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Infinera Corporation (INFN)

Stock Price: $8.25 USD -0.14 (-1.67%)
Updated Mar 8, 2021 4:00 PM EST - Market closed
After-hours: $8.20 -0.05 (-0.61%) Mar 8, 4:12 PM
Market Cap 1.70B
Revenue (ttm) 1.36B
Net Income (ttm) -206.72M
Shares Out 188.22M
EPS (ttm) -1.10
PE Ratio n/a
Forward PE n/a
Dividend n/a
Dividend Yield n/a
Trading Day March 8
Last Price $8.25
Previous Close $8.39
Change ($) -0.14
Change (%) -1.67%
Day's Open 8.32
Day's Range 8.10 - 8.57
Day's Volume 3,381,785
52-Week Range 3.68 - 11.51

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The Motley Fool - 1 week ago

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

Zacks Investment Research - 1 week ago

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
Zacks Investment Research - 1 week ago

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?

Benzinga - 1 week ago

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.

GlobeNewsWire - 1 week ago

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.

Benzinga - 2 weeks ago

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.

GlobeNewsWire - 2 weeks ago

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 ...

GlobeNewsWire - 3 weeks ago

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 ...

GlobeNewsWire - 1 month ago

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 met...

Seeking Alpha - 1 month ago

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. Th...

Zacks Investment Research - 1 month ago

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

Other stocks mentioned: SHOP
InvestorPlace - 1 month ago

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
The Motley Fool - 2 months ago

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

Other stocks mentioned: CRM, MU
GlobeNewsWire - 2 months ago

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

Investopedia - 2 months ago

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

Other stocks mentioned: PLT, XTL
GlobeNewsWire - 3 months ago

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...

GlobeNewsWire - 3 months ago

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 ...

GlobeNewsWire - 3 months ago

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 Nan...

The Motley Fool - 3 months ago

The optical solutions provider remains a solid secular growth stock.

Seeking Alpha - 4 months ago

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

Zacks Investment Research - 4 months ago

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?

GlobeNewsWire - 4 months ago

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

Zacks Investment Research - 4 months ago

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.

GlobeNewsWire - 4 months ago

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...

GlobeNewsWire - 4 months ago

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 ...

GlobeNewsWire - 4 months ago

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 TI...

GlobeNewsWire - 4 months ago

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 system...

24/7 Wall Street - 4 months ago

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
Seeking Alpha - 5 months ago

Infinera: 800G Around The Corner Presents Potential Buying Opportunity

The Motley Fool - 6 months ago

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

Other stocks mentioned: CIEN
GlobeNewsWire - 6 months ago

SUNNYVALE, Calif., Sept. 08, 2020 (GLOBE NEWSWIRE) -- Infinera (NASDAQ: INFN) announced today that KT Corporation (KT), South Korea’s largest telecommunications company and formerly Korea Te...

The Motley Fool - 6 months ago

Ciena sneezes, and everyone else in networking equipment gets a cold.

Other stocks mentioned: CIEN, IIVI, LITE
Investopedia - 6 months ago

Telecom stocks have recently moved above key long-term resistance levels, and risk/reward setups suggest that prices are headed higher.

Other stocks mentioned: VG, XTL
GlobeNewsWire - 6 months ago

SUNNYVALE, Calif., Aug. 17, 2020 (GLOBE NEWSWIRE) -- Infinera (NASDAQ: INFN) announced today that Vogel Telecom, a leading wholesale carrier in Brazil, deployed Infinera’s Groove (GX) Series...

The Motley Fool - 6 months ago

The optical networking veteran partnered with a leading telecom to show off its fastest fiber-powered products over very long distances.

The Motley Fool - 6 months ago

The optical solutions provider has plenty of irons in the fire.

The Motley Fool - 7 months ago

The company blew past analysts' consensus revenue and earnings estimates in the second quarter.

Seeking Alpha - 7 months ago

Infinera Corporation (INFN) CEO Tom Fallon on Q2 2020 Results - Earnings Call Transcript

Zacks Investment Research - 7 months ago

Infinera (INFN) delivered earnings and revenue surprises of 35.71% and 4.77%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?

Market Watch - 7 months ago

Infinera Corp. INFN, -3.82% Chief Executive Tom Fallon expects to step down after more than a decade at the helm of the company and hand the reins to Chief Operating Officer David Heard, the o...

GlobeNewsWire - 7 months ago

SUNNYVALE, Calif., Aug. 05, 2020 (GLOBE NEWSWIRE) -- Infinera Corporation (NASDAQ: INFN) today announced a succession plan to transition its leadership in the coming months.

GlobeNewsWire - 7 months ago

SUNNYVALE, Calif., Aug. 05, 2020 (GLOBE NEWSWIRE) -- Infinera Corporation (NASDAQ: INFN) today released financial results for its second quarter ended June 27, 2020.

Zacks Investment Research - 7 months ago

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.

GlobeNewsWire - 7 months ago

SUNNYVALE, Calif., July 27, 2020 (GLOBE NEWSWIRE) -- Infinera (NASDAQ: INFN) announced today that Orange deployed spectrum capacity with Infinera’s submarine solution on its MainOne submarin...

Seeking Alpha - 7 months ago

Infinera Corporation is another name we like as a 'post lockdown' play, carrying forward our series of notes on stocks that may stand to benefit disproportionately as the economies start to op...

GlobeNewsWire - 7 months ago

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

The Motley Fool - 7 months ago

The optical solutions provider could gain a big fiber customer -- but investors shouldn’t overestimate the scope of the deal.

Other stocks mentioned: VZ, VZA
The Motley Fool - 7 months ago

The optical networking provider may score a win at Verizon.

GlobeNewsWire - 7 months ago

SUNNYVALE, Calif., July 14, 2020 (GLOBE NEWSWIRE) -- Infinera (NASDAQ: INFN) announced today that GÉANT, Europe’s leading collaboration on network and related infrastructure and services for...

The Motley Fool - 8 months ago

These low-priced stocks have seen some hard times lately, but they are all spring-loaded for impressive rebounds.

Other stocks mentioned: SONO, SWIR

About INFN

Infinera Corporation provides optical transport networking equipment, software, and services worldwide. The company's product portfolio includes Infinera Groove series of modular and sled-based platforms to support a variety of transport network applications; 7300 series, an SDN-ready coherent optical transport system; FlexILS open line system platform that connects various Infinera and third-party terminal equipment platforms over long-distance fiber optic cable providing switching, multiplexing, amplification, and management channels; and 709... [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 10.38, which is an increase of 25.82% from the latest price.

Price Target
$10.38
(25.82% upside)
Analyst Consensus: Buy