CIEN - Ciena Corporation

NYSE - NYSE Delayed price. Currency in USD
-0.07 (-0.26%)
At close: 4:02PM EDT
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Previous close27.27
Bid0.00 x 0
Ask0.00 x 0
Day's range27.05 - 27.36
52-week range19.40 - 27.98
Avg. volume3,321,683
Market cap3.906B
PE ratio (TTM)5.78
EPS (TTM)4.70
Earnings date30 May 2018 - 4 Jun 2018
Forward dividend & yieldN/A (N/A)
Ex-dividend dateN/A
1y target est30.01
Trade prices are not sourced from all markets
  • Barrons.com3 days ago

    Ciena, Cisco Shine at OFC Conference, Says Goldman

    A number of analysts have been at the Optical Network and Communication Conference, or OFC as it’s known, in San Diego, California, kicking the tires. Among them, Goldman Sachs’s Doug Clark and Rod Hall came away with some favorable impressions of Cisco Systems (CSCO) and Ciena (CIEN). The analysts write that “investor attendance and interest was once again high, especially with industry consolidation top of mind following the announcement on March 12 of Lumentum’s (LITE) intent to acquire Oclaro (OCLR)." The authors met with Ciena’s CTO Steve Alexander and with CFO Jim Moylan and came away enthusiastic about the company’s standing in, for example, “400G” networking, the movement of 400 billion bits per second in fiber optic pipes: Ciena has been shipping 400G optical systems (leveraging its WaveLogic Ai chipset) for several quarters.

  • GlobeNewswire4 days ago

    SMTC Appoints Steve Waszak as Chief Financial Officer

    TORONTO, March 13, 2018-- SMTC Corporation, a global electronics manufacturing services provider, today announced that it has appointed Steve Waszak as Chief Financial Officer and Sr. Vice President of ...

  • Company News For Mar 7, 2018
    Zacks10 days ago

    Company News For Mar 7, 2018

    Companies in the news are: TGT,CHUBA,CIEN,ALOG

  • Ciena (CIEN) Surges: Stock Moves 10.1% Higher
    Zacks10 days ago

    Ciena (CIEN) Surges: Stock Moves 10.1% Higher

    Ciena (CIEN) saw a big move last session, as its shares jumped more than 10% on the day, amid huge volumes.

  • Ciena's (CIEN) Q1 Earnings and Revenues Surpass Estimates
    Zacks10 days ago

    Ciena's (CIEN) Q1 Earnings and Revenues Surpass Estimates

    Ciena's (CIEN) first-quarter fiscal 2018 results gain from strong growth in Asia Pacific as well as high adoption of Blue Planet and Waveserver platforms.

  • What Happened in the Stock Market Today
    Motley Fool11 days ago

    What Happened in the Stock Market Today

    On a positive day for the market, shares of Target and Ciena moved in different directions.

  • Associated Press11 days ago

    Target slips while Ciena and Broadcom move higher

    Stocks that moved substantially or traded heavily on Tuesday: Target Corp., down $3.35 to $71.79 The retailer reported strong sales but said expenses rose as it spends more money on its website and revamps ...

  • Ciena Quarterly Earnings Fall But Top Estimates, Stock Jumps
    Investor's Business Daily11 days ago

    Ciena Quarterly Earnings Fall But Top Estimates, Stock Jumps

    For the April quarter, Ciena forecast revenue of $725 million at its midpoint of guidance, just above estimates of $723 million.

  • Barrons.com11 days ago

    Tech Today: Broadcom Rising, Another Netflix Target Hike, Bully for Micron

    Here are some things going on today in your world of tech: Shares of Broadcom (AVGO) are up $2.05, or 0.8%, at $249.03, perhaps because investors now see diminished prospects for its hostile bid for Qualcomm (QCOM), after the latter this morning published a copy of a letter sent by the U.S Treasury Department to it and to Broadcom saying that the government has concerns about the national security implications of a deal, and that the CFIUS body will be reviewing those concerns during the 30-day review period that has started. Bernstein’s Stacy Rasgon, a bull on Broadcom stock and a bear on Qualcomm, writes this morning that it looks like, based on a Bloomberg report yesterday, that Qualcomm was going to lose the shareholder vote that had been scheduled for today and that was postponed by CFIUS as a result of the investigation.

  • MarketWatch11 days ago

    Ciena earnings beat boosts shares of Finisar, Infinera

    Finisar Corp. and Infinera Corp. are among the optical companies whose shares are up Tuesday, after optical networking company Ciena Corp. reported better-than-expected earnings before the open. Finisar ...

  • Why Shares of Ciena Corp. Surged Today
    Motley Fool11 days ago

    Why Shares of Ciena Corp. Surged Today

    The networking company reported strong first-quarter revenue and earnings.

  • Barrons.com11 days ago

    Ciena Surges 10%: CEO Sees 5G, Cloud Come Into Focus

    [Updates with comments from CEO.] Shares of Ciena (CIEN) are up $2.32, or almost 10%, at $25.68, in early trading, after the company this morning reported fiscal Q1 revenue and earnings that topped analysts’ expectations, and forecast revenue this quarter slightly higher as well. CEO Gary Smith, fresh from the Mobile World Congress last week, a sort of speed-dating encounter for signing contracts, was upbeat in a phone call we had following the report. Smith told me "you are seeing the market consolidate around Ciena, in first place, and Huawei," China's privately held carrier.

  • Associated Press11 days ago

    Ciena reports 1Q loss

    The Hanover, Maryland-based company said it had a loss of $3.29 per share. Earnings, adjusted for pretax expenses and stock option expense, came to 15 cents per share. The results surpassed Wall Street ...

  • MarketWatch11 days ago

    Ciena shares surge 6% premarket after earnings beat

    Ciena Corp. shares surged 6% in premarket trade Tuesday, after the networking company beat earnings estimates for its fiscal first quarter. The company said it had a net loss of $473.4 million, or $3.29 ...

  • Barrons.com12 days ago

    Ciena FYQ1 On Tap: Street Looks to Cloud, 5G To Bolster Soft Telco Environment

    Fiber-optic networking giant Ciena (CIEN) is set to report fiscal Q1 results tomorrow morning, before the opening bell, and the Street has been tuning up its models for the company. Dougherty & Co.’s Catharine Trebnick, who has a Buy on the stock, and a $25 price target, is expecting results basically in line with that consensus.

  • Ciena Earnings Due, Optical Gear Maker Up 12% In 2018
    Investor's Business Daily12 days ago

    Ciena Earnings Due, Optical Gear Maker Up 12% In 2018

    Ciena's fiscal Q1 profit is expected to fall nearly 54% when the network gear maker reports earnings early Tuesday.

  • What's in the Cards for Windstream (WIN) in Q4 Earnings?
    Zacks25 days ago

    What's in the Cards for Windstream (WIN) in Q4 Earnings?

    Windstream (WIN) is likely to gain from improving sales, cost cutting and pricing-initiative plans, SD-WAN and cloud suite in Q4. Access line losses are likely to hurt.

  • GlobeNewswire25 days ago

    Report: Developing Opportunities within Spire, New Relic, Apollo Global Management, MSCI, Avangrid, and Ciena — Future Expectations, Projections Moving into 2018

    NEW YORK, Feb. 20, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Spire ...

  • Barrons.comlast month

    Amazon, Google Cloud Spending Stays Strong, Says Raymond James

    Amazon (AMZN), Alphabet’s (GOOGL) Google, Microsoft (MSFT), and Facebook (FB) — bode well for networking systems and component makers including Arista Networks (ANET), Finisar (FNSR), and Ciena (CIEN), writes Raymond James analyst Simon Leopold. Leopold, who’s been watching their respective reports — Google and Amazon Thursday afternoon, Microsoft and Facebook on Wednesday — totals their spending Q4 as $12.19 billion.

  • 3 Low-Key Artificial Intelligence Stocks You Shouldn’t Miss
    Motley Fool2 months ago

    3 Low-Key Artificial Intelligence Stocks You Shouldn’t Miss

    The chipmakers Xilinx, Ciena, and CEVA could be hidden winners of the AI revolution.

  • Barrons.com2 months ago

    Lumentum, Oclaro: Sanmina Warning Confirms Weak Q1, Says B Riley

    Shares of fiber optic component suppliers are generally weaker today following a warning late Friday by contract electronics manufacturer Sanmina-SCI (SANM) that its revenue and profit will miss fiscal Q1 expectations, and next quarter as well, hit by hiccups in some of its projects, and by the impact of tax reform. Dave Kang of B. Riley & Co., who follows several of the optical names, warns that this means a tough Q1 for fiber names such as Lumentum (LITE), Oclaro (OCLR), and Ciena (CIEN). The warning is "additional evidence that C1Q18 will be weak” for communications components, writes Kang, "with a pick up in demand starting in C2H18." That, he notes, is similar to what the management of component vendor  Inphi (IPHI) said at an investment conference last week.

  • Finisar Downgraded, Ciena Upgraded On Industry Merger Speculation
    Investor's Business Daily2 months ago

    Finisar Downgraded, Ciena Upgraded On Industry Merger Speculation

    An analyst says Lumentum Holdings and Finisar are "warming up" to potential acquisitions amid industry consolidation.

  • MarketWatch2 months ago

    Ciena stock rises after Goldman Sachs upgrades to buy

    Shares of telecom equipment supplier Ciena Corp. rose 3.2% in Tuesday morning trading following an upgrade to buy from analysts at Goldman Sachs. "We view Ciena as a key beneficiary of a more bullish ...

  • Options Traders Expect Huge Moves in Ciena (CIEN) Stock
    Zacks2 months ago

    Options Traders Expect Huge Moves in Ciena (CIEN) Stock

    Ciena (CIEN) needs investors to pay close attention to the stock based on moves in the options market lately.

  • 4 Takeaways From Ciena's Long-Term Update
    Motley Fool3 months ago

    4 Takeaways From Ciena's Long-Term Update

    On its 25th birthday the networking equipment vendor reported fourth-quarter results and also gave a longer-term view.