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INFN

6.75USD+0.28(+4.33%)Market Closed

Infinera Corp

Market Summary

USD6.75+0.28Market Closed
4.33%

INFN Alerts

INFN Stock Price

RSI Chart

Valuation

Market Cap

1.2B

Price/Earnings

-6.72

Price/Sales

0.85

Price/Cashflow

-18.1

MarketCap/EBT

-7.52

Price/Sales

Profitability

Operating Margin

33.13%

EBT Margin

-11.34%

Return on Equity

-158.23%

Return on Assets

-12.56%

Fundamentals

Revenue

Revenue (TTM)

1.5B

Revenue Y/Y

9.73%

Revenue Q/Q

9.07%

Earnings

Earnings (TTM)

-142.6M

Earnings Y/Y

77.82%

Earnings Q/Q

78.59%

Price Action

52 Week Range

4.269.86
(Low)(High)

Last 7 days

5.0%

Last 30 days

20.3%

Last 90 days

32.1%

Trailing 12 Months

-17.0%

Financial Health

Current Ratio

1.67

Investor Care

Shares Dilution (1Y)

4.25%

Diluted EPS (TTM)

-0.67

Peers (Alternatives to Infinera)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
187.5B
52.3B
9.44% -6.49%
15.88
3.64
2.95% 0.92%
41.7B
8.5B
9.01% 8.65%
34.7
4.93
7.28% 4.25%
37.0B
3.9B
15.26% 12.28%
35.71
10.55
41.78% 48.45%
21.2B
1.7B
-13.11% 1.38%
55.88
12.51
-10.87% -42.64%
MID-CAP
8.7B
2.7B
8.19% -32.06%
25.19
3.23
3.55% -2.74%
7.1B
3.7B
-6.14% -25.35%
35.96
1.93
8.67% -56.95%
5.1B
1.8B
-26.21% -36.68%
25.63
2.98
1.85% -71.58%
3.1B
2.8B
-16.77% -23.03%
-74.54
1.11
8.62% -195.17%
2.8B
8.9B
-32.93% -10.84%
-6.78
0.32
3.52% -19.87%
SMALL-CAP
1.9B
821.4M
6.86% 8.53%
-136.61
3
52.40% -2802.70%
1.2B
1.5B
20.32% -16.97%
-6.72
0.85
7.91% 3.43%
1.0B
2.0B
-7.79% -36.43%
15.97
0.5
3.03% -62.82%
570.4M
934.6M
0.41% -26.22%
-9.98
0.58
-27.21% -178.61%
528.2M
291.1M
10.03% -21.76%
77.7
1.85
-14.37% -75.02%

Financials for Infinera

Income Statement (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Revenue2.4%1,4881,4531,4331,4251,378
Cost Of Revenue1.9%990972941927897
Gross Profit3.4%498481493498482
Operating Expenses-0.9%593599593585566
  S&GA Expenses0.5%144143142139132
  R&D Expenses-0.2%304304300300289
Earnings Before Taxes25.0%-123.55-164.72-146.85-158.75-136.95
Net Income22.7%-142.57-184.43-164.31-170.78-147.63
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Assets2.1%1,5001,4691,4961,5871,533
  Current Assets6.0%982926927992910
    Cash Equivalents51.3%198131192191203
  Inventory6.9%331310292291290
  Goodwill-5.5%224237250256265
  Current Liabilities4.1%578555563612520
.    Short Term Borrowings-0----
    LT Debt, Current0%1111-
    LT Debt, Non Current4.2%667640599477469
Shareholder's Equity-2.0%114117170324340
  Retained Earnings-0.7%-1,733.05-1,721.12-1,665.40-1,698.04-1,664.97
  Additional Paid-In Capital0.9%1,8671,8512,0262,015-
Shares Outstanding1.1%219216213211210
* denotes actual numbers (not divided by Millions)
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Cashflow From Operations47.9%-35.63-68.44252879
  Share Based Compensation0.1%5858545251
Cashflow From Investing-10.6%-46.81-42.32-45.72-41.38-44.17
Cashflow From Financing103.4%8240-22.66-101.54-39.42
  Buy Backs-7

Risks

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.

Returns

Cumulative Returns on INFN

1.9%


10-Year Cumulative Returns

-15.8%


7-Year Cumulative Returns

-0.9%


5-Year Cumulative Returns

1.9%


3-Year Cumulative Returns

What are the long-term rolling returns for INFN?

FIve years rolling returns for Infinera.

Which funds bought or sold INFN recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2022-11-23
Eagle Bay Advisors LLC
ADDED
33.33
1,500
12,000
0.01%
2022-11-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
REDUCED
-0.68
-135,000
1,168,000
-%
2022-11-16
CAPTRUST FINANCIAL ADVISORS
SOLD OFF
-100
-3,000
-
-%
2022-11-15
CONCOURSE FINANCIAL GROUP SECURITIES, INC.
SOLD OFF
-
-
-
-%
2022-11-15
Almanack Investment Partners, LLC.
NEW
-
17,000
17,000
-%
2022-11-15
JACOBS LEVY EQUITY MANAGEMENT, INC
REDUCED
-6.94
-2,546,000
13,397,000
0.11%
2022-11-15
CONCOURSE FINANCIAL GROUP SECURITIES, INC.
SOLD OFF
-
-
-
-%
2022-11-15
STATE STREET CORP
REDUCED
-0.94
-2,306,000
19,542,000
-%
2022-11-15
NOMURA HOLDINGS INC
REDUCED
-66.1
-4,272,000
1,846,000
0.01%
2022-11-15
Laurel Wealth Advisors LLC
SOLD OFF
-100
-3,000
-
-%

1–10 of 38

Latest Funds Activity

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

Infinera News

ETF Daily News

Infinera Co. (NASDAQ:INFN) Stock Position Increased by Swiss National Bank.2 days ago

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

0.29

-95.70%

0.94

-86.07%

2.13

-68.44%

3.38

-49.93%

5.66

-16.15%

Current Inflation

0.28

-95.85%

0.85

-87.41%

1.90

-71.85%

3.00

-55.56%

4.98

-26.22%

Very High Inflation

0.26

-96.15%

0.75

-88.89%

1.63

-75.85%

2.54

-62.37%

4.19

-37.93%

Historical Infinera Fair Value Estimates


Recent SEC filings of Infinera

View All Filings
Date Filed Form Type Document
Nov 07, 2022
4
Insider Trading
Nov 02, 2022
10-Q
Quarterly Report
Nov 02, 2022
8-K
Current Report
Oct 07, 2022
4
Insider Trading
Oct 07, 2022
4
Insider Trading
Oct 07, 2022
4
Insider Trading
Oct 07, 2022
4
Insider Trading
Oct 07, 2022
4
Insider Trading
Oct 07, 2022
4
Insider Trading
Sep 07, 2022
4
Insider Trading

Latest Insider Trading transactions for INFN

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2022-11-05
Walden Nicholas
ACQUIRED
-
-
3,925
SVP, Worldwide Sales
2022-11-05
Walden Nicholas
SOLD FOR TAXES
-9,888
6.4
-1,545
SVP, Worldwide Sales
2022-09-05
Welch David F
ACQUIRED
-
-
6,250
-
2022-09-05
Erba Nancy
SOLD (Taxes)
-390,303
5.04
-77,441
Chief Financial Officer
2022-09-05
Fernicola Michael H
ACQUIRED
-
-
35,000
Chief Accounting Officer
2022-09-05
Erba Nancy
ACQUIRED
-
-
147,084
Chief Financial Officer
2022-09-05
Fernicola Michael H
SOLD (Taxes)
-87,464.2
5.04
-17,354
Chief Accounting Officer
2022-09-05
TEICHMANN DAVID
ACQUIRED
-
-
5,709
Chief Legal Officer
2022-09-05
HEARD DAVID W
SOLD (Taxes)
-82,928.2
5.04
-16,454
Chief Executive Officer
2022-09-05
Welch David F
SOLD (Taxes)
-15,452.6
5.04
-3,066
-

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

2022-09-24
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended9 Months Ended
Sep. 24, 2022
Sep. 25, 2021
Sep. 24, 2022
Sep. 25, 2021
Revenue:    
Total revenue$ 390,447$ 355,814$ 1,087,306$ 1,024,948
Cost of revenue:    
Amortization of intangible assets6,2274,60918,68713,839
Restructuring and other related costs221,4341851,679
Total cost of revenue256,032237,721732,044669,440
Gross profit134,415118,093355,262355,508
Operating expenses:    
Research and development76,15676,648228,202224,111
Sales and marketing33,91933,223105,07299,777
General and administrative28,92328,30186,96387,004
Amortization of intangible assets3,5824,35110,99513,148
Acquisition and integration costs000614
Restructuring and other related costs1,1426,5469,5458,191
Total operating expenses143,722149,069440,777432,845
Loss from operations(9,307)(30,976)(85,515)(77,337)
Other income (expense), net:    
Interest income2692242689
Interest expense(6,516)(12,622)(18,760)(36,482)
Gain on extinguishment of debt15,521015,5210
Other loss(7,105)(4,763)(4,605)(14,439)
Total other income (expense), net2,169(17,363)(7,418)(50,832)
Loss before income taxes(7,138)(48,339)(92,933)(128,169)
Provision for income taxes4,7925,45516,5689,541
Net loss$ (11,930)$ (53,794)$ (109,501)$ (137,710)
Net loss per common share:    
Basic (in dollars per share)$ (0.05)$ (0.26)$ (0.51)$ (0.67)
Diluted (in dollars per share)$ (0.05)$ (0.26)$ (0.51)$ (0.67)
Weighted average shares used in computing net loss per common share:    
Basic (in shares)217,620209,183215,104206,201
Diluted (in shares)217,620209,183215,104206,201
Product    
Revenue:    
Total revenue$ 317,439$ 270,818$ 869,744$ 782,420
Cost of revenue:    
Cost of revenue210,018187,956597,027525,494
Services    
Revenue:    
Total revenue73,00884,996217,562242,528
Cost of revenue:    
Cost of revenue$ 39,765$ 43,722$ 116,145$ 128,428

INFN Balance Sheet

2022-09-24
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 24, 2022
Dec. 25, 2021
Current assets:  
Cash and cash equivalents$ 198,044$ 190,611
Short-term restricted cash8,9462,840
Accounts receivable, net284,001358,954
Inventory331,058291,367
Prepaid expenses and other current assets159,825147,989
Total current assets981,874991,761
Property, plant and equipment, net160,053160,218
Operating lease right-of-use assets35,39645,338
Intangible assets55,58386,574
Goodwill224,238255,788
Long-term restricted cash3,0279,070
Other long-term assets39,51738,475
Total assets1,499,6881,587,224
Current liabilities:  
Accounts payable246,124216,404
Accrued expenses and other current liabilities133,577147,029
Accrued compensation and related benefits70,43888,021
Short-term debt, net547533
Accrued warranty20,75823,204
Deferred revenue106,738137,297
Total current liabilities578,182612,488
Long-term debt, net667,070476,789
Long-term accrued warranty18,21421,106
Long-term deferred revenue22,59231,612
Long-term deferred tax liability1,9392,364
Long-term operating lease liabilities47,29454,326
Other long-term liabilities50,19664,768
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, $0.001 par value Authorized shares – 500,000 as of September 24, 2022 and December 25, 2021 Issued and outstanding shares – 218,863 as of September 24, 2022 and 211,381 as of December 25, 2021219211
Additional paid-in capital1,886,1662,026,098
Accumulated other comprehensive loss(39,133)(4,496)
Accumulated deficit(1,733,051)(1,698,042)
Total stockholders' equity114,201323,771
Total liabilities and stockholders’ equity$ 1,499,688$ 1,587,224