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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

Ciena's (CIEN) Coherent Optical Technology Used by Dedicado

Ciena's (CIEN) 6500 Packet-Optical Platform powered by WL5e is used by Dedicado to support the rising demand for network connectivity.

Shaun Pruitt headshot

Time to Buy These 2 Tech Stocks for 2023?

Considering their current valuation and earnings growth, Ciena (CIEN) and nVent (NVT) both look poised for a strong 2023.

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

Ciena's (CIEN) Q4 revenues were affected by continued supply-chain constraints, partly offset by robust customer demand.

Ciena (CIEN) Beats Q4 Earnings and Revenue Estimates

Ciena (CIEN) delivered earnings and revenue surprises of 662.50% and 14.04%, respectively, for the quarter ended October 2022. Do the numbers hold clues to what lies ahead for the stock?

Here's What to Expect Ahead of Ciena's (CIEN) Q4 Earnings

Ciena's (CIEN) fiscal Q4 performance is likely to have been affected by global macro weakness and supply-chain troubles. Strong secular demand trends are likely to have provided some cushioning.

Ciena (CIEN) Expands Portfolio With Tibit & Benu Acquisitions

Ciena (CIEN) plans to acquire Tibit Communications to complement its existing portfolio and expand global footprint.

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Smart Beta ETF report for EQAL

Jack Henry (JKHY) Surpasses Q1 Earnings and Revenue Estimates

Jack Henry (JKHY) delivered earnings and revenue surprises of 5.80% and 0.03%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

New Strong Sell Stocks for November 3rd

CIEN, CVE and CINF have been added to the Zacks Rank #5 (Strong Sell) List on November 3, 2022.

Marathon Petroleum and Ciena Corporation have been highlighted as Zacks Bull and Bear of the Day

Marathon Petroleum and Ciena Corporation have been highlighted as Zacks Bull and Bear of the Day.

Bryan Hayes headshot

Bear of the Day: Ciena Corp. (CIEN)

Declining earnings estimates are a huge red flag for this poorly rated stock.

Ciena's (CIEN) Coherent Optical Technology Used by ESnet

Ciena's (CIEN) Waveserver 5 powered by WaveLogic 5 Extreme leveraged by the U.S. DOE ESnet.

Ciena's (CIEN) GeoMesh Extreme Powers C&W Networks' Upgrade

Ciena's (CIEN) GeoMesh Extreme is being utilized by C&W Networks to meet increasing broadband and IP needs

Ciena's (CIEN) Packet Optical Solutions Utilized by Biznet

Biznet will utilize Ciena's (CIEN) 6500 Packet Optical Platform, powered by WaveLogic coherent optics to expand its network across 180 cities in Indonesia.

New Strong Sell Stocks for September 8th

CIEN, CYH and ICUI have been added to the Zacks Rank #5 (Strong Sell) List on September 8, 2022.

Ciena (CIEN) Q3 Earnings & Revenues Miss Estimates, Down Y/Y

Ciena's (CIEN) Q3 revenues are affected by lingering supply chain issues.

Company News for Sep 2, 2022

Companies in The News Are:CIEN,OLLI,SAIC,PDCO

Ciena (CIEN) Q3 Earnings and Revenues Miss Estimates

Ciena (CIEN) delivered earnings and revenue surprises of -5.71% and 4.38%, respectively, for the quarter ended July 2022. Do the numbers hold clues to what lies ahead for the stock?

What to Expect Ahead of Ciena's (CIEN) Q3 Earnings Release?

Ciena's (CIEN) fiscal third-quarter performance will likely benefit from a robust demand environment. However, supply chain troubles are likely to act as a major headwind.

New Strong Sell Stocks for August 1st

BBY, CIEN, and FINW have been added to the Zacks Rank #5 (Strong Sell) List on August 1, 2022.

Ciena's (CIEN) Optics Solutions Used by Brazil's Mob Telecom

Ciena's (CIEN) Waveserver 5 platform, powered by WL5e coherent optics, is being deployed by Mob Telecom.

Ciena's (CIEN) Solutions Used by MSAR to Boost Connectivity

Ciena (CIEN) 6500, WL5e coherent optical solution and MCP domain controller are being used by MSAR to build the Digital Super Highway Network.

Ciena's (CIEN) Optical Solutions Continue to Gain Traction

Ciena's (CIEN) WaveLogic 5 Extreme (WL5e) coherent optical solution is being used by Media Commerce to provide high-bandwidth connectivity across Columbia.