Infinera Corporation Company Profile (NASDAQ:INFN)

About Infinera Corporation

Infinera Corporation logoInfinera Corporation is a provider of optical transport networking systems to service providers. The Company operates through optical transport networking systems segment. The Company serves Tier 1 and Tier 2 telecommunications service providers, Internet content providers, cable operators, wholesale and enterprise carriers, research and education institutions and government entities around the world. Its product portfolio consists of DTN-X family of platforms, the Infinera DTN platform, the Infinera Cloud Xpress platform, the Infinera TM-Series, the Infinera TG-Series and the Infinera ATN platform addressing subsea, long-haul and metro networks. The Company manufactures indium phosphide photonic integrated circuits, which are used as a differentiating component inside its intelligent transport network platforms. The Company's software and services include Infinera Open Transport Switch, Infinera Management Suite and Customer Support Services.

Industry, Sector and Symbol:
  • Sector: Computer and Technology
  • Industry: Communication Equipment
  • Sub-Industry: Communications Equipment
  • Exchange: NASDAQ
  • Symbol: INFN
  • CUSIP: 45667G10
Key Metrics:
  • Previous Close: $11.03
  • 50 Day Moving Average: $9.52
  • 200 Day Moving Average: $8.88
  • 52-Week Range: $7.23 - $17.04
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 47.96
  • P/E Growth: 2.11
  • Market Cap: $1.60B
  • Outstanding Shares: 145,020,000
  • Beta: 1.45
Profitability:
  • Net Margins: -2.75%
  • Return on Equity: 1.60%
  • Return on Assets: 1.04%
Debt:
  • Debt-to-Equity Ratio: 0.16%
  • Current Ratio: 3.35%
  • Quick Ratio: 2.23%
Additional Links:
Companies Related to Infinera Corporation:

Analyst Ratings

Consensus Ratings for Infinera Corporation (NASDAQ:INFN) (?)
Ratings Breakdown: 1 Sell Rating, 9 Hold Ratings, 5 Buy Ratings, 1 Strong Buy Rating
Consensus Rating:Hold (Score: 2.38)
Consensus Price Target: $11.92 (8.04% upside)

Analysts' Ratings History for Infinera Corporation (NASDAQ:INFN)
Show:
DateFirmActionRatingPrice TargetDetails
2/12/2017William BlairReiterated RatingBuyView Rating Details
2/12/2017B. RileyReiterated RatingNeutral$9.50View Rating Details
2/10/2017NomuraUpgradeNeutral -> BuyView Rating Details
2/10/2017Needham & Company LLCBoost Price TargetStrong-Buy$12.50 -> $13.50View Rating Details
2/10/2017InstinetUpgradeNeutral -> BuyView Rating Details
1/19/2017Piper Jaffray CompaniesInitiated CoverageNeutral$9.50View Rating Details
1/15/2017MKM PartnersReiterated RatingNeutral$8.00View Rating Details
9/30/2016Stifel NicolausInitiated CoverageHold$9.00View Rating Details
8/25/2016Citigroup Inc.DowngradeNeutral -> Sell$10.00 -> $8.00View Rating Details
7/28/2016Deutsche Bank AGLower Price TargetBuy$23.00 -> $12.00View Rating Details
7/28/2016Jefferies Group LLCDowngradeBuy -> HoldView Rating Details
7/28/2016Northland SecuritiesDowngradeOutperform -> Market PerformView Rating Details
7/28/2016Raymond James Financial, Inc.DowngradeOutperform -> Market PerformView Rating Details
7/28/2016J P Morgan Chase & CoDowngradeOverweight -> Neutral$19.00 -> $8.50View Rating Details
4/28/2016Drexel HamiltonReiterated RatingBuyView Rating Details
4/15/2016Goldman Sachs Group, Inc. (The)UpgradeSell -> Neutral$16.00View Rating Details
1/11/2016Wells Fargo & CompanyInitiated CoverageMarket PerformView Rating Details
10/9/2015Morgan StanleyInitiated CoverageEqual -> Equal Weight$21.00View Rating Details
9/23/2015StephensInitiated CoverageOverweightView Rating Details
4/10/2015Barrington ResearchReiterated RatingOutperform$24.00View Rating Details
(Data available from 2/23/2015 forward)

Earnings

Earnings History for Infinera Corporation (NASDAQ:INFN)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
4/25/2017        
2/9/2017Q416($0.13)($0.12)$175.37 million$181.00 millionViewListenView Earnings Details
10/26/2016Q316($0.07)$0.05$185.50 million$185.45 millionViewListenView Earnings Details
7/27/2016Q216$0.18$0.21$255.83 million$258.82 millionViewListenView Earnings Details
4/27/2016Q116$0.17$0.19$246.15 million$244.82 millionViewListenView Earnings Details
2/11/2016Q415$0.20$0.21$258.81 million$260.60 millionViewListenView Earnings Details
10/27/2015Q315$0.17$0.22$226.65 million$232.50 millionViewListenView Earnings Details
7/22/2015Q215$0.16$0.18$201.37 million$207.35 millionViewListenView Earnings Details
4/21/2015Q115$0.11$0.16$186.09 million$186.90 millionViewListenView Earnings Details
1/22/2015Q414$0.11$0.13$180.63 million$186.30 millionViewListenView Earnings Details
10/22/2014Q314$0.07$0.11$170.90 million$173.60 millionViewListenView Earnings Details
7/23/2014Q214$0.04$0.11$165.38 million$165.40 millionViewListenView Earnings Details
4/23/2014Q114($0.01)$0.03$140.46 million$142.82 millionViewListenView Earnings Details
10/23/2013Q313$0.04$0.10$140.40 million$142.00 millionViewListenView Earnings Details
7/24/2013Q2 2013($0.02)($0.01)$133.30 million$138.40 millionViewListenView Earnings Details
4/24/2013Q1 2013($0.07)($0.06)$119.65 million$124.60 millionViewListenView Earnings Details
2/5/2013Q4 2012($0.06)($0.05)$127.43 million$128.10 millionViewListenView Earnings Details
10/24/2012Q312($0.12)($0.07)$110.29 million$12.20 millionViewN/AView Earnings Details
7/24/2012($0.16)($0.16)ViewN/AView Earnings Details
4/25/2012($0.12)($0.10)ViewN/AView Earnings Details
2/2/2012($0.12)($0.06)ViewN/AView Earnings Details
10/18/2011($0.11)($0.09)ViewN/AView Earnings Details
7/19/2011($0.11)($0.11)ViewN/AView Earnings Details
4/28/2011($0.07)($0.04)ViewN/AView Earnings Details
1/27/2011$0.04$0.07ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Infinera Corporation (NASDAQ:INFN)
Current Year EPS Consensus Estimate: $-0.27 EPS
Next Year EPS Consensus Estimate: $0.23 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q2 20161$0.13$0.13$0.13
Q3 20161($0.08)($0.08)($0.08)
Q4 20162($0.06)($0.04)($0.05)
Q1 20172($0.15)($0.01)($0.08)
Q2 20172($0.09)$0.02($0.04)
Q3 20172$0.00$0.06$0.03
Q4 20172$0.04$0.11$0.08
Q1 20181$0.07$0.07$0.07
Q2 20181$0.08$0.08$0.08
Q3 20181$0.09$0.09$0.09
(Data provided by Zacks Investment Research)

Dividends

Dividend History for Infinera Corporation (NASDAQ:INFN)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading History for Infinera Corporation (NASDAQ:INFN)
Insider Ownership Percentage: 2.90%
Institutional Ownership Percentage: 70.16%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/2/2016Brad FellerCFOBuy20,000$8.60$172,000.00View SEC Filing  
8/2/2016Marcel GaniDirectorBuy50,000$8.60$430,000.00View SEC Filing  
8/1/2016John DaaneDirectorBuy12,000$8.49$101,880.00View SEC Filing  
8/1/2016Thomas J FallonCEOBuy100,000$8.54$854,000.00View SEC Filing  
5/3/2016Brad FellerCFOBuy25,000$11.75$293,750.00View SEC Filing  
5/3/2016Thomas J FallonCEOBuy100,000$11.95$1,195,000.00View SEC Filing  
12/4/2015James LaufmanVPSell5,000$22.30$111,500.00View SEC Filing  
11/2/2015Thomas J. FallonCEOSell200,000$19.85$3,970,000.00View SEC Filing  
6/5/2015Robert J JandroVPSell18,000$21.41$385,380.00View SEC Filing  
4/27/2015David F WelchPresidentSell30,000$20.40$612,000.00View SEC Filing  
4/24/2015Hooshmand KambizDirectorSell100,000$19.38$1,938,000.00View SEC Filing  
4/24/2015Thomas J FallonCEOSell200,000$19.65$3,930,000.00View SEC Filing  
3/30/2015David F WelchPresidentSell30,000$19.56$586,800.00View SEC Filing  
3/16/2015David F WelchPresidentSell30,000$18.82$564,600.00View SEC Filing  
2/17/2015David F WelchPresidentSell30,000$17.35$520,500.00View SEC Filing  
1/27/2015Carl RedfieldDirectorSell50,000$16.52$826,000.00View SEC Filing  
1/27/2015Thomas J FallonCEOSell203,614$16.52$3,363,703.28View SEC Filing  
1/5/2015David F WelchPresidentSell30,000$14.39$431,700.00View SEC Filing  
12/22/2014David F WelchPresidentSell30,000$15.44$463,200.00View SEC Filing  
12/8/2014David F WelchPresidentSell30,000$14.45$433,500.00View SEC Filing  
11/24/2014David F WelchPresidentSell30,000$13.50$405,000.00View SEC Filing  
10/27/2014Carl RedfieldDirectorSell50,000$13.56$678,000.00View SEC Filing  
10/27/2014David F WelchPresidentSell82,500$13.51$1,114,575.00View SEC Filing  
10/27/2014Thomas J FallonCEOSell220,000$13.56$2,983,200.00View SEC Filing  
10/6/2014David F WelchPresidentSell15,000$10.42$156,300.00View SEC Filing  
9/22/2014David F WelchPresidentSell22,500$11.20$252,000.00View SEC Filing  
9/18/2014Thomas J FallonCEOSell150,000$11.43$1,714,500.00View SEC Filing  
9/8/2014David F WelchPresidentSell245,000$11.01$2,697,450.00View SEC Filing  
9/8/2014Hooshmand KambizDirectorSell14,500$10.75$155,875.00View SEC Filing  
9/8/2014Thomas J FallonCEOSell20,000$11.00$220,000.00View SEC Filing  
8/26/2014David F WelchPresidentSell180,000$9.99$1,798,200.00View SEC Filing  
8/26/2014Paul J MilburyDirectorSell25,000$10.41$260,250.00View SEC Filing  
8/12/2014David F WelchPresidentSell17,500$9.16$160,300.00View SEC Filing  
8/11/2014David F WelchPresidentSell7,500$9.25$69,375.00View SEC Filing  
7/29/2014David F WelchPresidentSell17,500$9.04$158,200.00View SEC Filing  
7/28/2014David F WelchPresidentSell7,500$9.09$68,175.00View SEC Filing  
7/28/2014Mark A WegleitnerDirectorSell4,500$9.12$41,040.00View SEC Filing  
7/1/2014David F WelchPresidentSell10,000$9.21$92,100.00View SEC Filing  
6/17/2014David F WelchPresidentSell10,000$9.15$91,500.00View SEC Filing  
6/5/2014David F WelchPresidentSell10,000$9.00$90,000.00View SEC Filing  
5/20/2014David WelchPresidentSell20,000$9.09$181,800.00View SEC Filing  
5/16/2014Brad FellerCFOBuy25,000$8.25$206,250.00View SEC Filing  
5/15/2014Dan MaydanDirectorSell13,333$8.13$108,397.29View SEC Filing  
5/2/2014Philip KoenDirectorSell32,100$9.03$289,863.00View SEC Filing  
4/29/2014David WelchPresidentSell10,000$9.00$90,000.00View SEC Filing  
4/29/2014Paul MilburyDirectorSell25,000$8.83$220,750.00View SEC Filing  
4/28/2014Thomas FallonCEOSell50,000$8.82$441,000.00View SEC Filing  
3/25/2014David WelchPresidentSell10,000$9.53$95,300.00View SEC Filing  
2/26/2014Ita BrennanCFOSell30,000$8.50$255,000.00View SEC Filing  
2/10/2014Ita BrennanCFOSell144,864$8.56$1,240,035.84View SEC Filing  
2/3/2014Thomas FallonCEOSell50,000$8.57$428,500.00View SEC Filing  
1/14/2014David WelchPresidentSell10,000$9.03$90,300.00View SEC Filing  
1/8/2014David WelchPresidentSell50,000$10.00$500,000.00View SEC Filing  
1/8/2014Kenneth GoldmanDirectorSell12,100$10.00$121,000.00View SEC Filing  
12/31/2013David WelchPresidentSell10,000$9.72$97,200.00View SEC Filing  
12/17/2013David WelchPresidentSell10,000$9.16$91,600.00View SEC Filing  
12/3/2013David WelchPresidentSell10,000$9.00$90,000.00View SEC Filing  
11/5/2013David WelchPresidentSell10,000$9.75$97,500.00View SEC Filing  
10/31/2013Paul J MilburyDirectorSell40,000$10.24$409,600.00View SEC Filing  
10/30/2013Thomas J FallonCEOSell76,024$10.51$799,012.24View SEC Filing  
10/29/2013Hooshmand KambizDirectorSell17,600$10.50$184,800.00View SEC Filing  
10/28/2013David F WelchPresidentSell20,000$10.14$202,800.00View SEC Filing  
10/28/2013Ita M BrennanCFOSell12,500$10.09$126,125.00View SEC Filing  
10/28/2013Kenneth A GoldmanDirectorSell40,000$10.03$401,200.00View SEC Filing  
10/28/2013Thomas J FallonCEOSell50,000$10.12$506,000.00View SEC Filing  
10/8/2013David WelchPresidentSell30,000$11.39$341,700.00View SEC Filing  
9/24/2013David WelchPresidentSell30,000$11.08$332,400.00View SEC Filing  
9/23/2013Kenneth GoldmanDirectorSell40,000$11.09$443,600.00View SEC Filing  
9/10/2013David F WelchPresidentSell60,000$11.01$660,600.00View SEC Filing  
9/9/2013Carl RedfieldDirectorSell50,000$11.00$550,000.00View SEC Filing  
9/5/2013Kenneth A GoldmanDirectorSell5,969$10.66$63,629.54View SEC Filing  
9/5/2013Thomas J FallonCEOSell150,000$10.56$1,584,000.00View SEC Filing  
8/29/2013Kenneth GoldmanDirectorSell6,000$9.50$57,000.00View SEC Filing  
8/22/2013David WelchPresidentSell60,000$10.02$601,200.00View SEC Filing  
8/22/2013Ita BrennanCFOSell12,500$10.00$125,000.00View SEC Filing  
8/22/2013Kenneth GoldmanDirectorSell46,000$10.05$462,300.00View SEC Filing  
8/22/2013Thomas FallonCEOSell50,000$9.95$497,500.00View SEC Filing  
5/31/2013Michael O Mccarthy IIIInsiderSell123,578$10.85$1,340,821.30View SEC Filing  
5/29/2013Michael O Mccarthy IIIInsiderSell51,040$9.59$489,473.60View SEC Filing  
5/16/2013Dan MaydanDirectorSell90,234$9.30$839,176.20View SEC Filing  
5/16/2013Michael O Mccarthy IIIInsiderSell45,309$9.11$412,764.99View SEC Filing  
11/21/2012Thomas J FallonCEOBuy50,000$4.47$223,500.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Infinera Corporation (NASDAQ:INFN)
DateHeadline
biz.yahoo.com logoINFINERA CORP Files SEC form 10-K, Annual Report (NASDAQ:INFN)
us.rd.yahoo.com - February 23 at 5:55 PM
fool.com logo3 Big Risks Infinera Investors Need to Watch (NASDAQ:INFN)
www.fool.com - February 23 at 5:46 PM
News IconWhat are Analyst's Indicators for PBF Energy Inc. (PBF), Infinera ... - The USA Commerce (NASDAQ:INFN)
www.theusacommerce.com - February 22 at 6:08 PM
News Icon27 hedge funds buy Infinera Corporation (INFN) for the first time - Post Analyst (NASDAQ:INFN)
postanalyst.com - February 22 at 6:08 PM
fool.com logo1 Number Infinera Investors Should Worry About (NASDAQ:INFN)
www.fool.com - February 18 at 5:19 PM
News IconStocks Grabbing Analyst Attention: Infinera Corporation (NASDAQ:INFN), Gevo, Inc. (NASDAQ:GEVO) (NASDAQ:INFN)
interiordesignfuture.com - February 16 at 4:47 PM
News IconInfinera Corporation (INFN) Shares Gap Up After Analyst Upgrade (NASDAQ:INFN)
mundoaguaysaneamiento.net - February 16 at 4:47 PM
News IconInfinera Corp. (INFN) Price Target Raised to $13.50 (NASDAQ:INFN)
oakridgeobserver.com - February 16 at 4:47 PM
istreetwire.com logoTraders Recap: HRG Group, Inc. (HRG), Infinera Corporation (INFN), Flowers Foods, Inc. (FLO) - iStreetWire (NASDAQ:INFN)
istreetwire.com - February 16 at 8:10 AM
globenewswire.com logoInfinera to Participate in Morgan Stanley Investor Conference - GlobeNewswire (press release) (NASDAQ:INFN)
globenewswire.com - February 16 at 8:10 AM
finance.yahoo.com logoInfinera to Participate in Morgan Stanley Investor Conference (NASDAQ:INFN)
finance.yahoo.com - February 16 at 8:10 AM
News IconStock Update for Infinera Corporation (NASDAQ:INFN) - SKV News (NASDAQ:INFN)
skvnews.com - February 15 at 9:05 PM
fool.com logoBetter Buy: Infinera Corporation vs. Oclaro Inc. (NASDAQ:INFN)
www.fool.com - February 15 at 10:48 AM
News IconInfinera Corporation (NASDAQ:INFN) Insiders Move Reflect Future Prospects (NASDAQ:INFN)
hoyentv.com - February 15 at 5:17 AM
News IconThe Infinera Corporation (INFN) Trading Up 27.2% After Strong Earnings (NASDAQ:INFN)
techknowbits.com - February 14 at 7:16 PM
News IconInfinera Corporation (INFN) Updates Q1 Earnings Guidance (NASDAQ:INFN)
prensariotiretail.com - February 14 at 7:16 PM
finance.yahoo.com logoInfinera Paves the Way to 5G with New Open Mobile Transport Solutions (NASDAQ:INFN)
finance.yahoo.com - February 14 at 7:16 PM
capitalcube.com logoInfinera Corp. :INFN-US: Earnings Analysis: 2016 By the Numbers : February 14, 2017 (NASDAQ:INFN)
www.capitalcube.com - February 14 at 7:16 PM
capitalcube.com logoETFs with exposure to Infinera Corp. : February 14, 2017 (NASDAQ:INFN)
www.capitalcube.com - February 14 at 7:16 PM
News IconInfinera Corporation (NASDAQ:INFN) Sees Volume Pop in Session - Winfield Review (NASDAQ:INFN)
winfieldreview.com - February 14 at 12:01 AM
News IconInfinera Corporation (NASDAQ:INFN) EPS Estimate At $0.0467 - Transcript Daily (NASDAQ:INFN)
transcriptdaily.com - February 14 at 12:01 AM
rttnews.com logoInfinera Corp. (INFN) Surged To A 6-Month High After Q4 Loss Narrowed (NASDAQ:INFN)
www.rttnews.com - February 13 at 11:12 AM
capitalcube.com logoInfinera Corp. :INFN-US: Earnings Analysis: Q4, 2016 By the Numbers : February 13, 2017 (NASDAQ:INFN)
www.capitalcube.com - February 13 at 11:12 AM
News IconNews Impact Score Of Infinera Corporation (NASDAQ:INFN) At 88 ... - Stock Observer (NASDAQ:INFN)
www.thestockobserver.com - February 12 at 10:48 PM
streetinsider.com logoInfinera Corp. (INFN) PT Raised to $13.50 at Needham & Company - StreetInsider.com (NASDAQ:INFN)
www.streetinsider.com - February 12 at 10:48 PM
News IconInfinera Corp. (INFN) Upgraded by Instinet to Buy (NASDAQ:INFN)
giftedviz.com - February 11 at 5:58 PM
News IconPast Quarters Earnings Report for Infinera Corporation (NASDAQ:INFN) (NASDAQ:INFN)
techknowbits.com - February 11 at 4:43 AM
News IconInfinera Corporation (INFN) Shares Up 27.2% on Better-Than-Expected Earnings (NASDAQ:INFN)
www.lightwaveonline.com - February 10 at 11:41 PM
fool.com logoInfinera's Sales Fall, but the Bottom Might Be in Sight (NASDAQ:INFN)
www.fool.com - February 10 at 8:14 PM
streetinsider.com logoInfinera Corp. (INFN) PT Raised to $13.50 at Needham & Company (NASDAQ:INFN)
www.streetinsider.com - February 10 at 6:41 PM
rttnews.com logoInfinera Corp. (INFN) Has Jumped To A 6-Month High On Q4 Earnings (NASDAQ:INFN)
www.rttnews.com - February 10 at 6:41 PM
us.rd.yahoo.com logoEdited Transcript of INFN earnings conference call or presentation 9-Feb-17 10:00pm GMT (NASDAQ:INFN)
us.rd.yahoo.com - February 10 at 6:41 PM
us.rd.yahoo.com logoInfinera Sales, Q1 Sales Outlook Beat, Bulls See Rebound Coming (NASDAQ:INFN)
us.rd.yahoo.com - February 10 at 6:41 PM
fool.com logoHere's Why Infinera Is Soaring (NASDAQ:INFN)
www.fool.com - February 10 at 1:42 PM
seekingalpha.com logoInfinera +30% after Q4 2016 earnings (NASDAQ:INFN)
seekingalpha.com - February 10 at 11:12 AM
seekingalpha.com logoInfinera target increased at Needham & Company, upgraded to Buy at Instinet (NASDAQ:INFN)
seekingalpha.com - February 10 at 9:47 AM
seekingalpha.com logoInfinera (INFN) Q4 2016 Results - Earnings Call Transcript (NASDAQ:INFN)
seekingalpha.com - February 10 at 4:53 AM
sg.finance.yahoo.com logoInfinera reports 4Q loss (NASDAQ:INFN)
sg.finance.yahoo.com - February 9 at 11:51 PM
seekingalpha.com logoInfinera +8.51%; Q4 2016 above expectations (NASDAQ:INFN)
seekingalpha.com - February 9 at 7:42 PM
marketnewsvideo.com logoNotable Thursday Option Activity: JONE, INFN, BANC (NASDAQ:INFN)
www.marketnewsvideo.com - February 9 at 6:51 PM
rttnews.com logoEARNINGS SUMMARY: Details of Infinera Corp. Q4 Earnings Report (NASDAQ:INFN)
www.rttnews.com - February 9 at 6:51 PM
biz.yahoo.com logoQ4 2016 Infinera Corp Earnings Release - After Market Close (NASDAQ:INFN)
biz.yahoo.com - February 9 at 6:51 PM
finance.yahoo.com logoInfinera Corporation Reports Fourth Quarter and Fiscal Year 2016 Financial Results (NASDAQ:INFN)
finance.yahoo.com - February 9 at 6:51 PM
biz.yahoo.com logoINFINERA CORP Files SEC form 8-K, Results of Operations and Financial Condition (NASDAQ:INFN)
biz.yahoo.com - February 9 at 6:51 PM
finance.yahoo.com logo4:19 pm Infinera beats by $0.01, beats on revs (NASDAQ:INFN)
finance.yahoo.com - February 9 at 6:51 PM
News IconTributary Capital Management LLC Invests $801,000 in Infinera Corporation (INFN) (NASDAQ:INFN)
www.lightwaveonline.com - February 9 at 4:43 AM
News IconInfinera Corporation (NASDAQ:INFN) has 1 year Price Target of $8.89 - The Newburgh Press (NASDAQ:INFN)
newburghpress.com - February 8 at 6:40 PM
News IconInfinera Corporation (NASDAQ:INFN) Closed the Last Trading Session with decrease of -0.32% - The Newburgh Press (NASDAQ:INFN)
newburghpress.com - February 8 at 6:40 PM
News IconInfinera Corporation (NASDAQ:INFN) Met Earnings 0 times (NASDAQ:INFN)
prensariotiretail.com - February 7 at 7:12 PM
News IconMotley Fool Asset Management LLC Has Trimmed Stake in Infinera Corp (INFN) by $4.69 Million (NASDAQ:INFN)
randolphguide.com - February 6 at 5:58 PM

Social

What is Infinera Corporation's stock symbol?

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

Where is Infinera Corporation's stock going? Where will Infinera Corporation's stock price be in 2017?

16 analysts have issued twelve-month price targets for Infinera Corporation's stock. Their predictions range from $8.00 to $22.00. On average, they expect Infinera Corporation's share price to reach $11.92 in the next twelve months.

When will Infinera Corporation announce their earnings?

Infinera Corporation is scheduled to release their next quarterly earnings announcement on Tuesday, April, 25th 2017.

What are analysts saying about Infinera Corporation stock?

Here are some recent quotes from research analysts about Infinera Corporation stock:

  • Instinet analysts commented, "1Q guidance was in line with to below consensus estimates'disappointing, given that it was INFN's fourth straight guide down and 4Q ended up fine. However, strengthening in Europe/webscale and a solidifying product roadmap lend visibility to sequential growth through 2017. We lift our low-end estimates, raise our target price to $15, and upgrade our rating to Buy." (2/10/2017)
  • According to Zacks Investment Research, "Infinera provides Digital Optical Networking systems to telecommunications carriers, cable operators and other service providers worldwide. Infinera's large-scale photonic integrated circuit incorporates hundred Gigabits per second of transmit and receive capacity and the functionality of more than sixty discrete optical components into a pair of indium phosphide chips. Infinera's DTN system and PIC technology are designed to provide optical networks that provide operating simplicity, enhanced revenue generation, faster time-to-service and capital cost savings. " (1/11/2017)

  • Citigroup Inc. analysts commented, "Shares are down 50 percent YTD, yet additional margin pressure from its aggressive pursuit of new Metro deals and R&D spend means yet another leg down in earnings, with limited visibility until 2H'17. Our $8 PT is equivalent to discounting back a 14x PE on $0.64 FY18 EPS which we believe reflects INFN's recent PE and more 'normalized' margins." (8/25/2016)

  • Jefferies Group LLC analysts commented, "The Q1 print (and Q2 guidance) were disappointing in our view – particularly the reduction in June expectations associated with a particular Transmode customer. While we still like Infinera’s business longer term, it’s apparent they have lower near-term visibility of business than we previously thought. Spoiled Lingonberries… We Can’t Pay the Same Multiple Anymore. Infinera printed an in-line March quarter and guided for Q2 results below consensus. The most significant component of the reduced expectations comes from a single customer situation on the Transmode side of the business. Slower-than-expected cross-selling opportunities with Transmode are also a new concern. On the positive side, the Long Haul and Cloud Xpress pieces of the business seem to be performing well. Moreover, the strategic rationale behind the company’s purchase of Transmode and their entry into the Metro DCI market remains very much intact. We remain encouraged on these fronts. We’re adjusting our Price Target from $22.50 to $18.00." (4/28/2016)

Who owns Infinera Corporation stock?

Infinera Corporation's stock is owned by a number of of institutional and retail investors. Top institutional investors include FMR LLC (14.97%), Frontier Capital Management Co. LLC (2.19%), State Street Corp (1.79%), Dimensional Fund Advisors LP (1.71%), Cortina Asset Management LLC (0.52%) and Guggenheim Capital LLC (0.46%). Company insiders that own Infinera Corporation stock include Brad Feller, David F Welch, Hooshmand Kambiz, James Laufman, John Daane, Marcel Gani, Robert J Jandro and Thomas J Fallon.

Who sold Infinera Corporation stock? Who is selling Infinera Corporation stock?

Infinera Corporation's stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Royce & Associates LP, Cortina Asset Management LLC, Century Capital Management LLC, Cipher Capital LP and Metropolitan Life Insurance Co. NY.

Who bought Infinera Corporation stock? Who is buying Infinera Corporation stock?

Infinera Corporation's stock was acquired by a variety of institutional investors in the last quarter, including Frontier Capital Management Co. LLC, Divisar Capital Management LLC, Dimensional Fund Advisors LP, Two Sigma Investments LP, Guggenheim Capital LLC, State Street Corp, FMR LLC and Russell Investments Group Ltd.. Company insiders that have bought Infinera Corporation stock in the last two years include Brad Feller, John Daane, Marcel Gani and Thomas J Fallon.

How do I buy Infinera Corporation stock?

Shares of Infinera Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Infinera Corporation stock cost?

One share of Infinera Corporation stock can currently be purchased for approximately $11.03.

Infinera Corporation (NASDAQ:INFN) Chart for Thursday, February, 23, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Infinera Corporation (NASDAQ:INFN)

Earnings History Chart

Earnings by Quarter for Infinera Corporation (NASDAQ:INFN)

Dividend History Chart

Dividend Payments by Quarter for Infinera Corporation (NASDAQ:INFN)

Last Updated on 2/23/2017 by MarketBeat.com Staff