MARKET

CIEN

CIEN

Ciena Corp
NYSE
43.77
-1.03
-2.30%
Closed 16:47 04/18 EDT
OPEN
44.26
PREV CLOSE
44.80
HIGH
44.62
LOW
43.40
VOLUME
1.50M
TURNOVER
0
52 WEEK HIGH
63.24
52 WEEK LOW
39.94
MARKET CAP
6.33B
P/E (TTM)
28.45
1D
5D
1M
3M
1Y
5Y
Ericsson Stock Edges Higher on Signs Telco Demand Will Stabilize Later This Year
Ericsson shares are trading higher after the company posted mixed quarterly results. Telecom equipment companies have been hurt in recent quarters by excess inventories at wireless carriers. The company sees signs of stabilization ahead. Ericsson posted sales down 15% in the March quarter, but gross margin excluding restructuring charges improved.
Barron‘s · 2d ago
Weekly Report: what happened at CIEN last week (0408-0412)?
Weekly Report · 4d ago
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 · 6d 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 · 6d 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 · 6d 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 · 04/12 12:05
Ciena Initiated at Sell by Citigroup
Dow Jones · 04/12 11:55
Ciena Price Target Announced at $44.00/Share by Citigroup
Dow Jones · 04/12 11:55
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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.

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