Infosys (INFY) Stock Forecast, Price Target & Predictions
INFY Stock Forecast
Infosys stock forecast is as follows: an average price target of $25.00 (represents a 14.05% upside from INFY’s last price of $21.92) and a rating consensus of 'Hold', based on 10 wall street analysts offering a 1-year stock forecast.
INFY Price Target
The average price target for Infosys (INFY) is $25.00 based on 1-year price targets from 10 Wall Street analysts in the past 3 months, with a price target range of $25.00 to $25.00. This represents a potential 14.05% upside from INFY's last price of $21.92.
INFY Analyst Ratings
According to 10 Wall Street analysts, Infosys's rating consensus is 'Hold'. The analyst rating breakdown for INFY stock is 0 'Strong Buy' (0.00%), 3 'Buy' (30.00%), 5 'Hold' (50.00%), 2 'Sell' (20.00%), 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 |
|---|---|---|---|---|---|---|
| Oct 18, 2024 | Keith Bachman | BMO Capital | $25.00 | $22.66 | 10.33% | 14.05% |
| Jul 19, 2024 | Keith Bachman | BMO Capital | $23.00 | $21.68 | 6.09% | 4.93% |
| Apr 22, 2024 | Hazim Bahari | CFRA | $20.00 | $17.30 | 15.61% | -8.76% |
| Apr 19, 2024 | James Friedman | Susquehanna | $14.00 | $16.51 | -15.20% | -36.13% |
| Apr 19, 2024 | Yogesh Aggarwal | HSBC | $20.10 | $16.51 | 21.74% | -8.30% |
| Apr 19, 2024 | Sumeet Jain | Goldman Sachs | $19.90 | $16.51 | 20.53% | -9.22% |
| Apr 18, 2024 | Keith Bachman | BMO Capital | $18.00 | $16.51 | 9.02% | -17.88% |
| Mar 18, 2024 | Jonathan Lee | Guggenheim | $20.00 | $19.17 | 4.33% | -8.76% |
| Oct 12, 2023 | Moshe Katri | Wedbush | $22.00 | $17.61 | 24.93% | 0.36% |
| Jan 13, 2023 | Keith Bachman | BMO Capital | $21.00 | $18.36 | 14.38% | -4.20% |
| Oct 14, 2022 | Keith Bachman | BMO Capital | $20.00 | $17.93 | 11.58% | -8.76% |
| Jul 25, 2022 | Wedbush | $25.00 | $18.50 | 35.17% | 14.05% | |
| Jan 31, 2022 | Moshe Katri | Wedbush | $30.00 | $23.57 | 27.28% | 36.86% |
| Jan 17, 2022 | Keith Bachman | BMO Capital | $28.00 | $26.20 | 6.87% | 27.74% |
| Jul 01, 2021 | Akshat Agarwal | Jefferies | $23.60 | $20.80 | 13.46% | 7.66% |
The latest Infosys stock forecast, released on Oct 18, 2024 by Keith Bachman from BMO Capital, set a price target of $25.00, which represents a 10.33% increase from the stock price at the time of the forecast ($22.66), and a 14.05% increase from INFY last price ($21.92).
Infosys Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 8 |
| Avg Price Target | - | $25.00 | $20.00 |
| Last Closing Price | $21.92 | $21.92 | $21.92 |
| Upside/Downside | -100.00% | 14.05% | -8.76% |
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 $21.92. 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 |
|---|---|---|---|---|
| Oct 18, 2024 | BMO Capital | Market Perform | Market Perform | Hold |
| Oct 02, 2024 | Investec | Sell | Downgrade | |
| 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 |
| Mar 19, 2024 | Wedbush | Market Perform | Market Perform | Hold |
| Oct 12, 2023 | Cowen & Co. | Market Perform | Market Perform | Hold |
| Oct 12, 2023 | Wedbush | Outperform | Outperform | Hold |
| Oct 12, 2023 | Susquehanna | Positive | Negative | Downgrade |
| Oct 12, 2023 | BMO Capital | Market Perform | Market Perform | Hold |
| Apr 16, 2023 | Macquarie | Neutral | Downgrade | |
| Jan 13, 2023 | BMO Capital | Market Perform | Market Perform | Hold |
| Oct 14, 2022 | BMO Capital | Market Perform | Market Perform | Hold |
| Sep 13, 2022 | Goldman Sachs | Sell | Downgrade | |
| Jul 26, 2022 | BMO Capital | Market Perform | Market Perform | Hold |
| Jul 25, 2022 | Wedbush | Outperform | Outperform | Hold |
| Apr 26, 2022 | Susquehanna | Neutral | Positive | Upgrade |
| Jan 31, 2022 | Wedbush | Outperform | Outperform | Hold |
| Jan 17, 2022 | BMO Capital | Market Perform | Market Perform | Hold |
| Jan 10, 2022 | Susquehanna | Neutral | Upgrade |
Infosys's last stock rating was published by BMO Capital on Oct 18, 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 | $6.13B | $6.01B | $5.91B | $5.76B | $5.25B | $5.24B | $5.20B | $5.04B | $4.91B | $4.88B | $4.87B | $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 | $6.31B | $6.18B | $6.08B | $5.93B | $5.40B | $5.39B | $5.35B | $5.19B | $4.98B | $4.92B | $4.88B | $4.66B | $4.61B | $4.80B | $4.76B | $4.73B | $4.87B | $4.70B | $4.50B | $4.31B | $4.33B | $4.14B | $3.94B | $3.71B | $3.62B | $3.43B | $3.26B | $3.00B | $3.12B | $3.24B |
| Low Forecast | $6.00B | $5.88B | $5.78B | $5.64B | $5.13B | $5.13B | $5.09B | $4.94B | $4.83B | $4.82B | $4.86B | $4.66B | $4.61B | $4.47B | $4.53B | $4.49B | $4.63B | $4.54B | $4.50B | $4.31B | $4.33B | $4.14B | $3.94B | $3.71B | $3.62B | $3.43B | $3.26B | $3.00B | $3.12B | $3.24B |
| # Analysts | 3 | 3 | 3 | 4 | 5 | 4 | 5 | 2 | 7 | 10 | 9 | 3 | 3 | 6 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 9 | 9 | 9 | 9 | 5 |
| 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 $4.49B, and a high forecast of $4.73B. 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 | 4 | 5 | 4 | 5 | 2 | 7 | 10 | 9 | 3 | 3 | 6 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 9 | 9 | 9 | 9 | 5 |
| 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 | $1.56B | $1.53B | $1.51B | $1.47B | $1.34B | $1.34B | $1.33B | $1.29B | $1.25B | $1.24B | $1.24B | $1.19B | $1.43B | $1.19B | $1.18B | $1.17B | $1.30B | $1.23B | $1.14B | $1.09B | $1.18B | $1.05B | $998.39M | $940.90M | $1.07B | $868.79M | $827.58M | $759.85M | $859.00M | $820.97M |
| High Forecast | $1.61B | $1.58B | $1.55B | $1.51B | $1.38B | $1.38B | $1.36B | $1.32B | $1.27B | $1.25B | $1.24B | $1.19B | $1.71B | $1.22B | $1.21B | $1.21B | $1.56B | $1.47B | $1.14B | $1.09B | $1.42B | $1.05B | $998.39M | $940.90M | $1.29B | $868.79M | $827.58M | $759.85M | $1.03B | $820.97M |
| Low Forecast | $1.53B | $1.50B | $1.47B | $1.44B | $1.31B | $1.31B | $1.30B | $1.26B | $1.23B | $1.23B | $1.24B | $1.19B | $1.14B | $1.14B | $1.15B | $1.15B | $1.04B | $980.63M | $1.14B | $1.09B | $944.00M | $1.05B | $998.39M | $940.90M | $858.40M | $868.79M | $827.58M | $759.85M | $687.20M | $820.97M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.74% | 0.88% | 0.86% | 0.99% | 0.83% | 1.13% | 1.13% | 1.16% | 1.00% | 1.24% | 1.24% | 1.14% | 1.00% | 1.13% |
3 analysts predict INFY's average Quarter EBITDA for Jun 23 to be $1.17B, with a high of $1.21B and a low of $1.15B. This is 22.41% 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 | 4 | 5 | 4 | 5 | 2 | 7 | 10 | 9 | 3 | 3 | 6 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 9 | 9 | 9 | 9 | 5 |
| 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 | $1.08B | $1.05B | $993.46M | $973.17M | $851.10M | $874.33M | $855.11M | $818.88M | $785.14M | $786.73M | $794.79M | $739.74M | $957.81M | $729.85M | $742.12M | $735.53M | $870.74M | $801.32M | $727.70M | $715.21M | $791.58M | $751.47M | $695.72M | $695.92M | $697.00M | $656.72M | $580.56M | $495.32M | $590.00M | $572.35M |
| High Forecast | $1.12B | $1.09B | $1.03B | $1.01B | $883.33M | $907.41M | $887.46M | $849.87M | $814.87M | $816.50M | $797.53M | $739.99M | $1.15B | $772.79M | $770.21M | $763.38M | $1.04B | $961.58M | $727.70M | $715.21M | $949.89M | $751.47M | $695.72M | $695.92M | $836.40M | $656.72M | $580.56M | $495.32M | $708.00M | $572.35M |
| Low Forecast | $1.05B | $1.02B | $965.57M | $945.85M | $827.22M | $849.79M | $831.10M | $795.89M | $743.83M | $747.39M | $792.05M | $739.50M | $766.25M | $709.36M | $721.30M | $714.88M | $696.59M | $641.05M | $727.70M | $715.21M | $633.26M | $751.47M | $695.72M | $695.92M | $557.60M | $656.72M | $580.56M | $495.32M | $472.00M | $572.35M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.85% | 1.00% | 1.03% | 0.96% | 0.95% | 1.03% | 1.05% | 1.01% | 1.00% | 1.07% | 1.12% | 1.13% | 1.00% | 1.09% |
Infosys's average Quarter net income forecast for Jun 23 is $735.53M, with a range of $714.88M to $763.38M. INFY's average Quarter net income forecast represents a -1.14% decrease 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 | 4 | 5 | 4 | 5 | 2 | 7 | 10 | 9 | 3 | 3 | 6 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 9 | 9 | 9 | 9 | 5 |
| 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 | $580.02M | $568.64M | $559.14M | $545.50M | $496.64M | $496.04M | $492.07M | $477.38M | $465.13M | $461.64M | $460.61M | $441.34M | $462.35M | $440.41M | $438.05M | $434.73M | $420.32M | $368.56M | $384.83M | $368.68M | $382.11M | $354.04M | $336.52M | $317.14M | $187.00M | $292.83M | $278.94M | $256.12M | $188.00M | $276.71M |
| High Forecast | $596.90M | $585.20M | $575.41M | $561.38M | $511.09M | $510.49M | $506.39M | $491.28M | $471.78M | $465.38M | $461.65M | $441.39M | $554.82M | $453.87M | $450.80M | $447.38M | $504.38M | $442.28M | $384.83M | $368.68M | $458.53M | $354.04M | $336.52M | $317.14M | $224.40M | $292.83M | $278.94M | $256.12M | $225.60M | $276.71M |
| Low Forecast | $567.49M | $556.37M | $547.07M | $533.72M | $485.91M | $485.34M | $481.44M | $467.07M | $457.54M | $456.02M | $459.56M | $441.29M | $369.88M | $423.10M | $428.59M | $425.34M | $336.25M | $294.85M | $384.83M | $368.68M | $305.68M | $354.04M | $336.52M | $317.14M | $149.60M | $292.83M | $278.94M | $256.12M | $150.40M | $276.71M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.03% | 1.02% | 1.06% | 1.00% | 0.95% | 1.01% | 1.01% | 1.05% | 1.00% | 1.19% | 1.08% | 1.14% | 1.00% | 1.35% |
Infosys's average Quarter SG&A projection for Jun 23 is $434.73M, based on 3 Wall Street analysts, with a range of $425.34M to $447.38M. The forecast indicates a 0.40% rise 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 | 4 | 5 | 4 | 5 | 2 | 7 | 10 | 9 | 3 | 3 | 6 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 9 | 9 | 9 | 9 | 5 |
| 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 | $0.26 | $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 | $0.27 | $0.25 | $0.25 | $0.22 | $0.22 | $0.22 | $0.21 | $0.20 | $0.20 | $0.20 | $0.18 | $0.18 | $0.19 | $0.19 | $0.19 | $0.20 | $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 |
| Low Forecast | $0.26 | $0.25 | $0.24 | $0.23 | $0.20 | $0.21 | $0.20 | $0.19 | $0.18 | $0.18 | $0.19 | $0.18 | $0.18 | $0.17 | $0.18 | $0.17 | $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 |
| 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 $0.17 and a high estimate of $0.19. 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 | $4.47 | $13.63 | 204.92% | Hold |
| CLVT | Clarivate | $5.08 | $14.33 | 182.09% | Buy |
| CDW | CDW | $174.04 | $245.00 | 40.77% | Buy |
| CACI | CACI | $404.06 | $529.33 | 31.00% | Buy |
| WNS | WNS | $47.39 | $58.33 | 23.09% | Buy |
| FIS | Fidelity National Information Services | $80.77 | $95.00 | 17.62% | Buy |
| JKHY | Jack Henry & Associates | $175.30 | $200.50 | 14.38% | Buy |
| INFY | Infosys | $21.92 | $25.00 | 14.05% | Hold |
| IT | Gartner | $484.47 | $545.75 | 12.65% | Hold |
| CTSH | Cognizant Technology Solutions | $76.90 | $82.29 | 7.01% | Hold |
| IBM | International Business Machines | $219.83 | $227.32 | 3.41% | Hold |
| BR | Broadridge Financial Solutions | $226.09 | $230.00 | 1.73% | Hold |
| EPAM | EPAM Systems | $233.82 | $237.00 | 1.36% | Buy |
| EXLS | ExlService | $44.38 | $39.00 | -12.12% | Buy |