Stock Price
P/E Ratio
Volume Traded Today
Dividend
52 Week High/low
Infinera Corp Market Cap
Based on ratings from 16 stock analysts, the Infinera Corp stock price is expected to decrease by 5.99% in 12 months. This is calculated by using the average 12-month stock price forecast for Infinera Corp. The lowest target is $4.5 and the highest is $7.01. Please note analyst price targets are not guaranteed and could be missed completely.
About 16 Wall Street analysts have assignedINFN 8 buy ratings, 8 hold ratings, and 0 sell ratings. This means that analysts expect Infinera Corp to hold. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on INFN. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of INFN.
|
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
|---|---|---|---|---|
| Samik Chatterjee JP Morgan | Underweight | $6 | Maintains | Aug 6, 2024 |
| Mike Genovese Rosenblatt | Neutral | $6.65 | Downgrade | Aug 5, 2024 |
| Dave Kang B. Riley Securities | Buy | $6.65 | Maintains | Aug 5, 2024 |
| Christian Schwab Craig-Hallum | Hold | $6.65 | Downgrade | Jul 1, 2024 |
| Ryan Koontz Needham | Hold | Downgrade | Jun 28, 2024 | |
| Meta Marshall Morgan Stanley | Equal-Weight | $6.65 | Maintains | Jun 28, 2024 |
| Ryan Koontz Needham | Buy | $10 | Reiterates | May 16, 2024 |
| Dave Kang B. Riley Securities | Buy | $9 | Maintains | May 15, 2024 |
| Ruben Roy Stifel | Buy | $7 | Maintains | May 15, 2024 |
| Ruben Roy Stifel | Buy | $7 | Maintains | Apr 1, 2024 |
| Dave Kang B. Riley Securities | Buy | $7.5 | Maintains | Mar 7, 2024 |
| Alex Henderson Needham | Strong Buy | $10 | Reiterates | Mar 7, 2024 |
| George Notter Jefferies | Hold | $4.5 | Maintains | Mar 7, 2024 |
| Ruben Roy Stifel | Buy | $7 | Initiates | Sep 28, 2023 |
| Mike Genovese Rosenblatt | Buy | $6 | Reiterates | Aug 25, 2023 |
| George Notter Jefferies | Hold | Upgrade | Aug 11, 2023 | |
| Meta Marshall Morgan Stanley | Equal-Weight | $4.6 | Maintains | Aug 10, 2023 |
| Alex Henderson Needham | Strong Buy | $10 | Maintains | Aug 10, 2023 |
| Mike Genovese Rosenblatt | Buy | $6 | Maintains | Aug 10, 2023 |
| Meta Marshall Morgan Stanley | Equal-Weight | $5 | Maintains | Aug 3, 2023 |
When did it IPO
2007
Staff Count
3,389
Country
United States
Sector/Industry
Technology/Communication Equipment
CEO
Mr. David W. Heard
Market Cap
$1.60B
In 2023, INFN generated $1.61B in revenue, which was a increase of 2.60% from the previous year. This can be seen as a signal that INFN's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Mon, 30 Sep 2024
Sentiment - NEUTRAL
Source - GlobeNewsWire
Summary - Infinera (NASDAQ: INFN) has received third-party validation for its GHG emission reduction targets from the Science Based Targets initiative, highlighting its commitment to sustainability in telecommunications.
Why It Matters - Infinera's validated GHG reduction targets enhance credibility in ESG initiatives, potentially attracting environmentally conscious investors and improving long-term financial performance.
Wed, 25 Sep 2024
Sentiment - NEUTRAL
Source - GlobeNewsWire
Summary - Infinera Corporation reminds stockholders to elect their merger consideration by September 30, 2024, ahead of the special meeting regarding its acquisition by Nokia.
Why It Matters - The approaching election deadline for Infinera stockholders impacts share liquidity and pricing, potentially influencing investor sentiment and decisions ahead of the Nokia acquisition.
Thu, 29 Aug 2024
Sentiment - NEUTRAL
Source - Business Wire
Summary - Kahn Swick & Foti, LLC is investigating Infinera Corporation's proposed sale to Nokia Oyj, offering shareholders cash or stock options.
Why It Matters - The investigation into Infinera's sale to Nokia could affect shareholder sentiment and stock prices, impacting potential returns and investment strategies surrounding both companies.
Wed, 28 Aug 2024
Sentiment - NEUTRAL
Source - Business Wire
Summary - Halper Sadeh LLC is investigating the fairness of Infinera Corporation's sale to Nokia, where shareholders can choose cash or Nokia shares. Shareholders are urged to explore their legal rights.
Why It Matters - The investigation into Infinera's sale to Nokia may indicate potential legal challenges, affecting share value and investor confidence in both companies during the transaction process.
Fri, 02 Aug 2024
Sentiment - NEUTRAL
Source - GlobeNewsWire
Summary - Infinera Corporation (NASDAQ: INFN) announced its financial results for Q2 2024, ending June 29, 2024. Details of the results were not provided in the excerpt.
Why It Matters - Infinera's Q2 financial results can impact its stock performance, providing insights into revenue growth, profitability, and market position, influencing investor sentiment and decisions.
Fri, 02 Aug 2024
Sentiment - NEGATIVE
Source - Zacks Investment Research
Summary - Infinera (INFN) reported a quarterly loss of $0.06 per share, better than the estimated loss of $0.09, compared to break-even earnings in the same quarter last year.
Why It Matters - Infinera's smaller-than-expected loss signals improving performance and potential for recovery, which may boost investor confidence and influence stock valuation.
The information that Ticker Nerd provides is general in nature as it has been prepared without taking account of your objectives, financial situation or needs. It is not intended as legal, financial or investment advice and should not be construed or relied on as such. Ticker Nerd is for information purposes only. Ticker Nerd is not responsible for any damages or losses that may occur as a result of reliance on this information. Before making any commitment of a legal or financial nature you should seek advice from a qualified and registered legal practitioner or financial or investment adviser. All content, group, messaging, tweets, newsletter, article, and email created by Ticker Nerd is intended for educational and information purposes only, is not financial, investment, legal or tax advice, and is a restatement, summary or extract of other data and research reports that are widely distributed from sources such as, but not limited to, Bloomberg, Market Watch, Wall Street Journal, Google Finance, and Yahoo Finance. Ticker Nerd is not a registered financial, investment, legal or tax advisor and is not liable for any financial loss you may incur acting on any information provided by Ticker Nerd. By registering, you agree not to hold Ticker Nerd liable at any time or under any circumstances for your decisions, actions, or results.
