Infosys’ (INFY) “Neutral” Rating Reaffirmed at JPMorgan Chase & Co.

JPMorgan Chase & Co. reissued their neutral rating on shares of Infosys (NYSE:INFY) in a report published on Friday, Marketbeat.com reports. The firm currently has a $10.90 price target on the technology company’s stock, down from their prior price target of $12.70.

Several other research analysts also recently commented on INFY. HSBC set a $11.47 price target on shares of Infosys in a report on Friday. Stifel Nicolaus set a $13.00 price objective on shares of Infosys and gave the stock a “hold” rating in a report on Thursday, July 16th. BMO Capital Markets cut their target price on shares of Infosys from $20.00 to $15.00 and set a “market perform” rating for the company in a research report on Friday, April 24th. Weiss Ratings reissued a “hold (c-)” rating on shares of Infosys in a report on Monday, June 8th. Finally, Wells Fargo & Company set a $11.00 price objective on Infosys and gave the company an “equal weight” rating in a research note on Friday, June 26th. Eight equities research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Infosys has an average rating of “Reduce” and an average price target of $11.63.

Infosys Trading Up 4.3%

Shares of INFY stock opened at $11.13 on Friday. The stock has a market cap of $45.03 billion, a price-to-earnings ratio of 13.74, a PEG ratio of 1.40 and a beta of 0.90. Infosys has a 1-year low of $10.30 and a 1-year high of $30.00. The stock has a 50-day moving average of $11.62 and a 200-day moving average of $13.71.

Infosys (NYSE:INFY) last issued its earnings results on Thursday, July 23rd. The technology company reported $0.20 earnings per share for the quarter, missing analysts’ consensus estimates of $0.21 by ($0.01). The business had revenue of $4.99 billion during the quarter, compared to the consensus estimate of $5.08 billion. Infosys had a return on equity of 33.41% and a net margin of 16.38%. Sell-side analysts forecast that Infosys will post 0.82 earnings per share for the current year.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the business. Trinity Street Asset Management LLP grew its stake in shares of Infosys by 45.5% during the first quarter. Trinity Street Asset Management LLP now owns 14,938,546 shares of the technology company’s stock worth $201,820,000 after acquiring an additional 4,674,742 shares during the last quarter. Lazard Asset Management LLC raised its stake in shares of Infosys by 17.0% during the 1st quarter. Lazard Asset Management LLC now owns 26,776,494 shares of the technology company’s stock valued at $361,750,000 after buying an additional 3,893,801 shares during the last quarter. Hudson Edge Investment Partners Inc. raised its holdings in Infosys by 56.5% in the 1st quarter. Hudson Edge Investment Partners Inc. now owns 4,452,990 shares of the technology company’s stock worth $60,160,000 after purchasing an additional 1,607,300 shares during the period. Weiss Asset Management LP purchased a new position in Infosys in the 1st quarter valued at about $10,708,000. Finally, Bessemer Group Inc. grew its holdings in shares of Infosys by 49.3% during the first quarter. Bessemer Group Inc. now owns 1,720,708 shares of the technology company’s stock worth $23,248,000 after buying an additional 568,573 shares in the last quarter. Hedge funds and other institutional investors own 16.20% of the company’s stock.

Key Infosys News

Here are the key news stories impacting Infosys this week:

• Positive Sentiment: Infosys highlighted AI revenues at 8.2% of sales, showing continued traction in higher-growth services, while operating margin held firm at 21.1%. Infosys: AI Revenues at 8.2% in Q1; Resilient Operating Margin of 21.1%
• Positive Sentiment: The company reported strong large-deal wins of $3.6 billion and generated robust free cash flow, which supports the longer-term investment case. Infosys: AI Revenues at 8.2% in Q1; Resilient Operating Margin of 21.1%
• Neutral Sentiment: Infosys named Ashiss Kumar Dash as CEO-designate, giving the market a clearer leadership succession plan. India’s Infosys misses quarterly revenue view, names CEO designate
• Negative Sentiment: Q1 earnings and revenue missed estimates, with softer volumes and a client exit offsetting growth in AI services. Infosys Q1 Earnings Miss Estimates, Revenues Increase Y/Y
• Negative Sentiment: Infosys narrowed its FY27 revenue growth outlook to 1.5%-3.0%, signaling a more cautious view on demand and contributing to the stock’s decline. India’s Infosys misses quarterly revenue view, names CEO designate
• Negative Sentiment: Several brokerages cut price targets or turned more cautious after the results, reinforcing concern that near-term upside may be limited. These Analysts Slash Their Forecasts On Infosys After Q1 Results

Infosys Company Profile

Infosys Ltd. is a digital services and consulting company, which engages in the provision of end-to-end business solutions. It operates through the following segments: Financial Services, Retail, Communication, Energy, Utilities, Resources, and Services, Manufacturing, Hi-Tech, Life Sciences, and All Other. The company was founded by Dinesh Krishnan Swamy, Senapathy Gopalakrishnan, Narayana Ramarao Nagavara Murthy, Raghavan N. S., Ashok Arora, Nandan M. Nilekani, and S. D. Shibulal on July 2, 1981 and is headquartered in Bangalore, India.