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S&P 500   4,026.12
DOW   34,347.03
QQQ   286.92
Considerations When Rolling Over a 401(k) into a Roth IRA
See how to make money instead of spending it on Black Friday with this offer (Ad)
Airbnb has a plan to fix cleaning fees
Saudi viewers angry over apparent ban on World Cup streaming
See how to make money instead of spending it on Black Friday with this offer (Ad)
Walmart shooting claims teen, young woman, father, mother
Cuba's informal market finds new space on growing internet
THE BEST BLACK FRIDAY DEAL YET (Ad)
Bird flu prompts slaughter of 1.8M chickens in Nebraska
US-England World Cup game seen by 19.98M on US television
S&P 500   4,026.12
DOW   34,347.03
QQQ   286.92
Considerations When Rolling Over a 401(k) into a Roth IRA
See how to make money instead of spending it on Black Friday with this offer (Ad)
Airbnb has a plan to fix cleaning fees
Saudi viewers angry over apparent ban on World Cup streaming
See how to make money instead of spending it on Black Friday with this offer (Ad)
Walmart shooting claims teen, young woman, father, mother
Cuba's informal market finds new space on growing internet
THE BEST BLACK FRIDAY DEAL YET (Ad)
Bird flu prompts slaughter of 1.8M chickens in Nebraska
US-England World Cup game seen by 19.98M on US television
S&P 500   4,026.12
DOW   34,347.03
QQQ   286.92
Considerations When Rolling Over a 401(k) into a Roth IRA
See how to make money instead of spending it on Black Friday with this offer (Ad)
Airbnb has a plan to fix cleaning fees
Saudi viewers angry over apparent ban on World Cup streaming
See how to make money instead of spending it on Black Friday with this offer (Ad)
Walmart shooting claims teen, young woman, father, mother
Cuba's informal market finds new space on growing internet
THE BEST BLACK FRIDAY DEAL YET (Ad)
Bird flu prompts slaughter of 1.8M chickens in Nebraska
US-England World Cup game seen by 19.98M on US television
NASDAQ:INFN

Infinera - INFN Stock Forecast, Price & News

$6.50
+0.07 (+1.09%)
(As of 11/25/2022 08:57 PM ET)
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Compare
Today's Range
$6.40
$6.59
50-Day Range
$4.39
$6.90
52-Week Range
$4.26
$9.86
Volume
418,300 shs
Average Volume
2.45 million shs
Market Capitalization
$1.43 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$9.38

Infinera MarketRank™ Forecast

Analyst Rating
Hold
2.43 Rating Score
Upside/​Downside
44.2% Upside
$9.38 Price Target
Short Interest
Bearish
16.92% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.63mentions of Infinera in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.22) to $0.09 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.68 out of 5 stars

Computer And Technology Sector

550th out of 633 stocks

Telephone & Telegraph Apparatus Industry

7th out of 10 stocks

INFN stock logo

About Infinera (NASDAQ:INFN) Stock

Infinera Corporation provides optical transport networking equipment, software, and services worldwide. The company's product portfolio includes Infinera Groove series for modular and sled-based platforms to support a various transport network applications; Infinera 7300 series, an SDN-ready coherent optical transport system; Infinera FlexILS open optical line system that connects various Infinera and third-party terminal equipment platforms over long-distance fiber optic cable providing switching, multiplexing, amplification, and management channels; and Infinera 7090 and 7100 series for transport platforms. It also offers Infinera XTM series, a packet-optical transport platform that enables metro connectivity solutions; Infinera XTC series, a multi-terabit packet optical transport platforms that integrates digital OTN switching and optical WDM transmission; Infinera mTera series, a network transport solution; and Infinera XT series, a platform that is designed to power cloud scale network services over metro, DCI, long-haul, and subsea networks. The company provides Infinera Cloud Xpress Family that is designed to meet the needs of internet content providers (ICPs), communication service providers, internet exchange service providers, enterprises, and other large-scale data center operators; and ICE-XR Coherent Pluggable Optics. It also offers Infinera Transcend software suite; and system software and customer support services. The company also serves telecommunications service providers, ICPs, cable providers, wholesale carriers, research and education institutions, large enterprises, and government entities. It markets and sells its products and related support services primarily through its direct sales force. The company was formerly known as Zepton Networks. The company was incorporated in 2000 and is headquartered in San Jose, California.

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INFN Stock News Headlines

Infinera (INFN) Q3 2022 Earnings Call Transcript
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INFN Company Calendar

Last Earnings
11/02/2022
Today
11/27/2022
Fiscal Year End
12/31/2022
Next Earnings (Estimated)
2/15/2023

Industry, Sector and Symbol

Industry
Telephone & telegraph apparatus
Sub-Industry
Communications Equipment
Current Symbol
NASDAQ:INFN
CUSIP
45667G10
Employees
3,225
Year Founded
2000

Price Target and Rating

Average Stock Price Forecast
$9.38
High Stock Price Forecast
$15.00
Low Stock Price Forecast
$6.00
Forecasted Upside/Downside
+44.2%
Consensus Rating
Hold
Rating Score (0-4)
2.43
Research Coverage
7 Analysts

Profitability

Net Income
$-170,780,000.00
Pretax Margin
-8.31%

Debt

Sales & Book Value

Annual Sales
$1.43 billion
Cash Flow
$0.27 per share
Book Value
$0.52 per share

Miscellaneous

Free Float
213,547,000
Market Cap
$1.43 billion
Optionable
Optionable
Beta
1.16

Social Links


Key Executives

  • Mr. David W. Heard (Age 54)
    CEO & Director
    Comp: $904.66k
  • Dr. David F. Welch Ph.D. (Age 61)
    Co-Founder, Chief Innovation Officer & Director
    Comp: $457.5k
  • Ms. Nancy L. Erba (Age 55)
    Chief Financial Officer
    Comp: $445.6k
  • Mr. David L. Teichmann (Age 65)
    Chief Legal Officer & Corp. Sec.
    Comp: $407.49k
  • Mr. Nicholas R. WaldenMr. Nicholas R. Walden (Age 51)
    Sr. VP of Worldwide Sales
    Comp: $847.32k
  • Mr. Michael H. Fernicola (Age 50)
    Chief Accounting Officer
  • Mr. Amitabh Passi
    Head of Investor Relations
  • Mr. Russ Esmacher
    Sr. VP of Strategy, Marketing & Corp. Devel.
  • Mr. Brett Hooper (Age 58)
    Chief HR Officer
  • Mr. Alexander Derecho
    Sr. VP of Global Services













INFN Stock - Frequently Asked Questions

Should I buy or sell Infinera stock right now?

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Infinera in the last year. There are currently 1 sell rating, 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" INFN shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in INFN, but not buy additional shares or sell existing shares.
View INFN analyst ratings
or view top-rated stocks.

What is Infinera's stock price forecast for 2023?

7 Wall Street analysts have issued twelve-month target prices for Infinera's stock. Their INFN share price forecasts range from $6.00 to $15.00. On average, they anticipate the company's share price to reach $9.38 in the next year. This suggests a possible upside of 44.2% from the stock's current price.
View analysts price targets for INFN
or view top-rated stocks among Wall Street analysts.

How have INFN shares performed in 2022?

Infinera's stock was trading at $9.59 at the start of the year. Since then, INFN shares have decreased by 32.2% and is now trading at $6.50.
View the best growth stocks for 2022 here
.

When is Infinera's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 15th 2023.
View our INFN earnings forecast
.

How were Infinera's earnings last quarter?

Infinera Co. (NASDAQ:INFN) announced its quarterly earnings data on Wednesday, November, 2nd. The communications equipment provider reported $0.05 EPS for the quarter, topping analysts' consensus estimates of $0.01 by $0.04. The communications equipment provider had revenue of $390.45 million for the quarter, compared to analysts' expectations of $380.57 million. Infinera had a negative net margin of 9.58% and a negative trailing twelve-month return on equity of 36.40%. Infinera's revenue for the quarter was up 9.7% on a year-over-year basis. During the same quarter in the previous year, the firm earned ($0.07) EPS.

What guidance has Infinera issued on next quarter's earnings?

Infinera issued an update on its fourth quarter 2022 earnings guidance on Wednesday, November, 9th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $420.00 million-$450.00 million, compared to the consensus revenue estimate of $434.00 million.

What is David Heard's approval rating as Infinera's CEO?

5 employees have rated Infinera Chief Executive Officer David Heard on Glassdoor.com. David Heard has an approval rating of 68% among the company's employees.

What other stocks do shareholders of Infinera own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Infinera investors own include CA (CA), Endologix (ELGX), BlackRock (BLK), Micron Technology (MU), Chipotle Mexican Grill (CMG), Athabasca Oil (ATH), NIC (EGOV), Starbucks (SBUX), Advanced Micro Devices (AMD) and Intel (INTC).

What is Infinera's stock symbol?

Infinera trades on the NASDAQ under the ticker symbol "INFN."

Who are Infinera's major shareholders?

Infinera's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (8.39%), Brown Advisory Inc. (5.13%), Barrow Hanley Mewhinney & Strauss LLC (2.23%), Assenagon Asset Management S.A. (1.45%), Jacobs Levy Equity Management Inc. (1.26%) and Victory Capital Management Inc. (1.26%). Insiders that own company stock include Christine Bucklin, David F Welch, David W Heard, George Andrew Riedel, Hooshmand Kambiz, Mark A Wegleitner, Michael H Fernicola, Michael H Fernicola, Nicholas Walden, Oaktree Fund Gp, Llc, Optical Holdings LP Oaktree, Paul J Milbury and Thomas J Fallon.
View institutional ownership trends
.

How do I buy shares of Infinera?

Shares of INFN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Infinera's stock price today?

One share of INFN stock can currently be purchased for approximately $6.50.

How much money does Infinera make?

Infinera (NASDAQ:INFN) has a market capitalization of $1.43 billion and generates $1.43 billion in revenue each year. The communications equipment provider earns $-170,780,000.00 in net income (profit) each year or ($0.67) on an earnings per share basis.

How many employees does Infinera have?

The company employs 3,225 workers across the globe.

Does Infinera have any subsidiaries?
The following companies are subsidiares of Infinera: Big Bear Networks, Coriant, Infinera Optical Holding Inc. (Delaware), Infinera Optical Networks Inc. (Delaware), International Telecom Holdings S.à r.l. (Luxembourg), Tellabs Enterprises B.V. (Netherlands), Tellabs Holdings B.V. (Netherlands), Transmode AB, Transmode Systems AB (Sweden), and Xieon Networks S.a.r.l. (Luxembourg).
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How can I contact Infinera?

Infinera's mailing address is 140 CASPIAN COURT, SUNNYVALE CA, 94089. The official website for the company is www.infinera.com. The communications equipment provider can be reached via phone at (408) 572-5200, via email at jhustis@infinera.com, or via fax at 302-636-5454.

This page (NASDAQ:INFN) was last updated on 11/28/2022 by MarketBeat.com Staff