Published on 22 May 2024 on Simply Wall St. via Yahoo Finance
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 EquityCiena's US$48.87 share price signals that it might be 39% undervalued The US$58.60 analyst price target for CIEN is 26% less than our estimate of fair value
In this article we are going to estimate the intrinsic value of Ciena Corporation (NYSE:CIEN) by projecting its future cash flows and then discounting them to today's value. One way to achieve this is by employing the Discounted Cash Flow (DCF) model. It may sound complicated, but actually it is quite simple!