Infosys shares are trading higher following a Q1 earnings beat.
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/3/2024 | Hold → Sell | Investec | |
| 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 |
Investec downgraded Infosys from Hold to Sell
Macquarie upgraded Infosys from Underperform to Neutral
BofA Securities upgraded Infosys from Neutral to Buy
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
6-K - Infosys Ltd (0001067491) (Filer)
6-K - Infosys Ltd (0001067491) (Filer)
6-K - Infosys Ltd (0001067491) (Filer)
BENGALURU, India, Oct. 30, 2024 /PRNewswire/ -- Infosys Finacle, part of EdgeVerve Systems, a wholly-owned subsidiary of Infosys (NSE: INFY), (BSE: INFY), (NYSE:INFY), today announced the launch of the Finacle Data and AI Suite, a set of solutions to empower banks to infuse AI into their digital operations and accelerate their enterprise AI journey. The suite will offer a comprehensive set of platforms that enable banks to build low-code, predictive as well as generative AI solutions from the ground up with high transparency and explainability. It will help banks scale their data readiness, industrialize AI model development, apply generative AI technologies, and deliver actionable insights
Enterprises need to prepare themselves in five key areas – strategy, governance, talent, data, and technology – to achieve significant productivity gains from AI BENGALURU, India, Oct. 29, 2024 /PRNewswire/ -- Companies globally recognize the potential of artificial intelligence (AI) and are eager to adopt enterprise AI, yet most are far from fully integrating AI into their businesses and operations owing to large gaps in basic AI readiness, reveals a new research from the Infosys Knowledge Institute (IKI), the research arm of Infosys (NSE: INFY), (BSE: INFY), (NYSE:INFY). The Infosys Enterprise AI Readiness report includes insights from over 1,500 respondents across Australia, New Zealand,
The small language models will be integrated into products and services as part of Infosys Topaz offerings to provide enterprises with a foundation to build their specialized modelsInfosys' dedicated center of excellence for NVIDIA serves as a centralized hub for AI-powered solutions, fostering co-innovation and faster enterprise AI adoptionBENGALURU, India, Oct. 24, 2024 /PRNewswire/ -- Infosys (NSE: INFY), (BSE: INFY), (NYSE:INFY), a global leader in next-generation digital services and consulting, today announced the launch of its small language models – Infosys Topaz BankingSLM and Infosys Topaz ITOpsSLM – built using the powerful NVIDIA AI Stack. The collaboration leverages NVIDIA AI an
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Macquarie analyst Ravi Menon upgrades Infosys (NYSE:INFY) from Underperform to Neutral.
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