Ciena Corporation
General ticker "CIEN" information:
- Sector: Information Technology
- Industry: Communications Equipment
- Capitalization: $13.4B (TTM average)
Ciena Corporation follows the US Stock Market performance with the rate: 69.6%.
Estimated limits based on current volatility of 3.4%: low 192.18$, high 205.84$
Factors to consider:
- Earnings expected soon, date: 2025-12-11 bmo
- Total employees count: 69170 as of 2024
- US accounted for 69.7% of revenue in the fiscal year ended 2024-11-02
- Top business risk factors: Supply chain disruptions, Operational and conduct risks, Acquisition/divestiture risks, Third-party risks, Economic downturns and volatility
- Current price 161.9% above estimated high
- Earnings for 9 months up through Q3 exceed 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 2024-10-31 to 2026-10-31
- 2024-10-31 to 2025-10-31 estimated range: [49.50$, 72.94$]
- 2025-10-31 to 2026-10-31 estimated range: [50.34$, 74.73$]
Financial Metrics affecting the CIEN estimates:
- Negative: with PPE of 35.8 at the end of fiscal year the price was very high
- Positive: -3.60 < Operating profit margin, % of 4.15
- Positive: Inventory ratio change, % of -2.78 <= -0.75
- Positive: -4.48 < Investing cash flow per share per price, % of -3.25
- Positive: -2.95 < Return on assets ratio (scaled to [-100,100]) of 1.47
- Negative: Industry earnings per price (median), % of -0.09 <= 0
- Negative: Industry operating cash flow per share per price (median), % of 1.61 <= 5.52
- Positive: 41.86 < Shareholder equity ratio, % of 49.92 <= 63.39
Short-term CIEN quotes
Long-term CIEN plot with estimates
Financial data
| YTD | 2022-10-31 | 2023-10-31 | 2024-10-31 |
|---|---|---|---|
| Operating Revenue | $3,632.66MM | $4,386.55MM | $4,014.95MM |
| Operating Expenses | $3,375.43MM | $4,001.70MM | $3,848.34MM |
| Operating Income | $257.23MM | $384.85MM | $166.62MM |
| Non-Operating Income | $-74.72MM | $-61.20MM | $-46.77MM |
| Interest Expense | $47.05MM | $88.03MM | $98.61MM |
| R&D Expense | $528.73MM | $658.00MM | $767.50MM |
| Income(Loss) | $182.50MM | $323.65MM | $119.85MM |
| Taxes | $29.60MM | $68.83MM | $35.89MM |
| Profit(Loss)* | $152.90MM | $254.83MM | $83.96MM |
| Stockholders Equity | $2,712.86MM | $2,848.36MM | $2,816.14MM |
| Inventory | $946.73MM | $1,050.84MM | $820.43MM |
| Assets | $5,069.63MM | $5,601.49MM | $5,641.34MM |
| Operating Cash Flow | $-167.76MM | $168.33MM | $514.53MM |
| Capital expenditure | $90.82MM | $106.20MM | $136.64MM |
| Investing Cash Flow | $-101.25MM | $-383.45MM | $-306.48MM |
| Financing Cash Flow | $-133.06MM | $229.38MM | $-285.06MM |
| Earnings Per Share** | $1.01 | $1.71 | $0.58 |
* Profit(Loss) attributable to entity.
** EPS are Split Adjusted, recent splits may be reflected with a delay.