INFN - Infinera Corporation

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
6.95
+0.35 (+5.30%)
At close: 4:00PM EST
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Previous Close6.60
Open6.60
Bid6.96 x 2900
Ask7.00 x 21500
Day's Range6.60 - 6.97
52 Week Range2.80 - 6.97
Volume2565361
Avg. Volume2,098,357
Market Cap1.3B
Beta (5Y Monthly)0.61
PE Ratio (TTM)N/A
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
  • Infinera relocates corporate HQ to San Jose
    American City Business Journals

    Infinera relocates corporate HQ to San Jose

    The fiber optic equipment maker is moving parts of its worldwide headquarters in Sunnyvale to South San Jose.

  • Is Infinera Corp. (INFN) A Good Stock To Buy?
    Insider Monkey

    Is Infinera Corp. (INFN) A Good Stock To Buy?

    The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. We have processed the filings of the more than 700 world-class investment firms that we track and now have access to the collective wisdom contained in […]

  • CenturyLink-Infinera Partner for Advanced Computing Solutions
    Zacks

    CenturyLink-Infinera Partner for Advanced Computing Solutions

    CenturyLink (CTL) leverages robust fiber network and enhanced computing solutions to meet the high-end connectivity requirements of research and education communities in collaboration with Infinera.

  • Infinera (INFN) Catches Eye: Stock Jumps 6%
    Zacks

    Infinera (INFN) Catches Eye: Stock Jumps 6%

    Infinera (INFN) saw a big move last session, as its shares jumped 6% on the day, amid huge volumes.

  • Thomson Reuters StreetEvents

    Edited Transcript of INFN earnings conference call or presentation 12-Nov-19 1:00pm GMT

    Q3 2019 Infinera Corp Earnings Call

  • Infinera (INFN) Reports Q3 Loss, Lags Revenue Estimates
    Zacks

    Infinera (INFN) Reports Q3 Loss, Lags Revenue Estimates

    Infinera (INFN) delivered earnings and revenue surprises of 0.00% and -1.29%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?

  • Earnings Preview: Infinera (INFN) Q3 Earnings Expected to Decline
    Zacks

    Earnings Preview: Infinera (INFN) Q3 Earnings Expected to Decline

    Infinera (INFN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

  • Did Hedge Funds Drop The Ball On Infinera Corporation (INFN)?
    Insider Monkey

    Did Hedge Funds Drop The Ball On Infinera Corporation (INFN)?

    Hedge funds are not perfect. They have their bad picks just like everyone else. Facebook, a stock hedge funds have loved dearly, lost nearly 40% of its value at one point in 2018. Although hedge funds are not perfect, their consensus picks do deliver solid returns, however. Our data show the top 20 S&P 500 […]

  • Thomson Reuters StreetEvents

    Edited Transcript of INFN earnings conference call or presentation 7-Aug-19 9:00pm GMT

    Q2 2019 Infinera Corp Earnings Call

  • Is Infinera Corporation's (NASDAQ:INFN) CEO Pay Justified?
    Simply Wall St.

    Is Infinera Corporation's (NASDAQ:INFN) CEO Pay Justified?

    Tom Fallon has been the CEO of Infinera Corporation (NASDAQ:INFN) since 2010. This analysis aims first to contrast CEO...

  • TheStreet.com

    [video]5G Rollouts Should Provide a Sales Lift to Beaten-Down Telecom Equipment Firms

    A number of telecom equipment suppliers sport low valuations following years of seeing very little growth. 5G network rollouts should provide them with a bit of a lift.

  • Here's Why Infinera (NASDAQ:INFN) Can Afford Some Debt
    Simply Wall St.

    Here's Why Infinera (NASDAQ:INFN) Can Afford Some Debt

    Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...

  • Don't Waste Your Money on Penny Stocks: These 3 Stocks Are Better Buys
    Motley Fool

    Don't Waste Your Money on Penny Stocks: These 3 Stocks Are Better Buys

    There are plenty of top alternatives across the market.

  • Is It Finally Safe to Buy Infinera?
    Motley Fool

    Is It Finally Safe to Buy Infinera?

    The latest earnings report suggests this cyclical stock may have finally bottomed out.

  • Infinera Corp (INFN) Q2 2019 Earnings Call Transcript
    Motley Fool

    Infinera Corp (INFN) Q2 2019 Earnings Call Transcript

    INFN earnings call for the period ending June 29, 2019.

  • Infinera Benefits From Coriant Acquisition
    Motley Fool

    Infinera Benefits From Coriant Acquisition

    The company's numbers in its latest report weren't great in absolute terms, but the pipeline continues to grow and management believes that it's on pace to return to profitability by the end of the year.

  • Why Infinera Stock Is Surging Today
    Motley Fool

    Why Infinera Stock Is Surging Today

    Shares pop after the company reports better-than-expected second-quarter results and offers optimistic guidance.

  • Why Infinera Stock Rose 32.6% in July
    Motley Fool

    Why Infinera Stock Rose 32.6% in July

    The telecommunications equipment company addressed outlook concerns with an investor webcast.

  • Infinera (INFN) Reports Q2 Loss, Lags Revenue Estimates
    Zacks

    Infinera (INFN) Reports Q2 Loss, Lags Revenue Estimates

    Infinera (INFN) delivered earnings and revenue surprises of 17.24% and -1.18%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?

  • 3 Stocks Expected to Swing More Than 20% After Earnings
    Schaeffer's Investment Research

    3 Stocks Expected to Swing More Than 20% After Earnings

    INFN and DDD bears will be hoping for repeat performances from last quarter

  • Some Infinera (NASDAQ:INFN) Shareholders Have Copped A Big 60% Share Price Drop
    Simply Wall St.

    Some Infinera (NASDAQ:INFN) Shareholders Have Copped A Big 60% Share Price Drop

    Infinera Corporation (NASDAQ:INFN) shareholders should be happy to see the share price up 24% in the last month. But...

  • What the Acacia Acquisition Means for Cisco Stock
    InvestorPlace

    What the Acacia Acquisition Means for Cisco Stock

    Most Cisco Systems (NASDAQ:CSCO) shareholders apparently cheered Cisco's acquisition of optical communication technology company Acacia Communications (NASDAQ:ACIA), as the already-overbought Cisco stock rose following the announcement of the deal. It's possible that many of those investors, however, don't fully understand the significance of the transaction.Source: Shutterstock The networking giant will bolster the breadth and depth of its fiber optic tech portfolio by officially making Acacia, which was already a CSCO supplier, part of the Cisco family.It's a development that merits a look beyond simple explanations, though, even for the non-tech layperson who happens to hold Cisco stock. Although the deal won't immediately boost Cisco stock price, the transaction sets the stage for Cisco stock to rally beginning in 2020.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Another Smart DealCisco CEO Chuck Robbins has made clear since he took the helm in 2015 that Cisco would use what's now a $35 billion war chest to invest in bolt-on businesses. And that's what he's been doing. Shortly before the $2.6 billion offer was made to Acacia, Cisco announced its intent to acquire Sentryo. In January, it bought Singularity Networks. In 2018, Cisco acquired six companies.The Acacia deal is another big step down a mostly-underestimated path that Cisco is already traveling, though. With Acacia, CSCO now has something it can offer network operators that will have to use fiber optic solutions to handle the massive data loads which the advent of 5G connections will create.In short, Acacia's wares, known as coherent optical interconnect products, facilitate so-called long-haul optical communications that can travel thousands of miles.Acacia's products are the perfect complement to Cisco's large-scale networking portfolio, though they also bolster the "inside the data center" optical networking technology that CSCO obtained through last year's acquisition of Luxtera. Coherent Technology Is the Inevitable FutureCoherent technology is a vague term used to describe using light-based signals to communicate at 100G speeds (and beyond) for long, long distances.Cisco didn't invent it, exactly. Arguably, it was smaller rival Ciena (NYSE:CIEN) that laid the ground work for long-distance fiber optic communications a decade ago. Ciena hasn't been able to commercialize the technology the way Cisco appears it will be able to, however.5G wireless speeds are set to effectively be three to four times faster than 4G connections, though in practical theory, they could be ten or twenty times faster. That makes 5G a potential alternative to wire-based internet communications.For perspective, Cisco forecasts that global coherent traffic will reach 13.2 exabytes per day in 2022, up from 4.1 exabytes per day in 2017. 5G devices will spur much of that new traffic.The catch is that radio signals can only travel so far, and cross-country communications can't be handled by radio. They have to be carried by a physical line at least some of the way. Fiber optics, or optical networking, are the only way to do that. And to make optical networking feasible, many 100G-capable fiber optic lines will have to be laid down. That, of course, is where Cisco's coherent technology will come in. Looking Ahead for Cisco StockThe coherent optical technology hardware market is expected to be worth $70 billion by 2026, according to Acumen Research and Consulting. That's more revenue than Cisco produced over the course of the past four reported quarters, pointing to a tremendous growth opportunity and a huge potential positive catalyst for Cisco stock.Current and prospective owners of Cisco stock may not want to celebrate just yet, however. Other players are gunning for a piece of that market. The aforementioned Ciena is one of them. NeoPhotonics (NYSE:NPTN) is another. Infinera (NASDAQ:INFN) is still another.Only a handful of players can offer a soup-to-nuts solution, though.Jimmy Yu, vice president and industry analyst for the Optical Transport program with Dell'Oro Group, explains: "Once Cisco concludes this acquisition, four optical system vendors will have in-house capability for developing and producing the key components for coherent line cards. The four system vendors are Cisco, Ciena, Huawei, and Infinera."Of the four, Cisco stands out as the one most operators are willing to bet will be around and available into the future, with the least risk of running into political turbulence. That's good news for CSCO and Cisco stock price.The 5G-driven growth of Cisco's coherent technology arm may not materialize until next year, but given its potential, Cisco stock could plausibly start to reflect that opportunity this year.As of this writing, James Brumley did not hold a position in any of the aforementioned securities. You can learn more about him at his website jamesbrumley.com, or follow him on Twitter, at @jbrumley. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 A-Rated Stocks Under $10 * 8 Monthly Dividend Stocks to Buy for Consistent Income * 7 Disruptive Biotech Stocks to Buy for 2025 The post What the Acacia Acquisition Means for Cisco Stock appeared first on InvestorPlace.

  • Earnings Preview: Infinera (INFN) Q2 Earnings Expected to Decline
    Zacks

    Earnings Preview: Infinera (INFN) Q2 Earnings Expected to Decline

    Infinera (INFN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

  • GuruFocus.com

    Will These Falling Knives Rebound?

    Infinera tops the list Continue reading...