InfineraINFN
Market Cap: $1.46B
About: Infinera Corp is a global supplier of networking solutions comprised of networking equipment, software and services. Its portfolio of solutions includes optical transport platforms, converged packet-optical transport platforms, compact modular platforms, optical line systems, coherent optical subsystems, a suite of automation software offerings, and support and professional services. The company's customers include operators of fixed line and mobile networks, including telecommunications service providers, internet content providers, cable providers, wholesale carriers, research and education institutions, large enterprises, utilities and government entities.
Employees: 3,264
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
50% more funds holding in top 10
Funds holding in top 10: 2 [Q1] → 3 (+1) [Q2]
1% more funds holding
Funds holding: 209 [Q1] → 212 (+3) [Q2]
7% more first-time investments, than exits
New positions opened: 45 | Existing positions closed: 42
5% more call options, than puts
Call options by funds: $15.4M | Put options by funds: $14.7M
1% more repeat investments, than reductions
Existing positions increased: 69 | Existing positions reduced: 68
0% more capital invested
Capital invested by funds: $1.44B [Q1] → $1.44B (+$657K) [Q2]
0.95% less ownership
Funds ownership: 103.41% [Q1] → 102.47% (-0.95%) [Q2]
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
5 analyst ratings
JP Morgan Samik Chatterjee 52% 1-year accuracy 30 / 58 met price target | 4%downside $6 | Underweight Maintained | 6 Aug 2024 |
B. Riley Securities Dave Kang 63% 1-year accuracy 10 / 16 met price target | 7%upside $6.65 | Buy Maintained | 5 Aug 2024 |
Rosenblatt Mike Genovese 63% 1-year accuracy 22 / 35 met price target | 7%upside $6.65 | Neutral Downgraded | 5 Aug 2024 |
Craig-Hallum Christian Schwab 37% 1-year accuracy 11 / 30 met price target | 7%upside $6.65 | Hold Downgraded | 1 Jul 2024 |
Morgan Stanley Meta Marshall 58% 1-year accuracy 11 / 19 met price target | 7%upside $6.65 | Equal-Weight Maintained | 28 Jun 2024 |