William Blair analyst Maggie Nolan has maintained their neutral stance on INFY stock, giving a Hold rating today.
Maggie Nolan’s rating is based on several factors influencing Infosys’s current financial outlook. The company reported a slight increase in revenue for the fiscal fourth quarter, surpassing consensus estimates, yet it experienced a sequential decline. Despite the expansion in operating margins due to efficiency initiatives like Project Maximus, the initial revenue guidance for fiscal 2026 fell short of expectations, indicating potential challenges ahead.
Furthermore, while Infosys has seen some improvement in large deal wins, the overall demand environment remains uncertain due to macroeconomic and political factors. This uncertainty, coupled with a cautious outlook from clients and an unclear long-term margin profile, has led to a conservative stance. As a result, Maggie Nolan has opted for a Hold rating, reflecting a balanced view of the potential risks and opportunities facing Infosys.
In another report released today, TD Cowen also maintained a Hold rating on the stock with a $17.00 price target.