BMO Capital Upholds Market Perform Rating for Infosys Limited - Depositary Receipt (INFY)
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 18 2025
0mins
Should l Buy INFY?
Source: NASDAQ.COM
BMO Capital Coverage: BMO Capital has maintained a "Market Perform" recommendation for Infosys Limited - Depositary Receipt (NYSE: INFY) as of October 17, 2025, with an average one-year price target of $20.04/share, indicating a potential upside of 22.83% from its current price of $16.32/share.
Institutional Ownership Trends: There are 662 funds reporting positions in Infosys, with a slight decrease in the number of owners but an increase in total shares owned by institutions by 2.63% over the last three months, reflecting a mixed sentiment among major shareholders.
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Analyst Views on INFY
Wall Street analysts forecast INFY stock price to rise
6 Analyst Rating
1 Buy
5 Hold
0 Sell
Hold
Current: 14.210
Low
17.00
Averages
18.95
High
22.80
Current: 14.210
Low
17.00
Averages
18.95
High
22.80
About INFY
Infosys Limited is an India-based company, which provides digital services and consulting. The Company enables clients in approximately 59 countries to navigate their digital transformation powered by cloud and artificial intelligence (AI). Its segments include Financial Services; Retail; Communication; Energy, Utilities, Resources and Services; Manufacturing; Hi-Tech; Life Sciences, and All other segments. The Company's solutions have been primarily classified as digital and core. Its digital solutions include experience, insight, innovate, accelerate, and assure. Its experience solutions include Infosys Aster, Digital Marketing, Digital Commerce and Infosys Metaverse Foundry. Its insight solutions include Infosys Topaz, Infosys Generative AI Labs, Data Analytics and AI, Infosys Sustainability Services and Applied AI. Its core solutions include application management services, proprietary application development services, traditional enterprise application implementation and others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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See More
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- Significant Revenue Growth: In Q3 of fiscal 2026, UiPath reported revenue of $411 million, a 16% year-over-year increase, with annual recurring revenue (ARR) hitting $1.78 billion, up 11%, showcasing robust performance in the SaaS sector.
- Expanding Customer Base: The number of customers with ARR over $100,000 grew by 12% to 2,506, while those exceeding $1 million increased by 10% to 333, reflecting UiPath's appeal and market penetration among high-value clients.
- Strong Cash Flow and Debt Position: The company saw free cash flow rise by 8.2% to $25.11 million, with a net cash position of $744.1 million and total debt of only $82 million, indicating solid financial health despite not yet achieving net profitability, suggesting strong future growth potential.
See More
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- Oil Procurement Agreement: The deal ends the 25% punitive tariff imposed due to India's purchases of Russian oil, with Trump stating that India will cease buying Russian oil and increase imports from the U.S. and potentially Venezuela.
- India's Purchasing Commitment: Prime Minister Modi committed to purchasing over $500 billion worth of American products across energy, technology, agriculture, and coal sectors, indicating India's strong interest in U.S. markets and collaboration.
- Improvement in Trade Relations: This agreement is expected to alleviate trade tensions caused by U.S. tariffs of up to 50% on Indian goods, while India is also exploring a free trade deal with the EU to further diversify its international trade relationships.
See More
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- Stock Performance: Following this news, Accenture's stock rose by 1%, Infosys increased by 4%, and Wipro surged by 7%, reflecting market optimism regarding the prospects of the Indian IT sector.
- Strategic Cooperation Commitment: As part of the agreement, India committed to purchasing more American goods and ceasing Russian oil imports, which is viewed as a potential measure to alleviate the war in Ukraine, further solidifying U.S.-India economic ties.
- Market Reaction: In addition to IT consulting firms, manufacturing stocks like Apple also saw a 2% increase, indicating a broad positive market response to the improvement in U.S.-India trade relations, which could stimulate growth across multiple sectors.
See More
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- Partnership Extension: Infosys extends its partnership with Madison Square Garden Entertainment and Sports, becoming the Official Digital Innovation Partner, which is expected to enhance the experience for over 2 million attendees annually, further solidifying Infosys's influence in the sports and entertainment sectors.
- Venue Renaming: The theater at Madison Square Garden has been renamed the Infosys Theater, marking a significant increase in brand visibility at a key location, which is anticipated to attract more audience engagement and enhance brand recognition.
- Tech-Driven Fan Experience: Infosys will leverage its AI-first Topaz platform to provide innovative fan engagement solutions for the New York Knicks and New York Rangers, which is expected to enhance fan participation and satisfaction, thereby driving brand loyalty for the teams.
- Brand Integration and Visibility: Infosys will gain sustained visibility across MSG's digital platforms, in-arena signage, and GardenVision features, which is expected to enhance its market influence through multi-channel brand integration and drive business growth.
See More
