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Infinera (INFN)
NASDAQ:INFN
Infinera (INFN) Stock Price & Analysis
861 Followers
INFN Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$2.82 - $6.62
Previous Close$5.26
Volume2.82M
Average Volume (3M)3.62M
Market Cap
$1.22B
Enterprise Value$1.78B
Total Cash (Recent Filing)$172.50M
Total Debt (Recent Filing)$731.73M
Price to Earnings (P/E)-15.4
Beta1.61
Next Earnings
Aug 07, 2024EPS Estimate
-$0.08Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.34
Shares Outstanding231,422,390
10 Day Avg. Volume3,227,149
30 Day Avg. Volume3,622,532
Standard Deviation0.17
R-Squared0.27
Alpha-0.00158
Financial Highlights & Ratios
Price to Book (P/B)-17.29
Price to Sales (P/S)2.68
Price to Cash Flow (P/CF)-10.30
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.16
Enterprise Value/Gross Profit2.79
Enterprise Value/Ebitda19.66
Forecast
1Y Price Target
$8.38Price Target Upside59.32% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering4
Infinera News
PremiumCompany Announcements
Infinera Provides Insight on Q4 and Annual Financials
Bulls Say, Bears Say
Bulls Say
Contract WinsRecent contract design wins are anticipated to substantially boost revenues, contributing a significant sum over the coming years.
Financial PerformanceManagement maintained expectations for a very strong performance, up significantly and supported by strong backlog and order visibility.
Product DevelopmentShifting mix from external to in-house products is expected to meaningfully expand gross margin, indicating a strategic move towards more profitable operations.
Bears Say
EarningsINFN meaningfully missed consensus 1Q24 estimates and guided 2Q24 well below.
Financial ForecastInfinera Lowers Outlook for CY24, resulting in a meaningfully lower guide for CY1Q24 and CY2Q24.
Market DemandImpacted by weak customer spending across SP and ICP inventories which have affected other peers.
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Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
INFN FAQ
What was Infinera’s price range in the past 12 months?
Infinera lowest stock price was $2.82 and its highest was $6.62 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 Aug 07, 2024 which is in 80 days.
How were Infinera’s earnings last quarter?
Infinera released its earnings results on May 14, 2024. The company reported -$0.17 earnings per share for the quarter, missing the consensus estimate of $0.12 by -$0.29.
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 -$0.08.
How many shares outstanding does Infinera have?
Infinera has 231,422,400 shares outstanding.
What happened to Infinera’s price movement after its last earnings report?
Infinera reported an EPS of -$0.17 in its last earnings report, missing expectations of $0.12. Following the earnings report the stock price went down -7.759%.
Which hedge fund is a major shareholder of Infinera?
Among the largest hedge funds holding Infinera’s share is Royce & Associates LLC. It holds Infinera’s shares valued at 4M.
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Infinera Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$8.38 (59.32% Upside)
$8.38 (59.32% Upside)
Blogger Sentiment
Bullish
INFN Sentiment 80%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Decreased
By 572.6K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 2.9%
Last 30 Days ▼ 10.0%
Last 30 Days ▼ 10.0%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
3.95%
12-Months-Change
Fundamentals
Return on Equity
-44.97%
Trailing 12-Months
Asset Growth
-2.08%
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 Earnings Call
Q1 2024
0:00 / 0:00
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INFN Stock 12 Month Forecast
Average Price Target
$8.38
▲(59.32% Upside)
Technical Analysis
Best Analysts Covering INFN
1 Year
1 Year Success Rate
16/24 ratings generated profit
1 Year Average Return
+28.12%
reiterated a buy rating 6 months ago
Copying Dave Kang's trades and holding each position for 1 Year would result in 66.67% of your transactions generating a profit, with an average return of +28.12% per trade.
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