Is Infinera Corporation a Buy?
Infinera (NASDAQ: INFN) took investors on a roller-coaster ride this year, rallying nearly 40% in the first two months of the year before giving up all those gains and ending up down 15% for the year. The optical transport solutions provider was previously seen as a good play on the fiber "super cycle," with streaming media, cloud storage, and other data-intensive tasks encouraging widespread upgrades among service providers.
Unfortunately, poor revenue growth and four straight quarters of unprofitability cast serious doubts on that bullish thesis. Will things improve through the end of the year, or will they get worse? Let's compare the bear and bull cases to see if Infinera is worth buying.
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Source: Fool.com
Infinera Corp. Stock
€4.88
1.240%
We see a rather positive sentiment for Infinera Corp. with 6 Buy predictions and 1 Sell predictions.
As a result the target price of 6 € shows a positive potential of 22.95% compared to the current price of 4.88 € for Infinera Corp..
