Infosys Limited (INFY)
NYSE: INFY · IEX Real-Time Price · USD
21.68
-0.57 (-2.56%)
At close: Jul 19, 2024, 4:00 PM
21.69
+0.01 (0.05%)
Pre-market: Jul 22, 2024, 7:29 AM EDT
Infosys Stock Forecast
Stock Price Forecast
The 5 analysts with 12-month price forecasts for Infosys stock have an average target of 18.82, with a low estimate of 14 and a high estimate of 22. The average target predicts a decrease of -13.19% from the current stock price of 21.68.
Analyst Consensus: Hold
* Price targets were last updated on Apr 19, 2024.
Analyst Ratings
The average analyst rating for Infosys stock from 7 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Hold | 2 | 3 | 3 | 3 | 3 | 4 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 6 | 6 | 6 | 6 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Macquarie | Macquarie | Sell → Hold Upgrades n/a | Sell → Hold | Upgrades | n/a | n/a | Jul 19, 2024 |
| BMO Capital | BMO Capital | Hold Maintains $21 → $18 | Hold | Maintains | $21 → $18 | -16.97% | Apr 19, 2024 |
| Susquehanna | Susquehanna | Sell Maintains $15 → $14 | Sell | Maintains | $15 → $14 | -35.42% | Apr 19, 2024 |
| HSBC | HSBC | Strong Buy → Hold Downgrades $20 | Strong Buy → Hold | Downgrades | $20 | -7.29% | Apr 19, 2024 |
| Guggenheim | Guggenheim | Hold Initiates $20 | Hold | Initiates | $20 | -7.75% | Mar 19, 2024 |
Financial Forecast
Revenue This Year
19.51B
from 18.56B
Increased by 5.13%
Revenue Next Year
21.25B
from 19.51B
Increased by 8.89%
EPS This Year
0.77
from 0.76
Increased by 1.59%
EPS Next Year
0.86
from 0.77
Increased by 11.57%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 20.7B | 22.8B | 24.9B | 26.0B | 28.3B |
| Avg | 19.5B | 21.2B | 23.0B | 24.8B | 26.8B |
| Low | 18.3B | 19.6B | 20.4B | 23.5B | 25.2B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 11.7% | 16.9% | 17.2% | 12.7% | 14.1% |
| Avg | 5.1% | 8.9% | 8.4% | 7.6% | 8.3% |
| Low | -1.4% | 0.3% | -4.2% | 2.0% | 1.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 0.85 | 0.94 | 1.05 | 1.04 |
| Avg | 0.77 | 0.86 | 0.93 | 1.01 |
| Low | 0.70 | 0.77 | 0.82 | 0.97 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 11.8% | 22.1% | 21.9% | 11.9% |
| Avg | 1.6% | 11.6% | 8.0% | 8.7% |
| Low | -8.2% | -0.7% | -4.9% | 4.4% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.