Infosys likely to post soft 2027 forecast as Iran conflict clouds demand, Guggenheim says

Infosys

21/04/2026 09:22

** West Asia tensions creating uncertainty for FY27 deal activity, which could keep revenue growth muted and make the first half of 2027 softer than usual for Infosys - Guggenheim

** "We expect Middle-East-related conflicts have driven enterprises to reevaluate budgets in recent weeks, which may translate to relative caution in INFY's outlook," - Guggenheim

** However, brokerage says Q4 "appears relatively healthy",

** Says it continues to expect large deal ramps to help buoy revenue growth amid a lack of rebound in discretionary spending

** Infosys INFY.NS is scheduled to report its Q4 results on April 24

** INFY trades at a forward 12-month PE of 16.98 vs industry median of 19.37

** Guggenheim reiterates 'Neutral' rating as "we continue to see balanced risk/reward over the medium term,"

** YTD, INFY down 18.7% vs 16.3% fall in the Nifty IT Index .NIFTYIT

(Reporting by Abhinav Parmar in Bengaluru)

((Abhinav.Parmar@thomsonreuters.com;))