Infosys' implied fair value has dropped roughly 14% to about ₹1,199.02 after multiple analysts reduced their price targets following a first-quarter miss and guidance reset. Revenue growth expectations have been trimmed to about 3.15% from roughly 3.70%, while the net profit margin edged down to about 16.19% from roughly 16.29%. The forward P/E multiple was adjusted to about 20.26x from roughly 23.09x, and the discount rate rose to about 15.58% from roughly 15.20%. Among the bearish revisions, JPMorgan cut its target from US$16.80 to US$12.70 and later to US$10.90, HSBC trimmed from US$14.24 to US$11.47 and to ₹1,110, and other firms including TD Cowen, BMO Capital, and Susquehanna also lowered their targets, citing weaker organic growth, pricing pressure, contract issues, and AI-related productivity effects.
HSBC Holdings PLC
Wells Fargo & Company
Infosys Ltd ADR
JPMorgan Chase & Co