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 |
|---|---|---|---|
| 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 | |
| 1/3/2024 | Neutral → Overweight | JP Morgan | |
| 10/4/2023 | $14.00 → $16.80 | Underweight → Neutral | JP Morgan |
These ten large-cap stocks were the best performers in the last week. Are they in your portfolio? Warner Bros. Discovery, Inc. (NASDAQ:WBD) stock escalated 18.28% after a report that the company had discussed plans to split its digital streaming and studio businesses from its legacy television networks. MicroStrategy Inc.’s (NASDAQ:MSTR) stock gained 16.74% last week amid a rise in Bitcoin’s price. D.R. Horton, Inc. (NYSE:DHI) shares surged 12.91% after the company reported better-than-expected Q3 financial results and revised FY24 guidance. The company also authorized a new $4 billion share repurchase. Few analysts raised the price forecasts on the stock. Coinbase Global Inc.’s
Macquarie analyst Ravi Menon upgrades Infosys (NYSE:INFY) from Underperform to Neutral.
Shares of Domino’s Pizza, Inc. (NYSE:DPZ) fell sharply during Thursday's session after the company reported mixed quarterly results. The company reported second-quarter FY24 sales growth of 7.1% year-on-year to $1.097 billion, missing the analyst consensus estimate of $1.103 billion. The company is temporarily suspending its guidance metric of 1,100+ global net stores growth until the full effect of DPE's store opens and closures on international net store growth are known. Domino’s Pizza shares dipped 11.2% to $420.36 on Thursday. Here are some other stocks moving in today’s mid-day session. Gainers Onconetix, Inc. (NASDAQ:ONCO) climbed 97.6% to $0.2944. On July 15, Oncon
U.S. stocks were higher, with the Dow Jones index gaining around 150 points on Thursday. Shares of Cintas Corporation (NASDAQ:CTAS) rose during Thursday's session after the company reported better-than-expected quarterly EPS and revenues. Cintas reported fourth-quarter earnings per share of $3.99, beating the street view of $3.80. The company registered quarterly revenues of $2.471 billion, beating the street view of $2.468 billion, according to data from Benzinga Pro. Cintas shares gained 5.3% to $758.25 on Thursday. Here are some other big stocks recording gains in today’s session. Chuy’s Holdings, Inc. (NASDAQ:CHUY) shares gained 47.6% to $37.29 after the company and Darde
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-
Investec downgraded Infosys from Hold to Sell
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
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)
6-K - Infosys Ltd (0001067491) (Filer)
6-K - Infosys Ltd (0001067491) (Filer)
6-K - Infosys Ltd (0001067491) (Filer)
6-K - Infosys Ltd (0001067491) (Filer)
AI-fluent CMOs are becoming a transformative force in business; 62% see their influence growing over broader corporate decisions as their AI implementations look to improve brand experience, as well as efficiency and effectiveness in marketing. BENGALURU, India, Nov. 13, 2024 /PRNewswire/ -- Infosys Knowledge Institute, a research arm of Infosys (NSE: INFY) (BSE: INFY) (NYSE:INFY), a global leader in next-generation digital services and consulting, today unveiled a global research report titled CMO Radar 2024. The report reveals that most companies have embedded artificial intelligence (AI) in their marketing functions and highlights how CMO's AI fluency (ability to use AI to solve problems)
Infosys Springboard digital inclusion platform to support residents gain critical digital and employability skills LONDON, Nov. 5, 2024 /PRNewswire/ -- Infosys (NSE: INFY) (BSE: INFY) (NYSE:INFY), a global leader in next-generation digital services and consulting, today announced a collaboration with Southwark Council to launch its digital learning platform - Springboard in the borough. This initiative aims to provide Southwark residents, colleges, and schools with free access to Infosys' flagship digital learning platform, Springboard. Southwark Council has created a three-year strategy to support digital inclusion across all its communities, delivered alongside the council's wider strateg
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
LONDON, Oct. 23, 2024 /PRNewswire/ -- Infosys ((NSE, BSE, NYSE:INFY), a global leader in next-generation digital services and consulting, today unveiled its new and expanded Living Labs, part of a network of over 12 established centres globally, to help clients accelerate innovation and leverage emerging technologies for future-proofing their business. Infosys also announced a collaboration with University of Cambridge to establish a new AI Lab, aimed at harnessing the power of AI to drive positive impact for clients, academia, and students. United Kingdom's Minister for Digital Government and AI, Feryal Clark, University of Cambridge's Head of Department of Applied Mathematics and Theoretic
Leverages Meta's Llama stack to democratize access to AI technology BENGALURU, India, Oct. 23, 2024 /PRNewswire/ -- Infosys (NSE: INFY), (BSE: INFY), (NYSE:INFY), a global leader in next-generation digital services and consulting, today strengthened its collaboration with Meta, a multinational technology company, to drive innovation in generative AI through open-source initiatives. Infosys is a strong proponent of open-source software and remains steadfast in its commitment to democratizing AI. Leveraging Meta's Llama stack, a family of open-source large language models and tools, Infosys is driving significant advancements in AI and fostering innovation across industries.
Establishes state-of-the-art global capability center in India to drive AI-led innovation MUNICH and BENGALURU, India , Oct. 10, 2024 /PRNewswire/ -- Infosys (NSE: INFY) (BSE: INFY) (NYSE:INFY), a global leader in next-generation digital services and consulting, today announced a strategic collaboration with zooplus, a leading European e-commerce company based in Munich, Germany, to enhance its service capability and scalability. The collaboration will establish a state-of-the-art Global Capability Center (GCC) in Hyderabad, India. zooplus will leverage Infosys Topaz, an AI-first offering using generative AI technologies, that will aim to help the company drive AI innovation and growth tran
In conjunction with Microsoft, Infosys Cobalt, Topaz, and Aster will aim to enhance customer experiences and drive global adoption of enterprise AI BENGALURU, India, Oct. 9, 2024 /PRNewswire/ -- Infosys (NSE: INFY), (BSE: INFY), (NYSE:INFY), a global leader in next-generation digital services and consulting, today announced an expansion of its collaboration with Microsoft to help accelerate customer adoption of generative AI and Microsoft Azure, globally. The strategic collaboration is aimed at helping Infosys' and Microsoft's joint customers realize the value of their technology investments and secure transformative outcomes. Infosys and Microsoft's generative AI collaboration commenced wh
EVANSVILLE, Indiana , Oct. 8, 2024 /PRNewswire/ -- Infosys (NSE: INFY) (BSE: INFY) (NYSE:INFY), a global leader in next-generation digital services and consulting, and Old National Bank (NASDAQ:ONB), the sixth largest commercial bank headquartered in the Midwest, recently entered into a strategic expansion of their four-year collaboration. This deepening of a highly successful relationship enables Old National to leverage Infosys services, solutions and platforms for operations transformation and process digitization powered by automation and GenAI, and transformation of key business areas. Since 2020, Infosys has helped Old National modernize its digital landscape using a highly efficient,
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