Infinera Corporation (INFN)
NASDAQ: INFN · Real-Time Price · USD
6.72
0.00 (0.00%)
Nov 4, 2024, 4:00 PM EST - Market closed
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 0.60% from the current stock price of 6.72.
Analyst Consensus: Buy
* Price targets were last updated on Aug 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 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 4 | 4 | 3 | 3 | 3 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 2 | 3 | 4 | 5 | 5 | 5 |
| Sell | 0 | 0 | 0 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 7 | 7 | 8 | 9 | 9 | 9 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JP Morgan | JP Morgan | Sell Maintains $5 → $6 | Sell | Maintains | $5 → $6 | -10.71% | Aug 6, 2024 |
| B. Riley Securities | B. Riley Securities | Strong Buy Maintains $9 → $6.65 | Strong Buy | Maintains | $9 → $6.65 | -1.04% | Aug 5, 2024 |
| Rosenblatt | Rosenblatt | Strong Buy → Hold Downgrades $8 → $6.65 | Strong Buy → Hold | Downgrades | $8 → $6.65 | -1.04% | Aug 5, 2024 |
| Craig-Hallum | Craig-Hallum | Strong Buy → Hold Downgrades $12 → $6.65 | Strong Buy → Hold | Downgrades | $12 → $6.65 | -1.04% | Jul 1, 2024 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $5.4 → $6.65 | Hold | Maintains | $5.4 → $6.65 | -1.04% | Jun 28, 2024 |
Financial Forecast
Revenue This Year
1.57B
from 1.61B
Decreased by -3.04%
Revenue Next Year
1.73B
from 1.57B
Increased by 10.67%
EPS This Year
0.05
from -0.11
EPS Next Year
0.40
from 0.05
Increased by 758.21%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.6B | 2.0B | 2.0B |
| Avg | 1.6B | 1.7B | 1.9B |
| Low | 1.5B | 1.6B | 1.8B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.2% | 25.0% | 12.7% |
| Avg | -3.0% | 10.7% | 8.7% |
| Low | -9.4% | -0.3% | 3.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.16 | 0.53 | 0.64 |
| Avg | 0.05 | 0.40 | 0.56 |
| Low | -0.10 | 0.26 | 0.47 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 1,026.0% | 60.1% |
| Avg | - | 758.2% | 38.9% |
| Low | - | 459.1% | 17.6% |
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.