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Ciena (CIEN)

(Delayed Data from NYSE)

$51.27 USD

51.27
1,143,708

+0.80 (1.59%)

Updated Jul 23, 2024 04:00 PM ET

After-Market: $51.24 -0.03 (-0.06%) 6:16 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 Buy24.15%
2Buy17.88%
3Hold9.47%
4Sell5.14%
5Strong Sell2.57%
S&P50011.11%

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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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C Value B Growth F Momentum C 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

Better trading starts here.

Zacks News

Ciena (CIEN) Surpasses Q4 Earnings and Revenue Estimates

Ciena (CIEN) delivered earnings and revenue surprises of 8.16% and 4.51%, respectively, for the quarter ended October 2018. Do the numbers hold clues to what lies ahead for the stock?

Oracle (ORCL) to Report Q2 Earnings: What's in the Offing?

Oracle (ORCL) benefits from the strong adoption of its cloud-based solutions.

Will Top-Line Growth Support Ciena's (CIEN) Q4 Earnings?

Ciena (CIEN) is likely to beat earnings estimates in the fiscal fourth quarter on the back of higher revenues on a year-over-year basis.

Ciena (CIEN) Earnings Expected to Grow: Should You Buy?

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.

Supriyo Bose headshot

Telecom Stock Roundup: Qualcomm Reports Earnings, Ericsson Inks Deal & More

The FCC has initiated the first-ever high-band 5G spectrum auction last week in order to gain an upper hand over China in the 5G race.

Ciena's GeoMesh Extreme Powers Southern Cross Expansion

Southern Cross Cables will use Ciena Corporation's (CIEN) GeoMesh Extreme solution as the first subsea deployment of WaveLogic Ai over compensated cable.

Ciena Corporation (CIEN) in Focus: Stock Moves 5.1% Higher

Ciena Corporation (CIEN) shares rose more than 5% in the last trading session, amid huge volumes.

Supriyo Bose headshot

Telecom Stock Roundup: Nokia, NETGEAR, Sprint Report Earnings & More

Broader sell-off, apprehension of a Fed hike, global macroeconomic woes and continued trade war with China dent the long-term profitability of the telecom firms.

Infosys (INFY) Q2 Earnings Match Estimates, Revenues Top

Infosys' (INFY) second-quarter fiscal 2019 results benefit from growth across geographies and business segments.

Zayo's Infrastructure Solution Chosen by Multinational Bank

Zayo (ZAYO) continues to extend global reach by expanding its fiber footprint and forging strategic partnerships with local providers.

Ciena (CIEN) Up 1.7% Since Last Earnings Report: Can It Continue?

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

    Finisar to Gain From Enhanced Product Offerings, Risks Stay

    Finisar (FNSR) focuses on expanding its broad product line of optical subsystems through dedicated R&D activities to meet the evolving customer needs. This augurs well for its long-term growth.

      Finisar (FNSR) Surpasses Q1 Earnings and Revenue Estimates

      Despite year-over-year decline in non-GAAP earnings and revenues, Finisar (FNSR) tops both the estimates in fiscal Q1.

        Ciena to Buy DonRiver to Boost Blue Planet Software Strategy

        Ciena's (CIEN) buyout of DonRiver will help the company accelerate its software strategy and contribute toward its long-term financial goal of growing Blue Planet and associated services business.

          Supriyo Bose headshot

          Telecom Stock Roundup: Ericsson-Liberty Global Deal, AT&T's 5G Deployment & More

          Uncertainty regarding trade settlement with Canada and looming threats of tariff imposition on $200 billion worth of goods imported from China continue to hurt the telecom sector.

            Company News For Aug 31, 2018

            Companies in the news are: SIG, CIEN, DLTR and CPB

              Ciena (CIEN) Q3 Earnings Beat Estimates, Revenues Up Y/Y

              Strong performance of its Networking Platforms segment drives Ciena's (CIEN) fiscal third-quarter results.

                Ciena (CIEN) Hits 52-Week High on Favorable Growth Dynamics

                Ciena's (CIEN) revenues are expected to benefit from rising demand for packet-optical transport and switching products, integrated network and service management software.

                  Ciena (CIEN) Q3 Earnings Preview: What to Expect

                  Ciena (CIEN) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

                    Ciena (CIEN) Rides High on Software Sales, Margin Woes Hurt

                    Ciena's (CIEN) revenues are expected to benefit from rising demand for packet-optical transport and switching products, integrated network and service management software.

                      Why Is Ciena (CIEN) Up 13.1% Since Its Last Earnings Report?

                      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 Technology Solutions to Boost Sify's Network Capacity

                        Ciena's (CIEN) converged packet optical solutions drives Sify's network capacity from 100G to 400G.

                          Ciena Blue Planet to Boost CoreSite's Network Architecture

                          Ciena (CIEN) collaborates with CoreSite (COR) to help accelerate the latter's service delivery and provide a best-in-class customer experience.

                            Ciena to Acquire Packet Design to Boost Software Strategy

                            Ciena's (CIEN) Packet Design buyout is expected to contribute toward the company's long-term goal of growing its Blue Planet and associated services business.

                              Ciena's (CIEN) Q2 Earnings Miss Estimates, Revenues Beat

                              Ciena (CIEN) recorded top-line growth in second quarter fiscal 2018 driven by growth in Asia Pacific service providers as well as global webscale customers.