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 development and management, independent validation, product engineering and management, infrastructure management, enterprise application management, and support and integration services. The company's products and platforms include Finacle, a core banking solution; Edge suite of products; Infosys Nia, an artificial intelligence platform; Infosys McCamish - an insurance platform; Wingspan, a customizable learning platform; Stater mortgage servicing platform; Panaya automation suite; and Skava, an e-commerce suite. The company serves clients in the financial services and insurance, life sciences and healthcare, manufacturing, retail, consumer packaged goods and logistics, hi-tech, communications, telecom OEM, media, energy, utilities, resources, services, and other industries. It has collaboration agreements with Rolls-Royce, BP plc, Newmont Corporation, RXR Realty, Majesco Limited, and Centre for Accessibility Australia. 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.
IPO Year:
Exchange: NYSE
Website: infosys.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
7/19/2024 | Underperform → Neutral | Macquarie | |
4/9/2024 | Neutral → Buy | BofA Securities | |
4/1/2024 | Hold → Buy | HSBC Securities | |
3/19/2024 | $20.00 | Neutral | Guggenheim |
2/6/2024 | Buy → Hold | HSBC Securities | |
1/17/2024 | $24.00 | Outperform | Exane BNP Paribas |
1/3/2024 | Neutral → Buy | UBS | |
1/3/2024 | Neutral → Overweight | JP Morgan | |
10/4/2023 | $14.00 → $16.80 | Underweight → Neutral | JP Morgan |
8/22/2023 | Buy | Goldman |
Revenue guidance at 3%-4% and operating margin guidance at 20%-22% Highest Free Cash Flow at $1.1 billion; Record number of large deals at 34 with $4.1 billion TCV BENGALURU, India, July 18, 2024 /PRNewswire/ -- Infosys (NSE: INFY) (BSE: INFY) (NYSE:INFY), a global leader in next-generation digital services and consulting, delivered $4,714 million in Q1 revenues with a sequential growth of 3.6% and year on year growth of 2.5% in constant currency. Operating margin was at 21.1%, a sequential expansion of 1%. Free cash flow was highest ever at $1,094 million, an increase of 56.5% year over year. Number of large deal wins were highest ever at 34 with TCV of $4.1 billion, 57.6% being net new. "
BENGALURU, India, June 12, 2024 /PRNewswire/ -- Infosys (NSE: INFY) (BSE: INFY) (NYSE:INFY), a global leader in next-generation digital services and consulting, today announced that it has been ranked, for the third consecutive year, among the 100 most valuable brands in the world, according to Kantar, the leading marketing data and analytics business, in its annual BrandZ Most Valuable Global Brands report released today. Infosys is ranked as #74 most valuable brand in the world and ranked as #20 most valuable global B2B technology brand. "Even through a tough year of disruption and volatility globally, we stayed focused on delivering on our brand promise and let our purpose point the way
FY25 guidance - revenue growth of 1%-3% and operating margin of 20%-22% BENGALURU, India, April 18, 2024 /PRNewswire/ -- Infosys (NSE: INFY) (BSE: INFY) (NYSE:INFY), a global leader in next-generation digital services and consulting, delivered $18.6 billion in FY24 revenues with a growth of 1.4% in constant currency and operating margin of 20.7%. Free Cash Flow was strong at $2,882 million, an increase of 13.7% over FY 23. Large deal TCV for FY24 was highest ever at $17.7 billion, with 52% being net new. Q4 revenues were at $4,564 million, flat year on year and decrease of 2.2% sequentially in constant currency. Large deal TCV for the quarter was $4.5 billion, with 44% being net new. Operat
Strong large deal closures and robust deal pipeline position us well for future growth BENGALURU, India, July 20, 2023 /PRNewswire/ -- Infosys (NSE: INFY), (BSE: INFY), (NYSE:INFY), a global leader in next-generation digital services and consulting, delivered $4,617 million in Q1 revenues with year on year growth of 4.2% and sequential growth of 1.0% in constant currency. Large deal TCV for the quarter was at $2.3 billion, with net new of 56.1%. Operating margin for the quarter was stable at 20.8%. ROE improved 180 bps to 32.8%. Attrition declined further to 17.3%. FY24 revenue guidance revised to 1.0%-3.5% and operating margin guidance retained at 20%-22%. "We had a solid Q1 with a growth o
Revenue growth guidance of 4%-7% and operating margin guidance of 20%-22% for FY24 BENGALURU, India, April 13, 2023 /PRNewswire/ -- Infosys (NSE: INFY) (BSE: INFY) (NYSE:INFY), a global leader in next-generation digital services and consulting, delivered $18.2 billion in FY23 revenues with industry-leading growth of 15.4% in constant currency and operating margins of 21.0%. Growth was broad-based across industry verticals and geographical regions. Digital comprised 62.2% of overall revenues and grew at 25.6% in constant currency. Q4 year on year growth was 8.8% and sequential decline was 3.2% in constant currency terms. Operating margin for the quarter was 21.0%. Free cash flow conversion wa
Highest large deal TCV of $2.7 bn in last 7 quarters; quarterly attrition declined for 3rd quarter in a rowShare buyback of ₹9,300 crores ($1.13 bn) and interim dividend of ₹6,940 crores ($0.85 bn) announcedBENGALURU, India, Oct. 13, 2022 /PRNewswire/ -- Infosys (NSE: INFY) (BSE: INFY) (NYSE:INFY), a global leader in next-generation digital services and consulting, reported strong Q2 performance with year-on-year growth at 18.8% and sequential growth at 4.0% in constant currency. Year-on-year growth was in double digits across all business segments in constant currency terms. Digital comprised 61.8% of overall revenues and grew at 31.2% in constant currency. Operating margin for the quarter
Strong Revenue growth guidance of 13%-15% and operating margin guidance of 21%-23% for FY23 BENGALURU, India, April 13, 2022 /PRNewswire/ -- Infosys (NSE: INFY), (BSE: INFY), (NYSE:INFY), a global leader in next-generation digital services and consulting, delivered $16.3 billion in revenues with the highest annual growth in the last decade of 19.7% in constant currency with a robust operating margin of 23.0%. Growth was broad-based, supported by continued momentum in large deal wins with TCV of $9.5 billion. EPS grew by 15.2% in rupee terms. FCF crossed $3 billion for the year. Q4 sequential growth was 1.2% in constant currency with operating margin of 21.5%. TCV of large deal wins was $2.3
BENGALURU, India, Oct. 13, 2021 /PRNewswire/ -- Infosys (NSE: INFY) (BSE: INFY) (NYSE:INFY), a global leader in next-generation digital services and consulting, delivered a strong Q2 performance with YoY growth increasing to 19.4% and sequential growth accelerating to 6.3% in constant currency. Growth was broad-based across geographies and segments with the largest geography, North America growing at 23.1% and the largest segment, Financial Services growing at 20.5%, YoY in constant currency. Large deal momentum continued with TCV of $2.15 billion in Q2. Operating margin for the quarter was resilient at 23.6%. The Board has announced interim dividend of `15 per sh
- Double-digit Revenue Growth Guidance of 12%-14% for FY22 - Share Buyback of ₹9,200 Crore ($1.23 bn) and Final Dividend of ₹6,400 Crore ($0.85 bn) Announced BENGALURU, India, April 14, 2021 /CNW/ -- Infosys (NSE: INFY), (BSE: INFY), (NYSE:INFY), a global leader in next-generation digital services and consulting, delivered strong FY21 performance with 5.0% CC growth, and growth accelerating to 9.6% in Q4 – in the face of a turbulent economic environment. Large deal TCV for FY21 peaked to an all-time high of $14.1 billion with 66% being net new. Operating margin for the year expanded by 3.2% and Free Cash Flows increased by 38.5%. The Board has recommended capital return of ₹15,600 crore
- Double-digit Revenue Growth Guidance of 12%-14% for FY22 - Share Buyback of ₹9,200 Crore ($1.23 bn) and Final Dividend of ₹6,400 Crore ($0.85 bn) Announced BENGALURU, India, April 14, 2021 /PRNewswire/ -- Infosys (NSE: INFY), (BSE: INFY), (NYSE:INFY), a global leader in next-generation digital services and consulting, delivered strong FY21 performance with 5.0% CC growth, and growth accelerating to 9.6% in Q4 – in the face of a turbulent economic environment. Large deal TCV for FY21 peaked to an all-time high of $14.1 billion with 66% being net new. Operating margin for the year expanded by 3.2% and Free Cash Flows increased by 38.5%. The Board has recommended capital return of ₹15,600
Successfully enhanced the D7 platform to accelerate time-to-market for exchange group's customers and improve their profitability FRANKFURT, Germany and BENGALURU, India, Sept. 11, 2024 /PRNewswire/ -- Infosys (NSE: INFY), (BSE: INFY), (NYSE:INFY), a global leader in next-generation digital services and consulting, today announced that it has collaborated with Clearstream, the post-trade services part of Deutsche Börse, an international exchange organisation and leading provider of market infrastructure. The collaboration supported the successful Generation 2 launch of Clearstream's D7 platform, an innovative digital post-trade platform that allows market participants to issue securities dig
To unlock new business opportunities and enhance customer experience, this collaboration will leverage Proximus Group's DI and CPaaS solutions. BRUSSELS and BENGALURU, India, Sept. 10, 2024 /PRNewswire/ -- Infosys (NSE: INFY) (BSE: INFY) (NYSE:INFY), a global leader in next-generation digital services and consulting, and Proximus Group, Belgium's leading digital services and communication solutions provider, today announced a strategic collaboration to help unlock new business opportunities. The new strategic collaboration will focus on a joint go-to-market approach that will use best-in-class products of Proximus' International affiliates, including Route Mobile's Communications Platform a
A digital twin of the landmark economic simulator 'The Moniac', the FT Money Machine leverages Apple Vision Pro to deliver an immersive and interactive experience making economics education more effective and accessible LONDON, Sept. 6, 2024 /PRNewswire/ -- Infosys (NYSE:INFY), a global leader in next-generation digital services and consulting, in collaboration with the Financial Times (FT), today announced the digital revival of a pioneering piece of economic history — the Monetary National Income Analogue Computer (MONIAC) — courtesy of a groundbreaking new virtual reality experience, the 'FT Money Machine'. Infosys and The Financial Times have taken economist Bill Phillips' original inve
Empowering telcos with cutting-edge AI-driven solutions, leveraging Infosys Topaz and NVIDIA NIM BENGALURU, India, Aug. 29, 2024 /PRNewswire/ -- Infosys (NSE: INFY) (BSE: INFY) (NYSE: INFY), a global leader in next-generation digital services and consulting, today announced the expansion of its collaboration with NVIDIA for AI-powered, customer-centric solutions to drive innovation and operational excellence for telcos. Leveraging Infosys Topaz, an AI-first set of services, solutions, and platforms using generative AI technologies, the collaboration will help telcos enhance their customer experiences, streamline network operations, and accelerate service delivery. Infosys developed three ge
Leveraging Infosys Topaz, the initiative will focus on key areas to drive innovation and accelerate enterprise AI adoption BENGALURU, India, Aug. 28, 2024 /PRNewswire/ -- Infosys (NSE: INFY) (BSE: INFY) (NYSE: INFY), a global leader in next-generation digital services and consulting, today announced that it is collaborating with the Stanford University Institute for Human-Centered Artificial Intelligence (Stanford HAI), an organization dedicated to guiding and building the future of artificial intelligence (AI), to help accelerate AI research initiatives by becoming a member of Stanford HAI's Corporate Affiliate Program. Infosys will engage with Stanford HAI faculty and researchers on topic
To jointly accelerate digital transformation for enterprises with Infosys ESM Café BENGALURU, India, Aug. 1, 2024 /PRNewswire/ -- Infosys (NSE: INFY) (BSE: INFY) (NYSE:INFY), a global leader in next-generation digital services and consulting, today announced an expanded strategic collaboration with ServiceNow to provide end-to-end managed services, leveraging AI capabilities of the Now Platform and the Infosys Enterprise Service Management Café (ESM Café) for enterprise business transformation. As part of this engagement, Infosys will aim to accelerate the ServiceNow implementation for enterprises such as First Abu Dhabi Bank (FAB), by almost 30 to 40 percent, allowing faster time-to-value
98% of executives expect to see a significant rise in spending on AI for cloud over the next two years CAMBRIDGE, Mass. and BENGALURU, India, July 31, 2024 /PRNewswire/ -- Infosys (NSE: INFY) (BSE: INFY) (NYSE:INFY), a global leader in next-generation digital services and consulting, in collaboration with MIT Technology Review Insights, today announced the release of a new report: Reimagining Cloud Strategy for AI-first Enterprises. The report analyzed 500 global industry leaders with at least $500M in revenue across sectors to understand their organization's cloud and data readiness as they prepare to launch AI initiatives at scale. The survey found that most companies are still experiment
Aims to modernize TDC Net's IT infrastructure, improve customer experience, and optimize costs BENGALURU, India, July 30, 2024 /PRNewswire/ -- Infosys (NSE: INFY) (BSE: INFY) (NYSE:INFY), a global leader in next-generation digital services and consulting, today announced its collaboration with TDC Net, a Danish digital infrastructure and connectivity provider, to help them transform from a traditional infrastructure company to a leading customer-centric technology company. The collaboration aims to modernize TDC Net's IT infrastructure, improve their customer experience, and help them optimize IT and operational service costs. Through this collaboration, Infosys will standardize and simplif
Revenue guidance at 3%-4% and operating margin guidance at 20%-22% Highest Free Cash Flow at $1.1 billion; Record number of large deals at 34 with $4.1 billion TCV BENGALURU, India, July 18, 2024 /PRNewswire/ -- Infosys (NSE: INFY) (BSE: INFY) (NYSE:INFY), a global leader in next-generation digital services and consulting, delivered $4,714 million in Q1 revenues with a sequential growth of 3.6% and year on year growth of 2.5% in constant currency. Operating margin was at 21.1%, a sequential expansion of 1%. Free cash flow was highest ever at $1,094 million, an increase of 56.5% year over year. Number of large deal wins were highest ever at 34 with TCV of $4.1 billion, 57.6% being net new. "
Infosys LaborForce, the first platform as a service solution for the state labor agencies, to replace legacy, outdated systems. WILMINGTON, Del., July 11, 2024 /PRNewswire/ -- Infosys Public Services ("IPS"), a North America-based subsidiary of Infosys (NSE: INFY) (BSE: INFY) (NYSE:INFY), today announced that the Delaware Department of Labor ("Delaware") has awarded the company a contract to revitalize the state's unemployment insurance tax, benefits and appeals programs. Further, the Delaware Department of Labor has engaged Infosys Public Services to develop a new system for the paid family medical leave program. Delaware will leverage the Infosys LaborForce solution to create significant i
6-K - Infosys Ltd (0001067491) (Filer)
6-K - Infosys Ltd (0001067491) (Filer)
6-K - Infosys Ltd (0001067491) (Filer)
6-K - Infosys Ltd (0001067491) (Filer)
6-K - Infosys Ltd (0001067491) (Filer)
6-K - Infosys Ltd (0001067491) (Filer)
20-F - Infosys Ltd (0001067491) (Filer)
6-K - Infosys Ltd (0001067491) (Filer)
6-K - Infosys Ltd (0001067491) (Filer)
6-K - Infosys Ltd (0001067491) (Filer)
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Macquarie analyst Ravi Menon upgrades Infosys (NYSE:INFY) from Underperform to Neutral.
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Infosys Ltd (NYSE: INFY) reported first-quarter revenue growth of 2.5% in constant currency terms year-on-year to $4.71 billion, beating the analyst consensus estimate of $4.65 billion. The stock price gained after the print. Revenues in constant currency terms increased by 3.6% quarter over quarter. EPS of $0.18 is in line with the Street analyst estimate and up from $0.17 a year ago. Infosys said the number of large deal wins was highest ever at 34, with TCV of $4.1 billion, 57.6% being net new. The operating margin improved by 30 bps to 21.1%. Infosys held $1.97 billion in cash and equivalents as of June-end. It generated a free cash flow of $1.09 billion, which grew 56.5% year-
Macquarie upgraded Infosys from Underperform to Neutral
BofA Securities upgraded Infosys from Neutral to Buy
HSBC Securities upgraded Infosys from Hold to Buy
Guggenheim initiated coverage of Infosys with a rating of Neutral and set a new price target of $20.00
HSBC Securities downgraded Infosys from Buy to Hold
Exane BNP Paribas initiated coverage of Infosys with a rating of Outperform and set a new price target of $24.00
UBS upgraded Infosys from Neutral to Buy
JP Morgan upgraded Infosys from Neutral to Overweight
JP Morgan upgraded Infosys from Underweight to Neutral and set a new price target of $16.80 from $14.00 previously
Goldman initiated coverage of Infosys with a rating of Buy