%3.6M
VO0.52%3.1M
ACV0.86%2.8M

Analyst track record

How the analysts covering CIEN have done: ratings, price-target accuracy and the measured reaction after their calls.

12 months3 years
Ratings107263
Analysts1923
Buy / hold / sell72 / 34 / 1177 / 80 / 6
Upgrades / downgrades / initiations6 / 2 / 213 / 10 / 7
Price targets hit / missed47 / 59 (44%)201 / 59 (77%)
Avg. return after a rating (TipRanks)+10.4%+235.7%
Best / worst call+258.4% / -50.2%+743.4% / -50.2%

After buy calls on this stock: median 21-day move +6.5% vs S&P 500 +3.3% (n = 162)

Most accurate on this stock

Share of an analyst's price targets on this stock that the price reached within 12 months (our measurement over the last 3 years, at least 8 targets). It describes past calls, not the odds of the current one.

  1. Samik ChatterjeeJ.P. Morgan100% hit rate on this stock · 13 targets measuredBuytarget $635Jun 5, 2026
  2. Ruben RoyStifel Nicolaus100% hit rate on this stock · 11 targets measuredBuytarget $615Sep 22, 2026
  3. Ryan KoontzNeedham100% hit rate on this stock · 11 targets measuredBuytarget $520Sep 17, 2026

Latest ratings

DateAnalystCallTarget
Sep 22, 2026Ruben RoyStifel NicolausBuyMaintained$615
Sep 22, 2026Ruben RoyStifel NicolausBuyMaintained$615
Sep 21, 2026Amit DaryananiEvercore ISIBuyUpgraded$550
Sep 21, 2026Amit DaryananiEvercore ISIBuyUpgraded$550
Sep 16, 2026Tal LianiBank of America SecuritiesBuyReiterated$550
Consensus over the last 12 months buy hold sell avg. target month-end close
Monthly buy, hold and sell shares of analyst ratings with the average price target and the month-end close$200$300$400$500$600Oct 25 · Buy 10 · Hold 5 · Sell 1Oct 25Nov 25 · Buy 11 · Hold 5 · Sell 1Dec 25 · Buy 11 · Hold 6 · Sell 1Dec 25Jan 26 · Buy 9 · Hold 7 · Sell 1Feb 26 · Buy 9 · Hold 7 · Sell 1Feb 26Mar 26 · Buy 11 · Hold 6 · Sell 0Apr 26 · Buy 10 · Hold 5 · Sell 0Apr 26May 26 · Buy 10 · Hold 6 · Sell 0Jun 26 · Buy 10 · Hold 6 · Sell 0Jun 26Jul 26 · Buy 10 · Hold 6 · Sell 0Aug 26 · Buy 11 · Hold 5 · Sell 0Aug 26Sep 26 · Buy 13 · Hold 4 · Sell 0Oct 25 · avg. target $140Nov 25 · avg. target $152Dec 25 · avg. target $240Jan 26 · avg. target $240Feb 26 · avg. target $250Mar 26 · avg. target $333Apr 26 · avg. target $375May 26 · avg. target $422Jun 26 · avg. target $553Jul 26 · avg. target $567Aug 26 · avg. target $550Sep 26 · avg. target $524Oct 25 · month-end close $190Nov 25 · month-end close $204Dec 25 · month-end close $234Jan 26 · month-end close $252Feb 26 · month-end close $349Mar 26 · month-end close $388Apr 26 · month-end close $528May 26 · month-end close $580Jun 26 · month-end close $491Jul 26 · month-end close $377Aug 26 · month-end close $383Sep 26 · month-end close $357

Share of analysts per call each month (latest call per analyst within 180 days). Targets and closes in USD.

TipRanks data via FMP · computed Sep 25, 2026 · 107 ratings

Frequently asked questions

Where can I trade CIEN perpetual futures?

Ciena Corporation (CIEN) perpetual futures trade on 16 crypto venues, including Deepcoin, KuCoin, BingX. PerpEquities compares them by live price, funding rate, open interest and liquidity.

Can I trade CIEN around the clock?

Yes. Unlike the underlying stock, CIEN perpetuals trade 24/7 — including weekends and outside regular market hours.

What is the funding rate on CIEN perpetuals?

Right now the CIEN perp funding rate is 0.0% annualized (venue median), ranging from -242.2% to +62.6% across 16 venues. A positive rate means longs pay shorts. PerpEquities shows the live rate and its history for every venue.

How does the CIEN perp price compare to the Ciena Corporation stock?

The venue-median CIEN perp mark is $347.3 versus a reference stock price of $347.3, a basis of 0.0%. Perps follow the stock through an index price; the gap widens when funding or liquidity diverge between venues.

What is a CIEN perpetual future?

A CIEN perpetual is a derivative that tracks the price of Ciena Corporation with no expiry date. It lets you take long or short exposure to Ciena Corporation on crypto venues, around the clock.

What is CIENUSDT perpetual?

CIENUSDT is the symbol most crypto exchanges use for the Ciena Corporation perpetual settled in USDT (Tether). It tracks the CIEN share price through an index, trades 24/7 with leverage and never expires.

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