News
CIEN
45.60
-3.18%
-1.50
BUZZ-U.S. STOCKS ON THE MOVE-Virco, Argan, State Street
Wall Street's main stock indexes fell on Friday. The Dow Jones Industrial Average was down 1.48% and the S&P 500 and Nasdaq Composite were also down. Some big banks dipped after reporting dour quarterly results. The top three growth stocks and chipmakers receded. Virco, Argan and State Street were up.
Reuters · 16h ago
BUZZ-U.S. STOCKS ON THE MOVE-Exxon, Oil stocks, Nextplat
The blue-chip Dow and the S&P 500 were on track for weekly losses on Friday. Most megacap growth stocks and chipmakers retreated, while some big banks fell after reporting dour quarterly earnings. The Dow Jones Industrial Average was down 0.84% at 38,136.43 and the Nasdaq Composite was down 1.08%.
Reuters · 18h ago
BUZZ-Ciena slips as Citi starts coverage with "sell"
Shares of Ciena CIEN.N down 2.6% at $45.89 before the bell after Citi initiates coverage with "sell" rating. Citi says benefits from AI traffic are still years away. Analysts set PT at $44, about 7% below stock's last close.
Reuters · 21h ago
Ciena Has an AI Opportunity but It May Take Time. Citi Says to Sell.
Ciena's stock slipped 1.4% in premarket trading. Analysts at Citi initiated coverage of the networking systems company at Sell. The benefits of artificial intelligence will take 18-24 months to flow through to the company, the analysts say. The company slashed its full-year guidance in March.
Barron‘s · 22h ago
Ciena Initiated at Sell by Citigroup
Dow Jones · 22h ago
Ciena Price Target Announced at $44.00/Share by Citigroup
Dow Jones · 22h ago
Citigroup Initiates Coverage On Ciena with Sell Rating, Announces Price Target of $44
Benzinga · 22h ago
Ciena slips as Citi starts with Sell rating, AI opportunity seen 'years out'
Tech Ciena slips as Citi starts with Sell rating, AI opportunity seen 'years out' Citi says any opportunity from artificial intelligence is likely a couple of years away. The company's shares fell 1.3% in premarket trading on Friday.
Seeking Alpha · 23h ago
CIENA CORP <CIEN.N>: CITIGROUP INITIATES COVERAGE WITH SELL RATING AND $44 PRICE TARGET
Reuters · 1d ago
7 Analysts Assess Ciena: What You Need To Know
7 analysts share their evaluations of Ciena (NYSE:CIEN) in the last three months. The company has an average 12-month price target of $63.57. The average price target is an increase of 9.13% from the previous average of $58.25. Analysts are bullish on the company's future. Cien a Corp is a network and technology company.
Benzinga · 1d ago
Ciena Initiated at Outperform by Exane BNP Paribas
Dow Jones · 1d ago
Ciena Price Target Announced at $57.00/Share by Exane BNP Paribas
Dow Jones · 1d ago
Exane BNP Paribas Initiates Coverage On Ciena with Outperform Rating, Announces Price Target of $57
Benzinga · 1d ago
Weekly Report: what happened at CIEN last week (0401-0405)?
Weekly Report · 5d ago
Investors Still Waiting For A Pull Back In Ciena Corporation (NYSE:CIEN)
Ciena Corporation (NYSE:CIEN) has a 30.2x P/E ratio. The company grew earnings by 26% last year and is expected to grow earnings by 24% over the next three years. Its earnings growth has been slower than the market's in recent years. Ciena's superior earnings outlook is contributing to its high price-to-earnings ratio.
Simply Wall St · 5d ago
Ciena's Large Legacy Business Weighing On Near-Term Growth And Sentiment
A sharp cyclical slowdown in service provider spending has driven weak guidance from Ciena. Service provider spending is likely to remain soft through 2024. The company has built a strong business among major cloud providers and is poised to grow well in the future. But the company's exposure to the cyclicality of optical equipment spending is a risk.
Seeking Alpha · 04/05 16:58
Analysts Conflicted on These Technology Names: Autodesk (ADSK), Ciena (CIEN) and Sage Group plc (GB:SGE)
TipRanks · 04/03 09:13
Weekly Report: what happened at CIEN last week (0325-0329)?
Weekly Report · 04/01 09:06
Ciena (CIEN), Toshiba Team Up for Quantum Safe Technology
NASDAQ · 03/27 13:28
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About CIEN
Ciena Corporation is a network platform, software, and services company. The Company’s solutions enable a range of network operators to deploy and manage networks that deliver services to businesses and consumers. Its segments include Networking Platforms, Platform Software and Services, Blue Planet Automation Software and Services, and Global Services. Its Networking Platforms segment consists of its Optical Networking and Routing and Switching portfolios. Its Platform Software and Services segment provides domain control management, analytics, data and planning tools and applications to manage networks. Its Blue Planet Automation Software and Services segment includes multi-domain service orchestration (MDSO), inventory management (BPI), route optimization and analysis (ROA), multi-cloud orchestration (MCO), and unified assurance and analytics (UAA). Global Services segment offers a suite of value-added services that help its customers to build, operate and improve their networks.