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CIEN - Ciena Corporation
Market Cap 6.25B P/E 31.21 EPS this Y -16.50% Ern Qtrly Grth -35.00%
Income 228.13M Forward P/E 12.60 EPS next Y 38.80% 50D Avg Chg -3.00%
Sales 4.37B PEG 0.73 EPS past 5Y 3.35% 200D Avg Chg -10.00%
Dividend N/A Price/Book 2.15 EPS next 5Y 29.50% 52W High Chg -26.00%
Recommedations 2.10 Quick Ratio 2.86 Shares Outstanding 144.60M 52W Low Chg 9.00%
Insider Own 0.98% ROA 4.24% Shares Float 143.17M Beta 1.00
Inst Own 100.24% ROE 7.92% Shares Shorted/Prior 5.20M/5.28M Price 41.82
Gross Margin 43.27% Profit Margin 5.22% Avg. Volume 2,087,972 Target Price 58.00
Oper. Margin 8.63% Earnings Date Jun 6 Volume 1,358,705 Change -0.36%
Technology | Communication Equipment | United States
About Ciena Corporation

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. This segment also sells operating system software and enhanced software features embedded in each of its products. The company's Blue Planet Automation Software and Services segment provides multi-domain service orchestration, inventory, route optimization and analysis, multi-cloud orchestration, and unified assurance and analytics services. Its Platform Software and Service segment offers MCP domain controller solution, and OneControl unified management system, as well as planning tools. The company's Global Services segment provides maintenance support and training, installation and deployment, and consulting and network design services. Ciena Corporation was incorporated in 1992 and is headquartered in Hanover, Maryland.

Ciena Corporation News
05/17/24 Insider Sale: SVP and Chief Strategy Officer David Rothenstein Sells 3,500 Shares of Ciena Corp ...
05/17/24 Insider Sale: President and CEO Gary Smith Sells 4,166 Shares of Ciena Corp (CIEN)
05/17/24 Ciena's (CIEN) WaveLogic 5 Extreme Used by Conterra Networks
05/16/24 These Are The 5 Best Stocks To Buy And Watch Right Now
05/15/24 Conterra Networks Launches 400Gb/s Waves Service for Carrier Clients with Ciena
05/03/24 Insider Sale: President and CEO Gary Smith Sells Shares of Ciena Corp (CIEN)
05/01/24 Ciena Announces Reporting Date and Web Broadcast for Fiscal Second Quarter 2024 Results
04/30/24 Shhh! 3 Secret 5G Stocks Flying Below Wall Street’s Radar
04/28/24 11 Oversold Growth Stocks to Buy Right Now
04/18/24 President and CEO Gary Smith Sells 4,166 Shares of Ciena Corp (CIEN)
04/18/24 Insider Sell: SVP and Chief Strategy Officer David Rothenstein Sells 3,500 Shares of Ciena Corp ...
04/16/24 HSPnet Launches High Capacity B3JS and BDMCS Networks
04/12/24 Ciena Has an AI Opportunity but It May Take Time. Citi Says to Sell.
04/09/24 Blue Planet Unveils Industry’s Only Multi-Cloud Native OSS Platform
04/03/24 Insider Sell: Ciena Corp President and CEO Gary Smith Sells 4,166 Shares
03/27/24 Ciena (CIEN), Toshiba Team Up for Quantum Safe Technology
03/27/24 Ciena Celebrates Major Customer Milestones and Optical Leadership at OFC 2024 in San Diego
03/26/24 Toshiba, Ciena Collaborate to Demonstrate Quantum Secure Communication at OFC
03/21/24 Ciena Corporation's (NYSE:CIEN) Stock Is Rallying But Financials Look Ambiguous: Will The Momentum Continue?
03/11/24 SEA-ME-WE 4 Enables Global Digitalization with Enhanced Connectivity Powered by Ciena
CIEN Chatroom

User Image UncleStock Posted - 2 days ago

$UI $CIEN $CLFD $CSCO suggested for Telecommunications Equipment - value screen: https://zpr.io/WLfZRfEVYjSR

User Image UncleStock Posted - 2 days ago

$SURG $UI $LBRDK $CIEN suggested for Telecommunications - value screen: https://zpr.io/nFWFt

User Image insiderbuyingselling Posted - 2 weeks ago

$CIEN new insider selling: 4166 shares. http://insiderbuyingselling.com/?t=CIEN

User Image UncleStock Posted - 2 weeks ago

$CLFD $CIEN $UI $CSCO suggested for Telecommunications Equipment - value screen: https://zpr.io/WLfZRfEVYjSR

User Image Stock_Titan Posted - 2 weeks ago

$CIEN Ciena Announces Reporting Date and Web Broadcast for Fiscal Second Quarter 2024 Results https://www.stocktitan.net/news/CIEN/ciena-announces-reporting-date-and-web-broadcast-for-fiscal-second-06pndfte0nfl.html

User Image UncleStock Posted - 04/30/24

$SURG $CLFD $CIEN $LICT suggested for Telecommunications - value screen: https://zpr.io/nFWFt

User Image BinaryLogic Posted - 04/26/24

$CIEN Re-started at/around $43 (historical support) with 25-40% upside (IMO) from this level intermediate term.

User Image BullYa Posted - 04/23/24

$CIEN 📉$40 next supporting target 🎯

User Image UncleStock Posted - 4 weeks ago

$SURG $CLFD $CIEN $LICT suggested for Telecommunications - value screen: https://zpr.io/nFWFt

User Image insiderbuyingselling Posted - 1 month ago

$CIEN new insider selling: 3500 shares. http://insiderbuyingselling.com/?t=CIEN

User Image insiderbuyingselling Posted - 1 month ago

$CIEN new insider selling: 4166 shares. http://insiderbuyingselling.com/?t=CIEN

User Image Stock_Titan Posted - 1 month ago

$CIEN HSPnet Launches High Capacity B3JS and BDMCS Networks https://www.stocktitan.net/news/CIEN/hs-pnet-launches-high-capacity-b3js-and-bdmcs-qess20lt9gd6.html

User Image Stocksrunner Posted - 1 month ago

$CIEN have entered oversold territory, based on the stock's relative strength index (RSI). Is the oversold signal on Ciena a reliable indicator to consider buying the stock? https://stocksrunner.com/symbol/CIEN

User Image UncleStock Posted - 1 month ago

$SURG $CLFD $CIEN $CSCO suggested for Telecommunications - value screen: https://zpr.io/nFWFt

User Image erevnon Posted - 1 month ago

Citigroup initiates coverage on Ciena $CIEN at Sell rating and a price target of https://marketsblock.com/stock-upgrades-and-downgrades/

User Image UncleStock Posted - 1 month ago

$CLFD $CIEN $CSCO $NTGR suggested for Telecommunications Equipment - value screen: https://zpr.io/WLfZRfEVYjSR

User Image Stock_Titan Posted - 1 month ago

$CIEN Blue Planet Unveils Industry’s Only Multi-Cloud Native OSS Platform https://www.stocktitan.net/news/CIEN/blue-planet-unveils-industry-s-only-multi-cloud-native-oss-f8t010apcgw8.html

User Image UncleStock Posted - 1 month ago

$SURG $CLFD $CIEN $CSCO suggested for Telecommunications - value screen: https://zpr.io/nFWFt

User Image insiderbuyingselling Posted - 1 month ago

$CIEN new insider selling: 533 shares. http://insiderbuyingselling.com/?t=CIEN

User Image UncleStock Posted - 03/29/24

$SURG $CLFD $CIEN $CSCO suggested for Telecommunications - value screen: https://zpr.io/nFWFt

User Image Stock_Titan Posted - 03/26/24

$CIEN Toshiba, Ciena Collaborate to Demonstrate Quantum Secure Communication at OFC https://www.stocktitan.net/news/CIEN/toshiba-ciena-collaborate-to-demonstrate-quantum-secure-wb4ttyrrs556.html

User Image UncleStock Posted - 03/26/24

$CLFD $CIEN $CSCO $NTGR suggested for Telecommunications Equipment - value screen: https://zpr.io/WLfZRfEVYjSR

User Image Yonata_21 Posted - 03/25/24

$CIEN this stock is in some MUD

User Image BullYa Posted - 03/25/24

$CIEN opportunity to load it up. Stock should be at 55-58 normal range.

User Image DonCorleone77 Posted - 03/25/24

$CIEN Ciena, DriveNets complete joint testing of ZR/ZR+ solution for cloud platform DriveNets announced the completion of testing and certification of multiple Ciena 400G coherent pluggable transceivers integrated in the DriveNets Network Cloud platform. These successful tests demonstrate how the integrated DriveNets/Ciena solution can optimize service provider networks and build more efficient converged infrastructures. The solution also includes enhanced network configuration and management software capabilities and ensures the Ciena WaveLogic 5 Nano pluggables can be tuned, configured, and managed by DriveNets Network Cloud software.

User Image Stock_Titan Posted - 03/25/24

$CIEN DriveNets and Ciena Complete Joint Testing of ZR/ZR+ Solution for Network Cloud Platform https://www.stocktitan.net/news/CIEN/drive-nets-and-ciena-complete-joint-testing-of-zr-zr-solution-for-zmk18pgvb9u6.html

User Image UncleStock Posted - 03/24/24

$ANET $CIEN $CSCO $FFIV suggested for $NWX US ARCA Networking - value screen: https://zpr.io/tQXyM

User Image BullYa Posted - 03/20/24

$CIEN Rosenblatt Reiterates Buy on Ciena, Maintains $65 Price Target

User Image UncleStock Posted - 03/20/24

$ANET $CIEN $AVGO $CSCO suggested for $NWX US ARCA Networking - value screen: https://zpr.io/tQXyM

User Image Aigner_Andreas Posted - 1 month ago

TD BUY $CIEN at 49.74, Supp 49.50 Resis 62.48 R26 HiLo 42% T1Y 58 buy 2.0 DIV N/A #Ciena Corp #stocks #trading #finance #market

Analyst Ratings
Citigroup Sell Apr 12, 24
Exane BNP Paribas Outperform Apr 11, 24
Rosenblatt Buy Mar 8, 24
Barclays Overweight Mar 8, 24
Needham Buy Mar 8, 24
JP Morgan Overweight Mar 5, 24
Needham Buy Mar 4, 24
Evercore ISI Group Outperform Feb 23, 24
Evercore ISI Group Outperform Jan 12, 24
Insider Trades Relationship Date Transactions Cost($) #Shares Value($) #Share Own SEC Form 4
Rothenstein David M SVP and Chief Strate.. SVP and Chief Strategy Officer Jan 16 Sell 49.72 3,500 174,020 237,001 01/17/24
DiPerna Dino SVP Global R&D SVP Global R&D Jan 02 Sell 44.53 800 35,624 45,935 01/04/24
Gage Brodie SVP Global Products.. SVP Global Products & Supply Jan 02 Sell 44.53 662 29,479 44,001 01/04/24
SMITH GARY B President, CEO President, CEO Jan 02 Sell 45.0425 4,166 187,647 499,010 01/04/24
Phipps Jason SVP Global Sales and.. SVP Global Sales and Marketing Jan 02 Sell 44.53 9,574 426,330 105,414 01/04/24
Cumello Joseph SVP, General Mgr. Bl.. SVP, General Mgr. Blue Planet Dec 15 Sell 44.4 1,216 53,990 58,345 12/19/23
Rothenstein David M SVP and Chief Strate.. SVP and Chief Strategy Officer Dec 15 Sell 44.4 3,500 155,400 246,095 12/18/23
SMITH GARY B President, CEO President, CEO Dec 15 Sell 43.6833 4,166 181,985 538,067 12/18/23
SMITH GARY B President, CEO President, CEO Nov 15 Sell 46.3468 4,166 193,081 402,676 11/20/23
SMITH GARY B President, CEO President, CEO Nov 01 Sell 42.154 4,166 175,614 406,842 11/03/23
Cumello Joseph SVP, General Mgr. Bl.. SVP, General Mgr. Blue Planet Oct 16 Sell 42.45 1,212 51,449 38,163 10/17/23
Rothenstein David M SVP and Chief Strate.. SVP and Chief Strategy Officer Oct 16 Sell 42.45 3,500 148,575 220,159 10/17/23
McFeely Scott SVP, Networking Plat.. SVP, Networking Platforms Oct 16 Sell 42.45 2,000 84,900 85,054 10/17/23
SMITH GARY B President, CEO President, CEO Oct 16 Sell 43.5666 4,166 181,498 411,008 10/17/23
SMITH GARY B President, CEO President, CEO Sep 15 Sell 48.7908 4,166 203,262 428,609 09/19/23
McFeely Scott SVP, Networking Plat.. SVP, Networking Platforms Sep 15 Sell 48.9 2,000 97,800 88,392 09/19/23
Rothenstein David M SVP and Chief Strate.. SVP and Chief Strategy Officer Sep 15 Sell 48.9 3,500 171,150 225,317 09/19/23
SMITH GARY B President, CEO President, CEO Sep 01 Sell 48.7854 4,166 203,240 432,775 09/05/23
McFeely Scott SVP, Networking Plat.. SVP, Networking Platforms Aug 31 Sell 50.0 500 25,000 90,392 09/01/23
SMITH GARY B President, CEO President, CEO Aug 15 Sell 41.9214 4,166 174,645 436,941 08/17/23
McFeely Scott SVP, Networking Plat.. SVP, Networking Platforms Aug 15 Sell 41.76 2,000 83,520 90,892 08/16/23
Cumello Joseph SVP, General Mgr. Bl.. SVP, General Mgr. Blue Planet Aug 15 Sell 41.76 1,212 50,613 41,636 08/16/23
PETRIK ANDREW C VP, CONTROLLER VP, CONTROLLER Aug 15 Sell 41.76 536 22,383 25,365 08/16/23
Rothenstein David M SVP and Chief Strate.. SVP and Chief Strategy Officer Aug 15 Sell 41.76 3,500 146,160 228,817 08/16/23
Cumello Joseph SVP, General Mgr. Bl.. SVP, General Mgr. Blue Planet Jul 17 Sell 41.2 1,212 49,934 42,848 07/19/23
Phipps Jason SVP Global Sales and.. SVP Global Sales and Marketing Jul 03 Sell 42.59 3,833 163,247 88,104 07/05/23
PETRIK ANDREW C VP, CONTROLLER VP, CONTROLLER May 15 Sell 43.5 1,000 43,500 28,232 05/16/23
Rothenstein David M SVP and Chief Strate.. SVP and Chief Strategy Officer May 15 Sell 43.5 3,500 152,250 240,975 05/16/23
McFeely Scott SVP, Networking Plat.. SVP, Networking Platforms May 15 Sell 43.5 2,000 87,000 98,230 05/16/23
McFeely Scott SVP, Networking Plat.. SVP, Networking Platforms Apr 17 Sell 50.77 2,500 126,925 100,230 04/19/23
Rothenstein David M SVP and Chief Strate.. SVP and Chief Strategy Officer Apr 17 Sell 50.77 3,500 177,695 244,475 04/19/23
PETRIK ANDREW C VP, CONTROLLER VP, CONTROLLER Apr 14 Sell 51.73 1,000 51,730 29,232 04/17/23
SMITH GARY B President, CEO President, CEO Mar 06 Sell 51.1633 3,541 181,169 476,864 03/07/23
Rothenstein David M SVP and Chief Strate.. SVP and Chief Strategy Officer Feb 15 Sell 48.68 3,500 170,380 253,168 02/17/23
PETRIK ANDREW C VP, CONTROLLER VP, CONTROLLER Feb 15 Sell 48.68 1,000 48,680 31,558 02/17/23
SMITH GARY B President, CEO President, CEO Feb 06 Sell 49.4886 3,541 175,239 483,946 02/07/23
NEVENS THOMAS MICHAEL Director Director Jan 12 Sell 74.3074 21,737 1,615,220 12,732 01/31/23
SMITH GARY B President, CEO President, CEO Jan 23 Sell 51.0718 3,541 180,845 487,487 01/25/23
ALEXANDER STEPHEN B SVP, Chief Technolog.. SVP, Chief Technology Officer Mar 15 Sell 52.5 4,000 210,000 70,561 01/19/23
SMITH GARY B President, CEO President, CEO Jan 09 Sell 52.4878 3,541 185,859 491,028 01/11/23
SMITH GARY B President, CEO President, CEO Dec 28 Sell 49.2924 3,541 174,544 494,569 12/30/22
MOYLAN JAMES E JR SVP Finance, CFO SVP Finance, CFO Dec 19 Sell 48.54 2,000 97,080 259,650 12/20/22
PETRIK ANDREW C VP, CONTROLLER VP, CONTROLLER Dec 15 Sell 49.87 1,000 49,870 35,099 12/19/22
McFeely Scott SVP, Networking Plat.. SVP, Networking Platforms Dec 15 Sell 49.87 3,208 159,983 119,653 12/19/22
Rothenstein David M Sr. VP, General Coun.. Sr. VP, General Counsel Dec 15 Sell 49.87 3,500 174,545 270,912 12/19/22
MOYLAN JAMES E JR SVP Finance, CFO SVP Finance, CFO Dec 05 Sell 44.54 2,000 89,080 214,492 12/06/22
MOYLAN JAMES E JR SVP Finance, CFO SVP Finance, CFO Nov 21 Sell 44.43 2,000 88,860 216,492 11/22/22
Rothenstein David M Sr. VP, General Coun.. Sr. VP, General Counsel Nov 15 Sell 45.0 3,500 157,500 231,610 11/17/22
ALEXANDER STEPHEN B SVP, Chief Technolog.. SVP, Chief Technology Officer Nov 15 Sell 45.0 2,000 90,000 21,470 11/17/22
SMITH GARY B President, CEO President, CEO Nov 02 Sell 47.05 3,542 166,651 387,040 11/04/22