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How to Buy Infinera Stock

Infinera Corp

Infinera Corporation provides optical transport networking equipment, software, and services worldwide.

Infinera stock last closed at $5.51, up 8.04% from the previous day, and has decreased 26.53% in one year. It has underperformed other stocks in the Communication Equipment industry by 0.09 percentage points. Infinera stock is currently +95.39% from its 52-week low of $2.82, and -29.36% from its 52-week high of $7.80.

As of Mar 27, 2024, there are 231.42M INFN shares outstanding. The market capitalization of INFN is $1.28B. In the last 24 hours, 5.31M INFN shares were traded.

How to Buy Infinera Stock

Not sure how to invest in Infinera stock? Here's how.
  1. Choose where to buy Infinera stock: You need to decide on a stock brokerage, but don't worry - we've tested dozens of stock brokerages and apps to help you figure out where to buy Infinera stock.
  2. Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
  3. Fund your brokerage account: Select your method of payment and add your info.
  4. Analyze Infinera stock: The Infinera ticker symbol is INFN. Is Infinera stock a good investment? Should you buy shares of INFN? How do INFN's underlying business fundamentals look? Do top analysts think Infinera is a good buy? Why has INFN's stock price moved recently? (Hint: Our stock analysis website can help you understand if INFN is a good stock to buy).
  5. Execute your INFN trade: Decide if you will purchase INFN shares at the current market price or use a limit order to purchase INFN shares at a specific price.
  6. Keep tabs on your investment in INFN: Create a watchlist to monitor your position in Infinera stock.

Step 1: Choose where to buy Infinera stock

You will need an online brokerage account in order to access the NASDAQ market and buy INFN stock.

A brokerage account is an investment account that enables you to buy and sell a variety of financial instruments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Create a brokerage account

Now that you've chosen your brokerage, you need to fill out some personal information so you are able to buy INFN today.

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  1. Send your information by hitting the "Create Account" button.
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Step 3: Fund your brokerage account

Now that you have opened your account on the highest rated stock app, you can securely and quickly fund your account:

Watch this video walkthrough for more details depositing funds into your brokerage account.

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Step 4: Analyze Infinera stock

Once you have chosen the best place to buy Infinera stock, it's absolutely critical to evaluate their stock prior to buying, so you truly understand the risk and opportunity.

Infinera shares at a glance

INFN Price
$5.51
1w %
4.75%
1y %
-26.53%
5y %
30.26%
P/E
-551x
P/B
7.04x
P/S
0.76x
PEG
N/A
Revenue
$1.65B
Earnings
-$4.63M
Fore. Rev. Growth
-0.97%
Fore. Earn. Growth
N/A
Market Cap
$1.28B
Next Earnings
May 1, 2024
Next Dividend
N/A

Fundamentals of Infinera

WallStreetZen was designed to help everyday investors do more in-depth fundamental analysis in minutes instead of hours.

You can see all of the due diligence checks on INFN's stock page.

Is INFN stock undervalued?

Analysts use many financial metrics, analyses, models, and charts to gauge INFN's true value.

Using relative valuations measures:

  • INFN may be overvalued based on its P/B ratio of 7.04x, relative to Communication Equipment industry P/B ratio of 2.78x

You can do additional valuation research on INFN's stock here.

A look at INFN Cashflows and Balance Sheet

Signs that INFN is financially healthy:

  • INFN has $125.65M in cash and short term investments. This is sufficient to cover its annual cash burn of $79.91M.
  • INFN profit margin has gone up from -9.6% to -0.3% in the past year.
  • INFN has cash burn of 79909000. It has enough cash and short-term investments to cover this for at least one year.
  • There are more short-term assets than short-term liabilities on the INFN balance sheet.
  • There are more short-term assets than long-term liabilities on the INFN balance sheet.

Signs that INFN is not financially healthy:

  • Total INFN debt is higher than 5 years ago, relative to shareholder equity.
  • INFN has a relatively high debt to equity ratio of 7.65.

Is it a good time to buy INFN stock, according to analysts?

Out of 4 Equities analysts who give forecasts on INFN, the consensus analyst rating on Infinera is a Strong Buy

It's important to keep in mind that analyst ratings are not recommendations, nor are they financial advice.

You can dig deeper into what analysts are forecasting on the Infinera stock forecast page.

INFN Momentum

SMA10
5.08
SMA20
5.01
SMA50
5.08
SMA100
4.69
SMA200
4.43
MACD
0.08
MACD Signal
0.01
MACD Histogram
0.07
RSI
59.31
Stochastic %K
71.56
Stochastic %D
71.33
StochRSI %K
82.51
StochRSI %D
87.22

How are INFN Revenues/Earnings doing?

Last year, INFN revenue was $1.65B. In the last five year, INFN's revenue has grown by 15.33% per year. This was faster than the Communication Equipment industry average of 3.89%.

Dig into INFN's earnings and revenue performance here.

Who is buying/selling INFN?

In the past 12 months, executives and large shareholders at INFN have sold more shares than they have bought.

Nancy Erba, Chief Financial Officer of INFN, was the latest INFN insider to sell. They sold $23,442.80 worth of INFN stock on Mar 5, 2024.

Learn more about who owns INFN stock here.

Can I rely on INFN as an income stream?

No, Infinera doesn't provide an income stream by paying out dividends.

INFN Social Trading Data

One of the major reasons eToro is our top-rated brokerage is because of its social trading community.

Click below to find out what other investors have to say.

Step 5: Execute your INFN trade

You have two primary order types:

  • Market order: A market order is an order to buy or sell a stock at the best available price.
    Market orders are generally fine.
  • Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
    If you want to be sure you're buying or selling at a specific price limit, place a limit order.

Hit the Open Trade button and your broker will place your order.

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Step 6: Keep tabs on your investment in INFN

Now that you own some INFN shares, you'll want to stay up-to-date on your investment.

Put INFN on a watchlist to track your INFN stock.

INFN Feed

How to Buy Stock in Infinera

To reiterate, here are the 6 steps you need to take to buy Infinera stock right now:

  1. Choose where to buy Infinera stock
  2. Create a brokerage account
  3. Fund your brokerage account
  4. Analyze Infinera stock
  5. Execute your INFN trade
  6. Keep tabs on your investment in INFN

If you need a online brokerage, eToro is our recommended option.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to monitor your new investment in Infinera, create a watchlist today.

NASDAQ: INFN
$5.51+0.41 (+8.04%)
Updated Mar 27, 2024
Open eToro Account
NASDAQ: INFN
$5.51+0.41 (+8.04%)
Updated Mar 27, 2024
Open eToro Account

FAQ

How much does it cost to buy one Infinera share?

As of Mar 27, 2024, it costs $5.51 to buy one share of Infinera stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $2, you can buy 0.363 shares of INFN.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Infinera stock?

According to 4 Wall Street analysts who monitor Infinera, their consensus recommendation is to buy Infinera stock.

What is the best way to buy Infinera stock?

One way to place an order for Infinera stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.