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Infinera Corporation (INFN)

Stock Price: $10.19 USD -0.05 (-0.44%)
Updated Jun 16, 2021 3:57 PM EDT - Market open
Market Cap 2.10B
Revenue (ttm) 1.36B
Net Income (ttm) -155.78M
Shares Out 202.64M
EPS (ttm) -0.81
PE Ratio n/a
Forward PE n/a
Dividend n/a
Dividend Yield n/a
Trading Day June 16
Last Price $10.19
Previous Close $10.23
Change ($) -0.05
Change (%) -0.44%
Day's Open 10.25
Day's Range 10.03 - 10.29
Day's Volume 2,533,210
52-Week Range 5.54 - 11.51

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Infinera (INFN) has moved higher as of late, but there could definitely be trouble on the horizon for this company.

2 days ago - Zacks Investment Research

Infinera Corporation ( INFN , Financial) designs and builds network equipment for optical transport, which is thehigh-speed transmission of data in the form of light waves. After exiting the year near t...

4 days ago - GuruFocus

SAN JOSE, Calif., June 08, 2021 (GLOBE NEWSWIRE) -- PEACE Cable International Network Co., Limited, an international submarine cable system company which is devoted to interconnected global communicatio...

1 week ago - GlobeNewsWire

SAN JOSE, Calif., June 01, 2021 (GLOBE NEWSWIRE) -- Infinera (NASDAQ: INFN) announced today that UFINET, a neutral infrastructure wholesale operator in Latin America, selected Infinera's industry-leadin...

2 weeks ago - GlobeNewsWire

While market enthusiasm has limited the number of cheap stocks to buy, there are still viable opportunities available right now. The post 7 Cheap Stocks to Put on Your Buy List for June appeared first o...

Other stocks mentioned: BHAT, ENIA, GFI, SBSW, SDC, UROY
2 weeks ago - InvestorPlace

SAN JOSE, Calif., May 24, 2021 (GLOBE NEWSWIRE) -- Infinera (NASDAQ: INFN) and Hokkaido Telecommunications Network Co., Ltd. (HOTnet) announced today the deployment of Infinera's open optical networking...

3 weeks ago - GlobeNewsWire

If you're looking for a cheap stock to buy, check out this list of 10 highly rated picks that are priced under $10.

Other stocks mentioned: AMRX, CRK, MBT, NLY, SDC, SIRI, TRUE ...
3 weeks ago - Kiplinger

While most of Wall Street focuses on large-cap and mega-cap stocks, as they provide a degree of safety and liquidity, many investors are limited in the number of shares they can buy.

Other stocks mentioned: ADT, ADVM, KOS, SWN
1 month ago - 24/7 Wall Street

SAN JOSE, Calif., May 12, 2021 (GLOBE NEWSWIRE) -- Infinera (NASDAQ: INFN) announced today that NBN Co, Australia's wholesale open-access broadband provider, completed a successful proof of concept of X...

1 month ago - GlobeNewsWire

Infinera (INFN) delivered earnings and revenue surprises of 50.00% and -0.13%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

SAN JOSE, Calif., May 04, 2021 (GLOBE NEWSWIRE) -- Infinera Corporation (NASDAQ: INFN) today released financial results for its first quarter ended March 27, 2021.

1 month ago - GlobeNewsWire

SAN JOSE, Calif., May 04, 2021 (GLOBE NEWSWIRE) -- Infinera (NASDAQ: INFN) announced today the availability of metro-optimized 400G pluggable optics-based solutions for the XTM Series and GX Series Comp...

1 month ago - GlobeNewsWire

Check out these compelling companies specializing in cloud-based data management, optical technology, and radio-frequency identification.

Other stocks mentioned: CLDR, PI
1 month ago - The Motley Fool

SAN JOSE, Calif., April 20, 2021 (GLOBE NEWSWIRE) -- Infinera Corporation (NASDAQ: INFN) announced today that it will release its financial results for the first quarter of fiscal 2021 ended March 27, 2...

1 month ago - GlobeNewsWire

Which optical technology company is a better overall investment?

Other stocks mentioned: LITE
2 months ago - The Motley Fool

Select portfolio(s):

Other stocks mentioned: BELFA, BELFB, KC, MX, SMCI, TSM
2 months ago - GuruFocus

SAN JOSE, Calif., March 24, 2021 (GLOBE NEWSWIRE) -- Virgin Media Business and Infinera today announced the deployment of Infinera's XTM Series on Virgin Media's Virgin Infinity Ring, a high-capacity op...

2 months ago - GlobeNewsWire

DUBLIN, Ireland and SAN JOSE, Calif., March 11, 2021 (GLOBE NEWSWIRE) -- EllaLink announced today that it has successfully completed the marine installation of the industry's lowest-latency trans-Atlant...

3 months ago - GlobeNewsWire

Infinera and two other oft-overlooked stocks should appeal to value-seeking tech investors.

Other stocks mentioned: ERIC, LPL
3 months ago - The Motley Fool

New full fiber technology could support a scaled rollout of multi-gigabit speeds to Virgin Media's customers in the future New full fiber technology could support a scaled rollout of multi-gigabit speed...

3 months ago - GlobeNewsWire

The optical solutions provider's revenue growth should accelerate in the second half of 2021.

3 months ago - The Motley Fool

Here are three cheap tech stocks trading for under $20 a share that investors might want to consider buying amid the market pullback.

Other stocks mentioned: AAPL, HIMX, INFY, MSFT, NVDA, SNOW, TSLA
3 months ago - Zacks Investment Research

Infinera (INFN) delivered earnings and revenue surprises of 333.33% and -1.07%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?

3 months ago - Zacks Investment Research

Shares of Infinera (NASDAQ:INFN) fell after the company reported Q4 results. Quarterly Results Earnings per share were up 333.33% year over year to $0.13, which beat the estimate of $0.02.

3 months ago - Benzinga

SAN JOSE, Calif., Feb. 23, 2021 (GLOBE NEWSWIRE) -- Infinera Corporation (NASDAQ: INFN) today released financial results for its fourth quarter and fiscal year ended December 26, 2020.

3 months ago - GlobeNewsWire

Infinera (NASDAQ:INFN) announces its next round of earnings this Tuesday, February 23. Here is Benzinga's everything-that-matters guide for this Tuesday's Q4 earnings announcement.

3 months ago - Benzinga

SUNNYVALE, Calif., Feb. 16, 2021 (GLOBE NEWSWIRE) -- Infinera (NASDAQ: INFN) and Allo Technology Sdn Bhd (Allo), a wholly owned subsidiary of Tenaga Nasional Berhad (TNB), announced today the deployment...

4 months ago - GlobeNewsWire

SUNNYVALE, Calif., Feb. 10, 2021 (GLOBE NEWSWIRE) -- Infinera Corporation (NASDAQ: INFN) announced today that it will release its financial results for the fourth quarter and fiscal year 2020 ended Dece...

4 months ago - GlobeNewsWire

SUNNYVALE, Calif., Jan. 27, 2021 (GLOBE NEWSWIRE) -- Infinera (NASDAQ: INFN) announced today that Softdados deployed Infinera's GX Series Compact Modular Platform and XTM Series across its metro and lon...

4 months ago - GlobeNewsWire

Infinera Corporation's equity capital has been almost wiped off by its accumulated deficit. The company is presently following a restructuring plan to reduce costs and enhance efficiencies. The restruct...

4 months ago - Seeking Alpha

One week very soon, the indexes will correct 5% to their 50-day MAs. Ready?

Other stocks mentioned: SHOP
5 months ago - Zacks Investment Research

Communications stocks have been a mixed bags in recent years. These eight names have a strong chance to lead the sector in 2021.

Other stocks mentioned: AAOI, CABO, ERIC, NTGR, SNAP, UI
5 months ago - InvestorPlace

Infinera and two other tech companies could be lifted by fresh tailwinds next year.

Other stocks mentioned: CRM, MU
5 months ago - The Motley Fool

SUNNYVALE, Calif., Dec. 21, 2020 (GLOBE NEWSWIRE) -- Infinera (NASDAQ: INFN) announced today that KPU Telecommunications, a local provider of residential and business communications services owned by th...

5 months ago - GlobeNewsWire

Strong demand for communication services and bullish chart patterns are acting as catalysts for moves higher across the sector.

Other stocks mentioned: PLT, XTL
6 months ago - Investopedia

SUNNYVALE, Calif., Dec. 01, 2020 (GLOBE NEWSWIRE) -- Infinera (NASDAQ: INFN) announced today that SSE Enterprise Telecoms, one of the UK's leading connectivity providers, has selected Infinera's XTM Ser...

6 months ago - GlobeNewsWire

SUNNYVALE, Calif., Nov. 16, 2020 (GLOBE NEWSWIRE) -- Infinera (NASDAQ: INFN) announced today it has joined the Innovative Optical and Wireless Network (IOWN) Global Forum, a consortium formed by Nippon ...

7 months ago - GlobeNewsWire

SUNNYVALE, Calif., Nov. 10, 2020 (GLOBE NEWSWIRE) -- Infinera Corporation (NASDAQ: INFN) announced today that Tom Fallon, Chief Executive Officer, David Heard, Chief Operating Officer, and Nancy Erba, C...

7 months ago - GlobeNewsWire

The optical solutions provider remains a solid secular growth stock.

7 months ago - The Motley Fool

Infinera Corporation (INFN) CEO Tom Fallon on Q3 2020 Results - Earnings Call Transcript

7 months ago - Seeking Alpha

Infinera (INFN) delivered earnings and revenue surprises of 140.00% and 1.10%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?

7 months ago - Zacks Investment Research

SUNNYVALE, Calif., Nov. 05, 2020 (GLOBE NEWSWIRE) -- Infinera Corporation (NASDAQ: INFN) today released financial results for its third quarter ended September 26, 2020.

7 months ago - GlobeNewsWire

Infinera (INFN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

7 months ago - Zacks Investment Research

SUNNYVALE, Calif., Oct. 27, 2020 (GLOBE NEWSWIRE) -- Infinera (NASDAQ: INFN) is proud to announce a contract award with the U.S. Department of Energy (DOE)'s Energy Sciences Network (ESnet) to build the...

7 months ago - GlobeNewsWire

SUNNYVALE, Calif. , Oct. 22, 2020 (GLOBE NEWSWIRE) -- Infinera Corporation (NASDAQ: INFN) announced today that it will release its financial results for the third quarter of fiscal 2020 ended September ...

7 months ago - GlobeNewsWire

SUNNYVALE, Calif., Oct. 22, 2020 (GLOBE NEWSWIRE) -- Infinera (NASDAQ: INFN) announced today a collaboration between Telecom Infra Project (TIP) and Telefónica Peru to commercially deploy a TIP-develope...

7 months ago - GlobeNewsWire

SUNNYVALE, Calif. and BOSTON, Oct. 20, 2020 (GLOBE NEWSWIRE) -- Infinera (NASDAQ: INFN) and Seaborn Networks (Seaborn), a leading developer-owner-operator of submarine fiber optic cable systems, announc...

7 months ago - GlobeNewsWire

While most of Wall Street focuses on large and mega-cap stocks, as they provide a degree of safety and liquidity, many investors are limited in the number of shares they can buy.

Other stocks mentioned: COMM, GLUU, ZNGA
8 months ago - 24/7 Wall Street

Infinera: 800G Around The Corner Presents Potential Buying Opportunity

9 months ago - Seeking Alpha

But the two companies provided very different outlooks for the current quarter.

Other stocks mentioned: CIEN
9 months ago - The Motley Fool

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... [Read more...]

Industry
Communication Equipment
IPO Date
Jun 7, 2007
CEO
Thomas Fallon
Employees
3,050
Stock Exchange
NASDAQ
Ticker Symbol
INFN
Full Company Profile

Financial Performance

In 2020, Infinera's revenue was $1.36 billion, an increase of 4.37% compared to the previous year's $1.30 billion. Losses were -$206.72 million, -46.53% less than in 2019.

Financial Statements

Analyst Forecasts

According to 14 analysts, the average rating for Infinera stock is "Buy." The 12-month stock price forecast is 10.92, which is an increase of 7.22% from the latest price.

Price Target
$10.92
(7.22% upside)
Analyst Consensus: Buy