NASDAQ:INFN - Infinera Stock Price, Forecast & News

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

Infinera Corp. (NASDAQ:INFN) released its quarterly earnings data on Tuesday, November, 12th. The communications equipment provider reported ($0.17) earnings per share (EPS) for the quarter, hitting the Zacks' consensus estimate of ($0.17). The communications equipment provider had revenue of $325.34 million for the quarter, compared to analysts' expectations of $327.09 million. Infinera had a negative net margin of 36.15% and a negative return on equity of 34.56%. The business's revenue was up 62.3% on a year-over-year basis. During the same quarter in the prior year, the firm earned ($0.04) EPS. View Infinera's Earnings History.

Infinera is scheduled to release their next quarterly earnings announcement on Tuesday, February 25th 2020. View Earnings Estimates for Infinera.

Infinera will be holding an earnings conference call on Tuesday, February 25th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Infinera updated its fourth quarter 2019 Pre-Market earnings guidance on Monday, November, 25th. The company provided earnings per share guidance of $-0.05--0.01 for the period, compared to the Thomson Reuters consensus estimate of $-0.02. The company issued revenue guidance of $$355-375 million, compared to the consensus revenue estimate of $$361.66 million.

10 equities research analysts have issued 12-month price objectives for Infinera's stock. Their forecasts range from $6.00 to $12.00. On average, they expect Infinera's share price to reach $7.63 in the next year. This suggests that the stock has a possible downside of 6.3%. View Analyst Price Targets for Infinera.

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Infinera in the last year. There are currently 1 sell rating, 4 hold ratings, 4 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Infinera.

Headlines about INFN stock have trended somewhat positive on Sunday, according to InfoTrie Sentiment Analysis. The research group rates the sentiment of press coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Infinera earned a media sentiment score of 0.7 on InfoTrie's scale. They also assigned news articles about the communications equipment provider a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the company's share price in the immediate future. View News Stories for Infinera.

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), ViaSat (VSAT), Finisar (FNSR), InterDigital Wireless (IDCC), Comtech Telecomm. (CMTL), Extreme Networks (EXTR), NetGear (NTGR) and Harmonic (HLIT).

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).

Infinera's stock is owned by a number of of institutional and retail investors. Top institutional investors include FMR LLC (15.00%), Victory Capital Management Inc. (1.69%), Bank of America Corp DE (1.67%), Victory Capital Management Inc. (1.64%), Geode Capital Management LLC (1.24%) and Jacobs Levy Equity Management Inc. (1.06%). Company insiders that own Infinera stock include Brad Feller, David W Heard, Marcel Gani, Robert J Jandro and Thomas J Fallon. View Institutional Ownership Trends for Infinera.

INFN stock was sold by a variety of institutional investors in the last quarter, including Jefferies Group LLC, Formula Growth Ltd., Penserra Capital Management LLC, Divisar Capital Management LLC, Jane Street Group LLC, Manatuck Hill Partners LLC, Bank of America Corp DE and King Luther Capital Management Corp. View Insider Buying and Selling for Infinera.

INFN stock was bought by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., Victory Capital Management Inc., Driehaus Capital Management LLC, Schonfeld Strategic Advisors LLC, Point72 Asset Management L.P., California Public Employees Retirement System, Jacobs Levy Equity Management Inc. and EAM Investors LLC. Company insiders that have bought Infinera stock in the last two years include Brad Feller, David W Heard, Marcel Gani, Robert J Jandro and Thomas J Fallon. View Insider Buying and Selling for 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.

One share of INFN stock can currently be purchased for approximately $8.14.

Infinera has a market capitalization of $1.47 billion and generates $943.38 million in revenue each year. The communications equipment provider earns $-214,290,000.00 in net income (profit) each year or ($0.64) on an earnings per share basis. Infinera employs 3,876 workers across the globe.View Additional Information About Infinera.

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

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]