NASDAQ:INFN Infinera (INFN) Stock Price, News & Analysis $6.72 -0.02 (-0.30%) (As of 10/17/2024 ET) Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends About Infinera Stock (NASDAQ:INFN) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Get Infinera alerts:Sign Up Key Stats Today's Range$6.66▼$6.7750-Day Range$5.63▼$6.8952-Week Range$2.82▼$6.92Volume953,975 shsAverage Volume5.35 million shsMarket Capitalization$1.57 billionP/E RatioN/ADividend YieldN/APrice Target$7.09Consensus RatingHold Company OverviewInfinera 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.Read More… The real reason Elon is fully endorsing Trump (Ad)Elon Musk is one of mankind’s greatest innovators. But for all his visionary prowess and contributions to humanity, there is a war being waged on Elon Musk. This war has nothing to do with X, Elon’s stance on immigration or his support for Donald Trump. Watch this new documentary and you’ll discover what Elon knows, Infinera Stock Analysis - MarketRank™See Top Rated MarketRank™ Stocks14th Percentile Overall ScoreINFN MarketRank™: Infinera scored higher than 14% of companies evaluated by MarketBeat, and ranked 619th out of 658 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion1.1 / 5Analyst RatingHold Consensus RatingInfinera has received a consensus rating of Hold. The company's average rating score is 2.13, and is based on 2 buy ratings, 5 hold ratings, and 1 sell rating.Amount of Analyst CoverageInfinera has only been the subject of 4 research reports in the past 90 days.Read more about Infinera's stock forecast and price target. Earnings and Valuation0.6 / 5Proj. Earnings GrowthGrowing Earnings GrowthEarnings for Infinera are expected to grow in the coming year, from ($0.17) to $0.21 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Infinera is -14.61, 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 -14.61, 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 7.07. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about Infinera's valuation and earnings. Short Interest2.0 / 5Short Interest LevelBearish Percentage of Shares Shorted15.00% 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 3.8, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Infinera has recently increased by 4.71%, indicating that investor sentiment is decreasing. Dividend0.0 / 5Dividend StrengthN/A Dividend YieldInfinera does not currently pay a dividend.Dividend GrowthInfinera does not have a long track record of dividend growth. Sustainability and ESGN/AEnvironmental ScoreN/A Percentage of Shares Shorted15.00% 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 3.8, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Infinera has recently increased by 4.71%, indicating that investor sentiment is decreasing. News and Social Media2.5 / 5News Sentiment0.56 News SentimentInfinera has a news sentiment score of 0.56. 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 news sentiment score is similar to the average news sentiment of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 8 news articles for Infinera this week, compared to 4 articles on an average week.Search Interest5 people have searched for INFN on MarketBeat in the last 30 days. This is an increase of 25% compared to the previous 30 days. Company Ownership1.7 / 5Insider TradingN/A Insider Buying vs. Insider SellingIn the past three months, Infinera insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 1.42% of the stock of Infinera is held by insiders.Percentage Held by Institutions97.54% of the stock of Infinera is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Infinera's insider trading history. 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 HeadlinesDon’t Sleep on Nokia: Quietly Accelerating Into Infinera Merger (INFN)Nokia provides network infrastructure solutions to telecoms, mobile network operators, hyperscalers, and cloud and service providers.October 15 at 8:00 AM | marketbeat.comCiena Stock Powers the AI Cloud Boom—Don’t Miss Out (INFN)Ciena Co. (NYSE: CIEN) can be considered a legacy company in the computer and technology sector when it comes to the Internet.October 7, 2024 | marketbeat.comCrypto’s next big bull run?Juan Villaverde may be America’s top crypto expert. And he says something big is coming for crypto – on November 5. Just a day after the American election, Juan believes crypto could start a massive run up …October 17, 2024 | Weiss Ratings (Ad)Infinera to Get $93 Million Chips Act Funding for Optical ChipsOctober 17 at 11:11 AM | marketwatch.comInfinera to get up to $93M in CHIPS Act fundingOctober 17 at 11:11 AM | msn.comInfinera Signs Non-Binding Preliminary Memorandum of Terms to Receive Up to $93 Million in CHIPS Act FundingOctober 17 at 5:05 AM | globenewswire.comInfinera (NASDAQ:INFN) Rating Increased to Hold at StockNews.comOctober 15 at 1:53 AM | americanbankingnews.comAnalysts Set Infinera Co. (NASDAQ:INFN) Target Price at $7.09October 9, 2024 | americanbankingnews.comSee More Headlines INFN Stock Analysis - Frequently Asked Questions How have INFN shares performed this year? Infinera's stock was trading at $4.75 at the beginning of the year. Since then, INFN stock has increased by 41.5% and is now trading at $6.72. View the best growth stocks for 2024 here. How were Infinera's earnings last quarter? Infinera Co. (NASDAQ:INFN) released its quarterly earnings data on Friday, August, 2nd. The communications equipment provider reported ($0.06) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.08) by $0.02. Infinera's quarterly revenue was down 8.9% on a year-over-year basis. Does Infinera have any subsidiaries? The following companies are subsidiaries of Infinera: Coriant, Transmode AB, Big Bear Networks, Infinera Optical Holding Inc. (Delaware), Infinera Optical Networks Inc. (Delaware), International Telecom Holdings S.à r.l. (Luxembourg), Tellabs Enterprises B.V. (Netherlands), and others. Who are Infinera's major shareholders? Infinera's top institutional investors include Handelsbanken Fonder AB (0.04%), SG Americas Securities LLC (0.04%), Inspire Investing LLC (0.03%) and Creative Planning (0.01%). Insiders that own company stock include David W Heard, Michael H Fernicola, Paul J Milbury, David F Welch and Nicholas Walden. 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. What other stocks do shareholders of Infinera own? Based on aggregate information from My MarketBeat watchlists, some other companies that Infinera investors own include NVIDIA (NVDA), Advanced Micro Devices (AMD), Micron Technology (MU), Tesla (TSLA), Meta Platforms (META), Intel (INTC) and Xtrackers California Municipal Bond ETF (CA). Company Calendar Last Earnings8/02/2024Today10/17/2024Fiscal Year End12/31/2024Next Earnings (Estimated)3/06/2025Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorComputer and Technology Industry Telephone & telegraph apparatus Sub-IndustryCommunications Equipment Current SymbolNASDAQ:INFN CUSIP45667G10 CIK1138639 Webwww.infinera.com Phone(408) 572-5200Fax302-636-5454Employees3,389Year Founded2000Price Target and Rating Average Stock Price Target$7.09 High Stock Price Target$10.00 Low Stock Price Target$6.00 Potential Upside/Downside+5.4%Consensus RatingHold Rating Score (0-4)2.13 Research Coverage8 Analysts Profitability EPS (Most Recent Fiscal Year)($0.34) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-25,210,000.00 Net Margins-7.10% Pretax Margin-6.94% Return on Equity-31.63% Return on Assets-3.45% Debt Debt-to-Equity Ratio5.02 Current Ratio1.57 Quick Ratio0.94 Sales & Book Value Annual Sales$1.50 billion Price / Sales1.05 Cash Flow$0.33 per share Price / Cash Flow20.42 Book Value$0.95 per share Price / Book7.07Miscellaneous Outstanding Shares234,290,000Free Float232,425,000Market Cap$1.57 billion OptionableOptionable Beta1.72 Social Links 5G Stocks: The Path Forward is ProfitableClick the link below and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise. 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