Infinera (INFN) Stock Price

Infinera Price

Delisted·Feb 28, 2025
6.64USD
Last traded price

Revenue has compounded at 36.0% per year over the past 19 years to 1.42 B USD. Earnings per share have declined at 11.0% per year over the last 7 years. Infinera's net margin stands at -10.6%, up from -15.2% several years earlier. Analysts set a median price target of 6.78 USD, implying 2.2% above the current price. Of 10 analysts, 0 rate the stock a buy — an overall Hold consensus.

Infinera stock price

Volume
Ex-Dividend
Details

Stock Price

How to Read This Chart

This chart tracks the historical stock price of Infinera over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how Infinera stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing Infinera's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

Infinera Stock Price History
DateInfinera Price
Access this data via the Eulerpool API

Infinera Revenue, EBIT, Net Income

  • 3 Years

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  • Max

Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2019
1.30 B USD
-208.70 M USD
-386.60 M USD
Jan 1, 2020
1.36 B USD
-111.30 M USD
-206.70 M USD
Jan 1, 2021
1.43 B USD
-72.10 M USD
-170.80 M USD
Jan 1, 2022
1.57 B USD
-49.80 M USD
-76.00 M USD
Jan 1, 2023
1.61 B USD
4.10 M USD
-25.21 M USD
Jan 1, 2024
1.42 B USD
-55.85 M USD
-150.34 M USD
Jan 1, 2025 (e)
1.66 B USD
108.03 M USD
63.11 M USD
Jan 1, 2026 (e)
1.80 B USD
187.87 M USD
120.16 M USD

Infinera Income Statement, Balance Sheet, Cash Flow Statement

Last updated Jul 18, 2026, 11:52 PM
 
REVENUEB USD
REVENUE GROWTH%
GROSS MARGIN%
GROSS INCOMEM USD
EBITM USD
EBIT MARGIN%
NET INCOMEM USD
NET INCOME GROWTH%
SHARESM
201120122013201420152016201720182019202020212022202320242025e2026e
0.400.440.540.670.890.870.740.941.301.361.431.571.611.421.661.80
-11.018.4224.2022.7932.63-1.81-14.9427.4337.654.395.1710.392.61-12.1416.718.94
40.8435.8440.0743.1145.4945.1735.5434.2529.5830.5535.0234.0838.7238.4338.4338.43
165.00157.00218.00288.00403.00393.00263.00323.00384.00414.00499.00536.00625.00545.00636.09692.97
-80.00-83.00-24.0027.0059.00-25.00-147.00-155.00-208.00-111.00-72.00-49.004.00-55.00108.00187.00
-19.80-18.95-4.414.046.66-2.87-19.86-16.44-16.02-8.19-5.05-3.120.25-3.886.5310.37
-81.00-85.00-32.0013.0051.00-23.00-194.00-214.00-386.00-206.00-170.00-76.00-25.00-150.0063.00120.00
200.004.94-62.35-140.63292.31-145.10743.4810.3180.37-46.63-17.48-55.29-67.11500.00-142.0090.48
105.40110.70117.40128.60143.20143.00147.90157.70179.00188.20207.40216.40226.73234.67234.67234.67
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales Infinera generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue Infinera retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare Infinera's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares Infinera has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against Infinera's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

Infinera stock margins

The Infinera margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Infinera. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Infinera.
  • 3 Years

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  • Max

Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2019
29.59 %
-16.07 %
-29.76 %
Jan 1, 2020
30.60 %
-8.21 %
-15.25 %
Jan 1, 2021
35.05 %
-5.06 %
-11.98 %
Jan 1, 2022
34.07 %
-3.17 %
-4.83 %
Jan 1, 2023
38.73 %
0.25 %
-1.56 %
Jan 1, 2024
38.43 %
-3.94 %
-10.60 %
Jan 1, 2025 (e)
38.43 %
6.53 %
3.81 %
Jan 1, 2026 (e)
38.43 %
10.42 %
6.66 %

Infinera Stock Revenue, EBIT, Earnings per Share

The Infinera earnings per share therefore indicates how much revenue Infinera has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.
  • 3 Years

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  • Max

Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2019
7.26 USD
-1.17 USD
-2.16 USD
Jan 1, 2020
7.20 USD
-0.59 USD
-1.10 USD
Jan 1, 2021
6.87 USD
-0.35 USD
-0.82 USD
Jan 1, 2022
7.27 USD
-0.23 USD
-0.35 USD
Jan 1, 2023
7.12 USD
0.02 USD
-0.11 USD
Jan 1, 2024
6.04 USD
-0.24 USD
-0.64 USD
Jan 1, 2025 (e)
6.95 USD
0.46 USD
0.27 USD
Jan 1, 2026 (e)
7.58 USD
0.80 USD
0.50 USD

Infinera business model & stock analysis

Infinera Corp is a telecommunications company specializing in optical networks. It was founded in 2000 and is headquartered in Sunnyvale, California. Infinera Corp has become one of the leading providers of optical network solutions in recent years and currently operates over 5000 miles of fiber optic cables in over 40 countries worldwide. The business model of Infinera focuses on providing optical network solutions for businesses and service providers who want to quickly and easily deliver advanced broadband services. The company offers a wide range of products and services, from fiber optic infrastructure solutions and hardware components to software and service support. With its various divisions, Infinera is able to deliver a wide range of solutions to meet the diverse needs of its customers. One of the divisions is the Long-Haul division, which specializes in providing optical network solutions for long distances. In this division, you can find Infinera's flagship product, the DTN-X system. This is an optical DWDM (Dense Wavelength Division Multiplexing) system that can transmit up to 12.8 terabits per second. Another important division of Infinera is the Metro division, which focuses on providing optical network solutions for use in urban environments. The Metro division is responsible for providing optical transport solutions for access to the core of the optical network. Infinera's Cloud and Datacenter divisions offer products and solutions for the demanding requirements of cloud service providers, IT infrastructure companies, and hosting service providers. The products and solutions of these divisions enable customers to deliver and scale cutting-edge broadband services. Some of Infinera's key products include comprehensive Cloud-Xpress solutions for the cloud division and Intelligent-Transport-Network solutions for the demanding long-haul network division. The company also offers optical multiplex systems and multi-directional switches for high-performance optical transport networks. Infinera has also successfully positioned itself in the international market and expanded its presence in Europe, Asia, and South America. The company has partnerships with leading telecommunications companies such as Verizon or BT to create more opportunities for growth and innovation. As a result, Infinera Corp is a company specializing in providing intelligent, efficient, and advanced optical network solutions for businesses and service providers worldwide. Through its focus on quality, reliability, and innovation, the company has firmly established its position as one of the market leaders in the field of optical networks.

Infinera SWOT Analysis

Strengths

Infinera Corp possesses several strengths that contribute to its competitive advantage in the market:

  • Advanced Technology: Infinera Corp is known for its innovative and cutting-edge optical networking solutions, offering high-speed data transmission and efficient data management.
  • Strong Research and Development: The company invests significantly in R&D, allowing it to continuously develop and refine its product portfolio, staying relevant in the fast-paced telecom industry.
  • Global Presence: Infinera Corp operates globally, serving a wide range of customers across different regions, which enhances its market reach and revenue potential.
  • Strong Customer Relationships: The company has established long-term relationships with major telecommunications service providers, contributing to a loyal customer base and repeat business.

Weaknesses

Despite its strengths, Infinera Corp also has certain weaknesses that may pose challenges for the company:

  • Dependency on Key Customers: Infinera Corp's revenue heavily relies on a few key customers, making it vulnerable to fluctuations in their demand or business decisions.
  • High R&D Costs: Although investing in R&D is a strength, it also represents a weakness as it incurs significant expenses, potentially impacting the company's profitability.
  • Product Integration Challenges: Introducing new products or integrating acquired technologies may pose challenges, resulting in delays or reduced efficiency during the transition.

Opportunities

Infinera Corp can capitalize on the following opportunities to expand its market presence and growth prospects:

  • Increasing Data Traffic: The exponential growth in data consumption and the demand for high-speed connectivity present opportunities for Infinera Corp to provide advanced networking solutions.
  • Emerging Technologies: The emergence of technologies like 5G, cloud computing, and Internet of Things (IoT) opens new avenues for Infinera Corp to develop specialized products catering to these markets.
  • Market Expansion: Infinera Corp can further penetrate emerging markets in Asia and Latin America, leveraging its global presence to capture new customers and drive revenue growth.

Threats

Infinera Corp faces several threats that may impact its market position and profitability:

  • Intense Competition: The telecom industry is highly competitive, with numerous players offering similar products and services, posing a threat to Infinera Corp's market share.
  • Economic Uncertainty: Global economic fluctuations and market volatility can impact customer spending and investment decisions, affecting the demand for Infinera Corp's products.
  • Regulatory Challenges: Changes in regulations related to data privacy, security, and net neutrality may require Infinera Corp to adapt its products and comply with evolving standards.

Infinera Segments

Infinera Revenue by Segment (1/2)

  • 3 Years

  • 5 Years

  • Max

Direct
Indirect
Details
Date
Direct
Indirect
Jan 1, 2018
838.93 M USD
104.45 M USD
Jan 1, 2019
1.03 B USD
266.34 M USD
Jan 1, 2020
1.04 B USD
315.62 M USD
Jan 1, 2021
1.10 B USD
325.57 M USD
Jan 1, 2022
1.19 B USD
381.66 M USD
Jan 1, 2023
1.07 B USD
546.56 M USD
Jan 1, 2024
900.42 M USD
518.03 M USD

Infinera Revenue by Segment (2/2)

  • 3 Years

  • 5 Years

  • Max

Product
Services
Details
Date
Product
Services
Jan 1, 2018
0.00 USD
0.00 USD
Jan 1, 2019
1.01 B USD
287.38 M USD
Jan 1, 2020
1.05 B USD
310.05 M USD
Jan 1, 2021
1.10 B USD
325.83 M USD
Jan 1, 2022
1.27 B USD
304.62 M USD
Jan 1, 2023
1.30 B USD
309.90 M USD
Jan 1, 2024
1.10 B USD
315.32 M USD

Infinera Revenue by Region

  • 3 Years

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  • Max

United States
Americas
Europe, Middle East and Africa
EMEA
Asia Pacific
Asia Pacific and Japan
Other Americas
Details
Date
United States
Americas
Europe, Middle East and Africa
EMEA
Asia Pacific
Asia Pacific and Japan
Other Americas
Jan 1, 2017
428.59 M USD
0.00 USD
0.00 USD
234.97 M USD
57.11 M USD
0.00 USD
20.07 M USD
Jan 1, 2018
476.78 M USD
0.00 USD
309.99 M USD
0.00 USD
0.00 USD
112.03 M USD
44.58 M USD
Jan 1, 2019
628.08 M USD
0.00 USD
418.33 M USD
0.00 USD
159.21 M USD
0.00 USD
93.25 M USD
Jan 1, 2020
630.42 M USD
0.00 USD
424.41 M USD
0.00 USD
201.61 M USD
0.00 USD
99.16 M USD
Jan 1, 2021
663.81 M USD
0.00 USD
477.79 M USD
0.00 USD
175.65 M USD
0.00 USD
107.96 M USD
Jan 1, 2022
870.28 M USD
0.00 USD
405.33 M USD
0.00 USD
196.03 M USD
0.00 USD
101.60 M USD
Jan 1, 2023
994.31 M USD
0.00 USD
359.20 M USD
0.00 USD
160.70 M USD
0.00 USD
99.92 M USD
Jan 1, 2024
834.47 M USD
0.00 USD
364.58 M USD
0.00 USD
139.13 M USD
0.00 USD
80.26 M USD

Infinera Eulerpool Fair Value

Details

Fair Value Estimate

What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

Infinera historical P/E ratio, EBIT multiple, and P/S ratio

Infinera annual returns

Details

Annual Return

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

Infinera shares outstanding

The number of shares of Infinera was 234.67 M in 2025. This indicates how many shares Infinera is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Number of stocks
Details
Date
Number of stocks
Jan 1, 2019
179.00 M Stocks
Jan 1, 2020
188.20 M Stocks
Jan 1, 2021
207.40 M Stocks
Jan 1, 2022
216.40 M Stocks
Jan 1, 2023
226.73 M Stocks
Jan 1, 2024
234.67 M Stocks
Jan 1, 2025 (e)
234.67 M Stocks
Jan 1, 2026 (e)
234.67 M Stocks

Infinera Dividend History

1 years of dividend payments

YearAnnual DividendYoY ChangePayments
20250.14USD
May 29, 20250.14USD1/1

Current Infinera forecasts and price targets in July 2026

Analyst Price Targets 2026
Δ MOM Price Target
0.00 %
Buy0.00 % (0)
Hold60.00 % (6)
Sell40.00 % (4)
12M Price Target
6.78
Last Price
6.64
Currency
USD
12M Return Potential
2.15 %
LTM Return
0 %

Infinera Earnings Estimates

DateEPS estimateRevenue EstimateQuarterly report
11/7/20240.07USD410.93 MUSD2024 Q3
11/6/20240.07USD410.93 MUSD2024 Q3
5/1/20240.03USD391.75 MUSD2024 Q1
2/21/20240.09USD445.62 MUSD2023 Q4
7/26/20230.05USD411.58 MUSD2023 Q2
5/1/20230.02USD389.64 MUSD2023 Q1
2/14/20230.09USD442.60 MUSD2022 Q4
11/2/20220.01USD386.25 MUSD2022 Q3
7/28/2022-0.08USD356.32 MUSD2022 Q2
5/3/2022-0.04USD367.34 MUSD2022 Q1

EESG©

Eulerpool ESG Scorecard© for the Infinera stock

85/100
94
Environment
91
Social
70
Governance
E

Environment

20
Scope 1 - Direct Emissions1,050
Scope 2 - Indirect emissions from purchased energy14,119
Scope 3 - Indirect emissions within the value chain45,861
Total CO₂ emissions15,169
CO₂ reduction strategy
Coal energy
Nuclear power
Animal experiments
Fur & Leather
Pesticides
Palm Oil
Tobacco
Genetically modified organisms
Climate concept
Sustainable forestry
Recycling regulations
Environmentally friendly packaging
Hazardous substances
Fuel consumption and efficiency
Water consumption and efficiency
S

Social

20
Percentage of female employees19.24
Percentage of women in management
Percentage of Asian employees25.6
Share of Asian management
Percentage of Hispanic/Latino employees6.3
Hispano/Latino Management share
Percentage of Black employees4
Black Management Share
Percentage of white employees60.6
White Management Share
Adult content
Alcohol
Weapons
Firearms
Gambling
Military contracts
Human rights concept
Privacy concept
Occupational health and safety
Catholic
G

Governance (Corporate Governance)

4
Environmental reporting
Stakeholder Engagement
Call Back Policies
Antitrust law

The Eulerpool ESG Scorecard© is the strictly copyrighted intellectual property of Eulerpool Research Systems. Any unauthorized use, imitation, or infringement will be actively pursued and may lead to significant legal consequences. For licenses, collaborations, or usage rights, please contact us directly via our contact form. Contact Form to us.

Infinera shareholder structure

% Name
10.57834%
Oaktree Capital Management, L.P.
Oaktree Capital Management, L.P.
10.57102%
The Vanguard Group, Inc.
The Vanguard Group, Inc.
6.68733%
Tudor Investment Corporation
Tudor Investment Corporation
6.23079%
BlackRock Institutional Trust Company, N.A.
BlackRock Institutional Trust Company, N.A.
4.26600%
Glazer Capital, LLC
Glazer Capital, LLC
3.87704%
Brown Advisory
Brown Advisory
...

Infinera Executives and Management Board

DH

Mr. David Heard

(56)

Chief Executive Officer · since 2018

Compensation6.66 M USD
NE

Ms. Nancy Erba

(57)

Chief Financial Officer

Compensation2.54 M USD
NW

Mr. Nicholas Walden

(52)

Senior Vice President - Worldwide Sales

Compensation1.73 M USD
DW

Dr. David Welch

(63)

Founder, Chief Innovation Officer · since 2001

Compensation943,704.00 USD
RM

Ms. Regan Macpherson

(59)

Chief Legal Officer, Corporate Secretary

Infinera Supply Chain

Infinera Supply Chain

Correlation: how closely stock prices move together

Same directionNo relationOpposite
23 companies
#Name1M3M6M1Y2YTrend
1
Globe Telecom
0.20
0.63
0.45
0.36
0.67
2
0.05
0.50
0.58
0.06
0.54
3
AIXTRON
Supplier
-0.24
-0.50
-0.40
0.02
0.53
4
Jabil Inc
Supplier
-0.32
0.31
0.72
-0.03
0.49
5
Fabrinet
Supplier
0.53
0.58
0.66
-0.15
0.48
#Name1M3M6M1Y2YTrend
1
0.42
-0.31
-0.10
-0.39
2
0.24
0.64
0.26
-0.55
3
Acacia Communications, Inc.
Supplier
-0.36
-0.42
-0.48
4
0.23
-0.41
0.39
0.22
-0.07
5
0.20
0.58
0.45
-0.46
-0.02

Frequently asked questions about Infinera

The business model of Infinera Corp revolves around providing innovative networking solutions for the telecommunications industry. Infinera Corp specializes in the design, manufacture, and sale of optical transport networking equipment, software, and services. With its unique vertically integrated approach, the company offers end-to-end solutions that enable network operators to enhance capacity, optimize performance, and reduce costs. Infinera Corp's product portfolio includes high-speed digital transport systems, optical line systems, and network management tools, catering to the evolving needs of network operators worldwide. By leveraging its expertise in optical networking, Infinera Corp aims to deliver advanced and scalable solutions that drive the growth and efficiency of modern communication networks.

All fundamentals and in-depth analysis of Infinera

Our stock analysis for Infinera stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Infinera. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.