Log in

NASDAQ:INFN - Infinera Stock Price, Forecast & News

$7.94
-0.11 (-1.37 %)
(As of 02/16/2020 04:00 PM ET)
Add
Today's Range
$7.87
Now: $7.94
$8.09
50-Day Range
$7.37
MA: $7.87
$8.22
52-Week Range
$2.80
Now: $7.94
$8.34
Volume1.27 million shs
Average VolumeN/A
Market CapitalizationN/A
P/E RatioN/A
Dividend YieldN/A
BetaN/A
Infinera Corporation provides optical transport networking 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. Read More…

Industry, Sector and Symbol

Industry N/A
Sub-IndustryCommunications Equipment
SectorN/A
Current SymbolNASDAQ:INFN
CUSIP45667G10
WebN/A
PhoneN/A

Debt

Price-To-Earnings

Sales & Book Value

Annual SalesN/A

Profitability

Miscellaneous

Employees3,876
Next Earnings Date2/25/2020 (Confirmed)
OptionableOptionable

Receive INFN News and Ratings via Email

Sign-up to receive the latest news and ratings for INFN and its competitors with MarketBeat's FREE daily newsletter.


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) announced its earnings results on Tuesday, November, 12th. The communications equipment provider reported ($0.17) earnings per share for the quarter, meeting the consensus estimate of ($0.17). The communications equipment provider had revenue of $325.34 million for the quarter, compared to analyst estimates of $327.09 million. The firm's revenue was up 62.3% on a year-over-year basis. During the same quarter in the prior year, the business earned ($0.04) earnings per share. View Infinera's Earnings History.

When is Infinera's next earnings date?

Infinera is scheduled to release their next quarterly earnings announcement on Tuesday, February 25th 2020. View Earnings Estimates for Infinera.

How can I listen to Infinera's earnings call?

Infinera will be holding an earnings conference call on Tuesday, February 25th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

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

Infinera issued an update on its fourth quarter 2019 Pre-Market earnings guidance on Monday, November, 25th. The company provided earnings per share guidance of $-0.05--0.01 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $-0.02. The company issued revenue guidance of $$355-375 million, compared to the consensus revenue estimate of $$361.66 million.

What price target have analysts set for INFN?

11 brokerages have issued 12 month price targets for Infinera's shares. Their forecasts range from $6.00 to $12.00. On average, they anticipate Infinera's share price to reach $7.43 in the next twelve months. This suggests that the stock has a possible downside of 6.5%. View Analyst Price Targets for Infinera.

What is the consensus analysts' recommendation for Infinera?

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Infinera in the last year. There are currently 1 sell rating, 5 hold ratings, 4 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Infinera.

What are Wall Street analysts saying about Infinera stock?

Here are some recent quotes from research analysts about Infinera stock:
  • 1. According to Zacks Investment Research, "Infinera provides Digital Optical Networking systems to telecommunications carriers, cable operators and other service providers worldwide. Infinera's large-scale photonic integrated circuit incorporates hundred Gigabits per second of transmit and receive capacity and the functionality of more than sixty discrete optical components into a pair of indium phosphide chips. Infinera's DTN system and PIC technology are designed to provide optical networks that provide operating simplicity, enhanced revenue generation, faster time-to-service and capital cost savings. " (1/15/2020)
  • 2. Rosenblatt Securities analysts commented, "We shift from cautionary to a more open-minded stance on INFN stock, looking for sustained revenue growth and margin expansion. We maintain our FY19 revenue/EPS estimates, maintain our FY20 revenue estimate, and reduce our FY20 earnings (by -$.07). We maintain our Neutral rating and our price target moves from $3 to $4." (8/8/2019)

Has Infinera been receiving favorable news coverage?

Media coverage about INFN stock has trended somewhat positive on Sunday, InfoTrie reports. The research firm identifies negative and positive media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Infinera earned a daily sentiment score of 2.0 on InfoTrie's scale. They also gave news coverage about the communications equipment provider a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the next several days. View News Stories for Infinera.

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), Chipotle Mexican Grill (CMG), Athabasca Oil (ATH), NIC (EGOV), Micron Technology (MU), Starbucks (SBUX), Aegean Marine Petroleum Network (ANW) and Baidu (BIDU).

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 number of of retail and institutional investors. Top institutional shareholders include FMR LLC (15.00%), Victory Capital Management Inc. (1.69%), Bank of America Corp DE (1.67%), Victory Capital Management Inc. (1.64%), Jacobs Levy Equity Management Inc. (1.06%) and Divisar Capital Management LLC (0.93%). 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.

Which institutional investors are selling Infinera stock?

INFN stock was sold by a variety of institutional investors in the last quarter, including Jefferies Group LLC, Formula Growth Ltd., Penserra Capital Management LLC, Divisar Capital Management LLC, Jane Street Group LLC, Manatuck Hill Partners LLC, Bank of America Corp DE and King Luther Capital Management Corp. View Insider Buying and Selling for Infinera.

Which institutional investors are buying Infinera stock?

INFN stock was purchased by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., Victory Capital Management Inc., Driehaus Capital Management LLC, Schonfeld Strategic Advisors LLC, Point72 Asset Management L.P., California Public Employees Retirement System, Jacobs Levy Equity Management Inc. and EAM Investors LLC. 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.

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, Robinhood, Fidelity and Charles Schwab.

What is Infinera's stock price today?

One share of INFN stock can currently be purchased for approximately $7.94.


MarketBeat Community Rating for Infinera (NASDAQ INFN)

Community Ranking:  2.7 out of 5 (star star)
Outperform Votes:  616 (Vote Outperform)
Underperform Votes:  529 (Vote Underperform)
Total Votes:  1,145
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 2/16/2020 by MarketBeat.com Staff

Featured Article: Analyst Ratings Trading

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel