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Infinera Corp Stock Research

INFN

7.59USD+0.23(+3.13%)Market Closed

Market Summary

USD7.59+0.23
Market Closed
3.13%

INFN Alerts

INFN Stock Price

INFN RSI Chart

INFN Valuation

Market Cap

1.7B

Price/Earnings (Trailing)

-22

Price/Sales (Trailing)

1.06

EV/EBITDA

27.5

Price/Free Cashflow

-20.01

INFN Price/Sales (Trailing)

INFN Profitability

Operating Margin

34.06%

EBT Margin

-3.53%

Return on Equity

-42.33%

Return on Assets

-4.56%

Free Cashflow Yield

-5%

INFN Fundamentals

INFN Revenue

Revenue (TTM)

1.6B

Revenue Y/Y

21.41%

Revenue Q/Q

24.46%

INFN Earnings

Earnings (TTM)

-76.0M

Earnings Y/Y

201.18%

Earnings Q/Q

380.45%

Price Action

52 Week Range

4.269.01
(Low)(High)

Last 7 days

-0.7%

Last 30 days

2.1%

Last 90 days

9.2%

Trailing 12 Months

-7.2%

INFN Financial Health

Current Ratio

1.61

INFN Investor Care

Shares Dilution (1Y)

4.27%

Diluted EPS (TTM)

-0.35

Peers (Alternatives to Infinera)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
205.2B
53.2B
2.51% -9.53%
18.16
3.86
3.13% -4.42%
49.9B
4.4B
13.09% 26.94%
36.91
11.39
48.62% 60.84%
45.0B
9.1B
-4.73% 15.58%
33.01
4.94
11.52% 9.48%
16.2B
1.8B
-7.22% 3.60%
46.46
9.03
-2.33% -35.05%
MID-CAP
8.5B
2.7B
-5.73% -28.67%
28.14
3.13
1.62% -10.71%
7.6B
3.8B
0.65% -12.07%
41.4
1.97
3.69% -62.64%
3.5B
1.8B
-15.26% -43.44%
121.02
1.89
7.24% -92.58%
2.6B
3.0B
12.01% -25.05%
-20.14
0.89
18.78% -488.35%
SMALL-CAP
1.7B
1.6B
2.08% -7.19%
-22
1.06
10.39% 55.47%
1.3B
9.2B
-26.59% -14.07%
-1.01
0.14
7.47% -178.19%
1.2B
1.0B
6.86% 8.53%
-596.12
1.18
82.15% 76.41%
514.6M
932.5M
-9.20% -25.11%
-7.46
0.55
-20.17% -239.69%
493.0M
296.9M
-17.34% -22.91%
24.41
1.66
-11.60% -46.02%

Financials for Infinera

Income Statement (Last 12 Months)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Revenue5.8%1,573,242,0001,487,563,0001,452,930,0001,433,172,0001,425,205,000
Cost Of Revenue4.8%1,037,466,000989,835,000971,524,000940,583,000927,231,000
Gross Profit7.6%535,776,000497,728,000481,406,000492,589,000497,974,000
Operating Expenses0.4%595,933,000593,385,000598,732,000593,449,000585,453,000
  S&GA Expenses1.6%146,445,000144,124,000143,428,000141,881,000138,829,000
  R&D Expenses0.7%306,188,000303,985,000304,477,000299,776,000299,894,000
EBITDA1228.2%54,334,000-4,816,000-40,257,000-5,644,000-
EBITDA Margin1166.6%0.030.00-0.030.00-
Earnings Before Taxes55.1%-55,511,000-123,554,000-164,716,000-146,853,000-158,740,000
EBT Margin57.5%-0.04-0.08-0.11-0.10-
Interest Expenses-17.1%26,015,00031,377,00037,483,00042,248,00049,099,000
Net Income46.7%-76,043,000-142,569,000-184,433,000-164,306,000-170,778,000
Net Income Margin49.6%-0.05-0.10-0.13-0.11-
Free Cahsflow-1.4%-83,613,000-82,442,000-110,753,000-20,431,000-
Balance Sheet
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Assets11.3%1,6691,5001,4691,4961,587
  Current Assets15.4%1,133982926927992
    Cash Equivalents-9.8%179198131192191
  Inventory13.2%375331310292291
  Goodwill3.8%233224237250256
  Current Liabilities21.8%704578555563612
    LT Debt, Current0%1.001.001.001.00-
    LT Debt, Non Current0.1%668667640599477
Shareholder's Equity57.3%180114117170324
  Retained Earnings1.9%-1,699-1,733-1,721-1,665-1,698
  Additional Paid-In Capital0.8%1,9011,8861,8671,8512,026
Shares Outstanding0.7%220219216213211
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Cashflow From Operations-5.4%-37.56-35.63-68.4425.0028.00
  Share Based Compensation5.8%61.0058.0058.0054.0052.00
Cashflow From Investing1.6%-46.05-46.81-42.32-45.72-41.38
Cashflow From Financing0.6%82.0082.0040.00-22.66-101
  Buy Backs-48.3%4.007.00---

Risks for INFN

What is the probability of a big loss on INFN?

100%


Probability that Infinera stock will be more than 20% underwater in next one year

86.9%


Probability that Infinera stock will be more than 30% underwater in next one year.

73.1%


Probability that Infinera stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does INFN drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Infinera was unfortunately bought at previous high price.

Drawdowns

Returns for INFN

Cumulative Returns on INFN

0.4%


10-Year Cumulative Returns

-10.5%


7-Year Cumulative Returns

-8.1%


5-Year Cumulative Returns

20.1%


3-Year Cumulative Returns

What are the long-term rolling returns for INFN?

FIve years rolling returns for Infinera.

Annualized Returns

Which funds bought or sold INFN recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-03-10
BAILLIE GIFFORD & CO
unchanged
-
5,822
19,822
-%
2023-03-10
VICTORY CAPITAL MANAGEMENT INC
added
23.51
9,526,510
22,759,500
0.03%
2023-03-06
Rockefeller Capital Management L.P.
unchanged
-
12,000
42,000
-%
2023-02-28
Voya Investment Management LLC
reduced
-27.1
48,440
3,258,440
-%
2023-02-24
NATIXIS
reduced
-72.7
-1,043,700
640,300
-%
2023-02-22
Kovack Advisors, Inc.
added
0.83
588,193
2,042,190
0.30%
2023-02-21
MACQUARIE GROUP LTD
sold off
-100
-38,000
-
-%
2023-02-17
Coppell Advisory Solutions Corp.
new
-
9,348
9,348
-%
2023-02-15
NOMURA HOLDINGS INC
reduced
-14.82
338,000
2,184,000
0.01%
2023-02-15
TD Capital Management LLC
unchanged
-
793
1,793
-%

1–10 of 30

Latest Funds Activity

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

Infinera News

Defense World

Infinera Co. (NASDAQ:INFN) Short Interest Up 6.6% in February.

Defense World,
45 hours ago

Investor's Business Daily

Marketing Sentinel

Zacks Investment Research

The Bakersfield Californian

Infinera: Q4 Earnings Snapshot | News | bakersfield.com.

The Bakersfield Californian,
24 days ago

Schedule 13G FIlings of Infinera

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
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
Feb 09, 2023
vanguard group inc
8.92%
19,590,336
SC 13G/A
Jan 31, 2023
blackrock inc.
7.3%
15,980,691
SC 13G/A
Feb 14, 2022
gilder gagnon howe & co llc
3.1%
6,559,821
SC 13G/A
Feb 11, 2022
gilder gagnon howe & co llc
7.2%
13,976,811
SC 13G
Feb 09, 2022
fmr llc
-
0
SC 13G/A
Feb 03, 2022
blackrock inc.
6.5%
13,801,595
SC 13G/A

INFN Fair Value

Infinera fair value in different scenarios

The table shows the Fair Value estimates for Infinera for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

1.67

-78.00%

2.07

-72.73%

2.86

-62.32%

4.24

-44.14%

6.07

-20.03%
Current Inflation

1.55

-79.58%

1.89

-75.10%

2.57

-66.14%

3.75

-50.59%

5.33

-29.78%
Very High Inflation

1.39

-81.69%

1.67

-78.00%

2.21

-70.88%

3.17

-58.23%

4.46

-41.24%

Historical Infinera Fair Value Estimates


Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price

Recent SEC filings of Infinera

View All Filings
Date Filed Form Type Document
Mar 13, 2023
4
Insider Trading
Mar 13, 2023
4
Insider Trading
Mar 13, 2023
4
Insider Trading
Mar 13, 2023
4
Insider Trading
Mar 13, 2023
4
Insider Trading
Mar 13, 2023
4
Insider Trading
Mar 07, 2023
4
Insider Trading
Mar 07, 2023
4
Insider Trading
Mar 07, 2023
4
Insider Trading
Mar 07, 2023
4
Insider Trading

Latest Insider Trading transactions for INFN

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-03-05
TEICHMANN DAVID
acquired
-
-
24,042
chief legal officer
2023-03-05
HEARD DAVID W
sold (taxes)
-417,920
7.33
-57,015
chief executive officer
2023-03-05
Walden Nicholas
acquired
-
-
21,333
svp, worldwide sales
2023-03-05
Walden Nicholas
sold (taxes)
-62,752
7.33
-8,561
svp, worldwide sales
2023-03-05
HEARD DAVID W
acquired
-
-
108,288
chief executive officer
2023-03-05
Erba Nancy
acquired
-
-
37,292
chief financial officer
2023-03-05
Welch David F
acquired
-
-
39,584
-
2023-03-05
Fernicola Michael H
acquired
-
-
25,000
chief accounting officer
2023-03-05
Erba Nancy
sold (taxes)
-145,339
7.33
-19,828
chief financial officer
2023-03-05
Welch David F
sold (taxes)
-104,460
7.33
-14,251
-

1–10 of 50

David W. Heard
3220
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 WDM 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. 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-XR Coherent Pluggable Optics. It also offers Infinera Transcend software suite; and system software and customer support services. The company also 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. The company was incorporated in 2000 and is headquartered in San Jose, California.

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