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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$87.38
Volume3.84M
Average Volume (3M)2.15M
Market Cap
$12.39B
Enterprise Value$12.88B
Total Cash (Recent Filing)$1.10B
Total Debt (Recent Filing)$1.59B
Price to Earnings (P/E)152.9
Beta1.41
Next Earnings
Mar 06, 2025EPS Estimate
$0.42Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.57
Shares Outstanding144,427,200
10 Day Avg. Volume4,113,718
30 Day Avg. Volume2,149,908
Standard Deviation0.11
R-Squared0.21
Alpha0.00442
Financial Highlights & Ratios
Price to Book (P/B)4.37
Price to Sales (P/S)3.08
Price to Cash Flow (P/CF)-19.40
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue3.20
Enterprise Value/Gross Profit6.86
Enterprise Value/Ebitda36.75
Forecast
1Y Price Target
$91.00Price Target Upside4.14% 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 PositionThe company is structurally set up to take significant long-term market share from others in the space.
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 earnings miss was driven by lower than expected gross margin at 41.6%, negatively impacted by large inventory write-offs.
Market DemandTelco spending, which is the majority driver of revenues, still remains constrained.
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
1.43% Insiders
33.91% Mutual Funds
28.47% Other Institutional Investors
12.81% 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 74 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 144,427,200 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:
$91.00 (4.14% Upside)
$91.00 (4.14% Upside)
Blogger Sentiment
Bullish
CIEN Sentiment 100%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Increased
By 1.4M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▲ 19.7%
Last 30 Days ▲ 38.2%
Last 30 Days ▲ 38.2%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
100.50%
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
$91.00
▲(4.14% Upside)
Technical Analysis
Best Analysts Covering CIEN
1 Year
1 Year Success Rate
28/34 ratings generated profit
1 Year Average Return
+19.31%
reiterated a buy rating 9 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 +19.31% per trade.
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