FY2028 EPS Estimates for Sify Technologies Lowered by Sidoti

Key Points

• Sidoti cut its FY2028 EPS estimate for Sify Technologies to $0.02 from $0.05, although the revised forecast remains above the current full-year consensus estimate of $0.01.
• Sify reported quarterly EPS of $0.01 and revenue of $143.84 million, significantly below analysts’ $189.58 million revenue estimate. The company also posted a negative net margin of 1.22% and negative return on equity of 9.85%.
• Analyst sentiment remains weak: recent firms downgraded or maintained negative ratings, leaving Sify with an overall “Sell” consensus. Shares opened at $12.44, below their 50-day and 200-day moving averages.

Sify Technologies Limited (NASDAQ:SIFY - Free Report) - Sidoti reduced their FY2028 earnings per share (EPS) estimates for Sify Technologies in a research note issued on Thursday, October 29th. Sidoti analyst G. Burns now forecasts that the technology company will post earnings of $0.02 per share for the year, down from their prior estimate of $0.05. The consensus estimate for Sify Technologies' current full-year earnings is $0.01 per share.

Sify Technologies (NASDAQ:SIFY - Get Free Report) last released its quarterly earnings results on Wednesday, October 28th. The technology company reported $0.01 earnings per share for the quarter. The business had revenue of $143.84 million during the quarter, compared to analyst estimates of $189.58 million. Sify Technologies had a negative return on equity of 9.85% and a negative net margin of 1.22%.

Other research analysts have also recently issued reports about the company. Wall Street Zen cut Sify Technologies from a "buy" rating to a "hold" rating in a research report on Saturday, August 8th. Weiss Ratings restated a "sell (d-)" rating on shares of Sify Technologies in a report on Friday, September 25th. One investment analyst has rated the stock with a Sell rating. According to MarketBeat, the stock currently has an average rating of "Sell".

Sify Technologies Price Performance

Shares of SIFY stock opened at $12.44 on Monday. The business's 50 day simple moving average is $13.29 and its 200 day simple moving average is $14.55. The company has a current ratio of 0.74, a quick ratio of 0.65 and a debt-to-equity ratio of 1.23. Sify Technologies has a one year low of $10.09 and a one year high of $17.85.

Institutional Investors Weigh In On Sify Technologies

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Parallel Advisors LLC grew its stake in shares of Sify Technologies by 969.1% in the first quarter. Parallel Advisors LLC now owns 1,935 shares of the technology company's stock worth $25,000 after acquiring an additional 1,754 shares in the last quarter. GAMMA Investing LLC increased its stake in shares of Sify Technologies by 59.3% during the second quarter. GAMMA Investing LLC now owns 2,319 shares of the technology company's stock valued at $39,000 after acquiring an additional 863 shares during the period. Allworth Financial LP lifted its stake in Sify Technologies by 50.6% in the 2nd quarter. Allworth Financial LP now owns 3,828 shares of the technology company's stock worth $64,000 after acquiring an additional 1,286 shares in the last quarter. Allianz Asset Management GmbH bought a new stake in Sify Technologies during the second quarter valued at about $1,262,000. Finally, Liontrust Investment Partners LLP increased its holdings in shares of Sify Technologies by 6.2% during the first quarter. Liontrust Investment Partners LLP now owns 135,109 shares of the technology company's stock worth $1,728,000 after buying an additional 7,850 shares in the last quarter. 0.61% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about Sify Technologies

Here are the key news stories impacting Sify Technologies this week:

• Positive Sentiment: Data-center expansion and strong bookings support the growth story. Operational data-center capacity reached 136 megawatts, with 113 megawatts already contracted. Network services also contributed 43% of quarterly revenue, highlighting the scale of Sify’s recurring infrastructure business. Sify Technologies: 3 Key Takeaways for Long-Term Investors
• Positive Sentiment: Second-quarter revenue increased 31%. Sify reported quarterly revenue of INR 13.798 billion and profit of INR 40 million, while the revenue growth and data-center demand point to continued expansion in its core infrastructure operations. Sify Technologies Limited Reports Q2 FY 2026-27 Results
• Neutral Sentiment: Sidoti’s long-term forecast remains comparatively optimistic. The analyst projects fiscal 2029 EPS of $0.06, above the current full-year consensus estimate of $0.02, suggesting expectations for meaningful earnings improvement over several years. Sify Technologies Analyst Estimates
• Negative Sentiment: Sidoti reduced several earnings forecasts. The firm cut its fiscal 2027 EPS estimate to $0.01 from $0.02 and lowered estimates for multiple quarters in 2027-2028, including Q3 2027, Q1 2028, Q2 2028 and Q4 2028. The revisions indicate weaker near-term profitability expectations and are the most likely reason for the stock’s decline despite strong revenue growth. Sidoti Sify Technologies Earnings Estimates

About Sify Technologies

Sify Technologies Limited is an India-based digital transformation and information and communications technology services company. It provides enterprises with solutions spanning cloud computing, data center infrastructure, managed connectivity, cybersecurity, and IT services.

The company operates data centers and delivers hybrid and multi-cloud services, including cloud migration, infrastructure management, monitoring, and application-related support. Its connectivity offerings include enterprise networking and managed network services, while its security portfolio covers areas such as threat protection, security operations, and compliance support.

Founded in 1998, Sify was among India's early internet service providers before expanding into enterprise technology and digital infrastructure services.

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