NASDAQ:INFN Infinera (INFN) Stock Price, News & Analysis $6.24 +0.03 (+0.48%) (As of 09/6/2024 ET) Add Compare Share Share Today's Range$6.16▼$6.2650-Day Range$5.63▼$6.2952-Week Range$2.82▼$6.62Volume7.44 million shsAverage Volume4.15 million shsMarket Capitalization$1.46 billionP/E RatioN/ADividend YieldN/APrice Target$7.09 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Infinera alerts: Email Address Infinera MarketRank™ Stock AnalysisAnalyst RatingHold2.13 Rating ScoreUpside/Downside13.6% Upside$7.09 Price TargetShort InterestHealthy15.55% of Shares Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.61Based on 3 Articles This WeekInsider TradingN/AProj. Earnings GrowthGrowingFrom ($0.17) to $0.21 Per ShareSee Full Details Hide Full Details 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.1.93 out of 5 starsComputer And Technology Sector443rd out of 594 stocksTelephone & Telegraph Apparatus Industry8th out of 10 stocks 3.1 Analyst's Opinion 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 been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Infinera's stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted15.55% 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 6.6.Change versus previous monthShort interest in Infinera has recently decreased by 15.75%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldInfinera does not currently pay a dividend.Dividend GrowthInfinera does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for INFN. Previous Next 2.6 News and Social Media Coverage News SentimentInfinera has a news sentiment score of 0.61. 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 is a higher news sentiment than the 0.49 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Infinera this week, compared to 4 articles on an average week.Search Interest4 people have searched for INFN on MarketBeat in the last 30 days. This is an increase of 33% compared to the previous 30 days. Previous Next 1.7 Company Ownership 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. Previous Next 0.6 Earnings and Valuation 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 -18.35, 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 -18.35, 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 11.14. 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. Previous Next See Top Rated MarketRank™ Stocks Here Ad Deal MakerThe solution to fast food’s wage hike crisisShake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase, according to the NY Post. With a sky-high 150% turnover rate, the fast food industry is already grappling with labor issues before taking into account these wage hikes. The industry will need a projected 1 million new workers every year through 2032.Learn more about this much-needed advancement and investment opportunity here. 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.Read More INFN Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart INFN Stock News HeadlinesSeptember 4 at 3:21 AM | americanbankingnews.comInfinera (NASDAQ:INFN) Coverage Initiated by Analysts at StockNews.comAugust 28, 2024 | americanbankingnews.comInfinera (NASDAQ:INFN) Now Covered by StockNews.comSeptember 7, 2024 | Behind the Markets (Ad)The $15 "Insider Secret" That Could Save Your RetirementWhat if I told you there's a $15 stock that a billionaire insider just poured $47 MILLION into? That's right. You can grab shares of this potential retirement-maker for less than you'd pay for lunch.August 27, 2024 | finance.yahoo.comInfinera Corporation (INFN)August 22, 2024 | markets.businessinsider.comSHAREHOLDER NOTICE: Brodsky & Smith Announces an Investigation of Infinera Corporation (INFN)August 18, 2024 | finance.yahoo.comINFN Sep 2024 5.000 call (INFN240920C00005000)August 12, 2024 | msn.comNokia pulls, will refile HSR notification for Infinera deal to give DOJ more timeAugust 10, 2024 | finance.yahoo.comWhen Will Infinera Corporation (NASDAQ:INFN) Become Profitable?September 7, 2024 | Behind the Markets (Ad)The $15 "Insider Secret" That Could Save Your RetirementWhat if I told you there's a $15 stock that a billionaire insider just poured $47 MILLION into? That's right. You can grab shares of this potential retirement-maker for less than you'd pay for lunch.August 6, 2024 | markets.businessinsider.comStifel Nicolaus Keeps Their Hold Rating on Infinera (INFN)August 6, 2024 | benzinga.comEvaluating Infinera: Insights From 7 Financial AnalystsAugust 6, 2024 | msn.comRosenblatt Downgrades Infinera (INFN)August 3, 2024 | marketwatch.comOmega Reports Second Quarter 2024 Results and Recent DevelopmentsAugust 2, 2024 | globenewswire.comInfinera Corporation Reports Second Quarter 2024 Financial ResultsJuly 31, 2024 | stockhouse.comGARR Selects Infinera's GX Series to Double Capacity of Italy's Research & Education NetworkJuly 29, 2024 | markets.businessinsider.comGARR Selects Infinera’s GX Series to Double Capacity of Italy’s Research & Education NetworkJuly 22, 2024 | nz.finance.yahoo.comInfinera Corp (IX6.DU)July 3, 2024 | prnewswire.comSHAREHOLDER ALERT: The M&A Class Action Firm Investigates Merger of Infinera Corporation - INFNSee More Headlines 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 Company Calendar Last Earnings8/02/2024Today9/07/2024Fiscal 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+13.6%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 / Sales0.98 Cash Flow$0.32 per share Price / Cash Flow19.32 Book Value$0.56 per share Price / Book11.14Miscellaneous Outstanding Shares234,290,000Free Float230,963,000Market Cap$1.46 billion OptionableOptionable Beta1.64 Social Links The Best High-Yield Dividend Stocks for 2024Looking to generate income with your stock portfolio? Use these ten stocks to generate a safe and reliable source of investment income.Get This Free Report Key ExecutivesMr. David W. Heard (Age 56)CEO & Director Comp: $1.41MDr. David F. Welch Ph.D. (Age 63)Co-Founder, Chief Innovation Officer & Director Comp: $225.27kMs. Nancy L. Erba (Age 57)Chief Financial Officer Comp: $811.45kMr. David L. Teichmann (Age 67)Chief Legal Officer & Corporate Secretary Comp: $544.08kMr. Nicholas R. Walden (Age 52)Senior Vice President of Worldwide Sales Comp: $671.24kMr. Craig S. Cocchi (Age 59)Senior Vice President of Global Operations Mr. Michael H. Fernicola (Age 52)Chief Accounting Officer Mr. Amitabh PassiHead of Investor RelationsMr. Russ EsmacherSenior VP of Strategy, Marketing & Corporate DevelopmentMr. Brett Hooper (Age 60)Chief Human Resources Officer More ExecutivesKey CompetitorsAvayaNYSE:AVYAEchoStarNASDAQ:SATSInterDigitalNASDAQ:IDCCCalixNYSE:CALXViasatNASDAQ:VSATView All CompetitorsInstitutional OwnershipPoint72 Asset Management L.P.Sold 1,539,940 shares on 8/19/2024Ownership: 0.342%Water Island Capital LLCBought 1,510,000 shares on 8/16/2024Ownership: 0.645%Algert Global LLCBought 20,937 shares on 8/16/2024Ownership: 0.009%Susquehanna Fundamental Investments LLCSold 2,335 shares on 8/15/2024Ownership: 0.053%Dark Forest Capital Management LPSold 2,020 shares on 8/15/2024Ownership: 0.023%View All Institutional Transactions 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 2024. Since then, INFN shares have increased by 31.4% and is now trading at $6.24. 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 Friday, August, 2nd. The communications equipment provider reported ($0.06) earnings per share for the quarter, beating analysts' consensus estimates of ($0.08) by $0.02. The firm's revenue for the quarter was down 8.9% compared to the same quarter last year. 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. 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? Top institutional shareholders of Infinera include Shapiro Capital Management LLC (6.47%), Barrow Hanley Mewhinney & Strauss LLC (4.72%), Paradigm Capital Management Inc. NY (2.13%) and Hood River Capital Management LLC (2.03%). 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 Xtrackers California Municipal Bond ETF (CA), Endologix (ELGX), BlackRock (BLK), Micron Technology (MU), Chipotle Mexican Grill (CMG), Athabasca Oil (ATH) and NIC (EGOV). This page (NASDAQ:INFN) was last updated on 9/7/2024 by MarketBeat.com Staff From Our PartnersPerfect Crypto Buying Opportunity for 50 CentsWhen cryptos take a hit, the mom and pop investors run for the hills. But the top investors keep buying wit...Crypto 101 Media | SponsoredThe solution to fast food’s wage hike crisisShake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase,...Deal Maker | SponsoredPre-IPO| 32,481% Growth: First Disruption to $martphones in 15 Years🤳45M Users | 32,481% Growth Rate Get in on the biggest disruption to smartphones in over a decade. Reg A inv...Mode Mobile | SponsoredBiden’s Capital Gains Tax to Devastate Savings!Don't let the corrupt elites dictate your future—ACT NOW! This guide is your first step towards financial inde...Golden Crest | SponsoredTim Sykes’ Urgent Trade Alert: “Make this move now”WARNING: 80 Wall Street banks are gearing up for MASSIVE D.C. shock This $2 trillion D.C. shock is NOT abou...Timothy Sykes | SponsoredSay Goodbye to the US DollarThe warning signs are everywhere… According to experts, the United States Dollar is "as good as doomed." ...Sasco Gold LLC | SponsoredChina Stockpiling Gold “Like No Tomorrow”For 18 consecutive months, China’s central bank has increased its gold reserve. The country, with a populat...True Gold Republic | SponsoredMy grim warning about AI stocksToday, I’m warning of another looming catastrophe. Only this time, it’s not in pot stocks, cryptos, or U.S....Porter & Company | Sponsored Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Infinera Co. Please log in to your account or sign up in order to add this asset to your watchlist. Share Infinera With A Colleague Link copied to clipboard. Get 30 Days of MarketBeat All Access for Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools. Start Your 30-Day Trial MarketBeat All Access Features Best-in-Class Portfolio Monitoring Get personalized stock ideas. Compare portfolio to indices. Check stock news, ratings, SEC filings, and more. Stock Ideas and Recommendations See daily stock ideas from top analysts. Receive short-term trading ideas from MarketBeat. Identify trending stocks on social media. Advanced Stock Screeners and Research Tools Use our seven stock screeners to find suitable stocks. Stay informed with MarketBeat's real-time news. Export data to Excel for personal analysis. Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required Log In or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
