NASDAQ:INFN Infinera - INFN Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Infinera Co. Please log in to your account or sign up in order to add this asset to your watchlist. $7.39 +0.20 (+2.78%) (As of 03/24/2023 12:00 AM ET) Add Compare Share Share Today's Range$7.05▼$7.4150-Day Range$6.83▼$7.7752-Week Range$4.26▼$9.01Volume3.07 million shsAverage Volume3.36 million shsMarket Capitalization$1.65 billionP/E RatioN/ADividend YieldN/APrice Target$9.21 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Infinera MarketRank™ ForecastAnalyst RatingModerate Buy2.60 Rating ScoreUpside/Downside24.7% Upside$9.21 Price TargetShort InterestBearish18.40% of Shares Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.31Based on 4 Articles This WeekInsider TradingN/AProj. Earnings GrowthGrowingFrom ($0.01) to $0.21 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.36 out of 5 starsComputer And Technology Sector588th out of 612 stocksTelephone & Telegraph Apparatus Industry11th out of 11 stocks 2.3 Analyst's Opinion Consensus RatingInfinera has received a consensus rating of Buy. The company's average rating score is 2.60, and is based on 2 buy ratings, 1 hold rating, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $9.21, Infinera has a forecasted upside of 24.7% from its current price of $7.39.Amount of Analyst CoverageInfinera has only been the subject of 3 research reports in the past 90 days. Previous Next 0.0 Short Interest Percentage of Shares Shorted18.40% of the outstanding shares of Infinera have been sold short.Short Interest Ratio / Days to CoverInfinera has a short interest ratio ("days to cover") of 18.5, which indicates bearish sentiment.Change versus previous monthShort interest in Infinera has recently increased by 6.58%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldInfinera does not currently pay a dividend.Dividend GrowthInfinera does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for INFN. Previous Next 2.4 News and Social Media Coverage News SentimentInfinera has a news sentiment score of 0.31. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.55 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Infinera this week, compared to 2 articles on an average week.Search Interest6 people have searched for INFN on MarketBeat in the last 30 days. MarketBeat FollowsOnly 1 people have added Infinera to their MarketBeat watchlist in the last 30 days. This is a decrease of -75% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Infinera insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 2.82% of the stock of Infinera is held by insiders.Percentage Held by Institutions97.74% of the stock of Infinera is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Infinera are expected to grow in the coming year, from ($0.01) to $0.21 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Infinera is -19.97, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Infinera is -19.97, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioInfinera has a P/B Ratio of 9.01. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Infinera (NASDAQ:INFN) StockInfinera Corp. engages in the provision of networking solutions, which consists of networking equipment, software and services. It operates through the following geographical segments: United States, Other Americas, Europe, Middle East and Africa, and Asia Pacific and Japan. Its products include control and automation, network routers, packet optical, and compact modular. The company was founded by David F. Welch, Drew Daniel Perkins, and Jagdeep Singh in December 2000 and is headquartered in San Jose, CA.Read More Receive INFN Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Infinera and its competitors with MarketBeat's FREE daily newsletter. Email Address INFN Stock News HeadlinesMarch 20, 2023 | finance.yahoo.comEXA Infrastructure Deploys Infinera’s ICE6 Across New Low-latency Trans Adriatic ExpressMarch 15, 2023 | finance.yahoo.comHawaiki Achieves Record-breaking Performance on 15,000 km of Uncompensated Subsea Cable with Infinera ICE6March 26, 2023 | Behind the Markets (Ad)Buy THIS stock before Taiwan is attacked... 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But the good news is, if China invades Taiwan, there is a way to protect yourself.March 14, 2023 | finance.yahoo.comAustralia Japan Cable Trials Infinera’s Advanced Coherent Algorithms for Next-generation Optical EnginesMarch 14, 2023 | ca.finance.yahoo.comExclusive: Semiconductor manufacturer Infinera explores sale -sourceMarch 6, 2023 | finance.yahoo.comArelion and Infinera Set New Benchmark for 400G ZR+ Deployments in Live Network Field TrialMarch 6, 2023 | finance.yahoo.comInfinera and Corning Achieve World-record 400G Transmission Across 2,400 Kilometers with Infinera’s ICE-X QSFP-DD Coherent PluggableMarch 2, 2023 | finance.yahoo.comRyan Perera Joins Infinera as Senior Vice President of APAC SalesMarch 26, 2023 | Weiss Ratings (Ad)Fed's Shocking New Plan to Control Your MoneyThe Federal Reserve has a disturbing plan that is getting ready to roll out as soon as May. This is a lot more than printing trillions of dollars or manipulating interest rates. 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March 1, 2023 | finance.yahoo.com3 Stocks to Keep an Eye On in a Troubled Networking IndustryMarch 1, 2023 | finance.yahoo.comInfinera Unveils Portfolio of High-performance Coherent Optical Subsystems and Coherent Pluggable Optical EnginesMarch 1, 2023 | finance.yahoo.comInfinera Launches Its Next-generation 1.2 Tb/s ICE7 Optical Engine and Expansion of Its Industry-leading GX Compact Modular PlatformFebruary 26, 2023 | finance.yahoo.comInfinera Full Year 2022 Earnings: Beats ExpectationsFebruary 24, 2023 | finance.yahoo.comQ4 2022 Infinera Corp Earnings CallFebruary 24, 2023 | fool.comInfinera (INFN) Q4 2022 Earnings Call TranscriptFebruary 23, 2023 | finance.yahoo.comInfinera Corporation Reports Fourth Quarter and Fiscal 2022 Financial ResultsFebruary 12, 2023 | finance.yahoo.comInfinera Corporation (INFN) Stock Historical Prices & Data - Yahoo FinanceFebruary 8, 2023 | finance.yahoo.comInfinera to Announce Fiscal Fourth Quarter 2022 Financial Results on February 23, 2023January 17, 2023 | finance.yahoo.comLouisiana State University Deploys Infinera’s XTM and GX Series to Upgrade State’s Most Advanced Research and Education NetworkJanuary 14, 2023 | benzinga.comInfinera Stock (NASDAQ:INFN), Quotes and News SummaryJanuary 9, 2023 | finance.yahoo.comBeyond Technology Partners with Infinera to Successfully Deploy Multi-terabit Network to Support Bandwidth Demand During FIFA World Cup 2022December 28, 2022 | seekingalpha.comInfinera: Short-Term Pain, But ICE6 And Pluggables Should Drive Long-Term GrowthDecember 21, 2022 | finance.yahoo.comInfinera (INFN) Shows Fast-paced Momentum But Is Still a Bargain StockDecember 14, 2022 | finance.yahoo.comInfinera Receives “AA” ESG Rating From MSCINovember 30, 2022 | finance.yahoo.comInfinera Announces 2023 Investor DayNovember 28, 2022 | finance.yahoo.comInfinera to Participate in Raymond James Technology Investors ConferenceNovember 16, 2022 | finance.yahoo.comGBI Deploys Infinera’s ICE6 800G Optical Engine to Boost Capacity Ahead of the World CupSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive INFN Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Infinera and its competitors with MarketBeat's FREE daily newsletter. Email Address INFN Company Calendar Last Earnings2/23/2023Today3/26/2023Next Earnings (Estimated)5/02/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Telephone & telegraph apparatus Sub-IndustryCommunications Equipment SectorComputer and Technology Current SymbolNASDAQ:INFN CUSIP45667G10 CIK1138639 Webwww.infinera.com Phone(408) 572-5200Fax302-636-5454Employees3,267Year Founded2000Price Target and Rating Average Stock Price Forecast$9.21 High Stock Price Forecast$15.00 Low Stock Price Forecast$6.50 Forecasted Upside/Downside+24.7%Consensus RatingModerate Buy Rating Score (0-4)2.60 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)($0.37) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-76,040,000.00 Net Margins-4.83% Pretax Margin-3.53% Return on Equity-21.63% Return on Assets-2.05% Debt Debt-to-Equity Ratio3.72 Current Ratio1.61 Quick Ratio1.08 Sales & Book Value Annual Sales$1.57 billion Price / Sales1.05 Cash Flow$0.32 per share Price / Cash Flow23.38 Book Value$0.82 per share Price / Book9.01Miscellaneous Outstanding Shares222,660,000Free Float216,382,000Market Cap$1.65 billion OptionableOptionable Beta1.37 Social Links Key ExecutivesDavid W. HeardChief Executive Officer & DirectorCraig S. CocchiSenior Vice President-Global OperationsNancy Louise ErbaChief Financial OfficerDavid F. WelchDirector & Chief Innovation OfficerAlexander DerechoSenior Vice President-Global ServicesKey CompetitorsNETGEARNASDAQ:NTGRClearfieldNASDAQ:CLFDAudioCodesNASDAQ:AUDCFabrinetNYSE:FNHello GroupNASDAQ:MOMOView All CompetitorsInsiders & InstitutionsVictory Capital Management Inc.Bought 642,689 shares on 3/10/2023Ownership: 1.517%Voya Investment Management LLCSold 179,748 shares on 2/28/2023Ownership: 0.220%NatixisSold 253,000 shares on 2/24/2023Ownership: 0.043%Kovack Advisors Inc.Bought 2,496 shares on 2/22/2023Ownership: 0.138%AIGH Capital Management LLCBought 824,971 shares on 2/16/2023Ownership: 0.375%View All Insider TransactionsView All Institutional Transactions INFN Stock - Frequently Asked Questions Should I buy or sell Infinera stock right now? 5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Infinera in the last twelve months. There are currently 1 sell rating, 1 hold rating, 2 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" INFN shares. View INFN analyst ratings or view top-rated stocks. What is Infinera's stock price forecast for 2023? 5 equities research analysts have issued twelve-month price targets for Infinera's shares. Their INFN share price forecasts range from $6.50 to $15.00. On average, they expect the company's share price to reach $9.21 in the next year. This suggests a possible upside of 24.7% from the stock's current price. View analysts price targets for INFN or view top-rated stocks among Wall Street analysts. How have INFN shares performed in 2023? Infinera's stock was trading at $6.74 on January 1st, 2023. Since then, INFN shares have increased by 9.6% and is now trading at $7.39. View the best growth stocks for 2023 here. When is Infinera's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 2nd 2023. View our INFN earnings forecast. How were Infinera's earnings last quarter? Infinera Co. (NASDAQ:INFN) issued its quarterly earnings data on Thursday, February, 23rd. The communications equipment provider reported $0.16 earnings per share for the quarter, beating analysts' consensus estimates of $0.08 by $0.08. The communications equipment provider earned $485.90 million during the quarter, compared to the consensus estimate of $436.06 million. Infinera had a negative net margin of 4.83% and a negative trailing twelve-month return on equity of 21.63%. The business's quarterly revenue was up 21.4% on a year-over-year basis. During the same quarter last year, the business posted ($0.03) EPS. What ETFs hold Infinera's stock? ETFs with the largest weight of Infinera (NASDAQ:INFN) stock in their portfolio include iShares North American Tech-Multimedia Networking ETF (IGN), Invesco Dynamic Networking ETF (PXQ), SPDR S&P Telecom ETF (XTL), Defiance Next Gen Connectivity ETF (FIVG), Invesco Nasdaq Future Gen 200 ETF (QQQS), First Trust Small Cap Growth AlphaDEX Fund (FYC), First Trust Small Cap Core AlphaDEX Fund (FYX) and Pacer Data and Digital Revolution ETF (TRFK). What guidance has Infinera issued on next quarter's earnings? Infinera issued an update on its first quarter 2023 earnings guidance on Thursday, February, 23rd. The company provided EPS guidance of -$0.06-$0.02 for the period, compared to the consensus EPS estimate of $0.02. The company issued revenue guidance of $365.00 million-$395.00 million, compared to the consensus revenue estimate of $384.00 million. What is David Heard's approval rating as Infinera's CEO? 5 employees have rated Infinera Chief Executive Officer David Heard on Glassdoor.com. David Heard has an approval rating of 68% among the company's employees. 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 (ATH), NIC (EGOV), Starbucks (SBUX), Advanced Micro Devices (AMD) and Intel (INTC). 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 variety of retail and institutional investors. Top institutional shareholders include Shapiro Capital Management LLC (6.77%), Brown Advisory Inc. (5.13%), Barrow Hanley Mewhinney & Strauss LLC (2.31%), Millennium Management LLC (1.95%), Assenagon Asset Management S.A. (1.69%) and Geode Capital Management LLC (1.65%). Insiders that own company stock include Christine Bucklin, David F Welch, David W Heard, George Andrew Riedel, Hooshmand Kambiz, Mark A Wegleitner, Michael H Fernicola, Michael H Fernicola, Nicholas Walden, Paul J Milbury and Thomas J Fallon. View institutional ownership trends. How do I buy shares of Infinera? Shares of INFN stock 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. Compare Top Brokerages Here. What is Infinera's stock price today? One share of INFN stock can currently be purchased for approximately $7.39. How much money does Infinera make? Infinera (NASDAQ:INFN) has a market capitalization of $1.65 billion and generates $1.57 billion in revenue each year. The communications equipment provider earns $-76,040,000.00 in net income (profit) each year or ($0.37) on an earnings per share basis. How many employees does Infinera have? The company employs 3,267 workers across the globe. Does Infinera have any subsidiaries? The following companies are subsidiares of Infinera: Big Bear Networks, Coriant, Infinera Optical Holding Inc. (Delaware), Infinera Optical Networks Inc. (Delaware), International Telecom Holdings S.à r.l. (Luxembourg), Tellabs Enterprises B.V. (Netherlands), Tellabs Holdings B.V. (Netherlands), Transmode AB, Transmode Systems AB (Sweden), and Xieon Networks S.a.r.l. (Luxembourg).Read More How can I contact Infinera? Infinera's mailing address is 140 CASPIAN COURT, SUNNYVALE CA, 94089. The official website for the company is www.infinera.com. The communications equipment provider can be reached via phone at (408) 572-5200, via email at jhustis@infinera.com, or via fax at 302-636-5454. This page (NASDAQ:INFN) was last updated on 3/26/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. 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