NASDAQ:INFN Infinera (INFN) Stock Price, News & Analysis $6.70 +0.01 (+0.15%) (As of 09/20/2024 ET) Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Infinera alerts: Email Address 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▼$6.7450-Day Range$5.63▼$6.7052-Week Range$2.82▼$6.76Volume14.75 million shsAverage Volume4.88 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… We recommended Nvidia in 2016, now we’re recommending this… (Ad)The AI boom is just getting started. And the real wealth has still to be made…You must read this new presentation from Porter Stansberry. Infinera Stock Analysis - MarketRank™See Top Rated MarketRank™ StocksOverall MarketRank™: 20th PercentileInfinera scored higher than 20% of companies evaluated by MarketBeat, and ranked 595th out of 666 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 Opinion2.1 / 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 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. 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 -19.71, 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 -19.71, 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 7.05. 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 Interest1.0 / 5Short Interest LevelBearish Percentage of Shares Shorted15.75% 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.Change versus previous monthShort interest in Infinera has recently increased by 1.26%, 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 Shorted15.75% 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.Change versus previous monthShort interest in Infinera has recently increased by 1.26%, indicating that investor sentiment is decreasing. News and Social Media1.9 / 5News Sentiment0.45 News SentimentInfinera has a news sentiment score of 0.45. 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 InterestOnly 3 people have searched for INFN on MarketBeat in the last 30 days. This is a decrease of -40% 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 HeadlinesInfinera (NASDAQ:INFN) Coverage Initiated at StockNews.comSeptember 19 at 2:39 AM | americanbankingnews.comInfinera Corporation (NASDAQ:INFN) is a favorite amongst institutional investors who own 88%September 16, 2024 | finance.yahoo.comHow the US Will Win the Great Lithium RaceChina spent $60B+ on lithium infrastructure in the past decade. It possesses 7.9% of the world’s supply, but it processes 70-80%. Now the US is coming over the top by investing $700B+ into domestic supply with the IRA and Bi-partisan Infrastructure Bill.September 20, 2024 | DealMaker (Ad)Infinera gains after HSR waiting period for Nokia sale expiresSeptember 16, 2024 | msn.comInfinera Target of Unusually Large Options Trading (NASDAQ:INFN)September 14, 2024 | americanbankingnews.comInfinera Co. (NASDAQ:INFN) Receives $7.09 Consensus Target Price from AnalystsSeptember 14, 2024 | americanbankingnews.comInfinera (NASDAQ:INFN) Receives New Coverage from Analysts at StockNews.comSeptember 12, 2024 | americanbankingnews.comCore-Backbone Upgrades Key Network Routes in Germany with Infinera's GX Series SolutionSeptember 11, 2024 | stockhouse.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 start of the year. Since then, INFN stock has increased by 41.1% and is now trading at $6.70. View the best growth stocks for 2024 here. How were Infinera's earnings last quarter? Infinera Co. (NASDAQ:INFN) released its earnings results on Friday, August, 2nd. The communications equipment provider reported ($0.06) EPS for the quarter, topping analysts' consensus estimates of ($0.08) by $0.02. The firm's revenue was down 8.9% on a year-over-year basis. Does Infinera have any subsidiaries? Infinera subsidiaries include these companies: 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 investors 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). Company Calendar Last Earnings8/02/2024Today9/20/2024Fiscal 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$0.34 per share Price / Cash Flow19.75 Book Value$0.95 per share Price / Book7.07Miscellaneous Outstanding Shares234,290,000Free Float230,963,000Market Cap$1.57 billion OptionableOptionable Beta1.71 Social Links Beginners Guide To Retirement StocksClick the link below and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio. 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