Infinera Stock Forecast

Stock Price Forecast

The 8 analysts with 12-month price forecasts for Infinera stock have an average target of 6.76, with a low estimate of 4.50 and a high estimate of 10. The average target predicts an increase of 2.42% from the current stock price of 6.60.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$4.50	$6.76	$6.65	$10
Change	-31.82%	+2.42%	+0.76%	+51.52%

* Price targets were last updated on Nov 6, 2024.

Analyst Ratings

The average analyst rating for Infinera stock from 9 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24	Dec '24
Strong Buy	4	3	3	3	3	3
Buy	0	0	0	0	0	0
Hold	4	5	5	5	5	5
Sell	0	1	1	1	1	1
Strong Sell	0	0	0	0	0	0
Total	8	9	9	9	9	9

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Mike Genovese Rosenblatt	Rosenblatt	Hold Maintains $6.65	Hold	Maintains	$6.65	+0.76%	Nov 6, 2024
Samik Chatterjee JP Morgan	JP Morgan	Sell Maintains $5 → $6	Sell	Maintains	$5 → $6	-9.09%	Aug 6, 2024
Dave Kang B. Riley Securities	B. Riley Securities	Strong Buy Maintains $9 → $6.65	Strong Buy	Maintains	$9 → $6.65	+0.76%	Aug 5, 2024
Mike Genovese Rosenblatt	Rosenblatt	Strong Buy → Hold Downgrades $8 → $6.65	Strong Buy → Hold	Downgrades	$8 → $6.65	+0.76%	Aug 5, 2024
Christian Schwab Craig-Hallum	Craig-Hallum	Strong Buy → Hold Downgrades $12 → $6.65	Strong Buy → Hold	Downgrades	$12 → $6.65	+0.76%	Jul 1, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

1.46B

from 1.61B

-9.67%

from 1.61B

Revenue Next Year

1.61B

from 1.46B

10.36%

from 1.46B

EPS This Year

-0.12

from -0.11

EPS Next Year

0.27

from -0.12

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 28, 2019	Dec 26, 2020	Dec 25, 2021	Dec 31, 2022	Dec 30, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	1.30B	1.36B	1.43B	1.57B	1.61B	1.46B	1.61B	1.80B
Revenue Growth	37.68%	4.37%	5.13%	10.39%	2.60%	-9.67%	10.36%	12.06%
EPS	-2.16	-1.10	-0.82	-0.35	-0.11	-0.12	0.27	0.50
EPS Growth	-	-	-	-	-	-	-	90.38%
Forward PE	-	-	-	-	-	-	24.89	13.07
No. Analysts	-	-	-	-	-	13	12	5

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026
High	1.6B	1.8B	1.9B
Avg	1.5B	1.6B	1.8B
Low	1.4B	1.5B	1.7B

Revenue Growth

Revenue Growth	2024	2025	2026
High	-2.8%	20.2%	19.6%
Avg	-9.7%	10.4%	12.1%
Low	-15.4%	1.2%	3.7%

EPS Forecast

EPS	2024	2025	2026
High	-	0.42	0.63
Avg	-0.12	0.27	0.50
Low	-0.18	0.17	0.38

EPS Growth

EPS Growth	2024	2025	2026
High	-	-	137.6%
Avg	-	-	90.4%
Low	-	-	44.1%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.