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Ciena (CIEN)

(Real Time Quote from BATS)

$51.28 USD

51.28
704,015

+0.81 (1.61%)

Updated Jul 23, 2024 03:55 PM ET

After-Market: $51.24 -0.04 (-0.08%) 4:16 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.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

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%.

Zacks Rank Education -- Learn more about the Zacks Rank
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) Stock Moves -1.15%: What You Should Know

Ciena (CIEN) closed the most recent trading day at $51.53, moving -1.15% from the previous trading session.

Ciena (CIEN) Reiterates Guidance for Q2 and Fiscal 2023

Ciena (CIEN) continues to expect revenues in the range of $1,035-$1,115 million for the second quarter of fiscal 2023.

Why Is Ciena (CIEN) Up 5.5% 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.

Here's Why Investors Should Consider Buying Ciena (CIEN)

Ciena's (CIEN) performance gains from continued momentum in WaveLogic 5e and frequent product launches.

Earnings Estimates Rising for Ciena (CIEN): Will It Gain?

Ciena (CIEN) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Ciena (CIEN) Solutions Being Leveraged by Colt Technology

Ciena's (CIEN) Waveserver 5 and MCP domain controller used by Colt Technology to upgrade its network capacity.

Ciena (CIEN) Q1 Earnings & Revenues Top Estimates, Up Y/Y

Ciena's (CIEN) Q1 revenues benefit from robust customer demand amid easing supply-chain troubles.

Company News for Mar 7, 2023

Companies in The News Are: CIEN,BBIO,BA,SNAP

Ciena (CIEN) Tops Q1 Earnings and Revenue Estimates

Ciena (CIEN) delivered earnings and revenue surprises of 77.78% and 10.14%, respectively, for the quarter ended January 2023. Do the numbers hold clues to what lies ahead for the stock?

Here's What to Expect Ahead of Ciena's (CIEN) Q1 Earnings

Strong secular demand trends are likely to have provided some cushioning to Ciena's (CIEN) fiscal Q1 performance. However, global macro weakness and supply-chain troubles remain concerns.

Ciena (CIEN) to Launch WaveLogic 6 in the First Half of 2024

Ciena (CIEN) plans to launch WaveLogic 6 in the first half of 2024 to cater to the high-capacity transport required by next-generation routing data paths.

Here's Why Investors Should Consider Buying Ciena (CIEN)

Ciena's (CIEN) performance gains from continued momentum in Coherent Routing, PON and high-speed business services.

Should You Invest in the First Trust Indxx NextG ETF (NXTG)?

Sector ETF report for NXTG

Should Invesco Russell 1000 Equal Weight ETF (EQAL) Be on Your Investing Radar?

Style Box ETF report for EQAL

Ciena's (CIEN) Coherent Optical Technology Used by Dedicado

Ciena's (CIEN) 6500 Packet-Optical Platform powered by WL5e is used by Dedicado to support the rising demand for network connectivity.

Shaun Pruitt headshot

Time to Buy These 2 Tech Stocks for 2023?

Considering their current valuation and earnings growth, Ciena (CIEN) and nVent (NVT) both look poised for a strong 2023.

Ciena (CIEN) Q4 Earnings & Revenues Top Estimates, Down Y/Y

Ciena's (CIEN) Q4 revenues were affected by continued supply-chain constraints, partly offset by robust customer demand.

Ciena (CIEN) Beats Q4 Earnings and Revenue Estimates

Ciena (CIEN) delivered earnings and revenue surprises of 662.50% and 14.04%, respectively, for the quarter ended October 2022. Do the numbers hold clues to what lies ahead for the stock?

Here's What to Expect Ahead of Ciena's (CIEN) Q4 Earnings

Ciena's (CIEN) fiscal Q4 performance is likely to have been affected by global macro weakness and supply-chain troubles. Strong secular demand trends are likely to have provided some cushioning.

Ciena (CIEN) Expands Portfolio With Tibit & Benu Acquisitions

Ciena (CIEN) plans to acquire Tibit Communications to complement its existing portfolio and expand global footprint.

Is Invesco Russell 1000 Equal Weight ETF (EQAL) a Strong ETF Right Now?

Smart Beta ETF report for EQAL

Jack Henry (JKHY) Surpasses Q1 Earnings and Revenue Estimates

Jack Henry (JKHY) delivered earnings and revenue surprises of 5.80% and 0.03%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

New Strong Sell Stocks for November 3rd

CIEN, CVE and CINF have been added to the Zacks Rank #5 (Strong Sell) List on November 3, 2022.