JP Morgan Reiterates Buy Rating on Infosys

JP Morgan has reiterated its buy rating on Infosys Limited (NYSE:INFY), maintaining a price target of $12.7. The announcement came on June 24, 2026, with Infosys shares trading at $10.79 on that Wednesday.

Other Institutional Activity in Infosys

Morgan Stanley reduced its holdings in Infosys by 8,174,618 shares, now holding 42,752,938 shares valued at about $577.6 million, a 16.1% decrease. Robeco Institutional Asset Management B.V. increased its stake by 4,196,786 shares, bringing its total to 38,569,713 shares worth approximately $521.1 million, a 12.2% increase. Lazard Asset Management LLC also boosted its position by 3,893,801 shares, ending with 26,776,494 shares valued at $361.8 million, a 17% increase. Meanwhile, UBS Group AG added 2,873,870 shares, totaling 20,656,729 shares valued at $279.1 million, reflecting a 16.2% increase.

Infosys Limited Stock Down 10.5%

Shares of Infosys Limited traded near $10.79 on Wednesday. The company has a market cap of approximately $43.6 billion and a P/E ratio of 13.46, with a forward P/E of 12.17. Infosys has a 52-week low of $10.46 and a high of $30.00. Its 50-day moving average is $12.66, while the 200-day moving average stands at $15.51. The company maintains a current ratio of 1.98 and a quick ratio of 1.72, with a debt-to-equity ratio of 9.83.

Recent Earnings

Infosys reported revenue of $20.16 billion, showing a growth of 6.6%. The company's net margin was 16.4%, with a return on equity of 31.4%. Earnings per share stood at $0.80. The next earnings report is expected on July 23, 2026.

Dividend

Infosys offers an annual dividend rate of $0.52, yielding 4.9%. The dividend payout ratio is 64.46%.

Insider Buying and Selling at Infosys Limited

On May 14, 2026, Chief Financial Officer Sanghrajka Jayesh sold 5,191 shares at an average price of $1,091.36. Chief Human Resources Officer Mathew Shaji also sold 740 shares at the same price. Chief Legal Officer Inderpreet Sawhney sold 6,845 shares at $11.77 on the same day. Earlier, on March 31, 2026, Sawhney bought 4,880 shares at $0.10 and sold the same amount on the same day.

Analysts Set New Price Targets

On June 24, 2026, JP Morgan maintained its buy rating on Infosys with a $12.7 price target. BMO Capital and Susquehanna both maintained their hold ratings with targets of $15.0 and $14.0, respectively, on April 24, 2026. The consensus among 11 analysts is a buy recommendation, with a mean price target of $15.11.

About Infosys

Infosys Limited, headquartered in Bengaluru, India, is a global provider of consulting, technology, outsourcing, and digital services. The company operates in the technology sector, specifically in information technology services. Led by CEO Salil Satish Parekh, Infosys employs over 328,000 people worldwide. The company offers a wide range of services including digital marketing, AI, blockchain, and cloud services, and serves industries such as aerospace, automotive, and healthcare.

Bottom Line

JP Morgan's reiterated buy rating on Infosys reflects continued confidence in the company's market position. Investors follow these ratings closely, as they provide insights into the company's potential. It's important to remember that these ratings are based on past performance and market conditions, and may not reflect future outcomes.