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Infosys (INFY) Stock Forecast & Price Target

$17.03
-0.29 (-1.67%)
(As of 04:32 PM ET)

Infosys - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Hold
Based on 11 Analyst Ratings

Consensus Price Target

$19.27
13.16% Upside
High Forecast$24.00
Average Forecast$19.27
Low Forecast$14.00
TypeCurrent Forecast
5/30/23 to 5/29/24
1 Month Ago
4/30/23 to 4/29/24
3 Months Ago
3/1/23 to 2/29/24
1 Year Ago
5/30/22 to 5/30/23
Consensus Rating
Hold
Hold
Hold
Hold
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
6 Buy rating(s)
6 Buy rating(s)
5 Buy rating(s)
3 Buy rating(s)
Hold
4 Hold rating(s)
4 Hold rating(s)
6 Hold rating(s)
9 Hold rating(s)
Sell
1 Sell rating(s)
1 Sell rating(s)
0 Sell rating(s)
2 Sell rating(s)
Consensus Price Target$19.27$19.27$20.95$18.57
Forecasted Upside13.16% Upside7.71% Upside10.24% Upside8.32% Upside
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INFY Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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INFY Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Infosys Stock vs. The Competition

TypeInfosysComputer and Technology CompaniesS&P 500
Consensus Rating Score
2.45
2.59
2.49
Consensus RatingHoldModerate BuyHold
Predicted Upside11.20% Upside191.69% Upside10.85% Upside
News Sentiment RatingNeutral News
Positive News
Positive News

Recent Analyst Forecasts and Stock Ratings

DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
4/19/2024BMO Capital Markets
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 Lower TargetMarket Perform ➝ Market Perform$21.00 ➝ $18.00+7.08%
4/19/2024Susquehanna
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 Lower TargetNegative ➝ Negative$15.00 ➝ $14.00-15.23%
4/19/2024HSBC
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 Reiterated RatingBuy ➝ Hold$20.10+21.71%
4/9/2024Bank of America
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 UpgradeNeutral ➝ Buy
3/19/2024Guggenheim
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 Initiated CoverageNeutral$20.00+4.33%
3/13/2024Wedbush
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 Reiterated RatingOutperform ➝ Outperform$22.00+14.76%
1/17/2024BNP Paribas
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 Initiated CoverageOutperform$24.00+23.27%
1/3/2024UBS Group
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 UpgradeNeutral ➝ Buy
1/3/2024JPMorgan Chase & Co.
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 UpgradeNeutral ➝ Overweight
9/8/2023Nomura
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 UpgradeReduce ➝ Neutral
8/22/2023The Goldman Sachs Group
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 Initiated CoverageBuy
4/16/2023Macquarie
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 DowngradeOutperform ➝ Neutral
4/14/2023Credit Suisse Group
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 DowngradeOutperform ➝ Neutral
4/13/2023Citigroup
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 DowngradeBuy ➝ Neutral
10/14/2022Cowen
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 Lower TargetMarket Perform$19.00 ➝ $18.00-0.28%
10/14/2022Investec
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 UpgradeHold ➝ Buy
9/16/2022Susquehanna Bancshares
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 DowngradeNeutral$29.00 ➝ $20.00+12.42%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Wednesday at 05:18 PM ET.

INFY Frequently Asked Questions

What is Infosys's stock forecast and purchase recommendation?

According to the research reports of 11 Wall Street equities research analysts, the average twelve-month stock price forecast for Infosys is $19.27, with a high forecast of $24.00 and a low forecast of $14.00. The consensus rating for Infosys stock is Hold based on the current 1 sell rating, 4 hold ratings and 6 buy ratings for INFY. Learn more on INFY's analyst rating history.

Do Wall Street analysts like Infosys more than its competitors?

Analysts like Infosys less than other "computer and technology" companies. The consensus rating for Infosys is Hold while the average consensus rating for "computer and technology" companies is Moderate Buy. Learn more on how INFY compares to other companies.

Is Infosys being upgraded by Wall Street analysts?

Over the previous 90 days, Infosys's stock had 2 upgrades by analysts.

Does Infosys's stock price have much upside?

According to analysts, Infosys's stock has a predicted upside of 7.71% based on their 12-month stock forecasts.

What analysts cover Infosys?

Infosys has been rated by research analysts at Bank of America, BMO Capital Markets, Guggenheim, HSBC, Susquehanna, and Wedbush in the past 90 days.


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This page (NYSE:INFY) was last updated on 5/29/2024 by MarketBeat.com Staff

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