Summary
49.34 0.61(1.24%)05/15/2024
CIENA Corp. (CIEN)
CIENA Corp. (CIEN)
Key Facts
| 1 Day | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 5 Years | All Time |
| -0.26 | 5.64 | 2.79 | -12.48 | 13.44 | 11.37 | 35.02 | -62.30 |
Last 730 data points are shown. To view all data, Upgrade to PRO plan with only $1
| Trading Data | ||
| Close | 48.83 | |
| Open | 49.38 | |
| High | 49.53 | |
| Low | 48.73 | |
| Volume | 1,379,681 | |
| Change | -0.13 | |
| Change % | -0.26 | |
| Avg Volume (20 Days) | 1,269,222 | |
| Volume/Avg Volume (20 Days) Ratio | 1.09 | |
| 52 Week Range | 39.94 - 63.24 | |
| Price vs 52 Week High | -22.79% | |
| Price vs 52 Week Low | 22.25% | |
| Range | -1.12 | |
| Gap Up/Down | 0.30 | |
Fundamentals | ||
| Market Capitalization (Mln) | 7,132 | |
| EBIDTA | 524,852,000 | |
| PE Ratio | 31.8831 | |
| PEG Ratio | 0.7700 | |
| WallStreet Target Price | 58.00 | |
| Book Value | 20.1700 | |
| Earnings Per Share | 1.5400 | |
| EPS Estimate Current Quarter | 0.4800 | |
| EPS Estimate Next Quarter | 0.0000 | |
| EPS Estimate Current Year | 2.2800 | |
| EPS Estimate Next Year | 3.1500 | |
| Diluted EPS (TTM) | 1.5400 | |
| Revenues | ||
| Profit Marging | 0.0522 | |
| Operating Marging (TTM) | 0.0863 | |
| Return on asset (TTM) | 0.0424 | |
| Return on equity (TTM) | 0.0792 | |
| Revenue TTM | 4,367,736,832 | |
| Revenue per share TTM | 29.5070 | |
| Quarterly Revenue Growth (YOY) | -0.0180 | |
| Quarterly Earnings Growth (YOY) | -0.3330 | |
| Gross Profit (TTM) | 1,878,851,000 | |
| Dividends | ||
| Dividend Share | 0.0000 | |
| Dividend Yield | ||
| Valuations | ||
| Trailing PE | 31.8831 | |
| Forward PE | 18.7617 | |
| Price Sales (TTM) | 0.0000 | |
| Price Book (MRQ) | 2.2555 | |
| Revenue Enterprise Value | 1.5639 | |
| EBITDA Enterprise Value | 12.8340 | |
| Shares | ||
| Shares Outstanding | 144,603,008 | |
| Shares Float | 143,176,909 | |
| Shares Short | 0 | |
| Shares Short (Prior Month) | 0 | |
| Shares Ratio | 0.00 | |
| Short Outstanding (%) | 0.00 | |
| Short Float (%) | 0.05 | |
| Insider (%) | 0.98 | |
| Institutions (%) | 96.08 | |
05/15 09:41 EST - prnewswire.com
Conterra Networks Launches 400Gb/s Waves Service for Carrier Clients with Ciena
CHARLOTTE, N.C. , May 15, 2024 /PRNewswire/ -- Conterra Networks, a national leader in providing fiber-optic network-based infrastructure and services, is leveraging Ciena's industry-leading WaveLogic 5 Extreme (WL5e) to deliver 400Gb/s wavelength services to carrier clients in Texas, North Carolina, and Louisiana.
Conterra Networks Launches 400Gb/s Waves Service for Carrier Clients with Ciena
CHARLOTTE, N.C. , May 15, 2024 /PRNewswire/ -- Conterra Networks, a national leader in providing fiber-optic network-based infrastructure and services, is leveraging Ciena's industry-leading WaveLogic 5 Extreme (WL5e) to deliver 400Gb/s wavelength services to carrier clients in Texas, North Carolina, and Louisiana.
04/30 07:00 EST - investorplace.com
Shhh! 3 Secret 5G Stocks Flying Below Wall Street's Radar
Adoption of 5G technology has admittedly been slower than many analysts expected with user levels remaining lower than the mainstream 4G and 3G connections around the world. Even so, 5G is the radio frequency technology of choice for US telecom companies with some talks about the next generation of 5G already underway.
Shhh! 3 Secret 5G Stocks Flying Below Wall Street's Radar
Adoption of 5G technology has admittedly been slower than many analysts expected with user levels remaining lower than the mainstream 4G and 3G connections around the world. Even so, 5G is the radio frequency technology of choice for US telecom companies with some talks about the next generation of 5G already underway.
04/17 11:00 EST - businesswire.com
IP Infusion Completes Certification for Ciena 400G ZR/ZR+ Optics for Converged IP/Optical White Box Solution
SANTA CLARA, Calif.--(BUSINESS WIRE)-- #Ciena--IP Infusion, the market leader in carrier-grade networking software systems, recently completed testing and certification of Ciena's WaveLogic™ 5 Nano (WL5n) interoperable 400ZR and 400G ZR+ pluggable transceivers with IP Infusion's OcNOS® network operating system for white box hardware. Customers can now purchase Ciena's 400G ZR/ZR+ pluggables directly from IP Infusion and receive 24/7 support for the entire white box solution through a single point of con.
IP Infusion Completes Certification for Ciena 400G ZR/ZR+ Optics for Converged IP/Optical White Box Solution
SANTA CLARA, Calif.--(BUSINESS WIRE)-- #Ciena--IP Infusion, the market leader in carrier-grade networking software systems, recently completed testing and certification of Ciena's WaveLogic™ 5 Nano (WL5n) interoperable 400ZR and 400G ZR+ pluggable transceivers with IP Infusion's OcNOS® network operating system for white box hardware. Customers can now purchase Ciena's 400G ZR/ZR+ pluggables directly from IP Infusion and receive 24/7 support for the entire white box solution through a single point of con.
04/16 09:00 EST - businesswire.com
HSPnet Launches High Capacity B3JS and BDMCS Networks
JAKARTA, Indonesia--(BUSINESS WIRE)--Indonesian internet services and integrated network access provider HSPnet (PT Parsaoran Global Datatrans) today announced that at the beginning of 2024 it launched high-capacity services of up to 6 Tb/s on its B3JS (Jakarta-Bangka-Bintan-Batam-Singapore) and BDMCS (Batam-Dumai-Medan) cable systems. The transmission routes, totaling around 2,000km across both underwater and land cables, are supported by Ciena's (NYSE: CIEN) WaveLogic Ai-powered 6500 platform.
HSPnet Launches High Capacity B3JS and BDMCS Networks
JAKARTA, Indonesia--(BUSINESS WIRE)--Indonesian internet services and integrated network access provider HSPnet (PT Parsaoran Global Datatrans) today announced that at the beginning of 2024 it launched high-capacity services of up to 6 Tb/s on its B3JS (Jakarta-Bangka-Bintan-Batam-Singapore) and BDMCS (Batam-Dumai-Medan) cable systems. The transmission routes, totaling around 2,000km across both underwater and land cables, are supported by Ciena's (NYSE: CIEN) WaveLogic Ai-powered 6500 platform.
04/12 15:50 EST - youtube.com
Ciena, Corteva, VF Corp | Top Calls
Top calls today are Ciena, Corteva and VF Corp.
Ciena, Corteva, VF Corp | Top Calls
Top calls today are Ciena, Corteva and VF Corp.
04/05 12:58 EST - seekingalpha.com
Ciena's Large Legacy Business Weighing On Near-Term Growth And Sentiment
A sharp cyclical slowdown in service provider spending has driven weak guidance from Ciena and prompted a significant sell-off in the shares. Ciena has been gaining share from rivals like Nokia and Huawei among service providers, but this major customer segment is likely to remain soft through 2024. Ciena has built a strong business among major cloud providers, and this data center-driven business is now over a third of revenue and poised to grow well in the future.
Ciena's Large Legacy Business Weighing On Near-Term Growth And Sentiment
A sharp cyclical slowdown in service provider spending has driven weak guidance from Ciena and prompted a significant sell-off in the shares. Ciena has been gaining share from rivals like Nokia and Huawei among service providers, but this major customer segment is likely to remain soft through 2024. Ciena has built a strong business among major cloud providers, and this data center-driven business is now over a third of revenue and poised to grow well in the future.
03/27 10:31 EST - zacks.com
Ciena (CIEN), Toshiba Team Up for Quantum Safe Technology
Ciena (CIEN) and Toshiba partner to showcase quantum secure communication platform at OFC Conference 2024.
Ciena (CIEN), Toshiba Team Up for Quantum Safe Technology
Ciena (CIEN) and Toshiba partner to showcase quantum secure communication platform at OFC Conference 2024.
03/27 09:00 EST - businesswire.com
Ciena Celebrates Major Customer Milestones and Optical Leadership at OFC 2024 in San Diego
HANOVER, Md.--(BUSINESS WIRE)--Ciena (NYSE: CIEN) is proud to kick off the first day of OFC 2024 with a celebration of significant customer success, new optical innovations and industry recognition. Highlighted customer milestones include recent wins with Vocus to deploy 1.6 Tb/s technology in Australia and Southern Cross to deploy 800 Gb/s across the Pacific as well as Ciena's recent selection by Verizon to continue to evolve its long-haul and metro network with Ciena's WaveLogic 6 Extreme (WL.
Ciena Celebrates Major Customer Milestones and Optical Leadership at OFC 2024 in San Diego
HANOVER, Md.--(BUSINESS WIRE)--Ciena (NYSE: CIEN) is proud to kick off the first day of OFC 2024 with a celebration of significant customer success, new optical innovations and industry recognition. Highlighted customer milestones include recent wins with Vocus to deploy 1.6 Tb/s technology in Australia and Southern Cross to deploy 800 Gb/s across the Pacific as well as Ciena's recent selection by Verizon to continue to evolve its long-haul and metro network with Ciena's WaveLogic 6 Extreme (WL.
03/19 06:21 EST - marketbeat.com
What Does Ciena's Forecast Cut Say About Optical Demand for AI?
Ciena Co. NYSE: CIEN is a leading network and optical communications solutions provider based out of Hanover, MD. The computer and technology sector leader has been around since the dawn of the internet and its broadband evolution.
What Does Ciena's Forecast Cut Say About Optical Demand for AI?
Ciena Co. NYSE: CIEN is a leading network and optical communications solutions provider based out of Hanover, MD. The computer and technology sector leader has been around since the dawn of the internet and its broadband evolution.
03/12 13:20 EST - zacks.com
Ciena's (CIEN) GeoMesh Extreme Solution Used by SEA-ME-WE 4
By implementing Ciena???s (CIEN) solutions, SEA-ME-WE 4 cable system?
Ciena's (CIEN) GeoMesh Extreme Solution Used by SEA-ME-WE 4
By implementing Ciena???s (CIEN) solutions, SEA-ME-WE 4 cable system?
03/11 09:00 EST - businesswire.com
SEA-ME-WE 4 Enables Global Digitalization with Enhanced Connectivity Powered by Ciena
HANOVER, Md.--(BUSINESS WIRE)--To support growing demand for more bandwidth across the Asia-to-Europe route, SEA-ME-WE 4 (South East Asia – Middle East – Western Europe 4) recently completed an upgrade to its submarine cable system. Powered by Ciena's (NYSE: CIEN) GeoMesh Extreme submarine network solution, the upgrade enables a capacity increase from 65Tb/s to 122Tb/s on the SEA-ME-WE 4 cable system. “Ciena's cutting-edge technology is helping us in optimizing the resources of the SEA-ME-WE 4.
SEA-ME-WE 4 Enables Global Digitalization with Enhanced Connectivity Powered by Ciena
HANOVER, Md.--(BUSINESS WIRE)--To support growing demand for more bandwidth across the Asia-to-Europe route, SEA-ME-WE 4 (South East Asia – Middle East – Western Europe 4) recently completed an upgrade to its submarine cable system. Powered by Ciena's (NYSE: CIEN) GeoMesh Extreme submarine network solution, the upgrade enables a capacity increase from 65Tb/s to 122Tb/s on the SEA-ME-WE 4 cable system. “Ciena's cutting-edge technology is helping us in optimizing the resources of the SEA-ME-WE 4.
03/08 08:56 EST - zacks.com
Ciena (CIEN) Q1 Earnings Top Estimates, Revenues Decline Y/Y
Ciena's (CIEN) fiscal first-quarter performance is affected by the macroeconomic concerns that are causing lower-than-expected order volumes from service providers in several overseas geographies.
Ciena (CIEN) Q1 Earnings Top Estimates, Revenues Decline Y/Y
Ciena's (CIEN) fiscal first-quarter performance is affected by the macroeconomic concerns that are causing lower-than-expected order volumes from service providers in several overseas geographies.
03/07 12:23 EST - fool.com
Why Ciena Stock Flopped Today
Ciena beat expectations on sales and earnings for its fiscal Q1. Earnings declined year over year, mostly due to higher interest expenses.
Why Ciena Stock Flopped Today
Ciena beat expectations on sales and earnings for its fiscal Q1. Earnings declined year over year, mostly due to higher interest expenses.
03/07 11:05 EST - seekingalpha.com
Ciena Corporation (CIEN) Q1 2024 Earnings Call Transcript
Ciena Corporation (NYSE:CIEN ) Q1 2024 Earnings Conference Call March 7, 2024 8:30 AM ET Company Participants Gregg Lampf - VP, IR Gary B. Smith - President and CEO James E.
Ciena Corporation (CIEN) Q1 2024 Earnings Call Transcript
Ciena Corporation (NYSE:CIEN ) Q1 2024 Earnings Conference Call March 7, 2024 8:30 AM ET Company Participants Gregg Lampf - VP, IR Gary B. Smith - President and CEO James E.
03/07 10:56 EST - zacks.com
Ciena (CIEN) is a Top-Ranked Momentum Stock: Should You Buy?
Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
Ciena (CIEN) is a Top-Ranked Momentum Stock: Should You Buy?
Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
03/07 10:07 EST - barrons.com
Ciena Tumbles as Revenue Outlook Misses on Soft Demand
The company said service providers are taking longer than expected to work through inventory.
Ciena Tumbles as Revenue Outlook Misses on Soft Demand
The company said service providers are taking longer than expected to work through inventory.
03/07 09:10 EST - zacks.com
Ciena (CIEN) Q1 Earnings and Revenues Beat Estimates
Ciena (CIEN) came out with quarterly earnings of $0.66 per share, beating the Zacks Consensus Estimate of $0.47 per share. This compares to earnings of $0.64 per share a year ago.
Ciena (CIEN) Q1 Earnings and Revenues Beat Estimates
Ciena (CIEN) came out with quarterly earnings of $0.66 per share, beating the Zacks Consensus Estimate of $0.47 per share. This compares to earnings of $0.64 per share a year ago.
03/07 07:18 EST - investors.com
Ciena Earnings Top Estimates, But Fiber-Optics Gear Maker Falls
Ciena reported fiscal Q1 profit and revenue that topped estimates. Shares fell ahead of the fiber-optics gear maker's earnings call.
Ciena Earnings Top Estimates, But Fiber-Optics Gear Maker Falls
Ciena reported fiscal Q1 profit and revenue that topped estimates. Shares fell ahead of the fiber-optics gear maker's earnings call.
03/07 07:00 EST - businesswire.com
Ciena Reports Fiscal First Quarter 2024 Financial Results
HANOVER, Md.--(BUSINESS WIRE)--Ciena® Corporation announced unaudited financial results for fiscal first quarter ended January 27, 2024.
Ciena Reports Fiscal First Quarter 2024 Financial Results
HANOVER, Md.--(BUSINESS WIRE)--Ciena® Corporation announced unaudited financial results for fiscal first quarter ended January 27, 2024.
03/06 13:11 EST - zacks.com
Will Ciena (CIEN) Beat Estimates Again in Its Next Earnings Report?
Ciena (CIEN) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Will Ciena (CIEN) Beat Estimates Again in Its Next Earnings Report?
Ciena (CIEN) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.