CIEN 📈 Ciena - Overview

Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: US1717793095

CIEN: Optical, Switching, Routing, Software, Services

Ciena Corporation is a leading provider of hardware and software services that enable the delivery of video, data, and voice traffic across metro, aggregation, and access communications networks worldwide. The company's Networking Platforms segment is focused on converging various technologies, including coherent optical transport, open optical networking, optical transport network switching, IP routing, and switching services. This convergence enables the creation of highly efficient and scalable networks. The segment's product portfolio includes a range of platforms, such as the 6500 Packet-Optical Platform, Waveserver stackable interconnect system, and the 6500 Reconfigurable line system, which are designed to support the growing demand for high-speed data transfer and low latency. Additionally, the company offers a variety of service delivery and aggregation switches, including the 3000 and 5000 families, as well as the 8700 Packetwave Platform and 6500 Packet Transport System.

The company's Blue Planet Automation Software and Services segment is centered around providing a suite of software solutions that enable multi-domain service orchestration, inventory management, route optimization, and analysis. This segment also offers multi-cloud orchestration, unified assurance, and analytics services, which are designed to help network operators optimize their operations and improve customer experience. The Blue Planet platform is built on open and modular architecture, allowing customers to easily integrate it with their existing systems and applications. This flexibility, combined with the platform's advanced automation capabilities, enables network operators to respond quickly to changing market conditions and customer needs.

Ciena's Platform Software and Service segment offers a range of software solutions, including the MCP domain controller solution and the OneControl unified management system. These solutions provide network operators with a centralized platform to manage and control their networks, allowing them to simplify their operations and reduce costs. The segment also offers planning tools that enable network operators to design and optimize their networks for maximum efficiency and performance. By providing these software solutions, Ciena is able to help network operators create more agile and responsive networks that can adapt to changing market conditions and customer needs.

The company's Global Services segment provides a range of support services, including maintenance, training, installation, and deployment, as well as consulting and network design services. These services are designed to help network operators get the most out of their Ciena equipment and to ensure that their networks are running at optimal levels. The Global Services segment also offers customized solutions that are tailored to the specific needs of each customer, allowing network operators to focus on their core business while leaving the management of their networks to Ciena's experts. With its comprehensive range of services, Ciena is able to provide network operators with a one-stop shop for all their networking needs.

Ciena Corporation, which was incorporated in 1992 and is headquartered in Hanover, Maryland, has established itself as a leading player in the global communications equipment market. The company's common stock is listed on the New York Stock Exchange (NYSE) under the ticker symbol CIEN, and its ISIN is US1717793095. As a provider of critical networking infrastructure, Ciena plays a vital role in enabling the delivery of high-speed data, voice, and video services to consumers and businesses around the world. With its strong portfolio of products and services, the company is well-positioned to continue to drive innovation and growth in the communications equipment market.

Additional Sources for CIEN Stock

CIEN Stock Overview

Market Cap in USD 13,002m
Sector Technology
Industry Communication Equipment
GiC Sub-Industry Communications Equipment
IPO / Inception 1997-02-07

CIEN Stock Ratings

Growth 5y 40.6%
Fundamental 9.69%
Dividend -
Rel. Strength Industry 169
Analysts 3.81/5
Fair Price Momentum 84.52 USD
Fair Price DCF 51.18 USD

CIEN Dividends

No Dividends Paid

CIEN Growth Ratios

Growth Correlation 3m 83.8%
Growth Correlation 12m 61.9%
Growth Correlation 5y 5.4%
CAGR 5y 15.54%
CAGR/Mean DD 5y 0.64
Sharpe Ratio 12m 1.78
Alpha 71.85
Beta 1.00
Volatility 52.23%
Current Volume 3838.6k
Average Volume 20d 2747.9k
What is the price of CIEN stocks?
As of December 22, 2024, the stock is trading at USD 87.38 with a total of 3,838,621 shares traded.
Over the past week, the price has changed by -2.61%, over one month by +31.44%, over three months by +48.78% and over the past year by +100.50%.
Is Ciena a good stock to buy?
Neither. Based on ValueRay Fundamental Analyses, Ciena is currently (December 2024) neither a good nor a bad stock to buy. It has a ValueRay Fundamental Rating of 9.69 and therefor a neutral outlook according to the companies health.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of CIEN as of December 2024 is 84.52. This means that CIEN is currently overvalued and has a potential downside of -3.27%.
Is CIEN a buy, sell or hold?
Ciena has received a consensus analysts rating of 3.81. Therefor, it is recommend to buy CIEN.
  • Strong Buy: 5
  • Buy: 3
  • Hold: 8
  • Sell: 0
  • Strong Sell: 0
What are the forecast for CIEN stock price target?
According to ValueRays Forecast Model, CIEN Ciena will be worth about 93.4 in December 2025. The stock is currently trading at 87.38. This means that the stock has a potential upside of +6.86%.
Issuer Forecast Upside
Wallstreet Target Price 86.7 -0.8%
Analysts Target Price 59.3 -32.2%
ValueRay Target Price 93.4 6.9%