Ciena Corp's fundamentals are relatively stable, and its growth potential is high.Its valuation is considered fairly valued, ranking 19/54 in the Communications & Networking industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 164.08.In the medium term, the stock price is expected to trend up.The company has been performing strongly in the stock market over the past month, which is supported by its strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Ciena Corp's Score
Industry at a Glance
Industry Ranking
19 / 54
Overall Ranking
136 / 4582
Industry
Communications & Networking
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Analyst Rating
Based on
18
analysts
Buy
Current Rating
164.082
Target Price
-22.94%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
Ciena Corp Highlights
StrengthsRisks
Ciena Corporation is a network system, software, and services company which provides hardware, software, and services to a range of network operators and enables enhanced network capacity, service delivery, and automation. Its segments include Networking Platforms, Platform Software and Services, Blue Planet Automation Software and Services, and Global Services. Networking Platforms segment consists of Optical Networking and Routing and Switching portfolios. Platform Software and Services which provides domain control management, analytics, data and planning tools and applications to assist customers in managing their networks. Blue Planet Automation Software and Services includes inventory management (BPI), multi-domain service orchestration, multi-cloud orchestration, route optimization and analysis (ROA), and unified assurance and analytics (UAA). Global Services segment offers a suite of value-added services that help its customers to build, operate and improve their networks.
Overvalued
The company’s latest PB is 11.90, at a high 3-year percentile range.
Institutional Selling
The latest institutional holdings are 143.98M shares, decreasing 0.13% quarter-over-quarter.
Ciena Corporation is a network system, software, and services company which provides hardware, software, and services to a range of network operators and enables enhanced network capacity, service delivery, and automation. Its segments include Networking Platforms, Platform Software and Services, Blue Planet Automation Software and Services, and Global Services. Networking Platforms segment consists of Optical Networking and Routing and Switching portfolios. Platform Software and Services which provides domain control management, analytics, data and planning tools and applications to assist customers in managing their networks. Blue Planet Automation Software and Services includes inventory management (BPI), multi-domain service orchestration, multi-cloud orchestration, route optimization and analysis (ROA), and unified assurance and analytics (UAA). Global Services segment offers a suite of value-added services that help its customers to build, operate and improve their networks.
Ticker SymbolCIEN
CompanyCiena Corp
CEOSmith (Gary Brian)
Websitehttps://www.ciena.com/
FAQs
What is the current price of Ciena Corp (CIEN)?
The current price of Ciena Corp (CIEN) is 230.450.
What is the symbol of Ciena Corp?
The ticker symbol of Ciena Corp is CIEN.
What is the 52-week high of Ciena Corp?
The 52-week high of Ciena Corp is 248.000.
What is the 52-week low of Ciena Corp?
The 52-week low of Ciena Corp is 49.210.
What is the market capitalization of Ciena Corp?
The market capitalization of Ciena Corp is 32.50B.
What is the net income of Ciena Corp?
The net income of Ciena Corp is 83.96M.
Is Ciena Corp (CIEN) currently rated as Buy, Hold, or Sell?
According to analysts, Ciena Corp (CIEN) has an overall rating of Buy, with a price target of 164.082.
What is the Earnings Per Share (EPS TTM) of Ciena Corp (CIEN)?
The Earnings Per Share (EPS TTM) of Ciena Corp (CIEN) is 0.867.