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Infinera Corp has a consensus price target of $7.51 based on the ratings of 13 analysts. The high is $12 issued by Rosenblatt on March 24, 2022. The low is $4.5 issued by Jefferies on March 7, 2024. The 3 most-recent analyst ratings were released by Rosenblatt, JP Morgan, and B. Riley Securities on November 6, 2024, August 6, 2024, and August 5, 2024, respectively. With an average price target of $6.43 between Rosenblatt, JP Morgan, and B. Riley Securities, there's an implied -2.97% downside for Infinera Corp from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Infinera (NASDAQ:INFN) was reported by Rosenblatt on November 6, 2024. The analyst firm set a price target for $6.65 expecting INFN to rise to within 12 months (a possible 0.23% upside). 14 analyst firms have reported ratings in the last year.
The latest analyst rating for Infinera (NASDAQ:INFN) was provided by Rosenblatt, and Infinera maintained their neutral rating.
The last upgrade for Infinera Corp happened on August 11, 2023 when Jefferies raised their price target to N/A. Jefferies previously had an underperform for Infinera Corp.
The last downgrade for Infinera Corp happened on August 5, 2024 when Rosenblatt changed their price target from $8 to $6.65 for Infinera Corp.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Infinera, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Infinera was filed on November 6, 2024 so you should expect the next rating to be made available sometime around November 6, 2025.
While ratings are subjective and will change, the latest Infinera (INFN) rating was a maintained with a price target of $6.65 to $6.65. The current price Infinera (INFN) is trading at is $6.64, which is out of the analyst’s predicted range.
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