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Ciena Corporation (NYSE:CIEN)
The following stock analysis is based on 10.5 years of data (i.e. since Oct 09, 2012). All the stock history has been downloaded.
Ciena Corporation trades on the NYSE exchange in USD dollars.
It is in the sector.
It is currently trading at $52.52 ($51.95 the previous day).
The next reporting date is in 61 days (2023 06 01).
CNN estimates profits for the upcoming quarter will be $0.60 per share ($1.1B). The current Canada / US exchange rate is 1.3511.
Over the past 12 months, $0 worth of shares have been purchased and $11709221 worth of shares have been sold by insiders.
The year over year average increase is 13.5% per year assuming steady exponential growth. The actual 5 year average is 17.82. Details on the individual increase in one year intervals is provided below.
|Past Performance||Average Price||Percent Change|
|1 year||49.248933333333||-15.5||- Below Average|
|2 year||58.255872093023||15.8||- Below Average|
|3 year||50.328761052632||24.4||+ Above Average|
|4 year||40.455216438356||29.5||+ Above Average|
|5 year||31.239885931559||34.9||+ Above Average|
The worst drop it has had in recent years is -48.8%. It has a shape to the stock curve, which means
Earnings Estimates Rising for Ciena (CIEN): Will It Gain?Thu, 30 Mar 2023 16:20:04 Ciena (CIEN) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.... Read Full Article
These Are The 5 Best Stocks To Buy And Watch NowWed, 29 Mar 2023 19:02:04 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
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Ciena Is Taking On Cisco And Huawei In This New Router MarketTue, 28 Mar 2023 20:32:25 Ciena's entry into the edge router market for telecom firms will be a catalyst for shares, said one analyst who upgraded the stock.... Read Full Article
Ciena (NYSE:CIEN) May Have Issues Allocating Its CapitalMon, 20 Mar 2023 13:17:05 If you're looking for a multi-bagger, there's a few things to keep an eye out for. One common approach is to try and...... Read Full Article
1 Exceptional Growth Stock That's Set to Shoot HigherThu, 16 Mar 2023 13:05:00 Optical networking equipment company Ciena (NYSE: CIEN) has turned out to be a solid investment over the past six months as its shares gained 16% amid improving business conditions. Let's take a closer look at Ciena's latest quarterly report and check ...... Read Full Article
Ciena (CIEN) Solutions Being Leveraged by Colt TechnologyWed, 15 Mar 2023 12:54:12 Ciena's (CIEN) Waveserver 5 and MCP domain controller used by Colt Technology to upgrade its network capacity.... Read Full Article
Ciena Supports Colt’s Launch of Long-Haul Networking Services in JapanTue, 14 Mar 2023 13:00:00 TOKYO, March 14, 2023--With the latest in coherent technology from Ciena, Colt IQ Network boasts improved scalability, flexibility, and programmability.... Read Full Article
Ciena (CIEN) Q1 Earnings and Revenues Top Estimates, Up Y/YWed, 08 Mar 2023 14:53:02 Ciena's (CIEN) Q1 revenues benefit from robust customer demand amid easing supply-chain troubles.... Read Full Article
Ciena Corporation (NYSE:CIEN) Q1 2023 Earnings Call TranscriptWed, 08 Mar 2023 14:06:00 Ciena Corporation (NYSE:CIEN) Q1 2023 Earnings Call Transcript March 6, 2023 Operator: Good day, and welcome to the Ciena’s Fiscal First Quarter 2023 Financial Results Conference Call. Please note this event is being recorded. I would now like to turn the conference ...... Read Full Article
ASE Reduces Cable Power Consumption by 60% with CienaWed, 08 Mar 2023 14:00:00 HANOVER, Md., March 08, 2023--Upgrades by Ciena have helped ASE be greener, enabling close to triple cable design capacity and massive reductions in power consumption... Read Full Article
Ciena Stock Earns Relative Strength Rating UpgradeTue, 07 Mar 2023 19:09:00 A Relative Strength Rating upgrade for Ciena shows improving technical performance. Will it continue?... Read Full Article
Company News for Mar 7, 2023Tue, 07 Mar 2023 14:35:02 Companies in The News Are: CIEN,BBIO,BA,SNAP... Read Full Article
Q1 2023 Ciena Corp Earnings CallTue, 07 Mar 2023 04:11:55 Q1 2023 Ciena Corp Earnings Call... Read Full Article
Fiber-Optic Network Gear Maker Expects Market Share GainsMon, 06 Mar 2023 21:41:03 Ciena reported January-quarter profit and revenue that topped analyst estimates as supply chain problems eased.... Read Full Article
These Stocks Are Moving the Most Today: Tesla, Apple, Snap, Lordstown, Ciena, and MoreMon, 06 Mar 2023 21:06:00 Tesla cuts U.S. prices on the Model S and Model X, while Apple stock is initiated at Buy by analysts at Goldman Sachs.... Read Full Article
Stock Market Backtracks Ahead Of Powell's Testimony; Cloud Network Stock Nears 52-Week HighMon, 06 Mar 2023 18:45:11 The stock market gives back some earlier gains. Cloud network stock Arista Networks is near a 52-week high and a key level on its chart.... Read Full Article
Ciena Smashes Earnings Expectations. It’s a Story of Improving Supply, CEO Says.Mon, 06 Mar 2023 16:17:00 The communications and network infrastructure provider posts record revenue of $1.06 billion for the quarter ended in January and lifts full-year guidance.... Read Full Article
Ciena Clocks 25% Topline Growth In Q1; Set For Market Share Gains Backed By Easing Supply Chain And DemandMon, 06 Mar 2023 15:26:32 Ciena Corp (NYSE: CIEN) reported a first-quarter FY23 revenue growth of 25.1% year-on-year to $1.057 billion, beating the consensus of $959.4 million. Segments: Total Networking Platforms revenue grew by 36.5% Y/Y to $855.1 million, and Total Global Services decreased by 9% Y/Y to $112.6 million. ...... Read Full Article
Ciena stock surges on Q1 earnings beatMon, 06 Mar 2023 14:46:43 Yahoo Finance Live anchors Julie Hyman and Jared Blikre discuss Ciena quarterly earnings.... Read Full Article