NASDAQ:INFN

Infinera Stock Forecast, Price & News

$10.23
-0.22 (-2.11 %)
(As of 06/15/2021 12:00 AM ET)
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Today's Range
$10.14
$10.45
50-Day Range
$8.42
$10.75
52-Week Range
$5.54
$11.51
Volume1.22 million shs
Average Volume2.40 million shs
Market Capitalization$2.10 billion
P/E RatioN/A
Dividend YieldN/A
Beta1.19
30 days | 90 days | 365 days | Advanced Chart
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Infinera logo

About Infinera

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; Infinera DRX series for routers; and Infinera 8600 series for SDN-ready Internet Protocol/MPLS routers. It also offers Infinera CNOS, a hardware-independent network operating system; 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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MarketRank

Overall MarketRank

1.23 out of 5 stars

Computer And Technology Sector

586th out of 1,588 stocks

Telephone & Telegraph Apparatus Industry

11th out of 37 stocks

Analyst Opinion: 1.2Community Rank: 2.7Dividend Strength: 0.0Insider Behavior: 1.7Valuation: 0.6 5 -4 -3 -2 -1 -
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Infinera (NASDAQ:INFN) Frequently Asked Questions

Is Infinera a buy right now?

10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Infinera in the last year. There are currently 1 sell rating, 5 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" Infinera stock. 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 analyst ratings for Infinera
or view top-rated stocks.

What stocks does MarketBeat like better than Infinera?

Wall Street analysts have given Infinera a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Infinera wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is Infinera's next earnings date?

Infinera is scheduled to release its next quarterly earnings announcement on Wednesday, August 4th 2021.
View our earnings forecast for Infinera
.

How were Infinera's earnings last quarter?

Infinera Co. (NASDAQ:INFN) released its earnings results on Monday, May, 3rd. The communications equipment provider reported ($0.03) earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of ($0.06) by $0.03. The communications equipment provider had revenue of $330.91 million for the quarter, compared to the consensus estimate of $330.88 million. Infinera had a negative trailing twelve-month return on equity of 8.51% and a negative net margin of 11.49%. The firm's revenue was up .2% on a year-over-year basis. During the same quarter in the previous year, the firm earned ($0.27) earnings per share.
View Infinera's earnings history
.

How has Infinera's stock price been impacted by COVID-19?

Infinera's stock was trading at $4.38 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, INFN shares have increased by 133.6% and is now trading at $10.23.
View which stocks have been most impacted by COVID-19
.

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

Infinera updated its second quarter 2021 earnings guidance on Tuesday, May, 18th. The company provided earnings per share guidance of - for the period. The company issued revenue guidance of $335 million-$355 million, compared to the consensus revenue estimate of $343.18 million.

What price target have analysts set for INFN?

10 brokerages have issued 12-month target prices for Infinera's shares. Their forecasts range from $7.00 to $15.00. On average, they anticipate Infinera's share price to reach $10.15 in the next year. This suggests that the stock has a possible downside of 0.8%.
View analysts' price targets for Infinera
or view top-rated stocks among Wall Street analysts.

Who are Infinera's key executives?

Infinera's management team includes the following people:
  • Mr. David W. Heard, CEO & Director (Age 53, Pay $607.13k)
  • Ms. Nancy Erba, Chief Financial Officer (Age 54, Pay $387.03k)
  • Mr. David L. Teichmann, Chief Legal Officer & Corp. Sec. (Age 64, Pay $361.24k)
  • Mr. Nicholas R. Walden, Sr. VP of Worldwide Sales (Age 50, Pay $464.44k)
  • Dr. David F. Welch, Founder, Chief Innovation Officer & Director (Age 60) (LinkedIn Profile)
  • Mr. Michael H. Fernicola, Chief Accounting Officer (Age 49)
  • Mr. Parthiban Kandappan, Chief Technology Officer (LinkedIn Profile)
  • Mr. Amitabh Passi, Head of Investor Relations
  • Mr. Uwe Fischer, Sr. VP of Strategy and Corp. Devel.
  • Mr. Robert Shore, Sr. VP of Marketing

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

5 employees have rated Infinera CEO David Heard on Glassdoor.com. David Heard has an approval rating of 68% among Infinera's employees.

Who are some of Infinera's key competitors?

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 many different institutional and retail investors. Top institutional investors include Gilder Gagnon Howe & Co. LLC (6.29%), Brown Advisory Inc. (3.11%), Dimensional Fund Advisors LP (1.69%), Geode Capital Management LLC (1.50%), Neuberger Berman Group LLC (1.31%) and Victory Capital Management Inc. (1.24%). Company insiders that own Infinera stock include David F Welch, David W Heard, Hooshmand Kambiz, Mark A Wegleitner, Michael H Fernicola, Nicholas Walden, Oaktree Fund Gp, Llc, Optical Holdings LP Oaktree, Paul J Milbury and Thomas J Fallon.
View institutional ownership trends for Infinera
.

Which institutional investors are selling Infinera stock?

INFN stock was sold by a variety of institutional investors in the last quarter, including Kennedy Capital Management Inc., Gilder Gagnon Howe & Co. LLC, Voloridge Investment Management LLC, Divisar Capital Management LLC, Dimensional Fund Advisors LP, Guggenheim Capital LLC, JPMorgan Chase & Co., and Cubist Systematic Strategies LLC. Company insiders that have sold Infinera company stock in the last year include David F Welch, Hooshmand Kambiz, Mark A Wegleitner, Michael H Fernicola, Nicholas Walden, Paul J Milbury, and Thomas J Fallon.
View insider buying and selling activity for Infinera
or view top insider-selling stocks.

Which institutional investors are buying Infinera stock?

INFN stock was acquired by a variety of institutional investors in the last quarter, including Brown Advisory Inc., Price T Rowe Associates Inc. MD, Woodline Partners LP, Baird Financial Group Inc., Royce & Associates LP, Geode Capital Management LLC, Renaissance Technologies LLC, and Millennium Management LLC. Company insiders that have bought Infinera stock in the last two years include David W Heard, Oaktree Fund Gp, Llc, and Optical Holdings LP Oaktree.
View insider buying and selling activity for Infinera
or or view top insider-buying stocks.

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 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 $10.23.

How much money does Infinera make?

Infinera has a market capitalization of $2.10 billion and generates $1.36 billion in revenue each year. The communications equipment provider earns $-206,720,000.00 in net income (profit) each year or ($0.39) on an earnings per share basis.

How many employees does Infinera have?

Infinera employs 3,050 workers across the globe.

When was Infinera founded?

Infinera was founded in 2000.

What is Infinera's official website?

The official website for Infinera is www.infinera.com.

Where are Infinera's headquarters?

Infinera is headquartered at 140 CASPIAN COURT, SUNNYVALE CA, 94089.

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]


This page was last updated on 6/16/2021 by MarketBeat.com Staff
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