Ciena Corporation share price today

(CIEN)

Ciena Corporation share price is $72.23 & ₹6,120.05 as on 6 Dec 2024, 2.30 'hrs' IST

$72.23

▲

-0.92

(-1.26%)

Market is closed - opens 8 PM, 06 Dec 2024

View live Ciena Corporation share price in Dollar and Rupees. Guide to invest in Ciena Corporation from India. Also see the sentimental analysis on Indian investors investing in Ciena Corporation. Get details on the Indian mutual funds that are investing in Ciena Corporation. Get Analyst recommendations and forecasts along with all the Ciena Corporation's financials.

Ciena Corporation share price movements

$72.16
$73.41
$72.23
0.1%
Downside
Day's Volatility :1.7%
Upside
1.61%
$42.20
$73.47
$72.23
41.58%
Downside
52 Weeks Volatility :42.56%
Upside
1.69%

Ciena Corporation Returns

Period	Ciena Corporation	Sector (Technology)	Index (Russel 2000)
3 Months	35.89%	12.7%	0.0%
6 Months	51.96%	9.3%	0.0%
1 Year	50.12%	27.9%	0.0%
3 Years	10.4%	42.9%	-18.1%

Ciena Corporation Key Statistics

in dollars & INR

Previous Close	$73.15
Open	$72.57
Today's High	$73.4099
Today's Low	$72.16
Market Capitalization	$10.1B
Today's Volume	$1.2M
52 Week High	$73.47
52 Week Low	$42.2
Revenue TTM	$4.0B
EBITDA	$364.3M
Earnings Per Share (EPS)	$0.94
PE Ratio	74.17
Profit Margin	3.44%
Quarterly Earnings Growth YOY	-0.5%
Return On Equity TTM	4.73%

How to invest in Ciena Corporation from India?

It is very easy for Indian residents to invest directly in Ciena Corporation from India. Indian investors can open a free US stocks account on the INDmoney app. You can find live prices of the Ciena Corporation stock in both rupees (INR) and dollars (USD). Search for Ciena Corporation or CIEN on INDmoney app and click on Buy or SIP. You can invest by choosing quantities of shares of Ciena Corporation or Rupee/ Dollar value or set up a fixed SIP amount to be invested every month or week.

For example: You can easily buy Rs.100 worth of Ciena Corporation shares which would translate to 0.012 fractional shares of Ciena Corporation as of today. Learn more about fractional investing here.

Indians via INDmoney can now also, easily transfer and add their money to the US stocks account via INDmoney App. Click here for step by step process for the same

Indian investors sentiment towards Ciena Corporation

34%

Period: Sep 6, 2024 to Dec 5, 2024. Change in 30 Days versus previous period

Search volume for Ciena Corporation on INDmoney from India has grown in the last 30 days as on Dec 6, 2024. 34% more investors are searching Ciena Corporation in the last 30 days versus the previous period.

Global Institutional Holdings in Ciena Corporation

FMR Inc
15.00%
BlackRock Inc
10.81%
Vanguard Group Inc
10.51%
Barrow Hanley Mewhinney & Strauss LLC
3.61%
State Street Corp
3.07%
BNP Paribas Investment Partners SA
2.98%

Analyst Recommendation on Ciena Corporation

Buy

73%Buy

21%Hold

4%Sell

Based on 23 Wall street analysts offering stock ratings for Ciena Corporation(by analysts ranked 0 to 5 stars)

Based on 23 analyst

Current
1M Ago
3M Ago

Buy

Hold

Sell

Analyst Forecast on Ciena Corporation

What analysts predicted

Downside of 8.99%

Current:

$72.23

Target:

$65.73

Insights on Ciena Corporation

Increasing Revenue
Revenue is up for the last 2 quarters, 910.82M → 942.30M (in $), with an average increase of 3.3% per quarter
Increasing Net Profit
Netprofit is up for the last 2 quarters, -16.84M → 14.23M (in $), with an average increase of 218.4% per quarter
Vs UI
In the last 1 year, Ubiquiti Inc. has given 217.6% return, outperforming this stock by 165.6%
Vs MSI
In the last 3 years, Motorola Solutions, Inc. has given 16.8% return, outperforming this stock by 3.0%

Ciena Corporation Financials in INR & Dollars

	FY18	Y/Y Change
Revenue	$3.1B	↑ 10.44%
Net Income	$-344.7M	↓ 127.31%
Net Profit Margin	-11.14%	↓ 56.18%

	FY19	Y/Y Change
Revenue	$3.6B	↑ 15.44%
Net Income	$253.4M	↓ 173.53%
Net Profit Margin	7.09%	↑ 18.23%

	FY20	Y/Y Change
Revenue	$3.5B	↓ 1.12%
Net Income	$361.3M	↑ 42.56%
Net Profit Margin	10.23%	↑ 3.14%

	FY21	Y/Y Change
Revenue	$3.6B	↑ 2.51%
Net Income	$500.2M	↑ 38.45%
Net Profit Margin	13.81%	↑ 3.58%

	FY22	Y/Y Change
Revenue	$3.6B	↑ 0.33%
Net Income	$152.9M	↓ 69.43%
Net Profit Margin	4.21%	↓ 9.6%

	FY23	Y/Y Change
Revenue	$4.4B	↑ 20.75%
Net Income	$254.8M	↑ 66.66%
Net Profit Margin	5.81%	↑ 1.6%

	Q2 FY23	Q/Q Change
Revenue	$1.1B	↑ 7.21%
Net Income	$57.7M	↓ 24.38%
Net Profit Margin	5.09%	↓ 2.13%

	Q3 FY23	Q/Q Change
Revenue	$1.1B	↓ 5.72%
Net Income	$29.7M	↓ 48.43%
Net Profit Margin	2.78%	↓ 2.31%

	Q4 FY23	Q/Q Change
Revenue	$1.1B	↑ 5.77%
Net Income	$91.2M	↑ 206.73%
Net Profit Margin	8.07%	↑ 5.29%

	Q1 FY24	Q/Q Change
Revenue	$1.0B	↓ 8.13%
Net Income	$49.5M	↓ 45.67%
Net Profit Margin	4.77%	↓ 3.3%

	Q2 FY24	Q/Q Change
Revenue	$910.8M	↓ 12.23%
Net Income	$-16.8M	↓ 134.01%
Net Profit Margin	-1.85%	↓ 6.62%

	Q3 FY24	Q/Q Change
Revenue	$942.3M	↑ 3.46%
Net Income	$14.2M	↓ 184.46%
Net Profit Margin	1.51%	↑ 3.36%

	FY18	Y/Y Change
Total Assets	$3.8B	↓ 4.94%
Total Liabilities	$1.8B	↑ 0.65%

	FY19	Y/Y Change
Total Assets	$3.9B	↑ 3.64%
Total Liabilities	$1.7B	↓ 5.83%

	FY20	Y/Y Change
Total Assets	$4.2B	↑ 7.39%
Total Liabilities	$1.7B	↓ 2.86%

	FY21	Y/Y Change
Total Assets	$4.9B	↑ 16.37%
Total Liabilities	$1.8B	↑ 10.4%

	FY22	Y/Y Change
Total Assets	$5.1B	↑ 4.2%
Total Liabilities	$2.4B	↑ 27.72%

	FY23	Y/Y Change
Total Assets	$5.6B	↑ 10.49%
Total Liabilities	$2.8B	↑ 16.82%

	Q2 FY23	Q/Q Change
Total Assets	$5.8B	↑ 1.82%
Total Liabilities	$2.9B	↑ 1.16%

	Q3 FY23	Q/Q Change
Total Assets	$5.7B	↓ 0.91%
Total Liabilities	$2.8B	↓ 3.17%

	Q4 FY23	Q/Q Change
Total Assets	$5.6B	↓ 2.13%
Total Liabilities	$2.8B	↓ 0.83%

	Q1 FY24	Q/Q Change
Total Assets	$5.6B	↓ 0.15%
Total Liabilities	$2.7B	↓ 3.03%

	Q2 FY24	Q/Q Change
Total Assets	$5.6B	↑ 0.39%
Total Liabilities	$2.7B	↑ 2.43%

	Q3 FY24	Q/Q Change
Total Assets	$5.6B	↓ 0.71%
Total Liabilities	$2.7B	↓ 1.84%

	FY18	Y/Y Change
Operating Cash Flow	$229.3M	↓ 2.39%
Investing Cash Flow	$-19.3M	↓ 68.64%
Financing Cash Flow	$-99.2M	↓ 68.1%

	FY19	Y/Y Change
Operating Cash Flow	$413.1M	↑ 80.21%
Investing Cash Flow	$24.1M	↓ 224.97%
Financing Cash Flow	$-279.0M	↑ 181.13%

	FY20	Y/Y Change
Operating Cash Flow	$493.7M	↑ 19.49%
Investing Cash Flow	$-220.2M	↓ 1014.74%
Financing Cash Flow	$-87.2M	↓ 68.73%

	FY21	Y/Y Change
Operating Cash Flow	$541.6M	↑ 9.72%
Investing Cash Flow	$-90.7M	↓ 58.81%
Financing Cash Flow	$-116.8M	↑ 33.95%

	FY22	Y/Y Change
Operating Cash Flow	$-167.8M	↓ 130.97%
Investing Cash Flow	$-101.2M	↑ 11.61%
Financing Cash Flow	$-133.1M	↑ 13.88%

	FY23	Y/Y Change
Operating Cash Flow	$168.3M	↓ 200.34%
Investing Cash Flow	$-383.5M	↑ 278.73%
Financing Cash Flow	$229.4M	↓ 272.39%

	Q2 FY23	Q/Q Change
Operating Cash Flow	$229.8M	↓ 186.51%
Investing Cash Flow	$-101.0M	↓ 42.68%
Financing Cash Flow	$-12.6M	↓ 102.56%

	Q3 FY23	Q/Q Change
Operating Cash Flow	$8.7M	↓ 96.22%
Investing Cash Flow	$-8.1M	↓ 92.02%
Financing Cash Flow	$-53.0M	↑ 320.23%

	Q4 FY23	Q/Q Change
Operating Cash Flow	$195.5M	↑ 2149.91%
Investing Cash Flow	$-98.1M	↑ 1116.44%
Financing Cash Flow	$-197.2M	↑ 271.81%

Ciena Corporation Technicals Summary

Sell

Neutral

Buy

Ciena Corporation is currently in a favorable trading position ( BUY ) according to technical analysis indicators.

Ciena Corporation Vs Peers

Company Name	1 Month	6 Month	1 Year	3 Years	5 Years
Ciena Corporation	1.49%	51.96%	50.12%	10.4%	100.87%
Zebra Technologies Corp.	7.99%	36.3%	75.81%	-32.27%	-18.47%
Cisco Systems, Inc.	5.82%	29.65%	23.15%	2.32%	35.38%
Ubiquiti Inc.	34.92%	142.73%	192.57%	22.28%	82.62%
Motorola Solutions, Inc.	7.49%	33.86%	53.61%	94.81%	207.55%
Hewlett Packard Enterprise Co.	6.25%	6.09%	31.82%	37.36%	33.73%

Company Name	P/E Ratio	P/B Ratio	PEG Ratio	EPS	ROE	ROA	Div Yield	BVPS
Ciena Corporation	74.17	74.17	0.77	1.94	0.05	0.03	NA	20.02
Zebra Technologies Corp.	55.22	55.22	0.86	13.46	0.12	0.05	NA	66.37
Cisco Systems, Inc.	25.41	25.41	2.66	3.7	0.21	0.06	0.03	11.35
Ubiquiti Inc.	53.8	53.8	0.82	5.87	0.62	0.27	0.01	3.11
Motorola Solutions, Inc.	54.67	54.67	2.57	13.68	1.83	0.13	0.01	7.95
Hewlett Packard Enterprise Co.	15.05	15.05	5.12	1.96	0.09	0.02	0.02	17.0

Company Name	Analyst View	Market Cap	5 Years Return %	PE Ratio	Profit Margin
Ciena Corporation	Buy	$10.1B	100.87%	74.17	3.44%
Zebra Technologies Corp.	Buy	$21.0B	-18.47%	55.22	8.2%
Cisco Systems, Inc.	Hold	$236.1B	35.38%	25.41	17.73%
Ubiquiti Inc.	Sell	$21.3B	82.62%	53.8	19.36%
Motorola Solutions, Inc.	Buy	$83.7B	207.55%	54.67	14.66%
Hewlett Packard Enterprise Co.	Hold	$27.6B	33.73%	15.05	6.39%

About Ciena Corporation

Ciena is an American-based telecommunication networking equipment company. Currently headquartered in Hanover, Maryland, USA, Ciena has been described as World's biggest player in Optical Connectivity by The Baltimore Sun. Key customers of Ciena include AT&T, Korea Telecom, Verizon Communications, Sprint Corporation, etc. Ciena was founded in 1992 by the electrical engineer David R. Huber under the name HydraLite. Since then, it expanded manifold, ranking 770 in 2017 and 774 in 2018 in the Fortune 1000 list. It partnered with Sify in 2018 to increase its Information and Communications Technology network capacity from 100G to 400G. Its converged packet optical products supported cloud computing, the Internet of Things, and extensive data analysis across 40 data centers of Sify in India. Talking about its Indian operations, Bharti Airtel used Ciena’s equipment in 2019 to build a photonic control plane network of 130,000 km for connecting 4000 locations in India. It also provides converged packet optical and Ethernet services to Jio, Bharti Airtel, and Vodafone Idea Limited, the three pioneers of the Indian telecom industry. In fact, as per the BusinessToday report, Vodafone Idea has partnered with Ciena for its 5G rollout operations. Products and Services Ciena is primarily engaged in the telecommunication sector, and its products and services revolve around equipment, software, and services for this industry and cloud service firms. This includes: Network Infrastructure: It includes routing optical network switches to manage high loads of data on telecommunication networks. Apart from this, it provides equipment and technology for undersea cable networks. Software and Analytics: Telecom companies use Ciena's Blue Planet software platform for programming communications networks and network automation. To prevent disruptions and network outages, machine learning algorithms analyze the network's anomalies, predict the issues, and help identify actions for the network operators. Currently Ciena Corporation has a market cap of $8.15 Billion. It has a P.E ratio of 53.07. The shares of Ciena Corporation are trading at $69.52. .

Organization	Ciena Corporation
Employees	8313
CEO	Dr. Patrick H. Nettles
Industry	Electronic Technology

Management People of Ciena Corporation

Name	Title
Dr. Patrick H. Nettles	Executive Chairman of the Board
Mr. Gary B. Smith	CEO, President & Director
Mr. James E. Moylan Jr.	Senior VP of Finance & CFO
Mr. Scott Alexander McFeely	Executive Advisor
Mr. Jason M. Phipps	Senior Vice President of Global Customer Engagement
Mr. David M. Rothenstein J.D.	Senior VP, Chief Strategy Officer & Corporate Secretary
Mr. Stephen B. Alexander	CTO & Member of Technology Advisory Council
Mr. Gregg M. Lampf	Vice President of Investor Relations
Ms. Sheela Kosaraju	Senior VP, General Counsel, Assistant Secretary & Interim Chief People Officer
Ms. Rebecca Smith	Senior VP of Global Marketing & Communications

Important FAQs about investing in Ciena Corporation from India :

What is Ciena Corporation share price today?

Ciena Corporation (CIEN) share price today is $72.23.

Can Indians buy Ciena Corporation shares?

Yes, Indians can invest in the Ciena Corporation (CIEN) from India.

With INDmoney, you can buy Ciena Corporation at 0 brokerage. The step-by-step process is as follows:

Open your zero cost US Stocks account and zero balance IND linked savings a/c (this can be done in less than 3 minutes)
Transfer funds to your US Stocks account using your IND linked savings a/c (It takes 24 hours excluding Saturday and Sunday). With INDmoney, you get the best INR USD exchange rates.
Once funds are transferred successfully, you can buy Ciena Corporation at zero transaction cost.

How can I buy Ciena Corporation shares from India?

It is very easy to buy Ciena Corporation from India. With INDmoney, you can open a US stocks account in less than 3 minutes. Transfer funds in 24 hours and buy stocks very easily - that too at 0 brokerage. All this is done at 0 account opening & management fee, 0 brokerages, and at the same time you get the best rupee-US dollar exchange rate.

Can Fractional shares of Ciena Corporation be purchased?

Yes, you can buy fractional shares of Ciena Corporation with INDmoney app.

What are the documents required to start investing in Ciena Corporation stocks?

To start investing in Ciena Corporation, You will need the following documents:

Proof of Identification (PAN, Aadhaar etc)
Proof of address (Aadhaar, Voter ID etc)

These documents are required as per RBI's guidelines to create your IND linked savings a/c so that you can execute for global fund transfer. The entire process is paperless and can be completed seamlessly.