Ratings Ciena Corporation

Equities

CIEN

US1717793095

Market Closed - Nyse Other stock markets 04:00:02 2024-05-03 pm EDT			5-day change	1st Jan Change
47.77 ^USD	+0.55%		+2.49%	+6.13%

Apr. 11	BNP Paribas Exane Starts Ciena With Outperform Rating, $57 Price Target	MT
Mar. 11	SEA-ME-WE 4 Enables Global Digitalization with Enhanced Connectivity Powered by Ciena Corporation	CI

Strengths

Analysts have a positive opinion on this stock. Average consensus recommends overweighting or purchasing the stock.
The average target price set by analysts covering the stock is above current prices and offers a tremendous appreciation potential.
Historically, the company has been releasing figures that are above expectations.

Weaknesses

As estimated by analysts, this group is among those businesses with the lowest growth prospects.
With an expected P/E ratio at 39.28 and 22.54 respectively for both the current and next fiscal years, the company operates with high earnings multiples.
For the last twelve months, the trend in sales revisions has been clearly going down, which emphasizes downgraded expectations from the analysts.
The company's sales previsions for the coming years have been revised downwards, which foreshadows another slowdown in business.
For the past year, analysts have significantly revised downwards their profit estimates.
For the last four months, earnings estimated by analysts have been revised downwards with respect to the next two years.
The overall consensus opinion of analysts has deteriorated sharply over the past four months.

Ratings chart - Surperformance

Chart ESG Refinitiv

Sector: Communications & Networking

	1st Jan change	Capi.	ESG Refinitiv
CIENA CORPORATION	+6.13%	6.91B	B
CISCO SYSTEMS, INC.	-6.73%	191B	A-
ARISTA NETWORKS, INC.	+16.51%	85.99B	B
FOXCONN INDUSTRIAL INTERNET CO., LTD.	+62.04%	67.25B	B
MOTOROLA SOLUTIONS, INC.	+12.95%	58.99B	A-
NOKIA OYJ	+12.39%	20.35B	D-
ZHONGJI INNOLIGHT CO., LTD.	+65.01%	20.24B	C+
ZTE CORPORATION	+8.27%	17.62B	A-
ERICSSON	-9.90%	17.53B	B-
JUNIPER NETWORKS, INC.	+18.18%	11.32B	A-

Investor Rating

Trading Rating

ESG Refinitiv

Financials

Sales growth

Earnings Growth

EBITDA / Sales

Profitability

Finances

Valuation

P/E ratio

EV / Sales

Price to Book

Price to Free Cash Flow

Yield

Momentum

1 year Revenue revision

4 months Revenue revision

7 days Revenue revision

1 year EPS revision

4 months EPS revision

Consensus

Analyst Opinion

Potential Price Target

4m Target Price Revision

4m Revision of opinion

12m Revision of opinion

Business Predictability

Analyst Coverage

Divergence of Estimates

Divergence of analysts' opinions

Divergence of Target Price

Earnings quality

Environment

Emissions

Innovation

Use of resources

Governance

CSR Strategy

Management

Shareholders

Controversy

Technical analysis

ST Timing

MT Timing

LT Timing

RSI

Bollinger Spread

Unusual volumes