Ciena Corporation (CIEN)

Market Cap	9.60B
Revenue (ttm)	4.02B
Net Income (ttm)	138.13M
Shares Out	144.43M
EPS (ttm)	0.95
PE Ratio	70.12
Forward PE	26.69
Dividend	n/a
Ex-Dividend Date	n/a

Volume	1,023,825
Open	67.09
Previous Close	67.10
Day's Range	65.98 - 67.32
52-Week Range	42.20 - 73.47
Beta	0.94
Analysts	Buy
Price Target	63.21 (-4.92%)
Earnings Date	Dec 12, 2024

About CIEN

Ciena Corporation provides hardware and software services for delivery of video, data, and voice traffic metro, aggregation, and access communications network worldwide. The company’s Networking Platforms segment offers convergence of coherent optical transport, open optical networking, optical transport network switching, IP routing, and switching services. Its products include 6500 Packet-Optical Platform, Waveserver stackable interconnect system, and the 6500 Reconfigurable line system, and the 5400 family of Packet-Optical platforms, as wel...

• Industry: Communication Equipment
• Sector: Technology
• IPO Date: Feb 7, 1997
• Employees: 8,483
• Stock Exchange: NYSE
• Ticker Symbol: CIEN
• Website: https://www.ciena.com

Financial Performance

In 2023, Ciena's revenue was $4.39 billion, an increase of 20.75% compared to the previous year's $3.63 billion. Earnings were $254.83 million, an increase of 66.66%.

Analyst Forecast

According to 14 analysts, the average rating for CIEN stock is "Buy." The 12-month stock price forecast is $63.21, which is a decrease of -4.92% from the latest price.

Price Target

$63.21

(-4.92% downside)

Analyst Consensus: Buy