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Infinera (INFN)
NASDAQ:INFN
Infinera (INFN) Stock Price & Analysis
867 Followers
INFN Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$2.82 - $6.62
Previous Close$6.11
Volume6.29M
Average Volume (3M)3.72M
Market Cap
$1.44B
Enterprise Value$2.00B
Total Cash (Recent Filing)$172.50M
Total Debt (Recent Filing)$731.73M
Price to Earnings (P/E)―
Beta1.67
Next Earnings
Aug 07, 2024EPS Estimate
-$0.08Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.34
Shares Outstanding234,289,965
10 Day Avg. Volume2,379,172
30 Day Avg. Volume3,715,618
Standard Deviation0.17
R-Squared0.25
Alpha0.00387
Financial Highlights & Ratios
Price to Book (P/B)-24.78
Price to Sales (P/S)2.67
Price to Cash Flow (P/CF)3.80
P/FCF Ratio4.50
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.30
Enterprise Value/Gross Profit3.14
Enterprise Value/Ebitda22.08
Forecast
1Y Price Target
$6.11Price Target Upside-1.45% Downside
Rating ConsensusHold
Number of Analyst Covering5
Infinera News
Bulls Say, Bears Say
Bulls Say
AcquisitionNokia announced it would acquire Infinera for $2.3 billion, bringing superior technology from Infinera to Nokia.
Growth PotentialManagement provided additional details on 8 recent contract design wins expected to contribute over $1 billion over the next 3 years.
Product InnovationShifting mix from external to in-house 800G DSP products should meaningfully expand gross margins and result in strong operating leverage.
Bears Say
Financial PerformanceINFN meaningfully missed consensus 1Q24 estimates and guided 2Q24 well below, impacted by weak customer spending.
Industry ChallengesOngoing industry challenges in the telecom vertical created a challenging medium-term operating environment for INFN.
Market ConditionsService provider budgets have been more challenged over the last 18 months, weighing on INFN and the rest of the networking space.
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Ownership Overview
16.83% Insiders
32.43% Mutual Funds
15.44% Other Institutional Investors
35.31% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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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 35 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 Overvalued.
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 235,125,440 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 Ardsley Advisory Partners. It holds Infinera’s shares valued at 7M.
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Infinera Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Hold
Average Price Target:
$6.11 (-1.45% Downside)
$6.11 (-1.45% Downside)
Blogger Sentiment
Bullish
INFN Sentiment 75%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Increased
By 1.3M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▲ 0.3%
Last 30 Days ▼ 5.4%
Last 30 Days ▼ 5.4%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
26.50%
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 Company Deck
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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
$6.11
▼(-1.45% Downside)
Technical Analysis
Best Analysts Covering INFN
1 Year
1 Year Success Rate
16/24 ratings generated profit
1 Year Average Return
+30.01%
reiterated a buy rating 8 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 +30.01% per trade.
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