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Infinera (INFN)
NASDAQ:INFN
Holding INFN?
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INFN Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$2.82 - $6.76
Previous Close$6.69
Volume14.75M
Average Volume (3M)8.13M
Market Cap
$1.58B
Enterprise Value$2.19B
Total Cash (Recent Filing)$114.67M
Total Debt (Recent Filing)$730.49M
Price to Earnings (P/E)―
Beta1.60
Next Earnings
Nov 07, 2024EPS Estimate
$0.06Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.46
Shares Outstanding235,663,546
10 Day Avg. Volume16,629,023
30 Day Avg. Volume8,128,019
Standard Deviation0.15
R-Squared0.34
Alpha-0.00705
Financial Highlights & Ratios
Price to Book (P/B)11.95
Price to Sales (P/S)1.05
Price to Cash Flow (P/CF)-6.50
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.47
Enterprise Value/Gross Profit3.45
Enterprise Value/Ebitda-300.35
Forecast
1Y Price Target
$6.54Price Target Upside-2.39% Downside
Rating ConsensusHold
Number of Analyst Covering7
Infinera News
PremiumPre-Earnings
Is INFN a Buy, Before Earnings?
Bulls Say, Bears Say
Bulls Say
AcquisitionNOK announced it would acquire INFN for $2.3B ($6.65 per share), equal to a 28% premium to yesterday's closing stock price.
EarningsINFN's Q2 revenue was about 4% better than expected, driven by ICPs, up 15%.
TechnologyINFN had recently displaced NOK in two major hyperscale accounts, indicating the value of INFN's technology.
Bears Say
Customer DemandTiming and pace of customer demand remain uncertain, particularly in EMEA.
Industry ChallengesOngoing industry challenges in the telecom vertical created a challenging medium-term operating environment for INFN.
Service Provider BudgetsService 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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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 $6.76 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 Nov 07, 2024 which is in 48 days.
How were Infinera’s earnings last quarter?
Infinera released its earnings results on Aug 02, 2024. The company reported -$0.06 earnings per share for the quarter, beating the consensus estimate of -$0.083 by $0.023.
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 $0.06.
How many shares outstanding does Infinera have?
Infinera has 235,773,280 shares outstanding.
What happened to Infinera’s price movement after its last earnings report?
Infinera reported an EPS of -$0.06 in its last earnings report, beating expectations of -$0.083. Following the earnings report the stock price went down -2.041%.
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 6M.
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Infinera Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Hold
Average Price Target:
$6.54 (-2.39% Downside)
$6.54 (-2.39% Downside)
Blogger Sentiment
Bullish
INFN Sentiment 66%
Sector Average 65%
Sector Average 65%
Hedge Fund Trend
Decreased
By 1.6M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.7%
Last 30 Days ▼ 6.9%
Last 30 Days ▼ 6.9%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
58.90%
12-Months-Change
Fundamentals
Return on Equity
-71.11%
Trailing 12-Months
Asset Growth
-4.24%
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
$6.54
▼(-2.39% Downside)
Technical Analysis
Best Analysts Covering INFN
1 Year
1 Year Success Rate
18/26 ratings generated profit
1 Year Average Return
+29.21%
reiterated a buy rating 2 months ago
Copying Dave Kang's trades and holding each position for 1 Year would result in 69.23% of your transactions generating a profit, with an average return of +29.21% per trade.
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