S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
Stock market today: Asian markets sink, with Japan’s Nikkei down 3.5%, as Mideast tensions flare
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
These are the Top 4 Stocks for Buybacks in 2024
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
Stock market today: Asian markets sink, with Japan’s Nikkei down 3.5%, as Mideast tensions flare
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
These are the Top 4 Stocks for Buybacks in 2024
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
Stock market today: Asian markets sink, with Japan’s Nikkei down 3.5%, as Mideast tensions flare
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
These are the Top 4 Stocks for Buybacks in 2024
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
Stock market today: Asian markets sink, with Japan’s Nikkei down 3.5%, as Mideast tensions flare
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
These are the Top 4 Stocks for Buybacks in 2024
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China

Compare Stocks

Comparative Price Performance Over Time

Compare Stocks - Price & Volume

CompanyCurrent Price50-Day Moving Average52-Week RangeMarket CapBetaAvg. VolumeToday's Volume
Ciena Co. stock logo
CIEN
Ciena
$43.77
-2.3%
$52.06
$39.94
$63.24
$6.33B0.992.03 million shs1.50 million shs
Iridium Communications Inc. stock logo
IRDM
Iridium Communications
$26.06
+5.5%
$27.81
$24.14
$68.34
$3.19B0.851.11 million shs2.13 million shs
Lumentum Holdings Inc. stock logo
LITE
Lumentum
$42.44
+1.1%
$47.73
$35.35
$65.16
$2.86B1.091.44 million shs1.05 million shs
Wolfspeed, Inc. stock logo
WOLF
Wolfspeed
$23.72
-6.0%
$27.07
$23.54
$70.42
$2.98B1.664.62 million shs4.78 million shs
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Price Performance

Company1-Day Performance7-Day Performance30-Day Performance90-Day Performance1-Year Performance
Ciena Co. stock logo
CIEN
Ciena
-0.58%-4.17%-9.54%-12.76%-7.00%
Iridium Communications Inc. stock logo
IRDM
Iridium Communications
-0.28%-2.60%-6.65%-35.14%-57.99%
Lumentum Holdings Inc. stock logo
LITE
Lumentum
-3.07%-7.41%-10.28%-20.54%-9.70%
Wolfspeed, Inc. stock logo
WOLF
Wolfspeed
-0.71%-7.82%+0.68%-20.88%-56.24%

MarketRank™

CompanyOverall ScoreAnalyst's OpinionShort Interest ScoreDividend StrengthESG ScoreNews and Social Media SentimentCompany OwnershipEarnings & Valuation
Ciena Co. stock logo
CIEN
Ciena
4.9114 of 5 stars
4.43.00.03.91.92.53.1
Iridium Communications Inc. stock logo
IRDM
Iridium Communications
4.2503 of 5 stars
3.43.01.72.43.01.71.3
Lumentum Holdings Inc. stock logo
LITE
Lumentum
3.5549 of 5 stars
3.21.00.02.83.72.50.6
Wolfspeed, Inc. stock logo
WOLF
Wolfspeed
2.0341 of 5 stars
4.11.00.00.01.91.70.6

Analyst Ratings

CompanyConsensus Rating ScoreConsensus RatingConsensus Price Target% Upside from Current Price
Ciena Co. stock logo
CIEN
Ciena
2.82
Moderate Buy$58.7934.31% Upside
Iridium Communications Inc. stock logo
IRDM
Iridium Communications
2.83
Moderate Buy$49.8091.10% Upside
Lumentum Holdings Inc. stock logo
LITE
Lumentum
2.42
Hold$52.6924.16% Upside
Wolfspeed, Inc. stock logo
WOLF
Wolfspeed
2.29
Hold$43.6383.92% Upside

Current Analyst Ratings

Latest IRDM, LITE, WOLF, and CIEN Analyst Ratings

DateCompanyBrokerageActionRatingPrice TargetDetails
4/12/2024
Ciena Co. stock logo
CIEN
Ciena
Citigroup
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Initiated CoverageSell$44.00
4/11/2024
Ciena Co. stock logo
CIEN
Ciena
BNP Paribas
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Initiated CoverageOutperform$57.00
4/11/2024
Lumentum Holdings Inc. stock logo
LITE
Lumentum
JPMorgan Chase & Co.
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Lower Price TargetOverweight ➝ Overweight$62.00 ➝ $57.00
4/11/2024
Wolfspeed, Inc. stock logo
WOLF
Wolfspeed
JPMorgan Chase & Co.
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Lower Price TargetNeutral ➝ Neutral$43.00 ➝ $35.00
4/8/2024
Wolfspeed, Inc. stock logo
WOLF
Wolfspeed
Susquehanna
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Reiterated RatingNeutral ➝ Neutral$35.00
4/5/2024
Wolfspeed, Inc. stock logo
WOLF
Wolfspeed
Mizuho
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Initiated CoverageNeutral$30.00
4/3/2024
Wolfspeed, Inc. stock logo
WOLF
Wolfspeed
Wells Fargo & Company
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Reiterated RatingOverweight ➝ Equal Weight$55.00 ➝ $30.00
4/1/2024
Lumentum Holdings Inc. stock logo
LITE
Lumentum
Raymond James
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Boost Price TargetOutperform ➝ Outperform$51.50 ➝ $58.00
4/1/2024
Lumentum Holdings Inc. stock logo
LITE
Lumentum
Stifel Nicolaus
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Reiterated RatingBuy ➝ Buy$62.00
3/5/2024
Ciena Co. stock logo
CIEN
Ciena
JPMorgan Chase & Co.
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Boost Price TargetOverweight ➝ Overweight$56.00 ➝ $67.00
3/4/2024
Ciena Co. stock logo
CIEN
Ciena
Needham & Company LLC
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Boost Price TargetBuy ➝ Buy$60.00 ➝ $65.00
(Data available from 4/18/2021 forward. View 10+ years of historical ratings with our analyst ratings screener.)

Sales & Book Value

CompanyAnnual RevenuePrice/SalesCashflowPrice/CashBook ValuePrice/Book
Ciena Co. stock logo
CIEN
Ciena
$4.39B1.44$2.93 per share14.94$19.27 per share2.27
Iridium Communications Inc. stock logo
IRDM
Iridium Communications
$790.72M4.03$2.88 per share9.05$7.17 per share3.63
Lumentum Holdings Inc. stock logo
LITE
Lumentum
$1.77B1.62$6.74 per share6.30$19.74 per share2.15
Wolfspeed, Inc. stock logo
WOLF
Wolfspeed
$921.90M3.24N/AN/A$13.03 per share1.82

Profitability & Earnings

CompanyNet IncomeEPSTrailing P/E RatioForward P/E RatioP/E GrowthNet MarginsReturn on Equity (ROE)Return on Assets (ROA)Next Earnings Date
Ciena Co. stock logo
CIEN
Ciena
$254.83M$1.5428.4219.112.065.22%9.92%5.08%6/4/2024 (Estimated)
Iridium Communications Inc. stock logo
IRDM
Iridium Communications
$15.41M$0.13200.4635.22N/A1.95%1.58%0.56%4/18/2024 (Confirmed)
Lumentum Holdings Inc. stock logo
LITE
Lumentum
-$131.60M-$3.94N/A49.35N/A-18.52%1.04%0.31%5/14/2024 (Estimated)
Wolfspeed, Inc. stock logo
WOLF
Wolfspeed
-$329.90M-$6.08N/AN/AN/A-87.35%-19.35%-4.16%5/1/2024 (Confirmed)

Latest IRDM, LITE, WOLF, and CIEN Earnings

DateQuarterCompanyConsensus EstimateReported EPSBeat/MissGap EPSRevenue EstimateActual RevenueDetails
5/1/2024N/A
Wolfspeed, Inc. stock logo
WOLF
Wolfspeed
-$0.6420N/A+$0.6420N/AN/AN/A  
4/18/2024Q1 24
Iridium Communications Inc. stock logo
IRDM
Iridium Communications
$0.15$0.16+$0.01N/A$193.84 million$203.80 million      
3/7/202401/31/2024
Ciena Co. stock logo
CIEN
Ciena
$0.48$0.66+$0.18$0.52$1.02 billion$1.04 billion      
2/15/202412/31/2023
Iridium Communications Inc. stock logo
IRDM
Iridium Communications
$0.03$0.30+$0.27$0.30$192.13 million$194.74 million      
2/8/2024Q2 2024
Lumentum Holdings Inc. stock logo
LITE
Lumentum
-$0.10-$0.17-$0.07$1.13$363.44 million$366.80 million
1/31/2024Q2 2024
Wolfspeed, Inc. stock logo
WOLF
Wolfspeed
-$0.79-$0.69+$0.10-$0.23$205.94 million$208.40 million

Dividends

CompanyAnnual PayoutDividend Yield3-Year Dividend GrowthPayout RatioYears of Consecutive Growth
Ciena Co. stock logo
CIEN
Ciena
N/AN/AN/AN/AN/A
Iridium Communications Inc. stock logo
IRDM
Iridium Communications
$0.522.00%N/A400.00%N/A
Lumentum Holdings Inc. stock logo
LITE
Lumentum
N/AN/AN/AN/AN/A
Wolfspeed, Inc. stock logo
WOLF
Wolfspeed
N/AN/AN/AN/AN/A

Latest IRDM, LITE, WOLF, and CIEN Dividends

AnnouncementCompanyPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
2/2/2024
Iridium Communications Inc. stock logo
IRDM
Iridium Communications
quarterly$0.131.7%3/14/20243/15/20243/29/2024
(Data available from 1/1/2013 forward)

Debt

CompanyDebt-to-Equity RatioCurrent RatioQuick Ratio
Ciena Co. stock logo
CIEN
Ciena
0.53
4.29
3.12
Iridium Communications Inc. stock logo
IRDM
Iridium Communications
1.65
2.06
1.37
Lumentum Holdings Inc. stock logo
LITE
Lumentum
1.96
3.13
2.42
Wolfspeed, Inc. stock logo
WOLF
Wolfspeed
4.50
5.13
4.58

Ownership

Institutional Ownership

CompanyInstitutional Ownership
Ciena Co. stock logo
CIEN
Ciena
91.99%
Iridium Communications Inc. stock logo
IRDM
Iridium Communications
84.36%
Lumentum Holdings Inc. stock logo
LITE
Lumentum
94.05%
Wolfspeed, Inc. stock logo
WOLF
Wolfspeed
N/A

Insider Ownership

CompanyInsider Ownership
Ciena Co. stock logo
CIEN
Ciena
0.83%
Iridium Communications Inc. stock logo
IRDM
Iridium Communications
2.00%
Lumentum Holdings Inc. stock logo
LITE
Lumentum
0.60%
Wolfspeed, Inc. stock logo
WOLF
Wolfspeed
0.62%

Miscellaneous

CompanyEmployeesShares OutstandingFree FloatOptionable
Ciena Co. stock logo
CIEN
Ciena
8,483144.60 million143.40 millionOptionable
Iridium Communications Inc. stock logo
IRDM
Iridium Communications
760122.40 million119.95 millionOptionable
Lumentum Holdings Inc. stock logo
LITE
Lumentum
7,50067.40 million67.00 millionOptionable
Wolfspeed, Inc. stock logo
WOLF
Wolfspeed
4,802125.80 million125.02 millionOptionable

IRDM, LITE, WOLF, and CIEN Headlines

SourceHeadline
Open Source: In Chatham County, a tale of two construction projectsOpen Source: In Chatham County, a tale of two construction projects
msn.com - April 18 at 6:45 PM
Wolfspeed (NYSE:WOLF) Trading Down 5.2%Wolfspeed (NYSE:WOLF) Trading Down 5.2%
marketbeat.com - April 18 at 4:55 PM
Behind the Scenes of Wolfspeeds Latest Options TrendsBehind the Scenes of Wolfspeed's Latest Options Trends
benzinga.com - April 18 at 1:44 PM
Wolfspeed Selects AIXTRON Tools to Support 200mm ProductionWolfspeed Selects AIXTRON Tools to Support 200mm Production
markets.businessinsider.com - April 18 at 8:43 AM
Wolfspeed (WOLF) Price Target Decreased by 7.32% to 37.59Wolfspeed (WOLF) Price Target Decreased by 7.32% to 37.59
msn.com - April 18 at 8:43 AM
CHIPS Act direct funding reaches $23 billion: Who will be next?CHIPS Act direct funding reaches $23 billion: Who will be next?
electronics360.globalspec.com - April 17 at 8:02 PM
Wolfspeed, Inc. Announces Date of Fiscal Third Quarter Earnings Call for May 1, 2024Wolfspeed, Inc. Announces Date of Fiscal Third Quarter Earnings Call for May 1, 2024
businesswire.com - April 17 at 4:00 PM
AmeriCU’s Ron Belle on leadership: ‘Understand the shadow you’re casting’AmeriCU’s Ron Belle on leadership: ‘Understand the shadow you’re casting’
msn.com - April 17 at 9:19 AM
Developer announces two new single-family subdivisions coming to GreensboroDeveloper announces two new single-family subdivisions coming to Greensboro
greensboro.com - April 17 at 9:19 AM
Stock Traders Purchase Large Volume of Call Options on Wolfspeed (NYSE:WOLF)Stock Traders Purchase Large Volume of Call Options on Wolfspeed (NYSE:WOLF)
americanbankingnews.com - April 17 at 2:38 AM
Traders Buy Large Volume of Call Options on Wolfspeed (NYSE:WOLF)Traders Buy Large Volume of Call Options on Wolfspeed (NYSE:WOLF)
marketbeat.com - April 16 at 4:34 PM
Wolfspeed, Inc. (WOLF) Interactive Stock Chart - Yahoo FinanceWolfspeed, Inc. (WOLF) Interactive Stock Chart - Yahoo Finance
finance.yahoo.com - April 16 at 2:22 PM
Financial Analysis: Wolfspeed (NYSE:WOLF) versus ams-OSRAM (OTCMKTS:AUKUF)Financial Analysis: Wolfspeed (NYSE:WOLF) versus ams-OSRAM (OTCMKTS:AUKUF)
americanbankingnews.com - April 16 at 1:32 AM
Asset Management One Co. Ltd. Sells 56,658 Shares of Wolfspeed, Inc. (NYSE:WOLF)Asset Management One Co. Ltd. Sells 56,658 Shares of Wolfspeed, Inc. (NYSE:WOLF)
marketbeat.com - April 15 at 4:43 AM
As Wolfspeed builds Chatham factory, its former LED unit keeps innovatingAs Wolfspeed builds Chatham factory, its former LED unit keeps innovating
bizjournals.com - April 14 at 6:58 PM
Wolfspeed, Inc. (NYSE:WOLF) Shares Acquired by DekaBank Deutsche GirozentraleWolfspeed, Inc. (NYSE:WOLF) Shares Acquired by DekaBank Deutsche Girozentrale
marketbeat.com - April 13 at 5:58 AM
JPMorgan Chase & Co. Lowers Wolfspeed (NYSE:WOLF) Price Target to $35.00JPMorgan Chase & Co. Lowers Wolfspeed (NYSE:WOLF) Price Target to $35.00
americanbankingnews.com - April 13 at 2:44 AM
Wolfspeed (NYSE:WOLF) Shares Gap Down  After Analyst DowngradeWolfspeed (NYSE:WOLF) Shares Gap Down After Analyst Downgrade
americanbankingnews.com - April 13 at 1:46 AM
Wolfspeed Stock (NYSE:WOLF), Analyst Ratings, Price Targets, PredictionsWolfspeed Stock (NYSE:WOLF), Analyst Ratings, Price Targets, Predictions
benzinga.com - April 12 at 1:04 PM
Wolfspeed (NYSE:WOLF) Shares Gap Down  Following Analyst DowngradeWolfspeed (NYSE:WOLF) Shares Gap Down Following Analyst Downgrade
marketbeat.com - April 12 at 10:32 AM
Davidson commissioners approve industrial rezoning for 761-acre siteDavidson commissioners approve industrial rezoning for 761-acre site
journalnow.com - April 10 at 7:15 PM
Randolph Community College gets $8.5M from county towards planned $18M capital investmentsRandolph Community College gets $8.5M from county towards planned $18M capital investments
bizjournals.com - April 10 at 7:15 PM
Trade of the Day: Wolfspeed (WOLF) Stock Could Get Squeezed HigherTrade of the Day: Wolfspeed (WOLF) Stock Could Get Squeezed Higher
investorplace.com - April 10 at 8:18 AM
Wolfspeed (NYSE:WOLF) Shares Up 5.7%Wolfspeed (NYSE:WOLF) Shares Up 5.7%
marketbeat.com - April 9 at 12:12 PM

New MarketBeat Followers Over Time

Media Sentiment Over Time

Company Descriptions

Ciena logo

Ciena

NYSE:CIEN
Ciena Corporation provides hardware and software services for delivery of video, data, and voice traffic metro, aggregation, and access communications network worldwide. The company's Networking Platforms segment offers convergence of coherent optical transport, open optical networking, optical transport network switching, IP routing, and switching services. Its products include 6500 Packet-Optical Platform, Waveserver stackable interconnect system, and the 6500 Reconfigurable line system, and the 5400 family of Packet-Optical platforms, as well as 8100 coherent routing platforms; 3000 family of service delivery switches and the 5000 family of service aggregation switches, as well as 8700 Packetwave Platform 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, multi-cloud orchestration, and unified assurance and analytics services. Its Platform Software and Service segment offers MCP domain controller solution, and OneControl unified management system, as well as planning tools. The company's Global Services segment provides maintenance support and training, installation and deployment, and consulting and network design services. Ciena Corporation was incorporated in 1992 and is headquartered in Hanover, Maryland.
Iridium Communications logo

Iridium Communications

NASDAQ:IRDM
Iridium Communications Inc. provides mobile voice and data communications services and products to businesses, the United States and international governments, non-governmental organizations, and consumers worldwide. The company offers postpaid mobile voice and data satellite communications; prepaid mobile voice satellite communications; push-to-talk; broadband data; and Internet of Things (IoT) services. It also provides hosted payload and other data services, such as satellite time and location services; and inbound connections from the public switched telephone network, short message, subscriber identity module, activation, customer reactivation, and other peripheral services. In addition, the company offers voice and data solutions comprising personnel tracking devices; asset tracking devices for equipment, vehicles, and aircrafts; beyond-line-of-sight aircraft communications applications; maritime communications applications; specialized communications solutions for high-value individuals; mobile communications and data devices for the military and other government agencies, such as secure satellite handsets, as well as netted voice, messaging, and paging services; and maintenance services for the United States government's dedicated gateway. Further, it provides satellite handsets, voice and data modems, broadband data devices, and IoT data devices; various accessories for its devices that include batteries, holsters, earbud headphones, portable auxiliary antennas, antenna adaptors, USB data cables, charging units, and others; and engineering and support services. Iridium Communications Inc. sells its products and services to commercial end users through a wholesale distribution network that include service providers, and value-added resellers and manufacturers. The company was formerly known as Iridium Holdings LLC and changed its name to Iridium Communications Inc. in September 2009. Iridium Communications Inc. is headquartered in McLean, Virginia.
Lumentum logo

Lumentum

NASDAQ:LITE
Lumentum Holdings Inc. manufactures and sells optical and photonic products in the Americas, the Asia-Pacific, Europe, the Middle East, and Africa. The company operates through two segments: Optical Communications (OpComms) and Commercial Lasers (Lasers). The OpComms segment offers components, modules, and subsystems that enable the transmission and transport of video, audio, and data over high-capacity fiber optic cables. It offers tunable transponders, transceivers, and transmitter modules; tunable lasers, receivers, and modulators; transport products, such as reconfigurable optical add/drop multiplexers, amplifiers, and optical channel monitors, as well as components, including 980nm, multi-mode, and Raman pumps; and switches, attenuators, photodetectors, gain flattening filters, isolators, wavelength-division multiplexing filters, arrayed waveguide gratings, multiplex/de-multiplexers, and integrated passive modules. This segment also provides Super Transport Blade, which integrates optical transport functions into a single-slot blade; vertical-cavity surface-emitting lasers; directly modulated and electro-absorption modulated lasers; and laser illumination sources for 3D sensing systems. It serves customers in telecommunications, data communications, and consumer and industrial markets. The Commercial Lasers segment offers diode-pumped solid-state, fiber, diode, direct-diode, and gas lasers, such as argon-ion and helium-neon lasers for use in original equipment manufacturer applications. It serves customers in markets and applications, such as sheet metal processing, general manufacturing, biotechnology, solar cell processing, graphics and imaging, remote sensing, and precision machining. Lumentum Holdings Inc. was incorporated in 2015 and is headquartered in San Jose, California.
Wolfspeed logo

Wolfspeed

NYSE:WOLF
Wolfspeed, Inc. operates as a powerhouse semiconductor company focuses on silicon carbide and gallium nitride (GaN) technologies in Europe, Hong Kong, China, rest of Asia-Pacific, the United States, and internationally. It offers silicon carbide and GaN materials, including silicon carbide bare wafers, epitaxial wafers, and GaN epitaxial layers on silicon carbide wafers to manufacture products for RF, power, and other applications. The company also provides power devices, such as silicon carbide Schottky diodes, metal oxide semiconductor field effect transistors (MOSFETs), and power modules for customers and distributors to use in applications, including electric vehicles comprising charging infrastructure, server power supplies, solar inverters, uninterruptible power supplies, industrial power supplies, and other applications. In addition, it offers RF devices comprising GaN-based die, high-electron mobility transistors, monolithic microwave integrated circuits, and laterally diffused MOSFET power transistors for telecommunications infrastructure, military, and other commercial applications. The company was formerly known as Cree, Inc. and changed its name to Wolfspeed, Inc. in October 2021. Wolfspeed, Inc. was incorporated in 1987 and is headquartered in Durham, North Carolina.