Ciena Corporation (CIEN)

US — Technology Sector
Peers: JNPR  LITE  EXTR  CLFD  GLW  NTAP  LU 

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Key Metrics & Ratings

  • symbol CIEN
  • Rev/Share 29.9261
  • Book/Share 19.483
  • PB 4.0815
  • Debt/Equity 0.5722
  • CurrentRatio 3.4041
  • ROIC 0.0297

 

  • MktCap 11241503840.0
  • FreeCF/Share 2.0483
  • PFCF 38.5129
  • PE 108.1293
  • Debt/Assets 0.2807
  • DivYield 0
  • ROE 0.0372

 

  • Rating C+
  • Score 2
  • Recommendation Sell
  • P/E Score 1
  • DCF Score 3
  • P/B Score 2
  • D/E Score 1

Recent Analyst Ratings

Type Ticker Analyst Firm Previous Rating Current Rating Previous Price Target Current Price Target Date
Upgrade CIEN Northland Capital Market Perform Outperform -- $75 March 12, 2025
Upgrade CIEN JP Morgan Neutral Overweight $84 $88 Jan. 28, 2025
Upgrade CIEN BofA Securities Neutral Buy $70 $95 Dec. 13, 2024
Downgrade CIEN Evercore ISI Outperform In-line -- $65 Oct. 15, 2024
Downgrade CIEN Exane BNP Paribas Outperform Neutral $59 $67 Oct. 9, 2024
Downgrade CIEN JP Morgan Overweight Neutral -- $65 Oct. 7, 2024
Upgrade CIEN Citigroup Sell Buy $44 $68 Sept. 23, 2024
Downgrade CIEN BofA Securities Buy Neutral -- -- Sept. 5, 2024

News

Ciena Q1 Earnings Preview: AI And Data Center Spending Needs To Be Strong
CIEN
Published: February 26, 2025 by: Seeking Alpha
Sentiment: Positive

Ciena Corporation's Q1 '25 earnings report is expected to show flat revenue growth, with EPS estimates of $0.41 non-GAAP and $0.14 GAAP on $1.05B in revenues. Key focus areas include AI-driven demand, data center spending, and the performance of new products like WaveLogic 6 Extreme and Nano. Management's confidence in long-term growth (8%-11%) hinges on robust AI and data center investments by tech giants like Meta, Amazon, and Alphabet.

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image for news Ciena Q1 Earnings Preview: AI And Data Center Spending Needs To Be Strong
Will Increasing Uptake of Ciena's WaveLogic 6 Extreme Buoy its Shares?
CIEN
Published: February 20, 2025 by: Zacks Investment Research
Sentiment: Positive

CIEN's advanced WaveLogic 6 Extreme solution is harnessed by Cirion Technologies to bolster the latter's digital infrastructure.

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image for news Will Increasing Uptake of Ciena's WaveLogic 6 Extreme Buoy its Shares?

About Ciena Corporation (CIEN)

  • IPO Date 1997-02-07
  • Website https://www.ciena.com
  • Industry Communication Equipment
  • CEO Gary B. Smith
  • Employees 8795

Ciena Corporation provides network hardware, software, and services that support the transport, routing, switching, aggregation, service delivery, and management of video, data, and voice traffic on communications networks worldwide. The company's Networking Platforms segment offers hardware networking products and solutions that optimized for the convergence of coherent optical transport, optical transport network switching, and packet switching. Its products include 6500 Packet-Optical Platform, 5430 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 service aggregation switches, and the 5000 family of service aggregation switches, as well as 8700 Packetwave Platform and the Ethernet packet configuration for the 5410 Service Aggregation Switch; 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 and platform software services, as well as manage, control, and plan software. The company's Global Services segment provides consulting and network design, installation and deployment, maintenance support, and training services. The company sells its products through direct and indirect sales channels to network operators. Ciena Corporation was founded in 1992 and is headquartered in Hanover, Maryland.