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Ciena (CIEN)

(Real Time Quote from BATS)

$65.42 USD

65.42
605,448

+2.18 (3.45%)

Updated Nov 5, 2024 02:32 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

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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.

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%.

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

Top 39% (97 out of 250)

Industry: Fiber Optics

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Zacks News

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

by Zacks Equity Research

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

Company News for Mar 7, 2023

by Zacks Equity Research

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

Ciena (CIEN) Tops Q1 Earnings and Revenue Estimates

by Zacks Equity Research

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

by Zacks Equity Research

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

by Zacks Equity Research

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)

by Zacks Equity Research

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)?

by Zacks Equity Research

Sector ETF report for NXTG

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

by Zacks Equity Research

Style Box ETF report for EQAL

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

by Zacks Equity Research

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?

by Shaun Pruitt

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

by Zacks Equity Research

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

by Zacks Equity Research

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

by Zacks Equity Research

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

by Zacks Equity Research

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?

by Zacks Equity Research

Smart Beta ETF report for EQAL

Jack Henry (JKHY) Surpasses Q1 Earnings and Revenue Estimates

by Zacks Equity Research

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

by Zacks Equity Research

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

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

by Zacks Equity Research

Sector ETF report for NXTG

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

by Zacks Equity Research

Style Box ETF report for EQAL

Marathon Petroleum and Ciena Corporation have been highlighted as Zacks Bull and Bear of the Day

by Zacks Equity Research

Marathon Petroleum and Ciena Corporation have been highlighted as Zacks Bull and Bear of the Day.

Bryan Hayes headshot

Bear of the Day: Ciena Corp. (CIEN)

by Bryan Hayes

Declining earnings estimates are a huge red flag for this poorly rated stock.

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

by Zacks Equity Research

Ciena's (CIEN) Waveserver 5 powered by WaveLogic 5 Extreme leveraged by the U.S. DOE ESnet.

Ciena's (CIEN) GeoMesh Extreme Powers C&W Networks' Upgrade

by Zacks Equity Research

Ciena's (CIEN) GeoMesh Extreme is being utilized by C&W Networks to meet increasing broadband and IP needs

Ciena's (CIEN) Packet Optical Solutions Utilized by Biznet

by Zacks Equity Research

Biznet will utilize Ciena's (CIEN) 6500 Packet Optical Platform, powered by WaveLogic coherent optics to expand its network across 180 cities in Indonesia.

New Strong Sell Stocks for September 8th

by Zacks Equity Research

CIEN, CYH and ICUI have been added to the Zacks Rank #5 (Strong Sell) List on September 8, 2022.