{
  "id": 16562608,
  "title": "Infosys sinks 4% after FY27 guidance cut; 5 brokerages decode the outlook",
  "url": "https://urgent.news/2026/10/26/infosys-sinks-4-after-fy27-guidance-cut-5-brokerages-decode-the",
  "topic": "business",
  "section": "Business",
  "published": "2026-10-26T04:07:28.000Z",
  "source": {
    "name": "The Economic Times - Top News",
    "slug": "the-economic-times-top-news",
    "url": "https://economictimes.indiatimes.com/markets/stocks/news/infosys-shares-fall-4-after-it-major-lowers-fy27-guidance-what-are-goldman-sachs-nomura-others-saying/articleshow/135202432.cms"
  },
  "original_language": "en",
  "account": "Infosys shares plummeted nearly 4% to Rs 1,107 on the NSE following the company's reduced guidance for the fiscal year 2027 (FY27). The IT services giant reported a modest 6% year-on-year growth in its consolidated net profit at Rs 7,823 crore for Q2, compared to Rs 7,364 crore in the previous year. In response to a challenging demand environment, Infosys lowered its revenue growth guidance to 1-2% in constant currency for FY27, down from the earlier range of 1.5-3%. The company's revenue from operations in the reporting period rose 11% year-on-year to Rs 49,244 crore. Analysts decode Infosys outlook after FY27 guidance cut: Nomura maintains a Buy rating with a target price of Rs 1,300, implying a 12.5% upside; Goldman Sachs holds a Neutral rating with a Rs 1,000 target; Morgan Stanley ups its target price to Rs 1,075 from Rs 976, down 6.88% from the closing price; Citi raises its target price to Rs 1,105 from Rs 1,030, indicating a 4.29% downside; Choice Institutional Equities retains a 'Reduce' rating with an estimated FY28E/FY29E EPS at 13x the average; and Margins are projected to remain range-bound due to pricing pressures from heightened competition.",
  "summary": "Infosys shares fell sharply on Monday after the IT major cut its FY27 revenue growth guidance to 1-2% from 1.5-3%, citing pricing pressure and a challenging demand environment. While Nomura remains bullish, Goldman Sachs, Morgan Stanley, Citi and Choice Institutional Equities flag growth concerns, with differing ratings and target prices.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}