Infinera (INFN) Stock Forecast, Price Target & Predictions
INFN Stock Forecast
Infinera stock forecast is as follows: an average price target of $6.67 (represents a 3.25% upside from INFN’s last price of $6.46) and a rating consensus of 'Buy', based on 7 wall street analysts offering a 1-year stock forecast.
INFN Price Target
The average price target for Infinera (INFN) is $6.67 based on 1-year price targets from 7 Wall Street analysts in the past 3 months, with a price target range of $9.00 to $4.60. This represents a potential 3.25% upside from INFN's last price of $6.46.
INFN Analyst Ratings
According to 7 Wall Street analysts, Infinera's rating consensus is 'Buy'. The analyst rating breakdown for INFN stock is 0 'Strong Buy' (0.00%), 4 'Buy' (57.14%), 3 'Hold' (42.86%), 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% | 2.94% |
| Aug 05, 2024 | Mike Genovese | Rosenblatt Securities | $6.65 | $5.76 | 15.45% | 2.94% |
| Jul 01, 2024 | Christian Schwab | Craig-Hallum | $6.65 | $6.11 | 8.84% | 2.94% |
| Jun 28, 2024 | Ruben Roy | Stifel Nicolaus | $6.65 | $5.26 | 26.43% | 2.94% |
| Apr 01, 2024 | Dave Kang | B.Riley Financial | $9.00 | $6.03 | 49.25% | 39.32% |
| Mar 06, 2024 | Meta Marshall | Morgan Stanley | $4.60 | $5.39 | -14.74% | -28.79% |
| Mar 06, 2024 | Ruben Roy | Stifel Nicolaus | $7.00 | $5.39 | 29.75% | 8.36% |
| Mar 06, 2024 | Mike Genovese | Rosenblatt Securities | $6.00 | $5.39 | 11.21% | -7.12% |
| Jul 14, 2022 | - | J.P. Morgan | $6.50 | $5.59 | 16.28% | 0.62% |
| May 04, 2022 | - | Morgan Stanley | $7.50 | $6.38 | 17.46% | 16.10% |
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 2.94% increase from INFN last price ($6.46).
Infinera Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 4 | 8 |
| Avg Price Target | - | $6.65 | $6.65 |
| Last Closing Price | $6.46 | $6.46 | $6.46 |
| Upside/Downside | -100.00% | 2.94% | 2.94% |
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 $6.46. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| 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 |
Infinera's last stock rating was published by Rosenblatt Securities on Aug 05, 2024. The company gave INFN a "Buy" rating, the same as its previous rate.
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 | $475.48M | $433.78M | $405.94M | $386.02M | $485.97M | $404.05M | $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 | $496.88M | $453.30M | $424.21M | $403.39M | $507.84M | $423.53M | $346.64M | $473.86M | $440.57M | $394.37M | $392.88M | $398.59M | $455.20M | $397.68M | $366.88M | $379.54M | $405.97M | $371.82M | $360.95M | $346.93M | $373.38M | $351.56M | $333.24M | $333.18M | $382.73M | $345.23M | $314.40M | $325.44M | $535.08M | $210.63M |
| Low Forecast | $454.75M | $414.86M | $388.23M | $369.19M | $464.78M | $387.00M | $317.25M | $433.68M | $432.69M | $360.93M | $359.56M | $364.79M | $416.60M | $363.95M | $335.51M | $347.08M | $371.25M | $340.02M | $330.08M | $317.26M | $341.45M | $321.50M | $304.74M | $304.69M | $350.00M | $315.71M | $287.51M | $297.61M | $356.72M | $140.42M |
| # Analysts | 3 | 3 | 3 | 3 | 3 | 6 | 3 | 3 | 7 | 4 | 5 | 6 | 5 | 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 | 3 | 3 | 3 | 3 | 3 | 6 | 3 | 3 | 7 | 4 | 5 | 6 | 5 | 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 | $-11.78M | $-10.75M | $-10.06M | $-9.56M | $-12.04M | $-10.01M | $-8.22M | $-11.36M | $-10.84M | $-9.35M | $-9.31M | $-10.33M | $-10.79M | $-24.33M | $-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 | $-11.27M | $-10.28M | $-9.62M | $-9.15M | $-11.51M | $-9.59M | $-7.86M | $-9.09M | $-10.72M | $-8.94M | $-8.91M | $-8.26M | $-10.32M | $-19.46M | $-8.31M | $-6.53M | $-9.20M | $-8.42M | $-8.18M | $-16.12M | $-8.46M | $-7.96M | $-7.55M | $-28.20M | $-8.67M | $-7.82M | $-7.12M | $-76.15M | $-7.01M | $-17.19M |
| Low Forecast | $-12.31M | $-11.23M | $-10.51M | $-9.99M | $-12.58M | $-10.49M | $-8.59M | $-13.63M | $-10.91M | $-9.77M | $-9.73M | $-12.39M | $-11.28M | $-29.19M | $-9.09M | $-9.80M | $-10.06M | $-9.21M | $-8.94M | $-24.17M | $-9.25M | $-8.71M | $-8.26M | $-42.30M | $-9.48M | $-8.55M | $-7.79M | $-114.23M | $-10.51M | $-25.79M |
| Surprise % | - | - | - | - | - | - | - | - | - | -0.82% | 1.53% | -2.16% | -6.03% | -0.26% | 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 $-10.84M, with a high of $-10.72M and a low of $-10.91M. This is -241.66% 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 | 3 | 3 | 3 | 3 | 3 | 6 | 3 | 3 | 7 | 4 | 5 | 6 | 5 | 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 | $43.65M | $26.36M | $14.94M | $8.20M | $46.61M | $15.10M | $-19.40M | $-53.72M | $21.56M | $-2.45M | $-6.52M | $-48.84M | $20.03M | $-88.46M | $-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 | $46.20M | $27.91M | $15.81M | $8.68M | $49.34M | $15.99M | $-18.30M | $-42.98M | $23.96M | $-2.31M | $-6.15M | $-39.07M | $21.20M | $-70.77M | $-17.34M | $-30.89M | $4.77M | $-9.25M | $-10.62M | $-52.19M | $4.99M | $-13.58M | $-30.40M | $-43.68M | $-5.60M | $-37.55M | $-62.47M | $-111.69M | $-29.24M | $-32.36M |
| Low Forecast | $41.17M | $24.87M | $14.09M | $7.74M | $43.97M | $14.25M | $-20.53M | $-64.47M | $19.17M | $-2.59M | $-6.90M | $-58.61M | $18.89M | $-106.16M | $-19.48M | $-46.33M | $4.24M | $-10.39M | $-11.93M | $-78.28M | $4.44M | $-15.25M | $-34.15M | $-65.52M | $-6.29M | $-42.17M | $-70.17M | $-167.54M | $-43.86M | $-48.54M |
| Surprise % | - | - | - | - | - | - | - | - | - | 3.85% | 3.11% | 0.17% | 1.67% | 0.13% | 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 | 3 | 3 | 3 | 3 | 3 | 6 | 3 | 3 | 7 | 4 | 5 | 6 | 5 | 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 | $86.17M | $78.61M | $73.56M | $69.95M | $88.07M | $73.22M | $60.11M | $81.79M | $79.32M | $68.39M | $68.13M | $74.36M | $78.94M | $101.18M | $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 | $90.04M | $82.15M | $76.87M | $73.10M | $92.03M | $76.75M | $62.82M | $98.15M | $79.84M | $71.47M | $71.20M | $89.23M | $82.49M | $121.41M | $66.49M | $70.54M | $73.57M | $67.38M | $65.41M | $96.03M | $67.66M | $63.71M | $60.39M | $43.76M | $69.36M | $62.56M | $56.98M | $100.69M | $80.66M | $20.83M |
| Low Forecast | $82.41M | $75.18M | $70.36M | $66.90M | $84.23M | $70.13M | $57.49M | $65.43M | $78.41M | $65.41M | $65.16M | $59.49M | $75.50M | $80.94M | $60.80M | $47.02M | $67.28M | $61.62M | $59.82M | $64.02M | $61.88M | $58.26M | $55.23M | $29.18M | $63.43M | $57.21M | $52.10M | $67.13M | $53.78M | $13.89M |
| Surprise % | - | - | - | - | - | - | - | - | - | 1.03% | 1.07% | 0.95% | 0.92% | 0.62% | 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 $79.32M, based on 7 Wall Street analysts, with a range of $78.41M to $79.84M. The forecast indicates a 12.61% 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 | 3 | 3 | 3 | 3 | 3 | 6 | 3 | 3 | 7 | 4 | 5 | 6 | 5 | 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 | $0.19 | $0.11 | $0.06 | $0.04 | $0.20 | $0.06 | $-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 | $0.20 | $0.12 | $0.07 | $0.04 | $0.21 | $0.07 | $-0.08 | $0.13 | $0.10 | $-0.01 | $-0.03 | $-0.02 | $0.09 | $0.01 | $-0.07 | $-0.04 | $0.02 | $-0.04 | $-0.05 | $-0.06 | $0.02 | $-0.06 | $-0.13 | $-0.17 | $-0.02 | $-0.16 | $-0.27 | $-0.26 | $-0.12 | $-0.12 |
| Low Forecast | $0.18 | $0.11 | $0.06 | $0.03 | $0.19 | $0.06 | $-0.09 | $0.11 | $0.08 | $-0.01 | $-0.03 | $-0.02 | $0.08 | $0.01 | $-0.08 | $-0.04 | $0.02 | $-0.04 | $-0.05 | $-0.07 | $0.02 | $-0.07 | $-0.15 | $-0.19 | $-0.03 | $-0.18 | $-0.30 | $-0.29 | $-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 6 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 $-0.02. 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 |
|---|---|---|---|---|---|
| DZSI | DZS | $0.70 | $15.67 | 2138.57% | Buy |
| KVHI | KVH Industries | $4.69 | $13.00 | 177.19% | Buy |
| CMTL | Comtech Telecommunications | $3.30 | $9.00 | 172.73% | Hold |
| AVNW | Aviat Networks | $21.34 | $44.33 | 107.73% | Buy |
| AUDC | AudioCodes | $9.87 | $19.00 | 92.50% | Buy |
| CLFD | Clearfield | $39.64 | $61.60 | 55.40% | Buy |
| VIAV | Viavi Solutions | $8.38 | $12.95 | 54.53% | Buy |
| LITE | Lumentum | $55.78 | $74.60 | 33.74% | Buy |
| EXTR | Extreme Networks | $14.85 | $19.33 | 30.17% | Buy |
| HLIT | Harmonic | $13.41 | $17.00 | 26.77% | Buy |
| AAOI | Applied Optoelectronics | $14.61 | $17.38 | 18.96% | Buy |
| CIEN | Ciena | $56.17 | $64.74 | 15.26% | Buy |
| INFN | Infinera | $6.46 | $6.67 | 3.25% | Buy |
| JNPR | Juniper Networks | $38.60 | $35.47 | -8.11% | Buy |
| SATS | EchoStar | $24.27 | $14.13 | -41.78% | Hold |
INFN Forecast FAQ
Is Infinera a good buy?
Yes, according to 7 Wall Street analysts, Infinera (INFN) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 4 'Buy' recommendations, accounting for 57.14% of INFN's total ratings.
What is INFN's price target?
Infinera (INFN) average price target is $6.67 with a range of $4.6 to $9, implying a 3.25% from its last price of $6.46. 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 3.25% (from the last price of $6.46 to the average price target of $6.67), up by 39.32% based on the highest stock price target, and down by -28.79% based on the lowest stock price target.
Can Infinera stock reach $10?
INFN's average twelve months analyst stock price target of $6.67 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 $1.68B (high $1.75B, low $1.6B), average EBITDA is $-41.627M (high $-38.049M, low $-45.293M), average net income is $-11.412M (high $4.04M, low $-26.791M), average SG&A $303.19M (high $329.75M, low $277.28M), and average EPS is $0.301 (high $0.328, low $0.274). INFN's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $1.7B (high $1.78B, low $1.63B), average EBITDA is $-42.146M (high $-40.308M, low $-44.042M), average net income is $93.15M (high $98.6M, low $87.87M), average SG&A $308.29M (high $322.17M, low $294.85M), and average EPS is $0.398 (high $0.421, low $0.375).
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 $-51.965M by -194.17%. The company's net income was $-76.043M, missing the average estimation of $-125M by -39.37%. Apple's SG&A was $265.05M, missing the average forecast of $302.42M by -12.36%. 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 $-9.349M by -181.88%. Infinera's net income was $-9.413M, beating the average estimation of $-2.446M by 284.77%. The company's SG&A was $70.44M, beating the average forecast of $68.39M by 3.00%. Lastly, the company's EPS was $-0.0413, beating the average prediction of $-0.0104 by 295.63%