NASDAQ:INFN Infinera (INFN) Stock Price, News & Analysis $6.74 -0.01 (-0.15%) (As of 10/7/2024 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 Key Stats Today's Range$6.71▼$6.7650-Day Range$5.63▼$6.8952-Week Range$2.82▼$6.92Volume1.78 million shsAverage Volume5.52 million shsMarket Capitalization$1.58 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… Man who Predicted Trump 2016 Win: “Prepare for Election Meltdown” (Ad)Former advisor to the CIA, the Pentagon and the White House Jim Rickards went on multiple TV news programs… A predicted Trump would win. You won’t believe what he’s predicting now.Click here to see it because it’s a SHOCKER… Infinera Stock Analysis - MarketRank™See Top Rated MarketRank™ Stocks25th Percentile Overall ScoreINFN MarketRank™: Infinera scored higher than 25% of companies evaluated by MarketBeat, and ranked 563rd out of 665 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 -19.82, 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 -19.82, 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 7.09. 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 Interest4.0 / 5Short Interest LevelHealthy Percentage of Shares Shorted14.32% 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 3.9, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Infinera has recently decreased by 9.03%, indicating that investor sentiment is improving significantly. 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 Shorted14.32% 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 3.9, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Infinera has recently decreased by 9.03%, indicating that investor sentiment is improving significantly. News and Social Media3.3 / 5News Sentiment0.91 News SentimentInfinera has a news sentiment score of 0.91. 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 0.51 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 9 news articles for Infinera this week, compared to 4 articles on an average week.Search Interest6 people have searched for INFN on MarketBeat in the last 30 days. This is an increase of 50% 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. INFN Stock News HeadlinesCiena 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 at 11:27 AM | marketbeat.comPoka Lambro Deploys Infinera to Expand Its Middle-mile Network and Increase West Texas Communities’ Opportunity and CompetitivenessOctober 8 at 12:18 AM | markets.businessinsider.comMost people would never touch this orange powder… would you? At first glance, it looks like some ordinary “orange” powder… But in reality, it is a scientific breakthrough in energy technology. One that could wipe out fossil fuel, coal, and even the “glorified” renewable energy in just a few years. And right now, governments, institutions, and the elites are jumping on this resource at record pace to the point where we’re starting to run out. The question is… Why are the top 1% piling in this much?October 8, 2024 | DTI (Ad)Poka Lambro Deploys Infinera to Expand Its Middle-mile Network and Increase West Texas Communities' Opportunity and CompetitivenessOctober 7 at 8:00 AM | globenewswire.comInfinera (NASDAQ:INFN) Receives New Coverage from Analysts at StockNews.comOctober 6 at 6:45 AM | americanbankingnews.comInfinera Co. (NASDAQ:INFN) Short Interest UpdateOctober 1, 2024 | americanbankingnews.comInfinera’s Commitment to Emission Reduction Validated by Science Based Targets initiativeSeptember 30, 2024 | finance.yahoo.comInfinera's Commitment to Emission Reduction Validated by Science Based Targets initiativeSeptember 30, 2024 | globenewswire.comSee More Headlines INFN Stock Analysis - Frequently Asked Questions How have INFN shares performed this year? Infinera's stock was trading at $4.75 on January 1st, 2024. Since then, INFN shares have increased by 41.9% and is now trading at $6.74. View the best growth stocks for 2024 here. How were Infinera's earnings last quarter? Infinera Co. (NASDAQ:INFN) announced its quarterly earnings results on Friday, August, 2nd. The communications equipment provider reported ($0.06) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.08) by $0.02. The firm's quarterly 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 more. Who are Infinera's major shareholders? Infinera's top institutional investors include Handelsbanken Fonder AB (0.04%) and SG Americas Securities LLC (0.04%). 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 Earnings8/02/2024Today10/08/2024Fiscal 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+5.1%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 / Sales1.06 Cash Flow$0.32 per share Price / Cash Flow20.85 Book Value$0.95 per share Price / Book7.09Miscellaneous Outstanding Shares234,290,000Free Float230,963,000Market Cap$1.58 billion OptionableOptionable Beta1.72 Social Links This page (NASDAQ:INFN) was last updated on 10/8/2024 by MarketBeat.com Staff From Our PartnersStrikes and Economic Unrest: Are You Prepared for What’s Coming?The rapid advancement of artificial intelligence and automation is reshaping industries and posing threats to ...InvestorPlace | SponsoredWhat Is the $7,882 Stimulus Payment 2024?Biden’s government just announced a new government "stimulus program"... 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