Infosys Limited (INFY)

Infosys Stock Forecast

Stock Price Forecast

The 3 analysts with 12-month price forecasts for Infosys stock have an average target of 17.33, with a low estimate of 17 and a high estimate of 18. The average target predicts a decrease of -7.08% from the current stock price of 18.65.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$17	$17.33	$17	$18
Change	-8.85%	-7.08%	-8.85%	-3.49%

Analyst Ratings

The average analyst rating for Infosys stock from 7 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Dec '24	Jan '25	Feb '25	Mar '25	Apr '25	May '25
Strong Buy	1	1	1	1	1	1
Buy	2	1	1	1	0	0
Hold	4	4	4	4	6	6
Sell	1	1	1	1	0	0
Strong Sell	0	0	0	0	0	0
Total	8	7	7	7	7	7

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Manish Adukia Goldman Sachs	Goldman Sachs	Strong Buy → Hold Downgrades n/a	Strong Buy → Hold	Downgrades	n/a	n/a	Apr 21, 2025
David Grossman Stifel	Stifel	Hold Maintains $18 → $17	Hold	Maintains	$18 → $17	-8.85%	Apr 21, 2025
Keith Bachman BMO Capital	BMO Capital	Hold Maintains $25 → $18	Hold	Maintains	$25 → $18	-3.49%	Apr 21, 2025
David Grossman Stifel	Stifel	Hold Maintains $22 → $18	Hold	Maintains	$22 → $18	-3.49%	Apr 15, 2025
James Friedman Susquehanna	Susquehanna	Sell → Hold Upgrades $17	Sell → Hold	Upgrades	$17	-8.85%	Apr 14, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

20.40B

Increased by 5.83%

from 19.28B

Revenue Next Year

21.91B

Increased by 7.39%

from 20.40B

EPS This Year

0.83

Increased by 9.43%

from 0.76

EPS Next Year

0.91

Increased by 9.04%

from 0.83

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027	FY 2028
Period Ending	Mar 31, 2021	Mar 31, 2022	Mar 31, 2023	Mar 31, 2024	Mar 31, 2025	Mar 31, 2026	Mar 31, 2027	Mar 31, 2028
Revenue	13.56B	16.31B	18.21B	18.56B	19.28B	20.40B	21.91B	23.24B
Revenue Growth	6.11%	20.28%	11.66%	1.92%	3.85%	5.83%	7.39%	6.06%
EPS	0.61	0.70	0.71	0.76	0.76	0.83	0.91	0.95
EPS Growth	11.42%	14.75%	1.43%	7.04%	-	9.43%	9.04%	4.34%
Forward PE	-	-	-	-	-	22.42	20.57	19.71
No. Analysts	-	-	-	-	-	43	42	10

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2026	2027	2028	2029
High	21.7B	23.9B	25.1B
Avg	20.4B	21.9B	23.2B
Low	19.1B	20.0B	21.3B

Revenue Growth

Revenue Growth	2026	2027	2028	2029
High	12.4%	17.1%	14.7%
Avg	5.8%	7.4%	6.1%
Low	-0.7%	-2.1%	-3.0%

EPS Forecast

EPS	2026	2027	2028
High	0.90	1.02	1.06
Avg	0.83	0.91	0.95
Low	0.76	0.81	0.86

EPS Growth

EPS Growth	2026	2027	2028
High	18.9%	23.2%	16.4%
Avg	9.4%	9.0%	4.3%
Low	-0.4%	-2.1%	-4.8%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.