Infosys (INFY) Stock Forecast, Price Target & Predictions
INFY Stock Forecast
Infosys stock forecast is as follows: an average price target of $20.58 (represents a -9.70% downside from INFY’s last price of $22.79) 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 $20.58 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 $14.00. This represents a potential -9.70% downside from INFY's last price of $22.79.
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 | - | - | 10.33% | 9.70% |
| Jul 19, 2024 | Keith Bachman | BMO Capital | - | - | 6.09% | 0.92% |
| Apr 22, 2024 | Hazim Bahari | CFRA | - | - | 15.61% | -12.24% |
| Apr 19, 2024 | James Friedman | Susquehanna | - | - | -15.20% | -38.57% |
| Apr 19, 2024 | Yogesh Aggarwal | HSBC | - | - | 21.74% | -11.80% |
| Apr 19, 2024 | Sumeet Jain | Goldman Sachs | - | - | 20.53% | -12.68% |
| Apr 18, 2024 | Keith Bachman | BMO Capital | - | - | 9.02% | -21.02% |
| Mar 18, 2024 | Jonathan Lee | Guggenheim | - | - | 4.33% | -12.24% |
| Oct 12, 2023 | Moshe Katri | Wedbush | - | - | 24.93% | -3.47% |
| Jan 13, 2023 | Keith Bachman | BMO Capital | - | - | 14.38% | -7.85% |
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 9.70% increase from INFY last price ($22.79).
Infosys Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 8 |
| Avg Price Target | - | $25.00 | $20.00 |
| Last Closing Price | $22.79 | $22.79 | $22.79 |
| Upside/Downside | -100.00% | 9.70% | -12.24% |
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 $22.79. 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 |
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 | $5.21B | $5.22B | $5.18B | $5.03B | $4.92B | $4.91B | $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 | $6.23B | $6.11B | $6.01B | $5.86B | $5.30B | $5.31B | $5.27B | $5.11B | $4.99B | $4.95B | $4.88B | $4.66B | $4.61B | $4.80B | $4.71B | $4.67B | $4.81B | $4.69B | $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 | $6.02B | $5.90B | $5.81B | $5.66B | $5.12B | $5.13B | $5.09B | $4.94B | $4.84B | $4.85B | $4.86B | $4.66B | $4.61B | $4.47B | $4.55B | $4.51B | $4.65B | $4.53B | $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 | 8 | 4 | 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 $4.51B, and a high forecast of $4.67B. 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 | 8 | 4 | 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 | $1.33B | $1.33B | $1.32B | $1.28B | $1.25B | $1.25B | $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 | $1.59B | $1.56B | $1.53B | $1.49B | $1.35B | $1.35B | $1.34B | $1.30B | $1.27B | $1.26B | $1.24B | $1.19B | $1.71B | $1.22B | $1.20B | $1.19B | $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 | $1.54B | $1.51B | $1.48B | $1.44B | $1.31B | $1.31B | $1.30B | $1.26B | $1.23B | $1.24B | $1.24B | $1.19B | $1.14B | $1.14B | $1.16B | $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 $1.19B and a low of $1.15B. This is 22.42% 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 | 8 | 4 | 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 | $786.53M | $786.69M | $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 | $1.10B | $1.07B | $1.01B | $994.23M | $869.50M | $893.22M | $873.59M | $836.58M | $803.54M | $828.08M | $797.53M | $739.99M | $1.15B | $772.79M | $758.15M | $751.44M | $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 | $1.06B | $1.03B | $971.00M | $951.21M | $831.88M | $854.58M | $835.81M | $800.39M | $745.14M | $768.94M | $792.05M | $739.50M | $766.25M | $713.37M | $725.35M | $718.93M | $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 $718.93M to $751.44M. 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 | 8 | 4 | 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 | $568.65M | $559.14M | $545.51M | $493.51M | $494.19M | $490.42M | $475.79M | $465.37M | $464.97M | $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 | $589.67M | $578.11M | $568.44M | $554.58M | $501.72M | $502.41M | $498.58M | $483.71M | $472.02M | $468.74M | $461.66M | $441.39M | $554.82M | $453.88M | $445.34M | $441.96M | $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 | $569.95M | $558.77M | $549.43M | $536.03M | $484.94M | $485.61M | $481.90M | $467.53M | $457.78M | $459.31M | $459.56M | $441.29M | $369.88M | $423.11M | $430.44M | $427.18M | $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 $427.18M to $441.96M. 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 | 8 | 4 | 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 | $0.26 | $0.25 | $0.24 | $0.21 | $0.22 | $0.21 | $0.20 | $0.20 | $0.20 | $0.20 | $0.18 | $0.18 | $0.19 | $0.19 | $0.18 | $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 | $0.20 | $0.18 | $0.19 | $0.19 | $0.18 | $0.18 | $0.17 | $0.18 | $0.18 | $0.19 | $0.18 | $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 $0.18 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 | - | - | 204.92% | Hold |
| CLVT | Clarivate | - | - | 172.95% | Buy |
| WNS | WNS | - | - | 39.93% | Buy |
| EPAM | EPAM Systems | - | - | 34.98% | Buy |
| CDW | CDW | - | - | 30.08% | Buy |
| FIS | Fidelity National Information Services | - | - | 18.18% | Buy |
| FISV | Fiserv | - | - | 16.53% | Buy |
| JKHY | Jack Henry & Associates | - | - | 11.19% | Buy |
| CACI | CACI | - | - | 5.12% | Buy |
| CTSH | Cognizant Technology Solutions | - | - | -4.60% | Hold |
| IBM | International Business Machines | - | - | -7.57% | Hold |
| INFY | Infosys | - | - | -9.70% | Hold |
| BR | Broadridge Financial Solutions | - | - | -12.81% | Hold |
| IT | Gartner | - | - | -13.42% | Hold |
| EXLS | ExlService | - | - | -29.37% | Buy |