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CIEN

CIEN - Ciena Corp Stock Price, Fair Value and News

44.25USD-0.55 (-1.23%)Delayed as of 18 Apr 2024, 10:09 am ET

Market Summary

CIEN
USD44.25-0.55
Delayedas of 18 Apr 2024, 10:09 am
-1.23%

CIEN Alerts

  • 4 major insider sales recently.
  • Big fall in earnings (Y/Y)

CIEN Stock Price

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CIEN RSI Chart

CIEN Valuation

Market Cap

6.5B

Price/Earnings (Trailing)

28.4

Price/Sales (Trailing)

1.48

EV/EBITDA

13.99

Price/Free Cashflow

10.67

CIEN Price/Sales (Trailing)

CIEN Profitability

EBT Margin

6.73%

Return on Equity

7.8%

Return on Assets

4.08%

Free Cashflow Yield

9.37%

CIEN Fundamentals

CIEN Revenue

Revenue (TTM)

4.4B

Rev. Growth (Yr)

-1.78%

Rev. Growth (Qtr)

-8.13%

CIEN Earnings

Earnings (TTM)

228.1M

Earnings Growth (Yr)

-35.01%

Earnings Growth (Qtr)

-45.67%

Breaking Down CIEN Revenue

52 Week Range

40.1050.72
(Low)(High)

Last 7 days

-4.2%

Last 30 days

-9.5%

Last 90 days

-12.8%

Trailing 12 Months

-7.0%

How does CIEN drawdown profile look like?

CIEN Financial Health

Current Ratio

4.29

Debt/Equity

0.53

Debt/Cashflow

0.45

CIEN Investor Care

Buy Backs (1Y)

3.06%

Diluted EPS (TTM)

1.54

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20244.4B000
20233.8B4.0B4.2B4.4B
20223.7B3.8B3.7B3.6B
20213.5B3.4B3.4B3.6B
20203.6B3.7B3.7B3.5B
20193.2B3.4B3.5B3.6B
20182.8B2.8B2.9B3.1B
20172.6B2.7B2.8B2.8B
20162.5B2.5B2.6B2.6B
20152.3B2.3B2.3B2.4B
20142.2B2.2B2.3B2.3B
20131.9B1.9B2.0B2.1B
20121.7B1.8B1.8B1.8B
20111.5B1.7B1.7B1.7B
2010798.6M944.6M1.1B1.2B
200900777.5M652.6M
2008000902.4M
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Tracking the Latest Insider Buys and Sells of Ciena Corp

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Apr 15, 2024
smith gary b
sold
-186,627
44.7976
-4,166
president, ceo
Apr 15, 2024
cumello joseph
sold
-144,355
45.74
-3,156
svp, general mgr. blue planet
Apr 15, 2024
rothenstein david m
sold
-160,090
45.74
-3,500
svp and chief strategy officer
Apr 01, 2024
diperna dino
sold
-24,308
49.61
-490
svp global r&d
Apr 01, 2024
smith gary b
sold
-205,767
49.3921
-4,166
president, ceo
Apr 01, 2024
phipps jason
sold
-138,511
49.61
-2,792
svp global sales and marketing
Apr 01, 2024
gage brodie
sold
-26,442
49.61
-533
svp global products & supply
Mar 30, 2024
nettles patrick h
sold (taxes)
-60,230
49.45
-1,218
executive chairman
Mar 21, 2024
gallagher patrick
acquired
-
-
4,438
-
Mar 21, 2024
kumar devinder
acquired
-
-
4,438
-

1–10 of 50

Which funds bought or sold CIEN recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Apr 16, 2024
Register Financial Advisors LLC
new
-
33,041
33,041
0.02%
Apr 16, 2024
Trifecta Capital Advisors, LLC
sold off
-100
-5,537
-
-%
Apr 16, 2024
Moisand Fitzgerald Tamayo, LLC
unchanged
-
62.00
693
-%
Apr 16, 2024
Harbour Capital Advisors, LLC
added
4.18
177,462
1,485,220
0.37%
Apr 16, 2024
Asset Dedication, LLC
unchanged
-
-
4,000
-%
Apr 16, 2024
Financial Management Professionals, Inc.
unchanged
-
5,000
53,000
0.01%
Apr 16, 2024
CAMPBELL NEWMAN ASSET MANAGEMENT INC
added
3.46
196,848
1,637,440
0.13%
Apr 16, 2024
Stratos Wealth Partners, LTD.
added
2.93
32,729
282,805
-%
Apr 16, 2024
MCF Advisors LLC
reduced
-97.93
-10,645
248
-%
Apr 15, 2024
EXCHANGE TRADED CONCEPTS, LLC
reduced
-58.15
-4,474
3,808
-%

1–10 of 48

Are Funds Buying or Selling CIEN?

Are funds buying CIEN calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own CIEN
No. of Funds

Unveiling Ciena Corp's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2024
vanguard group inc
10.37%
15,026,070
SC 13G/A
Feb 12, 2024
fmr llc
-
0
SC 13G/A
Feb 09, 2024
fmr llc
-
0
SC 13G/A
Jan 30, 2024
blackrock inc.
11.3%
16,296,261
SC 13G/A
Jun 09, 2023
vanguard group inc
10.03%
14,954,778
SC 13G/A
Feb 09, 2023
fmr llc
-
0
SC 13G/A
Feb 09, 2023
vanguard group inc
9.66%
14,343,173
SC 13G/A
Jan 26, 2023
blackrock inc.
11.5%
17,139,924
SC 13G/A
Jan 20, 2023
blackrock inc.
11.5%
17,139,924
SC 13G
Feb 09, 2022
vanguard group inc
9.39%
14,549,184
SC 13G/A

Recent SEC filings of Ciena Corp

View All Filings
Date Filed Form Type Document
Apr 17, 2024
4
Insider Trading
Apr 17, 2024
4
Insider Trading
Apr 17, 2024
4
Insider Trading
Apr 15, 2024
144
Notice of Insider Sale Intent
Apr 15, 2024
144
Notice of Insider Sale Intent
Apr 15, 2024
144
Notice of Insider Sale Intent
Apr 03, 2024
4
Insider Trading
Apr 03, 2024
4
Insider Trading
Apr 03, 2024
4
Insider Trading
Apr 03, 2024
4
Insider Trading

Peers (Alternatives to Ciena Corp)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
193.5B
57.2B
-3.00% -5.01%
14.4
3.38
7.66% 18.93%
81.1B
5.9B
-10.36% 59.42%
38.85
13.84
33.75% 54.34%
27.1B
53.1B
-7.48% -11.27%
7.95
0.51
-11.04% 34.01%
22.1B
29.1B
-0.18% 7.92%
10.93
0.76
2.24% 133.29%
12.4B
4.2B
-10.39% 33.18%
25.61
2.93
-11.68% 12.69%
11.7B
5.6B
-0.63% 10.08%
37.86
2.11
4.97% -34.14%
MID-CAP
6.4B
1.9B
-2.45% -57.77%
17.23
3.42
4.69% 6.86%
3.4B
2.5B
-5.23% 2.39%
13.94
1.35
-3.62% -4.73%
2.8B
1.4B
-10.30% -9.72%
-10.62
1.97
-21.40% -1031.82%
SMALL-CAP
1.4B
1.3B
-1.15% -39.51%
17.86
1.06
14.09% 64.56%
460.0M
217.6M
-8.09% 442.27%
-8.21
2.11
-2.32% 15.59%
367.9M
1.1B
-12.95% -52.65%
-1.37
0.32
12.05% -13041.29%
129.2M
148.1M
-3.70% 16.32%
27.52
0.87
3.90% 76.40%
57.9M
56.0M
4.57% 3.00%
-4.66
1.03
-26.16% -43.53%
49.3M
29.7M
-5.56% -85.09%
-0.71
1.66
39.86% -13.06%

Ciena Corp News

Latest updates
Yahoo Finance • 8 hours ago
Defense World • 16 Apr 2024 • 09:09 am
MarketBeat • 15 Apr 2024 • 12:39 am
Yahoo Movies Canada • 14 Apr 2024 • 03:58 pm
Simply Wall St • 07 Apr 2024 • 07:00 am
The Motley Fool • 07 Mar 2024 • 08:00 am

Ciena Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue-8.1%1,0381,1291,0681,1331,0579718689498441,041988834757828977894833968961865779
Gross Profit-4.0%467486449488456434341402384477475412358404465413371420424375323
Operating Expenses-3.2%382395371385371356314343324340326279282311277286293326299294275
  S&GA Expenses3.6%12812411812512412210612011913011511097.0011395.0010110711710410498.00
  R&D Expenses-1.1%187189189190182167150159148147146110133137130132131142140138129
EBITDA Margin-3.8%0.11*0.11*0.12*0.11*0.10*0.09*0.10*0.13*0.16*0.16*0.16*0.17*---------
Interest Expenses-1.8%24.0024.0024.0024.0016.0014.0013.0012.009.008.008.008.007.007.007.008.009.009.009.009.009.00
Income Taxes206.2%22.00-20.6835.0030.0025.008.004.008.009.0026.00-96.6921.0012.0021.0039.0025.0010.003.0030.0018.009.00
Earnings Before Taxes1.4%72.0071.0064.0087.0010165.0015.0047.0055.0012914212567.0086.0018111772.0083.0011771.0043.00
EBT Margin-8.8%0.07*0.07*0.08*0.07*0.06*0.05*0.07*0.10*0.12*0.13*0.12*0.14*---------
Net Income-45.7%50.0091.0030.0058.0076.0058.0011.0039.0046.0010323810355.0065.0014292.0062.0080.0087.0053.0034.00
Net Income Margin-10.1%0.05*0.06*0.05*0.05*0.05*0.04*0.05*0.11*0.13*0.14*0.14*0.11*---------
Free Cashflow44.5%249173-16.70202-295-38.42-22787.00-80.2124353.00194---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets-0.1%5,5935,6015,7235,7765,6725,0704,9014,9644,9004,8654,6564,3884,1874,1814,0553,8573,8313,8933,7763,6873,618
  Current Assets0.9%3,6093,5763,8113,8693,7633,3863,1883,2293,1643,1892,9842,7942,5972,6112,5682,3402,2662,3822,2912,1782,090
    Cash Equivalents25.1%1,2651,0111,1181,1681,0559948601,0201,1191,4231,2311,2031,0291,0891,094888837904725699669
  Inventory-6.3%9851,0511,1931,0981,178947827537458374370401390344364326343345357359323
  Net PPE------------------287281282289
  Goodwill0.1%44544544744644732832932932318.0031231231131131131031113.00298298298
Liabilities-3.0%2,6702,7532,7762,8672,8342,3572,2332,1822,0861,8451,7321,6951,6001,6711,6261,6161,6371,7211,6561,6241,564
  Current Liabilities-9.7%8419329661,0581,0181,041915869760909827783685761720713733846791769701
  Long Term Debt0.0%1,5431,5431,5441,5461,5471,061---670---676---680---
    LT Debt, Current0%12.0012.0012.0012.0012.007.00---7.00---7.00---7.00---
    LT Debt, Non Current0.0%1,5431,5431,5441,5461,5471,061---670---676---680---
Shareholder's Equity2.6%2,9232,8482,9472,9092,8382,7132,6682,7822,8153,0202,9242,6932,5872,5102,4292,2412,1942,1732,1192,0632,054
  Retained Earnings1.5%-3,327-3,377-3,468-3,498-3,555-3,632-3,689-3,700-3,739-3,785-3,888-4,126-4,229-4,283-4,348-4,490-4,582-4,644-4,724-4,811-4,864
  Additional Paid-In Capital0.2%6,2756,2626,4266,4456,4226,3906,3786,4976,5676,8036,8166,8136,8266,8276,8166,7916,8026,8386,8666,8926,928
Shares Outstanding0.1%145145149149149148150152154155155155---------
Float----6,800---8,300---7,800---7,100---6,000-
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations36.1%2661959.00230-265-14.51-205107-54.4125569.00225-7.3218717591.0040.0024083.00104-14.10
  Share Based Compensation7.9%38.0035.0033.0032.0031.0027.0027.0027.0024.0021.0022.0022.0019.0017.0017.0018.0016.0015.0015.0016.0014.00
Cashflow From Investing118.5%18.00-98.12-8.07-101-176186196-102-380-24.60-17.94-13.85-34.32-18322.00-3.56-54.93-11.70-13.89-19.7569.00
Cashflow From Financing82.4%-34.72-197-53.03-12.62492-23.03-147-97.58135-36.65-22.35-37.20-20.63-8.475.00-32.92-51.02-49.03-43.76-53.56-132
  Buy Backs-79.3%38.0018458.00--13.0015583.00250------------

CIEN Income Statement

2024-01-27
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Jan. 27, 2024
Jan. 28, 2023
Revenue:  
Total revenue$ 1,037,709$ 1,056,521
Cost of goods sold:  
Total cost of goods sold570,747600,575
Gross profit466,962455,946
Operating expenses:  
Research and development187,269181,730
Selling and marketing128,158123,807
General and administrative54,68350,896
Significant asset impairments and restructuring costs4,9714,298
Amortization of intangible assets7,2527,441
Acquisition and integration costs02,558
Total operating expenses382,333370,730
Income from operations84,62985,216
Interest and other income, net10,65031,973
Interest expense(23,776)(15,870)
Income before income taxes71,503101,319
Provision for income taxes21,95625,078
Net income$ 49,547$ 76,241
Basic net income per common share (in dollars per share)$ 0.34$ 0.51
Diluted net income per potential common share (in dollars per share)$ 0.34$ 0.51
Weighted average basic common shares outstanding (in shares)145,291149,081
Weighted average dilutive potential common shares outstanding (in shares)145,848149,551
Products  
Revenue:  
Total revenue$ 835,777$ 877,715
Cost of goods sold:  
Total cost of goods sold466,472500,337
Services  
Revenue:  
Total revenue201,932178,806
Cost of goods sold:  
Total cost of goods sold$ 104,275$ 100,238

CIEN Balance Sheet

2024-01-27
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jan. 27, 2024
Oct. 28, 2023
Current assets:  
Cash and cash equivalents$ 1,264,751$ 1,010,618
Short-term investments106,678104,753
Accounts receivable, net of allowance for credit losses of $14.3 million and $11.7 million as of January 27, 2024 and October 28, 2023, respectively.865,2391,003,876
Inventories, net984,8861,050,838
Prepaid expenses and other387,193405,694
Total current assets3,608,7473,575,779
Long-term investments103,862134,278
Equipment, building, furniture and fixtures, net280,357280,147
Operating right-of-use assets35,67935,140
Goodwill445,084444,765
Other intangible assets, net195,682205,627
Deferred tax asset, net814,098809,306
Other long-term assets109,701116,453
Total assets5,593,2105,601,495
Current liabilities:  
Accounts payable316,094317,828
Accrued liabilities and other short-term obligations329,910431,419
Deferred revenue166,714154,419
Operating lease liabilities16,88816,655
Current portion of long-term debt11,70011,700
Total current liabilities841,306932,021
Long-term deferred revenue76,55674,041
Other long-term obligations176,313170,407
Long-term operating lease liabilities32,41833,259
Long-term debt, net1,543,1181,543,406
Total liabilities2,669,7112,753,134
Commitments and contingencies (Note 19)
Stockholders’ equity:  
Preferred stock – par value $0.01; 20,000,000 shares authorized; zero shares issued and outstanding00
Common stock – par value $0.01; 290,000,000 shares authorized; 144,946,510 and 144,829,938 shares issued and outstanding1,4491,448
Additional paid-in capital6,274,7736,262,083
Accumulated other comprehensive loss(24,867)(37,767)
Accumulated deficit(3,327,856)(3,377,403)
Total stockholders’ equity2,923,4992,848,361
Total liabilities and stockholders’ equity$ 5,593,210$ 5,601,495
CIEN
Ciena Corporation provides hardware and software services for delivery of video, data, and voice traffic metro, aggregation, and access communications network worldwide. The company's Networking Platforms segment offers convergence of coherent optical transport, open optical networking, IP routing, and switching services. Its products include 6500 Packet-Optical Platform, 5400 Reconfigurable Switching System, Waveserver stackable interconnect system, and the 6500 Reconfigurable line system, and the 5400 family of Packet-Optical platforms, as well as Z-Series Packet-Optical Platform; 3000 family of service delivery switches and the 5000 family of service aggregation switches, as well as 8700 Packetwave Platform and 6500 Packet Transport System. This segment also sells operating system software and enhanced software features embedded in each of its products. The company's Blue Planet Automation Software and Services segment provides multi-domain service orchestration, inventory, route optimization and analysis, network function virtualization orchestration, analytics, and related services. Its Platform Software and Service segment offers OneControl unified management system that support network solutions. The company's Global Services segment provides consulting and network design, installation and deployment, maintenance support, and training services. Ciena Corporation was incorporated in 1992 and is headquartered in Hanover, Maryland.
 CEO
 WEBSITEciena.com
 INDUSTRYComputer Hardware
 EMPLOYEES8623

Ciena Corp Frequently Asked Questions


What is the ticker symbol for Ciena Corp? What does CIEN stand for in stocks?

CIEN is the stock ticker symbol of Ciena Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Ciena Corp (CIEN)?

As of Wed Apr 17 2024, market cap of Ciena Corp is 6.48 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of CIEN stock?

You can check CIEN's fair value in chart for subscribers.

What is the fair value of CIEN stock?

You can check CIEN's fair value in chart for subscribers. The fair value of Ciena Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Ciena Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for CIEN so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Ciena Corp a good stock to buy?

The fair value guage provides a quick view whether CIEN is over valued or under valued. Whether Ciena Corp is cheap or expensive depends on the assumptions which impact Ciena Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for CIEN.

What is Ciena Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed Apr 17 2024, CIEN's PE ratio (Price to Earnings) is 28.4 and Price to Sales (PS) ratio is 1.48. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. CIEN PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Ciena Corp's stock?

In the past 10 years, Ciena Corp has provided 0.085 (multiply by 100 for percentage) rate of return.