NYSE:INFY

Infosys (INFY) Stock Price, News & Analysis

$17.04
-0.12 (-0.70%)
(As of 04/24/2024 ET)
Today's Range
$16.93
$17.23
50-Day Range
$16.52
$20.47
52-Week Range
$14.78
$20.74
Volume
10.69 million shs
Average Volume
9.70 million shs
Market Capitalization
$70.51 billion
P/E Ratio
22.41
Dividend Yield
2.11%
Price Target
$19.27

Infosys MarketRank™ Stock Analysis

Analyst Rating
Hold
2.45 Rating Score
Upside/​Downside
13.1% Upside
$19.27 Price Target
Short Interest
Bearish
1.16% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.27mentions of Infosys in the last 14 days
Based on 50 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
8.00%
From $0.75 to $0.81 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.58 out of 5 stars

Computer And Technology Sector

219th out of 586 stocks

Custom Computer Programming Services Industry

9th out of 22 stocks

INFY stock logo

About Infosys Stock (NYSE:INFY)

Infosys Limited, together with its subsidiaries, provides consulting, technology, outsourcing, and next-generation digital services in North America, Europe, India, and internationally. It provides application management and application development services, independent validation solutions, product engineering and management, infrastructure management services, traditional enterprise application implementation, support, and integration services. The company's products and platforms include Finacle, a core banking solution; Edge suite of products; Panaya platform, Infosys Equinox, Infosys Helix, Infosys Applied AI, Infosys Cortex, and Stater digital platforms; and Infosys McCamish, an insurance platform. It serves enterprises in the financial services and insurance, manufacturing, retail, consumer packaged goods, logistics, energy, utilities, resources, services, communications, telecom OEM, media, hi-tech, and life sciences and healthcare industries. The company has a collaboration with Microsoft to accelerate and democratize industry-wide adoption of generative AI; and strategic collaboration with Amazon Web Services Inc to deliver technology transformation and industry specific solutions to financial organizations. The company was formerly known as Infosys Technologies Limited and changed its name to Infosys Limited in June 2011. Infosys Limited was incorporated in 1981 and is headquartered in Bengaluru, India.

INFY Stock Price History

INFY Stock News Headlines

Infy narrows revenue gap with Cognizant
top AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)
AI was by far the biggest tech investing trend right now. But Ross Givens says the #1 artificial intelligence stock[/lin] is NOT Microsoft, Google, Amazon or Apple. Nope — his research is pointing to a tiny, under-the-radar stock that’s trading for just a few dollars right now… And could soon shoot to the moon, handing early investors a windfall.
Infosys (NYSE:INFY) Price Target Cut to $14.00
HSBC Reiterates Hold Rating for Infosys (NYSE:INFY)
Infosys (NYSE:INFY) PT Lowered to $18.00
Infosys (NYSE:INFY) Shares Gap Down to $16.95
top AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)
AI was by far the biggest tech investing trend right now. But Ross Givens says the #1 artificial intelligence stock[/lin] is NOT Microsoft, Google, Amazon or Apple. Nope — his research is pointing to a tiny, under-the-radar stock that’s trading for just a few dollars right now… And could soon shoot to the moon, handing early investors a windfall.
4 Analysts Have This To Say About Infosys
Infosys Sees Unusually High Options Volume (NYSE:INFY)
Q4 2024 Infosys Ltd Earnings Call Transcript
See More Headlines
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Company Calendar

Last Earnings
4/18/2024
Today
4/24/2024
Next Earnings (Estimated)
7/18/2024
Fiscal Year End
3/31/2025

Industry, Sector and Symbol

Industry
Custom computer programming services
Sub-Industry
N/A
Employees
343,234
Year Founded
1981

Price Target and Rating

Average Stock Price Target
$19.27
High Stock Price Target
$24.00
Low Stock Price Target
$14.00
Potential Upside/Downside
+13.4%
Consensus Rating
Hold
Rating Score (0-4)
2.45
Research Coverage
11 Analysts

Profitability

Net Income
$3.17 billion
Pretax Margin
23.41%

Debt

Sales & Book Value

Annual Sales
$18.55 billion
Cash Flow
$0.83 per share
Book Value
$2.56 per share

Miscellaneous

Outstanding Shares
4,139,198,000
Free Float
3,211,190,000
Market Cap
$70.37 billion
Optionable
Optionable
Beta
0.93

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Key Executives

  • Mr. Nandan M. Nilekani (Age 68)
    Co-Founder & Chairman
  • Mr. Salil Satish ParekhMr. Salil Satish Parekh (Age 60)
    MD, CEO & Director
    Comp: $3.19M
  • Mr. Nilanjan Roy ACA (Age 58)
    B.Com, Chief Financial Officer
    Comp: $614.09k
  • Mr. Anand Swaminathan
    Executive VP and Segment Head of Communication, Media & Technology
  • Ms. Inderpreet Sawhney (Age 59)
    Executive VP, Group General Counsel & Chief Compliance Officer
    Comp: $1.15M
  • Mr. Shaji Mathew (Age 53)
    Group Head of HR, Exec VP & Svc Offering Head of Fin Svcs, Healthcare, Ins and Life Sciences
    Comp: $126.84k
  • Mr. Karmesh Gul Vaswani (Age 52)
    Executive VP & Segment Head of CPG, Logistics & Retail
  • Mr. Jasmeet Singh
    Executive VP & Segment Head of Manufacturing
  • Ms. Martha G. King
    Executive VP & Chief Client Officer
  • Mr. Frank Lord Satterthwaite (Age 61)
    Senior Vice President of Delivery, FSHIL

INFY Stock Analysis - Frequently Asked Questions

Should I buy or sell Infosys stock right now?

11 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Infosys in the last year. There are currently 1 sell rating, 4 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street 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.

What is Infosys' stock price target for 2024?

11 brokerages have issued 1 year price objectives for Infosys' stock. Their INFY share price targets range from $14.00 to $24.00. On average, they expect the company's stock price to reach $19.27 in the next year. This suggests a possible upside of 13.1% from the stock's current price.
View analysts price targets for INFY
or view top-rated stocks among Wall Street analysts.

How have INFY shares performed in 2024?

Infosys' stock was trading at $18.38 on January 1st, 2024. Since then, INFY stock has decreased by 7.3% and is now trading at $17.0350.
View the best growth stocks for 2024 here
.

Are investors shorting Infosys?

Infosys saw a increase in short interest during the month of March. As of March 31st, there was short interest totaling 48,280,000 shares, an increase of 14.1% from the March 15th total of 42,320,000 shares. Based on an average trading volume of 8,720,000 shares, the short-interest ratio is presently 5.5 days. Approximately 1.2% of the shares of the stock are sold short.
View Infosys' Short Interest
.

When is Infosys' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, July 18th 2024.
View our INFY earnings forecast
.

How were Infosys' earnings last quarter?

Infosys Limited (NYSE:INFY) announced its quarterly earnings results on Thursday, April, 18th. The technology company reported $0.23 earnings per share for the quarter, beating analysts' consensus estimates of $0.17 by $0.06. The technology company had revenue of $4.56 billion for the quarter, compared to analyst estimates of $4.49 billion. Infosys had a net margin of 17.06% and a trailing twelve-month return on equity of 32.33%. During the same quarter last year, the company earned $0.18 earnings per share.

How often does Infosys pay dividends? What is the dividend yield for Infosys?

Infosys declared a semi-annual dividend on Wednesday, May 31st. Stockholders of record on Friday, June 2nd will be given a dividend of $0.2134 per share on Monday, July 3rd. This represents a dividend yield of 1.5%. The ex-dividend date is Thursday, June 1st. This is a positive change from the stock's previous semi-annual dividend of $0.17.
Read our dividend analysis for INFY
.

Is Infosys a good dividend stock?

Infosys (NYSE:INFY) pays an annual dividend of $0.36 per share and currently has a dividend yield of 2.17%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 47.37%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, INFY will have a dividend payout ratio of 44.44% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for INFY.

When did Infosys' stock split?

Shares of Infosys 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 issued 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.

What guidance has Infosys issued on next quarter's earnings?

Infosys issued an update on its FY 2025 earnings guidance on Thursday, April, 18th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $18.7 billion-$19.1 billion, compared to the consensus revenue estimate of $19.5 billion.

What is Salil S. Parekh's approval rating as Infosys' CEO?

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.

What other stocks do shareholders of Infosys own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Infosys investors own include Wipro (WIT), Tata Motors (TTM), Walt Disney (DIS), Xtrackers California Municipal Bond ETF (CA), NVIDIA (NVDA), Alibaba Group (BABA), ICICI Bank (IBN), Intel (INTC), Micron Technology (MU) and Cisco Systems (CSCO).

Who are Infosys' major shareholders?

Infosys' stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Allspring Global Investments Holdings LLC (0.04%), Oldfield Partners LLP (0.02%), CWM LLC (0.01%), MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH (0.01%), Perpetual Ltd (0.01%) and Birch Capital Management LLC (0.01%).

How do I buy shares of Infosys?

Shares of INFY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does Infosys have any subsidiaries?
The following companies are subsidiares of Infosys: Blue Acorn iCi, Brilliant Basics (MENA) DMCC, Brilliant Basics Holdings Limited, Brilliant Basics Holdings Limited (Brilliant Basics), Brilliant Basics Ltd, EdgeVerve, EdgeVerve Systems Limited (EdgeVerve), Eishtec, Fluido Denmark A/S, Fluido Newco AB, Fluido Norway A/S, Fluido Oy, Fluido Slovakia s.r.o, Fluido Sweden AB (Extero), GuideVision, Hitachi Procurement Service, Infosys (Czech Republic) Limited s.r.o, Infosys (Czech Republic) Limited s.r.o., Infosys Americas Inc., Infosys Arabia Limited, Infosys Austria GmbH, Infosys BPM Limited, Infosys BPO Americas LLC, Infosys BPO Americas LLC., Infosys CIS LLC, Infosys Canada Public Services Inc, Infosys Canada Public Services Ltd, Infosys Chile SpA, Infosys Compaz Pte. Ltd, Infosys Consulting (Belgium) NV, Infosys Consulting (Shanghai) Co., Infosys Consulting AG, Infosys Consulting GmbH, Infosys Consulting Holding AG, Infosys Consulting Holding AG (Infosys Lodestone), Infosys Consulting Ltda., Infosys Consulting Pte Limited (Infosys Singapore), Infosys Consulting Pte Ltd., Infosys Consulting S.R.L., Infosys Consulting SAS, Infosys Consulting Sp. Z o.o., Infosys Consulting Sp. z.o.o, Infosys Consulting s.r.o., Infosys Luxembourg S.a.r.l, Infosys Management Consulting Pty Limited, Infosys Management Consulting Pty. Limited, Infosys McCamish Systems LLC, Infosys Middle East FZ LLC, Infosys Nova Holdings LLC. (Infosys Nova), Infosys Poland, Infosys Poland Sp. z o.o., Infosys Public Services, Infosys Public Services Inc., Infosys South Africa (Pty) Ltd, Infosys Technologies (Australia) Pty. Limited, Infosys Technologies (Australia) Pty. Limited (Infosys Australia), Infosys Technologies (China) Co. Limited, Infosys Technologies (China) Co. Limited (Infosys China), Infosys Technologies (Shanghai) Company Limited, Infosys Technologies (Shanghai) Company Limited (Infosys Shanghai), Infosys Technologies (Sweden) AB, Infosys Technologies (Sweden) AB. (Infosys Sweden), Infosys Technologies S. de R. L. de C. V., Infosys Technologies S. de R. L. de C. V. (Infosys Mexico), Infosys Tecnologia DO Brasil LTDA. (Infosys Brasil), Infosys Tecnologia do Brasil Ltda., Infy Consulting B.V., Infy Consulting Company Limited, Infy Consulting Company Ltd, Kaleidoscope Innovation, Kallidus Inc., Kallidus Inc. (Kallidus), Kallidus Technologies, Lodestone Holding, Lodestone Management Consultants Co. Ltd., Lodestone Management Consultants GmbH (Austria), Lodestone Management Consultants Inc., Lodestone Management Consultants Portugal, Lodestone Management Consultants Portugal Unipessoal, Noah Consulting LLC (Noah), Panaya, Panaya GmbH, Panaya Inc., Panaya Inc. (Panaya), Panaya Japan Co. Ltd, Panaya Japan Co. Ltd., Panaya Ltd., Portland Group Pty Ltd, Portland Group Pty. Limited, S.C. Infosys Consulting S.R.L., Simplus, Skava Systems Pvt. Ltd. (Skava Systems), Skytree, Stater, WDW Communications, WONGDOODY, and WongDoody Holding Company Inc. (WongDoody).
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This page (NYSE:INFY) was last updated on 4/24/2024 by MarketBeat.com Staff

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