Shares of INFY.N reached a 20-day high today, reflecting strong investor sentiment driven by the booming AI consulting market. The stock's upward momentum signals a robust technical outlook, suggesting increased bullish activity among traders. This surge comes on the heels of IBM's recent announcement of an expanded partnership with Microsoft, which aims to integrate Microsoft’s Copilot into IBM's AI platform, enhancing its consulting capabilities. As IBM's consulting revenue grows, reaching $5.32 billion in Q3, competition intensifies with firms like Accenture and Infosys also ramping up their AI service offerings. The positive trajectory of IBM's stock, which has risen 37.9% over the past year, further bolsters confidence in the sector's growth potential.
Wall Street analysts forecast INFY stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for INFY is 18.95 USD with a low forecast of 17.00 USD and a high forecast of 22.80 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
6 Analyst Rating
Wall Street analysts forecast INFY stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for INFY is 18.95 USD with a low forecast of 17.00 USD and a high forecast of 22.80 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
1 Buy
5 Hold
0 Sell
Hold
Current: 18.250
Low
17.00
Averages
18.95
High
22.80
Current: 18.250
Low
17.00
Averages
18.95
High
22.80
TD Cowen
Hold
upgrade
$16 -> $17
2026-01-09
Reason
TD Cowen
Price Target
$16 -> $17
AI Analysis
2026-01-09
upgrade
Hold
Reason
TD Cowen raised the firm's price target on Infosys to $17 from $16 and keeps a Hold rating on the shares. The firm is "constructive" on services sector setup for 2026, anticipating gradual improvement in enterprise IT spend at a time when average valuations remain discounted.
BMO Capital
Market Perform
downgrade
$20 -> $18
2025-10-17
Reason
BMO Capital
Price Target
$20 -> $18
2025-10-17
downgrade
Market Perform
Reason
BMO Capital lowered the firm's price target on Infosys to $18 from $20 and keeps a Market Perform rating on the shares. The company reported a "reasonable" Q2 with a slight raise to the bottom end of the FY26 guide, though the firm also thought the commentary on the demand environment remains subdued, including no improvement in smaller deals from the June quarter, the analyst tells investors in a research note. Infosys called out positive developments with respect to AI-related demand, though BMO remains skeptical on AI being a long-term tailwind for services, the firm added.
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TD Cowen
Hold
downgrade
$17 -> $16
2025-10-17
Reason
TD Cowen
Price Target
$17 -> $16
2025-10-17
downgrade
Hold
Reason
TD Cowen lowered the firm's price target on Infosys to $16 from $17 and keeps a Hold rating on the shares. The firm updated its model following Q2 results which contained few surprises while noting consistent demand supported a low-end FY25 growth guide raise as expected, while better bookings/hiring was offset by light OM.
Rothschild & Co Redburn
Harry Read
Sell
initiated
$12
2025-09-03
Reason
Rothschild & Co Redburn
Harry Read
Price Target
$12
2025-09-03
initiated
Sell
Reason
Rothschild & Co Redburn analyst Harry Read initiated coverage of Infosys with a Sell rating and $12 price target. The firm's estimates are below consensus due to Infosys having one of the highest proportions of offshored labor.
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.
