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Coherent vs Ciena: which stock is doing better?

Coherent and Ciena are business rivals. Where they compete: coherent optical networking modules and WDM transport for telecom/cloud carriers. Here is how the two stocks, and the businesses behind them, compare over the past year.

Updated Oct 12, 2026

98
CIEN P3

CIEN ahead

On Stox’s P3 score, which combines market beat, staying power and business growth, Ciena rates 98 and Coherent 71. Over the past year Coherent is +168% and Ciena +182%, against +16% for the S&P 500. Ciena has grown revenue faster, +26% against +18%. Ciena swings less, about 6.5% on a typical day against 7.7%. By type, Coherent is a Faith Trade and Ciena a Bellwether.

COHR P3 71CIEN P3 98Both in Semis & hardware

The past year

COHR against CIEN, each set to $100 a year ago. Select a measure in the table below to chart it for both.

COHR against CIEN, past year
$100 a year ago. COHR +168%, CIEN +182%.
100200300400NovDecJanFebMarAprMayJunJulAugSepOct
COHRCIEN

COHR and CIEN side by side

Ahead marks the stronger reading on each line; for the typical day and the deepest fall it marks the steadier stock. Select a row with a chart to see both over the year.

MeasureCOHRCIENAhead
Past 3 months
Share price change
+2%+1%COHR
Past month
Share price change
+7%+34%CIEN
Revenue growth
Past four quarters against the year before
+18%+26%CIEN
Operating margin
Operating profit as a share of revenue, past four quarters
10%8%COHR
Deepest fall
From a high, past year
−48%−49%COHR, held up
Market value
What the market values the company at
$61.2B$63.7B
Type
Its Stox Atlas type
Faith TradeBellwether
Group
Stocks it moves with
Semis & hardwareSemis & hardwareSame group

How to read this page

How it’s measured. Scores from Stox rank each stock against about 1,200 large US stocks and funds, where 100 is best; P3 combines market beat, staying power and business growth. Returns are share-price changes. The typical day is the average true range over 14 days as a share of the price, averaged over the past year.

Sources. Daily prices and company financial statements from Financial Modeling Prep; scores and curated rivals from Stox.

A higher score describes a stronger past year, not what comes next.

Rivals are chosen by the markets the two businesses compete in, not by sector labels.

For financial statements, valuation and news, see COHR and CIEN on Stox.

This page is information, not investment advice. About our data and methods ›

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