Infosys (INFY, Financial) reported an impressive financial performance for the first quarter, showcasing a notable increase in revenue. The company achieved $4.9 billion in revenue, a rise from the $4.7 billion recorded during the same period last year. This growth highlights the effectiveness of the company's enterprise AI strategies and its successful client consolidation efforts. Furthermore, Infosys secured significant large deal wins amounting to $3.8 billion, reflecting its solid market position and strong relationships with clients. The commitment and hard work of its workforce, comprising over 300,000 employees, have been pivotal in reaching these corporate milestones.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 10 analysts, the average target price for Infosys Ltd (INFY, Financial) is $20.26 with a high estimate of $27.00 and a low estimate of $17.00. The average target implies an upside of 10.94% from the current price of $18.26. More detailed estimate data can be found on the Infosys Ltd (INFY) Forecast page.
Based on the consensus recommendation from 14 brokerage firms, Infosys Ltd's (INFY, Financial) average brokerage recommendation is currently 2.3, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Infosys Ltd (INFY, Financial) in one year is $22.13, suggesting a upside of 21.19% from the current price of $18.26. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Infosys Ltd (INFY) Summary page.
