The 7th Trillion Dollar Company?

There are six American companies worth over $1 trillion. Could there be a seventh soon? This company signed a massive deal with Apple until 2040 and is also involved with Nvidia, Google, and Samsung. Could this be the next trillion-dollar company? A top stock expertpicker thinks so.

CIEN
Ciena Corporation
NYSE
47.24
Open 47.6 Prev Close 47.25
High 48.03 Low 47.13
Volume 1,203,489 Volume (Avg) 1,629,362
52 Week High 61.52 52 Week Low 32.77
Market Cap 8.6B PE Ratio 44.66

About Ciena Corporation

Ciena Corporation provides network hardware, software, and services that support the transport, routing, switching, aggregation, service delivery, and management of video, data, and voice traffic on communications networks worldwide. The company's Networking Platforms segment offers hardware networking products and solutions that optimized for the convergence of coherent optical transport, optical transport network switching, and packet switching. Its products include 6500 Packet-Optical Platform, 5430 Reconfigurable Switching System, Waveserver stackable interconnect system, and the 6500 Reconfigurable line system, and the 5400 family of Packet-Optical platforms, as well as Z-Series Packet-Optical Platform; 3000 family of service delivery switches and service aggregation switches, and the 5000 family of service aggregation switches, as well as 8700 Packetwave Platform and the Ethernet packet configuration for the 5410 Service Aggregation Switch; and 6500 Packet Transport System. This segment also sells operating system software and enhanced software features embedded in each of its products. The company's Blue Planet Automation Software and Services segment provides multi-domain service orchestration, inventory, route optimization and analysis, network function virtualization orchestration, analytics, and related services. Its Platform Software and Service segment offers OneControl unified management system and platform software services, as well as manage, control, and plan software. The company's Global Services segment provides consulting and network design, installation and deployment, maintenance support, and training services. The company sells its products through direct and indirect sales channels to network operators. Ciena Corporation was founded in 1992 and is headquartered in Hanover, Maryland.

General

NameCiena Corporation
TickerCIEN
ExchangeNYSE
SectorTechnology
IndustryCommunication Equipment
CurrencyUSD
CountryUSA
Fiscal Year EndOctober
Full Time Employees7,042

Highlights

Analyst Target58.41
Market Cap8,563,916,288
PE Ratio44.66
PEG Ratio0.77
EBITDA641,256,000

Share Stats

Shares Outstanding155,003,008
Shares Float153,495,130
Shares Short3,071,599
Insider Holdings87%
Institution Holdings90.68%

Highlights

Analyst Target58.41
Market Cap8,563,916,288
PE Ratio44.66
PEG Ratio0.77
EBITDA641,256,000

Valuation

Trailing PE24.35
Forward PE18.83
Price/Sales (Trailing 12 Mt.)2.41
Price/Book (Most Recent Quarter)3.19

Earnings

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