Infinera Stock Forecast, Price & News

10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Infinera in the last year. There are currently 1 sell rating, 5 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities 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 Wednesday, August 4th 2021.
View our earnings forecast for Infinera.

Infinera Co. (NASDAQ:INFN) released its earnings results on Monday, May, 3rd. The communications equipment provider reported ($0.03) earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of ($0.06) by $0.03. The communications equipment provider had revenue of $330.91 million for 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 firm's revenue was up .2% on a year-over-year basis. During the same quarter in the previous year, the firm earned ($0.27) earnings per share.
View Infinera's earnings history.

Infinera's stock was trading at $4.38 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, INFN shares have increased by 133.6% and is now trading at $10.23.
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Infinera updated its second quarter 2021 earnings guidance on Tuesday, May, 18th. The company provided earnings per share 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.

10 brokerages have issued 12-month target prices for Infinera's shares. Their forecasts range from $7.00 to $15.00. On average, they anticipate Infinera's share price to reach $10.15 in the next year. This suggests that the stock has a possible downside of 0.8%.
View analysts' price targets for Infinera or view top-rated stocks among Wall Street analysts.

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), Motorola Solutions (MSI), Palo Alto Networks (PANW), F5 Networks (FFIV), Juniper Networks (JNPR), Ciena (CIEN), Viasat (VSAT), Calix (CALX), InterDigital (IDCC), EchoStar (SATS), Extreme Networks (EXTR), NETGEAR (NTGR), Ribbon Communications (RBBN) and ADTRAN (ADTN).
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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 institutional and retail investors. Top institutional investors include Gilder Gagnon Howe & Co. LLC (6.29%), Brown Advisory Inc. (3.11%), Dimensional Fund Advisors LP (1.69%), Geode Capital Management LLC (1.50%), Neuberger Berman Group LLC (1.31%) and Victory Capital Management Inc. (1.24%). 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 Kennedy Capital Management Inc., Gilder Gagnon Howe & Co. LLC, Voloridge Investment Management LLC, Divisar Capital Management LLC, Dimensional Fund Advisors LP, Guggenheim Capital LLC, JPMorgan Chase & Co., and Cubist Systematic Strategies LLC. 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 acquired by a variety of institutional investors in the last quarter, including Brown Advisory Inc., Price T Rowe Associates Inc. MD, Woodline Partners LP, Baird Financial Group Inc., Royce & Associates LP, Geode Capital Management LLC, Renaissance Technologies LLC, and Millennium Management LLC. 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 $10.23.

Infinera has a market capitalization of $2.10 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]