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Ciena (CIEN)
NYSE:CIEN
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CIEN Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$43.30 - $91.82
Previous Close$81.93
Volume1.50M
Average Volume (3M)2.00M
Market Cap
$12.01B
Enterprise Value$12.34B
Total Cash (Recent Filing)$1.25B
Total Debt (Recent Filing)$1.58B
Price to Earnings (P/E)142.7
Beta1.42
Next Earnings
Mar 06, 2025EPS Estimate
$0.42Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.57
Shares Outstanding142,115,595
10 Day Avg. Volume2,818,742
30 Day Avg. Volume1,997,395
Standard Deviation0.11
R-Squared0.18
Alpha0.00751
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)4.13
Price to Sales (P/S)2.99
Price to Cash Flow (P/CF)8.60
P/FCF Ratio7.80
Enterprise Value/Market CapN/A
Enterprise Value/Revenue3.07
Enterprise Value/Gross Profit7.18
Enterprise Value/Ebitda39.21
Forecast
1Y Price Target
$93.00Price Target Upside13.10% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering12
Ciena News
PremiumStock Analysis & Ideas
Citi Says These 2 AI Infrastructure Framework Stocks Are Top Picks for 2025
Bulls Say, Bears Say
Bulls Say
AI And Cloud Traffic GrowthCiena is expected to benefit significantly from a multi-year growth cycle in AI traffic.
Market Share ExpansionThe company is structurally set up to take significant long-term market share from others in the space.
Revenue GrowthStrong pace of investments from Cloud customers, and from Telecom and MOFN looking to leverage the opportunity around investments in interconnects, along with increasing revenue contribution from adjacent market opportunities the company has been investing towards including pluggables and routing is leading the company to issue a medium-term guide which implies a sustainably higher growth rate of 8%-11% relative to the 6%-8% growth rate it has evidenced in the past.
Bears Say
EarningsThe EPS miss was driven by an outsized inventory E&O charge, signaling concerns over financial management and profit expectations.
Revenue GrowthVolatility in Ciena’s top-line growth by year demonstrates the inherent cyclicality and lumpiness of customer orders, leading to concerns to visibility in assuming sustainability of order trends.
ValuationValuation keeps analysts more balanced as the stock now trades closer to ~36x NTM EPS, compared to its traditional ~16x NTM EPS over the last 10 years, indicating potential overvaluation.
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Ownership Overview
1.37% Insiders
32.82% Mutual Funds
<0.01% Other Institutional Investors
42.06% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Tech & InnovationRisks related to the company’s reliance on technology and ability to make innovative products
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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CIEN FAQ
What was Ciena’s price range in the past 12 months?
Ciena lowest stock price was $43.30 and its highest was $91.82 in the past 12 months.
What is Ciena’s market cap?
Currently, no data Available
When is Ciena’s upcoming earnings report date?
Ciena’s upcoming earnings report date is Mar 06, 2025 which is in 56 days.
How were Ciena’s earnings last quarter?
Ciena released its earnings results on Dec 12, 2024. The company reported $0.54 earnings per share for the quarter, missing the consensus estimate of $0.654 by -$0.114.
Is Ciena overvalued?
According to Wall Street analysts Ciena’s price is currently Undervalued.
Does Ciena pay dividends?
Ciena does not currently pay dividends.
What is Ciena’s EPS estimate?
Ciena’s EPS estimate is $0.42.
How many shares outstanding does Ciena have?
Ciena has 142,115,600 shares outstanding.
What happened to Ciena’s price movement after its last earnings report?
Ciena reported an EPS of $0.54 in its last earnings report, missing expectations of $0.654. Following the earnings report the stock price went up 15.449%.
Which hedge fund is a major shareholder of Ciena?
Among the largest hedge funds holding Ciena’s share is Slate Path Capital LP. It holds Ciena’s shares valued at 176M.
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Ciena Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$93.00 (13.10% Upside)
$93.00 (13.10% Upside)
Blogger Sentiment
Bullish
CIEN Sentiment 100%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Increased
By 1.4M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $1.4M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 4.9%
Last 30 Days ▲ 39.2%
Last 30 Days ▲ 39.2%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
76.45%
12-Months-Change
Fundamentals
Return on Equity
2.96%
Trailing 12-Months
Asset Growth
0.71%
Trailing 12-Months
Company Description
Ciena
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.
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CIEN Company Deck
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CIEN Earnings Call
Q4 2024
0:00 / 0:00
Earnings Call Sentiment|Positive
Ciena's earnings call reflects a positive outlook with record-breaking revenue and strong growth in cloud and AI segments. However, the call also highlighted challenges in gross margin due to supply chain issues and inventory management. Despite these challenges, the company's confident in its future growth prospects.Read More>---
CIEN Stock 12 Month Forecast
Average Price Target
$93.00
▲(13.10% Upside)
Technical Analysis
Best Analysts Covering CIEN
1 Year
1 Year Success Rate
28/34 ratings generated profit
1 Year Average Return
+18.97%
reiterated a buy rating 27 days ago
Copying Dave Kang's trades and holding each position for 1 Year would result in 82.35% of your transactions generating a profit, with an average return of +18.97% per trade.
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