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Ciena (CIEN)
NYSE:CIEN
CIEN Stock Chart & Stats
Day’s Range― - ―
52-Week Range$43.30 - $101.44
Previous CloseN/A
Volume617.38K
Average Volume (3M)2.47M
Market Cap
$12.78B
Enterprise Value$9.75B
Total Cash (Recent Filing)N/A
Total Debt (Recent Filing)N/A
Price to Earnings (P/E)151.6
Beta1.53
Next Earnings
Mar 11, 2025EPS Estimate
0.42Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.57
Shares Outstanding142,591,830
10 Day Avg. Volume1,895,503
30 Day Avg. Volume2,469,981
Standard Deviation0.11
R-Squared0.17
Alpha0.00839
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)3.17
Price to Cash Flow (P/CF)9.10
P/FCF Ratio8.30
Enterprise Value/Market Cap0.76
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit5.67
Enterprise Value/Ebitda29.03
Forecast
1Y Price Target
$92.69Price Target Upside6.48% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering13
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Bulls Say, Bears Say
Bulls Say
AI-Related Traffic GrowthCiena benefits significantly from AI-related traffic growth, which is expected to continue for several years.
Cloud Traffic ExposureCiena has substantial exposure to Cloud Providers, with more than 60% of revenue driven by Cloud traffic dynamics.
Market Share And PositionThe company is structurally set up to take significant long-term market share from others in the space.
Bears Say
Customer Order VolatilityVolatility 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.
Earnings And MarginsCiena’s better revenue growth and lower margin expectations are driving earnings estimates for FY25 lower relative to consensus.
Valuation ConcernsAt current valuations investors are ignoring several key drivers limiting magnitude of EPS upside: Spending from telcos, which is largest customer vertical, outside of MOFN is still not very exciting.
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Ownership Overview
1.35% Insiders
34.12% Mutual Funds
23.18% Other Institutional Investors
17.50% 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 $101.44 in the past 12 months.
What is Ciena’s market cap?
Ciena’s market cap is $12.78B.
When is Ciena’s upcoming earnings report date?
Ciena’s upcoming earnings report date is Mar 11, 2025 which is in 18 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 142,591,830 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?
Currently, no hedge funds are holding shares in CIEN
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Ciena Stock Smart Score
Neutral
1
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9
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Analyst Consensus
Moderate Buy
Average Price Target:
$92.69 (6.48% Upside)
$92.69 (6.48% Upside)
Blogger Sentiment
Bullish
CIEN Sentiment 100%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Decreased
By 77.0K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $1.4M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Positive
Last 7 Days ▼ 0.6%
Last 30 Days ▲ 4.3%
Last 30 Days ▲ 4.3%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
55.69%
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
$92.69
▲(6.48% Upside)
Technical Analysis
Best Analysts Covering CIEN
1 Year
1 Year Success Rate
28/34 ratings generated profit
1 Year Average Return
+19.64%
reiterated a buy rating 2 months 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 +19.64% per trade.
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