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FNSR

Finisar

$17.69

-0.17 (-0.95%)

17:21
06/14/18
06/14
17:21
06/14/18
17:21

Finisar sees datacom revenue flat in Q1

Sees increased unit volumes in the data center market. Says ROADM increased demand for deployments in China and India and will drive fiscal growth in Q1. Says datacom will be relatively flat on revenue basis in Q1. Says improved yield issue at Allen facility. Says expects "low" 3D sensing revenues for Q1, but expects increase in demand in Q2. Says Sherman facility will be expected to be online in October the earliest. Comments taken from Q4 earnings conference call.

  • 14

    Jun

  • 26

    Jun

FNSR Finisar
$17.69

-0.17 (-0.95%)

05/21/18
NEED
05/21/18
NO CHANGE
NEED
Oclaro filing hints NeoPhotonics may have started sale process, says Needham
Needham analyst Alex Henderson said the S-4 filed by Lumentum (LITE) related to its deal to acquire Oclaro (OCLR) shows that the latter looked to make an acquisition and that company rejected the offer as insufficient but has "started a sell process." Henderson believes this unidentified company is most likely NeoPhotonics (NPTN), he tells investors. He also noted that the S-4 shows another bidder other than Lumentum offered $9 per share in cash for Oclaro, which he believes is likely Finisar (FNSR), adding that "this potential Oclaro acquirer would likely be interested in NeoPhotonics, in our opinion."
05/29/18
PIPR
05/29/18
NO CHANGE
Target $18
PIPR
Neutral
Piper cuts Finisar estimates, hopeful this is last of them
Piper Jaffray analyst Troy Jensen lowered his forward estimates on Finisar to reflect concerns regarding datacom pricing and the elimination of ZTE revenues. The analyst hopes this will be the last estimate cut for Finisar for the "time being." He expects improving fundamentals in the company's core optical business during the second half of 2018 and a possible more material ramp in 2019 as 400G products begin to ramp more materially. Jensen also lowered his price target for Finisar shares to $18 from $20. He keeps a Neutral rating on the name.
05/30/18
PIPR
05/30/18
NO CHANGE
PIPR
Piper turns more constructive on optical group
Piper Jaffray analyst Troy Jensen says he's turning more upbeat on the optical group on the anticipation that demand trends should improve in the second half of 2018 and the upcoming 400G cycle should provide a tailwind for growth in 2019 and beyond. While the core optical sector has been struggling for the past five quarters, growth rates have bottomed, estimates have been reduced and better times should be facing the industry in the second half of the year, Jensen tells investors in a research note. His favorite stocks in the space are Lumentum (LITE), II-VI (IIVI) and Fabrinet (FN).
06/11/18
DADA
06/11/18
NO CHANGE
Target $22
DADA
Buy
Finisar offers 'good value', says DA Davidson
DA Davidson analyst Mark Kelleher kept his Buy rating and $22 price target on Finisar ahead of its June 14th earnings report, saying that despite the recent weakness, the company's position as "one of the leading optical components manufacturers" offers investors a "good value opportunity". Kelleher points to strong demand for 100G transceivers experienced in the January quarter, but adds that he wants to see better margins achievable through process improvement. He expects Finisar to see more margin pressure over the next couple of quarters, though he also anticipates some stabilization in the company's weak China business.

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RYTM

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AMCX

AMC Networks

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1.28 (1.93%)

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APTX

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AVRO

AvroBio

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TV

Televisa

$18.25

0.51 (2.87%)

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CX

Cemex

$6.33

0.115 (1.85%)

20:42
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Upgrade
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PH

Parker-Hannifin

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0.74 (0.45%)

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KMT

Kennametal

$37.44

1.11 (3.06%)

20:41
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20:41
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SYNT

Syntel

$34.07

0.65 (1.94%)

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MGTA

Magenta Therapeutics

$0.00

(0.00%)

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  • 21

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XERS

Xeris Pharmaceuticals

$0.00

(0.00%)

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Xeris Pharmaceuticals 5.7M share IPO priced at $15.00 »

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  • 21

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KR

Kroger

$26.21

0.21 (0.81%)

, DRI

Darden

$93.27

-1.34 (-1.42%)

20:25
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Earnings
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KR

Kroger

$26.21

0.21 (0.81%)

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Darden

$93.27

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CMC

Commercial Metals

$23.67

0.44 (1.89%)

PDCO

Patterson Companies

$22.54

0.07 (0.31%)

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IIIV

i3 Verticals

$0.00

(0.00%)

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i3 Verticals 6.65M share IPO priced at $13.00 »

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  • 21

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KZR

Kezar Life Sciences

$0.00

(0.00%)

20:23
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Kezar Life Sciences 5M share IPO priced at $15.00 »

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  • 21

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LPL

LG Display

$8.91

-0.015 (-0.17%)

20:08
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LG Display discussing early retirement options for workers, Bloomberg reports »

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EGO

Eldorado Gold

$1.13

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SPX

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Market Vectors Russia ETF

$20.52

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CEO

CNOOC

$163.48

2.345 (1.46%)

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TM

Toyota

$134.34

-1.815 (-1.33%)

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FB

Facebook

$202.08

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, GOOG

Alphabet

$1,169.38

1.52 (0.13%)

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Facebook

$202.08

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Alphabet

$1,169.38

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RYAAY

Ryanair

$117.11

3.54 (3.12%)

19:01
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BNED

Barnes & Noble Education

$6.78

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SCS

Steelcase

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Lumentum

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HP Inc.

$23.31

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THO

Thor Industries

$104.81

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GLW

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$28.40

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AOBC

American Outdoor Brands

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LMNR

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VERI

Veritone

$21.52

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TRUP

Trupanion

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ARRS

Arris

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WIX

Wix.com

$107.70

1.15 (1.08%)

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DIS

Disney

$107.28

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  • 20

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SPY

SPDR S&P 500 ETF Trust

$276.00

0.52 (0.19%)

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S&P 500

$0.00

(0.00%)

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$0.00

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$35.72

0.56 (1.59%)

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GOOG

Alphabet

$1,169.38

1.52 (0.13%)

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Alphabet Class A

$1,183.83

5.54 (0.47%)

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  • 28

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