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Ciena (CIEN)

(Real Time Quote from BATS)

$48.95 USD

48.95
4,303,133

+0.71 (1.47%)

Updated Jun 6, 2024 03:28 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 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 6% (233 out of 248)

Industry: Fiber Optics

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Zacks News

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.

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

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

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

Ciena (CIEN) Lags Q2 Earnings and Revenue Estimates

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

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?

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?

    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

    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

    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?

    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?

    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?

    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

    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

      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

      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

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

      Ciena (CIEN) Matches Q1 Earnings Estimates

      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?