NASDAQ:INFN - Infinera Stock Price, News, & Analysis

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$4.52 -0.01 (-0.22 %)
(As of 03/22/2019 06:50 AM ET)
Previous Close$4.53
Today's Range$4.4650 - $4.59
52-Week Range$3.54 - $12.39
Volume1.90 million shs
Average Volume3.78 million shs
Market Capitalization$801.89 million
P/E Ratio-7.06
Dividend YieldN/A
Beta0.65
Infinera Corporation provides optical transport networking solutions, equipment, and software and services worldwide. The company's product portfolio consists of Infinera DTN-X Family of terabit-class transport network platforms, including the XTC Series, XTS Series, and XT Series; Infinera DTN-X XTC series multi-terabit packet optical transport platforms that integrate digital OTN switching and optical WDM transmission; and Infinera DTN-X XT series for terrestrial applications and XTS series for subsea applications. It also provides Infinera XTM Series packet-optical transport platform that enables high-performance metro networks with service-aware, application-specific capabilities; and 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. In addition, the company offers Infinera 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. Further, it provides software solutions, including Xceed Software Suite that address long-haul, subsea, and metro networks, as well as a range of support services for all hardware and software products. The company also serves telecommunications service providers, Internet content providers, cable providers, wholesale and enterprise carriers, research and education institutions, enterprise customers, 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.

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Industry, Sector and Symbol

Industry Telephone & telegraph apparatus
Sub-IndustryCommunications Equipment
SectorComputer and Technology
Current SymbolNASDAQ:INFN
CUSIP45667G10
Phone408-572-5200

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$943.38 million
Cash Flow$0.0610 per share
Book Value$4.02 per share

Profitability

Net Income$-214,290,000.00

Miscellaneous

Employees2,145
Market Cap$801.89 million
Next Earnings Date5/8/2019 (Estimated)
OptionableOptionable

Infinera (NASDAQ:INFN) Frequently Asked Questions

What is Infinera's stock symbol?

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

How were Infinera's earnings last quarter?

Infinera Corp. (NASDAQ:INFN) released its earnings results on Thursday, February, 21st. The communications equipment provider reported ($0.25) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.35) by $0.10. The communications equipment provider had revenue of $332.06 million for the quarter, compared to the consensus estimate of $324.85 million. Infinera had a negative net margin of 22.40% and a negative return on equity of 14.96%. View Infinera's Earnings History.

When is Infinera's next earnings date?

Infinera is scheduled to release their next quarterly earnings announcement on Wednesday, May 8th 2019. View Earnings Estimates for Infinera.

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

Infinera updated its first quarter 2019 earnings guidance on Thursday, February, 21st. The company provided earnings per share guidance of $-0.29--0.25 for the period, compared to the Thomson Reuters consensus EPS estimate of $-0.19. The company issued revenue guidance of $300-320 million, compared to the consensus revenue estimate of $327.53 million.

What price target have analysts set for INFN?

15 Wall Street analysts have issued 12-month price objectives for Infinera's stock. Their forecasts range from $5.50 to $13.00. On average, they expect Infinera's share price to reach $8.5385 in the next twelve months. This suggests a possible upside of 88.9% from the stock's current price. View Analyst Price Targets for Infinera.

What is the consensus analysts' recommendation for Infinera?

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Infinera in the last year. There are currently 1 sell rating, 10 hold ratings, 3 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Infinera.

Has Infinera been receiving favorable news coverage?

Media coverage about INFN stock has been trending somewhat positive on Friday, according to InfoTrie. The research group identifies negative and positive press coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Infinera earned a media sentiment score of 1.7 on InfoTrie's scale. They also gave news coverage about the communications equipment provider a news buzz of 2.0 out of 10, indicating that recent press coverage is very unlikely to have an effect on the stock's share price in the near future.

Are investors shorting Infinera?

Infinera saw a drop in short interest in the month of February. As of February 15th, there was short interest totalling 22,136,740 shares, a drop of 7.5% from the January 31st total of 23,943,558 shares. Based on an average trading volume of 2,486,410 shares, the days-to-cover ratio is presently 8.9 days. Currently, 12.9% of the shares of the company are sold short. View Infinera's Current Options Chain.

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 Micron Technology (MU), CA (CA), Netflix (NFLX), Starbucks (SBUX), FireEye (FEYE), Chipotle Mexican Grill (CMG), BlackRock (BLK), Endologix (ELGX), Energy Transfer LP Unit (ET) and Alibaba Group (BABA).

Who are Infinera's key executives?

Infinera's management team includes the folowing people:
  • Mr. Thomas J. Fallon, CEO & Director (Age 57)
  • Dr. David F. Welch, Founder, Chief Innovation Officer & Director (Age 58)
  • Mr. Brad D. Feller, Chief Financial Officer (Age 45)
  • Mr. David W. Heard, Chief Operating Officer (Age 51)
  • Mr. Robert J. Jandro, Sr. VP of Worldwide Sales (Age 64)

Who are Infinera's major shareholders?

Infinera's stock is owned by a variety of of retail and institutional investors. Top institutional investors include FMR LLC (14.98%), Oaktree Capital Management LP (11.99%), Fisher Asset Management LLC (3.41%), Dimensional Fund Advisors LP (3.16%), Dimensional Fund Advisors LP (3.16%) and Elk Creek Partners LLC (2.06%). Company insiders that own Infinera stock include Brad Feller, David F Welch, David W Heard, Robert J Jandro 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 Bank of New York Mellon Corp, Geode Capital Management LLC, Geode Capital Management LLC, Divisar Capital Management LLC, D. E. Shaw & Co. Inc., Dimensional Fund Advisors LP, Dimensional Fund Advisors LP and Millennium Management LLC. View Insider Buying and Selling for Infinera.

Which institutional investors are buying Infinera stock?

INFN stock was acquired by a variety of institutional investors in the last quarter, including Oaktree Capital Management LP, FMR LLC, Bank of America Corp DE, Elk Creek Partners LLC, Canada Pension Plan Investment Board, Squarepoint Ops LLC, Two Sigma Investments LP and Norges Bank. Company insiders that have bought Infinera stock in the last two years include Brad Feller, David W Heard, Robert J Jandro and Thomas J Fallon. View Insider Buying and Selling for Infinera.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Infinera's stock price today?

One share of INFN stock can currently be purchased for approximately $4.52.

How big of a company is Infinera?

Infinera has a market capitalization of $801.89 million 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 2,145 workers across the globe.

What is Infinera's official website?

The official website for Infinera is http://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]


MarketBeat Community Rating for Infinera (NASDAQ INFN)

Community Ranking:  2.7 out of 5 (star star)
Outperform Votes:  547 (Vote Outperform)
Underperform Votes:  468 (Vote Underperform)
Total Votes:  1,015
MarketBeat's community ratings are surveys of what our community members think about Infinera and other stocks. Vote "Outperform" if you believe INFN will outperform the S&P 500 over the long term. Vote "Underperform" if you believe INFN will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 3/22/2019 by MarketBeat.com Staff

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