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

Infosys (NYSE:INFY) had its price target reduced by Susquehanna from $12.00 to $11.00 in a report released on Friday morning, MarketBeat Ratings reports. Susquehanna currently has a neutral rating on the technology company’s stock.

INFY has been the topic of several other research reports. Stifel Nicolaus set a $13.00 price objective on Infosys and gave the company a “hold” rating in a research note on Thursday, July 16th. HSBC set a $11.47 price target on Infosys in a research note on Friday. TD Cowen reaffirmed a “hold” rating and set a $9.00 price objective (down from $10.00) on shares of Infosys in a research report on Friday. BMO Capital Markets reissued a “market perform” rating and issued a $12.00 price objective (down from $13.00) on shares of Infosys in a research report on Friday. Finally, JPMorgan Chase & Co. restated a “neutral” rating and set a $10.90 target price (down from $12.70) on shares of Infosys in a research note on Friday. Eight investment analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Infosys has a consensus rating of “Reduce” and a consensus price target of $11.63.

Infosys Price Performance

Infosys stock opened at $11.13 on Friday. The company’s 50-day moving average is $11.62 and its 200-day moving average is $13.68. The firm has a market capitalization of $45.03 billion, a PE ratio of 13.74, a P/E/G ratio of 2.57 and a beta of 0.90. Infosys has a fifty-two week low of $10.30 and a fifty-two week high of $30.00.

Infosys (NYSE:INFY) last issued its earnings results on Thursday, July 23rd. The technology company reported $0.20 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.21 by ($0.01). Infosys had a net margin of 16.38% and a return on equity of 33.91%. The firm had revenue of $4.99 billion during the quarter, compared to analyst estimates of $5.08 billion. As a group, analysts expect that Infosys will post 0.81 EPS for the current year.

Hedge Funds Weigh In On Infosys

A number of large investors have recently made changes to their positions in INFY. V Square Quantitative Management LLC bought a new stake in Infosys in the 1st quarter valued at $97,000. Foster Group Inc. acquired a new position in Infosys in the 2nd quarter valued at $127,000. State of Wyoming bought a new position in Infosys during the 1st quarter worth $134,000. Aureus Asset Management LLC bought a new position in Infosys during the 1st quarter worth $142,000. Finally, Able Wealth Management LLC acquired a new stake in shares of Infosys during the first quarter worth $163,000. Institutional investors own 16.20% of the company’s stock.

Key Headlines Impacting Infosys

Here are the key news stories impacting Infosys this week:

• Positive Sentiment: Infosys highlighted AI revenues at 8.2% of sales, showing continued traction in higher-growth services, while operating margin held firm at 21.1%. Infosys: AI Revenues at 8.2% in Q1; Resilient Operating Margin of 21.1%
• Positive Sentiment: The company reported strong large-deal wins of $3.6 billion and generated robust free cash flow, which supports the longer-term investment case. Infosys: AI Revenues at 8.2% in Q1; Resilient Operating Margin of 21.1%
• Neutral Sentiment: Infosys named Ashiss Kumar Dash as CEO-designate, giving the market a clearer leadership succession plan. India’s Infosys misses quarterly revenue view, names CEO designate
• Negative Sentiment: Q1 earnings and revenue missed estimates, with softer volumes and a client exit offsetting growth in AI services. Infosys Q1 Earnings Miss Estimates, Revenues Increase Y/Y
• Negative Sentiment: Infosys narrowed its FY27 revenue growth outlook to 1.5%-3.0%, signaling a more cautious view on demand and contributing to the stock’s decline. India’s Infosys misses quarterly revenue view, names CEO designate
• Negative Sentiment: Several brokerages cut price targets or turned more cautious after the results, reinforcing concern that near-term upside may be limited. These Analysts Slash Their Forecasts On Infosys After Q1 Results

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. 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.