Infosys Share Price: Brokerages positive but flag weak H2 outlook - Check new targets

Infosys Share Price Target 2025: Following Infosys’ second-quarter results, global brokerages maintained a largely positive view on the IT bellwether, highlighting steady deal wins, margin stability, and strong cost control. However, they also cautioned about a soft second half of FY26.

Infosys Share Price Target 2025

- CLSA maintained Accumulate, raising its target to Rs 1,779 (from Rs 1,726).

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- JP Morgan kept an Overweight rating, lifting its target to Rs 2,000 (from Rs 1,900), citing strong deal traction.

- Jefferies maintained Buy but cut its target to Rs 1,700 (from Rs 1,750), saying Q2 was in line but H2 looks soft.

- Citi stayed Neutral with a target of Rs 1,525, awaiting better visibility on US tech spending.

- HSBC reiterated Buy with a target of Rs 1,720, noting steady margins aided by cost control, rupee weakness, and AI productivity gains.

- Nomura also retained Buy with a Rs 1,720 target, expecting margins around 21 per cent in FY26 and 6 per cent EPS CAGR over FY26–28.

Infosys Q2 Results Highlights

Infosys reported a 13 per cent year-on-year (YoY) increase in consolidated net profit at Rs 7,364 crore for the July–September quarter (Q2 FY26), compared with Rs 6,506 crore in the same period last year. On a quarter-on-quarter (QoQ) basis, profit rose nearly 5 per cent from Rs 6,921 crore.

Revenue stood at Rs 44,490 crore, up 8.6 per cent YoY from Rs 40,986 crore. In constant currency terms, the company delivered 2.2 per cent QoQ growth, supported by large deal wins worth US$3.1 billion.

Infosys raised the lower end of its FY26 revenue growth guidance by 100 basis points to 2–3 per cent YoY in constant currency, showing confidence despite a muted global tech spending environment.

Infosys Share Price

Infosys shares are currently trading 1.39 per cent lower at Rs 1,451 on the NSE on Friday. The stock opened at Rs 1,454.90, hit a high of Rs 1,458.40, and a low of Rs 1,447.30 during the session. Its market capitalisation stood at Rs 6.01 lakh crore. The stock’s 52-week high is Rs 2,006.45, and the 52-week low is Rs 1,307.00.