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Ciena NYSE:CIEN Stock Report

Last Price

US$83.61

Market Cap

US$11.9b

7D

-3.5%

1Y

80.1%

Updated

05 Jan, 2025

Data

Company Financials +

Ciena Corporation

NYSE:CIEN Stock Report

Market Cap: US$11.9b

CIEN Stock Overview

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. More details

CIEN fundamental analysis
Snowflake Score
Valuation0/6
Future Growth3/6
Past Performance1/6
Financial Health5/6
Dividends0/6

Rewards

Earnings are forecast to grow 44.28% per year

Risk Analysis

Profit margins (2.1%) are lower than last year (5.8%)


My Notes

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Community Narratives

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WA
Analyst Price Target
Consensus Narrative from 15 Analysts

The Company's WaveLogic 6 Extreme And Blue Planet Innovations Will Propel Growth In AI And Cloud Markets

Key Takeaways WaveLogic 6 Extreme and rising cloud demand position Ciena as a leader in high-capacity network solutions, boosting future revenue growth. Expansion into data center interconnects and intelligent automation is expected to enhance margins and broaden Ciena's revenue streams.
View narrative
US$87.93
FV
4.9% undervalued intrinsic discount
9.11%
Revenue growth p.a.
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1users have followed this narrative
3 days ago author updated this narrative

Ciena Corporation Competitors

Juniper Networks

NYSE:JNPR

US$12.6b

F5

NasdaqGS:FFIV

US$14.9b

Ubiquiti

NYSE:UI

US$20.8b

Motorola Solutions

NYSE:MSI

US$77.2b

Price History & Performance

Summary of share price highs, lows and changes for Ciena
Historical stock prices
Current Share PriceUS$83.61
52 Week HighUS$91.82
52 Week LowUS$43.30
Beta0.89
1 Month Change13.63%
3 Month Change31.48%
1 Year Change80.08%
3 Year Change14.46%
5 Year Change100.79%
Change since IPO-35.44%

Recent News & Updates

Ciena's (NYSE:CIEN) Soft Earnings Don't Show The Whole Picture

Dec 28
Ciena's (NYSE:CIEN) Soft Earnings Don't Show The Whole Picture

Ciena Delivers Strong Q4 Earnings, But Valuation Demands Precision

Dec 16

Ciena Corporation's (NYSE:CIEN) 26% Price Boost Is Out Of Tune With Revenues

Dec 14
Ciena Corporation's (NYSE:CIEN) 26% Price Boost Is Out Of Tune With Revenues

Recent updates

Ciena's (NYSE:CIEN) Soft Earnings Don't Show The Whole Picture

Dec 28
Ciena's (NYSE:CIEN) Soft Earnings Don't Show The Whole Picture

Ciena Delivers Strong Q4 Earnings, But Valuation Demands Precision

Dec 16

Ciena Corporation's (NYSE:CIEN) 26% Price Boost Is Out Of Tune With Revenues

Dec 14
Ciena Corporation's (NYSE:CIEN) 26% Price Boost Is Out Of Tune With Revenues

Ciena Corporation: Hold, Financials Are Weak Amid A Decisive Technical Turn

Nov 27

The Returns On Capital At Ciena (NYSE:CIEN) Don't Inspire Confidence

Nov 21
The Returns On Capital At Ciena (NYSE:CIEN) Don't Inspire Confidence

Is Ciena (NYSE:CIEN) Using Too Much Debt?

Nov 06
Is Ciena (NYSE:CIEN) Using Too Much Debt?

Is There An Opportunity With Ciena Corporation's (NYSE:CIEN) 34% Undervaluation?

Oct 21
Is There An Opportunity With Ciena Corporation's (NYSE:CIEN) 34% Undervaluation?

Ciena Corporation (NYSE:CIEN) Stocks Shoot Up 30% But Its P/E Still Looks Reasonable

Oct 06
Ciena Corporation (NYSE:CIEN) Stocks Shoot Up 30% But Its P/E Still Looks Reasonable

Is It Time To Consider Buying Ciena Corporation (NYSE:CIEN)?

Sep 16
Is It Time To Consider Buying Ciena Corporation (NYSE:CIEN)?

Ciena: Expecting Growth To Continue Growing From Here On

Sep 06

The Price Is Right For Ciena Corporation (NYSE:CIEN)

Aug 15
The Price Is Right For Ciena Corporation (NYSE:CIEN)

There Are Reasons To Feel Uneasy About Ciena's (NYSE:CIEN) Returns On Capital

Jul 28
There Are Reasons To Feel Uneasy About Ciena's (NYSE:CIEN) Returns On Capital

Does Ciena (NYSE:CIEN) Have A Healthy Balance Sheet?

Jul 13
Does Ciena (NYSE:CIEN) Have A Healthy Balance Sheet?

Ciena Corporation's (NYSE:CIEN) Intrinsic Value Is Potentially 82% Above Its Share Price

Jun 27
Ciena Corporation's (NYSE:CIEN) Intrinsic Value Is Potentially 82% Above Its Share Price

Ciena: Reiterate Buy Rating, Worst Of This Cycle May Be Over

Jun 19

At US$45.92, Is Ciena Corporation (NYSE:CIEN) Worth Looking At Closely?

Jun 12
At US$45.92, Is Ciena Corporation (NYSE:CIEN) Worth Looking At Closely?

Why Ciena Soared And Then Slumped After Q2 2024 Earnings

Jun 10

Returns On Capital At Ciena (NYSE:CIEN) Have Stalled

Apr 27
Returns On Capital At Ciena (NYSE:CIEN) Have Stalled

Investors Still Waiting For A Pull Back In Ciena Corporation (NYSE:CIEN)

Apr 07
Investors Still Waiting For A Pull Back In Ciena Corporation (NYSE:CIEN)

Ciena's Large Legacy Business Weighing On Near-Term Growth And Sentiment

Apr 05

Shareholders Can Be Confident That Ciena's (NYSE:CIEN) Earnings Are High Quality

Mar 20
Shareholders Can Be Confident That Ciena's (NYSE:CIEN) Earnings Are High Quality

Is Ciena (NYSE:CIEN) A Risky Investment?

Mar 05
Is Ciena (NYSE:CIEN) A Risky Investment?

Is Now An Opportune Moment To Examine Ciena Corporation (NYSE:CIEN)?

Jan 29
Is Now An Opportune Moment To Examine Ciena Corporation (NYSE:CIEN)?

Ciena: Technological Leader In A Secular Growth Market

Dec 19

Ciena: Capitalizing On Growing Demand Drivers

Nov 01

Ciena: Path To Recovery But Undervalued By The Market

Oct 16

Ciena Guidance Helps Ease Some Fears, But Near-Term Demand Is Likely To Be Choppy

Aug 31

Ciena: Supply Chain Improving Faster Than Expected Makes It A Buy

Jul 21

Ciena Hit Hard On Softer Short-Term Demand Trends

Jun 07

Shareholder Returns

CIENUS CommunicationsUS Market
7D-3.5%-0.1%-0.2%
1Y80.1%42.1%25.8%

Return vs Industry: CIEN exceeded the US Communications industry which returned 41.6% over the past year.

Return vs Market: CIEN exceeded the US Market which returned 25.6% over the past year.

Price Volatility

Is CIEN's price volatile compared to industry and market?
CIEN volatility
CIEN Average Weekly Movement6.6%
Communications Industry Average Movement6.8%
Market Average Movement6.4%
10% most volatile stocks in US Market18.6%
10% least volatile stocks in US Market3.1%

Stable Share Price: CIEN has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: CIEN's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19928,614Gary Smithwww.ciena.com

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 routing, and switching services.

Ciena Corporation Fundamentals Summary

How do Ciena's earnings and revenue compare to its market cap?
CIEN fundamental statistics
Market capUS$11.88b
Earnings (TTM)US$83.96m
Revenue (TTM)US$4.01b

141.5x

P/E Ratio

3.0x

P/S Ratio

Is CIEN overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
CIEN income statement (TTM)
RevenueUS$4.01b
Cost of RevenueUS$2.30b
Gross ProfitUS$1.72b
Other ExpensesUS$1.64b
EarningsUS$83.96m

Last Reported Earnings

Nov 02, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.59
Gross Margin42.83%
Net Profit Margin2.09%
Debt/Equity Ratio54.9%

How did CIEN perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/05 02:08
End of Day Share Price 2025/01/03 00:00
Earnings2024/11/02
Annual Earnings2024/11/02

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Ciena Corporation is covered by 47 analysts. 14 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Edward ZabitskyACI Research
James KelleherArgus Research Company
Blair KingAvondale Partners