Infosys Stock Forecast, Price & News

Infosys' stock was trading at $8.90 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, INFY stock has increased by 51.7% and is now trading at $13.50.
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12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Infosys in the last year. There are currently 4 hold ratings, 7 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy."
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Infosys is scheduled to release its next quarterly earnings announcement on Friday, October 9th 2020.
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Infosys Ltd (NYSE:INFY) announced its quarterly earnings results on Wednesday, July, 15th. The technology company reported $0.13 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.12 by $0.01. The technology company had revenue of $3.12 billion for the quarter, compared to analyst estimates of $2.96 billion. Infosys had a net margin of 18.35% and a return on equity of 27.03%. During the same quarter in the previous year, the firm earned $0.13 EPS.
View Infosys' earnings history.

Infosys declared a semi-annual dividend on Thursday, May 28th. Stockholders of record on Friday, January 1st will be given a dividend of $0.1028 per share on Friday, May 29th. This represents a dividend yield of 2.6%. The ex-dividend date of this dividend is Friday, May 29th.
View Infosys' dividend history.

Shares of Infosys split on the morning of Monday, December 8th 2014. The 2-1 split was announced on Monday, November 24th 2014. The newly created shares were payable to shareholders after the closing bell on Friday, December 5th 2014. An investor that had 100 shares of Infosys stock prior to the split would have 200 shares after the split.

Infosys updated its FY 2021 Pre-Market earnings guidance on Wednesday, July, 15th. The company provided EPS guidance of for the period. The company issued revenue guidance of $12.78-13.036 billion, compared to the consensus revenue estimate of $12.44 billion.

12 equities research analysts have issued 1-year price targets for Infosys' stock. Their forecasts range from $9.00 to $14.00. On average, they expect Infosys' stock price to reach $10.92 in the next twelve months. This suggests that the stock has a possible downside of 19.1%.
View analysts' price targets for Infosys.

Headlines about INFY stock have trended positive on Saturday, InfoTrie reports. The research group rates the sentiment of press coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Infosys earned a media sentiment score of 2.7 on InfoTrie's scale. They also assigned press coverage about the technology company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the next several days.
View the latest news about Infosys.

Infosys saw a decline in short interest during the month of August. As of August 14th, there was short interest totaling 58,820,000 shares, a decline of 20.3% from the July 30th total of 73,760,000 shares. Based on an average daily volume of 11,370,000 shares, the short-interest ratio is presently 5.2 days. Currently, 1.4% of the company's shares are sold short.
View Infosys' Short Interest.

Some companies that are related to Infosys include Cognizant Technology Solutions (CTSH), Wipro (WIT), Verisign (VRSN), NTT DATA CORP/ADR (NTDTY), EPAM Systems (EPAM), Obic (OBIIF), Zscaler (ZS), Aspen Technology (AZPN), Amdocs (DOX), GEMALTO NV/S (GTOMY), Sogou (SOGO), Endava (DAVA), Virtusa (VRTU), PROS (PRO) and Perficient (PRFT).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Infosys investors own include Wipro (WIT), CA (CA), Tata Motors (TTM), Walt Disney (DIS), NVIDIA (NVDA), Alibaba Group (BABA), ICICI Bank (IBN), Micron Technology (MU), Accenture (ACN) 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 Nordea Investment Management AB (1.42%), Bank of New York Mellon Corp (0.70%), Fisher Asset Management LLC (0.67%), Genesis Investment Management LLP (0.67%), GQG Partners LLC (0.61%) and Goldman Sachs Group Inc. (0.53%).

INFY stock was sold by a variety of institutional investors in the last quarter, including GQG Partners LLC, AQR Capital Management LLC, Fisher Asset Management LLC, Bank of New York Mellon Corp, APG Asset Management N.V., Vanguard Group Inc., Goldman Sachs Group Inc., and Sprucegrove Investment Management Ltd..

INFY stock was acquired by a variety of institutional investors in the last quarter, including Nordea Investment Management AB, Neuberger Berman Group LLC, FIL Ltd, Clark Capital Management Group Inc., Schonfeld Strategic Advisors LLC, Bank of America Corp DE, Coronation Fund Managers Ltd., and NINE MASTS CAPITAL Ltd.

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

One share of INFY stock can currently be purchased for approximately $13.50.

Infosys has a market capitalization of $57.26 billion and generates $12.78 billion in revenue each year. The technology company earns $2.33 billion in net income (profit) each year or $0.55 on an earnings per share basis. Infosys employs 242,371 workers across the globe.

The official website for Infosys is www.infosys.com.

Infosys' mailing address is ELECTRONICS CITY HOSUR ROAD, BANGALORE K7, 560100. The technology company can be reached via phone at 91-80-2852-0261 or via email at [email protected]