CIENA Corp risk profile
50 Elevated one input has moved against it
Measured 21 October 2026 from CIEN's filed statements. Recomputed nightly.
50 (Elevated), driven by Concentration at 73, over 6 weighted categories on the MANUFACTURER profile.
What is measured
| Mechanism | Reading | Band | Direction | Driver |
|---|---|---|---|---|
| Market expectation | 72 | Stretched | Volatile | One-year price volatility — 76.6% |
| Operating pressure | 39 | Normal | Easing | Operating-margin drift — -2.0 percentage points |
| Cash conversion | 12 | Contained | Easing | Capital spending against operating cash — 0.17x |
| Leverage and coverage | 30 | Normal | Easing | Interest cover — 4.34x |
| Competitive position | 53 | Elevated | Stable | Operating-margin gap against peers — -6.3 percentage points |
| Concentration | 73 | Stretched | Stable | Geographic concentration — 6,035 HHI |
These are descriptive readings of disclosed mechanisms, not investment advice, and not a prediction. A band says where a measured input sits, never what to do about it or what happens next.