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Ciena (CIEN)

(Real Time Quote from BATS)

$48.42 USD

48.42
955,084

+1.33 (2.82%)

Updated Jun 5, 2024 01:03 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.08%
2Buy17.91%
3Hold9.44%
4Sell5.10%
5Strong Sell2.55%
S&P50011.04%

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4-Sell of 5       4  

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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C Value D Growth D Momentum D VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Bottom 6% (234 out of 248)

Industry: Fiber Optics

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Zacks News

Ciena's (CIEN) Advanced Optical Technology Leveraged by Constl

With Ciena's (CIEN) optical technology, Constl is looking to offer high-speed Metro Area Network and National Long Distance connectivity services across its "state-of-the-art pan-India network."

Wall Street's Insights Into Key Metrics Ahead of Ciena (CIEN) Q2 Earnings

Get a deeper insight into the potential performance of Ciena (CIEN) for the quarter ended April 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.

Here's How Ciena's (CIEN) Placed Before Q2 Earnings Release

Ciena's (CIEN) fiscal second-quarter performance is likely to have been affected by slower-than-expected normalization of order volumes from the service providers.

Ambarella (AMBA) Reports Q1 Loss, Tops Revenue Estimates

Ambarella (AMBA) delivered earnings and revenue surprises of 18.75% and 0.80%, respectively, for the quarter ended April 2024. Do the numbers hold clues to what lies ahead for the stock?

Earnings Preview: Ciena (CIEN) Q2 Earnings Expected to Decline

Ciena (CIEN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Ciena's (CIEN) WaveLogic 5 Extreme Used by Conterra Networks

By deploying Ciena's (CIEN) WaveLogic 5 Extreme technology, Conterra is able to offer 400Gb/s wavelength services to carrier clients in Louisiana, North Carolina and Texas.

Amtech Systems (ASYS) Reports Q2 Loss, Tops Revenue Estimates

Amtech (ASYS) delivered earnings and revenue surprises of 90.91% and 10.58%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?

Ciena (CIEN), Toshiba Team Up for Quantum Safe Technology

Ciena (CIEN) and Toshiba partner to showcase quantum secure communication platform at OFC Conference 2024.

Ciena's (CIEN) GeoMesh Extreme Solution Used by SEA-ME-WE 4

By implementing Ciena???s (CIEN) solutions, SEA-ME-WE 4 cable system???s capacity will almost double from existing 65Tb/s to 122Tb/s.

Are You a Value Investor? This 1 Stock Could Be the Perfect Pick

Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.

Ciena (CIEN) Q1 Earnings Top Estimates, Revenues Decline Y/Y

Ciena's (CIEN) fiscal first-quarter performance is affected by the macroeconomic concerns that are causing lower-than-expected order volumes from service providers in several overseas geographies.

Ciena (CIEN) is a Top-Ranked Momentum Stock: Should You Buy?

Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.

Ciena (CIEN) Q1 Earnings and Revenues Beat Estimates

Ciena (CIEN) delivered earnings and revenue surprises of 40.43% and 1.90%, respectively, for the quarter ended January 2024. Do the numbers hold clues to what lies ahead for the stock?

Will Ciena (CIEN) Beat Estimates Again in Its Next Earnings Report?

Ciena (CIEN) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Ciena (CIEN) is a Top-Ranked Growth Stock: Should You Buy?

The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.

Ciena (CIEN) to Post Q1 Earnings: Here's What to Expect

Ciena's (CIEN) fiscal first-quarter performance is likely to have been affected due to rising customer inventory levels owing to reduced spending by buyers amid economic troubles.

Countdown to Ciena (CIEN) Q1 Earnings: Wall Street Forecasts for Key Metrics

Evaluate the expected performance of Ciena (CIEN) for the quarter ended January 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.

New Strong Sell Stocks for February 6th

AIRI, CIEN and HTBK have been added to the Zacks Rank #5 (Strong Sell) List on February 6, 2023.

Ciena's (CIEN) WL6e Solution Utilized by Southern Cross

Ciena's (CIEN) WaveLogic 6 Extreme is being utilized by Southern Cross to address the growing international connectivity.

Ciena's (CIEN) GeoMesh Extreme Solution Used by BW Digital

Ciena's (CIEN) GeoMesh Extreme is being utilized by BW Digital to address the growing international connectivity demands.

Company News for Dec 8, 2023

Companies In The Article Are: CIEN,MRK,VRNT,OXM

Ciena (CIEN) Q4 Earnings & Revenues Top Estimates, Up Y/Y

Ciena's (CIEN) fiscal fourth-quarter performance is driven by increasing demand momentum, especially from cloud provider customers.

Ciena (CIEN) Q4 Earnings: How Key Metrics Compare to Wall Street Estimates

While the top- and bottom-line numbers for Ciena (CIEN) give a sense of how the business performed in the quarter ended October 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Ciena (CIEN) Beats Q4 Earnings and Revenue Estimates

Ciena (CIEN) delivered earnings and revenue surprises of 10.29% and 2.54%, respectively, for the quarter ended October 2023. Do the numbers hold clues to what lies ahead for the stock?

Semtech (SMTC) Tops Q3 Earnings Estimates

Semtech (SMTC) delivered earnings and revenue surprises of 113.33% and 0.02%, respectively, for the quarter ended October 2023. Do the numbers hold clues to what lies ahead for the stock?