Key facts
- Ciena raised its FY2026 revenue outlook to $6.3 billion.
- The company cited increased demand driven by Artificial Intelligence.
- Ciena anticipates its total addressable market (TAM) will reach approximately $50 billion by 2029.
Ciena has announced an upward revision of its revenue outlook for fiscal year 2026, now projecting $6.3 billion. This adjustment is driven by a surge in demand attributed to the growth of Artificial Intelligence technologies. Furthermore, the company anticipates a significant expansion of its total addressable market (TAM), estimating it to reach approximately $50 billion by the year 2029.