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Ciena Corporation (CIEN)
:CIEN
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CIEN Stock Chart & Stats
Day’s Range― - ―
52-Week Range$43.30 - $91.82
Previous CloseN/A
Volume617.38K
Average Volume (3M)2.39M
Market Cap
$11.94B
Enterprise Value$9.75B
Total Cash (Recent Filing)$919.65M
Total Debt (Recent Filing)$657.10M
Price to Earnings (P/E)147.6
Beta1.44
Next Earnings
Mar 06, 2025EPS Estimate
0.42Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.57
Shares Outstanding142,115,600
10 Day Avg. Volume1,639,515
30 Day Avg. Volume2,393,268
Standard Deviation0.11
R-Squared0.18
Alpha0.00751
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)2.97
Price to Cash Flow (P/CF)8.60
P/FCF Ratio7.80
Enterprise Value/Market Cap0.82
Enterprise Value/Revenue2.43
Enterprise Value/Gross Profit5.67
Enterprise Value/Ebitda30.98
Forecast
1Y Price Target
$92.38Price Target Upside8.99% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering13
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 Traffic GrowthCiena is expected to benefit significantly from a multi-year growth cycle in AI traffic.
Market Share ExpansionCiena is considered a structural long-term winner in the optical networking space, set to take significant market share from competitors.
Revenue GrowthThe company now sees annual growth of 8-11%, with cloud and AI demand driving the upside vs the prior 6-8% target range.
Bears Say
EarningsThe EPS miss was driven by an outsized inventory E&O charge.
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.
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Ownership Overview
1.36% Insiders
32.82% Mutual Funds
0.30% Other Institutional Investors
41.89% 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 Corporation’s price range in the past 12 months?
Ciena Corporation lowest stock price was $43.30 and its highest was $91.82 in the past 12 months.
What is Ciena Corporation’s market cap?
Ciena Corporation’s market cap is $11.94B.
When is Ciena Corporation’s upcoming earnings report date?
Ciena Corporation’s upcoming earnings report date is Mar 06, 2025 which is in 44 days.
How were Ciena Corporation’s earnings last quarter?
Ciena Corporation 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 Corporation overvalued?
According to Wall Street analysts Ciena Corporation’s price is currently Undervalued.
Does Ciena Corporation pay dividends?
Ciena Corporation does not currently pay dividends.
What is Ciena Corporation’s EPS estimate?
Ciena Corporation’s EPS estimate is 0.42.
How many shares outstanding does Ciena Corporation have?
Ciena Corporation has 142,115,600 shares outstanding.
What happened to Ciena Corporation’s price movement after its last earnings report?
Ciena Corporation 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 Corporation?
Among the largest hedge funds holding Ciena Corporation’s share is Slate Path Capital LP. It holds Ciena Corporation’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:
$92.38 (8.99% Upside)
$92.38 (8.99% Upside)
Blogger Sentiment
Bullish
CIEN Sentiment 70%
Sector Average 68%
Sector Average 68%
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 ▼ 1.7%
Last 30 Days ▲ 13.8%
Last 30 Days ▲ 13.8%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
67.21%
12-Months-Change
Fundamentals
Return on Equity
2.96%
Trailing 12-Months
Asset Growth
0.71%
Trailing 12-Months
Company Description
Ciena Corporation
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
$92.38
▲(8.99% Upside)
Technical Analysis
Best Analysts Covering CIEN
1 Year
1 Year Success Rate
28/34 ratings generated profit
1 Year Average Return
+19.00%
reiterated a buy rating last month
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 +19.00% per trade.
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