CIEN Stock Overview
Ciena Corporation provides hardware and software services for delivery of video, data, and voice traffic metro, aggregation, and access communications network worldwide.
| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 3/6 |
| Past Performance | 4/6 |
| Financial Health | 5/6 |
| Dividends | 0/6 |
Rewards
Risk Analysis
CIEN passed our risk checks.
Ciena Corporation Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$48.92 |
| 52 Week High | US$63.24 |
| 52 Week Low | US$39.94 |
| Beta | 0.99 |
| 1 Month Change | 2.58% |
| 3 Month Change | -13.78% |
| 1 Year Change | 12.87% |
| 3 Year Change | -3.40% |
| 5 Year Change | 43.71% |
| Change since IPO | -62.22% |
Recent News & Updates
Returns On Capital At Ciena (NYSE:CIEN) Have Stalled
Apr 27
Investors Still Waiting For A Pull Back In Ciena Corporation (NYSE:CIEN)
Apr 07Ciena's Large Legacy Business Weighing On Near-Term Growth And Sentiment
Apr 05Shareholders Can Be Confident That Ciena's (NYSE:CIEN) Earnings Are High Quality
Mar 20Recent updates
Returns On Capital At Ciena (NYSE:CIEN) Have Stalled
Apr 27Investors Still Waiting For A Pull Back In Ciena Corporation (NYSE:CIEN)
Apr 07Ciena's Large Legacy Business Weighing On Near-Term Growth And Sentiment
Apr 05Shareholders Can Be Confident That Ciena's (NYSE:CIEN) Earnings Are High Quality
Mar 20Is Ciena (NYSE:CIEN) A Risky Investment?
Mar 05Is Now An Opportune Moment To Examine Ciena Corporation (NYSE:CIEN)?
Jan 29Ciena (NYSE:CIEN) Has More To Do To Multiply In Value Going Forward
Dec 24Ciena: Technological Leader In A Secular Growth Market
Dec 19Ciena (NYSE:CIEN) Seems To Use Debt Quite Sensibly
Nov 19Ciena: Capitalizing On Growing Demand Drivers
Nov 01Ciena Corporation (NYSE:CIEN) Shares Could Be 29% Above Their Intrinsic Value Estimate
Nov 01Ciena: Path To Recovery But Undervalued By The Market
Oct 16Ciena (NYSE:CIEN) Has Some Way To Go To Become A Multi-Bagger
Sep 25Is Now The Time To Look At Buying Ciena Corporation (NYSE:CIEN)?
Sep 04Ciena Guidance Helps Ease Some Fears, But Near-Term Demand Is Likely To Be Choppy
Aug 31Does Ciena (NYSE:CIEN) Have A Healthy Balance Sheet?
Aug 16A Look At The Fair Value Of Ciena Corporation (NYSE:CIEN)
Jul 31Ciena: Supply Chain Improving Faster Than Expected Makes It A Buy
Jul 21Ciena (NYSE:CIEN) Has More To Do To Multiply In Value Going Forward
Jun 10Ciena Hit Hard On Softer Short-Term Demand Trends
Jun 07Is There Now An Opportunity In Ciena Corporation (NYSE:CIEN)?
May 25Is Ciena (NYSE:CIEN) Using Too Much Debt?
May 10Is There An Opportunity With Ciena Corporation's (NYSE:CIEN) 44% Undervaluation?
Mar 13Ciena's (NYSE:CIEN) Returns Have Hit A Wall
Feb 26Is Now The Time To Look At Buying Ciena Corporation (NYSE:CIEN)?
Feb 09Here's Why Ciena (NYSE:CIEN) Can Manage Its Debt Responsibly
Dec 24Ciena FQ4 2022 Earnings Preview
Dec 07Ciena Needs More Chips To Pull Out Of The Dip
Nov 16Ciena (NYSE:CIEN) Could Be Struggling To Allocate Capital
Nov 16Is Now An Opportune Moment To Examine Ciena Corporation (NYSE:CIEN)?
Nov 01We Think Ciena (NYSE:CIEN) Can Stay On Top Of Its Debt
Sep 22Is Ciena Corporation (NYSE:CIEN) Trading At A 39% Discount?
Sep 08Ciena Non-GAAP EPS of $0.33 misses by $0.01, revenue of $868M misses by $35.95M
Sep 01Ciena: Valuation And Opportunity Vs. Supply Chain And (Storm) Clouds
Aug 19Ciena (NYSE:CIEN) Has More To Do To Multiply In Value Going Forward
Aug 13Why Ciena Corporation (NYSE:CIEN) Could Be Worth Watching
Aug 01Here's Why We Think Ciena (NYSE:CIEN) Might Deserve Your Attention Today
Jun 22Shareholder Returns
| CIEN | US Communications | US Market | |
|---|---|---|---|
| 7D | 3.0% | 5.2% | 3.3% |
| 1Y | 12.9% | 17.1% | 25.0% |
Return vs Industry: CIEN underperformed the US Communications industry which returned 17.1% over the past year.
Return vs Market: CIEN underperformed the US Market which returned 25% over the past year.
Price Volatility
| CIEN volatility | |
|---|---|
| CIEN Average Weekly Movement | 6.1% |
| Communications Industry Average Movement | 7.0% |
| Market Average Movement | 6.1% |
| 10% most volatile stocks in US Market | 16.5% |
| 10% least volatile stocks in US Market | 3.0% |
Stable Share Price: CIEN's share price has been volatile over the past 3 months.
Volatility Over Time: CIEN's weekly volatility (6%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1992 | 8,398 | Gary Smith | www.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
| CIEN fundamental statistics | |
|---|---|
| Market cap | US$7.12b |
| Earnings (TTM) | US$228.13m |
| Revenue (TTM) | US$4.37b |
31.0x
P/E Ratio1.6x
P/S RatioIs CIEN overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| CIEN income statement (TTM) | |
|---|---|
| Revenue | US$4.37b |
| Cost of Revenue | US$2.48b |
| Gross Profit | US$1.89b |
| Other Expenses | US$1.66b |
| Earnings | US$228.13m |
Last Reported Earnings
Jan 27, 2024
Next Earnings Date
Jun 06, 2024
| Earnings per share (EPS) | 1.58 |
| Gross Margin | 43.27% |
| Net Profit Margin | 5.22% |
| Debt/Equity Ratio | 53.2% |
How did CIEN perform over the long term?
See historical performance and comparison