Infosys expands Truist collaboration: Infosys stock costs EUR 10.83 ahead of October 23

Published on 10/20/2026 at 09:44 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Infosys expanded its Truist collaboration on October 19, 2026. Infosys stock costs EUR 10.83 on October 20, 2026 before October 23 results.

Company events and trading context

Infosys expanded its Truist collaboration on October 19, 2026.
Goldman Sachs maintained a Hold rating and a USD 10.40 target on October 1, 2026.
Infosys stock trades at EUR 10.83 at 9:36 a.m. CEST at Lang & Schwarz on October 20, 2026.
Infosys will announce second-quarter results on October 23, 2026.

Infosys, US4567881085, Illustration mit AI erstellt.

Infosys (ISIN US4567881085) was trading at EUR 10.83 at Lang & Schwarz on October 20, 2026, as the technology company prepared to report its second-quarter results. Infosys said on October 19, 2026, that it had expanded its collaboration with Truist to support the bank's AI-first global capability center in Hyderabad.

Truist collaboration adds context

The announcement extends Infosys' recent push into artificial intelligence services for large financial institutions. The company also announced a strategic collaboration with Columbia University on October 1, 2026, focused on deep research and artificial intelligence applications, according to Infosys.

What matters before results?

The next measurable test is the quarter ended September 30, 2026. Infosys will announce those results on October 23, 2026, while the board will also consider a dividend, according to Infosys. The company has scheduled management comments for 4:30 p.m. IST and an earnings conference call for 6:00 p.m. IST on the same date.

Three dates shape the setup

On October 1, 2026, Infosys announced its Columbia University collaboration. On October 19, 2026, it expanded the Truist relationship. Also on October 19, 2026, it confirmed the October 23 results date. Together, the announcements put client activity and quarterly execution at the center of the near-term picture.

Goldman Sachs maintained a Hold rating and set a USD 10.40 price target on October 1, 2026, according to MarketBeat. MarketBeat also cited a consensus rating of Reduce and a USD 11.45 consensus target. The target remains below the October 19 US close of USD 12.20.

Stock stays below its yearly high

On the NYSE, Infosys closed at USD 12.20 on October 19, 2026. Its USD 10.12 to USD 30.00 52-week range places the close 59.33 percent below the high, a wide valuation gap that keeps the upcoming results important for the market's view of growth.

Infosys was trading at EUR 10.83 at Lang & Schwarz on October 20, 2026 at 9:36 a.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Infosys stock.