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Ciena (CIEN)

(Delayed Data from NYSE)

$49.20 USD

49.20
797,460

-0.12 (-0.24%)

Updated May 16, 2024 04:00 PM ET

After-Market: $49.18 -0.02 (-0.04%) 7:32 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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5-Strong Sell of 5         5

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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D Value C Growth B 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 1% (250 out of 250)

Industry: Fiber Optics

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Zacks News

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

by Zacks Equity Research

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

Ciena (CIEN) Q2 Earnings Miss Estimates, Revenues Up Y/Y

by Zacks Equity Research

Ciena's (CIEN) Q2 revenues reflect gains from strong demand trends. However, widespread supply chain issues acted as a headwind

Company News for June 3, 2022

by Zacks Equity Research

Companies in The News Are: HPE, CIEN, SPTN, F

Ciena (CIEN) Lags Q2 Earnings and Revenue Estimates

by Zacks Equity Research

Ciena (CIEN) delivered earnings and revenue surprises of -7.41% and 0.38%, respectively, for the quarter ended April 2022. Do the numbers hold clues to what lies ahead for the stock?

American Superconductor (AMSC) Reports Q4 Loss, Tops Revenue Estimates

by Zacks Equity Research

American Superconductor (AMSC) delivered earnings and revenue surprises of -6.25% and 1.46%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

What to Expect Ahead of Ciena's (CIEN) Q2 Earnings Release?

by Zacks Equity Research

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

    Will Healthy Revenue Growth Buoy Splunk's (SPLK) Q1 Earnings?

    by Zacks Equity Research

    Splunk (SPLK) is likely to have recorded year-over-year growth in revenues in fiscal 2023 first quarter, driven by solid demand for cloud-based solutions and customer additions.

    Applied Materials (AMAT) Q2 Earnings and Revenues Miss Estimates

    by Zacks Equity Research

    Applied Materials (AMAT) delivered earnings and revenue surprises of -2.12% and 1.68%, respectively, for the quarter ended April 2022. Do the numbers hold clues to what lies ahead for the stock?

    Ciena's (CIEN) Packet-Optical Solutions Adopted by GTS Telecom

    by Zacks Equity Research

    GTS Telecom will be able to provide steady high-bandwidth connectivity across Romania through Ciena's (CIEN) 6500 Packet-Optical solutions.

    What to Expect Ahead of Wix's (WIX) Q1 Earnings Release?

    by Zacks Equity Research

    Wix's (WIX) first-quarter performance is likely to benefit from continued momentum in the Creative Subscriptions and Business Solutions' segments.

    Will Top-Line Growth Buoy Keysight's (KEYS) Q2 Earnings?

    by Zacks Equity Research

    Keysight (KEYS) is expected to have recorded year-over-year higher revenues in second-quarter fiscal 2022, driven by solid demand for its first-to-market solutions across all end markets and regions.

    Will Modest Top-Line Growth Buoy Motorola (MSI) Q1 Earnings?

    by Zacks Equity Research

    Motorola (MSI) is likely to have recorded year-over-year higher revenues in first-quarter 2022 on the back of growth in both segments and solid demand trends.

    Ciena's (CIEN) Waveserver Ai Platform Adopted by team.blue

    by Zacks Equity Research

    Leveraging the power of Ciena's (CIEN) Waveserver Ai platform, team.blue, will improve its cloud and network offerings, thereby delivering cutting-edge services to customers.

      Ciena's (CIEN) GeoMesh Extreme Solution Leveraged by EASSy

      by Zacks Equity Research

      Ciena's (CIEN) GeoMesh Extreme solution is adopted by EASSy to boost the capacity of its submarine cable system to meet the increasing demand and enhance global connectivity.

      Iridium (IRDM) Boosts Shareholder Value With $300M Buyback Plan

      by Zacks Equity Research

      Iridium (IRDM) approves an additional share buyback plan that reflects the company's strengthening business prospects.

      Ciena (CIEN) Matches Q1 Earnings Estimates, Misses on Revenues

      by Zacks Equity Research

      For second-quarter fiscal 2022, Ciena (CIEN) expects revenues in the range of $930-$970 million.

      Ciena (CIEN) Matches Q1 Earnings Estimates

      by Zacks Equity Research

      Ciena (CIEN) delivered earnings and revenue surprises of 0% and 0.24%, respectively, for the quarter ended January 2022. Do the numbers hold clues to what lies ahead for the stock?

      Ciena (CIEN) to Report Q1 Earnings: What's in the Offing?

      by Zacks Equity Research

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

      Earnings Preview: Ciena (CIEN) Q1 Earnings Expected to Decline

      by Zacks Equity Research

      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.

      Fortive (FTV) Boosts Shareholder Value With 20M Buyback Program

      by Zacks Equity Research

      Fortive's (FTV) recently approved share repurchase program underscores the company's sound financial position and its commitment to reward its shareholders.

      Ciena (CIEN) Reports Q1 Preliminary Results, Cuts Revenue View

      by Zacks Equity Research

      Ciena (CIEN) expects fiscal first-quarter revenues between $840 million and $850 million, lower than the previous expectation of $870 million to $910 million.

      Ciena (CIEN) Optical Solutions Leveraged by India-Based Vi

      by Zacks Equity Research

      Ciena's (CIEN) coherent optical solutions are being used by India-based telecom operator???Vodafone Idea Limited.

      Ciena (CIEN) Deploys Solutions to Boost GBI's Submarine Network

      by Zacks Equity Research

      Ciena (CIEN) partners Gulf Bridge International to boost the latter's submarine network infrastructure with GeoMesh Extreme solution.

      Sweta Killa headshot

      Best-Performing Stocks of the Top U.S. ETF of December

      by Sweta Killa

      iShares North American Tech-Multimedia Networking ETF (IGN) topped the list of best-performing U.S. equity ETFs in December, gaining about 13%.

      Supriyo Bose headshot

      Telecom Stock Roundup: ERIC to Power 5G Lab, ADTN to Boost Rural Utility & More

      by Supriyo Bose

      While Ericsson (ERIC) will develop a 5G lab for Vodafone Spain, ADTRAN (ADTN) has collaborated with local firms to offer improved broadband solutions to rural electric utilities.