Stock Price Prediction

INFN stock is currently trading at $6.63, slightly below Nokia's acquisition price of $6.65 per share. Bulls view the stock as stable due to the acquisition deal, which provides a price floor and potential upside if regulatory approvals are expedited. Additionally, the CHIPS Act funding of up to $93 million supports long-term growth in semiconductor manufacturing, enhancing its strategic value.

INFN stock is currently trading at $6.63, slightly below Nokia's acquisition price of $6.65 per share. The bearish view stems from limited upside potential due to the acquisition cap, coupled with weak financial performance, including a 9.7% YoY revenue decline in Q3 2024. Additionally, analysts have downgraded the stock to "Neutral," citing valuation concerns and reduced EPS estimates for 2024/2025.

The market consensus for INFN's revenue in the upcoming quarter is projected to be approximately $362.34M USD.

The market consensus for INFN's eps in the upcoming quarter is projected to be approximately $0.009 USD.