NASDAQ:INFN - Infinera Stock Price, Forecast & News

$5.15

-0.15 (-2.83 %)

(As of 04/1/2020 09:30 AM ET)

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Today's Range

$5.15

Now: $5.15▼

$5.15

50-Day Range

$3.86

MA: $6.16▼

$8.33

52-Week Range

$2.80

Now: $5.15▼

$8.35

Volume13,465 shs

Average Volume5.14 million shs

Market Capitalization$942.60 million

P/E RatioN/A

Dividend YieldN/A

Beta0.76

Infinera Corporation provides optical transport networking equipment and software and services worldwide. The company's product portfolio consists of Infinera DTN-X Family of terabit-class transport network platforms, including the XTC Series, XTS Series, and XT Series; Infinera DTN-X XTC series multi-terabit packet optical transport platforms that integrate digital OTN switching and optical WDM transmission; and Infinera DTN-X XT series for terrestrial applications and XTS series for subsea applications. It also provides Infinera hiT 7300, mTera Series, 7100 Series, 7090 Family, and 8600 Series; Infinera XTM Series packet-optical transport platform that enables high-performance metro networks with service-aware, application-specific capabilities; Infinera Groove G30; and Infinera Cloud Xpress Family designed to meet the varying needs of ICPs, communication service providers, Internet exchange service providers, enterprises, and other large-scale data center operators. In addition, the company offers Infinera FlexILS open line system platform that connects various Infinera and third-party terminal equipment platforms over long-distance fiber optic cable providing switching, multiplexing, amplification, and management channels. Further, it provides transcend software suite; Infinera CNOS, a hardware-independent network operating system; and a range of support services for all hardware and software products. The company also serves telecommunications service providers, Internet content providers, cable providers, wholesale and enterprise carriers, research and education institutions, enterprise customers, 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 founded in 2000 and is headquartered in Sunnyvale, California.

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Telephone & telegraph apparatus

Sub-IndustryCommunications Equipment

SectorComputer and Technology

Current SymbolNASDAQ:INFN

Previous Symbol

CUSIP45667G10

CIK1138639

Webhttp://www.infinera.com/

Phone408-572-5200

Debt

Debt-to-Equity Ratio1.01

Current Ratio1.32

Quick Ratio0.84

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual Sales$1.30 billion

Price / Sales0.73

Cash FlowN/A

Price / Cash FlowN/A

Book Value$2.14 per share

Price / Book2.41

Profitability

EPS (Most Recent Fiscal Year)($0.83)

Net Income$-386,620,000.00

Net Margins-29.77%

Return on Equity-30.29%

Return on Assets-9.47%

Miscellaneous

Employees3,261

Outstanding Shares183,030,000

Market Cap$942.60 million

Next Earnings Date5/13/2020 (Estimated)

OptionableOptionable

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Infinera (NASDAQ:INFN) Frequently Asked Questions

How has Infinera's stock been impacted by COVID-19 (Coronavirus)?

Infinera's stock was trading at $4.38 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, INFN stock has increased by 17.6% and is now trading at $5.15. View which stocks have been mosted impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Infinera?

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Infinera in the last year. There are currently 2 sell ratings, 6 hold ratings, 6 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Infinera.

When is Infinera's next earnings date?

Infinera is scheduled to release its next quarterly earnings announcement on Wednesday, May 13th 2020. View our earnings forecast for Infinera.

How were Infinera's earnings last quarter?

Infinera Corp. (NASDAQ:INFN) posted its earnings results on Tuesday, February, 25th. The communications equipment provider reported $0.03 EPS for the quarter, topping the Thomson Reuters' consensus estimate of ($0.08) by $0.11. The communications equipment provider had revenue of $384.57 million for the quarter, compared to analyst estimates of $366 million. Infinera had a negative net margin of 29.77% and a negative return on equity of 30.29%. View Infinera's earnings history.

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

Infinera updated its first quarter earnings guidance on Tuesday, February, 25th. The company provided earnings per share (EPS) guidance of $(0.21)-(0.15) for the period, compared to the Thomson Reuters consensus EPS estimate of ($0.09). The company issued revenue guidance of $313-333 million, compared to the consensus revenue estimate of $324.93 million.

What price target have analysts set for INFN?

15 analysts have issued 12 month price targets for Infinera's stock. Their forecasts range from $3.50 to $11.00. On average, they expect Infinera's stock price to reach $7.68 in the next year. This suggests a possible upside of 49.2% from the stock's current price. View analysts' price targets for Infinera.

What are Wall Street analysts saying about Infinera stock?

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

1. 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. " (3/31/2020)
2. Rosenblatt Securities analysts commented, "We shift from cautionary to a more open-minded stance on INFN stock, looking for sustained revenue growth and margin expansion. We maintain our FY19 revenue/EPS estimates, maintain our FY20 revenue estimate, and reduce our FY20 earnings (by -$.07). We maintain our Neutral rating and our price target moves from $3 to $4." (8/8/2019)

Has Infinera been receiving favorable news coverage?

News articles about INFN stock have trended very negative recently, InfoTrie Sentiment reports. The research firm ranks the sentiment of media coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Infinera earned a coverage optimism score of -3.0 on InfoTrie's scale. They also assigned press coverage about the communications equipment provider a news buzz of 4.0 out of 10, indicating that recent media coverage is somewhat unlikely to have an effect on the company's share price in the next several days. View the latest news aboutInfinera.

Who are some of Infinera's key competitors?

Some companies that are related to Infinera include Cisco Systems (CSCO), QUALCOMM (QCOM), Motorola Solutions (MSI), Palo Alto Networks (PANW), Juniper Networks (JNPR), F5 Networks (FFIV), Ciena (CIEN), Echostar (SATS), Finisar (FNSR), ViaSat (VSAT), InterDigital Wireless (IDCC), NetGear (NTGR), Harmonic (HLIT), Plantronics (PLT) and Calix (CALX).

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), Chipotle Mexican Grill (CMG), Athabasca Oil (ATH), NIC (EGOV), Micron Technology (MU), Starbucks (SBUX), Aegean Marine Petroleum Network (ANW) and Baidu (BIDU).

Who are Infinera's key executives?

Infinera's management team includes the following people:

Mr. Thomas J. Fallon, CEO & Director (Age 57)
Dr. David F. Welch, Founder, Chief Innovation Officer & Director (Age 58)
Mr. Brad D. Feller, Chief Financial Officer (Age 45)
Mr. David W. Heard, Chief Operating Officer (Age 51)
Mr. Robert J. Jandro, Sr. VP of Worldwide Sales (Age 64)

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

What is Infinera's stock price today?

One share of INFN stock can currently be purchased for approximately $5.15.

How big of a company is Infinera?

Infinera has a market capitalization of $942.60 million and generates $1.30 billion in revenue each year. The communications equipment provider earns $-386,620,000.00 in net income (profit) each year or ($0.83) on an earnings per share basis. Infinera employs 3,261 workers across the globe. View additional information about Infinera.

What is Infinera's official website?

The official website for Infinera is http://www.infinera.com/.

How can I contact Infinera?

Infinera's mailing address is 140 CASPIAN COURT, SUNNYVALE CA, 94089. The communications equipment provider can be reached via phone at 408-572-5200 or via email at [email protected]

MarketBeat Community Rating for Infinera (NASDAQ INFN)

Community Ranking:		2.7 out of 5 ( )
Outperform Votes:		634 (Vote Outperform)
Underperform Votes:		544 (Vote Underperform)
Total Votes:		1,178

MarketBeat's community ratings are surveys of what our community members think about Infinera and other stocks. Vote "Outperform" if you believe INFN will outperform the S&P 500 over the long term. Vote "Underperform" if you believe INFN will underperform the S&P 500 over the long term. You may vote once every thirty days.

This page was last updated on 4/1/2020 by MarketBeat.com Staff

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