Infosys Stock Forecast, Price & News

Infosys' stock was trading at $8.90 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, INFY stock has increased by 67.6% and is now trading at $14.92.
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12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Infosys in the last year. There are currently 1 sell rating, 3 hold ratings, 7 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Infosys.

Wall Street analysts have given Infosys a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's winning trading ideas this year have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Infosys wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
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Infosys is scheduled to release its next quarterly earnings announcement on Friday, January 8th 2021.
View our earnings forecast for Infosys.

Infosys Limited (NYSE:INFY) announced its earnings results on Wednesday, October, 14th. The technology company reported $0.15 earnings per share for the quarter, topping the consensus estimate of $0.14 by $0.01. The technology company earned $3.31 billion during the quarter, compared to the consensus estimate of $3.23 billion. Infosys had a return on equity of 27.14% and a net margin of 18.85%. During the same period in the prior year, the business earned $0.13 EPS.
View Infosys' earnings history.

Infosys announced a semi-annual dividend on Monday, October 19th. Investors of record on Friday, January 1st will be paid a dividend of $0.1359 per share on Friday, October 23rd. This represents a dividend yield of 1.6%. The ex-dividend date is Friday, October 23rd. This is a boost from Infosys's previous semi-annual dividend of $0.10.
View Infosys' dividend history.

Shares of Infosys split before market open on 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 market closes 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 issued an update on its FY 2021 Pre-Market earnings guidance on Wednesday, October, 14th. The company provided EPS guidance of for the period. The company issued revenue guidance of $13.036-13.163 billion, compared to the consensus revenue estimate of $13.06 billion.

12 equities research analysts have issued 1-year target prices for Infosys' stock. Their forecasts range from $9.00 to $18.00. On average, they anticipate Infosys' stock price to reach $12.81 in the next year. This suggests that the stock has a possible downside of 14.2%.
View analysts' price targets for Infosys.

Infosys saw a drop in short interest during the month of October. As of October 30th, there was short interest totaling 38,480,000 shares, a drop of 17.2% from the October 15th total of 46,470,000 shares. Based on an average daily trading volume, of 9,240,000 shares, the short-interest ratio is currently 4.2 days. Currently, 0.9% of the company's shares are short sold.
View Infosys' Short Interest.

Some companies that are related to Infosys include Cognizant Technology Solutions (CTSH), Wipro (WIT), VeriSign (VRSN), Zscaler (ZS), NTT DATA (NTDTY), EPAM Systems (EPAM), OBIC Co.,Ltd. (OBIIF), Aspen Technology (AZPN), Amdocs (DOX), GEMALTO NV/S (GTOMY), Sogou (SOGO), Endava (DAVA), PROS (PRO), Glu Mobile (GLUU) 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), Tata Motors (TTM), The 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 a number of institutional and retail investors. Top institutional investors include JPMorgan Chase & Co. (1.23%), Fisher Asset Management LLC (0.64%), Massachusetts Financial Services Co. MA (0.54%), Genesis Investment Management LLP (0.48%), Sustainable Growth Advisers LP (0.41%) and State Street Corp (0.40%).

INFY stock was sold by a variety of institutional investors in the last quarter, including Genesis Investment Management LLP, Morgan Stanley, UBS Asset Management Americas Inc., Sustainable Growth Advisers LP, Sprucegrove Investment Management Ltd., Schonfeld Strategic Advisors LLC, First Trust Advisors LP, and Seafarer Capital Partners LLC.

INFY stock was bought by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Ashmore Group plc, Massachusetts Financial Services Co. MA, AQR Capital Management LLC, Origin Asset Management LLP, Arrowstreet Capital Limited Partnership, Acadian Asset Management LLC, and Victory Capital Management Inc..

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 $14.92.

Infosys has a market capitalization of $63.30 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]