Ciena Corp
General ticker "CIEN" information:
- Sector: Information Technology
- Industry: Communications Equipment
- Capitalization: $11.1B
Ciena Corp follows the US Stock Market performance with the rate: 59.0%.
Estimated limits based on current volatility of 3.6%: low 84.31$, high 89.67$
Factors to consider:
- US accounted for 63.8% of revenue in the fiscal year ended 2023-10-28
- Current price 61.9% above estimated high
- Earnings for 12 months up through Q4 are below our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2023-10-28 to 2025-10-27
- 2023-10-28 to 2024-10-27 estimated range: [33.39$, 54.01$]
- 2024-10-27 to 2025-10-27 estimated range: [32.89$, 53.98$]
Financial Metrics affecting the CIEN estimates:
- Positive: Non-GAAP EPS, $ of 2.72 > 2.29
- Positive: 1.03 < Operating profit margin, % of 8.17
- Positive: 2.86 < Return on assets ratio (scaled to [-100,100]) of 4.35
- Negative: 0.14 < Interest expense per share, $ of 0.59
Short-term CIEN quotes
Long-term CIEN plot with estimates
Financial data
| YTD | 2021-10-30 | 2022-10-29 | 2023-10-28 |
|---|---|---|---|
| Operating Revenue | $3,620.68MM | $3,632.66MM | $4,378.68MM |
| Operating Expenses | $3,125.33MM | $3,409.85MM | $4,021.13MM |
| Operating Income | $495.36MM | $222.81MM | $357.55MM |
| Non-Operating Income | $-32.60MM | $-40.30MM | $-33.89MM |
| Interest Expense | $32.60MM | $47.05MM | $88.03MM |
| R&D Expense | $536.67MM | $624.66MM | $750.56MM |
| Income(Loss) | $462.75MM | $182.50MM | $323.65MM |
| Taxes | $-37.45MM | $29.60MM | $68.83MM |
| Profit(Loss) | $500.20MM | $152.90MM | $254.83MM |
| Stockholders Equity | $3,020.02MM | $2,712.86MM | $2,848.36MM |
| Inventory | $374.26MM | $946.73MM | $1,050.84MM |
| Assets | $4,865.23MM | $5,069.63MM | $5,601.49MM |
| Operating Cash Flow | $541.65MM | $-167.76MM | $168.33MM |
| Capital expenditure | $79.55MM | $90.82MM | $106.20MM |
| Investing Cash Flow | $-90.72MM | $-101.25MM | $-383.45MM |
| Financing Cash Flow | $-116.83MM | $-133.06MM | $229.38MM |
| Earnings Per Share* | $3.22 | $1.01 | $1.71 |
* EPS are Split Adjusted, recent splits may be reflected with a delay.