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Biden To Unleash "Choke Point" Operation On America? (Ad)
Finnish leadership condemns attack on veteran lawmaker
Canada pledges Great Lakes funding after Trudeau-Biden talks
S&P 500   3,970.99
DOW   32,237.53
QQQ   310.89
Ukraine demands emergency UN meeting over Putin nuclear plan
Urgent Warning (Ad)
Travel disruption hits Germany on eve of transport strike
Ruling halts oil exports from Iraq's Kurdish area via Turkey
Biden To Unleash "Choke Point" Operation On America? (Ad)
Technical issues at Lufthansa cause delays in Frankfurt
Venezuela: 21 officials, businessmen arrested in oil scheme
Biden To Unleash "Choke Point" Operation On America? (Ad)
Finnish leadership condemns attack on veteran lawmaker
Canada pledges Great Lakes funding after Trudeau-Biden talks
S&P 500   3,970.99
DOW   32,237.53
QQQ   310.89
Ukraine demands emergency UN meeting over Putin nuclear plan
Urgent Warning (Ad)
Travel disruption hits Germany on eve of transport strike
Ruling halts oil exports from Iraq's Kurdish area via Turkey
Biden To Unleash "Choke Point" Operation On America? (Ad)
Technical issues at Lufthansa cause delays in Frankfurt
Venezuela: 21 officials, businessmen arrested in oil scheme
Biden To Unleash "Choke Point" Operation On America? (Ad)
Finnish leadership condemns attack on veteran lawmaker
Canada pledges Great Lakes funding after Trudeau-Biden talks
S&P 500   3,970.99
DOW   32,237.53
QQQ   310.89
Ukraine demands emergency UN meeting over Putin nuclear plan
Urgent Warning (Ad)
Travel disruption hits Germany on eve of transport strike
Ruling halts oil exports from Iraq's Kurdish area via Turkey
Biden To Unleash "Choke Point" Operation On America? (Ad)
Technical issues at Lufthansa cause delays in Frankfurt
Venezuela: 21 officials, businessmen arrested in oil scheme
Biden To Unleash "Choke Point" Operation On America? (Ad)
Finnish leadership condemns attack on veteran lawmaker
Canada pledges Great Lakes funding after Trudeau-Biden talks
NASDAQ:INFN

Infinera - INFN Stock Forecast, Price & News

$7.39
+0.20 (+2.78%)
(As of 03/24/2023 12:00 AM ET)
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Compare
Today's Range
$7.05
$7.41
50-Day Range
$6.83
$7.77
52-Week Range
$4.26
$9.01
Volume
3.07 million shs
Average Volume
3.36 million shs
Market Capitalization
$1.65 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$9.21

Infinera MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.60 Rating Score
Upside/​Downside
24.7% Upside
$9.21 Price Target
Short Interest
Bearish
18.40% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.31mentions of Infinera in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.01) to $0.21 Per Share

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 stars

Computer And Technology Sector

588th out of 612 stocks

Telephone & Telegraph Apparatus Industry

11th out of 11 stocks


INFN stock logo

About Infinera (NASDAQ:INFN) Stock

Infinera 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.

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INFN Stock News Headlines

Buy THIS stock before Taiwan is attacked
... If the United States goes to war with another nuclear armed superpower, this could have a devastating impact on your retirement portfolio. Now, even Taiwan's own foreign minister is saying that China is on the cusp of a full scale invasion. But the good news is, if China invades Taiwan, there is a way to protect yourself.
Fed's Shocking New Plan to Control Your Money
The 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. It's about every checking account, every purchase and every money transfer in America — including yours and mine. 
Infinera Full Year 2022 Earnings: Beats Expectations
Q4 2022 Infinera Corp Earnings Call
Infinera Receives “AA” ESG Rating From MSCI
Infinera Announces 2023 Investor Day
See More Headlines
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INFN Company Calendar

Last Earnings
2/23/2023
Today
3/26/2023
Next Earnings (Estimated)
5/02/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Telephone & telegraph apparatus
Sub-Industry
Communications Equipment
Current Symbol
NASDAQ:INFN
CUSIP
45667G10
Employees
3,267
Year Founded
2000

Price 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 Rating
Moderate Buy
Rating Score (0-4)
2.60
Research Coverage
5 Analysts

Profitability

Net Income
$-76,040,000.00
Pretax Margin
-3.53%

Debt

Sales & Book Value

Annual Sales
$1.57 billion
Cash Flow
$0.32 per share
Book Value
$0.82 per share

Miscellaneous

Free Float
216,382,000
Market Cap
$1.65 billion
Optionable
Optionable
Beta
1.37

Social Links


Key Executives

  • David W. Heard
    Chief Executive Officer & Director
  • Craig S. Cocchi
    Senior Vice President-Global Operations
  • Nancy Louise Erba
    Chief Financial Officer
  • David F. WelchDavid F. Welch
    Director & Chief Innovation Officer
  • Alexander Derecho
    Senior Vice President-Global Services













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 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).
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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