Ciena Corporation (CIEN)
| Market Cap | 9.86B |
| Revenue (ttm) | 4.05B |
| Net Income (ttm) | 78.98M |
| Shares Out | 142.15M |
| EPS (ttm) | 0.55 |
| PE Ratio | 126.61 |
| Forward PE | 27.51 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 1,964,508 |
| Open | 69.48 |
| Previous Close | 69.53 |
| Day's Range | 69.00 - 70.31 |
| 52-Week Range | 43.30 - 101.44 |
| Beta | 0.91 |
| Analysts | Buy |
| Price Target | 81.92 (+18.06%) |
| Earnings Date | Mar 11, 2025 |
About CIEN
Ciena Corporation, a network technology company, provides hardware, software, and services for various network operators in the Americas, Europe, the Middle East, Africa, the Asia Pacific, Japan, and India. It operates through Networking Platforms, Platform Software and Services, Blue Planet Automation Software and Services, and Global Services segments. The Networking Platforms segment consist of a range of products and solutions for convergence of coherent optical transport, open optical networking, optical transport network switching, IP rou... [Read more]
Financial Performance
In 2024, Ciena's revenue was $4.01 billion, a decrease of -8.47% compared to the previous year's $4.39 billion. Earnings were $83.96 million, a decrease of -67.05%.
Financial StatementsAnalyst Forecast
According to 13 analysts, the average rating for CIEN stock is "Buy." The 12-month stock price forecast is $81.92, which is an increase of 18.06% from the latest price.
News
Ciena Brings Data Center Connectivity Innovations to OFC 2025
HANOVER, Md.--(BUSINESS WIRE)--At OFC 2025, Ciena will showcase coherent optical and IMDD technologies that bring new levels of scalability and flexibility to data center designs.
Ciena Global Survey Explores Networking Needs for AI Era
HANOVER, Md.--(BUSINESS WIRE)--The rapid growth of AI workloads is driving a major transformation in data center network infrastructure, with global data center experts anticipating a significant incr...
Ciena Posts Solid Q1 Beat, Raise; Guidance Could Be Missed Depending On 'Outcome Of Proposed Tariffs'
Ciena Corp CIEN shares were climbing Wednesday after the company announced upbeat fiscal first-quarter results.
Ciena Corporation (CIEN) Q1 2025 Earnings Call Transcript
Ciena Corporation (NYSE:CIEN) Q1 2025 Earnings Conference Call March 11, 2025 8:30 AM ET Company Participants Gregg Lampf - Vice President of Investor Relations Gary Smith - President and Chief Execu...
Crude Oil Gains 1%; Ciena Earnings Top Views
U.S. stocks traded lower midway through trading, with the Dow Jones falling more than 1% on Tuesday.
Ciena Stock Jumps on First-Quarter Earnings and Revenue Beat
Ciena posts results that top expectations, even as net income falls from the previous year.
Ciena Reports Fiscal First Quarter 2025 Financial Results
HANOVER, Md.--(BUSINESS WIRE)--Ciena® Corporation, a networking systems, services and software company, announced unaudited financial results for its fiscal first quarter 2025.
e& UAE First in Middle East & Africa to Deploy Ciena's WaveLogic 6
ABU DHABI, UAE--(BUSINESS WIRE)--e& UAE marked a Middle East and Africa regional first, deploying Ciena's WaveLogic 6 Extreme on its optical network.
Ciena Q1 Earnings Preview: AI And Data Center Spending Needs To Be Strong
Ciena Corporation's Q1 '25 earnings report is expected to show flat revenue growth, with EPS estimates of $0.41 non-GAAP and $0.14 GAAP on $1.05B in revenues. Key focus areas include AI-driven demand,...
Lumen Selects Ciena Optical Tech to Support AI Workloads
HANOVER, Md. & DENVER--(BUSINESS WIRE)-- #AI--Lumen Technologies (NYSE:LUMN), the trusted network for AI, is enhancing its network with Ciena's (NYSE:CIEN) coherent optical innovations. This will stre...
Cirion Prepares Network for Surging Cloud and AI Demands with Ciena's WaveLogic 6
HANOVER, Md.--(BUSINESS WIRE)--Cirion Technologies is planning to deploy a suite of Ciena solutions, including WaveLogic 6 Extreme.
Ciena Announces Internet Availability of 2025 Annual Meeting Proxy Materials
HANOVER, Md.--(BUSINESS WIRE)--Ciena® Corporation, a networking systems, services and software company, announced that proxy materials are available for its 2025 Annual Meeting.
Telia Norway and Ciena Achieve First Live 1.6 Tb/s Data Transmission in Nordics
HANOVER, Md.--(BUSINESS WIRE)--Telia Norway and Ciena celebrated a key technology milestone and industry first in the Nordics.
Ciena Announces Reporting Date and Web Broadcast for Fiscal First Quarter 2025 Results
HANOVER, Md.--(BUSINESS WIRE)--Ciena® Corporation (NYSE: CIEN) expects to announce its fiscal first quarter financial results on Tuesday, March 11, 2025.
AI Stocks Jumped Last Week—Here's What You Need to Know
AI stocks soared last week after OpenAI announced a partnership with Oracle (ORCL) and SoftBank that could result in up to half a trillion dollars of investment in AI infrastructure over the next four...
Southern Cross Achieves World's First 1 Tb/s Transmission Across the Pacific With Ciena
SYDNEY--(BUSINESS WIRE)--Southern Cross Cable Limited (“Southern Cross”) has connected the world's first transpacific 1 Tb/s single-carrier wavelength across its 13,500km live production network with ...
Ciena to Webcast Financial Community Event – January 9, 2025
HANOVER, Md.--(BUSINESS WIRE)--Ciena® Corporation (NYSE: CIEN) today announced its expected participation in the following upcoming event with the financial community.
Ciena Corporation: I Don't See Much Upside From Here (Rating Downgrade)
I downgrade CIEN from buy to hold due to its expensive valuation, trading at 35x forward PE, well above its historical trend of 13-20x. CIEN's recent earnings showed strong revenue but missed EPS esti...
Ciena Delivers Strong Q4 Earnings, But Valuation Demands Precision
Ciena Corporation has shown impressive growth, with a nearly 100% YTD return and a strong annualized ROR of 15.12% since 2015. Ciena's advanced tech, like the WaveLogic 6 Extreme, addresses growing ba...
Overlooked Stock: CIEN
Ciena Corp. (CIEN) is up more than 20% on the week, and a company that George Tsilis is keeping a close eye on during the A.I. boom. He talks about how the legacy hardware and software player has gain...
Ciena's Strong 2025 Outlook Wins Analyst Confidence: AI Bandwidth And Optical Market Expansion In Focus
Ciena Corp CIEN stock surged after BofA Securities upgraded it from Neutral to Buy and raised its price target from $70 to $95.
Ciena reported a big profit miss. Here's why the stock is rocketing to a 22-year high.
Ciena's stock was soaring toward a 22-year high, as order growth and outlook on inventory overshadowed a big profit miss.
Ciena Corporation (CIEN) Q4 2024 Earnings Call Transcript
Ciena Corporation (NYSE:CIEN) Q4 2024 Results Conference Call December 12, 2024 8:30 AM ET Company Participants Gregg Lampf - Vice President of Investor Relations Gary Smith - President and Chief Exe...
Ciena Stock Tumbles as Earnings Miss Estimates. What We Know.
The optical networking equipment company misses earnings estimates in its fiscal fourth quarter.
Ciena Announces Lawton W. Fitt as Independent Chair of Board of Directors
HANOVER, Md.--(BUSINESS WIRE)--Ciena® Corporation announced the appointment of Lawton W. Fitt as independent Chair of Ciena's Board of Directors, effective December 11, 2024.