Infosys shares decline following earnings miss and analyst downgrades

Infosys Ltd. is facing downward pressure on its share price following a Q1 earnings miss and reduced guidance for fiscal year 2027. The company's stock has seen declines in pre-market trading, reflecting broader cautious sentiment within the Indian IT sector.

Brokerages have responded with several downgrades and lowered price targets. Among the ten firms covering the stock, two have issued sell recommendations while eight have assigned hold ratings. Specific analysts at Susquehanna, Weiss Ratings, HSBC, Wells Fargo, and TD Cowen have recently adjusted their price objectives or ratings, contributing to a consensus rating of ‘Reduce’ from several brokerage groups.