Infosys (INFY) Stock Forecast, Price & News

13 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Infosys in the last twelve months. There are currently 2 sell ratings, 9 hold ratings and 2 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.

13 brokerages have issued 12 month price targets for Infosys' stock. Their INFY share price forecasts range from $14.00 to $22.00. On average, they anticipate the company's share price to reach $18.57 in the next twelve months. This suggests a possible upside of 16.9% 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 $18.01 at the beginning of 2023. Since then, INFY stock has decreased by 11.8% and is now trading at $15.88.
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Infosys saw a increase in short interest in May. As of May 15th, there was short interest totaling 55,120,000 shares, an increase of 40.4% from the April 30th total of 39,260,000 shares. Based on an average daily volume of 10,960,000 shares, the short-interest ratio is currently 5.0 days. Approximately 1.3% of the company's stock are short sold.
View Infosys' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Monday, July 24th 2023.
View our INFY earnings forecast.

Infosys Limited (NYSE:INFY) issued its quarterly earnings data on Thursday, April, 13th. The technology company reported $0.18 earnings per share for the quarter, missing the consensus estimate of $0.19 by $0.01. The technology company earned $4.55 billion during the quarter, compared to analyst estimates of $4.73 billion. Infosys had a net margin of 16.37% and a trailing twelve-month return on equity of 31.78%. During the same quarter last year, the company earned $0.18 EPS.

Infosys declared a semi-annual dividend on Wednesday, May 31st. Investors of record on Friday, June 2nd will be given a dividend of $0.2134 per share on Monday, July 3rd. This represents a yield of 1.5%. The ex-dividend date of this dividend 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), Matthews Emerging Markets ex China Active ETF (MEMX), OneAscent Emerging Markets ETF (OAEM) and ALPS Emerging Sector Dividend Dogs ETF (EDOG).

Infosys (NYSE:INFY) pays an annual dividend of $0.34 per share and currently has a dividend yield of 2.13%. The dividend payout ratio is 47.89%. 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 shares split on the morning of Monday, December 8th 2014. The 2-1 split was announced on Monday, November 24th 2014. The newly minted shares were distributed 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 updated its FY 2024 earnings guidance on Monday, April, 17th. The company provided EPS guidance of for the period. The company issued revenue guidance of $18.94 billion-$19.49 billion, compared to the consensus revenue estimate of $20.08 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 a variety of retail and institutional investors. Top institutional shareholders include JPMorgan Chase & Co. (1.76%), First Trust Advisors LP (0.55%), FMR LLC (0.53%), State Street Corp (0.49%), FIL Ltd (0.42%) and BlackRock Inc. (0.41%).

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 $15.88.

Infosys (NYSE:INFY) has a market capitalization of $65.69 billion and generates $18.21 billion in revenue each year. The technology company earns $2.98 billion in net income (profit) each year or $0.71 on an earnings per share basis.

The company employs 314,015 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.