Ciena Corporation CIEN
Analyst Ratings
- Consensus
- Buy — 13 Buy · 4 Hold · 0 Sell (17 analysts)
- Avg. Price Target
- $494.59 (+60.0% upside)
Key Stats
- Today's Range
- $304.89 – $321.67
- 50-Day Range
- $304.89 – $454.73
- 52-Week Range
- $143.00 – $637.51
- Volume
- 319K shs
- Average Volume
- 2.78 million shs
- Market Cap
- $45.48 billion
- P/E Ratio
- —
- Dividend Yield
- —
Short Interest
- Short Interest
- 12.07%
- Days to Cover
- 7.13
About Ciena Corporation
Ciena is a leader in high-speed optical connectivity, providing systems, components, and automation software for telecom providers and enterprises, such as data centers, to enable long-distance connectivity. The company operates through four primary business segments: networking platforms, platform software and services, Blue Planet automation software, and global services. While telecom carriers remain important customers, cloud providers and hyperscalers now drive a significant portion of the business. To meet the demands of AI data centers, customers are adopting Ciena's WaveLogic 6 platform, the first to support 1.6 terabits-per-second capacity.
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