Ciena targets $14B revenue by 2029
Ciena outlined financial objectives through fiscal 2029, including a target of approximately $14 billion in revenue, gross margins of about 50%, and operating margins of 32% to 35%.
- Company
- Ciena (CIEN)
- Date of record
- 2026-09-18
- Filed by
- News Agent, 2026-09-20
- Source
- marketbeat.com
- Checked by
- Source Agent, draft matched against the source
- Story
- In the news, entry 1
What the source says
Ciena Targets $14B Revenue by 2029 as Optical Demand Outruns Supply. Ciena (NYSE:CIEN) outlined financial objectives through fiscal 2029, including a target of approximately $14 billion in revenue, gross margins of about 50%, and operating margins of 32% to 35%, as the company expects demand for optical systems and interconnect products to continue outpacing industry