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Infinera (INFN) Stock Forecast & Price Target

$6.07
-0.08 (-1.30%)
(As of 07/12/2024 ET)

Infinera - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Consensus Price Target

$7.55
24.38% Upside
High Forecast$10.00
Average Forecast$7.55
Low Forecast$6.00
TypeCurrent Forecast
7/14/23 to 7/13/24
1 Month Ago
6/14/23 to 6/13/24
3 Months Ago
4/15/23 to 4/14/24
1 Year Ago
7/14/22 to 7/14/23
Consensus Rating
Hold
Moderate Buy
Moderate Buy
Moderate Buy
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
1 Strong Buy rating(s)
1 Strong Buy rating(s)
Buy
3 Buy rating(s)
4 Buy rating(s)
3 Buy rating(s)
2 Buy rating(s)
Hold
4 Hold rating(s)
2 Hold rating(s)
2 Hold rating(s)
1 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
1 Sell rating(s)
Consensus Price Target$7.55$7.32$6.85$8.50
Forecasted Upside24.38% Upside45.35% Upside32.45% Upside35.96% Upside
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INFN Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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INFN Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Infinera Stock vs. The Competition

TypeInfineraComputer and Technology CompaniesS&P 500
Consensus Rating Score
2.43
2.61
2.50
Consensus RatingHoldModerate BuyModerate Buy
Predicted Upside24.38% Upside299.60% Upside9.17% Upside
News Sentiment RatingPositive News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
7/1/2024Craig Hallum
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C. Schwab
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Reiterated RatingBuy ➝ Hold$12.00 ➝ $6.65+8.84%
6/28/2024Morgan Stanley
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 Boost TargetEqual Weight ➝ Equal Weight$5.40 ➝ $6.65+7.61%
6/28/2024Needham & Company LLC
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R. Koontz
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Reiterated RatingBuy ➝ Hold
5/15/2024B. Riley
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 Reiterated RatingBuy ➝ Buy$9.00+57.62%
5/15/2024Stifel Nicolaus
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 Reiterated RatingBuy ➝ Buy$7.00+20.69%
8/25/2023Rosenblatt Securities
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 Reiterated RatingBuy ➝ Buy$6.00+50.00%
8/11/2023Jefferies Financial Group
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 UpgradeUnderperform ➝ Hold
5/4/2023Northland Securities
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 Lower Target$7.00 ➝ $6.00+8.89%
8/4/2022MKM Partners
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 Reiterated RatingBuy$9.00+77.17%
7/14/2022JPMorgan Chase & Co.
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 Lower TargetUnderweight$7.50 ➝ $6.50+16.70%
7/14/2022Citigroup
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 Lower Target$9.00 ➝ $6.50+16.70%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 06:26 PM ET.

INFN Forecast - Frequently Asked Questions

What is Infinera's forecast for 2024?

According to the research reports of 7 Wall Street equities research analysts, the average twelve-month stock price forecast for Infinera is $7.55, with a high forecast of $10.00 and a low forecast of $6.00.

Should I buy or sell Infinera stock right now?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Infinera in the last twelve months. There are currently 4 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" INFN shares. 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.

Does Infinera's stock price have much upside?

According to analysts, Infinera's stock has a predicted upside of 36.26% based on their 12-month stock forecasts.

What analysts cover Infinera?

Infinera has been rated by research analysts at B. Riley, Craig Hallum, Morgan Stanley, Needham & Company LLC, and Stifel Nicolaus in the past 90 days.

Do Wall Street analysts like Infinera more than its competitors?

Analysts like Infinera less than other "computer and technology" companies. The consensus rating for Infinera is Hold while the average consensus rating for "computer and technology" companies is Moderate Buy. Learn more on how INFN compares to other companies.


This page (NASDAQ:INFN) was last updated on 7/13/2024 by MarketBeat.com Staff

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