Infinera Corp. (NASDAQ:INFN) has a beta value of 1.62 and has seen 2.3 million shares traded in the last trading session. The company, currently valued at $1.16B, closed the last trade at $5.01 per share which meant it lost -$0.09 on the day or -1.76% during that session. The INFN stock price is -32.14% off its 52-week high price of $6.62 and 43.71% above the 52-week low of $2.82. The 3-month trading volume is 3.52 million shares.

Infinera Corp. (NASDAQ:INFN) trade information

Sporting -1.76% in the red in last session, the stock has traded in the green over the last five days, when the INFN stock price touched $5.01 or saw a rise of 4.02%. Year-to-date, Infinera Corp. shares have moved 5.47%, while the 5-day performance has seen it change 3.94%. Over the past 30 days, the shares of Infinera Corp. (NASDAQ:INFN) have changed -16.92%.

Infinera Corp. (INFN) estimates and forecasts

The company’s shares have gained 61.09% over the past 6 months, compared to 10.60% for the industry. Revenue growth from the last financial year stood is estimated to be 1.90%.

8 analysts offering their estimates for the company have set an average revenue estimate of $443.63 million for the current quarter. 9 have an estimated revenue figure of $336.99 million for the next quarter concluding in Mar 2024.

If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 23.26% over the past 5 years. Earnings growth for 2024 is a modest 14.63% while over the next 5 years, the company’s earnings are expected to increase by 20.00%.

INFN Dividends

Infinera Corp. is expected to release its next earnings report in May this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.