Infosys (INFY) Stock Forecast, Price Target & Predictions
INFY Stock Forecast
Infosys stock forecast is as follows: an average price target of $20.33 (represents a -12.37% downside from INFY’s last price of $23.20) and a rating consensus of 'Hold', based on 9 wall street analysts offering a 1-year stock forecast.
INFY Price Target
The average price target for Infosys (INFY) is $20.33 based on 1-year price targets from 9 Wall Street analysts in the past 3 months, with a price target range of $23.60 to $14.00. This represents a potential -12.37% downside from INFY's last price of $23.20.
INFY Analyst Ratings
According to 9 Wall Street analysts, Infosys's rating consensus is 'Hold'. The analyst rating breakdown for INFY stock is 0 'Strong Buy' (0.00%), 3 'Buy' (33.33%), 5 'Hold' (55.56%), 1 'Sell' (11.11%), and 0 'Strong Sell' (0.00%).
Infosys Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Jul 19, 2024 | Keith Bachman | BMO Capital | $23.00 | $21.68 | 6.09% | -0.86% |
| Apr 22, 2024 | Hazim Bahari | CFRA | $20.00 | $17.30 | 15.61% | -13.79% |
| Apr 19, 2024 | James Friedman | Susquehanna | $14.00 | $16.51 | -15.20% | -39.66% |
| Apr 19, 2024 | Yogesh Aggarwal | HSBC | $20.10 | $16.51 | 21.74% | -13.36% |
| Apr 19, 2024 | Sumeet Jain | Goldman Sachs | $19.90 | $16.51 | 20.53% | -14.22% |
| Apr 18, 2024 | Keith Bachman | BMO Capital | $18.00 | $16.51 | 9.02% | -22.41% |
| Mar 18, 2024 | Jonathan Lee | Guggenheim | $20.00 | $19.17 | 4.33% | -13.79% |
| Oct 12, 2023 | Moshe Katri | Wedbush | $22.00 | $17.61 | 24.93% | -5.17% |
| Jan 13, 2023 | Keith Bachman | BMO Capital | $21.00 | $18.36 | 14.38% | -9.48% |
| Oct 14, 2022 | Keith Bachman | BMO Capital | $20.00 | $17.93 | 11.58% | -13.79% |
The latest Infosys stock forecast, released on Jul 19, 2024 by Keith Bachman from BMO Capital, set a price target of $23.00, which represents a 6.09% increase from the stock price at the time of the forecast ($21.68), and a -0.86% decrease from INFY last price ($23.20).
Infosys Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 8 |
| Avg Price Target | - | $23.00 | $19.63 |
| Last Closing Price | $23.20 | $23.20 | $23.20 |
| Upside/Downside | -100.00% | -0.86% | -15.39% |
In the current month, the average price target of Infosys stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Infosys's last price of $23.20. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Jul 19, 2024 | BMO Capital | Market Perform | Market Perform | Hold |
| Apr 19, 2024 | Wedbush | Hold | Hold | Hold |
| Apr 19, 2024 | Susquehanna | Negative | Negative | Hold |
| Apr 19, 2024 | Cowen & Co. | Hold | Hold | Hold |
| Apr 19, 2024 | HSBC | Buy | Hold | Downgrade |
| Apr 19, 2024 | Goldman Sachs | Buy | Buy | Hold |
| Apr 18, 2024 | BMO Capital | Market Perform | Market Perform | Hold |
| Apr 09, 2024 | Bank of America Securities | - | Buy | Upgrade |
| Apr 01, 2024 | HSBC | - | Buy | Upgrade |
| Apr 01, 2024 | Morgan Stanley | Overweight | Overweight | Hold |
Infosys's last stock rating was published by BMO Capital on Jul 19, 2024. The company gave INFY a "Market Perform" rating, the same as its previous rate.
Infosys Financial Forecast
Infosys Revenue Forecast
| Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $4.55B | $4.66B | $4.55B | $4.44B | $4.28B | $4.25B | $4.00B | $3.78B | $3.61B | $3.52B | $3.31B | $3.12B | $3.20B | $3.24B |
| Avg Forecast | $6.02B | $5.91B | $5.81B | $5.67B | $5.14B | $5.15B | $5.11B | $4.98B | $4.88B | $4.88B | $4.84B | $4.66B | $4.61B | $4.65B | $4.63B | $4.59B | $4.73B | $4.61B | $4.50B | $4.31B | $4.33B | $4.14B | $3.94B | $3.71B | $3.62B | $3.43B | $3.26B | $3.00B | $3.12B | $3.24B |
| High Forecast | $6.06B | $5.94B | $5.84B | $5.70B | $5.17B | $5.18B | $5.14B | $5.01B | $4.91B | $4.91B | $4.91B | $4.69B | $4.64B | $4.80B | $4.66B | $4.62B | $4.76B | $4.64B | $4.53B | $4.31B | $4.48B | $4.29B | $4.07B | $3.84B | $3.74B | $3.55B | $3.38B | $3.10B | $3.23B | $3.35B |
| Low Forecast | $5.95B | $5.83B | $5.74B | $5.60B | $5.07B | $5.08B | $5.04B | $4.92B | $4.82B | $4.82B | $4.78B | $4.61B | $4.55B | $4.47B | $4.57B | $4.54B | $4.67B | $4.55B | $4.45B | $4.31B | $4.04B | $3.86B | $3.67B | $3.46B | $3.37B | $3.19B | $3.04B | $2.79B | $2.91B | $3.02B |
| # Analysts | 3 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 6 | 3 | 3 | 6 | 3 | 3 | 3 | 4 | 4 | 2 | 2 | 3 | 3 | 6 | 3 | 3 | 3 | 3 | 4 | 3 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.96% | 1.01% | 1.01% | 1.03% | 0.99% | 1.03% | 1.02% | 1.02% | 1.00% | 1.03% | 1.01% | 1.04% | 1.02% | 1.00% |
Infosys's average Quarter revenue forecast for Jun 23 based on 3 analysts is $4.59B, with a low forecast of $4.54B, and a high forecast of $4.62B. INFY's average Quarter revenue forecast represents a 0.87% increase compared to the company's last Quarter revenue of $4.55B (Mar 23).
Infosys EBITDA Forecast
| Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 6 | 3 | 3 | 6 | 3 | 3 | 3 | 4 | 4 | 2 | 2 | 3 | 3 | 6 | 3 | 3 | 3 | 3 | 4 | 3 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $957.00M | $1.08B | $979.00M | $1.09B | $983.00M | $1.18B | $1.13B | $1.09B | $1.07B | $1.08B | $1.03B | $865.00M | $859.00M | $929.00M |
| Avg Forecast | $1.53B | $1.50B | $1.47B | $1.44B | $1.30B | $1.31B | $1.29B | $1.26B | $1.24B | $1.24B | $1.23B | $1.18B | $1.43B | $1.18B | $1.17B | $1.16B | $1.30B | $1.17B | $1.24B | $1.09B | $1.18B | $1.11B | $1.13B | $1.09B | $1.07B | $936.00M | $955.50M | $792.92M | $859.00M | $862.64M |
| High Forecast | $1.54B | $1.51B | $1.48B | $1.45B | $1.31B | $1.31B | $1.30B | $1.27B | $1.24B | $1.24B | $1.25B | $1.19B | $1.71B | $1.22B | $1.18B | $1.17B | $1.56B | $1.18B | $1.49B | $1.09B | $1.42B | $1.34B | $1.35B | $1.31B | $1.29B | $1.12B | $1.15B | $951.50M | $1.03B | $1.04B |
| Low Forecast | $1.51B | $1.48B | $1.45B | $1.42B | $1.29B | $1.29B | $1.28B | $1.25B | $1.22B | $1.22B | $1.21B | $1.17B | $1.14B | $1.13B | $1.16B | $1.15B | $1.04B | $1.15B | $990.88M | $1.09B | $944.00M | $891.48M | $900.80M | $873.60M | $858.40M | $748.80M | $764.40M | $634.33M | $687.20M | $690.11M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.74% | 0.92% | 0.79% | 0.99% | 0.83% | 1.06% | 1.00% | 1.00% | 1.00% | 1.15% | 1.08% | 1.09% | 1.00% | 1.08% |
3 analysts predict INFY's average Quarter EBITDA for Jun 23 to be $1.16B, with a high of $1.17B and a low of $1.15B. This is 21.70% upper than Infosys's previous annual EBITDA (Mar 23) of $957.00M.
Infosys Net Income Forecast
| Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 6 | 3 | 3 | 6 | 3 | 3 | 3 | 4 | 4 | 2 | 2 | 3 | 3 | 6 | 3 | 3 | 3 | 3 | 4 | 3 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $744.00M | $800.00M | $748.00M | $689.00M | $752.00M | $776.00M | $733.00M | $704.00M | $697.00M | $705.00M | $653.00M | $558.00M | $590.00M | $626.00M |
| Avg Forecast | $1.10B | $1.07B | $1.01B | $997.11M | $867.49M | $862.47M | $855.25M | $827.75M | $793.24M | $793.49M | $800.41M | $750.35M | $957.81M | $740.31M | $752.75M | $746.07M | $870.74M | $784.32M | $806.30M | $714.69M | $791.58M | $728.47M | $733.00M | $704.00M | $697.00M | $611.00M | $606.36M | $511.50M | $590.00M | $581.29M |
| High Forecast | $1.11B | $1.08B | $1.02B | $1.01B | $874.66M | $869.60M | $862.30M | $834.59M | $799.79M | $800.04M | $807.01M | $756.53M | $1.15B | $783.86M | $758.97M | $752.21M | $1.04B | $790.79M | $967.56M | $714.69M | $949.89M | $874.16M | $879.60M | $844.80M | $836.40M | $733.20M | $727.63M | $613.80M | $708.00M | $697.54M |
| Low Forecast | $1.08B | $1.05B | $997.36M | $980.98M | $853.47M | $848.53M | $841.44M | $814.35M | $780.42M | $780.67M | $787.47M | $738.23M | $766.25M | $728.32M | $740.60M | $734.00M | $696.59M | $771.63M | $645.04M | $714.69M | $633.26M | $582.78M | $586.40M | $563.20M | $557.60M | $488.80M | $485.09M | $409.20M | $472.00M | $465.03M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.85% | 1.02% | 0.93% | 0.96% | 0.95% | 1.07% | 1.00% | 1.00% | 1.00% | 1.15% | 1.08% | 1.09% | 1.00% | 1.08% |
Infosys's average Quarter net income forecast for Jun 23 is $746.07M, with a range of $734.00M to $752.21M. INFY's average Quarter net income forecast represents a 0.28% increase compared to the company's last Quarter net income of $744.00M (Mar 23).
Infosys SG&A Forecast
| Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 6 | 3 | 3 | 6 | 3 | 3 | 3 | 4 | 4 | 2 | 2 | 3 | 3 | 6 | 3 | 3 | 3 | 3 | 4 | 3 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $433.00M | $376.00M | $406.00M | $368.00M | $363.00M | $356.00M | $340.00M | $334.00M | $187.00M | $348.00M | $302.00M | $291.00M | $188.00M | $373.00M |
| Avg Forecast | $514.83M | $504.74M | $496.30M | $484.20M | $439.02M | $439.96M | $436.44M | $425.40M | $416.78M | $416.88M | $413.77M | $398.53M | $462.35M | $397.69M | $395.55M | $392.56M | $420.32M | $394.16M | $374.00M | $368.68M | $382.11M | $335.06M | $340.00M | $334.00M | $187.00M | $301.60M | $280.43M | $266.75M | $188.00M | $346.36M |
| High Forecast | $518.10M | $507.94M | $499.45M | $487.27M | $441.81M | $442.75M | $439.21M | $428.10M | $419.43M | $419.53M | $419.77M | $401.05M | $554.82M | $409.85M | $398.06M | $395.05M | $504.38M | $396.66M | $448.80M | $368.68M | $458.53M | $402.07M | $408.00M | $400.80M | $224.40M | $361.92M | $336.51M | $320.10M | $225.60M | $415.63M |
| Low Forecast | $508.43M | $498.46M | $490.13M | $478.18M | $433.56M | $434.49M | $431.01M | $420.11M | $411.60M | $411.70M | $408.63M | $393.57M | $369.88M | $382.06M | $390.64M | $387.68M | $336.25M | $389.26M | $299.20M | $368.68M | $305.68M | $268.05M | $272.00M | $267.20M | $149.60M | $241.28M | $224.34M | $213.40M | $150.40M | $277.09M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.03% | 0.95% | 1.09% | 1.00% | 0.95% | 1.06% | 1.00% | 1.00% | 1.00% | 1.15% | 1.08% | 1.09% | 1.00% | 1.08% |
Infosys's average Quarter SG&A projection for Jun 23 is $392.56M, based on 3 Wall Street analysts, with a range of $387.68M to $395.05M. The forecast indicates a -9.34% fall compared to INFY last annual SG&A of $433.00M (Mar 23).
Infosys EPS Forecast
| Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 6 | 3 | 3 | 6 | 3 | 3 | 3 | 4 | 4 | 2 | 2 | 3 | 3 | 6 | 3 | 3 | 3 | 3 | 4 | 3 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.18 | $0.19 | $0.18 | $0.16 | $0.18 | $0.19 | $0.17 | $0.17 | $0.16 | $0.17 | $0.15 | $0.13 | $0.14 | $0.15 |
| Avg Forecast | $0.27 | $0.26 | $0.24 | $0.24 | $0.21 | $0.21 | $0.21 | $0.20 | $0.19 | $0.19 | $0.19 | $0.18 | $0.18 | $0.18 | $0.18 | $0.18 | $0.19 | $0.19 | $0.18 | $0.17 | $0.19 | $0.18 | $0.17 | $0.17 | $0.16 | $0.16 | $0.14 | $0.12 | $0.13 | $0.14 |
| High Forecast | $0.27 | $0.26 | $0.25 | $0.24 | $0.21 | $0.21 | $0.21 | $0.20 | $0.19 | $0.19 | $0.19 | $0.18 | $0.18 | $0.19 | $0.18 | $0.18 | $0.19 | $0.19 | $0.18 | $0.17 | $0.20 | $0.19 | $0.18 | $0.18 | $0.17 | $0.17 | $0.15 | $0.12 | $0.14 | $0.14 |
| Low Forecast | $0.26 | $0.25 | $0.24 | $0.24 | $0.21 | $0.20 | $0.20 | $0.20 | $0.19 | $0.19 | $0.19 | $0.18 | $0.18 | $0.18 | $0.18 | $0.18 | $0.19 | $0.19 | $0.17 | $0.17 | $0.17 | $0.17 | $0.15 | $0.15 | $0.15 | $0.14 | $0.13 | $0.11 | $0.12 | $0.13 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.93% | 1.00% | 1.03% | 0.93% | 0.95% | 1.05% | 1.01% | 1.01% | 0.99% | 1.07% | 1.07% | 1.09% | 1.05% | 1.09% |
According to 3 Wall Street analysts, Infosys's projected average Quarter EPS for Jun 23 is $0.18, with a low estimate of $0.18 and a high estimate of $0.18. This represents a -0.08% decrease compared to INFY previous annual EPS of $0.18 (Mar 23).
Infosys Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| TWKS | Thoughtworks | $4.40 | $13.63 | 209.77% | Hold |
| CLVT | Clarivate | $6.57 | $14.33 | 118.11% | Buy |
| EPAM | EPAM Systems | $201.88 | $329.18 | 63.06% | Buy |
| WNS | WNS | $57.50 | $87.17 | 51.60% | Buy |
| FIS | Fidelity National Information Services | $84.14 | $104.10 | 23.72% | Buy |
| FISV | Fiserv | $114.23 | $133.11 | 16.53% | Buy |
| JKHY | Jack Henry & Associates | $176.07 | $191.60 | 8.82% | Buy |
| CDW | CDW | $220.15 | $229.75 | 4.36% | Buy |
| CTSH | Cognizant Technology Solutions | $77.21 | $74.73 | -3.21% | Hold |
| CACI | CACI | $476.24 | $447.50 | -6.03% | Buy |
| INFY | Infosys | $23.20 | $20.33 | -12.37% | Hold |
| IBM | International Business Machines | $214.79 | $183.19 | -14.71% | Buy |
| IT | Gartner | $510.56 | $434.89 | -14.82% | Hold |
| BR | Broadridge Financial Solutions | $211.95 | $176.00 | -16.96% | Buy |
| EXLS | ExlService | $36.38 | $28.30 | -22.21% | Buy |
INFY Forecast FAQ
Is Infosys a good buy?
No, according to 9 Wall Street analysts, Infosys (INFY) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 3 'Buy' recommendations, accounting for 33.33% of INFY's total ratings.
What is INFY's price target?
Infosys (INFY) average price target is $20.33 with a range of $14 to $23.6, implying a -12.37% from its last price of $23.2. The data is based on 9 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Infosys stock go up soon?
According to Wall Street analysts' prediction for INFY stock, the company can go down by -12.37% (from the last price of $23.2 to the average price target of $20.33), up by 1.72% based on the highest stock price target, and down by -39.66% based on the lowest stock price target.
Can Infosys stock reach $30?
INFY's average twelve months analyst stock price target of $20.33 does not support the claim that Infosys can reach $30 in the near future.
What are Infosys's analysts' financial forecasts?
Infosys's analysts financial forecasts for the fiscal year (Mar 2026) are as follows: average revenue is $20.37B (high $20.5B, low $20.12B), average EBITDA is $5.16B (high $5.2B, low $5.1B), average net income is $3.41B (high $3.44B, low $3.36B), average SG&A $1.74B (high $1.75B, low $1.72B), and average EPS is $0.823 (high $0.83, low $0.809). INFY's analysts financial forecasts for the fiscal year (Mar 2027) are as follows: average revenue is $23.4B (high $23.55B, low $23.11B), average EBITDA is $5.93B (high $5.97B, low $5.86B), average net income is $4.18B (high $4.21B, low $4.11B), average SG&A $2B (high $2.01B, low $1.98B), and average EPS is $1.01 (high $1.02, low $0.991).
Did the INFY's actual financial results beat the analysts' financial forecasts?
Based on Infosys's last annual report (Mar 2023), the company's revenue was $18.21B, beating the average analysts forecast of $18.16B by 0.29%. Apple's EBITDA was $3.82B, missing the average prediction of $4.8B by -20.31%. The company's net income was $2.98B, missing the average estimation of $3.18B by -6.14%. Apple's SG&A was $1.68B, beating the average forecast of $1.56B by 7.76%. Lastly, the company's EPS was $0, missing the average prediction of $0.73 by -100.00%. In terms of the last quarterly report (Mar 2023), Infosys's revenue was $4.55B, missing the average analysts' forecast of $4.73B by -3.73%. The company's EBITDA was $957M, missing the average prediction of $1.3B by -26.27%. Infosys's net income was $744M, missing the average estimation of $870.74M by -14.56%. The company's SG&A was $433M, beating the average forecast of $420.32M by 3.02%. Lastly, the company's EPS was $0.18, missing the average prediction of $0.193 by -6.61%