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DOW   30,996.98
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S&P 500   3,841.47
DOW   30,996.98
QQQ   325.42
S&P 500   3,841.47
DOW   30,996.98
QQQ   325.42
S&P 500   3,841.47
DOW   30,996.98
QQQ   325.42
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NASDAQ:INFN

Infinera Stock Forecast, Price & News

$9.73
+0.08 (+0.83 %)
(As of 01/22/2021 12:00 AM ET)
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Today's Range
$9.38
Now: $9.73
$9.73
50-Day Range
$8.54
MA: $9.97
$11.30
52-Week Range
$3.68
Now: $9.73
$11.51
Volume1.37 million shs
Average Volume2.94 million shs
Market Capitalization$1.82 billion
P/E RatioN/A
Dividend YieldN/A
Beta1.28
Infinera Corporation provides optical transport networking equipment, software, and services worldwide. The company's product portfolio includes Infinera Groove series of modular and sled-based platforms to support a variety of transport network applications; 7300 series, an SDN-ready coherent optical transport system; 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; and 7090 and 7100 series packet transport platforms. It also offers Infinera XTM series packet-optical transport platform that enables high performance metro networks with service-aware, application-specific capabilities; XTC series multi-terabit packet optical transport platforms that integrate digital OTN switching and optical WDM transmission; mTera series universal transport platform; and XT series for long-haul and subsea applications. In addition, the company 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; DRX series of routers; and 8600 series of SDN-ready Internet Protocol/MPLS routers. 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 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. Infinera Corporation was founded in 2000 and is headquartered in Sunnyvale, California.
Infinera logo

MarketRank

Overall MarketRank

1.23 out of 5 stars

Computer And Technology Sector

496th out of 1,509 stocks

Telephone & Telegraph Apparatus Industry

10th out of 36 stocks

Analyst Opinion: 1.1Community Rank: 2.7Dividend Strength: 0.0Insider Behavior: 1.7Valuation: 0.6 5 -4 -3 -2 -1 -

Industry, Sector and Symbol

Industry Telephone & telegraph apparatus
Sub-IndustryCommunications Equipment
Current SymbolNASDAQ:INFN
CUSIP45667G10
Phone408-572-5200
Employees3,261

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.30 billion
Book Value$2.14 per share

Profitability

Net Income$-386,620,000.00

Miscellaneous

Market Cap$1.82 billion
Next Earnings Date2/23/2021 (Estimated)
OptionableOptionable
$9.73
+0.08 (+0.83 %)
(As of 01/22/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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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 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, INFN stock has increased by 122.1% and is now trading at $9.73.
View which stocks have been most impacted by COVID-19
.

Is Infinera a buy right now?

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Infinera in the last year. There are currently 3 sell ratings, 6 hold ratings, 5 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street 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 MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Infinera?

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

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.

When is Infinera's next earnings date?

Infinera is scheduled to release its next quarterly earnings announcement on Tuesday, February 23rd 2021.
View our earnings forecast for Infinera
.

How were Infinera's earnings last quarter?

Infinera Co. (NASDAQ:INFN) announced its quarterly earnings data on Thursday, November, 5th. The communications equipment provider reported $0.02 earnings per share for the quarter, beating the consensus estimate of ($0.06) by $0.08. The communications equipment provider had revenue of $340.21 million for the quarter, compared to analysts' expectations of $335.91 million. Infinera had a negative trailing twelve-month return on equity of 27.33% and a negative net margin of 19.00%. The company's quarterly revenue was up 4.6% compared to the same quarter last year. During the same quarter last year, the firm earned ($0.17) EPS.
View Infinera's earnings history
.

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

Infinera issued an update on its fourth quarter 2020 After-Hours earnings guidance on Thursday, November, 5th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $340-370 million, compared to the consensus revenue estimate of $357.51 million.

What price target have analysts set for INFN?

15 brokers have issued 12-month price targets for Infinera's stock. Their forecasts range from $3.00 to $15.00. On average, they expect Infinera's share price to reach $8.58 in the next year. This suggests that the stock has a possible downside of 11.9%.
View analysts' price targets for Infinera
or view Wall Street analyst' top-rated stocks.

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 Co. (ATH.TO) (ATH), NIC (EGOV), Starbucks (SBUX), Advanced Micro Devices (AMD) and Intel (INTC).

Who are Infinera's key executives?

Infinera's management team includes the following people:
  • Mr. David W. Heard, CEO & Director (Age 53, Pay $1.33M)
  • Ms. Nancy Erba, Chief Financial Officer (Age 54, Pay $632.75k)
  • Mr. David L. Teichmann, Chief Legal Officer & Corp. Sec. (Age 64, Pay $444.37k)
  • Mr. Thomas J. Fallon, Director & Advisor (Age 59, Pay $522.97k)
  • Dr. David F. Welch, Founder, Chief Innovation Officer & Director (Age 60)
  • Mr. Michael H. Fernicola, Chief Accounting Officer (Age 49)
  • Mr. Parthiban Kandappan, Chief Technical Officer
  • Mr. Amitabh Passi, Head of Investor Relations
  • Mr. Nicholas Walden, Sr. VP of Worldwide Sales (Age 50)
  • Mr. Uwe Fischer, Sr. VP of Strategy and Corp. Devel.

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 a number of retail and institutional investors. Top institutional investors include Paradigm Capital Management Inc. NY (1.03%), First Midwest Bank Trust Division (0.04%), Red Spruce Capital LLC (0.03%), Regal Wealth Group Inc. (0.01%) and Baldwin Brothers Inc. MA (0.00%). Company insiders that own Infinera stock include David F Welch, David W Heard, Hooshmand Kambiz, Marcel Gani, 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 First Midwest Bank Trust Division. 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, and Paul J Milbury.
View insider buying and selling activity for Infinera
or view top insider-selling stocks.

Which institutional investors are buying Infinera stock?

INFN stock was bought by a variety of institutional investors in the last quarter, including Red Spruce Capital LLC, Paradigm Capital Management Inc. NY, Baldwin Brothers Inc. MA, and Regal Wealth Group Inc.. Company insiders that have bought Infinera stock in the last two years include David W Heard, Marcel Gani, Oaktree Fund Gp, Llc, Optical Holdings LP Oaktree, and Thomas J Fallon.
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.

What is Infinera's stock price today?

One share of INFN stock can currently be purchased for approximately $9.73.

How big of a company is Infinera?

Infinera has a market capitalization of $1.82 billion 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.

What is Infinera's official website?

The official website for Infinera is 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]

This page was last updated on 1/25/2021 by MarketBeat.com Staff

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