Infinera Corporation (INFN)

Market Cap	1.42B
Revenue (ttm)	1.53B
Net Income (ttm)	-78.20M
Shares Out	235.13M
EPS (ttm)	-0.34
PE Ratio	n/a
Forward PE	27.41
Dividend	n/a
Ex-Dividend Date	n/a

Volume	10,690,985
Open	6.00
Previous Close	5.98
Day's Range	5.96 - 6.09
52-Week Range	2.82 - 6.62
Beta	1.64
Analysts	Buy
Price Target	7.11 (+18.11%)
Earnings Date	Aug 7, 2024

About INFN

Infinera Corporation manufactures semiconductors, and supplies networking equipment, optical semiconductors, software, and services worldwide. It provides Infinera GX series for modular and sled-based platforms to support a various transport network applications; Infinera Cloud Xpress Family that is designed to meet the needs of internet content providers (ICPs), communication service providers, internet exchange service providers, enterprises, and other large-scale data center operators; and Infinera XT series, a platform that is designed to p...

• Industry: Communication Equipment
• Sector: Technology
• IPO Date: Jun 7, 2007
• Employees: 3,389
• Stock Exchange: NASDAQ
• Ticker Symbol: INFN

Financial Performance

In 2023, Infinera's revenue was $1.61 billion, an increase of 2.60% compared to the previous year's $1.57 billion. Losses were -$25.21 million, -66.84% less than in 2022.

Analyst Forecast

According to 8 analysts, the average rating for INFN stock is "Buy." The 12-month stock price forecast is $7.11, which is an increase of 18.11% from the latest price.

Price Target

$7.11

(18.11% upside)

Analyst Consensus: Buy