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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%) 6:32 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 Buy24.15%
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

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Zacks News

Ciena's (CIEN) Waveserver Ai Platform Adopted by team.blue

Leveraging the power of Ciena's (CIEN) Waveserver Ai platform, team.blue, will improve its cloud and network offerings, thereby delivering cutting-edge services to customers.

    Ciena's (CIEN) GeoMesh Extreme Solution Leveraged by EASSy

    Ciena's (CIEN) GeoMesh Extreme solution is adopted by EASSy to boost the capacity of its submarine cable system to meet the increasing demand and enhance global connectivity.

    Iridium (IRDM) Boosts Shareholder Value With $300M Buyback Plan

    Iridium (IRDM) approves an additional share buyback plan that reflects the company's strengthening business prospects.

    Ciena (CIEN) Matches Q1 Earnings Estimates, Misses on Revenues

    For second-quarter fiscal 2022, Ciena (CIEN) expects revenues in the range of $930-$970 million.

    Ciena (CIEN) Matches Q1 Earnings Estimates

    Ciena (CIEN) delivered earnings and revenue surprises of 0% and 0.24%, respectively, for the quarter ended January 2022. Do the numbers hold clues to what lies ahead for the stock?

    Ciena (CIEN) to Report Q1 Earnings: What's in the Offing?

    Ciena's (CIEN) fiscal first-quarter performance will likely benefit from a robust demand environment. However, supply chain troubles are likely to act as a headwind.

    Earnings Preview: Ciena (CIEN) Q1 Earnings Expected to Decline

    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.

    Fortive (FTV) Boosts Shareholder Value With 20M Buyback Program

    Fortive's (FTV) recently approved share repurchase program underscores the company's sound financial position and its commitment to reward its shareholders.

    Ciena (CIEN) Reports Q1 Preliminary Results, Cuts Revenue View

    Ciena (CIEN) expects fiscal first-quarter revenues between $840 million and $850 million, lower than the previous expectation of $870 million to $910 million.

    Ciena (CIEN) Optical Solutions Leveraged by India-Based Vi

    Ciena's (CIEN) coherent optical solutions are being used by India-based telecom operator???Vodafone Idea Limited.

    Ciena (CIEN) Deploys Solutions to Boost GBI's Submarine Network

    Ciena (CIEN) partners Gulf Bridge International to boost the latter's submarine network infrastructure with GeoMesh Extreme solution.

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    Best-Performing Stocks of the Top U.S. ETF of December

    iShares North American Tech-Multimedia Networking ETF (IGN) topped the list of best-performing U.S. equity ETFs in December, gaining about 13%.

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    Telecom Stock Roundup: ERIC to Power 5G Lab, ADTN to Boost Rural Utility & More

    While Ericsson (ERIC) will develop a 5G lab for Vodafone Spain, ADTRAN (ADTN) has collaborated with local firms to offer improved broadband solutions to rural electric utilities.

    Ciena (CIEN) Misses Q4 Earnings Estimates, Beats on Revenues

    Ciena's (CIEN) fourth-quarter fiscal 2021 results reflect solid top-line expansion as a result of robust demand dynamics and new wins supported by strong order flow and liquidity position.

    Ciena (CIEN) Q4 Earnings Lag Estimates

    Ciena (CIEN) delivered earnings and revenue surprises of -1.16% and 0.97%, respectively, for the quarter ended October 2021. Do the numbers hold clues to what lies ahead for the stock?

    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.

    Ciena (CIEN) Wins Network Deployment Deals From Multiple Telcos

    Ciena (CIEN) teams up with CityFibre and Telecom Egypt to augment their respective network capacities on the back of advanced optical technology.

    Ciena (CIEN) Gains From Focus on Core Optical Networking, Tie-Ups

    Accretive partnerships, higher demand for bandwidth, and focus on core optical networking solutions drive Ciena's (CIEN) momentum.

    Ciena (CIEN) Beats Q3 Earnings Estimates on Record Revenues

    Ciena's (CIEN) third-quarter fiscal 2021 results reflect a combination of its increasingly differentiated position in the marketplace and a strong demand environment.

    Company News for Sep 3, 2021

    Companies in the news are: CIEN, SIG, GMS, DOOO

    Ciena (CIEN) Q3 Earnings and Revenues Beat Estimates

    Ciena (CIEN) delivered earnings and revenue surprises of 16.46% and 2.02%, respectively, for the quarter ended July 2021. Do the numbers hold clues to what lies ahead for the stock?

    Analysts Estimate Ciena (CIEN) to Report a Decline in Earnings: What to Look Out for

    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.

    Ciena (CIEN) to Boost Djibouti Telecom's Network Capacity

    Ciena's (CIEN) GeoMesh Extreme submarine network solution uses the 6500 Packet-Optical Platform powered by the WaveLogic family.

    The Zacks Analyst Blog Highlights: Skyworks Solutions, Broadcom, American Tower, Qualcomm and Ciena Corp

    The Zacks Analyst Blog Highlights: Skyworks Solutions, Broadcom, American Tower, Qualcomm and Ciena Corp

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    5 Stocks to Watch Amid the Continued 5G Boom

    5G deployment is making steady progress and investors should keep a close watch on Skyworks Solutions (SWKS), Broadcom (AVGO), American Tower (AMT), Qualcomm (QCOM) and Ciena (CIEN).