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Ciena Corporation (CIEN)

Stock Price: $46.50 USD 0.83 (1.82%)
Updated December 3, 4:00 PM EST - Market closed
After-hours: $46.81 +0.31 (0.67%) Dec 3, 7:43 PM

CIEN Stock Price Chart

Key Info

Market Cap 7.18B
Revenue (ttm) 3.67B
Net Income (ttm) 376.58M
Shares Out 154.18M
EPS (ttm) 2.41
PE Ratio 19.29
Forward PE n/a
Dividend n/a
Dividend Yield n/a

Stock Quote

Trading Day December 3
Last Price $46.50
Previous Close $45.67
Change ($) 0.83
Change (%) 1.82%
Day's Open 45.61
Day's Range 45.12 - 46.63
Day's Volume 1,711,515
52-Week Range 34.50 - 60.99

CIEN Stock News

Zacks Investment Research - 17 hours ago

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.

Business Wire - 21 hours ago

HANOVER, Md.--(BUSINESS WIRE)--HANOVER, Md. – December 3, 2020 – Ciena® Corporation today announced its expected participation in the following upcoming event.

Zacks Investment Research - 3 days ago

Ciena (CIEN) closed at $44.80 in the latest trading session, marking a +0.74% move from the prior day.

Zacks Investment Research - 1 week ago

Ciena's (CIEN) WaveLogic 5 Extreme integrates cutting-edge innovation to deliver fiber capacity with less equipment.

Forbes - 1 week ago

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...

Zacks Investment Research - 1 week ago

In the latest trading session, Ciena (CIEN) closed at $43.99, marking a +1.45% move from the previous day.

Business Wire - 1 week ago

AUCKLAND, New Zealand & HANOVER, Md.--(BUSINESS WIRE)--Hawaiki Submarine Cable LP announced today it will deploy Ciena's WaveLogic™ 5 Extreme technology.

Business Wire - 1 week ago

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...

Forbes - 1 week ago

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...

Business Wire - 2 weeks ago

HANOVER, Md.--(BUSINESS WIRE)--Ciena® Corporation expects to announce its fiscal fourth quarter financial results on Thursday, December 10, 2020.

Zacks Investment Research - 2 weeks ago

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.

Business Wire - 2 weeks ago

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...

Seeking Alpha - 2 weeks ago

Ciena posted strong quarterly results but warned on revenue weakness. Valuations are compelling at these levels.

The Motley Fool - 3 weeks ago

These three tech stocks are solid investments at nearly any price, and two of them are also on sale right now.

Other stocks mentioned: LLNW, SHOP
Business Wire - 4 weeks ago

HANOVER, Md.--(BUSINESS WIRE)--Ciena® Corporation announced its expected participation in the following upcoming event with the financial community

Business Wire - 4 weeks ago

HANOVER, Md.--(BUSINESS WIRE)--SUB.CO and its Australian entity APX Partners are teaming up with Ciena to upgrade its Indigo submarine cable.

Business Wire - 1 month ago

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) ...

Zacks Investment Research - 1 month ago

Ciena (CIEN) closed at $41.24 in the latest trading session, marking a -0.6% move from the prior day.

The Motley Fool - 1 month ago

These three transformative stocks can build a diversified portfolio in an instant.

Other stocks mentioned: JNJ, WORK
Market Watch - 1 month ago

Apple is making 5G phones, underscoring expectations for a vast increase in broadband demand.

Other stocks mentioned: ADTN, CALX, IPHI, LITE
The Motley Fool - 1 month ago

A stock price turnaround could be in the cards for this optical transport provider.

Zacks Investment Research - 1 month ago

Ciena's (CIEN) Liquid Spectrum innovative analytics apps provide real-time visibility into network efficiency.

Zacks Investment Research - 2 months ago

Ciena (CIEN) reported earnings 30 days ago. What's next for the stock?

The Motley Fool - 2 months ago

The optical networking company issued disappointing guidance early last month.

Business Wire - 2 months ago

HANOVER, Md.--(BUSINESS WIRE)--Telefónica Deutschland, a leading integrated telecommunications provider, has selected software from Blue Planet, a division of Ciena (NYSE: CIEN), to support th...

InvestorPlace - 2 months ago

These 5G stocks will be leaders in the next generation of telecom, which is part of why each belongs in your portfolio now. The post The 7 Best 5G Stocks to Buy Now for Long-Term Growth appea...

Other stocks mentioned: ERIC, IQ, MRVL, QCOM, TMUS, TXN
The Motley Fool - 2 months ago

These hardware providers should profit investors as their hardware facilitates 5G service.

Other stocks mentioned: AVGO, QCOM
The Motley Fool - 2 months ago

But the two companies provided very different outlooks for the current quarter.

Other stocks mentioned: INFN
The Motley Fool - 2 months ago

Near-term weakness in the business environment has investors worried, but they should focus on the bigger picture.

Seeking Alpha - 2 months ago

Ciena posted a more or less in-line quarter with a better gross margin mix, but lowered guidance significantly on much weaker near-term service provider capex spending.

InvestorPlace - 3 months ago

Ciena (CIEN) earnings for the networking company's fiscal third quarter of 2020 have CIEN stock falling hard on Thursday. The post Ciena Earnings: CIEN Stock Plunges 25% on Pandemic Pressure W...

The Motley Fool - 3 months ago

Ciena sneezes, and everyone else in networking equipment gets a cold.

Other stocks mentioned: IIVI, INFN, LITE
Seeking Alpha - 3 months ago

Ciena Corporation (CIEN) CEO Gary Smith on Q3 2020 Results - Earnings Call Transcript

Zacks Investment Research - 3 months ago

Ciena's (CIEN) third-quarter fiscal 2020 results reflect the impact of orders slowdown stemming from the COVID-19 pandemic.

Investors Business Daily - 3 months ago

Ciena earnings for its fiscal third quarter topped estimates as revenue edged by Wall Street targets. Ciena stock fell before the market open.

Market Watch - 3 months ago

Shares of Ciena Corp. CIEN, +2.50% sank 7.1% in premarket trading Thursday, putting them on track to snap a 4-day win streak, after the networking systems and software company reported fiscal ...

Benzinga - 3 months ago

Shares of Ciena (NYSE:CIEN) moved lower by 8% in pre-market trading after the company reported Q3 results.

Business Wire - 3 months ago

HANOVER, Md.--(BUSINESS WIRE)--Ciena today announced unaudited financial results for its fiscal third quarter ended August 1, 2020.

Forbes - 3 months ago

Ciena is expected to report earnings of $0.82/share on $971.70 million in revenue. Meanwhile, the so-called Whisper number is $0.90.

Zacks Investment Research - 3 months ago

Ciena's (CIEN) fiscal third-quarter performance is likely to have benefited from the proper execution of its strategy that centers on innovation, diversification and global scale.

Business Wire - 3 months ago

HANOVER, Md.--(BUSINESS WIRE)--Ciena® Corporation today announced its expected participation in the following upcoming events with the financial community

Zacks Investment Research - 3 months ago

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.

The Motley Fool - 3 months ago

The 5G rollout is going to be a tailwind for these three tech stocks in different ways.

Other stocks mentioned: MRVL, SWKS
Zacks Investment Research - 3 months ago

Ciena (CIEN) partners with Infonas to establish a streamlined network infrastructure across Middle East by leveraging the former's Hosted MCP services and Ciena Services platform.

InvestorPlace - 3 months ago

Covid-19 has made economies realize the importance of ramping up 5G. These three fiber optic stocks stand to benefit greatly from this trend.

Other stocks mentioned: IIVI, LITE
Business Wire - 3 months ago

HANOVER, Md.--(BUSINESS WIRE)--HANOVER, Md.

Zacks Investment Research - 3 months ago

Ciena (CIEN) partners with Windstream for the deployment of National Converged Optical Network to augment network capacity, while addressing burgeoning connectivity demands.

Business Wire - 3 months ago

LITTLE ROCK, Ark. & HANOVER, Md.

24/7 Wall Street - 3 months ago

Increasingly, the companies that we cover on Wall Street agree that while the future is still bright for the U.S.

Other stocks mentioned: AMD, ATVI, RNG
InvestorPlace - 3 months ago

5G stocks are bound to be even hotter soon, as the technology is getting to critical mass. These companies will lead the megatrend.

Other stocks mentioned: CCI, NOK, NVDA, QCOM, T, VUZI

About CIEN

Ciena Corporation provides network hardware, software, and services that support the transport, 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 solutions 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, Waveserver stackable interconnect sy... [Read more...]

Industry
Communication Equipment
IPO Date
Feb 7, 1997
CEO
Gary Smith
Employees
6,934
Stock Exchange
NYSE
Ticker Symbol
CIEN
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecasts

According to 19 analysts, the average rating for CIEN stock is "Buy." The 12-month stock price forecast is 52.47, which is an increase of 12.84% from the latest price.

Price Target
$52.47
(12.84% upside)
Analyst Consensus: Buy