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Ciena (CIEN)

(Delayed Data from NYSE)

$65.86 USD

65.86
1,320,691

+2.62 (4.14%)

Updated Nov 5, 2024 04:00 PM ET

After-Market: $65.87 +0.01 (0.02%) 5:10 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%

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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.

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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%.

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

Top 39% (97 out of 250)

Industry: Fiber Optics

Zacks News

Semtech (SMTC) Tops Q3 Earnings Estimates

Semtech (SMTC) delivered earnings and revenue surprises of 113.33% and 0.02%, respectively, for the quarter ended October 2023. Do the numbers hold clues to what lies ahead for the stock?

Countdown to Ciena (CIEN) Q4 Earnings: Wall Street Forecasts for Key Metrics

Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Ciena (CIEN), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended October 2023.

Ciena (CIEN) to Post Q4 Earnings: Here's What to Expect

Strong demand trends are likely to have boosted Ciena's (CIEN) fiscal Q4 performance. However, global macro weakness remains a concern.

Ciena (CIEN) & Flex Partner for Pluggable OLT Manufacturing

Ciena (CIEN) and Flex team up to develop pluggable OLTs and ONUs to help U.S. network providers enhance their local presence.

Ciena's (CIEN) GeoMesh Extreme Solution Utilized by SUBCO

SUBCO has also partnered with Ciena (CIEN) to upgrade INDIGO cable earlier.

Ciena's (CIEN) Blue Planet Powers Virgin Media's Fiber Service

Ciena (CIEN) helps Virgin Media to modernize its Operational Support Systems and streamline the order-to-service process.

Ciena's (CIEN) Coherent Solutions Being Leveraged by EdgeUno

Ciena's (CIEN) Waveserver 5 is being utilized by EdgeUno to upgrade its data center interconnect.

Ciena (CIEN) Q3 Earnings & Revenues Top Estimates, Rise Y/Y

Ciena's (CIEN) fiscal third-quarter performance benefits from solid demand for its optical line systems and secular growth trends.

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

While the top- and bottom-line numbers for Ciena (CIEN) give a sense of how the business performed in the quarter ended July 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Ciena (CIEN) Q3 Earnings and Revenues Surpass Estimates

Ciena (CIEN) delivered earnings and revenue surprises of 11.32% and 1.60%, respectively, for the quarter ended July 2023. Do the numbers hold clues to what lies ahead for the stock?

Ciena (CIEN) to Post Q3 Earnings: Here's What to Expect

Strong demand trends are likely to have boosted Ciena's (CIEN) fiscal Q3 performance. However, global macro weakness remains a concern.

Palo Alto Networks and Ciena have been highlighted as Zacks Bull and Bear of the Day

Palo Alto Networks and Ciena are part of the Zacks Bull and Bear of the Day article.

Jeremy Mullin headshot

Bear of the Day: Ciena (CIEN)

Investors should take caution ahead of earnings as the stock trades near 2023 lows.

Ciena (CIEN) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

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.

Why Is Ciena (CIEN) Down 0.8% Since 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 (CIEN) Q2 Earnings & Revenues Top Estimates, Rise Y/Y

Ciena's (CIEN) Q2 revenues benefit from improving supply-chain dynamics. However, Ciena lowers its revenue guidance for fiscal 2023.

Ciena (CIEN) Reports Q2 Earnings: What Key Metrics Have to Say

Although the revenue and EPS for Ciena (CIEN) give a sense of how its business performed in the quarter ended April 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Ciena (CIEN) Q2 Earnings and Revenues Surpass Estimates

Ciena (CIEN) delivered earnings and revenue surprises of 23.33% and 4.35%, respectively, for the quarter ended April 2023. Do the numbers hold clues to what lies ahead for the stock?

Shaun Pruitt headshot

3 Intriguing Stocks to Watch as Earnings Approach

Here are three stocks that are worthy of consideration ahead of their quarterly reports and may become more attractive as we progress through 2023.

Broadcom (AVGO) Q2 Earnings Beat Estimates, Revenues Up Y/Y

Broadcom's (AVGO) second-quarter fiscal 2023 results benefit from an increase in revenues from the Semiconductor solution segment.

OKTA's Q1 Earnings Beat Estimates, Revenues Increase Y/Y

Okta's (OKTA) first-quarter fiscal 2024 results reflect the benefits of an expanding clientele.

VMware (VMW) Q1 Earnings Beat Estimates, Revenues Rise Y/Y

VMware's (VMW) first-quarter fiscal 2024 results reflect top-line growth, driven by strength in demand for the company's multi-cloud offerings.

Ciena (CIEN) to Post Q2 Earnings: Here's What to Expect

Strong demand trends are likely to have boosted Ciena's (CIEN) fiscal Q2 performance. However, global macro weakness remains a concern.

Broadcom Inc. (AVGO) Tops Q2 Earnings and Revenue Estimates

Broadcom Inc. (AVGO) delivered earnings and revenue surprises of 1.88% and 0.26%, respectively, for the quarter ended April 2023. Do the numbers hold clues to what lies ahead for the stock?

Box (BOX) Q1 Earnings & Revenues Beat Estimates, Rise Y/Y

Box's (BOX) first-quarter fiscal 2024 results reflect strength in Content Cloud and Enterprise Plus.