Ciena (CIEN) vs Fabrinet (FN)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Ciena (CIEN) has outperformed Fabrinet (FN) over the past year, gaining 194.7% versus a gain of 34.5%. Over five years, CIEN leads with a +754.4% price change compared with +407.2% for FN. Ciena is the larger company by market cap ($60.40 billion vs $17.46 billion), about 3.5 times the size, while Fabrinet is growing revenue faster (+35.7% vs +18.8%).
On valuation, Fabrinet trades at a lower forward P/E (22.4x vs 36.0x for Ciena). Fabrinet converts more of its revenue into profit, with a net margin of 10.2% versus 2.6%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | CIEN | FN |
|---|---|---|
| Share price | $425.93 | $487.33 |
| Market cap | $60.40B | $17.46B |
| 1-day change | -4.60% | -2.14% |
| YTD return | +90.90% | +9.38% |
| 1-year return | +194.73% | +34.53% |
| 5-year return | +754.45% | +407.22% |
| P/E ratio (TTM) | 95.29 | 37.34 |
| Forward P/E | 36.01 | 22.37 |
| EPS (TTM) | $4.47 | $13.05 |
| Dividend yield | 0.00% | 0.00% |
| Annual dividend | $0.00 | $0.00 |
| Revenue (latest FY) | $4.77B | $4.64B |
| Revenue growth (YoY) | +18.79% | +35.73% |
| Net income (latest FY) | $123.34M | $473.03M |
| Gross margin | 42.04% | 11.99% |
| Operating margin | 4.14% | 9.97% |
| Net margin | 2.59% | 10.19% |
| 52-week high | $637.51 | $748.89 |
| 52-week low | $153.27 | $361.19 |
| Distance from 52-week high | -33.19% | -34.93% |
| Analyst consensus | buy | buy |
| Avg. price target upside | +20.44% | +50.64% |
| Average volume | 2.38M | 867.13K |
| Shares outstanding | 141.81M | 35.83M |
| Employees | 8,898 | 21,521 |
| Sector | Utilities | Utilities |
| Industry | Telecommunications Equipment | Telecommunications Equipment |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Ciena is about 3.5 times larger than Fabrinet by market value ($60.40B vs $17.46B).
- CIEN has outperformed FN by 160.2 percentage points over the past year.
- Ciena trades at a higher earnings multiple (95.3x vs 37.3x trailing P/E).
- Fabrinet is more profitable, keeping 10.2 cents of every revenue dollar as net income versus 2.6 cents for Ciena.
- Fabrinet grew revenue faster in its latest fiscal year (+35.73% vs +18.79%).
About Ciena
CIEN stock →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.
Utilities · Telecommunications Equipment · 8,898 employees
About Fabrinet
FN stock →Fabrinet provides optical packaging and precision optical, electro-mechanical, and electronic manufacturing services in North America, the Asia-Pacific, Europe, and internationally. The company offers a range of advanced optical and electro-mechanical capabilities in the manufacturing process, including process design and engineering, supply chain management, manufacturing, printed circuit board assembly, packaging, integration, final assembly, and testing.
Utilities · Telecommunications Equipment · 21,521 employees
CIEN vs FN FAQ
Which is bigger, Ciena or Fabrinet?
Ciena (CIEN) is larger, with a market capitalization of $60.40B compared with $17.46B for Fabrinet (FN).
Which stock has performed better over the past year, CIEN or FN?
CIEN returned +194.73% over the past 12 months, compared with +34.53% for FN (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, CIEN or FN?
FN has the lower trailing P/E at 37.3, versus 95.3 for CIEN. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Are Ciena and Fabrinet in the same industry?
Yes. Both are classified in the Telecommunications Equipment industry within the Utilities sector.