Ciena (CIEN)

Ciena (CIEN) Stock Price & Analysis


CIEN Stock Chart & Stats

Day’s Range$0 - $0
52-Week Range$38.33 - $56.38
Previous Close$42.39
Average Volume (3M)1.77M
Market Cap
Enterprise Value$7.56B
Total Cash (Recent Filing)$1.15B
Total Debt (Recent Filing)$1.63B
Price to Earnings (P/E)31.5
Aug 31, 2023
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)1.35
Shares Outstanding149,159,768
10 Day Avg. Volume2,710,253
30 Day Avg. Volume1,768,059
Standard Deviation0.11
Financial Highlights & Ratios
Price to Book (P/B)3.38
Price to Sales (P/S)5.99
Price to Cash Flow (P/CF)-6.80
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.97
Enterprise Value/Gross Profit4.84
Enterprise Value/Ebitda18.00
Price Target Upside38.98% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering13



Risk Analysis

Main Risk Category
Ability to SellRisks related to the company’s ability to sell goods and services

Product Insights

Sorry, No Data Available
There is no website visitor data available for this stock.



What was Ciena’s price range in the past 12 months?
Ciena lowest stock price was $38.33 and its highest was $56.38 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 Aug 31, 2023 which is in 84 days.
      How were Ciena’s earnings last quarter?
      Ciena released its earnings results on Jun 06, 2023. The company reported $0.74 earnings per share for the quarter, beating the consensus estimate of $0.624 by $0.116.
        Is Ciena overvalued?
        According to Wall Street analysts Ciena’s price is currently Undervalued. Get more investment ideas with TipRanks Premium
          Does Ciena pay dividends?
          Ciena does not currently pay dividends.
          What is Ciena’s EPS estimate?
          Ciena’s EPS estimate is $0.52.
            How many shares outstanding does Ciena have?
            Ciena has 149,159,770 shares outstanding.
              What happened to Ciena’s price movement after its last earnings report?
              Ciena reported an EPS of $0.74 in its last earnings report, beating expectations of $0.624. Following the earnings report the stock price went down -10.758%.
                Which hedge fund is a major shareholder of Ciena?
                Among the largest hedge funds holding Ciena’s share is Diamond Hill Capital Management Inc. It holds Ciena’s shares valued at 83M.


                  Ciena Stock Smart Score

                  The Ciena stock analysis is based on the TipRanks Smart Score which is derived from 8 unique data sets including Analyst recommendations, Crowd Wisdom, Hedge Fund Activity, Media Sentiment and multiple Technical stock factors. The Smart Score is a quantitative, data-driven rating system and does not include human intervention.
                  Learn more about TipRanks Smart Score

                  Company Description


                  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.


                  Top 5 ETFs holding CIEN

                  Market Value
                  Smart Score
                  Vanguard Information Technology ETF
                  iShares Core S&P Total U.S. Stock Market ETF
                  Schwab U.S. Large-Cap Growth ETF
                  Fidelity MSCI Information Technology Index ETF
                  Schwab U.S. Large-Cap ETF
                  Up to five ETFs with an Outperform Smart Score that hold CIEN. The ETFs are listed according to market value of CIEN within the ETF


                  Forecast EPS vs Actual EPS

                  Similar Stocks
                  Price & Change
                  Extreme Networks
                  Juniper Networks

                  Popular Stocks

                  What's Included in PREMIUM?
                  Make informed decisions based on Top Analysts' activity
                  Know what industry insiders are buying
                  Get actionable alerts from top Wall Street Analysts
                  Find out before anyone else which stock is going to shoot up
                  Get powerful stock screeners & detailed portfolio analysis