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Ciena NYSE:CIEN Stock Report

Last Price

US$47.92

Market Cap

US$6.8b

7D

2.1%

1Y

9.4%

Updated

11 Jul, 2024

Data

Company Financials +

CIEN Stock Overview

Provides hardware and software services for delivery of video, data, and voice traffic metro, aggregation, and access communications network worldwide.

CIEN fundamental analysis
Snowflake Score
Valuation3/6
Future Growth3/6
Past Performance1/6
Financial Health5/6
Dividends0/6

Rewards

Risk Analysis

No risks detected for CIEN from our risk checks.

Ciena Corporation Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Ciena
Historical stock prices
Current Share PriceUS$47.92
52 Week HighUS$63.24
52 Week LowUS$39.94
Beta0.94
11 Month Change4.36%
3 Month Change5.09%
1 Year Change9.41%
33 Year Change-15.17%
5 Year Change9.23%
Change since IPO-63.00%

Recent News & Updates

Recent updates

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 (NYSE:CIEN) Has More To Do To Multiply In Value Going Forward

Dec 24
Ciena (NYSE:CIEN) Has More To Do To Multiply In Value Going Forward

Ciena: Technological Leader In A Secular Growth Market

Dec 19

Ciena (NYSE:CIEN) Seems To Use Debt Quite Sensibly

Nov 19
Ciena (NYSE:CIEN) Seems To Use Debt Quite Sensibly

Ciena: Capitalizing On Growing Demand Drivers

Nov 01

Ciena Corporation (NYSE:CIEN) Shares Could Be 29% Above Their Intrinsic Value Estimate

Nov 01
Ciena Corporation (NYSE:CIEN) Shares Could Be 29% Above Their Intrinsic Value Estimate

Ciena: Path To Recovery But Undervalued By The Market

Oct 16

Ciena (NYSE:CIEN) Has Some Way To Go To Become A Multi-Bagger

Sep 25
Ciena (NYSE:CIEN) Has Some Way To Go To Become A Multi-Bagger

Is Now The Time To Look At Buying Ciena Corporation (NYSE:CIEN)?

Sep 04
Is Now The Time To Look At Buying Ciena Corporation (NYSE:CIEN)?

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

Aug 31

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

Aug 16
Does Ciena (NYSE:CIEN) Have A Healthy Balance Sheet?

A Look At The Fair Value Of Ciena Corporation (NYSE:CIEN)

Jul 31
A Look At The Fair Value Of Ciena Corporation (NYSE:CIEN)

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

Jul 21

Ciena (NYSE:CIEN) Has More To Do To Multiply In Value Going Forward

Jun 10
Ciena (NYSE:CIEN) Has More To Do To Multiply In Value Going Forward

Ciena Hit Hard On Softer Short-Term Demand Trends

Jun 07

Is There Now An Opportunity In Ciena Corporation (NYSE:CIEN)?

May 25
Is There Now An Opportunity In Ciena Corporation (NYSE:CIEN)?

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

May 10
Is Ciena (NYSE:CIEN) Using Too Much Debt?

Is There An Opportunity With Ciena Corporation's (NYSE:CIEN) 44% Undervaluation?

Mar 13
Is There An Opportunity With Ciena Corporation's (NYSE:CIEN) 44% Undervaluation?

Ciena's (NYSE:CIEN) Returns Have Hit A Wall

Feb 26
Ciena's (NYSE:CIEN) Returns Have Hit A Wall

Is Now The Time To Look At Buying Ciena Corporation (NYSE:CIEN)?

Feb 09
Is Now The Time To Look At Buying Ciena Corporation (NYSE:CIEN)?

Here's Why Ciena (NYSE:CIEN) Can Manage Its Debt Responsibly

Dec 24
Here's Why Ciena (NYSE:CIEN) Can Manage Its Debt Responsibly

Ciena FQ4 2022 Earnings Preview

Dec 07

Ciena Needs More Chips To Pull Out Of The Dip

Nov 16

Ciena (NYSE:CIEN) Could Be Struggling To Allocate Capital

Nov 16
Ciena (NYSE:CIEN) Could Be Struggling To Allocate Capital

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

Nov 01
Is Now An Opportune Moment To Examine Ciena Corporation (NYSE:CIEN)?

We Think Ciena (NYSE:CIEN) Can Stay On Top Of Its Debt

Sep 22
We Think Ciena (NYSE:CIEN) Can Stay On Top Of Its Debt

Is Ciena Corporation (NYSE:CIEN) Trading At A 39% Discount?

Sep 08
Is Ciena Corporation (NYSE:CIEN) Trading At A 39% Discount?

Ciena Non-GAAP EPS of $0.33 misses by $0.01, revenue of $868M misses by $35.95M

Sep 01

Ciena: Valuation And Opportunity Vs. Supply Chain And (Storm) Clouds

Aug 19

Ciena (NYSE:CIEN) Has More To Do To Multiply In Value Going Forward

Aug 13
Ciena (NYSE:CIEN) Has More To Do To Multiply In Value Going Forward

Shareholder Returns

CIENUS CommunicationsUS Market
7D2.1%-0.6%1.0%
1Y9.4%11.7%21.7%

Return vs Industry: CIEN underperformed the US Communications industry which returned 11.7% over the past year.

Return vs Market: CIEN underperformed the US Market which returned 21.7% over the past year.

Price Volatility

Is CIEN's price volatile compared to industry and market?
CIEN volatility
CIEN Average Weekly Movement4.1%
Communications Industry Average Movement6.1%
Market Average Movement5.8%
10% most volatile stocks in US Market14.7%
10% least volatile stocks in US Market2.8%

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

Volatility Over Time: CIEN's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19928,398Gary Smithwww.ciena.com

Ciena Corporation provides hardware and software services for delivery of video, data, and voice traffic metro, aggregation, and access communications network worldwide. The company’s Networking Platforms segment offers convergence of coherent optical transport, open optical networking, optical transport network switching, IP routing, and switching services. Its products include 6500 Packet-Optical Platform, Waveserver stackable interconnect system, and the 6500 Reconfigurable line system, and the 5400 family of Packet-Optical platforms, as well as 8100 coherent routing platforms; 3000 family of service delivery switches and the 5000 family of service aggregation switches, as well as 8700 Packetwave Platform and 6500 Packet Transport System.

Ciena Corporation Fundamentals Summary

How do Ciena's earnings and revenue compare to its market cap?
CIEN fundamental statistics
Market capUS$6.80b
Earnings (TTM)US$153.63m
Revenue (TTM)US$4.15b

44.8x

P/E Ratio

1.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
CIEN income statement (TTM)
RevenueUS$4.15b
Cost of RevenueUS$2.36b
Gross ProfitUS$1.79b
Other ExpensesUS$1.64b
EarningsUS$153.63m

Last Reported Earnings

Apr 27, 2024

Next Earnings Date

n/a

Earnings per share (EPS)1.07
Gross Margin43.20%
Net Profit Margin3.71%
Debt/Equity Ratio53.9%

How did CIEN perform over the long term?

See historical performance and comparison
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