Infosys (NYSE:INFY) Issues Earnings Results

Infosys (NYSE:INFY) announced its quarterly earnings data on Thursday. The technology company reported $0.20 EPS for the quarter, beating analysts’ consensus estimates of $0.19 by $0.01, RTT News reports. The company had revenue of $4.79 billion during the quarter, compared to the consensus estimate of $420.69 billion. Infosys had a net margin of 17.28% and a return on equity of 31.60%. During the same quarter last year, the firm posted $0.23 EPS. Infosys updated its FY 2026 guidance to EPS.

Infosys Stock Performance

NYSE INFY opened at $16.14 on Friday. The firm’s fifty day moving average price is $18.85 and its two-hundred day moving average price is $21.10. The stock has a market cap of $66.84 billion, a PE ratio of 20.43, a PEG ratio of 3.50 and a beta of 0.97. Infosys has a fifty-two week low of $15.82 and a fifty-two week high of $23.63.

Analyst Upgrades and Downgrades

INFY has been the topic of several research reports. Stifel Nicolaus decreased their price objective on shares of Infosys from $22.00 to $18.00 and set a “hold” rating on the stock in a report on Tuesday. Investec upgraded Infosys from a “sell” rating to a “buy” rating in a report on Friday. Guggenheim reiterated a “neutral” rating on shares of Infosys in a research note on Friday, January 17th. Susquehanna upgraded Infosys from a “negative” rating to a “neutral” rating and set a $17.00 price objective on the stock in a research report on Monday, April 14th. Finally, CLSA raised shares of Infosys from a “hold” rating to an “outperform” rating in a research report on Friday, March 7th. Six research analysts have rated the stock with a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $20.03.

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.