Infinera (INFN) Stock Forecast, Price Target & Predictions

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INFN Stock Forecast

Infinera stock forecast is as follows: an average price target of $6.65 (represents a 0.76% upside from INFN’s last price of $6.60) and a rating consensus of 'Hold', based on 7 wall street analysts offering a 1-year stock forecast.

INFN Price Target

The average price target for Infinera (INFN) is $6.65 based on 1-year price targets from 7 Wall Street analysts in the past 3 months, with a price target range of $6.65 to $6.65. This represents a potential 0.76% upside from INFN's last price of $6.60.

INFN Analyst Ratings

Hold

According to 7 Wall Street analysts, Infinera's rating consensus is 'Hold'. The analyst rating breakdown for INFN stock is 0 'Strong Buy' (0.00%), 3 'Buy' (42.86%), 4 'Hold' (57.14%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Infinera Price Target by Analyst

Date	Analyst	Company	Price Target	Price when Published	Price Target/Price when Published	Price Target/Last Closing Price
Aug 05, 2024	Dave Kang	B.Riley Financial	$6.65	$5.77	15.25%	0.76%
Aug 05, 2024	Mike Genovese	Rosenblatt Securities	$6.65	$5.76	15.45%	0.76%
Jul 01, 2024	Christian Schwab	Craig-Hallum	$6.65	$6.11	8.84%	0.76%
Jun 28, 2024	Ruben Roy	Stifel Nicolaus	$6.65	$5.26	26.43%	0.76%
Apr 01, 2024	Dave Kang	B.Riley Financial	$9.00	$6.03	49.25%	36.36%
Mar 06, 2024	Ruben Roy	Stifel Nicolaus	$7.00	$5.39	29.75%	6.06%
Mar 06, 2024	Mike Genovese	Rosenblatt Securities	$6.00	$5.39	11.21%	-9.09%
Mar 06, 2024	Meta Marshall	Morgan Stanley	$4.60	$5.39	-14.74%	-30.30%
Jul 14, 2022		J.P. Morgan	$6.50	$5.59	16.28%	-1.52%
May 04, 2022		Morgan Stanley	$7.50	$6.38	17.46%	13.64%
May 04, 2022		Citigroup	$9.00	$7.89	14.07%	36.36%

The latest Infinera stock forecast, released on Aug 05, 2024 by Dave Kang from B.Riley Financial, set a price target of $6.65, which represents a 15.25% increase from the stock price at the time of the forecast ($5.77), and a 0.76% increase from INFN last price ($6.60).

Infinera Price Target by Period

	1M	3M	12M
# Anlaysts	-	-	8
Avg Price Target	-	-	$6.65
Last Closing Price	$6.60	$6.60	$6.60
Upside/Downside	-100.00%	-100.00%	0.76%

In the current month, the average price target of Infinera stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Infinera's last price of $6.60. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades

Date	Company	Previous Rating	New Rating	Rating Change
Nov 06, 2024	B. Riley	Buy	Neutral	Downgrade
Aug 05, 2024	Rosenblatt Securities	Buy	Buy	Hold
Aug 05, 2024	B. Riley	Buy	Buy	Hold
Jul 01, 2024	Craig-Hallum		Hold	Downgrade
Jun 28, 2024	Stifel Nicolaus	Buy	Buy	Hold
Jun 28, 2024	Needham	Underperform	Underperform	Hold
Jun 28, 2024	Morgan Stanley	Equal-Weight	Equal-Weight	Hold
May 15, 2024	Stifel Nicolaus	Buy	Buy	Hold
Apr 01, 2024	Needham	Buy	Buy	Hold
Mar 06, 2024	Morgan Stanley	Equal-Weight	Equal-Weight	Hold
Mar 06, 2024	Needham	Strong Buy	Strong Buy	Hold
Aug 11, 2023	Jefferies		Hold	Upgrade
Apr 26, 2022	Zacks Investment Research		Buy	Upgrade

Infinera's last stock rating was published by B. Riley on Nov 06, 2024. The company Downgrade its INFN rating from "Buy" to "Neutral".

Infinera Financial Forecast

Infinera Revenue Forecast

	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19	Jun 19	Mar 19	Mar 18	Mar 17
Revenue	-	-	-	-	-	-	-	-	-	$392.37M	$376.23M	$392.07M	$485.94M	$390.45M	$357.99M	$338.87M	$400.26M	$355.81M	$338.23M	$330.91M	$353.52M	$340.21M	$331.59M	$330.27M	$384.57M	$325.34M	$296.25M	$292.71M	$202.68M	$175.52M
Avg Forecast	$440.70M	$397.65M	$371.85M	$345.05M	$412.26M	$402.87M	$331.71M	$453.46M	$437.72M	$377.39M	$375.96M	$381.42M	$435.60M	$380.55M	$350.55M	$362.64M	$387.89M	$355.26M	$344.87M	$331.48M	$356.75M	$335.91M	$318.40M	$318.35M	$365.68M	$329.86M	$300.40M	$310.95M	$445.90M	$175.52M
High Forecast	$476.29M	$429.76M	$401.88M	$374.48M	$424.73M	$403.34M	$331.71M	$490.08M	$440.57M	$377.82M	$406.32M	$412.23M	$470.77M	$380.55M	$350.55M	$362.64M	$387.89M	$355.26M	$344.87M	$331.48M	$356.75M	$335.91M	$318.40M	$318.35M	$365.68M	$329.86M	$300.40M	$310.95M	$535.08M	$210.63M
Low Forecast	$396.88M	$358.11M	$334.88M	$304.29M	$386.40M	$402.40M	$331.71M	$408.37M	$432.69M	$376.95M	$338.58M	$343.50M	$392.29M	$380.55M	$350.55M	$362.64M	$387.89M	$355.26M	$344.87M	$331.48M	$356.75M	$335.91M	$318.40M	$318.35M	$365.68M	$329.86M	$300.40M	$310.95M	$356.72M	$140.42M
# Analysts	1	1	1	5	4	3	3	3	7	3	4	5	4	2	2	2	3	3	4	5	8	5	4	8	6	3	3	6	9	11
Surprise %	-	-	-	-	-	-	-	-	-	1.04%	1.00%	1.03%	1.12%	1.03%	1.02%	0.93%	1.03%	1.00%	0.98%	1.00%	0.99%	1.01%	1.04%	1.04%	1.05%	0.99%	0.99%	0.94%	0.45%	1.00%

Infinera's average Quarter revenue forecast for Dec 23 based on 7 analysts is $437.72M, with a low forecast of $432.69M, and a high forecast of $440.57M. INFN's average Quarter revenue forecast represents a 11.56% increase compared to the company's last Quarter revenue of $392.37M (Sep 23).

Infinera EBITDA Forecast

	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19	Jun 19	Mar 19	Mar 18	Mar 17
# Analysts	1	1	1	5	4	3	3	3	7	3	4	5	4	2	2	2	3	3	4	5	8	5	4	8	6	3	3	6	9	11
EBITDA	-	-	-	-	-	-	-	-	-	$7.66M	$-14.29M	$22.35M	$65.07M	$6.27M	$-20.86M	$-1.58M	$-8.64M	$-8.25M	$-2.41M	$-11.99M	$15.74M	$8.73M	$-12.20M	$-49.29M	$-22.16M	$-24.27M	$-34.80M	$-58.58M	$-6.46M	$-21.25M
Avg Forecast	$-8.03M	$-7.24M	$-6.77M	$-6.29M	$-7.51M	$-7.34M	$-6.04M	$-11.36M	$-7.97M	$-6.87M	$-6.85M	$-10.33M	$7.41M	$-9.43M	$-8.68M	$-8.16M	$-9.61M	$-8.80M	$-8.54M	$-20.14M	$-8.84M	$-8.32M	$-7.89M	$-35.25M	$-9.06M	$-8.17M	$-7.44M	$-95.19M	$-8.76M	$-21.49M
High Forecast	$-7.23M	$-6.52M	$-6.10M	$-5.54M	$-7.04M	$-7.33M	$-6.04M	$-9.09M	$-7.88M	$-6.87M	$-6.17M	$-8.26M	$8.89M	$-9.43M	$-8.68M	$-6.53M	$-9.61M	$-8.80M	$-8.54M	$-16.12M	$-8.84M	$-8.32M	$-7.89M	$-28.20M	$-9.06M	$-8.17M	$-7.44M	$-76.15M	$-7.01M	$-17.19M
Low Forecast	$-8.68M	$-7.83M	$-7.32M	$-6.82M	$-7.74M	$-7.35M	$-6.04M	$-13.63M	$-8.03M	$-6.88M	$-7.40M	$-12.39M	$5.93M	$-9.43M	$-8.68M	$-9.80M	$-9.61M	$-8.80M	$-8.54M	$-24.17M	$-8.84M	$-8.32M	$-7.89M	$-42.30M	$-9.06M	$-8.17M	$-7.44M	$-114.23M	$-10.51M	$-25.79M
Surprise %	-	-	-	-	-	-	-	-	-	-1.11%	2.09%	-2.16%	8.78%	-0.67%	2.40%	0.19%	0.90%	0.94%	0.28%	0.60%	-1.78%	-1.05%	1.55%	1.40%	2.45%	2.97%	4.68%	0.62%	0.74%	0.99%

7 analysts predict INFN's average Quarter EBITDA for Dec 23 to be $-7.97M, with a high of $-7.88M and a low of $-8.03M. This is -204.16% lower than Infinera's previous annual EBITDA (Sep 23) of $7.66M.

Infinera Net Income Forecast

	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19	Jun 19	Mar 19	Mar 18	Mar 17
# Analysts	1	1	1	5	4	3	3	3	7	3	4	5	4	2	2	2	3	3	4	5	8	5	4	8	6	3	3	6	9	11
Net Income	-	-	-	-	-	-	-	-	-	$-9.41M	$-20.26M	$-8.41M	$33.46M	$-11.93M	$-55.72M	$-41.85M	$-33.07M	$-53.79M	$-35.59M	$-48.32M	$-9.92M	$-35.90M	$-61.63M	$-99.27M	$-66.59M	$-84.77M	$-113.66M	$-121.60M	$-26.28M	$-40.45M
Avg Forecast	$29.87M	$15.64M	$7.40M	$-192.67K	$24.57M	$15.83M	$-19.52M	$-53.72M	$21.70M	$-2.46M	$-6.56M	$-48.84M	$-45.83M	$2.52M	$-18.37M	$-38.61M	$4.49M	$-9.79M	$-11.25M	$-65.23M	$4.70M	$-14.38M	$-32.20M	$-54.60M	$-5.93M	$-39.76M	$-66.16M	$-139.62M	$-36.55M	$-40.45M
High Forecast	$33.01M	$17.29M	$8.18M	$770.70K	$47.50M	$17.50M	$-17.00M	$-42.98M	$24.11M	$-2.14M	$-5.71M	$-39.07M	$-36.67M	$2.52M	$-18.37M	$-30.89M	$4.49M	$-9.79M	$-11.25M	$-52.19M	$4.70M	$-14.38M	$-32.20M	$-43.68M	$-5.93M	$-39.76M	$-66.16M	$-111.69M	$-29.24M	$-32.36M
Low Forecast	$26.01M	$13.62M	$6.44M	$-770.70K	$8.19M	$13.79M	$-21.57M	$-64.47M	$19.29M	$-2.72M	$-7.25M	$-58.61M	$-55.00M	$2.52M	$-18.37M	$-46.33M	$4.49M	$-9.79M	$-11.25M	$-78.28M	$4.70M	$-14.38M	$-32.20M	$-65.52M	$-5.93M	$-39.76M	$-66.16M	$-167.54M	$-43.86M	$-48.54M
Surprise %	-	-	-	-	-	-	-	-	-	3.82%	3.09%	0.17%	-0.73%	-4.73%	3.03%	1.08%	-7.36%	5.49%	3.16%	0.74%	-2.11%	2.50%	1.91%	1.82%	11.23%	2.13%	1.72%	0.87%	0.72%	1.00%

Infinera's average Quarter net income forecast for Mar 23 is $-48.84M, with a range of $-58.61M to $-39.07M. INFN's average Quarter net income forecast represents a -245.98% decrease compared to the company's last Quarter net income of $33.46M (Dec 22).

Infinera SG&A Forecast

	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19	Jun 19	Mar 19	Mar 18	Mar 17
# Analysts	1	1	1	5	4	3	3	3	7	3	4	5	4	2	2	2	3	3	4	5	8	5	4	8	6	3	3	6	9	11
SG&A	-	-	-	-	-	-	-	-	-	$70.44M	$72.78M	$70.94M	$73.01M	$62.84M	$65.48M	$63.71M	$67.46M	$61.52M	$65.98M	$59.28M	$56.48M	$57.14M	$61.92M	$66.31M	$67.99M	$63.38M	$73.32M	$73.08M	$48.33M	$46.80M
Avg Forecast	$81.08M	$73.16M	$68.41M	$63.48M	$75.85M	$74.12M	$61.03M	$81.79M	$80.53M	$69.43M	$69.17M	$74.36M	$93.50M	$68.96M	$63.53M	$58.78M	$70.29M	$64.38M	$62.50M	$80.03M	$64.65M	$60.87M	$57.70M	$36.47M	$66.27M	$59.78M	$54.44M	$83.91M	$67.22M	$17.36M
High Forecast	$87.63M	$79.07M	$73.94M	$68.90M	$78.14M	$74.21M	$61.03M	$98.15M	$81.06M	$69.51M	$74.76M	$89.23M	$112.20M	$68.96M	$63.53M	$70.54M	$70.29M	$64.38M	$62.50M	$96.03M	$64.65M	$60.87M	$57.70M	$43.76M	$66.27M	$59.78M	$54.44M	$100.69M	$80.66M	$20.83M
Low Forecast	$73.02M	$65.89M	$61.61M	$55.98M	$71.09M	$74.03M	$61.03M	$65.43M	$79.61M	$69.35M	$62.29M	$59.49M	$74.80M	$68.96M	$63.53M	$47.02M	$70.29M	$64.38M	$62.50M	$64.02M	$64.65M	$60.87M	$57.70M	$29.18M	$66.27M	$59.78M	$54.44M	$67.13M	$53.78M	$13.89M
Surprise %	-	-	-	-	-	-	-	-	-	1.01%	1.05%	0.95%	0.78%	0.91%	1.03%	1.08%	0.96%	0.96%	1.06%	0.74%	0.87%	0.94%	1.07%	1.82%	1.03%	1.06%	1.35%	0.87%	0.72%	2.70%

Infinera's average Quarter SG&A projection for Dec 23 is $80.53M, based on 7 Wall Street analysts, with a range of $79.61M to $81.06M. The forecast indicates a 14.32% rise compared to INFN last annual SG&A of $70.44M (Sep 23).

Infinera EPS Forecast

	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19	Jun 19	Mar 19	Mar 18	Mar 17
# Analysts	1	1	1	5	4	3	3	3	7	3	4	5	4	2	2	2	3	3	4	5	8	5	4	8	6	3	3	6	9	11
EPS	-	-	-	-	-	-	-	-	-	$-0.04	$-0.09	$-0.04	$0.15	$-0.05	$-0.26	$-0.20	$-0.16	$-0.26	$-0.17	$-0.24	$-0.05	$-0.19	$-0.33	$-0.55	$-0.37	$-0.47	$-0.64	$-0.69	$-0.17	$-0.28
Avg Forecast	$0.13	$0.07	$0.03	$-0.00	$0.10	$0.07	$-0.08	$0.12	$0.09	$-0.01	$-0.03	$-0.02	$0.09	$0.01	$-0.08	$-0.04	$0.02	$-0.04	$-0.05	$-0.06	$0.02	$-0.06	$-0.14	$-0.18	$-0.03	$-0.17	$-0.28	$-0.27	$-0.15	$-0.15
High Forecast	$0.14	$0.07	$0.03	-	$0.20	$0.07	$-0.07	$0.13	$0.10	$-0.01	$-0.02	$-0.01	$0.09	$0.01	$-0.08	$-0.04	$0.02	$-0.04	$-0.05	$-0.06	$0.02	$-0.06	$-0.14	$-0.18	$-0.03	$-0.17	$-0.28	$-0.27	$-0.12	$-0.12
Low Forecast	$0.11	$0.06	$0.03	$-0.00	$0.03	$0.06	$-0.09	$0.10	$0.08	$-0.01	$-0.03	$-0.02	$0.07	$0.01	$-0.08	$-0.04	$0.02	$-0.04	$-0.05	$-0.06	$0.02	$-0.06	$-0.14	$-0.18	$-0.03	$-0.17	$-0.28	$-0.27	$-0.18	$-0.18
Surprise %	-	-	-	-	-	-	-	-	-	3.96%	3.23%	2.30%	1.76%	-5.09%	3.32%	5.09%	-8.35%	6.22%	3.54%	3.91%	-2.53%	3.10%	2.40%	2.99%	14.63%	2.77%	2.27%	2.53%	1.13%	1.87%

According to 5 Wall Street analysts, Infinera's projected average Quarter EPS for Mar 23 is $-0.02, with a low estimate of $-0.02 and a high estimate of $-0.01. This represents a -110.96% decrease compared to INFN previous annual EPS of $0.15 (Dec 22).

Infinera Peer Comparison by Price Target

Ticker	Company	Last Closing Price	Avg Price Target	Upside/Downside	Avg Rating
KVHI	KVH Industries	$5.78	$13.00	124.91%	Buy
AUDC	AudioCodes	$9.20	$19.00	106.52%	Buy
CLFD	Clearfield	$31.96	$48.00	50.19%	Buy
KN	Knowles	$19.74	$25.00	26.65%	Buy
AVNW	Aviat Networks	$17.39	$20.50	17.88%	Buy
EXTR	Extreme Networks	$18.12	$21.00	15.89%	Buy
CMTL	Comtech Telecommunications	$3.18	$3.50	10.06%	Hold
HLIT	Harmonic	$13.22	$14.25	7.79%	Buy
INFN	Infinera	$6.60	$6.65	0.76%	Hold
VIAV	Viavi Solutions	$10.52	$10.53	0.10%	Hold
JNPR	Juniper Networks	$37.66	$34.00	-9.72%	Buy
CIEN	Ciena	$88.14	$65.86	-25.28%	Buy
LITE	Lumentum	$88.92	$59.13	-33.50%	Buy
SATS	EchoStar	$23.04	$14.00	-39.24%	Buy
AAOI	Applied Optoelectronics	$32.11	$17.00	-47.06%	Buy

INFN Forecast FAQ

Is Infinera a good buy?

No, according to 7 Wall Street analysts, Infinera (INFN) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 3 'Buy' recommendations, accounting for 42.86% of INFN's total ratings.

What is INFN's price target?

Infinera (INFN) average price target is $6.65 with a range of $6.65 to $6.65, implying a 0.76% from its last price of $6.6. The data is based on 7 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Infinera stock go up soon?

According to Wall Street analysts' prediction for INFN stock, the company can go up by 0.76% (from the last price of $6.6 to the average price target of $6.65), up by 0.76% based on the highest stock price target, and up by 0.76% based on the lowest stock price target.

Can Infinera stock reach $10?

INFN's average twelve months analyst stock price target of $6.65 does not support the claim that Infinera can reach $10 in the near future.

What are Infinera's analysts' financial forecasts?

Infinera's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $1.6B (high $1.65B, low $1.53B), average EBITDA is $-32.25M (high $-29.498M, low $-34.758M), average net income is $-32.846M (high $5.01M, low $-64.065M), average SG&A $292.79M (high $311.53M, low $271.59M), and average EPS is $0.209 (high $0.336, low $0.106). INFN's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $1.56B (high $1.68B, low $1.39B), average EBITDA is $-28.329M (high $-25.395M, low $-30.646M), average net income is $52.72M (high $59.24M, low $45.31M), average SG&A $286.14M (high $309.53M, low $256.5M), and average EPS is $0.224 (high $0.251, low $0.192).

Did the INFN's actual financial results beat the analysts' financial forecasts?

Based on Infinera's last annual report (Dec 2022), the company's revenue was $1.57B, beating the average analysts forecast of $1.53B by 2.87%. Apple's EBITDA was $48.94M, missing the average prediction of $-18.868M by -359.36%. The company's net income was $-76.043M, missing the average estimation of $-100M by -24.18%. Apple's SG&A was $265.05M, missing the average forecast of $284.77M by -6.93%. Lastly, the company's EPS was $-0.35, beating the average prediction of $-0.0215 by 1531.40%. In terms of the last quarterly report (Sep 2023), Infinera's revenue was $392.37M, beating the average analysts' forecast of $377.39M by 3.97%. The company's EBITDA was $7.66M, missing the average prediction of $-6.874M by -211.36%. Infinera's net income was $-9.413M, beating the average estimation of $-2.462M by 282.35%. The company's SG&A was $70.44M, beating the average forecast of $69.43M by 1.46%. Lastly, the company's EPS was $-0.0413, beating the average prediction of $-0.0104 by 295.63%