Infosys (NYSE:INFY) Given New $11.00 Price Target at Susquehanna

Infosys (NYSE:INFY) had its price target trimmed by Susquehanna from $12.00 to $11.00 in a report issued on Friday, MarketBeat.com reports. The brokerage currently has a neutral rating on the technology company’s stock.

Other equities research analysts also recently issued research reports about the company. JPMorgan Chase & Co. reissued a “neutral” rating and set a $10.90 price objective (down from $12.70) on shares of Infosys in a report on Friday. HSBC set a $11.47 target price on Infosys in a research report on Friday. Wells Fargo & Company set a $11.00 price target on Infosys and gave the stock an “equal weight” rating in a report on Friday, June 26th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Infosys in a research note on Monday, June 8th. Finally, TD Cowen reiterated a “hold” rating and issued a $9.00 price objective (down from $10.00) on shares of Infosys in a report on Friday. Eight equities research analysts have rated the stock with a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Reduce” and a consensus target price of $11.63.

Infosys Stock Up 4.3%

NYSE:INFY opened at $11.13 on Friday. Infosys has a twelve month low of $10.30 and a twelve month high of $30.00. The stock’s 50-day simple moving average is $11.62 and its 200 day simple moving average is $13.71. The firm has a market capitalization of $45.03 billion, a PE ratio of 13.74, a price-to-earnings-growth ratio of 1.40 and a beta of 0.90.

Infosys (NYSE:INFY) last posted its earnings results on Thursday, July 23rd. The technology company reported $0.20 EPS for the quarter, missing analysts’ consensus estimates of $0.21 by ($0.01). The company 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%. On average, analysts anticipate that Infosys will post 0.82 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of INFY. V Square Quantitative Management LLC acquired a new position in shares of Infosys during the first quarter valued at about $97,000. Foster Group Inc. bought a new position in Infosys in the 2nd quarter valued at about $127,000. State of Wyoming acquired a new position in Infosys during the 1st quarter valued at about $134,000. Aureus Asset Management LLC acquired a new position in Infosys during the 1st quarter valued at about $142,000. Finally, Able Wealth Management LLC bought a new stake in Infosys during the 1st quarter worth approximately $163,000. Institutional investors and hedge funds own 16.20% of the company’s stock.

More 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

About Infosys

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.