Infinera Stock Forecast, Price & News

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.

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.
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Infinera is scheduled to release its next quarterly earnings announcement on Tuesday, August 3rd 2021.
View our earnings forecast for Infinera.

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.

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.

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.
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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.

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

Some companies that are related to Infinera include Cisco Systems (CSCO), QUALCOMM (QCOM), Palo Alto Networks (PANW), Motorola Solutions (MSI), F5 Networks (FFIV), Juniper Networks (JNPR), Ciena (CIEN), Viasat (VSAT), Calix (CALX), EchoStar (SATS), InterDigital (IDCC), Extreme Networks (EXTR), ADTRAN (ADTN), NETGEAR (NTGR) and Ribbon Communications (RBBN).
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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).

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

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.

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.

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.

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.
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One share of INFN stock can currently be purchased for approximately $9.84.

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.

Infinera employs 3,050 workers across the globe.

Infinera was founded in 2000.

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

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

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]