Ciena Corporation logo

Ciena Corporation (CIEN)

Market Closed
22 Jul, 20:00
NYSE NYSE
$
397. 16
-11.57
-2.8307%
$
56.22B Market Cap
28.79 P/E Ratio
- Div Yield
1.75M Volume
2.28 Eps
$ 408.73
Previous Close
Add Transaction
Day Range
396.95 411.01
Year Range
83.2 637.51
Want to track CIEN and more in your Portfolio? 🎯
Sign up for Marketlog, a portfolio tracker that will exceed your expectations!
Ciena's WaveLogic 6 Deployed by e& UAE to Boost Data Transmission

Ciena's WaveLogic 6 Deployed by e& UAE to Boost Data Transmission

CIEN's WL6e deployed by e& UAE, a first in MEA, enabling ultra-fast 400G connectivity, 10Gb home services and meeting the demands of business customers.

Zacks | 1 year ago
Ciena Q1 Earnings Preview: AI And Data Center Spending Needs To Be Strong

Ciena Q1 Earnings Preview: AI And Data Center Spending Needs To Be Strong

Ciena Corporation's Q1 '25 earnings report is expected to show flat revenue growth, with EPS estimates of $0.41 non-GAAP and $0.14 GAAP on $1.05B in revenues. Key focus areas include AI-driven demand, data center spending, and the performance of new products like WaveLogic 6 Extreme and Nano. Management's confidence in long-term growth (8%-11%) hinges on robust AI and data center investments by tech giants like Meta, Amazon, and Alphabet.

Seekingalpha | 1 year ago
Will Increasing Uptake of Ciena's WaveLogic 6 Extreme Buoy its Shares?

Will Increasing Uptake of Ciena's WaveLogic 6 Extreme Buoy its Shares?

CIEN's advanced WaveLogic 6 Extreme solution is harnessed by Cirion Technologies to bolster the latter's digital infrastructure.

Zacks | 1 year ago
Why Ciena (CIEN) is a Top Value Stock for the Long-Term

Why Ciena (CIEN) is a Top Value Stock for the Long-Term

Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.

Zacks | 1 year ago
Ciena Stock Soars 69% in the Past 6 Months: Will the Uptrend Continue?

Ciena Stock Soars 69% in the Past 6 Months: Will the Uptrend Continue?

CIEN gains from rising network traffic, demand for bandwidth and the adoption of cloud architecture but competition, supply chain issues and higher costs limit its upside.

Zacks | 1 year ago
Ciena Aids Southern Cross to Achieve 1 Tb/s Transpacific Transmission

Ciena Aids Southern Cross to Achieve 1 Tb/s Transpacific Transmission

CIEN's WaveLogic 6 Extreme is used by Southern Cross to reach the world's first transpacific 1 Tb/s single-carrier wavelength on its live production network.

Zacks | 1 year ago
This Magnificent Artificial Intelligence (AI) Stock Jumped 90% in 2024. It Could Soar Over the Next 3 Years.

This Magnificent Artificial Intelligence (AI) Stock Jumped 90% in 2024. It Could Soar Over the Next 3 Years.

The demand for faster connectivity in data centers has been increasing of late to support artificial intelligence (AI) workloads, and this demand has rubbed off positively on companies such as Ciena (CIEN 0.44%) that are in the business of providing networking components.

Fool | 1 year ago
Ciena Rebounds: AI and Strong Guidance Drive Post-Earnings Surge

Ciena Rebounds: AI and Strong Guidance Drive Post-Earnings Surge

Just as stocks can gap and crap on an earnings report, meaning the price initially gaps higher on the market open and sells off back to red during the day, stocks can also do the opposite, dump, and gap. Such was the case with leading optical networking solutions provider Ciena Co. NYSE: CIEN after releasing its fiscal fourth quarter 2024 earnings.

Marketbeat | 1 year ago
A Dive into Ciena (CIEN) International Revenue Trends and Forecasts

A Dive into Ciena (CIEN) International Revenue Trends and Forecasts

Explore how Ciena's (CIEN) revenue from international markets is changing and the resulting impact on Wall Street's predictions and the stock's prospects.

Zacks | 1 year ago
Ciena Corporation: I Don't See Much Upside From Here (Rating Downgrade)

Ciena Corporation: I Don't See Much Upside From Here (Rating Downgrade)

I downgrade CIEN from buy to hold due to its expensive valuation, trading at 35x forward PE, well above its historical trend of 13-20x. CIEN's recent earnings showed strong revenue but missed EPS estimates due to an outsized inventory obsolescence charge; adjusted EPS beat consensus. Growth drivers include rising AI traffic, MOFN projects, and recovering service provider demand, supporting management's upgraded 8-11% mid-term growth guidance.

Seekingalpha | 1 year ago
Ciena Delivers Strong Q4 Earnings, But Valuation Demands Precision

Ciena Delivers Strong Q4 Earnings, But Valuation Demands Precision

Ciena Corporation has shown impressive growth, with a nearly 100% YTD return and a strong annualized ROR of 15.12% since 2015. Ciena's advanced tech, like the WaveLogic 6 Extreme, addresses growing bandwidth demands, but profitability pressures and inventory management challenges persist. Long-term growth prospects in cloud and AI are promising, but the stock's current high price leaves little room for error.

Seekingalpha | 1 year ago
Overlooked Stock: CIEN

Overlooked Stock: CIEN

Ciena Corp. (CIEN) is up more than 20% on the week, and a company that George Tsilis is keeping a close eye on during the A.I. boom. He talks about how the legacy hardware and software player has gained attention over the last week and what it needs to gather future momentum.

Youtube | 1 year ago
Loading...
Load More