$51.16
2.42% day before yesterday
NYSE, Sep 06, 10:10 pm CET
ISIN
US1717793095
Symbol
CIEN

Ciena Corporation Stock price

$51.16
+4.45 9.53% 1M
-10.80 17.43% 6M
+6.15 13.66% YTD
+2.42 4.97% 1Y
-5.76 10.12% 3Y
+11.64 29.45% 5Y
+31.87 165.22% 10Y
NYSE, Closing price Fri, Sep 06 2024
-1.27 2.42%
ISIN
US1717793095
Symbol
CIEN
Sector

Key metrics

Market capitalization $7.35b
Enterprise Value $7.85b
P/E (TTM) P/E ratio 54.54
EV/FCF (TTM) EV/FCF 27.81
EV/Sales (TTM) EV/Sales 1.95
P/S ratio (TTM) P/S ratio 1.83
P/B ratio (TTM) P/B ratio 2.56
Revenue growth (TTM) Revenue growth -4.91%
Revenue (TTM) Revenue $4.02b
EBIT (operating result TTM) EBIT $227.91m
Free Cash Flow (TTM) Free Cash Flow $282.22m
Cash position $1.10b
EPS (TTM) EPS $0.94
P/E forward 64.90
P/S forward 1.84
EV/Sales forward 1.96
Short interest 4.37%
Show more

Is Ciena Corporation a Top Scorer Stock based on the Dividend, High-Growth-Investing or Leverman Strategy?

As a Free StocksGuide user, you can view scores for all 6,914 stocks worldwide.

Ciena Corporation Stock Analysis

Unlock Scores for Free

Analyst Opinions

18 Analysts have issued a Ciena Corporation forecast:

12x Buy
67%
5x Hold
28%
1x Sell
6%

Analyst Opinions

18 Analysts have issued a Ciena Corporation forecast:

Buy
67%
Hold
28%
Sell
6%

Financial data from Ciena Corporation

Income Statement P&L | Balance Sheet | Cash Flow


Quarter TTM Annually
Jul '24
+/-
%
4,020 4,020
5% 5%
100%
- Direct Costs 2,400 2,400
5% 5%
60%
1,621 1,621
4% 4%
40%
- Selling and Administrative Expenses 588 588
7% 7%
15%
- Research and Development Expense 669 669
6% 6%
17%
364 364
30% 30%
9%
- Depreciation and Amortization 136 136
3% 3%
3%
EBIT (Operating Income) EBIT 228 228
40% 40%
6%
Net Profit 138 138
38% 38%
3%

In millions USD.

Don't miss a Thing! We will send you all news about Ciena Corporation directly to your mailbox free of charge.

If you wish, we will send you an e-mail every morning with news on stocks of your portfolios.

Ciena Corporation Stock News

Positive
Seeking Alpha
2 days ago
I maintain a buy rating for CIEN, as 3Q24 performance shows solid evidence of entering a growth cycle. CIEN's 3Q24 revenue of $942 million beat estimates, with strong cost control driving adjusted EPS to $0.35. Growth driven by robust demand from cloud providers and AI infrastructure investments, with a growing customer base and orders for WaveLogic 6.
Positive
The Motley Fool
3 days ago
The veteran optical networking specialist posted its latest set of quarterly earnings. Both revenue and profitability were down, yet still beat consensus analyst estimates.
Neutral
Seeking Alpha
3 days ago
Ciena Corporation (NYSE:CIEN ) Q3 2024 Earnings Conference Call September 4, 2024 8:30 AM ET Company Participants Gregg Lampf - Vice President of Investor Relations Gary Smith - President and Chief Executive Officer Jim Moylan - Chief Financial Officer Scott McFeely - Executive Advisor Conference Call Participants Meta Marshall - Morgan Stanley Simon Leopold - Raymond James Samik Chatterjee - J...
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 8,483
Founded 1992
Website www.ciena.com

Register for Free

StocksGuide is the ultimate tool for easily finding, analyzing and tracking stocks. Learn from successful investors and make informed investment decisions. We empower you to become a confident, independent investor.

The Apple stock at a glance with charts, current key metrics, news and stock analyses.
The Best Dividend Stocks in the Dividend Top Scorer list.
Stock Analyses of the Best Stocks Worldwide.
Start building wealth today