NASDAQ:INFN

Infinera Stock Forecast, Price & News

$9.86
-0.05 (-0.50 %)
(As of 08/2/2021 11:38 AM ET)
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Today's Range
$9.82
$9.95
50-Day Range
$9.17
$10.75
52-Week Range
$5.76
$11.51
Volume23,259 shs
Average Volume2.23 million shs
Market Capitalization$2.02 billion
P/E RatioN/A
Dividend YieldN/A
Beta1.23
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

1.78 out of 5 stars

Computer And Technology Sector

546th out of 1,646 stocks

Telephone & Telegraph Apparatus Industry

11th out of 40 stocks

Analyst Opinion: 1.1Community Rank: 4.7Dividend Strength: 0.0Insider Behavior: 2.5Valuation: 0.6 5 -4 -3 -2 -1 -
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Infinera (NASDAQ:INFN) Frequently Asked Questions

Is Infinera a buy right now?

8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Infinera in the last year. There are currently 1 sell rating, 4 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street 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 Tuesday, August 3rd 2021.
View our earnings forecast for Infinera
.

How can I listen to Infinera's earnings call?

Infinera will be holding an earnings conference call on Tuesday, August 3rd at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link.

How were Infinera's earnings last quarter?

Infinera Co. (NASDAQ:INFN) issued its earnings results on Monday, May, 3rd. The communications equipment provider reported ($0.03) earnings per share for the quarter, beating the consensus estimate of ($0.06) by $0.03. The communications equipment provider earned $330.91 million during 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 business's quarterly revenue was up .2% compared to the same quarter last year. During the same quarter in the prior year, the business posted ($0.27) earnings per share.
View Infinera's earnings history
.

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

Infinera's stock was trading at $4.38 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, INFN stock has increased by 124.7% and is now trading at $9.84.
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 EPS 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?

8 Wall Street analysts have issued 1 year price targets for Infinera's shares. Their forecasts range from $7.00 to $15.00. On average, they expect Infinera's share price to reach $10.19 in the next year. This suggests a possible upside of 3.5% from the stock's current price.
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)
  • Mr. Michael H. Fernicola, Chief Accounting Officer (Age 49)
  • Mr. Parthiban Kandappan, Chief Technology Officer
  • Mr. Amitabh Passi, Head of Investor Relations
  • Mr. Russ Esmacher, Sr. VP of Strategy, Marketing & Corp. Devel.
  • Mr. Brett Hooper, Chief HR Officer (Age 57)

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 retail and institutional investors. Top institutional shareholders include Rice Hall James & Associates LLC (0.10%), Alliancebernstein L.P. (0.09%), NEXT Financial Group Inc (0.01%), Zurcher Kantonalbank Zurich Cantonalbank (0.01%) and Baldwin Brothers Inc. MA (0.00%). 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 major investors are selling Infinera stock?

INFN stock was sold by a variety of institutional investors in the last quarter, including Zurcher Kantonalbank Zurich Cantonalbank , Alliancebernstein L.P., and Baldwin Brothers Inc. MA. 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 major investors are buying Infinera stock?

INFN stock was bought by a variety of institutional investors in the last quarter, including Rice Hall James & Associates LLC, and NEXT Financial Group Inc. 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 $9.84.

How much money does Infinera make?

Infinera has a market capitalization of $2.02 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 8/2/2021 by MarketBeat.com Staff
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