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Ciena (CIEN)

(Delayed Data from NYSE)

$49.50 USD

49.50
837,257

+0.16 (0.32%)

Updated May 28, 2024 04:00 PM ET

After-Market: $49.48 -0.02 (-0.04%) 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 Buy24.08%
2Buy17.91%
3Hold9.44%
4Sell5.10%
5Strong Sell2.55%
S&P50011.04%

Zacks Rank Education - Learn about the Zacks Rank

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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.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

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%.

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

Bottom 5% (238 out of 250)

Industry: Fiber Optics

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Better trading starts here.

Zacks News

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Telecom Stock Roundup: ERIC Q2 Earnings Excel, VSAT Boosts Cybersecurity & More

by Supriyo Bose

While Ericsson (ERIC) beats second-quarter earnings estimates with modest top-line growth, Viasat (VSAT) deploys reliable communications services to the U.K. government.

Ciena (CIEN) Outpaces Stock Market Gains: What You Should Know

by Zacks Equity Research

Ciena (CIEN) closed at $54.95 in the latest trading session, marking a +0.79% move from the prior day.

Ciena (CIEN) to Power Spark's New Optical Transport Network

by Zacks Equity Research

With Ciena's (CIEN) WaveLogic 5, advanced network automation and intelligent restoration capabilities, Spark will be able to boost 5G and IoT services.

Ciena (CIEN) Dips More Than Broader Markets: What You Should Know

by Zacks Equity Research

In the latest trading session, Ciena (CIEN) closed at $52.85, marking a -1.14% move from the previous day.

Is Ciena (CIEN) Stock Undervalued Right Now?

by Zacks Equity Research

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Ciena Supports Vodafone NZ to Offer Premium Digital Services

by Zacks Equity Research

Ciena's (CIEN) cutting-edge 800G coherent optics enables Vodafone New Zealand to provide citizens with access to the world's finest digital services.

The Zacks Analyst Blog Highlights: Ericsson, NVIDIA, Marvell Technology, Ciena and Qorvo

by Zacks Equity Research

The Zacks Analyst Blog Highlights: Ericsson, NVIDIA, Marvell Technology, Ciena and Qorvo

Ciena (CIEN) Looks Good: Stock Adds 6.2% in Session

by Zacks Equity Research

Ciena (CIEN) saw a big move last session, as its shares jumped more than 6% on the day, amid huge volumes.

Turtle Beach Taps Gaming Market in France With Influencers

by Zacks Equity Research

Skyrroz and Inoxtag have the latest gear from Turtle Beach (HEAR) and ROCCAT, which is remarkable for driving growth of the brands in the market.

Aniruddha Ganguly headshot

Work-From-Home Trend to Speed Up 5G Rollout: 5 Solid Buys

by Aniruddha Ganguly

Here we pick five 5G stocks that are expected to benefit from higher spending as demand for high-speed Internet shoots up.

Is Ciena (CIEN) Stock Outpacing Its Computer and Technology Peers This Year?

by Zacks Equity Research

Is (CIEN) Outperforming Other Computer and Technology Stocks This Year?

Anirudha Bhagat headshot

Market Recovery Optimism Prevails: 5 Tech Stocks to Buy

by Anirudha Bhagat

The rally in technology stocks is aiding the U.S. stock market amid the coronavirus crisis. Here we choose five technology stocks that are well poised to grow as economic activities gain momentum.

The Zacks Analyst Blog Highlights: Ciena, United States Cellular, T-Mobile US and Nokia

by Zacks Equity Research

The Zacks Analyst Blog Highlights: Ciena, United States Cellular, T-Mobile US and Nokia

Supriyo Bose headshot

Solid Q2 for Wall Street Despite Economic Turmoil: 4 Picks

by Supriyo Bose

The contrasting characteristics highlight the vagaries of the market and the turbulent economic conditions that appear to be the "new normal" post the virus outbreak.

Ciena (CIEN)-SK Telink to Revamp Transpacific Route Network

by Zacks Equity Research

Ciena (CIEN) secures a deal from SK Telink for the deployment of its Adaptive IP platform to revamp submarine network with packet-based transport connectivity solutions in a transpacific route.

Supriyo Bose headshot

Telecom Stock Roundup: VZ Expands VNS Portfolio, CTL Extends Alliance & More

by Supriyo Bose

While Verizon (VZ) expands virtual networking capabilities, CenturyLink (CTL) extends partnership to better serve customers.

Ciena Augments Fiber Optic Solution With GlobalNet Tie-Up

by Zacks Equity Research

Ciena (CIEN) gets selected by GlobalNet for the deployment of its WaveLogic 5 Extreme network in Russia for streamlined connectivity solutions.

Ciena Shares Up 55.4% in 3 Months: What's Driving the Rally?

by Zacks Equity Research

The fundamental demand drivers of Ciena's (CIEN) business that include increased network traffic, demand for bandwidth and adoption of cloud architectures bode well.

Aniruddha Ganguly headshot

Trump's Stimulus Plan to Rev Up 5G Adoption: 5 Stocks to Gain

by Aniruddha Ganguly

Here we pick five 5G stocks that are expected to benefit from Trump's $1-trillion stimulus plan.

Why Ciena (CIEN) Could Be an Impressive Growth Stock

by Zacks Equity Research

If you are looking for a fast-growing stock that is still seeing plenty of opportunities on the horizon, make sure to consider Ciena (CIEN).

Has Ciena (CIEN) Outpaced Other Computer and Technology Stocks This Year?

by Zacks Equity Research

Is (CIEN) Outperforming Other Computer and Technology Stocks This Year?

Supriyo Bose headshot

Telecom Stock Roundup: Ericsson Boosts Presence in China, Corning Taps Funds & More

by Supriyo Bose

While Ericsson (ERIC) strengthens its presence in China with 5G contracts, Corning (GLW) boosts healthcare segment with funds to increase production capacity.

Why Ciena (CIEN) Might be Well Poised for a Surge

by Zacks Equity Research

Ciena (CIEN) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Ciena (CIEN): Strong Industry, Solid Earnings Estimate Revisions

by Zacks Equity Research

Ciena (CIEN) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

Supriyo Bose headshot

Ciena Rides on Blue Planet Software, Carrier Network Upgrade

by Supriyo Bose

With healthy fundamentals and a solid liquidity position, Ciena (CIEN) appears to be an enticing investment option for 2020.