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INFN

INFN - Infinera Corp Stock Price, Fair Value and News

5.89USD+0.38 (+6.90%)Delayed as of 28 Mar 2024, 11:04 am ET

Market Summary

INFN
USD5.89+0.38
Delayedas of 28 Mar 2024, 11:04 am
6.90%

INFN Stock Price

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INFN RSI Chart

INFN Valuation

Market Cap

1.3B

Price/Earnings (Trailing)

-275.53

Price/Sales (Trailing)

0.77

EV/EBITDA

15.06

Price/Free Cashflow

-15.96

INFN Price/Sales (Trailing)

INFN Profitability

Operating Margin

38.17%

EBT Margin

0.72%

Return on Equity

-2.55%

Return on Assets

-0.3%

Free Cashflow Yield

-6.27%

INFN Fundamentals

INFN Revenue

Revenue (TTM)

1.6B

Rev. Growth (Yr)

0.49%

Rev. Growth (Qtr)

4.29%

INFN Earnings

Earnings (TTM)

-4.6M

Earnings Growth (Yr)

21.1%

Earnings Growth (Qtr)

53.55%

Breaking Down INFN Revenue

52 Week Range

3.627.80
(Low)(High)

Last 7 days

19.7%

Last 30 days

6.1%

Last 90 days

14.1%

Trailing 12 Months

-37%

How does INFN drawdown profile look like?

INFN Financial Health

Current Ratio

1.69

Debt/Equity

3.63

Debt/Cashflow

-0.05

INFN Investor Care

Shares Dilution (1Y)

3.93%

Diluted EPS (TTM)

-0.01

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20231.6B1.6B1.6B0
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

Tracking the Latest Insider Buys and Sells of Infinera Corp

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Mar 05, 2024
fernicola michael h
sold (taxes)
-16,819
5.15
-3,266
chief accounting officer
Mar 05, 2024
teichmann david
acquired
-
-
4,583
chief legal officer
Mar 05, 2024
walden nicholas
sold (taxes)
-14,996
5.15
-2,912
svp, worldwide sales
Mar 05, 2024
welch david f
acquired
-
-
8,334
-
Mar 05, 2024
heard david w
acquired
-
-
19,259
chief executive officer
Mar 05, 2024
teichmann david
sold (taxes)
-13,214
5.15
-2,566
chief legal officer
Mar 05, 2024
erba nancy
acquired
-
-
7,708
chief financial officer
Mar 05, 2024
heard david w
sold (taxes)
-38,846
5.15
-7,543
chief executive officer
Mar 05, 2024
welch david f
sold (taxes)
-17,592
5.15
-3,416
-
Mar 05, 2024
erba nancy
sold (taxes)
-23,442
5.15
-4,552
chief financial officer

1–10 of 50

Which funds bought or sold INFN recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Mar 22, 2024
PNC FINANCIAL SERVICES GROUP, INC.
added
4.91
1,374
8,526
-%
Mar 11, 2024
VANGUARD GROUP INC
added
1.93
16,069,400
117,564,000
-%
Mar 01, 2024
GOLDMAN SACHS GROUP INC
added
357
19,260,600
23,846,700
-%
Feb 28, 2024
AMERICAN INTERNATIONAL GROUP, INC.
reduced
-0.4
54,862
471,148
-%
Feb 20, 2024
Wellington Wealth Strategies, LLC.
new
-
190,000
190,000
0.16%
Feb 16, 2024
PRICE T ROWE ASSOCIATES INC /MD/
added
11.34
142,000
674,000
-%
Feb 16, 2024
GSA CAPITAL PARTNERS LLP
added
3.03
88,000
607,000
0.05%
Feb 15, 2024
Virtus Investment Advisers, Inc.
new
-
45,167
45,167
0.03%
Feb 15, 2024
Virtus Investment Advisers, Inc.
new
-
44,727
44,727
0.03%
Feb 15, 2024
BARCLAYS PLC
added
285
1,170,000
1,516,000
-%

1–10 of 33

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
Mar 15, 2024
8-K
Current Report
Mar 12, 2024
4
Insider Trading
Mar 12, 2024
4
Insider Trading
Mar 12, 2024
4
Insider Trading
Mar 12, 2024
4
Insider Trading
Mar 12, 2024
4
Insider Trading
Mar 06, 2024
4
Insider Trading
Mar 06, 2024
8-K
Current Report
Mar 06, 2024
4
Insider Trading
Mar 06, 2024
4
Insider Trading

What is the Fair Value of INFN?

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Cheap
or
Expensive?


Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224


Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index
Very Expensive Stocks
Very Cheap Stocks

Peers (Alternatives to Infinera Corp)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
201.6B
57.2B
2.77% 0.76%
15
3.52
7.66% 18.93%
90.2B
5.9B
17.07% 89.63%
43.21
15.39
33.75% 54.34%
29.5B
53.1B
5.14% 10.82%
8.65
0.56
-11.04% 34.01%
23.0B
29.1B
16.34% 16.75%
11.35
0.79
2.24% 133.29%
13.9B
4.2B
5.75% 80.08%
28.68
3.28
-11.68% 12.69%
12.0B
5.6B
0.35% 17.60%
38.69
2.16
4.97% -34.14%
MID-CAP
7.0B
1.9B
-10.05% -56.13%
18.83
3.73
4.69% 6.86%
3.8B
2.5B
11.60% 3.31%
15.78
1.52
-3.62% -4.73%
3.3B
1.4B
2.23% -11.62%
-12.25
2.27
-21.40% -1031.82%
SMALL-CAP
1.5B
1.3B
-4.19% -35.69%
18.57
1.11
14.09% 64.56%
536.0M
217.6M
-31.21% 522.03%
-9.56
2.46
-2.32% 15.59%
420.9M
1.1B
-17.62% -65.32%
-1.57
0.37
12.05% -13041.29%
132.9M
148.3M
2.46% 33.95%
39.72
0.9
12.07% 519.63%
57.2M
29.7M
-26.92% -80.48%
-0.83
1.93
39.86% -13.06%
56.8M
56.0M
33.75% 0.75%
-4.57
1.01
-26.16% -43.53%

Infinera Corp News

Latest updates
MarketBeat15 hours ago
MarketBeat41 hours ago
InvestorsObserver22 Mar 202404:22 pm
Defense World09 Mar 202408:00 am
sharewise07 Mar 202408:00 am
Simply Wall St12 Feb 202408:00 am

Infinera Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
Income Statement (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Revenue4.3%392,369,000376,228,000392,075,000485,936,000390,447,000357,985,000338,874,000400,257,000355,814,000338,227,000330,907,000353,525,000340,211,000331,587,000330,273,000384,567,000325,341,000296,250,000292,707,000332,058,000200,413,000
Cost Of Revenue0.3%234,049,000233,436,000245,177,000305,422,000256,032,000248,785,000227,227,000257,791,000237,721,000217,844,000213,875,000227,382,000231,935,000234,180,000253,307,000273,161,000238,512,000234,994,000226,275,000247,554,000130,234,000
Gross Profit10.9%158,320,000142,792,000146,898,000180,514,000134,415,000109,200,000111,647,000142,466,000118,093,000120,383,000117,032,000126,143,000108,276,00097,407,00076,966,000111,406,00086,829,00061,256,00066,432,00084,504,00070,179,000
Operating Expenses-4.1%150,665,000157,083,000156,363,000155,156,000143,722,000148,914,000148,141,000152,608,000149,069,000143,631,000140,145,000132,919,000135,193,000142,033,000153,846,000172,277,000156,116,000169,640,000178,120,000198,728,00095,337,000
  S&GA Expenses-1.3%41,075,00041,624,00041,707,00041,373,00033,919,00035,329,00035,824,00039,052,00033,223,00033,782,00032,772,00032,145,00028,954,00031,816,00036,689,00037,979,00035,756,00037,651,00040,037,00042,680,00024,439,000
  R&D Expenses-3.2%76,846,00079,346,00081,042,00077,986,00076,156,00078,635,00073,411,00075,783,00076,648,00073,934,00073,529,00064,728,00065,636,00067,090,00068,180,00068,632,00071,748,00073,937,00073,660,00078,805,00050,658,000
EBITDA Margin-0.2%0.070.070.050.030.00-0.03-0.01-0.020.000.010.00-0.04---------
Interest Expenses3.0%7,608,0007,387,0006,800,0007,255,0006,516,0007,252,0004,992,00012,617,00012,622,00012,017,00011,843,00012,853,00012,645,00012,436,0008,794,0008,946,0007,868,0007,280,0007,563,00013,705,0002,160,000
Income Taxes-61.5%2,500,0006,500,0003,600,0003,983,5004,792,0005,300,0006,437,0002,447,0005,455,0003,100,0001,011,0001,105,0001,359,0002,635,000936,000-163,0001,548,0001,385,000193,00012,000135,000
Earnings Before Taxes50.0%-6,900,000-13,800,000-4,838,00037,403,000-7,100,000-50,382,000-35,413,000-30,621,000-48,300,000-32,500,000-47,300,000-8,819,000-34,537,000-59,000,000-98,332,000-66,757,000-83,219,000-112,271,000-121,408,000-133,455,000-32,475,000
EBT Margin1.3%0.010.01-0.02-0.04-0.08-0.11-0.10-0.11-0.10-0.09-0.11-0.15---------
Net Income53.5%-9,413,000-20,263,000-8,410,00033,458,000-11,930,000-55,721,000-41,850,000-33,068,000-53,794,000-35,594,000-48,322,000-9,924,000-35,896,000-61,635,000-99,268,000-66,594,000-84,767,000-113,656,000-121,601,000-133,467,000-32,610,000
Net Income Margin35.3%0.000.00-0.03-0.05-0.10-0.13-0.11-0.12-0.11-0.10-0.11-0.15---------
Free Cashflow-360.9%-43,111,000-9,353,000-18,578,000-8,867,0008,611,000-83,086,000-271,000-7,696,000-19,700,0007,236,0006,909,00040,355,000---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Assets-1.1%1,5681,5861,5981,6691,5001,4691,4961,5871,5331,5611,5671,7321,5711,5961,6671,6281,5061,5141,5751,8011,247
  Current Assets-1.6%1,0391,0551,0701,1339829269279929109149161,0629269521,017943823822875957856
    Cash Equivalents-24.0%12416316417919813119220320322023429819720326213395.00109167242416
  Inventory6.9%457427413375331310292291290274263269276288320340325339332312212
  Net PPE---------------149151157159161168132
  Goodwill-1.0%22522723423322423725025626526926527325625123925023422922222748.00
  Current Liabilities-2.3%615629634704578555563612520515506634500562605715558532491503219
  Short Term Borrowings---------0.000.0025.0010225.0028.0032.0032.007.00----
  Long Term Debt-2.7%658676662668667640599477469461453446516508510324319284280267263
    LT Debt, Non Current-2.7%658676662668667640599477469461453446516508510324319284280267263
Shareholder's Equity8.4%181167186180114117170324340377393426349330362387427515617704704
  Retained Earnings-0.5%-1,737-1,728-1,708-1,699-1,733-1,721-1,665-1,698-1,664-1,611-1,575-1,527-1,517-1,481-1,419-1,319-1,253-1,168-1,054-933-823
  Additional Paid-In Capital1.1%1,9641,9421,9251,9011,8861,8671,8512,0262,0151,9961,9841,9651,8881,8391,8271,7411,7301,7161,7031,6861,547
Shares Outstanding1.3%229226225220215216212211209207203188---------
Float------835---1,602---778---372---
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Cashflow From Operations-2198.1%-29,7931,420-1,769-56419,635-72,41915,7881,369-13,17521,30418,63052,216-36,427-36,572-91,517-10,190-37,193-63,813-56,154-71,554-20,411
  Share Based Compensation-12.5%15,74517,99715,65116,59713,69617,78312,93913,26713,63213,93910,97412,91912,06312,77611,70311,6599,94613,0478,7139,01611,367
Cashflow From Investing-23.6%-13,318-10,773-16,809-8,303-11,024-10,667-16,059-9,065-6,525-14,068-11,721-11,861-8,146-10,538-8,464-2,649-10,2706,358-6,048-109,56425,451
Cashflow From Financing-68.7%2,9109,3094,807-4,32645,42934,8316,412-4,8153,814-28,074-72,46957,31336,390-14,562255,02123,23732,799-45016,324-1,262349,049
  Buy Backs----------------32.0039.00354-51.00129

INFN Income Statement

2022-12-31
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 25, 2021
Dec. 26, 2020
Revenue:   
Revenue$ 1,573,242$ 1,425,205$ 1,355,596
Cost of revenue:   
Amortization of intangible assets23,13819,62129,247
Acquisition and integration costs001,828
Restructuring and other related costs2221,5314,146
Total cost of revenue1,037,466927,231946,804
Gross profit535,776497,974408,792
Operating expenses:   
Research and development306,188299,894265,634
Sales and marketing146,445138,829129,604
General and administrative118,602115,415112,240
Amortization of intangible assets14,57617,45518,581
Acquisition and integration costs061413,346
Restructuring and other related costs10,12213,24624,586
Total operating expenses595,933585,453563,991
Loss from operations(60,157)(87,479)(155,199)
Other income (expense), net:   
Interest income893455118
Interest expense(26,015)(49,099)(46,728)
Gain on extinguishment of debt15,52100
Other income (expense), net14,247(22,667)1,121
Total other income (expense), net4,646(71,311)(45,489)
Loss before income taxes(55,511)(158,790)(200,688)
Provision for income taxes20,53211,9886,035
Net loss$ (76,043)$ (170,778)$ (206,723)
Net loss per common share:   
Basic (in usd per share)$ (0.35)$ (0.82)$ (1.10)
Diluted (in usd per share)$ (0.35)$ (0.82)$ (1.10)
Weighted average shares used in computing net loss per common share:   
Basic (in shares)216,376207,377188,216
Diluted (in shares)216,376207,377188,216
Product   
Revenue:   
Revenue$ 1,268,624$ 1,099,376$ 1,045,551
Cost of revenue:   
Cost of revenue852,476732,071751,465
Services   
Revenue:   
Revenue304,618325,829310,045
Cost of revenue:   
Cost of revenue$ 161,630$ 174,008$ 160,118

INFN Balance Sheet

2022-12-31
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 25, 2021
Current assets:  
Cash and cash equivalents$ 178,657$ 190,611
Short-term restricted cash7,2742,840
Accounts receivable, net419,735358,954
Inventory374,855291,367
Prepaid expenses and other current assets152,451147,989
Total current assets1,132,972991,761
Property, plant and equipment, net172,929160,218
Operating lease right-of-use assets34,54345,338
Intangible assets, net47,78786,574
Goodwill232,663255,788
Long-term restricted cash3,2729,070
Other long-term assets44,97238,475
Total assets1,669,1381,587,224
Current liabilities:  
Accounts payable304,880216,404
Accrued expenses and other current liabilities141,450147,029
Accrued compensation and related benefits78,84988,021
Short-term debt, net510533
Accrued warranty19,74723,204
Deferred revenue158,501137,297
Total current liabilities703,937612,488
Long-term debt, net667,719476,789
Long-term accrued warranty16,87421,106
Long-term deferred revenue23,17831,612
Long-term deferred tax liability2,3482,364
Long-term operating lease liabilities45,86254,326
Other long-term liabilities29,57364,768
Commitments and contingencies (Note 13)
Stockholders’ equity:  
Preferred stock, $0.001 par value Authorized shares—25,000 and no shares issued and outstanding00
Common stock, $0.001 par value Authorized shares—500,000 in 2022 and 500,000 in 2021 Issued and outstanding shares—220,408 in 2022 and 211,381 in 2021220211
Additional paid-in capital1,901,4912,026,098
Accumulated other comprehensive loss(22,471)(4,496)
Accumulated deficit(1,699,593)(1,698,042)
Total stockholders' equity179,647323,771
Total liabilities and stockholders’ equity$ 1,669,138$ 1,587,224
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
 WEBSITEwww.infinera.com
 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 Wed Mar 27 2024, market cap of Infinera Corp is 1.28 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 Wed Mar 27 2024, INFN's PE ratio (Price to Earnings) is -275.53 and Price to Sales (PS) ratio is 0.77. 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 -0.056 (multiply by 100 for percentage) rate of return.