Back to top
more

Ciena (CIEN)

(Real Time Quote from BATS)

$65.43 USD

65.43
487,576

+2.19 (3.46%)

Updated Nov 5, 2024 02:16 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 Buy24.10%
2Buy17.80%
3Hold9.50%
4Sell2.70%
5Strong Sell2.70%
S&P50011.20%

Zacks Rank Education - Learn about the Zacks Rank

Zacks Rank Home - Zacks Rank resources in one place

Zacks Premium - The only way to fully access the Zacks Rank

3-Hold of 5     3    

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 D 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

Top 39% (97 out of 250)

Industry: Fiber Optics

Zacks Premium FeatureView All Zacks #1 Ranked Stocks

Zacks News

CIEN's WaveLogic 6 Technology Used by Boldyn Networks: Stock to Gain?

by Zacks Equity Research

Boldyn Networks is utilizing Ciena's scalable wavelength service, offering up to 1.6Tb/s per channel.

Is JPMorgan Diversified Return U.S. Mid Cap Equity ETF (JPME) a Strong ETF Right Now?

by Zacks Equity Research

Smart Beta ETF report for JPME

Will Increasing Uptake of Ciena's Solutions Aid CIEN Shares?

by Zacks Equity Research

On Net Fibra Colombia selects CIEN's Blue Planet Cloud Native Platform to unify its network resources and automate service delivery to customers

Will Ciena's Optical Technology Adoption by Sify Aid CIEN Shares?

by Zacks Equity Research

Cien's WaveLogic 5 Extreme technology doubles Sify's network capacity, enhancing connectivity between its key AI-ready data center hubs

Ciena (CIEN) Up 24.5% Since Last Earnings Report: Can It Continue?

by Zacks Equity Research

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

Ciena's $1B Buyback Program Cheers Investors, Stock Rises 7.4%

by Zacks Equity Research

CIEN's board of directors approves $1 billion for share buybacks for 2025-2027 to maximize shareholder returns.

Will Ciena's New 1.6 Tb/s Coherent Pluggable Solution Drive Top Line?

by Zacks Equity Research

CIEN's 1.6 Tb/s Coherent-Lite pluggable enhances data center efficiency to accommodate increasing traffic from cloud services and AI

Ciena's Solutions Witness Healthy Momentum: Will the Stock Benefit?

by Zacks Equity Research

TDC NET selects CIEN's Blue Planet Inventory to get a unified view of its hybrid network and automate workflows for enhanced service delivery

Vaishali Doshi headshot

Lumen Stock Up More Than 360% in 3 Months: Cash in or Stay Invested?

by Vaishali Doshi

Increasing opportunities driven by AI proliferation are emerging as a tailwind for LUMN. Debt-laden balance sheet and competition in the AI space are overhangs.

Why Ciena (CIEN) International Revenue Trends Deserve Your Attention

by Zacks Equity Research

Explore Ciena's (CIEN) international revenue trends and how these numbers impact Wall Street's forecasts and what's ahead for the stock.

Ciena's Q3 Earnings & Revenues Surpass Estimates, Stock Falls

by Zacks Equity Research

CIEN's fiscal Q3 performance is affected by slower-than-expected recovery of order volumes from service providers amid growing strength with cloud providers.

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

by Zacks Equity Research

Although the revenue and EPS for Ciena (CIEN) give a sense of how its business performed in the quarter ended July 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Ciena (CIEN) Surpasses Q3 Earnings and Revenue Estimates

by Zacks Equity Research

Ciena (CIEN) delivered earnings and revenue surprises of 34.62% and 1.44%, respectively, for the quarter ended July 2024. Do the numbers hold clues to what lies ahead for the stock?

Zscaler (ZS) Q4 Earnings and Revenues Surpass Estimates

by Zacks Equity Research

Zscaler (ZS) delivered earnings and revenue surprises of 27.54% and 4.45%, respectively, for the quarter ended July 2024. Do the numbers hold clues to what lies ahead for the stock?

Ciena to Report Q3 Earnings: What to Expect From the Stock?

by Zacks Equity Research

CIEN's fiscal third-quarter performance is likely to have been affected by slower-than-expected normalization of order volumes from the service providers.

Ciena & Arelion Reach Live 1.6 Tb/s Wave Data Transmission Milestone

by Zacks Equity Research

CIEN's WaveLogic 6 Extreme helps Arelion achieve the world's first live 1.6 Tb/s wave data transmission, enhancing 5G, AI/ML and cloud service capabilities

What Analyst Projections for Key Metrics Reveal About Ciena (CIEN) Q3 Earnings

by Zacks Equity Research

Besides Wall Street's top -and-bottom-line estimates for Ciena (CIEN), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended July 2024.

Ciena's (CIEN) Routing Solutions Deployed by Bhutan Telecom

by Zacks Equity Research

Ciena's (CIEN) coherent routing solutions are utilized by Bhutan Telecom to streamline network infrastructure and boost the customer experience.

Implied Volatility Surging for Ciena (CIEN) Stock Options

by Zacks Equity Research

Investors need to pay close attention to Ciena (CIEN) stock based on the movements in the options market lately.

Ciena's (CIEN) XGS-PON Solution Boosts Connectivity in Norway

by Zacks Equity Research

Sodvin AS taps Ciena's (CIEN) XGS-PON solution to deliver broadband services with a superfast speed of 10 Gb/s PON across the Trondelag region of Norway.

Ciena's (CIEN) Advanced Solutions Portfolio Used by TDC NET

by Zacks Equity Research

TDC NET taps Ciena's (CIEN) wide-ranging innovative solutions to bolster its metro and long-haul networks, enabling sustainable service delivery.

Ciena's (CIEN) GeoMesh Extreme Solution Used by Serene Juno

by Zacks Equity Research

Ciena's (CIEN) GeoMesh Extreme solution, powered by WL6e, is utilized by Seren Juno Network and Seren Juno Network America in order to accelerate the process of digitization in Japan.

Don't Overlook Ciena (CIEN) International Revenue Trends While Assessing the Stock

by Zacks Equity Research

Review Ciena's (CIEN) international revenue performance and how it affects the predictions of financial analysts on Wall Street and the future prospects for the stock.

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

by Zacks Equity Research

Ciena's (CIEN) fiscal Q2 performance is affected by slower-than-expected recovery of order volumes from service providers amid persistent macroeconomic concerns, especially internationally.

Ciena (CIEN) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates

by Zacks Equity Research

While the top- and bottom-line numbers for Ciena (CIEN) give a sense of how the business performed in the quarter ended April 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.