Infosys (NYSE:INFY) Earns Neutral Rating from JPMorgan Chase & Co.

Infosys (NYSE:INFY)‘s stock had its “neutral” rating reissued by research analysts at JPMorgan Chase & Co. in a research note issued to investors on Friday, MarketBeat reports. They presently have a $10.90 price target on the technology company’s stock, down from their previous price target of $12.70. JPMorgan Chase & Co.‘s target price indicates a potential downside of 2.03% from the stock’s previous close.

INFY has been the subject of a number of other research reports. HSBC set a $11.47 price objective on shares of Infosys in a report on Friday. TD Cowen reduced their target price on shares of Infosys from $13.00 to $10.00 and set a “hold” rating on the stock in a research note on Thursday, July 9th. BMO Capital Markets decreased their target price on shares of Infosys from $20.00 to $15.00 and set a “market perform” rating on the stock in a report on Friday, April 24th. Stifel Nicolaus set a $13.00 price target on shares of Infosys and gave the company a “hold” rating in a research note on Thursday, July 16th. Finally, Susquehanna cut their price target on shares of Infosys from $14.00 to $12.00 and set a “neutral” rating for the company in a report on Friday, July 10th. Eight equities research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Infosys currently has a consensus rating of “Reduce” and an average target price of $11.63.

Infosys Stock Performance

NYSE:INFY opened at $11.13 on Friday. Infosys has a one year low of $10.30 and a one year high of $30.00. The stock has a market cap of $45.03 billion, a PE ratio of 13.74, a P/E/G ratio of 1.46 and a beta of 0.90. The stock has a 50 day moving average price of $11.62 and a 200 day moving average price of $13.71.

Infosys (NYSE:INFY) last announced its quarterly earnings data on Thursday, July 23rd. The technology company reported $0.20 EPS for the quarter, missing analysts’ consensus estimates of $0.21 by ($0.01). The company had revenue of $4.99 billion for the quarter, compared to analysts’ expectations of $5.08 billion. Infosys had a return on equity of 33.41% and a net margin of 16.38%. As a group, analysts predict that Infosys will post 0.81 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

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

Key Stories 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.