Is Ciena (Cien) stock a buy or sell?
According to 16 analysts, the average rating for Ciena stock is "Buy." The 12-month stock price forecast is 81.00, which is an increase of 24.79% from the latest price. Ciena's (CIEN) coherent optical solutions are being used by India-based telecom operator???Vodafone Idea Limited.
Is Cien in an uptrend?
Description: CIEN is trending higher and in an uptrend meaning that highs are getting higher and lows are getting higher. The uptrend line on the chart and the Trending Band Indicator (which measures trend) supports the Long Position. Stats: 1. Ideal buy range: $53.2 - $54.8 2.
What is the upside from Ciena stock?
According to analysts, Ciena's stock has a predicted upside of 10.30% based on their 12-month price targets. What analysts cover Ciena?
When is Ciena's next quarterly earnings release?
Ciena is scheduled to release its next quarterly earnings announcement on Thursday, December 9th 2021. View our earnings forecast for Ciena. How were Ciena's earnings last quarter?
Is Cien a good stock to buy now?
Ciena is benefiting from an improved business environment that has led to strong growth in order activity. The stock's cheap valuation and bright outlook make it worth buying.
Is Ciena stock a buy or sell?
Ciena's analyst rating consensus is a 'Strong Buy.
Who is buying Ciena?
Centina SystemsCiena acquired Cyan, which offers platforms and software systems for network operators, for approximately $400 million in 2015. The assets of TeraXion Inc., a network management system company based in Quebec City, were purchased for $32 million in 2016....Acquisitions.Company acquiredYearCentina Systems201917 more rows
What does Ciena Corp do?
We are Ciena Ciena is a networking systems, services, and software company. We're driven by a relentless pursuit of network innovation—enabling our customers to adapt within ever-changing environments to deliver richer, more connected experiences for their business and users.
Is Cien a good company?
Ciena Corporation - Hold Valuation metrics show that Ciena Corporation may be undervalued. Its Value Score of B indicates it would be a good pick for value investors. The financial health and growth prospects of CIEN, demonstrate its potential to outperform the market. It currently has a Growth Score of F.
What is 800G technology?
800G means significant reduction in footprint, power and transport costs with fewer wavelengths to deploy and manage. And because a 400Gb/s wavelength can now extend ultra-long haul distances (ex.
Who are Ciena competitors?
CIENA CORPORATION competitors include Calix, Juniper Networks, Comtech Telecommunications Corp., Zayo Group and Lilee Systems.
When did Ciena go public?
1997: CIENA goes public with an opening market capitalization of $2.1 billion, but ends the day up 60 percent, to $3.4 billion.
How many customers does Ciena have?
The world's leading companies rely on Ciena Our solutions are deployed in more than 1,700 customer networks worldwide.
How many people work at Ciena?
Ciena total number of employees in 2021 was 7,241, a 2.97% increase from 2020. Ciena total number of employees in 2020 was 7,032, a 10.17% increase from 2019.
Is Ciena a router?
Ciena's 5131 is a hardened, weatherproof aggregation router.
Is Ciena a product based company?
Ciena - Products based company with culture of Service based company | Glassdoor.
Is Ciena a buy right now?
14 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Ciena in the last year. There are currently 3 hold rati...
When is Ciena's next earnings date?
Ciena is scheduled to release its next quarterly earnings announcement on Thursday, June 2nd 2022. View our earnings forecast for Ciena .
How can I listen to Ciena's earnings call?
Ciena will be holding an earnings conference call on Thursday, June 2nd at 8:30 AM Eastern. Interested parties can register for or listen to the ca...
How were Ciena's earnings last quarter?
Ciena Co. (NYSE:CIEN) issued its quarterly earnings results on Monday, March, 7th. The communications equipment provider reported $0.35 earnings pe...
What guidance has Ciena issued on next quarter's earnings?
Ciena issued an update on its FY 2022 earnings guidance on Tuesday, April, 5th. The company provided earnings per share guidance of for the period....
What price target have analysts set for CIEN?
14 brokers have issued 1-year target prices for Ciena's shares. Their forecasts range from $63.00 to $92.00. On average, they expect Ciena's stock...
What are Wall Street analysts saying about Ciena stock?
Here are some recent quotes from research analysts about Ciena stock: 1. The company posted its third consecutive quarter with book-to-bill above...
Who are Ciena's key executives?
Ciena's management team includes the following people: Dr. Patrick H. Nettles , Exec. Chairman (Age 79, Pay $155.83k) ( LinkedIn Profile ) Mr. G...
What is Gary B. Smith's approval rating as Ciena's CEO?
581 employees have rated Ciena CEO Gary B. Smith on Glassdoor.com . Gary B. Smith has an approval rating of 95% among Ciena's employees. This puts...
Is CIENA stock a Buy, Sell or Hold?
CIENA stock has received a consensus rating of buy. The average rating score is and is based on 24 buy ratings, 10 hold ratings, and 0 sell ratings.
What was the 52-week low for CIENA stock?
The low in the last 52 weeks of CIENA stock was 48.19. According to the current price, CIENA is 108.59% away from the 52-week low.
What was the 52-week high for CIENA stock?
The high in the last 52 weeks of CIENA stock was 78.28. According to the current price, CIENA is 66.85% away from the 52-week high.
What are analysts forecasts for CIENA stock?
The 34 analysts offering price forecasts for CIENA have a median target of 63.68, with a high estimate of 88.00 and a low estimate of 45.00. The me...
What is the rating of Ciena?
What is Ciena Corp?
Ciena has received a consensus rating of Buy. The company's average rating score is 2.67, and is based on 6 buy ratings, 3 hold ratings, and no sell ratings.
How much of Ciena is held by institutions?
Ciena Corp. engages in the provision of network and communication infrastructure. It operates through the following segments: Networking Platforms, Platform Software and Services, Blue Planet Automation Software and Services, and Global Services. The Networking Platforms segment consists of Converged Packet Optical and Packet Networking portfolios. The Platform Software and Services segment provides analytics, data, and planning tools to assist customers in managing Ciena's Networking Platforms products in their networks. The Blue Planet Automation Software and Services segment enables customers to implement large-scale software and IT-led OSS transformations by transforming legacy networks into “service ready“ networks. The Global Services segment offers a broad suite of value-added services. The company was founded by Patrick H. Nettles in November 1992 and is headquartered in Hanover, MD.
Does Ciena pay dividends?
90.13% of the stock of Ciena is held by institutions. High institutional ownership can be a signal of strong market trust in this company.
When will the CIEN earnings call end?
Ciena does not currently pay a dividend.
How many articles has The Fool written on Ciena?
CIEN earnings call for the period ending May 1, 2021.
What is the possible return on CIEN?
The Fool has written over 300 articles on Ciena.
What is Ciena Corp?
Strong horizontal pattern on CIEN with a possible 30% return.
What is the ideal range for CIEN?
Ciena Corp. engages in the provision of network and communication infrastructure. It operates through the following segments: Networking Platforms, Platform Software and Services, Blue Planet Automation Software and Services, and Global Services. The Networking Platforms segment consists of Converged Packet Optical and Packet Networking portfolios. The Platform Software and Services segment provides analytics, data, and planning tools to assist customers in managing Ciena’s Networking Platforms products in their networks. The Blue Planet Automation Software and Services segment enables customers to implement large-scale software and IT-led OSS transformations by transforming legacy networks into “service ready” networks. The Global Services segment offers a broad suite of value-added services. The company was founded by Patrick H. Nettles in November 1992 and is headquartered in Hanover, MD.
Is CIEN in a down trend?
The uptrend line on the chart and the Trending Band Indicator (which measures trend) supports the Long Position. Stats: 1. Ideal buy range: $53.2 - $54.8 2. Take profit: $62.81 3. Stop Loss: $51.7 4. Risk To Reward: 1 / 6 5. Accuracy Rating: 92%
Is CIEN in C wave?
CIEN - It is in down trend and seems like started C wave down. So sell it on bounce up to 42.80-43.60 with stop level above 44.65 for target below 36 or even more downside as C wave. Give thumbs up if you really like the trade idea.
What is Ciena Corporation?
CIEN - It is in C wave down after B wave complex sideway corrction finished. Sell with stops above 44.47 for down side target below 38 or lower. Give thumbs up if you really like the trade idea.
Is Ciena a big mover?
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, Waveserve... [Read more...]
How much did Ciena stock gain in 2021?
Ciena (CIEN) was a big mover last session on higher-than -average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
What is Ciena Corporation?
Ciena Corporation stock price ended on $56.61 on Monday after gaining 0.71% (Updated on July 26, 2021) The Ciena Corporation stock price gained 0.71% on the last trading day (Monday, 26th Jul 2021), rising from $56.21 to $56.61. , and has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining ...
Is Ciena stock a buy or sell signal?
Ciena Corporation provides equipment, software, and services that support the transport, switching, aggregation, service delivery, and management of voice, video, and data traffic on communications networks worldwide. The companys Converged Packet Optical segment offers networking solutions optimized for the convergence of coherent optical transport, OTN switching, and packet switching. Its products comprise the 6500 Packet-Optical Platform, 54... Read more
Is Ciena a buy candidate?
There are mixed signals in the stock today. The Ciena Corporation stock holds a buy signal from the short-term moving average; at the same time, however, the long-term average holds a general sell signal.
Is Ciena stock overbought?
Ciena Corporation holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.
Ciena (NYSE:CIEN) Price Target and Consensus Rating
The Ciena Corporation stock is overbought on RSI14 and lies in the upper part of the trend. Normally this may pose a good selling opportunity for the short-term trader, but some stocks may go long and hard while being overbought. Regardless, the high RSI together with the trend position increases the risk and higher daily movements (volatility) should be expected. A correction down in the nearby future seems very likely and it is of great importance that the stock manages to break the trend before that occurs.
Analyst Price Target Consensus
MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy).
Analyst Ratings By Month
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Average Share Price and Price Target by Month
The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
Ciena (NYSE:CIEN) Analyst Ratings Frequently Asked Questions
The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target.
