Ciena Corporation

NYSE:CIEN Stock Report

Market Cap: US$12.4b

Ciena Past Earnings Performance

Past criteria checks 1/6

Ciena's earnings have been declining at an average annual rate of -16.7%, while the Communications industry saw earnings growing at 8.3% annually. Revenues have been growing at an average rate of 4.1% per year. Ciena's return on equity is 3%, and it has net margins of 2.1%.

Key information

-16.7%

Earnings growth rate

-15.7%

EPS growth rate

Communications Industry Growth31.8%
Revenue growth rate4.1%
Return on equity3.0%
Net Margin2.1%
Last Earnings Update02 Nov 2024

Recent past performance updates

Recent updates

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 (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: 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

Ciena FQ4 2022 Earnings Preview

Dec 07

Revenue & Expenses Breakdown

How Ciena makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

NYSE:CIEN Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
02 Nov 244,01584731767
27 Jul 244,020138724761
27 Apr 244,146154712761
27 Jan 244,368228714756
28 Oct 234,387255706751
29 Jul 234,228221688728
29 Apr 234,028202668689
28 Jan 233,845183657658
29 Oct 223,633153646625
30 Jul 223,703199655605
30 Apr 223,823426672602
29 Jan 223,708491665582
30 Oct 213,621500639566
31 Jul 213,408462617556
01 May 213,396366589539
30 Jan 213,456354574532
31 Oct 203,532361586530
01 Aug 203,672377597534
02 May 203,656321607544
01 Feb 203,627282610550
02 Nov 193,572253597548
03 Aug 193,504237587541
04 May 193,362201574523
31 Jan 193,227162565502
03 Nov 183,094-345554492
31 Jul 182,939751543476
30 Apr 182,849761531472
31 Jan 182,826785519477
28 Oct 172,8021,262512475
31 Jul 172,773138496469
30 Apr 172,715112491468
31 Jan 172,64988490461
31 Oct 162,60173483452
31 Jul 162,57622480447
30 Apr 162,50912474431
31 Jan 162,49019465421
31 Oct 152,44612457414
31 Jul 152,345-5443405
30 Apr 152,345-13450402
31 Jan 152,284-43453400
31 Oct 142,288-41455401
31 Jul 142,281-20461403
30 Apr 142,216-37450398
31 Jan 142,163-54440396

Quality Earnings: CIEN has high quality earnings.

Growing Profit Margin: CIEN's current net profit margins (2.1%) are lower than last year (5.8%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: CIEN's earnings have declined by 16.7% per year over the past 5 years.

Accelerating Growth: CIEN's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: CIEN had negative earnings growth (-66.9%) over the past year, making it difficult to compare to the Communications industry average (1.6%).

Return on Equity

High ROE: CIEN's Return on Equity (3%) is considered low.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 02:07
End of Day Share Price 2024/12/20 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 49 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
Chandan SarkarAuriga USA LLC