CIEN Stock Overview
Provides hardware and software services for delivery of video, data, and voice traffic metro, aggregation, and access communications network worldwide.
Snowflake Score | |
---|---|
Valuation | 2/6 |
Future Growth | 3/6 |
Past Performance | 1/6 |
Financial Health | 5/6 |
Dividends | 0/6 |
Rewards
Risk Analysis
No risks detected for CIEN from our risk checks.
Ciena Corporation Competitors
Price History & Performance
Historical stock prices | |
---|---|
Current Share Price | US$56.74 |
52 Week High | US$63.24 |
52 Week Low | US$39.94 |
Beta | 0.94 |
11 Month Change | 10.22% |
3 Month Change | 17.79% |
1 Year Change | 13.53% |
33 Year Change | -3.03% |
5 Year Change | 43.21% |
Change since IPO | -56.18% |
Recent News & Updates
The Price Is Right For Ciena Corporation (NYSE:CIEN)
Aug 15There Are Reasons To Feel Uneasy About Ciena's (NYSE:CIEN) Returns On Capital
Jul 28Does Ciena (NYSE:CIEN) Have A Healthy Balance Sheet?
Jul 13Ciena Corporation's (NYSE:CIEN) Intrinsic Value Is Potentially 82% Above Its Share Price
Jun 27Ciena: Reiterate Buy Rating, Worst Of This Cycle May Be Over
Jun 19Recent updates
The Price Is Right For Ciena Corporation (NYSE:CIEN)
Aug 15There Are Reasons To Feel Uneasy About Ciena's (NYSE:CIEN) Returns On Capital
Jul 28Does Ciena (NYSE:CIEN) Have A Healthy Balance Sheet?
Jul 13Ciena Corporation's (NYSE:CIEN) Intrinsic Value Is Potentially 82% Above Its Share Price
Jun 27Ciena: Reiterate Buy Rating, Worst Of This Cycle May Be Over
Jun 19At US$45.92, Is Ciena Corporation (NYSE:CIEN) Worth Looking At Closely?
Jun 12Why Ciena Soared And Then Slumped After Q2 2024 Earnings
Jun 10Returns 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 08Shareholder Returns
CIEN | US Communications | US Market | |
---|---|---|---|
7D | 4.5% | 0.8% | 0.3% |
1Y | 13.5% | 11.8% | 22.2% |
Return vs Industry: CIEN exceeded the US Communications industry which returned 11.8% over the past year.
Return vs Market: CIEN underperformed the US Market which returned 22.2% over the past year.
Price Volatility
CIEN volatility | |
---|---|
CIEN Average Weekly Movement | 5.7% |
Communications Industry Average Movement | 6.0% |
Market Average Movement | 6.3% |
10% most volatile stocks in US Market | 15.0% |
10% least volatile stocks in US Market | 3.1% |
Stable Share Price: CIEN has not had significant price volatility in 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$8.19b |
Earnings (TTM) | US$153.63m |
Revenue (TTM) | US$4.15b |
53.1x
P/E Ratio2.0x
P/S RatioIs CIEN overvalued?
See Fair Value and valuation analysisEarnings & Revenue
CIEN income statement (TTM) | |
---|---|
Revenue | US$4.15b |
Cost of Revenue | US$2.36b |
Gross Profit | US$1.79b |
Other Expenses | US$1.64b |
Earnings | US$153.63m |
Last Reported Earnings
Apr 27, 2024
Next Earnings Date
Sep 04, 2024
Earnings per share (EPS) | 1.07 |
Gross Margin | 43.20% |
Net Profit Margin | 3.71% |
Debt/Equity Ratio | 53.9% |
How did CIEN perform over the long term?
See historical performance and comparison