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Infinera (INFN)
NASDAQ:INFN
Holding INFN?
Track your performance easily
INFN Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$3.79 - $6.92
Previous Close$6.61
Volume769.15K
Average Volume (3M)6.77M
Market Cap
$1.57B
Enterprise Value$2.17B
Total Cash (Recent Filing)$115.09M
Total Debt (Recent Filing)$722.24M
Price to Earnings (P/E)―
Beta1.60
Next Earnings
Feb 20, 2025EPS Estimate
$0.1Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.48
Shares Outstanding236,802,325
10 Day Avg. Volume864,153
30 Day Avg. Volume6,768,677
Standard Deviation0.15
R-Squared0.34
Alpha-0.00593
Financial Highlights & Ratios
Price to Book (P/B)11.60
Price to Sales (P/S)1.08
Price to Cash Flow (P/CF)8.80
P/FCF Ratio19.20
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.49
Enterprise Value/Gross Profit3.42
Enterprise Value/Ebitda-100.18
Forecast
1Y Price Target
$6.65Price Target Upside0.15% Upside
Rating ConsensusHold
Number of Analyst Covering2
Infinera News
PremiumCompany Announcements
Infinera Corp’s Q3 2024 Financial Performance Report
PremiumPre-Earnings
Is INFN a Buy, Before Earnings?
Bulls Say, Bears Say
Bulls Say
Financial PerformanceGross Margin increased slightly and is expected to sustain at 40% or higher going forward.
Industry StrengthICP commentary highlighting strength is a positive into CIEN's FQ1 in a few weeks, though largely expected.
Market PositionThe company continues to have strong design win momentum across various verticals, including Internet Content Providers.
Bears Say
Customer Segment WeaknessOverall INFN revenue declined 10% Y/Y as the ICP vertical grew 34% Y/Y, offset by Tier 1 service provider exposure contracting 39% Y/Y and other service providers contracting 18% Y/Y.
Market Share ConcernsOther equipment suppliers noted slower recoveries in telco spending, but most saw Q3 up Q/Q, meaning there could also be some share loss.
Revenue PerformanceInfinera's 3Q revenue declined 9.7% year over year and fell below consensus expectations.
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Ownership Overview
1.56% Insiders
23.52% Mutual Funds
28.05% Other Institutional Investors
29.53% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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INFN FAQ
What was Infinera’s price range in the past 12 months?
Infinera lowest stock price was $3.79 and its highest was $6.92 in the past 12 months.
What is Infinera’s market cap?
Currently, no data Available
When is Infinera’s upcoming earnings report date?
Infinera’s upcoming earnings report date is Feb 20, 2025 which is in 89 days.
How were Infinera’s earnings last quarter?
Infinera released its earnings results on Nov 05, 2024. The company reported $0 earnings per share for the quarter, missing the consensus estimate of $0.067 by -$0.067.
Is Infinera overvalued?
According to Wall Street analysts Infinera’s price is currently Undervalued.
Does Infinera pay dividends?
Infinera does not currently pay dividends.
What is Infinera’s EPS estimate?
Infinera’s EPS estimate is $0.1.
How many shares outstanding does Infinera have?
Infinera has 236,802,320 shares outstanding.
What happened to Infinera’s price movement after its last earnings report?
Infinera reported an EPS of $0 in its last earnings report, missing expectations of $0.067. Following the earnings report the stock price went down -0.149%.
Which hedge fund is a major shareholder of Infinera?
Among the largest hedge funds holding Infinera’s share is Gamco Investors, Inc. ET AL. It holds Infinera’s shares valued at 531K.
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Infinera Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Hold
Average Price Target:
$6.65 (0.15% Upside)
$6.65 (0.15% Upside)
Blogger Sentiment
Neutral
INFN Sentiment 50%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Decreased
By 1.5M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 4.2%
Last 30 Days ▼ 3.9%
Last 30 Days ▼ 3.9%
Technicals
SMA
Positive
20 days / 200 days
Momentum
59.66%
12-Months-Change
Fundamentals
Return on Equity
-70.54%
Trailing 12-Months
Asset Growth
-3.99%
Trailing 12-Months
Company Description
Infinera
Infinera Corp. engages in the provision of optical transport networking equipment, software, and services to telecommunications carriers. Its products include long-haul and subsea, metro networks, data center interconnect, and software. The company was founded by David F. Welch, Drew Daniel Perkins, and Jagdeep Singh in December 2000, and is headquartered in Sunnyvale, CA.
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INFN Company Deck
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INFN Earnings Call
Q1 2024
0:00 / 0:00
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INFN Stock 12 Month Forecast
Average Price Target
$6.65
▲(0.15% Upside)
Technical Analysis
Best Analysts Covering INFN
1 Year
1 Year Success Rate
4/7 ratings generated profit
1 Year Average Return
-4.64%
reiterated a sell rating 4 months ago
Copying Samik Chatterjee's trades and holding each position for 1 Year would result in 57.14% of your transactions generating a profit, with an average return of -4.64% per trade.
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