Infosys Limited is upgraded from "Hold" to "Buy," considering a potential third-quarter beat and AI-related positives. INFY is an AI leader, being highly rated by various research organizations and getting involved in over 2,000 related projects. Recent disclosures from IT companies like Accenture and Salesforce signal favorable read-throughs for INFY's upcoming quarter.
The confounding stock move set off speculation in the investment community.
Infosys (INFY) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
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Infosys Limited (NYSE:INFY ) Q2 2026 Earnings Call October 16, 2025 6:45 AM EDT Company Participants Rishi Basu - India & APAC Head - Corporate Communications Salil Parekh - MD, CEO & Director Jayesh Sanghrajka - Chief Financial Officer Conference Call Participants Ritu Singh Jude Sannith Uma Kannan Beena Parmar Jas Bardia Veena Mani Rukmini Rao Sanjana B Presentation Rishi Basu India & APAC Head - Corporate Communications A very good evening, everyone, and thank you for joining Infosys' second quarter financial results. My name is Rishi.
India's Infosys said on Tuesday it has won a 1.2 billion pound ($1.59 billion) deal from the UK's National Health Services Business Services Authority.
Infosys faces near-term headwinds with muted 2QFY26 expectations due to macroeconomic and geopolitical challenges, warranting a HOLD rating. INFY's heavy investment in AI positions it to benefit from a future surge in enterprise AI spending, though timing remains uncertain. Geopolitical risks, especially US protectionist measures, present ongoing challenges for INFY despite limited immediate impact from recent visa policy changes.
I downgrade INFY to hold as macro headwinds and weak North America growth cloud the recovery outlook, despite strong execution. Management's cautious tone and minimal hiring suggest limited near-term growth, making a sharp acceleration to 10% by FY26 unlikely. Large deal wins and strong European growth are positives, but sector and geographic demand remain uneven, constraining upside.
INFY's Q1 revenues rise 4.8% year over year to $4.94 billion, driven by strong segment growth and solid client additions.
Infosys Limited (NYSE:INFY ) Q1 2026 Earnings Conference Call July 23, 2025 8:00 AM ET Company Participants Jayesh Sanghrajka - Chief Financial Officer Salil Satish Parekh - MD, CEO & Director Sandeep Mahindroo - VP, Financial Controller & Head of Investor Relations Conference Call Participants Abhishek Kumar - JM Financial Institutional Securities Limited, Research Division Abhishek Pathak - Motilal Oswal Securities Limited, Research Division Ankur Rudra - JPMorgan Chase & Co, Research Division Apurva Prasad - Unidentified Company Ashwin Mehta - AMBIT Capital Private Limited, Research Division Bryan C. Bergin - TD Cowen, Research Division Keith Frances Bachman - BMO Capital Markets Equity Research Kumar Rakesh - BNP Paribas Exane, Research Division Rishi Jhunjhunwala - IIFL Research Sandeep Shah - Equirus Securities Private Limited, Research Division Surendra Goyal - Citigroup Inc., Research Division Vibhor Singhal - Nuvama Wealth Management Limited, Research Division Yu Wai Lee - Guggenheim Securities, LLC, Research Division Operator Ladies and gentlemen, good day, and welcome to Infosys Limited Q1 FY '26 Earnings Conference Call.
Indian IT giant Infosys on Wednesday increased the lower end of its annual growth forecast for the current fiscal year after reporting better-than-expected results for the June quarter.