Overview Rating

Speculative

Technicals Analysis

100

0100

Financials Analysis

20

0100

Ciena (NYSE:CIEN) Stock Quotes, Forecast and News Summary

Q: What sector and industry does Ciena (CIEN) operate in?

Ciena is in the Information Technology sector and Communications Equipment industry. They are listed on the NYSE.

Ciena Stock (NYSE: CIEN) stock price, news, charts, stock research, profile.

Open	$56.64
Close	$56.41
Volume / Avg.	1.34M / 1.54M
Day Range	$56.00 - $57.40
52 Wk Range	39.94 - 63.24
Market Cap	$8.12B
P/E Ratio	60.04
Dividend Yield	-
Exchange	NYSE
RSI	61
Short Interest	5.2%
Days to Cover	4.33

Recent News

Stocks Rebound, Chipmakers Halt Bloodbath As Traders Upgrade Rate Cut Wagers; Tesla Rises, Dollar Tree In Free Fall: What's Driving Markets Wednesday?

Wall Street traded slightly higher on Wednesday, rebounding after the sharp sell-off a day earlier that saw chipmakers tumble, with NVIDIA Corp. (NASDAQ:NVDA) shedding around $280 billion in market value — the largest single-day drop in history.

Piero Cingari

Ciena Q3 Earnings: Revenue And EPS Beat, Operating Margin Decline, CFO Retirement And More

Ciena Corp (NYSE: CIEN) reported Q3 revenue of $942.3M, beating analyst estimates of $927.2M. Adjusted EPS was $0.35, above consensus of $0.26. Total Networking Platforms revenue declined by 17.4%, while Total Global Services increased by 3.5%. CFO plans to retire in 12 months.

Anusuya Lahiri

No Respite For US Stocks As Futures Sag, VIX Spikes 10%, Bitcoin Slides: Strategist Warns Of Further Pain In September, But Recommends Buying Dip

The September slump will likely continue as the index futures are sharply lower early Wednesday. Traders will likely wait and watch to see how the labor market data, due for the week, pan out and their implications for the Fed funds rate.

Shanthi Rexaline

Financials

Quarterly

Annual

Name

Revenue Change
Gross Change
EBITDA Change
EBIT Change
Earnings Change

Analyst Trends and Forecast

1

Apr

1

May

3

1

Jun

0

Aug

2

3

Sep

Buy

Hold

Sell

Strong Sell

Analyst Rating and Forecast

3.8

Buy

Strong Buy

Buy

Hold

Sell

Strong Sell

About CIENA Corp.

Sector

Information Technology

Industry

Communications Equipment

Ciena Corp is a network and technology company. It provides network hardware, software, and services...

Compare

EPS worse than industry

Earnings Per Share

EPS is the portion of a company's profit allocated to each outstanding share of common stock. It is a key metric for investors to assess a company's profitability.

Earnings Per Share

EPS is the portion of a company's profit allocated to each outstanding share of common stock. It is a key metric for investors to assess a company's profitability.

EPS worse than industry

FAQ

Q

How do I buy Ciena (CIEN) stock?

A

You can purchase shares of Ciena (NYSE:CIEN) through any online brokerage.

View our list of the best stock brokerages

Q

Who are Ciena (CIEN) competitors?

A

Other companies in Ciena’s space includes: Viavi Solutions (NASDAQ:VIAV), Arista Networks (NYSE:ANET), Cisco Systems (NASDAQ:CSCO), Adtran Holdings (NASDAQ:ADTN) and Lumentum Holdings (NASDAQ:LITE).

Q

What is the forecast, or price target, for Ciena (CIEN) stock?

A

Ciena has a consensus price target of $60.90.

Q

What is the current price for Ciena (CIEN)?

A

The stock price for Ciena (NYSE: CIEN) is $56.5 last updated September 18, 2024 at 6:17 PM EDT.

Q

Does Ciena (CIEN) pay a dividend?

A

There are no upcoming dividends for Ciena.

Q

When is Ciena (NYSE:CIEN) reporting earnings?

A

Ciena’s Q4 earnings are confirmed for Thursday, December 5, 2024.

Q

Is Ciena (CIEN) going to split?

A

There is no upcoming split for Ciena.

Q

What sector and industry does Ciena (CIEN) operate in?

A

Ciena is in the Information Technology sector and Communications Equipment industry. They are listed on the NYSE.

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