Infosys (INFY)

• Market cap: $94.1B
• 1 day: -2.95%
• 5 days: -2.66%
• 1 month: 3.37%
• 3 months: -0.53%
• 6 months: 24.41%
• Year to date: 25.72%
• 1 year: 23.40%
• 5 years: 120.89%
• 10 years: 183.06%

About: Infosys is a leading global IT services provider, with nearly 250,000 employees. Based in Bengaluru, the Indian IT services firm leverages its offshore outsourcing model to derive 60% of its revenue from North America. The company offers traditional IT services offerings: consulting, managed services and cloud infrastructure services, and business process outsourcing as a service.

Employees: 317,788

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

111% more first-time investments, than exits

New positions opened: 80 | Existing positions closed: 38

19% more call options, than puts

Call options by funds: $49.7M | Put options by funds: $41.8M

11% more funds holding in top 10

Funds holding in top 10: 9 [Q2] → 10 (+1) [Q3]

10% more funds holding

Funds holding: 423 [Q2] → 465 (+42) [Q3]

9% more repeat investments, than reductions

Existing positions increased: 168 | Existing positions reduced: 154

1.18% less ownership

Funds ownership: 12.1% [Q2] → 10.91% (-1.18%) [Q3]

44% less capital invested

Capital invested by funds: $18B [Q2] → $10B (-$8B) [Q3]

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

• Low target: $25 10% upside
• Avg. target: $25 10% upside
• High target: $25 10% upside

1 analyst rating

• positive: 0 0%
• neutral: 1 100%
• negative: 0 0%

BMO Capital Keith Bachman 80% 1-year accuracy 47 / 59 met price target

10% upside $25

Market Perform Maintained

18 Oct 2024