Infosys Share Price Target 2026: Domestic brokerage firm Motilal Oswal has recommended Buy rating on Infosys shares after the Q4 results for FY2026. The brokerage, however, said that Infosys will have to navigate through a tough road ahead.
Motilal Oswal said that it has cut Infosys' FY27E/ FY28E EPS estimates by 2–4 per cent to reflect lower growth assumptions and continued pricing pressure from AI-led deflation, partly cushioned by lower taxes. The brokerage said that near-term growth remains constrained, with guidance implying 2.5 per cent organic growth.
Infosys Share Price Target 2026
Motilal Oswal has set the Infosys share price target at Rs 1,450. The Infosys share price target set by Motilal Oswal imples yingan upside of 17 per cent from the CMP of Rs 1,241.
Motilal Oswal said that Infosys guidance for FY27 is maintained at 1.5-3.5 per cent YoY cc versus its expectation of 1.5-4.5 per cent YoY CC.
Adjusted EBIT margin guidance was maintained in the 20-22 per cent range. Infosys' large deal TCV stood at USD 3.2 billion, down 33.3 per cent QoQ. The book-to-bill ratio was 0.6.
According to Motilal Oswal, Infosys' guidance reflects increasing pressure on the existing book of business. The guidance was below its estimates at the top end.
Motilal Oswal said that it assumes Infosys to grow at the mid-point of FY27 guidance (2.5 per cent organic), which is a deceleration vs FY26 (3.1 per cent CC). It estimates FY27E/ FY28E revenue growth at 3.7 per cent/ 3.9 per cent YoY CC.
Infosys Dividend 2026 Announcement
Meanwhile, the board of Infosys has recommended a final dividend of 500 per cent or Rs 25 per share of Rs 5 face value.
"Recommended a final dividend of Rs 25 per equity share for the financial year ended March 31, 2026," Infosys said in a filing.
Infosys Dividend 2026 Record Date
Infosys has set June 10 as the dividend record date and June 25 as the payment date.
"The record date for the purpose of payment of final dividend is June 10, 2026, and the dividend will be paid on June 25, 2026," Infosys said.
Infosys is India's second-largest IT services company. Infosys share price closed 2.90 per cent lower at Rs 1,231.80 on Thursday (April 23, 2026).
