Infinera Stock Price, News & Analysis (NASDAQ:INFN) $3.96 -0.05 (-1.25%) (As of 11/28/2023 ET) Add Compare Share Share Today's Range$3.85▼$4.0150-Day Range$2.87▼$4.4352-Week Range$2.82▼$7.80Volume1.40 million shsAverage Volume2.51 million shsMarket Capitalization$898.60 millionP/E RatioN/ADividend YieldN/APrice Target$6.72 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Infinera MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.80 Rating ScoreUpside/Downside69.7% Upside$6.72 Price TargetShort InterestBearish20.00% of Shares Sold ShortDividend StrengthN/ASustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings GrowthGrowingFrom ($0.14) to $0.10 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.77 out of 5 starsComputer And Technology Sector464th out of 597 stocksTelephone & Telegraph Apparatus Industry10th out of 10 stocks 3.4 Analyst's Opinion Consensus RatingInfinera has received a consensus rating of Moderate Buy. The company's average rating score is 2.80, and is based on 2 buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $6.72, Infinera has a forecasted upside of 69.7% from its current price of $3.96.Amount of Analyst CoverageInfinera has only been the subject of 1 research reports in the past 90 days. Previous Next 0.0 Short Interest Percentage of Shares Shorted20.00% of the outstanding shares of Infinera have been sold short.Short Interest Ratio / Days to CoverInfinera has a short interest ratio ("days to cover") of 20.3, which indicates bearish sentiment.Change versus previous monthShort interest in Infinera has recently increased by 1.05%, indicating that investor sentiment is decreasing. Previous Next 0.0 Dividend Strength Dividend YieldInfinera does not currently pay a dividend.Dividend GrowthInfinera does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for INFN. Previous Next 2.8 News and Social Media Coverage News SentimentInfinera has a news sentiment score of 1.10. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.65 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 1 news article for Infinera this week, compared to 2 articles on an average week.Search Interest6 people have searched for INFN on MarketBeat in the last 30 days. This is an increase of 20% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Infinera insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 1.18% of the stock of Infinera is held by insiders.Percentage Held by Institutions99.49% of the stock of Infinera is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Infinera are expected to grow in the coming year, from ($0.14) to $0.10 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Infinera is -99.00, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Infinera is -99.00, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioInfinera has a P/B Ratio of 4.83. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Infinera Stock (NASDAQ:INFN)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 DWDM 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. In addition, 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-X Coherent Pluggable Optics. It also offers Infinera Transcend software suite; and system software and customer support services. The company 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. Infinera Corporation was incorporated in 2000 and is headquartered in San Jose, California.Read More INFN Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart INFN Stock News HeadlinesNovember 21, 2023 | finanznachrichten.deInfinera Corporation: Infinera Awarded California Competes Grant to Increase Domestic Production of Next-generation SemiconductorsNovember 21, 2023 | finance.yahoo.comInfinera Awarded California Competes Grant to Increase Domestic Production of Next-generation SemiconductorsNovember 29, 2023 | RYSE INC. (Ad)Secure your stake in the Smart Home industry.Last chance to invest in RYSE – the shade automation technology launching in over 100 Best Buy stores this month.November 16, 2023 | finance.yahoo.comInfinera Corporation Announces Notification of Delinquency with NasdaqNovember 10, 2023 | markets.businessinsider.comCraig-Hallum Reaffirms Their Buy Rating on Infinera (INFN)November 9, 2023 | finance.yahoo.comInfinera Corporation (NASDAQ:INFN) Q3 2023 Earnings Call TranscriptNovember 9, 2023 | finance.yahoo.comInfinera (INFN) Q3 2023 Earnings Call TranscriptNovember 8, 2023 | markets.businessinsider.comInfinera Q3 Preliminary Results Above StreetNovember 29, 2023 | RYSE INC. (Ad)Secure your stake in the Smart Home industry.Last chance to invest in RYSE – the shade automation technology launching in over 100 Best Buy stores this month.November 8, 2023 | finance.yahoo.comInfinera Corporation Announces Preliminary Third Quarter 2023 Financial ResultsNovember 7, 2023 | markets.businessinsider.comWhat Wall Street expects from Infinera's earningsNovember 1, 2023 | finance.yahoo.comWhen Will Infinera Corporation (NASDAQ:INFN) Turn A Profit?October 25, 2023 | finance.yahoo.comAnalysts Estimate Infinera (INFN) to Report a Decline in Earnings: What to Look Out forOctober 25, 2023 | finance.yahoo.comInfinera to Announce Fiscal Third Quarter 2023 Financial Results on November 8, 2023October 17, 2023 | stockhouse.comPoland's Hawe Telekom Selects Infinera ICE6 800G Solution for High-capacity Services with Rapid ActivationOctober 17, 2023 | finance.yahoo.comPoland’s Hawe Telekom Selects Infinera ICE6 800G Solution for High-capacity Services with Rapid ActivationOctober 5, 2023 | finance.yahoo.comShareholders in Infinera (NASDAQ:INFN) are in the red if they invested three years agoOctober 3, 2023 | msn.comUnpacking Infinera's Performance And Prospects: Is It Time To Buy?September 29, 2023 | uk.finance.yahoo.comInfinera Corporation (INFN) stock historical prices & data – Yahoo FinanceSeptember 28, 2023 | markets.businessinsider.comExpert Ratings for InfineraSeptember 28, 2023 | finance.yahoo.comInfinera Provides Allo Technology ICE-X and XTM Solutions for Nationwide Network in MalaysiaSeptember 28, 2023 | seekingalpha.comCiena, Infinera rise as Stifel starts coverage with buy ratingSeptember 26, 2023 | finance.yahoo.comInfinera and Sumitomo Electric First to Demonstrate High-speed Business Services over 10G-EPON Infrastructure with ICE-X Coherent Pluggable OpticsSeptember 25, 2023 | stockhouse.comAsia Direct Cable Consortium Selects Infinera's ICE6 800G Solution for New Advanced Submarine Routes in APACSeptember 25, 2023 | finance.yahoo.comAsia Direct Cable Consortium Selects Infinera’s ICE6 800G Solution for New Advanced Submarine Routes in APACSeptember 23, 2023 | finance.yahoo.comGoldman On Optical Stocks: Infinera And Lumentum Upgraded, Ciena DowngradedSeptember 12, 2023 | finance.yahoo.comInfinera Announces Suite of ICE-X Coherent Pluggables and Compound Semiconductor Components to Comply with Buy America RequirementsSee More Headlines Receive INFN Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Infinera and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings5/03/2023Today11/28/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Telephone & telegraph apparatus Sub-IndustryCommunications Equipment SectorComputer and Technology Current SymbolNASDAQ:INFN CUSIP45667G10 CIK1138639 Webwww.infinera.com Phone(408) 572-5200Fax302-636-5454Employees3,267Year Founded2000Price Target and Rating Average Stock Price Target$6.72 High Stock Price Target$10.00 Low Stock Price Target$4.60 Potential Upside/Downside+68.4%Consensus RatingModerate Buy Rating Score (0-4)2.80 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)($0.04) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-76,040,000.00 Net Margins-0.43% Pretax Margin0.71% Return on Equity-3.26% Return on Assets-0.33% Debt Debt-to-Equity Ratio4.04 Current Ratio1.68 Quick Ratio1.00 Sales & Book Value Annual Sales$1.57 billion Price / Sales0.58 Cash Flow$0.29 per share Price / Cash Flow13.66 Book Value$0.82 per share Price / Book4.87Miscellaneous Outstanding Shares226,920,000Free Float224,246,000Market Cap$905.41 million OptionableOptionable Beta1.40 Social Links A Guide To High-Short-Interest StocksMarketBeat's analysts have just released their top five short plays for December 2023. Learn which stocks have the most short interest and how to trade them. Click the link below to see which companies made the list.Get This Free Report Key ExecutivesMr. David W. Heard (Age 55)CEO & Director Comp: $1.41MDr. David F. Welch Ph.D. (Age 62)Co-Founder, Chief Innovation Officer & Director Comp: $225.27kMs. Nancy L. Erba (Age 56)Chief Financial Officer Comp: $811.45kMr. David L. Teichmann (Age 66)Chief Legal Officer & Corporate Secretary Comp: $544.08kMr. Nicholas R. Walden (Age 51)Senior Vice President of Worldwide Sales Comp: $671.24kMr. Craig S. Cocchi (Age 58)Senior Vice President of Global Operations Mr. Michael H. Fernicola (Age 51)Chief Accounting Officer Mr. Amitabh PassiHead of Investor RelationsMr. Russ EsmacherSenior Vice President of Strategy, Marketing & Corporate DevelopmentMr. Brett Hooper (Age 59)Chief Human Resources Officer More ExecutivesKey CompetitorsNETGEARNASDAQ:NTGRClearfieldNASDAQ:CLFDAudioCodesNASDAQ:AUDCModel NNYSE:MODNCouchbaseNASDAQ:BASEView All CompetitorsInsiders & InstitutionsASB Consultores LLCBought 22,300 shares on 11/28/2023Ownership: 0.010%Jacobs Levy Equity Management Inc.Sold 913,107 shares on 11/17/2023Ownership: 1.268%Tudor Investment Corp Et AlSold 392,323 shares on 11/16/2023Ownership: 0.076%Creative PlanningBought 3,547 shares on 11/16/2023Ownership: 0.006%The Manufacturers Life Insurance Company Sold 2,591 shares on 11/15/2023Ownership: 0.035%View All Insider TransactionsView All Institutional Transactions INFN Stock Analysis - Frequently Asked Questions Should I buy or sell Infinera stock right now? 5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Infinera in the last year. There are currently 2 hold ratings, 2 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" INFN shares. View INFN analyst ratings or view top-rated stocks. What is Infinera's stock price target for 2024? 5 Wall Street research analysts have issued 1-year price targets for Infinera's shares. Their INFN share price targets range from $4.60 to $10.00. On average, they expect the company's stock price to reach $6.72 in the next twelve months. This suggests a possible upside of 69.7% 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 2023? Infinera's stock was trading at $6.74 on January 1st, 2023. Since then, INFN stock has decreased by 41.2% and is now trading at $3.96. View the best growth stocks for 2023 here. How were Infinera's earnings last quarter? Infinera Co. (NASDAQ:INFN) announced its quarterly earnings results on Wednesday, May, 3rd. The communications equipment provider reported $0.02 EPS for the quarter, topping analysts' consensus estimates of ($0.02) by $0.04. The communications equipment provider had revenue of $392.08 million for the quarter, compared to the consensus estimate of $381.39 million. Infinera had a negative trailing twelve-month return on equity of 3.26% and a negative net margin of 0.43%. Infinera's revenue for the quarter was up 15.7% compared to the same quarter last year. During the same period in the previous year, the business posted ($0.13) earnings per share. What ETFs hold Infinera's stock? ETFs with the largest weight of Infinera (NASDAQ:INFN) stock in their portfolio include iShares North American Tech-Multimedia Networking ETF (IGN).SPDR S&P Telecom ETF (XTL). What guidance has Infinera issued on next quarter's earnings? Infinera issued an update on its fourth quarter earnings guidance on Wednesday, November, 8th. The company provided earnings per share (EPS) guidance of 0.05-0.13 for the period, compared to the consensus estimate of $0.11. The company issued revenue guidance of 421-451 million, compared to the consensus revenue estimate of $436.15 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). Who are Infinera's major shareholders? Infinera's stock is owned by a number of retail and institutional investors. Top institutional shareholders include FMR LLC (15.00%), Shapiro Capital Management LLC (8.49%), Brown Advisory Inc. (6.13%), Paradigm Capital Management Inc. NY (2.17%), Jacobs Levy Equity Management Inc. (1.27%) and Kennedy Capital Management LLC (0.91%). Insiders that own company stock include Christine Bucklin, David F Welch, David W Heard, George Andrew Riedel, Mark A Wegleitner, Michael H Fernicola, Michael H Fernicola, Nicholas Walden, 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. 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).Read More This page (NASDAQ:INFN) was last updated on 11/29/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Infinera Co. Please log in to your account or sign up in order to add this asset to your watchlist. 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