NASDAQ:INFN Infinera (INFN) Stock Forecast, Price & News $4.17 +0.16 (+3.99%) (As of 01:49 PM ET) Add Compare Share Share Today's Range$4.03▼$4.2450-Day Range$3.69▼$4.7452-Week Range$3.62▼$7.80Volume856,948 shsAverage Volume2.52 million shsMarket Capitalization$946.26 millionP/E RatioN/ADividend YieldN/APrice Target$6.72 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Infinera MarketRank™ ForecastAnalyst RatingModerate Buy2.80 Rating ScoreUpside/Downside61.2% Upside$6.72 Price TargetShort InterestBearish19.47% of Shares Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.93Based on 10 Articles This WeekInsider TradingAcquiring Shares$25,350 Bought Last QuarterProj. Earnings GrowthGrowingFrom ($0.16) 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.2.28 out of 5 starsComputer And Technology Sector297th out of 599 stocksTelephone & Telegraph Apparatus Industry4th out of 11 stocks 4.4 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 61.2% from its current price of $4.17.Amount of Analyst CoverageInfinera has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 0.0 Short Interest Percentage of Shares Shorted19.47% 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 19.1, which indicates bearish sentiment.Change versus previous monthShort interest in Infinera has recently increased by 1.89%, 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 2.7 News and Social Media Coverage News SentimentInfinera has a news sentiment score of 0.93. 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 0.62 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 10 news articles for Infinera this week, compared to 2 articles on an average week.Search InterestOnly 4 people have searched for INFN on MarketBeat in the last 30 days. This is a decrease of -33% compared to the previous 30 days.MarketBeat FollowsOnly 5 people have added Infinera to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Infinera insiders have bought more of their company's stock than they have sold. Specifically, they have bought $25,350.00 in company stock and sold $0.00 in 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 ($0.16) to $0.10 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Infinera is -104.25, 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 -104.25, 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 5.09. 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 (NASDAQ:INFN) StockInfinera 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 Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart INFN Stock News HeadlinesSeptember 29, 2023 | americanbankingnews.comInfinera (NASDAQ:INFN) Receives New Coverage from Analysts at Stifel NicolausSeptember 28, 2023 | markets.businessinsider.comExpert Ratings for InfineraSeptember 29, 2023 | Behind the Markets (Ad)66,000% upside on tiny biotech?The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.September 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 29, 2023 | Behind the Markets (Ad)66,000% upside on tiny biotech?The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.September 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 RequirementsSeptember 11, 2023 | finance.yahoo.comNETGEAR, Inc. (NTGR) Stock Jumps 5.5%: Will It Continue to Soar?August 30, 2023 | finance.yahoo.comInfinera’s Transcend Open Wave Manager Receives Telecom Infra Project AwardAugust 29, 2023 | finance.yahoo.comWeb Hosting Provider IONOS Deploys Infinera’s GX Compact Modular Solution for High-Performance Data Center ConnectivityAugust 28, 2023 | finance.yahoo.comShould You Hold Infinera (INFN)?August 21, 2023 | finance.yahoo.comInfinera to Present at the Rosenblatt Virtual Technology Summit on August 23, 2023August 14, 2023 | finance.yahoo.comLightRiver and Infinera to Showcase the Power of Next-Gen Coherent Pluggables in Delivering High-speed Business Services in Multi-Vendor NetworksAugust 11, 2023 | msn.comJefferies Upgrades Infinera (INFN)August 11, 2023 | msn.comRosenblatt Maintains Infinera (INFN) Buy RecommendationAugust 11, 2023 | finance.yahoo.comWhy Infinera Rallied TodayAugust 10, 2023 | markets.businessinsider.comWhat 5 Analyst Ratings Have To Say About InfineraAugust 10, 2023 | finance.yahoo.comQ2 2023 Infinera Corp Earnings CallAugust 10, 2023 | seekingalpha.comInfinera Corporation 2023 Q2 - Results - Earnings Call PresentationAugust 10, 2023 | finance.yahoo.comInfinera (INFN) Reports Break-Even Earnings for Q2August 10, 2023 | finance.yahoo.comInfinera (INFN) Q2 2023 Earnings Call TranscriptAugust 9, 2023 | markets.businessinsider.comInfinera Corp. Q2 Earnings SummaryAugust 9, 2023 | finance.yahoo.comInfinera Corporation Reports Second Quarter 2023 Financial ResultsSee 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 INFN Company Calendar Last Earnings8/09/2023Today9/29/2023Next Earnings (Estimated)11/01/2023Fiscal 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 Forecast$6.72 High Stock Price Forecast$10.00 Low Stock Price Forecast$4.60 Forecasted Upside/Downside+67.6%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$1.64 billion Price / Sales0.55 Cash Flow$0.32 per share Price / Cash Flow12.43 Book Value$0.82 per share Price / Book4.89Miscellaneous Outstanding Shares226,924,000Free Float224,246,000Market Cap$909.97 million OptionableOptionable Beta1.41 Social Links The Best High-Yield Dividend Stocks for 2023Looking to generate income with your stock portfolio? Use these ten stocks to generate a safe and reliable source of investment income.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 & Corp. Sec. Comp: $544.08kMr. Nicholas R. Walden (Age 51)Sr. VP of Worldwide Sales Comp: $671.24kMr. Craig S. Cocchi (Age 58)Sr. VP of Global Operations Mr. Michael H. Fernicola (Age 51)Chief Accounting Officer Mr. Amitabh PassiHead of Investor RelationsMr. Russ EsmacherSr. VP of Strategy, Marketing & Corp. Devel.Mr. Brett Hooper (Age 59)Chief HR Officer More ExecutivesKey CompetitorsNETGEARNASDAQ:NTGRClearfieldNASDAQ:CLFDAudioCodesNASDAQ:AUDCChipMOS TECHNOLOGIESNASDAQ:IMOSGrid DynamicsNASDAQ:GDYNView All CompetitorsInsiders & InstitutionsBarclays PLCSold 21,662 shares on 9/21/2023Ownership: 0.034%Virginia Retirement Systems ET ALBought 100,100 shares on 8/22/2023Ownership: 0.044%Nuveen Asset Management LLCSold 124,675 shares on 8/16/2023Ownership: 0.252%Michael H FernicolaBought 6,500 shares on 8/16/2023Total: $25,350.00 ($3.90/share)Citadel Advisors LLCBought 15,000 shares on 8/15/2023Ownership: 0.000%View All Insider TransactionsView All Institutional Transactions INFN Stock - 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 twelve months. 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 forecast for 2023? 5 equities research analysts have issued 12 month price objectives for Infinera's stock. Their INFN share price forecasts range from $4.60 to $10.00. On average, they predict the company's share price to reach $6.72 in the next twelve months. This suggests a possible upside of 67.6% 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 at the start of the year. Since then, INFN stock has decreased by 40.5% and is now trading at $4.01. View the best growth stocks for 2023 here. When is Infinera's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 1st 2023. View our INFN earnings forecast. How were Infinera's earnings last quarter? Infinera Co. (NASDAQ:INFN) released its earnings results on Wednesday, August, 9th. The communications equipment provider reported ($0.08) EPS for the quarter, topping the consensus estimate of ($0.09) by $0.01. The communications equipment provider earned $376.23 million during the quarter, compared to analysts' expectations of $377.05 million. Infinera had a negative trailing twelve-month return on equity of 3.26% and a negative net margin of 0.43%. 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 third quarter 2023 earnings guidance on Thursday, August, 10th. The company provided EPS guidance of -$0.06-$0.02 for the period, compared to the consensus EPS estimate of $0.06. The company issued revenue guidance of $361.00 million-$391.00 million, compared to the consensus revenue estimate of $426.67 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." 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 $4.01. How much money does Infinera make? Infinera (NASDAQ:INFN) has a market capitalization of $909.97 million and generates $1.64 billion in revenue each year. The communications equipment provider earns $-76,040,000.00 in net income (profit) each year or ($0.04) on an earnings per share basis. How many employees does Infinera have? The company employs 3,267 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).Read More 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 9/29/2023 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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