Ciena (CIEN) vs Lumentum (LITE)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 7, 2026.
Summary
Lumentum (LITE) has outperformed Ciena (CIEN) over the past year, gaining 607.0% versus a gain of 195.5%. Over five years, LITE leads with a +1204.2% price change compared with +756.6% for CIEN. Lumentum is the larger company by market cap ($99.66 billion vs $63.31 billion), about 1.6 times the size.
On valuation, Lumentum trades at a lower forward P/E (31.2x vs 37.7x for Ciena). Ciena converts more of its revenue into profit, with a net margin of 2.6% versus -230.1%.
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 | LITE |
|---|---|---|
| Share price | $446.45 | $1,111.07 |
| Market cap | $63.31B | $99.66B |
| 1-day change | +0.63% | -1.97% |
| YTD return | +91.38% | +201.44% |
| 1-year return | +195.46% | +607.01% |
| 5-year return | +756.59% | +1204.23% |
| P/E ratio (TTM) | 99.88 | — |
| Forward P/E | 37.74 | 31.24 |
| EPS (TTM) | $4.47 | $-92.96 |
| Dividend yield | 0.00% | 0.00% |
| Annual dividend | $0.00 | $0.00 |
| Revenue (latest FY) | $4.77B | $3.01B |
| Revenue growth (YoY) | +18.79% | +83.22% |
| Net income (latest FY) | $123.34M | $-6.94B |
| Gross margin | 42.04% | 41.67% |
| Operating margin | 4.14% | 17.41% |
| Net margin | 2.59% | -230.10% |
| 52-week high | $637.51 | $1,137.21 |
| 52-week low | $152.54 | $147.81 |
| Distance from 52-week high | -29.97% | -2.30% |
| Analyst consensus | buy | strong_buy |
| Avg. price target upside | +14.90% | +4.58% |
| Average volume | 2.35M | 4.64M |
| Shares outstanding | 141.81M | 89.70M |
| Employees | 8,898 | 13,757 |
| Sector | Utilities | Telecommunications |
| 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
- LITE has outperformed CIEN by 411.5 percentage points over the past year.
- Ciena is more profitable, keeping 2.6 cents of every revenue dollar as net income versus -230.1 cents for Lumentum.
- Lumentum grew revenue faster in its latest fiscal year (+83.22% vs +18.79%).
- The two companies sit in different sectors: Ciena in Utilities and Lumentum in Telecommunications.
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 Lumentum
LITE stock →Lumentum Holdings Inc. manufactures and sells optical and photonic products in the Americas, the Asia-Pacific, Europe, the Middle East, and Africa.
Telecommunications · Telecommunications Equipment · 13,757 employees
CIEN vs LITE FAQ
Which is bigger, Ciena or Lumentum?
Lumentum (LITE) is larger, with a market capitalization of $99.66B compared with $63.31B for Ciena (CIEN).
Which stock has performed better over the past year, CIEN or LITE?
LITE returned +607.01% over the past 12 months, compared with +195.46% for CIEN (price return, excluding dividends). Past performance does not predict future results.
Are Ciena and Lumentum in the same industry?
Yes. Both are classified in the Telecommunications Equipment industry within the Utilities sector.