Infosys - INFY Stock Forecast, Price & News

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Infosys in the last twelve months. There are currently 2 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" INFY shares.
View INFY analyst ratings or view top-rated stocks.

7 Wall Street research analysts have issued 12 month price objectives for Infosys' stock. Their INFY share price forecasts range from $23.00 to $29.00. On average, they expect the company's stock price to reach $25.92 in the next twelve months. This suggests a possible upside of 27.9% 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 $25.31 at the beginning of the year. Since then, INFY shares have decreased by 19.9% and is now trading at $20.27.
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Infosys saw a decline in short interest in the month of July. As of July 15th, there was short interest totaling 27,310,000 shares, a decline of 24.2% from the June 30th total of 36,030,000 shares. Based on an average daily volume of 10,510,000 shares, the days-to-cover ratio is presently 2.6 days. Currently, 0.7% of the shares of the stock are sold short.
View Infosys' Short Interest.

Infosys is scheduled to release its next quarterly earnings announcement on Wednesday, October 12th 2022.
View our INFY earnings forecast.

Infosys Limited (NYSE:INFY) posted its quarterly earnings data on Tuesday, January, 11th. The technology company reported $0.18 EPS for the quarter, hitting analysts' consensus estimates of $0.18. The technology company had revenue of $4.25 billion for the quarter, compared to the consensus estimate of $4.08 billion. Infosys had a trailing twelve-month return on equity of 30.83% and a net margin of 17.37%. During the same quarter in the previous year, the company posted $0.17 EPS.

Infosys declared a Semi-Annual dividend on Tuesday, June 28th. Shareholders of record on Wednesday, June 1st will be given a dividend of $0.171 per share on Thursday, June 30th. The ex-dividend date of this dividend is Tuesday, May 31st. This is a positive change from the stock's previous Semi-Annual dividend of $0.14.
Read our dividend analysis for INFY.

Infosys (NYSE:INFY) pays an annual dividend of $0.34 per share and currently has a dividend yield of 1.67%. The dividend payout ratio is 49.28%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, INFY will have a dividend payout ratio of 42.50% 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 on Monday, December 8th 2014. The 2-1 split was announced on Monday, November 24th 2014. The newly issued shares were distributed to shareholders after the closing bell 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 updated its FY 2023 earnings guidance on Monday, August, 1st. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $18.59 billion-$18.92 billion, compared to the consensus revenue estimate of $18.42 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 retail and institutional investors. Top institutional investors include Somerset Capital Management LLP (0.12%), Marathon Asset Management Ltd (0.10%), Baillie Gifford & Co. (0.09%), State of New Jersey Common Pension Fund D (0.08%), Genesis Investment Management LLP (0.08%) and National Bank of Canada FI (0.07%).

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.
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One share of INFY stock can currently be purchased for approximately $20.27.

Infosys (NYSE:INFY) has a market capitalization of $85.27 billion and generates $16.31 billion in revenue each year. The technology company earns $2.96 billion in net income (profit) each year or $0.69 on an earnings per share basis.

Infosys employs 314,015 workers across the globe.

Infosys was founded in 1981.

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.