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Market Cap 6.25B P/E 31.21 EPS this Y -29.00% Ern Qtrly Grth -52.10%
Income 138.13M Forward P/E 12.60 EPS next Y 40.90% 50D Avg Chg -3.00%
Sales 4.02B PEG 3.58 EPS past 5Y -8.15% 200D Avg Chg -10.00%
Dividend N/A Price/Book 2.15 EPS next 5Y 8.90% 52W High Chg -26.00%
Recommedations 2.10 Quick Ratio 2.51 Shares Outstanding 144.43M 52W Low Chg 9.00%
Insider Own 0.94% ROA 2.52% Shares Float 143.03M Beta 0.94
Inst Own 100.73% ROE 4.73% Shares Shorted/Prior 5.93M/4.83M Price 41.82
Gross Margin 43.43% Profit Margin 3.44% Avg. Volume 2,087,972 Target Price 61.93
Oper. Margin 2.98% Earnings Date Dec 5 Volume 1,358,705 Change -0.36%
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
11/19/24 These Are The Five Best Stocks To Buy And Watch Now
11/19/24 When IR Met AI: How the Technology Is Shaping Earnings-Day Prep
11/14/24 Ciena Corporation (CIEN) Rose on Improved Demand
11/12/24 Ciena Announces Reporting Date and Web Broadcast for Fiscal Fourth Quarter and Year End 2024 Results
11/11/24 euNetworks First to Deploy 1.6 Tb/s Coherent Solution in Europe with Ciena’s WaveLogic 6 Extreme
11/11/24 Lumentum Stock, AAOI Drive Telecom-Fiber Optics Group Rebound
10/28/24 Is There An Opportunity With Ciena Corporation's (NYSE:CIEN) 35% Undervaluation?
10/28/24 Ciena Well Placed for AI Opportunities, Near-Term Potential More Limited, Morgan Stanley Says
10/28/24 Morgan Stanley downgrade weighs on Ciena shares in pre-open trade
10/22/24 CIEN's WaveLogic 6 Technology Used by Boldyn Networks: Stock to Gain?
07:00 AM Boldyn Networks Adds Scalable 1.6Tb/s Wavelengths to its Fiber Network in New York and New Jersey
10/19/24 Up 35% in 3 Months, This Tech Stock Could Become the Next Big Artificial Intelligence (AI) Play
10/14/24 Will Increasing Uptake of Ciena's Solutions Aid CIEN Shares?
10/09/24 Morgan Stanley, Jefferies hike Ciena price targets on AI opportunity
10/09/24 On Net Fibra Colombia Deploys Blue Planet to Streamline Delivery of Wholesale Fiber Optic Services
10/08/24 Will Ciena's Optical Technology Adoption by Sify Aid CIEN Shares?
10/08/24 Ciena downgraded to Neutral from Overweight at JPMorgan
10/07/24 Ciena Downgraded: Analyst Cites Telco Spending Slump And Margins Squeeze
10/07/24 Sify Doubles National Long Distance Network Capacity with Ciena Technology
10/04/24 Ciena (CIEN) Up 24.5% Since Last Earnings Report: Can It Continue?
CIEN Chatroom

User Image StocktwitsNews Posted - 2 days ago

Harmonic Stock In Focus After Ancora Holdings Sees Clear Opportunity To Attract Buyers. $HLIT $CIEN https://stevents.onelink.me/wmCS/1910c1ck

User Image bhaviknair Posted - 2 days ago

$HLIT $CIEN Harmonic Stock In Focus After Ancora Holdings Sees Clear Opportunity To Attract Buyers https://stocktwits.com/news-articles/markets/5/harmonic-stock-in-focus-after-ancora-highlights-opportunity-to-get-acquired/cJ4vfiDRQh

User Image RD008 Posted - 3 days ago

$CSCO cisco built massive infrastructure using 10000 NVIDIA gpus to detect security threats and issues, fixing vulnerabilities goin to take over 80% security markets $CIEN $JNPR $ANET $PANW

User Image UncleStock Posted - 4 days ago

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

User Image RD008 Posted - 5 days ago

$CIEN big service providers have returned ciena deivces for too many software quality issues Mgmt hiding lots of information

User Image RD008 Posted - 1 week ago

$CIEN no AI-ML products and no good insights into future. This may likely to hit $40 in few months

User Image WhisperNumber Posted - 10/31/24

$JNPR #earnings after close, the expectation from the WhisperNumber community is $0.46, 2c ahead of analyst estimates. Earnings came in $0.18 short of the whisper last quarter. 61% beat rate. Implied move +/-1.9%. https://www.whispernumber.com/wr_alerts.jsp #options #trading $FFIV $UI $CIEN

User Image indievestments Posted - 10/25/24

$FLEX is a mfg partner of $CIEN who unveiled 1.6T switch networking product and $1B buyback. Ciena appears confident in future outlook re hyper scale growth. Should flow thru to FLEX. https://www.ciena.com/about/newsroom/press-releases/ciena-unveils-1.6-tbs-coherent-pluggable-solution-for-hyperscale-cloud-providers-capacity-surge https://investors.flex.com/news/news-details/2023/Ciena-Invests-in-U.S.-Manufacturing-with-Flex-to-Support-BEAD-funded-Projects-Strengthen-Domestic-Supply-Chain-and-Add-High-Tech-Jobs/default.aspx

User Image WeeklyTrader Posted - 10/23/24

Bearish pressure building on $CIEN! RSI: 59.38% 50-day MA: $59.24 200-day MA: $52.28

User Image insiderbuyingselling Posted - 1 month ago

$CIEN new insider selling: 1289 shares. http://insiderbuyingselling.com/?t=CIEN

User Image WeeklyTrader Posted - 1 month ago

Invest in the future with $CIEN! RSI: 68.16% 50-day MA: $57.0 200-day MA: $51.65

User Image mangingriskandcandles Posted - 1 month ago

$CIEN evening star. Put time

User Image WeeklyTrader Posted - 1 month ago

Watch your step with $CIEN! RSI: 71.24% 50-day MA: $56.61 200-day MA: $51.54

User Image WeeklyTrader Posted - 1 month ago

Be proactive against market volatility! $CIEN 67.5p RSI: 71.24% 50-day MA: $56.61 200-day MA: $51.54

User Image IN0V8 Posted - 1 month ago

$CIEN Opportunity Jefferies raises target price to $80 from $65 Morgan Stanley raises target price to $63 from $60 Stifel raises target price to $75 from $68

User Image erevnon Posted - 1 month ago

Morgan Stanley maintains Ciena $CIEN at Overweight and raises the price target from $60 to https://marketsblock.com/stock-upgrades-and-downgrades/

User Image Maverick11 Posted - 1 month ago

$CIEN This is very bullish action in a sort of choppy market. Intrigued here a bit. mav

User Image mangingriskandcandles Posted - 1 month ago

$CIEN should come down a bit

User Image JackDarwin Posted - 1 month ago

$CIEN Nice Gap Up Formed.

User Image DonCorleone77 Posted - 1 month ago

$CIEN Ciena announces $1B share repurchase program Ciena announced that its board of directors has authorized a program to repurchase up to $1B of the company's common stock, commencing in fiscal year 2025 and continuing through the end of fiscal year 2027.

User Image insiderbuyingselling Posted - 1 month ago

$CIEN new insider selling: 2200 shares. http://insiderbuyingselling.com/?t=CIEN

User Image JackDarwin Posted - 09/23/24

$CIEN Bullish Gap Up Formed. https://www.stockaio.com/US/ai/Stock/CIEN/Candlestick

User Image topstockalerts Posted - 09/23/24

$CIEN Ciena Stock Goes to Buy From Sell at Citi. Here’s Why https://www.marketwatch.com/articles/ciena-stock-upgrade-buy-sell-2cb88fc1?mod=barrons-on-marketwatch

User Image Stocksrunner Posted - 09/23/24

Unlocking Opportunities: Why $CIEN $BA $KDP $DMF and $COF Are Making Waves Today! https://stocksrunner.com/posts/1187

User Image DonCorleone77 Posted - 09/23/24

$INTC $BDTX $CIEN $GM $PLTR Please feel free to follow me for pre-market and after-hours movers every day: PRE-MARKET MOVERS: Currently Higher After Earnings/Guidance: -- Ennis (EBF) up 5.4% Currently Also Higher: -- Black Diamond Therapeutics (BDTX) up 23.7% after reporting initial Phase 2 data demonstrating clinical responses and durability of BDTX-1535 in patients with relapsed/refractory epidermal growth factor receptor-mutant non-small cell lung cancer -- Ciena (CIEN) up 3.4% after Citi double upgraded the stock to Buy from Sell with a price target of $68, up from $44 -- Intel (INTC) up 1.3% after Bloomberg reported Apollo Global (APO) has offered to make a multibillion-dollar investment in the company Currently Lower: -- General Motors (GM) down 3.0% after Bernstein downgraded shares to Market Perform from Outperform with a $53 price target -- Palantir Technologies (PLTR) down 1.2% after Raymond James downgraded the stock to Market Perform from Outperform

User Image basscat12 Posted - 09/23/24

$BDTX $NVVE $CIEN Pre-Market Gap Up, delayed, courtesy @barchart, presented with @Vegas1 to help follow the money!

User Image basscat12 Posted - 09/23/24

$BK $CIEN $CORZ Morning Mash-Up, page 4, Highlighted Analyst Activity, Courtesy @TheTradeXchange , "Built For Traders, By Traders", and presented with @Vegas1 to help prepare for today's market

User Image garygb Posted - 1 month ago

$CIEN Just don't like the ugly rumors. Think this has peaked.

User Image insiderbuyingselling Posted - 2 months ago

$CIEN new insider selling: 1289 shares. http://insiderbuyingselling.com/?t=CIEN

User Image insiderbuyingselling Posted - 2 months ago

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

Analyst Ratings
Citigroup Buy Sep 23, 24
B of A Securities Neutral Sep 5, 24
Rosenblatt Neutral Sep 5, 24
Barclays Overweight Sep 5, 24
Needham Buy Sep 5, 24
Morgan Stanley Overweight Sep 4, 24
Northland Capital Markets Market Perform Sep 3, 24
Stifel Buy Sep 3, 24
Needham Buy Aug 22, 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