Ciena targets about 30% revenue CAGR through fiscal 2029

By Public Technologies
  • Ciena set three-year targets for fiscal 2029, projecting about 30% revenue CAGR from 2026 through 2029.
  • Adjusted non-GAAP gross margin forecast near 50%.
  • Adjusted non-GAAP operating margin outlook of 32% to 35%.
  • Free cash flow margin expectation of about 20%.
  • Segment reporting to shift from fiscal 2027, moving to Optical Systems, Interconnects, Global Services, Routing and Other.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ciena Corporation published the original content used to generate this news brief via Business Wire (Ref. ID: 202609161353BIZWIRE_USPR_____20260916_BW287649) on September 16, 2026, and is solely responsible for the information contained therein.

Capital.com is an execution-only brokerage platform and the content provided on the Capital.com website is intended for informational purposes only and should not be regarded as an offer to sell or a solicitation of an offer to buy the products or securities to which it applies. No representation or warranty is given as to the accuracy or completeness of the information provided.

The information provided does not constitute investment advice nor take into account the individual financial circumstances or objectives of any investor. Any information that may be provided relating to past performance is not a reliable indicator of future results or performance.

To the extent permitted by law, in no event shall Capital.com (or any affiliate or employee) have any liability for any loss arising from the use of the information provided. Any person acting on the information does so entirely at their own risk.

Any information which could be construed as “investment research” has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication.