Ciena expanded Openreach network while Ciena stock trades at EUR 392.10

Published on 10/09/2026 at 15:13 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Openreach deploys Ciena's 3.2Tbps technology on October 7, 2026. Ciena stock costs EUR 392.10 on October 9, 2026 versus EUR 380.80, plus 2.97 percent.

Key points in brief

Ciena expanded its Openreach relationship with a 3.2Tbps UK optical network deployment dated October 7, 2026.
Fiscal third-quarter 2026 revenue reached USD 1.67 billion, up 37.00 percent year over year.
Ciena stock was at EUR 392.10 at Lang & Schwarz on October 9, 2026, plus 2.97 percent versus EUR 380.80.
Ciena targets 30.00 percent annual revenue growth from fiscal 2026 through fiscal 2029.

CIEN, US1717793095, Illustration mit AI erstellt.

Ciena expanded its Openreach relationship with a 3.2Tbps optical network deployment dated October 7, 2026, while Ciena stock was trading at EUR 392.10 at Lang & Schwarz on October 9, 2026. The quote was up 2.97 percent versus the EUR 380.80 prior close, giving the latest network deployment a clear market backdrop.

Openreach adds 3.2Tbps capacity

According to TelecomTV on October 7, 2026, Openreach is deploying Ciena's Waveserver and WaveLogic 6 technology in its UK Optical Spectrum Extended Access portfolio. The deployment includes 3.2Tbps of scalable capacity, 400G and 800G traffic, and a chassis supporting up to 32 x 400G services.

The project adds a concrete operating example to Ciena's exposure to data-center connectivity. It also extends a relationship that began in 2014, according to Capacity on October 8, 2026.

What does 3.2Tbps mean for Ciena?

The technical scale matters because the same Openreach deployment supports high-density links between data centers, cable landing stations and core network nodes. Ciena's WaveLogic 6 technology also enables national 800G services for the first time in Openreach's optical infrastructure, according to TelecomTV's October 7 report.

Three milestones set the growth case

Ciena's fiscal third-quarter 2026 revenue reached USD 1.67 billion, up 37.00 percent year over year, according to Business Wire in its September 16, 2026 release. The third-quarter period ended August 1, 2026, and the result provides the operating base for the company's longer-range targets.

On September 16, 2026, Ciena set a fiscal 2026 through fiscal 2029 revenue compound annual growth target of 30.00 percent, alongside an adjusted operating margin target of 32.00 percent to 35.00 percent for fiscal 2029. Evercore ISI then raised its price target from USD 375.00 to USD 550.00 on September 21, 2026, according to Yahoo Finance.

Stock trades above its prior close

Ciena stock was trading at EUR 392.10 at Lang & Schwarz on October 9, 2026 at 3:07 p.m. CEST, up 2.97 percent versus the EUR 380.80 prior close at Lang & Schwarz on October 8, 2026. The primary listing is on the NYSE in USD, while the euro quote gives German investors the relevant same-day reference.

The further course of trading is shown by the continuously updated real-time quote of Ciena stock.