Infinera Corporation (INFN)

Market Cap	1.11B
Revenue (ttm)	1.63B
Net Income (ttm)	-42.60M
Shares Out	225.62M
EPS (ttm)	-0.19
PE Ratio	n/a
Forward PE	21.01
Dividend	n/a
Ex-Dividend Date	n/a

Volume	3,771,954
Open	4.96
Previous Close	4.72
Day's Range	4.68 - 5.01
52-Week Range	4.26 - 7.80
Beta	1.41
Analysts	Buy
Price Target	8.83 (+79.47%)
Earnings Date	May 3, 2023

About INFN

Infinera 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 ch...

• Industry: Communication Equipment
• Sector: Technology
• IPO Date: Jun 7, 2007
• Employees: 3,267
• Stock Exchange: NASDAQ
• Ticker Symbol: INFN

Financial Performance

In 2022, Infinera's revenue was $1.57 billion, an increase of 10.39% compared to the previous year's $1.43 billion. Losses were -$76.04 million, -55.47% less than in 2021.

Analyst Forecast

According to 6 analysts, the average rating for INFN stock is "Buy." The 12-month stock price forecast is $8.83, which is an increase of 79.47% from the latest price.

Price Target

$8.83

(79.47% upside)

Analyst Consensus: Buy