Links

Homepage

Stock List

Search by Ticker

News

Login

Ciena Corporation (NYSE:CIEN)
Stock Analysis

CIEN60.99
▲ 0.07%0.04

Stock Analysis

The following stock analysis is based on 7.8 years of data (i.e. since Oct 09, 2012). All the stock history has been downloaded.

Stock Exchange

Ciena Corporation trades on the NYSE exchange in USD dollars.

Sector

It is in the sector.

Current Status of Ciena Corporation

It is currently trading at $60.99 ($60.95 the previous day).

Financials

The next reporting date is in 38 days (2020 09 16).

CNN estimates profits for the upcoming quarter will be $0.82 per share ($971.9M). The current Canada / US exchange rate is 1.3382.



Over the past 12 months, $0 worth of shares have been purchased and $20495569 worth of shares have been sold by insiders.

Will This Trend Continue?

The year over year average increase is 20.6% per year assuming steady exponential growth. The actual 5 year average is 18.1. Details on the individual increase in one year intervals is provided below.

Past PerformanceAverage PricePercent Change
1 year43.61272395833320.8+ Above Average
2 year36.10012048192853.2+ Above Average
3 year23.5694537815130.1- Below Average
4 year23.54548780487816.1- Below Average
5 year20.2729545454550.3- Below Average
Ciena Corporation is projected by analysts to get to $62.00 within the next 12 months (1.7%), but preticted targets range from as high as $73.00 (19.7%) and as low as $50(-18%).

Risk

The worst drop it has had in recent years is -48.8%. It has a shape to the stock curve, which means

Stock shape test

DAYS AG0PRICE
1056.72RISING
3053.26RISING
6055.26DROPPING
15042.88RISING
36542.52RISING
80024.52RISING
120022.45RISING
160018.21RISING
200020.08DROPPING


With an average increase of 20.6% year over year, if Ciena Corporation is bought at the worst time, Stockmarketizer analysts estimate it will take 28.4 months before the stock will recover to the original purchase price. The P/E value is 29.72.

Tradingview BuySell Widget

Yahoo News Feed

Ciena (CIEN) Outpaces Stock Market Gains: What You Should Know

Thu, 06 Aug 2020 21:50:09 In the latest trading session, Ciena (CIEN) closed at $60.95, marking a +1.72% move from the previous day.... Read Full Article

How Much Is Ciena Corporation (NYSE:CIEN) Paying Its CEO?

Thu, 06 Aug 2020 12:54:06 This article will reflect on the compensation paid to Gary Smith who has served as CEO of Ciena Corporation...... Read Full Article

Has Ciena (CIEN) Outpaced Other Computer and Technology Stocks This Year?

Wed, 05 Aug 2020 15:30:03 Is (CIEN) Outperforming Other Computer and Technology Stocks This Year?... Read Full Article

Why the Earnings Surprise Streak Could Continue for Ciena (CIEN)

Tue, 04 Aug 2020 16:10:04 Ciena (CIEN) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.... Read Full Article

These Are The 5 Best Stocks To Buy And Watch Now

Sat, 01 Aug 2020 19:07:04 Buying a stock is easy, but buying the right stock without a time-tested strategy is incredibly hard. So what are the best stocks to buy now or put on a watchlist?... Read Full Article

Ciena (CIEN) Dips More Than Broader Markets: What You Should Know

Thu, 30 Jul 2020 21:45:09 Ciena (CIEN) closed the most recent trading day at $59.11, moving -0.57% from the previous trading session.... Read Full Article

2 Top 5G Stocks You Should Be Buying Right Now

Tue, 28 Jul 2020 13:59:10 The deployment of 5G networks is still in the early phases, and a lot of money remains to be spent on the latest wireless technology as telecom carriers roll it out to more markets across the world. Ciena (NYSE: CIEN) ...... Read Full Article

Edited Transcript of CIEN earnings conference call or presentation 4-Jun-20 12:30pm GMT

Tue, 28 Jul 2020 12:56:10 Q2 2020 Ciena Corp Earnings Call... Read Full Article

Ciena Breaks Out

Mon, 27 Jul 2020 14:58:33 Ciena breaks out of a consolidation with a buy point a little above 57. Tried to break out on July 6, faltered, found support at 50-day and moved higher. Earnings growth/estimates strong. Revenue gains small. Growing Huawei bans/curbs good news ...... Read Full Article

Ciena (CIEN) to Power Sparkand's New Optical Transport Network

Wed, 22 Jul 2020 16:24:04 With Cienaand's (CIEN) WaveLogic 5, advanced network automation and intelligent restoration capabilities, Spark will be able to boost 5G and IoT services.... Read Full Article

Could Verizon Light a Fire Under Infinera’s 800G Business?

Tue, 21 Jul 2020 14:07:30 The optical solutions provider could gain a big fiber customer -- but investors shouldn’t overestimate the scope of the deal.... Read Full Article

Spark Starts Roll out of New Faster, ‘Self Healing’ Network Technology

Tue, 21 Jul 2020 13:00:00 Spark starts roll out of new faster, ‘self healing’ network technology with Ciena... Read Full Article

Can Ciena (NYSE:CIEN) Continue To Grow Its Returns On Capital?

Tue, 14 Jul 2020 16:36:39 Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Ideally, a business...... Read Full Article

Is Ciena (CIEN) Stock Undervalued Right Now?

Tue, 14 Jul 2020 15:50:03 Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong ...... Read Full Article

Did Hedge Funds Make The Right Call On Ciena Corporation (CIEN) ?

Mon, 13 Jul 2020 14:54:37 The latest 13F reporting period has come and gone, and Insider Monkey have plowed through 821 13F filings that hedge funds and well-known value investors are required to file by the SEC. The 13F filings show the fundsand' and investorsand' portfolio ...... Read Full Article

Sparkle Illuminates Its U.S.-Chile Submarine Cable with Ciena’s WaveLogic 5

Mon, 13 Jul 2020 13:00:00 Sparkle and Ciena announce the upgrade of Sparkleand's 10,476km next-generation fibers on the Curie submarine cable powered by WaveLogic 5 Extreme.... Read Full Article

3 5G Stocks to Buy Right Now

Fri, 10 Jul 2020 13:41:00 There is a great deal of excitement surrounding 5G, and rightly so. Mobile network providers are rolling out the first iterations of the new service, and the number of smartphones offering connectivity is ramping up. Meanwhile, it's the back-end construction ...... Read Full Article

Huawei Faces Increased Scrutiny. Apple, Cisco, and Other Tech Stocks Could Benefit.

Thu, 09 Jul 2020 19:03:00 The world’s largest provider of telecommunications infrastructure, Huawei Technologies, has come under increased global scrutiny from concerns that the company’s relationship with China’s government makes relying on its products a security risk. In routing, Huawei is the ...... Read Full Article

Ciena Supports Vodafone NZ to Offer Premium Digital Services

Thu, 09 Jul 2020 15:08:03 Cienaand's (CIEN) cutting-edge 800G coherent optics enables Vodafone New Zealand to provide citizens with access to the worldand's finest digital services.... Read Full Article
<