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

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

Infinera Corp. (NASDAQ:INFN) posted its quarterly earnings data on Wednesday, May, 8th. The communications equipment provider reported ($0.23) earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of ($0.27) by $0.04. The communications equipment provider had revenue of $295.60 million for the quarter, compared to analysts' expectations of $311.11 million. Infinera had a negative return on equity of 20.02% and a negative net margin of 29.68%. The business's revenue was up 45.8% on a year-over-year basis. During the same period in the previous year, the firm posted ($0.05) EPS. View Infinera's Earnings History.

Infinera is scheduled to release their next quarterly earnings announcement on Tuesday, August 6th 2019. View Earnings Estimates for Infinera.

Infinera issued an update on its second quarter earnings guidance on Wednesday, May, 8th. The company provided EPS guidance of ($0.30)-(0.26) for the period, compared to the Thomson Reuters consensus EPS estimate of ($0.18). The company issued revenue guidance of $290-310 million, compared to the consensus revenue estimate of $336.56 million.Infinera also updated its Q2 2019 guidance to $-0.3--0.26 EPS.

13 equities research analysts have issued 12 month price targets for Infinera's shares. Their predictions range from $2.99 to $13.00. On average, they expect Infinera's share price to reach $7.3325 in the next year. This suggests a possible upside of 129.1% from the stock's current price. View Analyst Price Targets for Infinera.

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Infinera in the last year. There are currently 2 sell ratings, 8 hold ratings, 2 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Infinera.

News stories about INFN stock have trended somewhat positive recently, InfoTrie Sentiment reports. InfoTrie scores the sentiment of press coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of public 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 1.4 on InfoTrie's scale. They also assigned press coverage about the communications equipment provider a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the stock's share price in the next several days. View News Stories for Infinera.

Some companies that are related to Infinera include Plantronics (PLT), Fabrinet (FN), Avaya (AVYA), NetGear (NTGR), ADTRAN (ADTN), AudioCodes (AUDC), Sonim Technologies (SONM), DASAN Zhone Solutions (DZSI), Akoustis Technologies (AKTS), Clearfield (CLFD), Clearone (CLRO), Communications Systems (JCS), Westell Technologies (WSTL), Franklin Wireless (FKWL) and AltiGen Communications (ATGN).

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), Aegean Marine Petroleum Network (ANW), Starbucks (SBUX) and Continental Resources (Clr).

Infinera's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include FMR LLC (14.82%), Elk Creek Partners LLC (2.02%), Paradigm Capital Management Inc. NY (0.46%), Bank of Montreal Can (0.41%), Cooper Creek Partners Management LLC (0.35%) and California Public Employees Retirement System (0.32%). Company insiders that own Infinera stock include Brad Feller, David F Welch, 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 Eagle Boston Investment Management Inc., Elk Creek Partners LLC, California Public Employees Retirement System, Adirondack Research & Management Inc., Princeton Capital Management LLC and American International Group Inc.. View Insider Buying and Selling for Infinera.

INFN stock was bought by a variety of institutional investors in the last quarter, including Paradigm Capital Management Inc. NY, Cooper Creek Partners Management LLC, Bank of Montreal Can, Victory Capital Management Inc., FMR LLC, Penserra Capital Management LLC, Meitav Dash Investments Ltd. and Royce & Associates LP. 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, Scottrade, Fidelity and Charles Schwab.

One share of INFN stock can currently be purchased for approximately $3.20.

Infinera has a market capitalization of $568.90 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 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]