Infosys (INFY) Stock Forecast, Price & News

11 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Infosys in the last year. There are currently 1 sell rating, 7 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" INFY shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in INFY, but not buy additional shares or sell existing shares.
View INFY analyst ratings or view top-rated stocks.

11 brokers have issued 1 year target prices for Infosys' shares. Their INFY share price forecasts range from $14.00 to $22.00. On average, they anticipate the company's stock price to reach $18.00 in the next twelve months. This suggests a possible upside of 1.5% from the stock's current price.
View analysts price targets for INFY or view top-rated stocks among Wall Street analysts.

Infosys' stock was trading at $18.01 on January 1st, 2023. Since then, INFY shares have decreased by 1.5% and is now trading at $17.74.
View the best growth stocks for 2023 here.

Infosys saw a increase in short interest during the month of August. As of August 31st, there was short interest totaling 45,330,000 shares, an increase of 15.2% from the August 15th total of 39,360,000 shares. Based on an average daily volume of 9,360,000 shares, the short-interest ratio is currently 4.8 days. Approximately 1.1% of the company's stock are sold short.
View Infosys' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, October 12th 2023.
View our INFY earnings forecast.

Infosys Limited (NYSE:INFY) announced its quarterly earnings data on Thursday, July, 20th. The technology company reported $0.17 earnings per share for the quarter, missing analysts' consensus estimates of $0.18 by $0.01. The technology company earned $4.62 billion during the quarter, compared to analysts' expectations of $4.55 billion. Infosys had a trailing twelve-month return on equity of 32.39% and a net margin of 16.41%.

Infosys declared a semi-annual dividend on Wednesday, May 31st. Stockholders of record on Friday, June 2nd will be paid a dividend of $0.2134 per share on Monday, July 3rd. This represents a yield of 1.5%. The ex-dividend date is Thursday, June 1st. This is a boost from the stock's previous semi-annual dividend of $0.17.
Read our dividend analysis for INFY.

ETFs with the largest weight of Infosys (NYSE:INFY) stock in their portfolio include VanEck Digital India ETF (DGIN), First Trust Nasdaq Cybersecurity ETF (CIBR), VanEck India Growth Leaders ETF (GLIN), Putnam PanAgora ESG Emerging Markets Equity ETF (PPEM), Emerge EMPWR Sustainable Emerging Markets Equity ETF (EMCH), ProShares MSCI Emerging Markets Dividend Growers ETF (EMDV), Matthews Emerging Markets ex China Active ETF (MEMX) and ALPS Emerging Sector Dividend Dogs ETF (EDOG).

Infosys (NYSE:INFY) pays an annual dividend of $0.36 per share and currently has a dividend yield of 2.02%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 50.00%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, INFY will have a dividend payout ratio of 46.75% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for INFY.

Infosys's stock split before market open on Monday, December 8th 2014. The 2-1 split was announced on Monday, November 24th 2014. The newly issued shares were issued to shareholders after the market closes on Friday, December 5th 2014. An investor that had 100 shares of stock prior to the split would have 200 shares after the split.

Infosys issued an update on its FY 2024 earnings guidance on Thursday, July, 20th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $18.39 billion-$18.85 billion, compared to the consensus revenue estimate of $19.23 billion.

401 employees have rated Infosys Chief Executive Officer Salil S. Parekh on Glassdoor.com. Salil S. Parekh has an approval rating of 75% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Infosys investors own include Wipro (WIT), Tata Motors (TTM), Walt Disney (DIS), CA (CA), NVIDIA (NVDA), Alibaba Group (BABA), ICICI Bank (IBN), Intel (INTC), Micron Technology (MU) and Cisco Systems (CSCO).

Infosys trades on the New York Stock Exchange (NYSE) under the ticker symbol "INFY."

Infosys' stock is owned by many different institutional and retail investors. Top institutional investors include JPMorgan Chase & Co. (2.01%), State Street Corp (0.43%), Sustainable Growth Advisers LP (0.40%), Fisher Asset Management LLC (0.38%), Lazard Asset Management LLC (0.36%) and Robeco Institutional Asset Management B.V. (0.28%).

Shares of INFY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

One share of INFY stock can currently be purchased for approximately $17.74.

Infosys (NYSE:INFY) has a market capitalization of $73.42 billion and generates $18.21 billion in revenue each year. The technology company earns $2.98 billion in net income (profit) each year or $0.72 on an earnings per share basis.

The company employs 343,234 workers across the globe.

Infosys' mailing address is ELECTRONICS CITY HOSUR ROAD, BANGALORE K7, 560100. The official website for the company is www.infosys.com. The technology company can be reached via phone at 918028520261, via email at sandeep_mahindroo@infosys.com, or via fax at 91-80-2852-0362.