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DOW   39,807.37
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S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
Delta Airline’s Put Option Activity Isn’t Bad News
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
Delta Airline’s Put Option Activity Isn’t Bad News
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
Delta Airline’s Put Option Activity Isn’t Bad News
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
NASDAQ:INFN

Infinera (INFN) Stock Price, News & Analysis

$6.03
+0.52 (+9.44%)
(As of 03/28/2024 ET)
Today's Range
$5.35
$6.04
50-Day Range
$4.45
$6.03
52-Week Range
$2.82
$7.80
Volume
9.95 million shs
Average Volume
3.19 million shs
Market Capitalization
$1.40 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$6.85

Infinera MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.83 Rating Score
Upside/​Downside
13.6% Upside
$6.85 Price Target
Short Interest
Bearish
19.80% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.51mentions of Infinera in the last 14 days
Based on 5 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.49 out of 5 stars

Computer And Technology Sector

558th out of 590 stocks

Telephone & Telegraph Apparatus Industry

10th out of 10 stocks

INFN stock logo

About Infinera Stock (NASDAQ:INFN)

Infinera Corporation provides optical transport networking equipment, software, and services worldwide. The company's product portfolio includes Infinera Groove series for modular and sled-based platforms to support a various transport network applications; Infinera 7300 series, an SDN-ready coherent optical transport system; Infinera FlexILS open optical line system that connects various Infinera and third-party terminal equipment platforms over long-distance fiber optic cable providing switching, multiplexing, amplification, and management channels; and Infinera 7090 and 7100 series for transport platforms. It also offers Infinera XTM series, a packet-optical transport platform that enables metro connectivity solutions; Infinera XTC series, a multi-terabit packet optical transport platforms that integrates digital OTN switching and optical DWDM transmission; Infinera mTera series, a network transport solution; and Infinera XT series, a platform that is designed to power cloud scale network services over metro, DCI, long-haul, and subsea networks. In addition, the company provides Infinera Cloud Xpress Family that is designed to meet the needs of internet content providers (ICPs), communication service providers, internet exchange service providers, enterprises, and other large-scale data center operators; and ICE-X Coherent Pluggable Optics. It also offers Infinera Transcend software suite; and system software and customer support services. The company serves telecommunications service providers, ICPs, cable providers, wholesale carriers, research and education institutions, large enterprises, and government entities. It markets and sells its products and related support services primarily through its direct sales force. The company was formerly known as Zepton Networks. Infinera Corporation was incorporated in 2000 and is headquartered in San Jose, California.

INFN Stock Price History

INFN Stock News Headlines

Top Project Outperforms BTC in 2023…
According to a recently published report… One DeFi protocol boasted gains over 100% during one of the biggest crashes the crypto market has ever seen. And now, this crypto coin is set to soar in the parabolic bull run projected in 2024.
INFN Jan 2025 5.000 put
INFN Dec 2025 3.000 call
Top Project Outperforms BTC in 2023…
According to a recently published report… One DeFi protocol boasted gains over 100% during one of the biggest crashes the crypto market has ever seen. And now, this crypto coin is set to soar in the parabolic bull run projected in 2024.
INFN Dec 2025 4.000 call
INFN Jan 2025 5.000 call
Why Infinera Stock Flopped Today
INFN Mar 2024 8.000 call
Infinera Q4 2023 Earnings Preview
See More Headlines
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Company Calendar

Last Earnings
2/29/2024
Today
3/28/2024
Fiscal Year End
12/31/2024

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 Target
$6.85
High Stock Price Target
$10.00
Low Stock Price Target
$4.60
Potential Upside/Downside
+13.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.83
Research Coverage
6 Analysts

Profitability

Net Income
$-76,040,000.00
Pretax Margin
0.72%

Debt

Sales & Book Value

Annual Sales
$1.57 billion
Cash Flow
$0.37 per share
Book Value
$0.82 per share

Miscellaneous

Free Float
228,691,000
Market Cap
$1.40 billion
Optionable
Optionable
Beta
1.56

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Key Executives


INFN Stock Analysis - Frequently Asked Questions

Should I buy or sell Infinera stock right now?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Infinera in the last year. There are currently 2 hold ratings, 3 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" INFN shares.
View INFN analyst ratings
or view top-rated stocks.

What is Infinera's stock price target for 2024?

6 Wall Street research analysts have issued 1 year target prices for Infinera's stock. Their INFN share price targets range from $4.60 to $10.00. On average, they expect the company's stock price to reach $6.85 in the next twelve months. This suggests a possible upside of 13.6% 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 2024?

Infinera's stock was trading at $4.75 at the beginning of the year. Since then, INFN stock has increased by 26.9% and is now trading at $6.03.
View the best growth stocks for 2024 here
.

How were Infinera's earnings last quarter?

Infinera Co. (NASDAQ:INFN) posted its quarterly earnings data on Thursday, February, 29th. The communications equipment provider reported $0.02 earnings per share for the quarter. The communications equipment provider earned $392.37 million during the quarter. Infinera had a negative net margin of 0.28% and a positive trailing twelve-month return on equity of 1.73%.

What ETFs hold Infinera's stock?

ETFs with the largest weight of Infinera (NASDAQ:INFN) stock in their portfolio include iShares U.S. Digital Infrastructure and Real Estate ETF (IGN).SPDR S&P Telecom ETF (XTL).

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

Infinera updated its fourth quarter 2023 earnings guidance on Friday, March, 8th. The company provided EPS guidance of 0.070-0.130 for the period, compared to the consensus estimate of 0.100. The company issued revenue guidance of $435.0 million-$452.0 million, compared to the consensus revenue estimate of $443.6 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 Xtrackers California Municipal Bond ETF (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).

Who are Infinera's major shareholders?

Infinera's stock is owned by a variety of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (10.91%), Vanguard Group Inc. (10.69%), Brown Advisory Inc. (6.62%), Northern Trust Corp (0.82%), Point72 Asset Management L.P. (0.71%) and Charles Schwab Investment Management Inc. (0.69%). Insiders that own company stock include Christine Bucklin, David F Welch, David W Heard, George Andrew Riedel, 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

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
This page (NASDAQ:INFN) was last updated on 3/29/2024 by MarketBeat.com Staff

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