Infosys hit by analyst downgrades and price-target cuts after FY2027 outlook trimmed to 1.5%-3%
AI Market Summary
Infosys cut FY2027 constant-currency revenue growth guidance (upper end reduced to 3%) and narrowed organic growth to -0.2% to 1.3%, prompting downgrades from HSBC and JPMorgan citing weak demand, AI-driven price deflation, Daimler execution issues, and an EURS contract termination. The ADR drop and large YTD decline reinforce near-term caution, potentially weighing on broader Indian IT sentiment and the Nifty.
Impact level
● Medium
Affected assets
NCSINIFTY52USD/USDT+0.13%
AI Insight · NCSINIFTY52USD/USDTAI Insight
▼ Bearish
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Infosys lowered the upper end of its FY2027 revenue growth guidance by 50 basis points to 3% and narrowed its organic growth outlook to -0.2% to 1.3% after its first-quarter results. HSBC and JPMorgan downgraded the stock to “hold” and “neutral,” citing weak demand, AI-related pricing deflation, issues on the Daimler project and the termination of an EURS contract. The company’s ADRs fell 2.5% overnight, and the stock is down 35% so far this year.
