Infosys Limited (INFY)
| Market Cap | 70.32B |
| Revenue (ttm) | 18.21B |
| Net Income (ttm) | 2.98B |
| Shares Out | 4.15B |
| EPS (ttm) | 0.71 |
| PE Ratio | 24.00 |
| Forward PE | 21.41 |
| Dividend | $0.43 (2.53%) |
| Ex-Dividend Date | Oct 24, 2023 |
| Volume | 8,727,023 |
| Open | 17.11 |
| Previous Close | 17.01 |
| Day's Range | 16.88 - 17.13 |
| 52-Week Range | 14.98 - 20.74 |
| Beta | 0.54 |
| Analysts | Hold |
| Price Target | 18.82 (+11.1%) |
| Earnings Date | Apr 18, 2024 |
About INFY
Infosys Limited, together with its subsidiaries, provides consulting, technology, outsourcing, and next-generation digital services in North America, Europe, India, and internationally. It provides digital marketing and digital workplace, digital commerce, digital experience and interactions, metaverse, data analytics and AI, applied AI, generative AI, sustainability, blockchain, engineering, Internet of Things, enterprise agile DevOps, application modernization, cloud, digital process automation, digital supply chain, Microsoft business applic... [Read more]
Financial Performance
In 2022, Infosys's revenue was $18.21 billion, an increase of 11.65% compared to the previous year's $16.31 billion. Earnings were $2.98 billion, an increase of 0.61%.
Financial StatementsAnalyst Forecast
According to 6 analysts, the average rating for INFY stock is "Hold." The 12-month stock price forecast is $18.82, which is an increase of 11.10% from the latest price.
News
India's Infosys falls as annual revenue outlook disappoints
Shares of Infosys fell as much as 2.9% on Friday, a day after India's No.2 software services exporter forecast annual revenue below expectations, raising doubts over predictions of early recovery in t...
Infosys:Strong large deal TCV of $4.5 billion in Q4 and record $17.7 billion in FY24 create robust foundation for growth
FY25 guidance - revenue growth of 1%-3% and operating margin of 20%-22% BENGALURU, India , April 18, 2024 /PRNewswire/ -- Infosys (NSE: INFY) (BSE: INFY) (NYSE: INFY), a global leader in next-generati...
Infosys' stock sinks toward longest losing streak in 2 years after revenue miss
Shares of Infosys Ltd. continued their selloff Thursday toward a 10-month low, after the India-based information-technology consultant reported fiscal fourth-quarter revenue that missed expectations, ...
Infosys to Acquire Leading Engineering R&D services provider, in-tech
Acquisition demonstrates Infosys' commitment to the automotive ecosystem and strengthens its footprint across Europe BENGALURU, India and MUNICH , April 18, 2024 /PRNewswire/ -- Infosys (NSE: INFY) (B...
Proximus Revamps Customer Service Operations Platform in Collaboration with Infosys
Leverages Infosys Cobalt to simplify and standardize Proximus' ServiceNow platform for better usability and customer experience BENGALURU, India , April 17, 2024 /PRNewswire/ -- Infosys (NSE: INFY) (...
Top 3 Tech Stocks That May Explode This Month - Infosys (NYSE:INFY), Digital Turbine (NASDAQ:APPS)
The most oversold stocks in the information technology sector presents an opportunity to buy into undervalued companies.
Infosys Topaz and Intel Collaborate to Accelerate Enterprise Growth and Efficiency with Generative AI
Expanded collaboration will help democratize AI by bringing open standards in AI hardware and software stack across edge, core, and cloud computing BENGALURU, India , April 10, 2024 /PRNewswire/ -- In...
Zand Bank Subscribes to Infosys Finacle's Corporate Banking Suite on Microsoft Cloud to Deliver New-Age Banking Experiences
BENGALURU, India and DUBAI, UAE, April 3, 2024 /PRNewswire/ -- Infosys Finacle, part of EdgeVerve Systems, a wholly-owned subsidiary of Infosys (NSE: INFY), (BSE: INFY), (NYSE: INFY), and Zand Bank (Z...
Infosys and Handelsblatt Media Group Announce Strategic Collaboration
To make complex reports on global economic and finance issues more accessible and easily consumable for the public leveraging generative AI DÜSSELDORF, Germany , March 27, 2024 /PRNewswire/ -- Infosys...
Infosys and ATP Renew Partnership until 2026, to Drive AI-first Innovations in Professional Tennis
The long-standing partnership marks a monumental decadal milestone Infosys Topaz to enhance AI-driven digital features for all stakeholders of tennis LONDON, March 6, 2024 /PRNewswire/ -- Infosys (NS...
Ethisphere recognizes Infosys among 2024 World's Most Ethical Companies® for the Fourth Consecutive Year
Highlights Infosys' commitment to business integrity through robust ethics, compliance, and governance programs BENGALURU, India , March 4, 2024 /PRNewswire/ -- Infosys (NYSE: INFY), a global leader i...
PROG Holdings and Infosys Forge Strategic Collaboration to Bring AI-Powered Experiences to Customers and Intelligent Automation to Operations
SALT LAKE CITY and BENGALURU, India , March 1, 2024 /PRNewswire/ -- PROG Holdings, Inc. (NYSE: PRG), the fintech holding company for Progressive Leasing, Vive Financial, Four Technologies, and Build, ...
Infosys Topaz Unveils Responsible AI Suite of Offerings, to help Enterprises Navigate the Regulatory and Ethical Complexities of AI-powered Transformation
Responsible AI (RAI) Office will serve as the custodian of ethical use of AI and ensure solutions align with emerging guardrails for AI across geographies BENGALURU, India , Feb. 27, 2024 /PRNewswire/...
Cost concerns could delay AI ramp up among IT clients, Infosys exec says
IT clients are excited about using artificial intelligence, but cost considerations are forcing them to apply brakes on the faster adoption of the technology, a top Infosys executive said.
Dow Jones and Infosys Introduce Upgraded Preference Center for Wall Street Journal Subscribers
New personalization tools allow for greater customized digital experiences NEW YORK , Feb. 21, 2024 /PRNewswire/ -- Dow Jones, a global provider of news and business information, and Infosys (NSE: INF...
Infosys Celebrates 25 Years of Delivering Innovation with SAP
Reiterates commitment to accelerate digital transformation and create sustainable business value for customers through Infosys Cobalt BENGALURU, India , Feb. 1, 2024 /PRNewswire/ -- Infosys (NSE: INF...
Infosys Collaborates with Musgrave to Drive Cognitive First IT Transformation
Leveraging Infosys Topaz and Infosys Cobalt to help automate Musgrave's IT operations in Ireland and across Europe BENGALURU, India, Jan. 31, 2024 /PRNewswire/ -- Infosys (NSE: INFY), (BSE: INFY), (N...
Infosys has done a 'huge' amount of work to become a net-zero company, says CEO
Infosys CEO Salil Parekh discusses the company's involvement in the green transition and its sustainability efforts.
Infosys, a Top 3 IT services brand globally. Leads the IT services industry with the fastest CAGR in brand value over 5 years.
DAVOS, Switzerland , Jan. 16, 2024 /PRNewswire/ -- Infosys (NSE: INFY) (BSE: INFY) (NYSE: INFY), a global leader in next-generation digital services and consulting, today announced that it has been r...
Kyndryl, Accenture, Wipro, Infosys stocks fly as tech demand rises
Consultants are back in business as demand for IT spending jumps. Kyndryl (KD) stock price has surged to its highest point since November 2021 after jumping by over 169% from its lowest point in 2022.
India's TCS, Infosys jump on upbeat results, lift IT stocks
Shares of India's top IT services providers Tata Consultancy Services and Infosys rose between 3% and 4.5% on Friday after their results indicated a possible end to persisting sluggish demand.
India's TCS, Infosys see revenue dips on client spending cuts
Indian IT giants TCS and Infosys both signaled weak revenue growth in quarterly results Thursday as a client spending slowdown deepened a seasonally weak time for the sector.
Infosys: Resilient performance in a seasonally weak quarter; Large deal momentum continues with 71% net new deals
Infosys Topaz driving strong differentiation and market leadership in generative AI BENGALURU, India , Jan. 11, 2024 /PRNewswire/ -- Infosys (NSE: INFY) (BSE: INFY) (NYSE: INFY), a global leader in ne...
India's Infosys Q3 profit misses view on weak demand, tightens FY rev forecast
Infosys , India's No.2 IT services provider, tightened its full-year revenue forecast on Thursday after reporting a lower-than-expected quarterly profit estimates on sluggish demand from clients amid ...
Infosys Q3 profit misses estimates on weak demand
Infosys , India's No.2 IT services provider, missed quarterly profit estimates on Thursday, hurt by weak demand from clients amid global economic uncertainty.