Alert: Negative Investment/Fundamental Signals (6/7/24)-Infinera Corp (NASDAQ: INFN)

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Important negative changes in Infinera Corp (NASDAQ: INFN) fundamentals have recently occurred: the consensus estimate for December, 2024 decreased significantly, significant quarterly earnings deceleration occurred, and the consensus estimate for December, 2025 decreased significantly.

Infinera Corp (NASDAQ: INFN). Important negative changes in investment behavior have recently occurred: negative upside/downside volume developed.

In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.

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Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to be above the cost of capital, INFN is expected to continue to be a major Value Builder.

Infinera has a current Value Trend Rating of C (Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Infinera has a poor Appreciation Score of 20 but a good Power Rating of 82, and the Neutral Value Trend Rating results.

Recent Price Action

On 6/7/24, Infinera Corp (NASDAQ: INFN) stock declined modestly by -2.0%, closing at $5.41. However, this decline was accompanied by below average trading volume at 76% of normal. The stock has declined -0.9% during the last week but has been exceptionally strong relative to the market over the last nine months.

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