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CIEN

Ciena NYSE:CIEN Stock Report

Last Price

US$51.87

Market Cap

US$7.7b

7D

16.1%

1Y

-27.9%

Updated

08 Dec, 2022

Data

Company Financials +
CIEN fundamental analysis
Snowflake Score
Valuation1/6
Future Growth4/6
Past Performance1/6
Financial Health5/6
Dividends0/6

CIEN Stock Overview

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.

Ciena Corporation Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Ciena
Historical stock prices
Current Share PriceUS$51.87
52 Week HighUS$78.28
52 Week LowUS$38.33
Beta1
1 Month Change16.77%
3 Month Change17.01%
1 Year Change-27.89%
3 Year Change21.70%
5 Year Change144.09%
Change since IPO-59.95%

Recent News & Updates

Ciena FQ4 2022 Earnings Preview

Dec 07

Recent updates

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 (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

Why Ciena Corporation (NYSE:CIEN) Could Be Worth Watching

Aug 01
Why Ciena Corporation (NYSE:CIEN) Could Be Worth Watching

Here's Why We Think Ciena (NYSE:CIEN) Might Deserve Your Attention Today

Jun 22
Here's Why We Think Ciena (NYSE:CIEN) Might Deserve Your Attention Today

Is Ciena Corporation (NYSE:CIEN) Trading At A 22% Discount?

Jun 08
Is Ciena Corporation (NYSE:CIEN) Trading At A 22% Discount?

These 4 Measures Indicate That Ciena (NYSE:CIEN) Is Using Debt Reasonably Well

May 27
These 4 Measures Indicate That Ciena (NYSE:CIEN) Is Using Debt Reasonably Well

Returns Are Gaining Momentum At Ciena (NYSE:CIEN)

May 14
Returns Are Gaining Momentum At Ciena (NYSE:CIEN)

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

May 01
Is There Now An Opportunity In Ciena Corporation (NYSE:CIEN)?

Here's Why I Think Ciena (NYSE:CIEN) Might Deserve Your Attention Today

Mar 14
Here's Why I Think Ciena (NYSE:CIEN) Might Deserve Your Attention Today

We Think Ciena (NYSE:CIEN) Can Manage Its Debt With Ease

Feb 15
We Think Ciena (NYSE:CIEN) Can Manage Its Debt With Ease

Ciena (NYSE:CIEN) Shareholders Will Want The ROCE Trajectory To Continue

Feb 03
Ciena (NYSE:CIEN) Shareholders Will Want The ROCE Trajectory To Continue

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

Jan 22
Is Now An Opportune Moment To Examine Ciena Corporation (NYSE:CIEN)?

Here's Why We Think Ciena (NYSE:CIEN) Is Well Worth Watching

Dec 13
Here's Why We Think Ciena (NYSE:CIEN) Is Well Worth Watching

Is Ciena Corporation (NYSE:CIEN) Trading At A 27% Discount?

Nov 15
Is Ciena Corporation (NYSE:CIEN) Trading At A 27% Discount?

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

Nov 02
Ciena (NYSE:CIEN) Seems To Use Debt Quite Sensibly

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

Oct 20
Is There Now An Opportunity In Ciena Corporation (NYSE:CIEN)?

Ciena (NYSE:CIEN) Is Experiencing Growth In Returns On Capital

Sep 23
Ciena (NYSE:CIEN) Is Experiencing Growth In Returns On Capital

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

Aug 14
A Look At The Fair Value Of Ciena Corporation (NYSE:CIEN)

Ciena (NYSE:CIEN) Has A Rock Solid Balance Sheet

Aug 01
Ciena (NYSE:CIEN) Has A Rock Solid Balance Sheet

What Does Ciena Corporation's (NYSE:CIEN) Share Price Indicate?

Jul 19
What Does Ciena Corporation's (NYSE:CIEN) Share Price Indicate?

Ciena (NYSE:CIEN) Is Looking To Continue Growing Its Returns On Capital

Jun 20
Ciena (NYSE:CIEN) Is Looking To Continue Growing Its Returns On Capital

Shareholder Returns

CIENUS CommunicationsUS Market
7D16.1%-2.5%-2.8%
1Y-27.9%-14.2%-19.6%

Return vs Industry: CIEN underperformed the US Communications industry which returned -14.2% over the past year.

Return vs Market: CIEN underperformed the US Market which returned -19.6% over the past year.

Price Volatility

Is CIEN's price volatile compared to industry and market?
CIEN volatility
CIEN Average Weekly Movement5.5%
Communications Industry Average Movement7.1%
Market Average Movement7.4%
10% most volatile stocks in US Market15.5%
10% least volatile stocks in US Market3.3%

Stable Share Price: CIEN is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: CIEN's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19927,205Gary Smithhttps://www.ciena.com

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, Waveserver stackable interconnect system, and the 6500 Reconfigurable line system, and the 5400 family of Packet-Optical platforms, as well as Z-Series Packet-Optical Platform; 3000 family of service delivery switches and service aggregation switches, and the 5000 family of service aggregation switches, as well as 8700 Packetwave Platform and the Ethernet packet configuration for the 5410 Service Aggregation Switch; 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$7.70b
Earnings (TTM)US$152.90m
Revenue (TTM)US$3.63b

50.3x

P/E Ratio

2.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
CIEN income statement (TTM)
RevenueUS$3.63b
Cost of RevenueUS$2.07b
Gross ProfitUS$1.56b
Other ExpensesUS$1.41b
EarningsUS$152.90m

Last Reported Earnings

Oct 29, 2022

Next Earnings Date

Dec 08, 2022

Earnings per share (EPS)1.03
Gross Margin42.95%
Net Profit Margin4.21%
Debt/Equity Ratio39.4%

How did CIEN perform over the long term?

See historical performance and comparison