NYSE:CIEN

51.74
1.10 (2.17%)
Ciena Corporation is a United States-based global supplier of telecommunications networking equipment, software, and services. The company was founded in 1992 and is headquartered in Hanover, Maryland.
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Analysis and Opinions about CIEN-N

Signal
Opinion
Expert
Chart
TOP PICK
TOP PICK
May 4, 2021
Stockchase Research Editor: Michael O'Reilly CIEN is an internet network solutions company that is well poised for the growth in 5G. Recently reported earnings of $0.52 per share beat analyst expectations by 15%. Less than 2/3 of revenue is derived in North America, providing global diversification. The company holds $1.3 billion in cash. Announcements by the Biden Administration to strengthen internet infrastructure will keep demand for their 5G applications growing. We would buy this with a stop loss at $39, looking to achieve $60 -- upside potential over 19%. Yield 0% (Analysts’ price target is $59.56)
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Ciena (CIEN-N)
May 4, 2021
Stockchase Research Editor: Michael O'Reilly CIEN is an internet network solutions company that is well poised for the growth in 5G. Recently reported earnings of $0.52 per share beat analyst expectations by 15%. Less than 2/3 of revenue is derived in North America, providing global diversification. The company holds $1.3 billion in cash. Announcements by the Biden Administration to strengthen internet infrastructure will keep demand for their 5G applications growing. We would buy this with a stop loss at $39, looking to achieve $60 -- upside potential over 19%. Yield 0% (Analysts’ price target is $59.56)
DON'T BUY
DON'T BUY
September 21, 2020
They had a terrible quarter and set other tech stocks down with it. Be careful with this.
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Ciena (CIEN-N)
September 21, 2020
They had a terrible quarter and set other tech stocks down with it. Be careful with this.
Jim Cramer - Mad Money
Price
$40.590
Owned
Unknown
PAST TOP PICK
PAST TOP PICK
May 12, 2020
(A Top Pick Apr 22/19, Up 26%) Still likes this optical networking company (i.e. streaming broadband) very much. They're competing with Huawei, so CIEN will benefit as western companies and governments fear industrial espionage of the former.
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Ciena (CIEN-N)
May 12, 2020
(A Top Pick Apr 22/19, Up 26%) Still likes this optical networking company (i.e. streaming broadband) very much. They're competing with Huawei, so CIEN will benefit as western companies and governments fear industrial espionage of the former.
Gordon Reid
Price
$49.150
Owned
Yes
DON'T BUY
DON'T BUY
May 8, 2019
A wireline provider in the telecom space. He does not think they are well positioned for the 5G revolution. A good company that is buying back stock, but he would not be a buyer.
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Ciena (CIEN-N)
May 8, 2019
A wireline provider in the telecom space. He does not think they are well positioned for the 5G revolution. A good company that is buying back stock, but he would not be a buyer.
Cameron Hurst
Price
$36.150
Owned
No
TOP PICK
TOP PICK
April 22, 2019
They're in optimal networking with Google, Facebook and Amazon among their customers. They're getting a boost, because they are a supplier of choice--Huawei is getting shut out of certain markets (Analysts’ price target is $44.22)
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Ciena (CIEN-N)
April 22, 2019
They're in optimal networking with Google, Facebook and Amazon among their customers. They're getting a boost, because they are a supplier of choice--Huawei is getting shut out of certain markets (Analysts’ price target is $44.22)
Gordon Reid
Price
$38.730
Owned
Yes
COMMENT
COMMENT
May 8, 2015

At the present time, this is trading up at quite an astonishing price to book level. In his FMV view, it is about 25% overvalued. There hasn’t been a lot of growth in the BV for some period of time. However, earnings have been notching up nicely. This is what he would call speculatively priced.

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Ciena (CIEN-N)
May 8, 2015

At the present time, this is trading up at quite an astonishing price to book level. In his FMV view, it is about 25% overvalued. There hasn’t been a lot of growth in the BV for some period of time. However, earnings have been notching up nicely. This is what he would call speculatively priced.

Ross Healy
Price
$22.060
Owned
Unknown
SELL
SELL
January 9, 2007
Would sell and buy Cisco (CSCO-Q) instead.
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Ciena (CIEN-N)
January 9, 2007
Would sell and buy Cisco (CSCO-Q) instead.
Charles Lannon
Price
$29.270
Owned
No
DON'T BUY
DON'T BUY
March 19, 2004
Has a lot of cash but the stock has dropped in the wink of an eye. Losing money.
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Ciena (CIEN-N)
March 19, 2004
Has a lot of cash but the stock has dropped in the wink of an eye. Losing money.
Paul O'Neil
Price
$5.060
Owned
No
SELL
SELL
October 27, 2003
Has benefited from an upsurge in interest in telecom equipment stocks. The stock is extremely expensive. Would have to grow their revenues 15% over the next eight to 10 years to justify the current valuations.
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Ciena (CIEN-N)
October 27, 2003
Has benefited from an upsurge in interest in telecom equipment stocks. The stock is extremely expensive. Would have to grow their revenues 15% over the next eight to 10 years to justify the current valuations.
Stephane Rochon
Price
$6.040
Owned
Unknown
HOLD
HOLD
October 22, 2003
Thinks the spending is going to come back. Expect this company and Nortel will be in a digestive period for about a year. Bullish long-term.
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Ciena (CIEN-N)
October 22, 2003
Thinks the spending is going to come back. Expect this company and Nortel will be in a digestive period for about a year. Bullish long-term.
Paul O'Neil
Price
$6.270
Owned
Unknown
DON'T BUY
DON'T BUY
February 25, 2002
No earnings and no value.
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Ciena (CIEN-N)
February 25, 2002
No earnings and no value.
Brian Acker, CA
Price
$7.930
Owned
Unknown
DON'T BUY
DON'T BUY
February 22, 2002
Warning on future revenues. Not sure of managements credibility.
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Ciena (CIEN-N)
February 22, 2002
Warning on future revenues. Not sure of managements credibility.
Brad Willock
Price
$7.570
Owned
Unknown
DON'T BUY
DON'T BUY
January 8, 2002
There is an oversupply of fibre, so will be a while.
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Ciena (CIEN-N)
January 8, 2002
There is an oversupply of fibre, so will be a while.
Jeff Morrison
Price
$15.700
Owned
Unknown
DON'T BUY
DON'T BUY
October 12, 2001
Near its high now.
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Ciena (CIEN-N)
October 12, 2001
Near its high now.
Brian Acker, CA
Price
$17.130
Owned
Unknown
DON'T BUY
DON'T BUY
August 31, 2001
Needs some solid numbers before moving up.
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Ciena (CIEN-N)
August 31, 2001
Needs some solid numbers before moving up.
David Baskin
Price
$17.120
Owned
Unknown
Showing 1 to 15 of 23 entries

Ciena(CIEN-N) Rating

Ranking : 3 out of 5

Bullish - Buy Signals / Votes : 1

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 1

Total Signals / Votes : 2

Stockchase rating for Ciena is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Ciena(CIEN-N) Frequently Asked Questions

What is Ciena stock symbol?

Ciena is a American stock, trading under the symbol CIEN-N on the New York Stock Exchange (CIEN). It is usually referred to as NYSE:CIEN or CIEN-N

Is Ciena a buy or a sell?

In the last year, 2 stock analysts published opinions about CIEN-N. 1 analyst recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is TOP PICK. Read the latest stock experts' ratings for Ciena.

Is Ciena a good investment or a top pick?

Ciena was recommended as a Top Pick by Stockchase Research on 2021-05-04. Read the latest stock experts ratings for Ciena.

Why is Ciena stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Ciena worth watching?

2 stock analysts on Stockchase covered Ciena In the last year. It is a trending stock that is worth watching.

What is Ciena stock price?

On 2021-05-14, Ciena (CIEN-N) stock closed at a price of $51.74.