Susquehanna Lowers Infosys (NYSE:INFY) Price Target to $11.00

Infosys (NYSE:INFY) had its price target dropped by equities researchers at Susquehanna from $12.00 to $11.00 in a report issued on Friday,Benzinga reports. The brokerage currently has a “neutral” rating on the technology company’s stock. Susquehanna’s target price points to a potential downside of 0.14% from the stock’s current price.

Other research analysts have also issued research reports about the company. Stifel Nicolaus set a $13.00 price target on Infosys and gave the stock a “hold” rating in a research report on Thursday, July 16th. TD Cowen reissued a “hold” rating on shares of Infosys in a report on Friday. Wells Fargo & Company set a $11.00 target price on shares of Infosys and gave the company an “equal weight” rating in a research note on Friday, June 26th. Weiss Ratings restated a “hold (c-)” rating on shares of Infosys in a report on Monday, June 8th. Finally, HSBC set a $11.47 price target on shares of Infosys in a research report on Friday. Eight analysts have rated the stock with a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Reduce” and a consensus price target of $12.08.

Infosys Trading Up 3.2%

Shares of Infosys stock traded up $0.34 during trading hours on Friday, reaching $11.02. 3,223,497 shares of the company’s stock were exchanged, compared to its average volume of 18,568,145. The stock has a market cap of $44.58 billion, a P/E ratio of 13.69, a P/E/G ratio of 1.43 and a beta of 0.90. The company has a 50 day moving average of $11.64 and a two-hundred day moving average of $13.73. Infosys has a fifty-two week low of $10.30 and a fifty-two week high of $30.00.

Infosys (NYSE:INFY) last released its earnings results on Thursday, July 23rd. The technology company reported $0.20 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.21 by ($0.01). Infosys had a net margin of 16.44% and a return on equity of 32.64%. The company had revenue of $4.99 billion during the quarter, compared to analyst estimates of $5.09 billion. As a group, analysts expect that Infosys will post 0.82 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Infosys

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Oldfield Partners LLP raised its position in shares of Infosys by 41.3% in the second quarter. Oldfield Partners LLP now owns 53,193 shares of the technology company’s stock valued at $558,000 after purchasing an additional 15,560 shares during the period. E. Ohman J or Asset Management AB boosted its holdings in shares of Infosys by 3.7% during the 2nd quarter. E. Ohman J or Asset Management AB now owns 251,900 shares of the technology company’s stock worth $2,642,000 after buying an additional 9,000 shares during the period. Foster Group Inc. acquired a new position in Infosys in the 2nd quarter valued at about $127,000. Confluence Investment Management LLC grew its stake in Infosys by 19.1% in the 2nd quarter. Confluence Investment Management LLC now owns 17,636 shares of the technology company’s stock valued at $185,000 after buying an additional 2,826 shares during the last quarter. Finally, Glenmede Trust Co. NA grew its stake in Infosys by 17.8% in the 1st quarter. Glenmede Trust Co. NA now owns 21,055 shares of the technology company’s stock valued at $284,000 after buying an additional 3,179 shares during the last quarter. 16.20% of the stock is owned by institutional investors.

Infosys News Summary

Here are the key news stories impacting Infosys this week:

• Positive Sentiment: Infosys said operating margin improved to 21.1% and reiterated full-year EBIT margin guidance of 20%-22%, showing some cost discipline despite softer growth. Infosys: AI Revenues at 8.2% in Q1; Resilient Operating Margin of 21.1%
• Positive Sentiment: The company highlighted strong large-deal wins of $3.6 billion and robust free cash flow of $0.96 billion, which may help support sentiment over time. Infosys: AI Revenues at 8.2% in Q1; Resilient Operating Margin of 21.1%
• Neutral Sentiment: Infosys named insider Ashiss Kumar Dash as CEO designate, which provides leadership continuity but does not offset the near-term growth concerns. India’s Infosys misses quarterly revenue view, names CEO designate
• Neutral Sentiment: JPMorgan reaffirmed its Neutral rating but lowered its price target to $10.90 from $12.70, signaling reduced expectations rather than a new bullish view. Benzinga
• Negative Sentiment: Infosys reported Q1 EPS of $0.20, below estimates of $0.21, and revenue of $4.99 billion, missing the $5.09 billion consensus. Infosys earnings report
• Negative Sentiment: Management reduced FY27 revenue growth guidance to 1.5%-3.0% and cut the midpoint of topline growth expectations, reinforcing concerns about slower demand. Infosys: AI Revenues at 8.2% in Q1; Resilient Operating Margin of 21.1%
• Negative Sentiment: Several analysts slashed forecasts or reiterated only Hold/Neutral views after the results, adding to the bearish tone around the stock. These Analysts Slash Their Forecasts On Infosys After Q1 Results

Infosys Company Profile

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.