Infosys Raises FY26 Revenue Guidance Amid Mixed Q3 Results; Brokerages Maintain Buy Ratings

Infosys reported a 0.6% sequential revenue growth in Q3FY26, with adjusted EBIT margin around 21.2%, slightly above estimates. Despite a 2% year-on-year dip in net profit, the company raised its FY26 revenue growth guidance to 3-3.5% in constant currency, citing strong large deal wins and AI-driven opportunities, especially in BFSI and Energy sectors. Brokerages including Motilal Oswal, Nomura, Emkay, and Nuvama maintain buy ratings with target prices ranging from Rs 1,750 to Rs 2,200, reflecting 13-37% upside potential amid stable margins and growth visibility.