Ciena Corporation (CIEN)
NYSE - Nasdaq Real-time price. Currency in USD
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At close: 04:00PM EDT
After hours:
| Previous close | 49.56 |
| Open | 49.75 |
| Bid | 47.52 x 800 |
| Ask | 49.72 x 900 |
| Day's range | 48.63 - 49.97 |
| 52-week range | 39.94 - 63.24 |
| Volume | |
| Avg. volume | 1,944,124 |
| Market cap | 7.068B |
| Beta (5Y monthly) | 1.00 |
| PE ratio (TTM) | 31.74 |
| EPS (TTM) | 1.54 |
| Earnings date | 06 June 2024 |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | N/A |
| 1y target est | 58.00 |
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Business WireCiena Global Study Finds 60% of CSPs Believe AI Will Improve Network Operational Efficiency By 40% or More
HANOVER, Md., May 22, 2024--A global study commissioned by Ciena (NYSE: CIEN) sheds light on communications service providers’ (CSPs) growing optimism toward Artificial Intelligence (AI). More than half of telecom and IT engineers surveyed believe the use of AI will improve network operational efficiency by 40% or more1. In addition, an overwhelming 85%2 of respondents express confidence in CSPs’ ability to monetize AI traffic across networks.
Simply Wall St.Ciena Corporation's (NYSE:CIEN) Intrinsic Value Is Potentially 63% Above Its Share Price
Key Insights Ciena's estimated fair value is US$79.47 based on 2 Stage Free Cash Flow to Equity Ciena's US$48.87 share...
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