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INFN

INFN - Infinera Corp Stock Price, Fair Value and News

5.16USD-0.15 (-2.82%)Market Closed

Market Summary

INFN
USD5.16-0.15
Market Closed
-2.82%

INFN Alerts

  • Big fall in Revenue (Y/Y)
  • Big fall in earnings (Y/Y)
  • Losses in recent quarter

INFN Stock Price

View Fullscreen

INFN RSI Chart

INFN Valuation

Market Cap

1.2B

Price/Earnings (Trailing)

-15.46

Price/Sales (Trailing)

0.79

EV/EBITDA

44.39

Price/Free Cashflow

55.65

INFN Price/Sales (Trailing)

INFN Profitability

Operating Margin

38.36%

EBT Margin

-4.53%

Return on Equity

-48.41%

Return on Assets

-5%

Free Cashflow Yield

1.8%

INFN Fundamentals

INFN Revenue

Revenue (TTM)

1.5B

Rev. Growth (Yr)

-21.72%

Rev. Growth (Qtr)

-32.31%

INFN Earnings

Earnings (TTM)

-78.2M

Earnings Growth (Yr)

-630.02%

Earnings Growth (Qtr)

-576.93%

Breaking Down INFN Revenue

Last 7 days

-4.3%

Last 30 days

-1.9%

Last 90 days

-1.9%

Trailing 12 Months

1.8%

How does INFN drawdown profile look like?

INFN Financial Health

Current Ratio

1.65

Debt/Equity

4.08

Debt/Cashflow

0.11

INFN Investor Care

Shares Dilution (1Y)

3.84%

Diluted EPS (TTM)

-0.34

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20241.5B000
20231.6B1.6B1.6B1.6B
20221.4B1.5B1.5B1.6B
20211.4B1.4B1.4B1.4B
20201.3B1.4B1.4B1.4B
20191.0B1.1B1.2B1.3B
2018767.9M799.3M807.1M943.4M
2017800.8M718.8M726.0M740.7M
2016944.7M996.1M949.1M870.1M
2015712.1M754.1M813.0M886.7M
2014562.3M589.3M620.9M668.1M
2013458.4M503.3M533.1M544.1M
2012416.7M414.2M422.4M438.4M
2011451.5M436.0M410.0M404.9M
20100357.5M405.9M454.4M
2009000309.1M
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Tracking the Latest Insider Buys and Sells of Infinera Corp

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Jun 05, 2024
fernicola michael h
acquired
-
-
5,833
-
Jun 05, 2024
walden nicholas
sold (taxes)
-16,045
5.51
-2,912
svp, worldwide sales
Jun 05, 2024
erba nancy
acquired
-
-
7,708
chief financial officer & cao
Jun 05, 2024
heard david w
sold (taxes)
-41,760
5.51
-7,579
chief executive officer
Jun 05, 2024
fernicola michael h
sold (taxes)
-11,471
5.51
-2,082
-
Jun 05, 2024
welch david f
acquired
-
-
8,333
-
Jun 05, 2024
welch david f
sold (taxes)
-16,386
5.51
-2,974
-
Jun 05, 2024
erba nancy
sold (taxes)
-16,458
5.51
-2,987
chief financial officer & cao
Jun 05, 2024
walden nicholas
acquired
-
-
5,333
svp, worldwide sales
Jun 05, 2024
heard david w
acquired
-
-
19,259
chief executive officer

1–10 of 50

Which funds bought or sold INFN recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
May 28, 2024
Verity Asset Management, Inc.
new
-
291,044
291,044
0.16%
May 16, 2024
Colony Group, LLC
new
-
77,000
77,000
-%
May 16, 2024
Virtus Investment Advisers, Inc.
sold off
-100
-44,727
-
-%
May 16, 2024
COMERICA BANK
added
0.9
4,733
21,581
-%
May 16, 2024
JANE STREET GROUP, LLC
reduced
-10.71
40,011
1,411,490
-%
May 16, 2024
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
reduced
-5.08
208,967
1,228,500
-%
May 16, 2024
JANE STREET GROUP, LLC
reduced
-54.9
-849,035
1,136,970
-%
May 15, 2024
D. E. Shaw & Co., Inc.
reduced
-37.06
-1,939,550
7,712,150
0.01%
May 15, 2024
JANUS HENDERSON GROUP PLC
added
0.01
104,584
495,906
-%
May 15, 2024
Manatuck Hill Partners, LLC
new
-
1,809,000
1,809,000
0.80%

1–10 of 30

Are Funds Buying or Selling INFN?

Are funds buying INFN calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own INFN
No. of Funds

Unveiling Infinera Corp's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 14, 2024
shapiro capital management llc
-
0
SC 13G
Feb 13, 2024
vanguard group inc
10.91%
24,750,346
SC 13G/A
Feb 09, 2024
brown advisory inc
6.5%
14,820,495
SC 13G/A
Feb 09, 2024
fmr llc
-
0
SC 13G/A
Jan 26, 2024
blackrock inc.
7.8%
17,754,504
SC 13G/A
Jun 09, 2023
vanguard group inc
10.32%
23,287,793
SC 13G/A
Mar 02, 2023
oaktree optical holdings, l.p.
11.3%
25,175,384
SC 13D/A
Feb 14, 2023
shapiro capital management llc
-
0
SC 13G
Feb 09, 2023
brown advisory inc
5.1%
11,150,355
SC 13G
Feb 09, 2023
fmr llc
-
0
SC 13G/A

Recent SEC filings of Infinera Corp

View All Filings
Date Filed Form Type Document
Jun 14, 2024
4
Insider Trading
Jun 14, 2024
4
Insider Trading
Jun 14, 2024
4
Insider Trading
Jun 14, 2024
4
Insider Trading
Jun 14, 2024
4
Insider Trading
Jun 14, 2024
4
Insider Trading
Jun 13, 2024
S-8
Employee Benefits Plan
Jun 12, 2024
8-K
Current Report
Jun 07, 2024
4
Insider Trading
Jun 07, 2024
8-K
Current Report

Peers (Alternatives to Infinera Corp)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
185.2B
55.4B
-4.57% -11.71%
15.29
3.35
0.85% 5.63%
106.6B
6.1B
6.34% 115.59%
46.6
17.54
25.22% 50.89%
35.9B
53.0B
17.92% 18.65%
12.11
0.68
-5.57% 13.23%
28.4B
29.1B
22.28% 24.30%
12.51
0.87
2.24% 133.29%
15.2B
4.3B
10.10% 74.05%
24.83
3.54
-5.30% 67.91%
11.6B
5.3B
2.63% 9.49%
51.56
2.16
-2.96% -55.26%
MID-CAP
8.8B
1.9B
-1.00% -21.95%
25.03
4.58
1.03% -11.76%
3.9B
2.4B
2.71% 0.90%
18.01
1.62
-8.79% -23.10%
3.4B
1.4B
7.67% -14.22%
-9.46
2.36
-21.81% -865.12%
SMALL-CAP
1.6B
1.2B
5.23% -50.66%
-251.94
1.3
-0.19% -110.91%
393.2M
1.1B
-5.69% -53.72%
-0.71
0.37
-12.01% -1246.95%
390.6M
205.3M
-14.41% 107.01%
-6.21
1.9
-8.19% 5.55%
115.8M
145.6M
-12.80% -0.45%
23.03
0.8
-0.89% 63.00%
70.8M
53.8M
27.57% 20.55%
-5.89
1.32
-28.06% -33.67%
11.8M
29.9M
-66.67% -96.28%
-0.15
0.4
39.86% -24.01%

Infinera Corp News

Latest updates
Defense World7 hours ago
Markets Insider15 May 202407:00 am
The Motley Fool3 months ago

Infinera Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Thousands)
Income Statement (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue-32.3%307453392376392486390358339400356338331354340332330385325296293
Cost Of Revenue-29.5%196279234233245305256249227258238218214227232234253273239235226
Gross Profit-36.9%11017515814314718113410911214211812011712610897.0077.0011187.0061.0066.00
Operating Expenses-6.2%153164151157156155144149148153149144140133135142154172156170178
  S&GA Expenses-4.2%41.0043.0041.0042.0042.0041.0034.0035.0036.0039.0033.0034.0033.0032.0029.0032.0037.0038.0036.0038.0040.00
  R&D Expenses-3.0%77.0080.0077.0079.0081.0078.0076.0079.0073.0076.0077.0074.0074.0065.0066.0067.0068.0069.0072.0074.0074.00
EBITDA Margin-56.6%0.02*0.06*0.07*0.07*0.05*0.03*0.00*-0.03*-0.01*-0.02*0.00*0.01*---------
Interest Expenses-2.1%9.009.008.007.007.007.007.007.005.0013.0013.0012.0012.0013.0013.0012.009.009.008.007.008.00
Income Taxes199.6%5.00-4.722.007.004.004.005.005.006.002.005.003.001.001.001.003.001.00-0.162.001.000.00
Earnings Before Taxes-793.8%-56.708.00-6.95-13.80-4.8437.00-7.10-50.40-35.40-30.62-48.30-32.50-47.30-8.82-34.54-59.00-98.33-66.76-83.22-112-121
EBT Margin-320.0%-0.05*-0.01*0.01*0.01*-0.02*-0.04*-0.08*-0.11*-0.10*-0.11*-0.10*-0.09*---------
Net Income-576.9%-61.3913.00-9.41-20.26-8.4133.00-11.93-55.72-41.85-33.07-53.79-35.59-48.32-9.92-35.90-61.63-99.27-66.59-84.77-113-121
Net Income Margin-227.4%-0.05*-0.02*0.00*0.00*-0.03*-0.05*-0.10*-0.13*-0.11*-0.12*-0.11*-0.10*---------
Free Cashflow-72.6%16.0058.00-43.11-9.35-18.58-8.879.00-83.09-0.27-7.70-19.707.00---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets-6.8%1,5651,6791,5681,5861,5981,6691,5001,4691,4961,5871,5331,5611,5671,7321,5711,5961,6671,6281,5061,5141,575
  Current Assets-9.1%1,0141,1151,0391,0551,0701,1339829269279929109149161,0629269521,017943823822875
    Cash Equivalents10.6%19117312416316418919813119219120322023431519720326213395.00109167
  Inventory-2.4%421431457427413375331310292291290274263269276288320340325339332
  Net PPE-----------------149151157159161
  Goodwill-4.5%230241225227234233224237250256265269265273256251239250234229222
  Current Liabilities-8.9%614674615629634704578555563612520515506634500562605715558532491
  Short Term Borrowings-----------0.000.0025.0010225.0028.0032.0032.007.00--
  Long Term Debt0.1%660659658676662668667640600477469461453446516508510324319284280
    LT Debt, Non Current0.1%660659658676662668667640600477469461453446516508510324319284280
Shareholder's Equity-25.4%162217181167186180114117170324340377393426349330362387427515617
  Retained Earnings-3.6%-1,786-1,724-1,737-1,728-1,708-1,699-1,733-1,721-1,665-1,698-1,664-1,611-1,575-1,527-1,517-1,481-1,419-1,319-1,253-1,168-1,054
  Additional Paid-In Capital0.7%1,9911,9761,9641,9421,9251,9011,8861,8671,8512,0262,0151,9961,9841,9651,8881,8391,8271,7411,7301,7161,703
Shares Outstanding0.4%232231229226222220215214212207206205---------
Float----688---835---1,602---778---372-
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations-69.8%24,02679,652-29,7931,420-1,769-56419,635-72,41915,7881,369-13,17521,30418,63052,216-36,427-36,572-91,517-10,190-37,193-63,813-56,154
  Share Based Compensation13.9%14,53112,75715,74517,99715,65116,59713,69617,78312,93913,26713,63213,93910,97412,91912,06312,77611,70311,6599,94613,0478,713
Cashflow From Investing62.3%-8,076-21,414-13,318-10,773-16,809-8,303-11,024-10,667-16,059-9,065-6,525-14,068-11,721-11,861-8,146-10,538-8,464-2,649-10,2706,358-6,048
Cashflow From Financing8.8%-3,022-3,3132,9109,3094,807-4,32645,42934,8316,412-4,8153,814-28,074-72,46957,31336,390-14,562255,02123,23732,799-45016,324
  Buy Backs------------------32.0039.00354-
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INFN Income Statement

2024-03-30
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 30, 2024
Apr. 01, 2023
Revenue:  
Total revenue$ 306,922$ 392,075
Cost of revenue:  
Amortization of intangible assets03,556
Restructuring and other related costs(27)0
Total cost of revenue196,481245,177
Gross profit110,441146,898
Operating expenses:  
Research and development77,26281,042
Sales and marketing40,74541,707
General and administrative32,84729,235
Amortization of intangible assets2,2563,589
Restructuring and other related costs314790
Total operating expenses153,424156,363
Loss from operations(42,983)(9,465)
Other (expense) income, net:  
Interest income1,122471
Interest expense(8,629)(6,800)
Other (loss) gain, net(6,212)10,956
Total other (expense) income, net(13,719)4,627
Loss before income taxes(56,702)(4,838)
Provision for income taxes4,6933,572
Net loss$ (61,395)$ (8,410)
Net loss per common share:  
Basic (in dollars per share)$ (0.27)$ (0.04)
Diluted (in dollars per share)$ (0.27)$ (0.04)
Weighted average shares used in computing net loss per common share:  
Basic (in shares)231,533222,393
Diluted (in shares)231,533222,393
Product  
Revenue:  
Total revenue$ 235,324$ 314,820
Cost of revenue:  
Cost of revenue156,265198,674
Services  
Revenue:  
Total revenue71,59877,255
Cost of revenue:  
Cost of revenue$ 40,243$ 42,947

INFN Balance Sheet

2024-03-30
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 30, 2024
Dec. 30, 2023
Current assets:  
Cash and cash equivalents$ 190,841$ 172,505
Short-term restricted cash492517
Accounts receivable, net265,072381,981
Inventory420,667431,163
Prepaid expenses and other current assets137,321129,218
Total current assets1,014,3931,115,384
Property, plant and equipment, net206,765206,997
Operating lease right-of-use assets37,57439,973
Intangible assets, net22,56324,819
Goodwill229,655240,566
Long-term restricted cash830837
Other long-term assets53,38350,662
Total assets1,565,1631,679,238
Current liabilities:  
Accounts payable239,241299,005
Accrued expenses and other current liabilities103,139110,758
Accrued compensation and related benefits88,91585,203
Short-term debt, net25,38125,512
Accrued warranty16,07417,266
Deferred revenue141,553136,248
Total current liabilities614,303673,992
Long-term debt, net659,583658,756
Long-term accrued warranty15,41815,934
Long-term deferred revenue24,64621,332
Long-term deferred tax liability1,6831,805
Long-term operating lease liabilities44,61747,464
Other long-term liabilities43,37143,364
Commitments and contingencies (Note 11)
Stockholders’ equity:  
Preferred stock, $0.001 par value Authorized shares – 25,000 and no shares issued and outstanding00
Common stock, $0.001 par value Authorized shares – 500,000 as of March 30, 2024 and December 30, 2023 Issued and outstanding shares – 231,962 as of March 30, 2024 and 230,994 as of December 30, 2023232231
Additional paid-in capital1,990,5371,976,014
Accumulated other comprehensive loss(43,026)(34,848)
Accumulated deficit(1,786,201)(1,724,806)
Total stockholders' equity161,542216,591
Total liabilities and stockholders’ equity$ 1,565,163$ 1,679,238
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 channels; and Infinera 7090 and 7100 series for transport platforms. It also offers Infinera XTM series, a packet-optical transport platform that enables metro connectivity solutions; Infinera XTC series, a multi-terabit packet optical transport platforms that integrates digital OTN switching and optical DWDM transmission; Infinera mTera series, a network transport solution; and Infinera XT series, a platform that is designed to power cloud scale network services over metro, DCI, long-haul, and subsea networks. In addition, the company provides 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 ICE-X Coherent Pluggable Optics. It also offers Infinera Transcend software suite; and system software and customer support services. The company serves telecommunications service providers, ICPs, cable providers, wholesale carriers, research and education institutions, large enterprises, and government entities. It markets and sells its products and related support services primarily through its direct sales force. The company was formerly known as Zepton Networks. Infinera Corporation was incorporated in 2000 and is headquartered in San Jose, California.
 CEO
 WEBSITEinfinera.com
 INDUSTRYComputer Hardware
 EMPLOYEES3267

Infinera Corp Frequently Asked Questions


What is the ticker symbol for Infinera Corp? What does INFN stand for in stocks?

INFN is the stock ticker symbol of Infinera Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Infinera Corp (INFN)?

As of Tue Jun 18 2024, market cap of Infinera Corp is 1.21 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of INFN stock?

You can check INFN's fair value in chart for subscribers.

What is the fair value of INFN stock?

You can check INFN's fair value in chart for subscribers. The fair value of Infinera Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Infinera Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for INFN so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Infinera Corp a good stock to buy?

The fair value guage provides a quick view whether INFN is over valued or under valued. Whether Infinera Corp is cheap or expensive depends on the assumptions which impact Infinera Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for INFN.

What is Infinera Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue Jun 18 2024, INFN's PE ratio (Price to Earnings) is -15.46 and Price to Sales (PS) ratio is 0.79. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. INFN PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Infinera Corp's stock?

In the past 10 years, Infinera Corp has provided -0.057 (multiply by 100 for percentage) rate of return.