![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined"){kind=small}
the only commenter on this stock for a time. this thing has received many analysts blessing like moths to a light.
imma sink a bit in there!
Tesla
TSLA
MicroStrategy
MSTR
MARA Holdings
MARA
Apple
AAPL
Microsoft
MSFT
US Stock MarketDetailed Quotes
CIEN Ciena
- 89.720
- +5.200+6.15%
Close Dec 13 16:00 ET
- 90.350
- +0.630+0.70%
Post 20:01 ET
12.80BMarket Cap154.69P/E (TTM)
91.250High86.900Low6.67MVolume87.160Open84.520Pre Close597.24MTurnover4.72%Turnover Ratio154.69P/E (Static)142.66MShares91.25052wk High4.54P/B12.68BFloat Cap42.20052wk Low--Dividend TTM141.35MShs Float1056.998Historical High--Div YieldTTM5.15%Amplitude4.980Historical Low89.560Avg Price1Lot Size
Ciena Stock Forum
Sign in to post a comment
The market fell on Thursday after tech stocks hit all-time highs Wednesday, and inflation in the prices companies pay rose more than expected.
Overall, the market was falling after the Nasdaq hit a record over 20k Wednesday. Past 4:09 pm ET the $S&P 500 Index (.SPX.US)$ traded -0.54%, the $Dow Jones Industrial Average (.DJI.US)$ fell 0.53%, and the $Nasdaq Composite Index (.IXIC.US)$ fell 0.66%.
MACRO
Thursday's macro in numbers showe...
Overall, the market was falling after the Nasdaq hit a record over 20k Wednesday. Past 4:09 pm ET the $S&P 500 Index (.SPX.US)$ traded -0.54%, the $Dow Jones Industrial Average (.DJI.US)$ fell 0.53%, and the $Nasdaq Composite Index (.IXIC.US)$ fell 0.66%.
MACRO
Thursday's macro in numbers showe...
20
1
5
Columns Market Falls Thursday, Producer Inflation Grows, and Tech Pulls Back From Records | LiveStock
Happy Thursday, December 12th. The market fell on Thursday after tech stocks hit all-time highs Wednesday, and inflation in the prices companies pay rose more than expected. Here are the stories you might have missed affecting stocks today:
$Warner Bros Discovery (WBD.US)$ climbed 13%, the highest on the S&P 500 by percentage gain after the firm said Thursday it decided to cut its cable TV business from i...
$Warner Bros Discovery (WBD.US)$ climbed 13%, the highest on the S&P 500 by percentage gain after the firm said Thursday it decided to cut its cable TV business from i...
22
4
3
$Ciena (CIEN.US)$ In June 2024, Nokia Corporation announced its agreement to acquire Infinera for approximately $2.3 billion. This strategic move aims to bolster Nokia’s optical networking capabilities. 
When considering potential acquisition targets for larger companies like $AT&T (T.US)$ or $Verizon (VZ.US)$ , several factors come into play, including strategic alignment, market position, and financial health. Among the U.S. optical network equi...
When considering potential acquisition targets for larger companies like $AT&T (T.US)$ or $Verizon (VZ.US)$ , several factors come into play, including strategic alignment, market position, and financial health. Among the U.S. optical network equi...
3
The market fell Wendesday morning, but moved toward a flat sideways crawl by the afternoon.
The $S&P 500 Index (.SPX.US)$ climbed 2 bps, the $Dow Jones Industrial Average (.DJI.US)$ climbed 11 bps, and the $Nasdaq Composite Index (.IXIC.US)$ climbed 6 bps.
MACRO
US September ADP Nonfarm Employment came in at 143,000 vs 124,000 forecasts, higher than last month's 99,000.
Meanwhile, crude oil inventories came in much higher than estimated: firm...
The $S&P 500 Index (.SPX.US)$ climbed 2 bps, the $Dow Jones Industrial Average (.DJI.US)$ climbed 11 bps, and the $Nasdaq Composite Index (.IXIC.US)$ climbed 6 bps.
MACRO
US September ADP Nonfarm Employment came in at 143,000 vs 124,000 forecasts, higher than last month's 99,000.
Meanwhile, crude oil inventories came in much higher than estimated: firm...
38
11
7
Morning Movers
Gapping up
$Citigroup (C.US)$ shares increased by more than 2% after the bank reported revenue of $21.1 billion, surpassing analysts' expectations.
$Blackrock (BLK.US)$ 's stock grew by 2% following a quarterly report that exceeded expectations, with earnings per share of $9.81 on revenue of $4.73 billion.
$Globe Life (GL.US)$ shares surged approximately 9% in extended trading on Friday, recovering from a more than 50%...
Gapping up
$Citigroup (C.US)$ shares increased by more than 2% after the bank reported revenue of $21.1 billion, surpassing analysts' expectations.
$Blackrock (BLK.US)$ 's stock grew by 2% following a quarterly report that exceeded expectations, with earnings per share of $9.81 on revenue of $4.73 billion.
$Globe Life (GL.US)$ shares surged approximately 9% in extended trading on Friday, recovering from a more than 50%...
27
1
6
Despite lukewarm market response, Ciena's earnings potential may be stronger than perceived due to robust free cash flow and higher earnings per share. A comprehensive understanding of the company's performance requires more factors to be considered.
2
Despite Ciena's reinvestment of its capital, the returns it's generating haven't increased. Given the underlying trends, it's unlikely to be a multi-bagger going forward.
Daryanani predicts Ciena's earnings per share could reach $3.50 or more in fiscal 2024, surpassing the $2.90 consensus estimate. He views Ciena as a 'very attractive asset', the best-in-class optical vendor, and expects the stock to rise due to a 'series of beat and raises coupled with multiple expansion'.
The market's prediction of continued strong earnings growth is reflected in Ciena's high P/E ratio. Shareholders' reluctance to sell the stock indicates an anticipation for a prospering future, making a significant share price drop unlikely.
Ciena's revenue spike may signify aptly handling pandemic-induced demand. The CEO's aim to corner cloud customers aligns with market trends. However, the low telecom demand reflects an industry-wide tendency.
No comment yet
Trending US Stocks
Fed Rate Cut Beneficiaries Fed Rate Cut Beneficiaries
Stocks that are expected to benefit from a Federal Reserve rate cut. Information is provided by Futu and is a non-exhaustive list of all thematic stocks for reference purposes only.
This section presents the top 5 stocks in Fed Rate Cut Beneficiaries, ranked from highest to lowest based on real-time market data. Stocks that are expected to benefit from a Federal Reserve rate cut. Information is provided by Futu and is a non-exhaustive list of all thematic stocks for reference purposes only.
This section presents the top 5 stocks in Fed Rate Cut Beneficiaries, ranked from highest to lowest based on real-time market data.
103677010 : noted