Infosys (NYSE:INFY) Posts Earnings Results, Beats Estimates By $0.01 EPS

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

Infosys Price Performance

INFY opened at $16.57 on Thursday. Infosys has a 12 month low of $15.94 and a 12 month high of $23.63. The stock has a market cap of $68.63 billion, a P/E ratio of 20.97, a P/E/G ratio of 3.50 and a beta of 0.97. The stock’s 50 day moving average price is $19.09 and its 200 day moving average price is $21.19.

Analysts Set New Price Targets

Several brokerages have issued reports on INFY. Guggenheim reissued a “neutral” rating on shares of Infosys in a research report on Friday, January 17th. Stifel Nicolaus cut their target price on shares of Infosys from $22.00 to $18.00 and set a “hold” rating for the company in a research report on Tuesday. CLSA raised shares of Infosys from a “hold” rating to an “outperform” rating in a research note on Friday, March 7th. StockNews.com downgraded Infosys from a “buy” rating to a “hold” rating in a research report on Tuesday. Finally, Susquehanna upgraded Infosys from a “negative” rating to a “neutral” rating and set a $17.00 price objective for the company in a report on Monday. One investment analyst has rated the stock with a sell rating, six have given a hold rating, three have issued a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $20.03.

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.