Ciena Corporation (CIEN)

Market Cap	7.45B
Revenue (ttm)	3.63B
Net Income (ttm)	152.90M
Shares Out	148.42M
EPS (ttm)	1.00
PE Ratio	50.21
Forward PE	19.76
Dividend	n/a
Ex-Dividend Date	n/a

Volume	2,015,951
Open	49.16
Previous Close	49.50
Day's Range	48.48 - 50.33
52-Week Range	38.33 - 71.06
Beta	0.94
Analysts	Buy
Price Target	63.53 (+26.53%)
Earnings Date	Mar 6, 2023

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...

• Industry: Communication Equipment
• Sector: Technology
• IPO Date: Feb 7, 1997
• Employees: 7,917
• Stock Exchange: NYSE
• Ticker Symbol: CIEN

Financial Performance

In 2022, Ciena's revenue was $3.63 billion, an increase of 0.33% compared to the previous year's $3.62 billion. Earnings were $152.90 million, a decrease of -69.43%.

Analyst Forecast

According to 25 analysts, the average rating for CIEN stock is "Buy." The 12-month stock price forecast is $63.53, which is an increase of 26.53% from the latest price.

Price Target

$63.53

(26.53% upside)

Analyst Consensus: Buy