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Ciena (CIEN)

(Delayed Data from NYSE)

$46.61 USD

46.61
1,461,245

+0.93 (2.04%)

Updated Apr 26, 2024 04:00 PM ET

After-Market: $46.62 +0.01 (0.02%) 7:58 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 Buy24.20%
2Buy18.04%
3Hold9.52%
4Sell5.20%
5Strong Sell2.60%
S&P50011.13%

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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 C 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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Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Bottom 4% (243 out of 252)

Industry: Fiber Optics

Better trading starts here.

Zacks News

Compared to Estimates, Ciena (CIEN) Q3 Earnings: A Look at Key Metrics

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

Ciena (CIEN) Q3 Earnings and Revenues Surpass Estimates

Ciena (CIEN) delivered earnings and revenue surprises of 11.32% and 1.60%, respectively, for the quarter ended July 2023. Do the numbers hold clues to what lies ahead for the stock?

Ciena (CIEN) to Post Q3 Earnings: Here's What to Expect

Strong demand trends are likely to have boosted Ciena's (CIEN) fiscal Q3 performance. However, global macro weakness remains a concern.

Palo Alto Networks and Ciena have been highlighted as Zacks Bull and Bear of the Day

Palo Alto Networks and Ciena are part of the Zacks Bull and Bear of the Day article.

Jeremy Mullin headshot

Bear of the Day: Ciena (CIEN)

Investors should take caution ahead of earnings as the stock trades near 2023 lows.

Ciena (CIEN) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

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.

Why Is Ciena (CIEN) Down 0.8% Since Last Earnings Report?

Ciena (CIEN) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

Ciena (CIEN) Q2 Earnings & Revenues Top Estimates, Rise Y/Y

Ciena's (CIEN) Q2 revenues benefit from improving supply-chain dynamics. However, Ciena lowers its revenue guidance for fiscal 2023.

Ciena (CIEN) Reports Q2 Earnings: What Key Metrics Have to Say

Although the revenue and EPS for Ciena (CIEN) give a sense of how its business performed in the quarter ended April 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Ciena (CIEN) Q2 Earnings and Revenues Surpass Estimates

Ciena (CIEN) delivered earnings and revenue surprises of 23.33% and 4.35%, respectively, for the quarter ended April 2023. Do the numbers hold clues to what lies ahead for the stock?

Shaun Pruitt headshot

3 Intriguing Stocks to Watch as Earnings Approach

Here are three stocks that are worthy of consideration ahead of their quarterly reports and may become more attractive as we progress through 2023.

Broadcom (AVGO) Q2 Earnings Beat Estimates, Revenues Up Y/Y

Broadcom's (AVGO) second-quarter fiscal 2023 results benefit from an increase in revenues from the Semiconductor solution segment.

OKTA's Q1 Earnings Beat Estimates, Revenues Increase Y/Y

Okta's (OKTA) first-quarter fiscal 2024 results reflect the benefits of an expanding clientele.

VMware (VMW) Q1 Earnings Beat Estimates, Revenues Rise Y/Y

VMware's (VMW) first-quarter fiscal 2024 results reflect top-line growth, driven by strength in demand for the company's multi-cloud offerings.

Ciena (CIEN) to Post Q2 Earnings: Here's What to Expect

Strong demand trends are likely to have boosted Ciena's (CIEN) fiscal Q2 performance. However, global macro weakness remains a concern.

Broadcom Inc. (AVGO) Tops Q2 Earnings and Revenue Estimates

Broadcom Inc. (AVGO) delivered earnings and revenue surprises of 1.88% and 0.26%, respectively, for the quarter ended April 2023. Do the numbers hold clues to what lies ahead for the stock?

Box (BOX) Q1 Earnings & Revenues Beat Estimates, Rise Y/Y

Box's (BOX) first-quarter fiscal 2024 results reflect strength in Content Cloud and Enterprise Plus.

Vishay (VSH) Expands Resistor Offerings With Latest Launch

Vishay (VSH) boosts the thick-film resistor portfolio by introducing Vishay MCB ISOA which offers a broad resistance range and high energy dissipation.

Ciena (CIEN) Stock Moves -0.04%: What You Should Know

In the latest trading session, Ciena (CIEN) closed at $47.97, marking a -0.04% move from the previous day.

Garmin (GRMN) Enhances Navionics Platinum+ With Relief Shading

Garmin (GRMN) boosts marine offerings with expanded high-resolution relief shading coverage in Navionics Platinum+.

Agilent (A) Q2 Earnings Match Estimates, Revenues Rise Y/Y

Agilent Technologies' (A) second-quarter fiscal 2023 results reflect strength across LSAG and ACG segments.

Analog Devices (ADI) Q2 Earnings & Revenues Beat, Rise Y/Y

Analog Devices' (ADI) results for the fiscal second quarter reflect strength across industrial and automotive markets.

Applied Materials (AMAT) Boosts Semiconductor Presence With EPIC

Applied Materials (AMAT) announces multi-billion-dollar investment in Equipment and Process Innovation and Commercialization (EPIC) Center for semiconductor innovation.

Zoom (ZM) Q1 Earnings Beat, Customer Growth Drives Revenues

Zoom's (ZM) first-quarter fiscal 2024 results reflect a year-over-year increase in both earnings and revenues.

Carrier (CARR) Boosts Refrigeration Segment With New Products

Carrier's (CARR) Transicold expands offerings with Vector eCool, Syberia eCool, Eco-Drive 30T, Xarios 6 and Vector HE 17.