Overview Rating

Speculative

Technicals Analysis

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Financials Analysis

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Ciena Stock (NYSE:CIEN), Quotes 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	$49.110
Close	$49.100
Volume / Avg.	955.232K / 2.043M
Day Range	48.550 - 49.360
52 Wk Range	39.940 - 63.240
Market Cap	$7.100B
P/E Ratio	31.766
Dividend Yield	-
Exchange	NYSE
RSI	60
Short Interest	4.09%
Days to Cover	2.96

Recent News

Why HighPeak Energy Shares Are Trading Lower By 15%? Here Are Other Stocks Moving In Thursday's Mid-Day Session

Shares of HighPeak Energy, Inc. (NASDAQ: HPK) fell sharply during Thursday’s session after the company reported worse-than-expected fourth-quarter revenue results.

Avi Kapoor

S&P 500 Reclaims All-Time Highs As Powell Hints At Rate Cuts, Nvidia Breaks $900, Bitcoin Nears Record Levels: What's Driving Market Thursday?

The S&P 500 soared past the 5,150-point mark during midday trading in New York, reclaiming its record-high territory set earlier in the week.

Piero Cingari

Why Is Networking Company Ciena Stock Plunging Thursday?

Ciena reported Q1 revenue decline of 1.8% to $1.04B, beating estimates. EPS of $0.66 also beat consensus. Margins improved. Ciena expects fiscal 2024 revenue of $4 billion - $4.3 billion, down from previous expectations for 1%-4% growth.

Anusuya Lahiri

Financials

Quarterly

Annual

Name

Revenue Change
Gross Change
EBITDA Change
EBIT Change
Earnings Change

Analyst Trend

Jan

Feb

Mar

Apr

Buy

Hold

Sell

Strong Sell

Analyst Rating

3.6

Buy

Strong Buy

Buy

Hold

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Strong Sell

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

How do I buy Ciena (CIEN) stock?

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

View our list of the best stock brokerages.

Who are Ciena's (CIEN) competitors?

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).

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

The latest price target for Ciena (NYSE: CIEN) was reported by Citigroup on Friday, April 12, 2024. The analyst firm set a price target for 44.00 expecting CIEN to fall to within 12 months (a possible -10.39% downside). 38 analyst firms have reported ratings in the last year.

Current Stock Price for Ciena (CIEN)?

The stock price for Ciena (NYSE: CIEN) is $49.1 last updated May 10, 2024 at 4:00 PM EDT.

Does Ciena (CIEN) pay a dividend?

There are no upcoming dividends for Ciena.

When is Ciena (NYSE:CIEN) reporting earnings?

Ciena’s Q2 earnings are confirmed for Thursday, June 6, 2024.

Is Ciena (CIEN) going to split?

There is no upcoming split for Ciena.

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.

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