$86.66
2.01% day before yesterday
NYSE, Dec 27, 10:00 pm CET
ISIN
US1717793095
Symbol
CIEN

Ciena Corporation Stock price

$86.66
+17.49 25.29% 1M
+38.51 79.98% 6M
+41.65 92.54% YTD
+42.41 95.84% 1Y
+9.42 12.20% 3Y
+43.99 103.09% 5Y
+66.82 336.79% 10Y
NYSE, Closing price Fri, Dec 27 2024
-1.78 2.01%
ISIN
US1717793095
Symbol
CIEN
Sector

Key metrics

Market capitalization $12.32b
Enterprise Value $12.70b
P/E (TTM) P/E ratio 150.95
EV/FCF (TTM) EV/FCF 33.83
EV/Sales (TTM) EV/Sales 3.16
P/S ratio (TTM) P/S ratio 3.07
P/B ratio (TTM) P/B ratio 4.39
Revenue growth (TTM) Revenue growth -8.47%
Revenue (TTM) Revenue $4.01b
EBIT (operating result TTM) EBIT $191.21m
Free Cash Flow (TTM) Free Cash Flow $375.34m
Cash position $1.25b
EPS (TTM) EPS $0.57
P/E forward 69.33
P/S forward 2.79
EV/Sales forward 2.88
Short interest 5.62%
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Is Ciena Corporation a Top Scorer Stock based on the Dividend, High-Growth-Investing or Leverman Strategy?

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Ciena Corporation Stock Analysis

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Analyst Opinions

18 Analysts have issued a Ciena Corporation forecast:

10x Buy
56%
8x Hold
44%

Analyst Opinions

18 Analysts have issued a Ciena Corporation forecast:

Buy
56%
Hold
44%

Financial data from Ciena Corporation

Income Statement P&L | Balance Sheet | Cash Flow


Quarter TTM Annually
Oct '24
+/-
%
4,015 4,015
8% 8%
100%
- Direct Costs 2,418 2,418
8% 8%
60%
1,597 1,597
9% 9%
40%
- Selling and Administrative Expenses 598 598
6% 6%
15%
- Research and Development Expense 675 675
3% 3%
17%
325 325
38% 38%
8%
- Depreciation and Amortization 133 133
6% 6%
3%
EBIT (Operating Income) EBIT 191 191
50% 50%
5%
Net Profit 84 84
67% 67%
2%

In millions USD.

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Ciena Corporation Stock News

Positive
MarketBeat
4 days ago
Just as stocks can gap and crap on an earnings report, meaning the price initially gaps higher on the market open and sells off back to red during the day, stocks can also do the opposite, dump, and gap. Such was the case with leading optical networking solutions provider Ciena Co. NYSE: CIEN after releasing its fiscal fourth quarter 2024 earnings.
Positive
Seeking Alpha
12 days ago
I downgrade CIEN from buy to hold due to its expensive valuation, trading at 35x forward PE, well above its historical trend of 13-20x. CIEN's recent earnings showed strong revenue but missed EPS estimates due to an outsized inventory obsolescence charge; adjusted EPS beat consensus. Growth drivers include rising AI traffic, MOFN projects, and recovering service provider demand, supporting mana...
Positive
Seeking Alpha
13 days ago
Ciena Corporation has shown impressive growth, with a nearly 100% YTD return and a strong annualized ROR of 15.12% since 2015. Ciena's advanced tech, like the WaveLogic 6 Extreme, addresses growing bandwidth demands, but profitability pressures and inventory management challenges persist. Long-term growth prospects in cloud and AI are promising, but the stock's current high price leaves little ...
More Ciena Corporation News

Company Profile

Ciena Corp. engages in the provision of network and communication infrastructure. It operates through the following segments: Converged Packet Optical; Packet Networking; Optical Transport; and Software and Services. The Converged Packet Optical segment develops and sells optical processors, switching systems and operating system software. The Packet Networking segment includes service delivery switches, services aggregation switches, and ethernet packet configurations. The Optical Transport segment manufactures and trades optical transport systems, common photonic layer, data networking products, data center interconnection and virtual networks. The Software and Services segment provides wide area network controller, network functions virtualization platform, and software applications. The company was founded by Patrick H. Nettles in November 1992 and is headquartered in Hanover, MD.

Head office United States
CEO Gary Smith
Employees 8,657
Founded 1992
Website www.ciena.com

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