The revised price target of INR2,250 is based on a price-to-earnings (PE) multiple of 29 times, as mentioned by the Jefferies analyst. According to InvestingPro data, Infosys (NS:INFY) currently trades at a P/E ratio of 28.6x, suggesting the stock is slightly overvalued compared to its Fair Value.
The endorsement of the Buy rating alongside the new price target reflects the firm's confidence in Infosys' performance and its potential for continued growth in the coming years. For deeper insights into Infosys's valuation and growth prospects, including 13 additional ProTips and comprehensive financial metrics, explore the full Pro Research Report available on InvestingPro.
The revised price target of INR2,250 is based on a price-to-earnings (PE) multiple of 29 times, as mentioned by the Jefferies analyst. According to InvestingPro data, Infosys currently trades at a P/E ratio of 28.6x, suggesting the stock is slightly overvalued compared to its Fair Value. The endorsement of the Buy rating alongside the new price target reflects the firm's confidence in Infosys' performance and its potential for continued growth in the coming years. For deeper insights into Infosys's valuation and growth prospects, including 13 additional ProTips and comprehensive financial metrics, explore the full Pro Research Report available on InvestingPro.
In response to the third-quarter results and the raised guidance, Jefferies has increased its earnings estimates for Infosys by 2-3%. The firm anticipates that Infosys will achieve an approximate 11% earnings per share (EPS) compound annual growth rate (CAGR) over the period from FY25 to FY27.
The revised price target of INR2,250 is based on a price-to-earnings (PE) multiple of 29 times, as mentioned by the Jefferies analyst. According to InvestingPro data, Infosys currently trades at a P/E ratio of 28.6x, suggesting the stock is slightly overvalued compared to its Fair Value. The endorsement of the Buy rating alongside the new price target reflects the firm's confidence in Infosys' performance and its potential for continued growth in the coming years. For deeper insights into Infosys's valuation and growth prospects, including 13 additional ProTips and comprehensive financial metrics, explore the full Pro Research Report available on InvestingPro.
In other recent news, Infosys has been the subject of various financial forecasts and ratings adjustments. Morgan Stanley (NYSE:MS) maintained an Overweight rating on Infosys, predicting a revenue growth and potential upward surprises in performance for the fiscal years 2025 and 2026. The firm's analysts also anticipate Infosys to secure large deals, estimating the total contract value for significant agreements in the third quarter of fiscal year 2025 to be between $3.5 to $4.0 billion.
Meanwhile, ICICI Securities upgraded Infosys stock from Add to Buy, reflecting a positive outlook on the company's potential to capitalize on increased discretionary spending forecasted for the fiscal year 2026. Axis Capital (NYSE:AXS) Limited also revised its stance on Infosys, elevating the stock from a 'Reduce' rating to an 'Add' status.
Furthermore, Infosys has expanded its partnership with Meta Platforms (NASDAQ:META), Inc. for AI innovation, establishing a Meta center of excellence aimed at expediting the adoption of Meta's Llama stack. BMO Capital Markets increased the price target for Infosys from $23.00 to $25.00, recognizing early signs of improvement in the demand environment, particularly for smaller deals.
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