Ciena Corporation (CIEN)
| Market Cap | 7.84B |
| Revenue (ttm) | 3.53B |
| Net Income (ttm) | 361.29M |
| Shares Out | 154.29M |
| EPS (ttm) | 2.32 |
| PE Ratio | 21.79 |
| Forward PE | 18.98 |
| Dividend | n/a |
| Dividend Yield | n/a |
| Trading Day | March 3 |
| Last Price | $50.56 |
| Previous Close | $51.54 |
| Change ($) | -0.98 |
| Change (%) | -1.90% |
| Day's Open | 51.66 |
| Day's Range | 50.55 - 51.71 |
| Day's Volume | 2,276,125 |
| 52-Week Range | 30.58 - 61.52 |
Ciena (CIEN) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
HANOVER, Md.--(BUSINESS WIRE)--Japanese cable operator MCTV will deploy Ciena to deliver high-quality digital services across rural areas.
Let's see if Ciena (CIEN) stock is a good choice for value-oriented investors right now from multiple angles.
HANOVER, Md.--(BUSINESS WIRE)--Ciena Corporation, a networking systems, services and software company, announced today Internet Availability of 2021 Annual Meeting Proxy Materials
HANOVER, Md.--(BUSINESS WIRE)--Xiber, an Indianapolis-based nationwide Internet Service Provider, selected Ciena (NYSE: CIEN) to build an SDN and NFV network for a major retail chain that span...
Ciena Corporation (NYSE: CIEN) announced that Southern Cross Cable Limited had chosen its GeoMesh Extreme submarine solution, utilizing Ciena's 6500 Submarine Line Terminating Equipment for th...
HANOVER, Md.--(BUSINESS WIRE)--Southern Cross has picked Ciena for the new 13,494 km NEXT submarine cable in the Pacific.
HANOVER, Md.--(BUSINESS WIRE)--Bulk Fiber Networks is enhancing its Havfrue submarine cable system with network infrastructure from Ciena.
HANOVER, Md.--(BUSINESS WIRE)--FPT Telecom Joint Stock Company (FPT Telecom), a telecommunications provider in Vietnam, has deployed hardware and software from Ciena (NYSE:CIEN) to build a mor...
In addition to their positive 5G catalyst, these fiber optics stocks should get boosts from multiple other trends. The post 3 Fiber Optics Stocks Equipped for a 5G World appeared first on Inve...
Although Ciena Corporation's (NYSE: CIEN) performance may be weak in the first half of the year, its long-term opportunity remains promising, according to BofA Securities. The Ciena Analyst: T...
Ciena (CIEN) teams up with TekSavvy, Consolidated Communications (CNSL) and Lightstorm Telecom Ventures to propel network transformation with enhanced capacity on the back of innovative services.
HANOVER, Md.--(BUSINESS WIRE)--Consolidated Communications is working with Ciena to upgrade its wireline network to support new and emerging 5G services and applications.
HANOVER, Md.--(BUSINESS WIRE)--LTV has deployed Ciena's coherent optics, network management and automation software to serve the country's OTT, data center and cloud providers.
HANOVER, Md.--(BUSINESS WIRE)--Ciena Corporation today announced its expected participation in the following upcoming event with the financial community.
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Ciena (CIEN) reported earnings 30 days ago. What's next for the stock?
HANOVER, Md.--(BUSINESS WIRE)--Ciena Corporation today announced its expected participation in the following upcoming event.
The networking specialist's problems shouldn't last for long.
Lemonade, Twitter, Snap, Dave & Buster's and Ciena were our top stock trades for Friday. With that in mind, let's have a look at the charts.
Seeking Alpha Transcripts | Technology Ciena Corporation (CIEN) CEO Gary Smith on Q4 2020 Results - Earnings Call Transcript Dec. 10, 2020 3:32 PM ET | | About: Ciena Corporation (CIEN) by: SA...
Ciena's (CIEN) revenues in fourth-quarter fiscal 2020 are hurt by a slowdown in orders due to the pandemic.
Ciena (CIEN) delivered earnings and revenue surprises of -6.25% and -0.02%, respectively, for the quarter ended October 2020. Do the numbers hold clues to what lies ahead for the stock?
Shares of Ciena Corp. are off about 7% in premarket trading Thursday after the networking company reported a lower fiscal fourth-quarter profit than anticipated. The company reported net incom...
Shares of Ciena (NYSE:CIEN) decreased 4% in pre-market trading after the company reported Q4 results. Quarterly Results Earnings per share increased 3.45% year over year to $0.60, which missed...
HANOVER, Md.--(BUSINESS WIRE)--Ciena Corporation today announced unaudited financial results for its fiscal fourth quarter and year ended October 31, 2020.
Tech stock Ciena Corporation (NYSE:CIEN) is 3% lower at $46.85 today, ahead its fiscal fourth-quarter earnings report, due out before the open tomorrow.
Ciena (NYSE:CIEN) announces its next round of earnings this Thursday, December 10. Here is Benzinga's look at Ciena's Q4 earnings report.
Ciena's (CIEN) revenues in fourth-quarter fiscal 2020 are expected to have suffered from the pandemic-induced orders slowdown.
Ciena (CIEN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
HANOVER, Md.--(BUSINESS WIRE)--HANOVER, Md. – December 3, 2020 – Ciena® Corporation today announced its expected participation in the following upcoming event.
Ciena (CIEN) closed at $44.80 in the latest trading session, marking a +0.74% move from the prior day.
Ciena's (CIEN) WaveLogic 5 Extreme integrates cutting-edge innovation to deliver fiber capacity with less equipment.
Ciena Corporation stock, best known for its network hardware, software, and services, has more room for growth in the near term. CIEN stock has rallied just 26% off the recent bottom significa...
In the latest trading session, Ciena (CIEN) closed at $43.99, marking a +1.45% move from the previous day.
AUCKLAND, New Zealand & HANOVER, Md.--(BUSINESS WIRE)--Hawaiki Submarine Cable LP announced today it will deploy Ciena's WaveLogic™ 5 Extreme technology.
DUBAI, United Arab Emirates & HANOVER, Md.--(BUSINESS WIRE)--Etisalat, one of the leading telecommunications operators in emerging markets recognized by Ookla® Speedtest® as the world's fastes...
Ciena Corporation (NYSE: CIEN), best known for its network hardware, software, and services, trades at about 1.8x trailing Revenues, compared to 2.4x for Corning (NYSE: GLW), which manufacture...
HANOVER, Md.--(BUSINESS WIRE)--Ciena® Corporation expects to announce its fiscal fourth quarter financial results on Thursday, December 10, 2020.
The Blue Planet software of Ciena (CIEN) offers key insights into the network to enable service providers optimize business processes spanning IT and Network functions.
HANOVER, Md.--(BUSINESS WIRE)--Blue Planet, a division of Ciena (NYSE: CIEN), is providing BT with intelligent automation software as part of the global service provider's drive to deliver mar...
Ciena posted strong quarterly results but warned on revenue weakness. Valuations are compelling at these levels.
These three tech stocks are solid investments at nearly any price, and two of them are also on sale right now.
HANOVER, Md.--(BUSINESS WIRE)--Ciena® Corporation announced its expected participation in the following upcoming event with the financial community
HANOVER, Md.--(BUSINESS WIRE)--SUB.CO and its Australian entity APX Partners are teaming up with Ciena to upgrade its Indigo submarine cable.
LITTLE ROCK, Ark. & HANOVER, Md.--(BUSINESS WIRE)--Windstream, a leading provider of advanced network communications, has selected Ciena (NYSE:CIEN) to modernize its Fiber-to-the-Tower (FTTT) ...
Ciena (CIEN) closed at $41.24 in the latest trading session, marking a -0.6% move from the prior day.
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A stock price turnaround could be in the cards for this optical transport provider.
About CIEN
Ciena Corporation provides network hardware, software, and services that support the transport, routing, switching, aggregation, service delivery, and management of video, data, and voice traffic on communications networks worldwide. The company's Networking Platforms segment offers hardware networking products and solutions that optimized for the convergence of coherent optical transport, optical transport network switching, and packet switching. Its products include 6500 Packet-Optical Platform, 5430 Reconfigurable Switching System, Waveserve... [Read more...]
| Industry Communication Equipment | IPO Date Feb 7, 1997 |
| CEO Gary Smith | Employees 7,032 |
| Stock Exchange NYSE | Ticker Symbol CIEN |
Financial Performance
In 2020, CIEN's revenue was $3.53 billion, a decrease of -1.12% compared to the previous year's $3.57 billion. Earnings were $361.29 million, an increase of 42.56%.
Analyst Forecasts
According to 19 analysts, the average rating for CIEN stock is "Buy." The 12-month stock price forecast is 57.71, which is an increase of 14.14% from the latest price.