INFY
Infosys Limited
INFY trails on the overall score without a compensating advantage in the available component scores.
MU
Micron Technology, Inc.
MU has the edge over INFY overall, supported by stronger modeled upside and stronger fundamentals.
INFY Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Healthy | |
| Healthy | |
| Strong |
INFY's profitability, cash flow and balance sheet are currently healthy, and its revenue is stable.
MU Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Strong | |
| Strong | |
| Strong |
MU's revenue, profitability, cash flow and balance sheet are all currently strong.
INFY PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Current | 15x | $12.29 | — |
| Cheap | 19x | $15.68 | +28% |
| Fair | 25x | $20.29 | +65% |
| Expensive | 31x | $25.44 | +107% |
Historical ranges are pointers, not guarantees.
INFY has the edge over MU in the historical PE scenario, which offers more potential upside but is not a forecast.
MU PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 4.6x | $798 | — |
| Cheap | 10x | $777 | -2.7% |
| Current | 11x | $798 | — |
| Fair | 22x | $1,646 | +106% |
| Expensive | 32x | $2,404 | +201% |
Historical ranges are pointers, not guarantees.
MU's PE is in its cheap range at 11x. If earnings grow as analysts expect, today's price would be 4.6x next year's earnings.
INFY Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Stable | |
| Stable | |
| Stable | |
| Limited | |
| High |
Analysts expect INFY's earnings, revenue and profitability to hold roughly steady.
MU Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Strong growth | |
| Strongly improving | |
| Broad | |
| Moderate |
MU has the edge over INFY on the outlook, with more favorable earnings and revenue expectations.
INFY Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | $0.81 | +3.8% |
| Q2 2026 | $0.81 | +5.2% |
| Q1 2026 | $0.80 | +5.3% |
| Q4 2025 | $0.77 | -2.5% |
| Q3 2025 | $0.78 | 0% |
| Q2 2025 | $0.77 | 0% |
| Q1 2025 | $0.76 | 0% |
| Q4 2024 | $0.79 | +11% |
INFY earned $0.81 per share over the past year, up 3.8% from the year before.
MU Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $174.95 | +135% |
| Q3 2026 | $74.33 | +879% |
| Q2 2026 | $44.17 | +693% |
| Q1 2026 | $21.18 | +405% |
| Q4 2025 | $10.52 | +201% |
| Q3 2025 | $7.59 | +984% |
| Q2 2025 | $5.57 | +$6.99 |
| Q1 2025 | $4.19 | +$7.64 |
| Q4 2024 | $3.49 | +$9.77 |
MU has the edge over INFY on earnings, with more consistent year-over-year improvement.
INFY Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $5.2B | +1.5% |
| Q2 2026 | $5.1B | +2.9% |
| Q1 2026 | $5B | +6.6% |
| Q4 2025 | $5.1B | +3.2% |
| Q3 2025 | $5.1B | +3.7% |
| Q2 2025 | $4.9B | +4.8% |
| Q1 2025 | $4.7B | +3.6% |
| Q4 2024 | $4.9B | +5.9% |
INFY's revenue has grown year over year every quarter since late 2020: $5.2B last quarter, up 1.5% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 21% | +0.3 points |
| Q2 2026 | 21% | +0.3 points |
| Q1 2026 | 21% | 0 points |
| Q4 2025 | 18% | -2.9 points |
| Q3 2025 | 21% | -0.1 points |
| Q2 2025 | 21% | -0.3 points |
| Q1 2025 | 21% | +0.9 points |
| Q4 2024 | 21% | +0.8 points |
INFY's operating margin was 21% last quarter, about level with the same quarter a year ago.
MU Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $54.2B | +379% |
| Q2 2026 | $41.5B | +346% |
| Q1 2026 | $23.9B | +196% |
| Q4 2025 | $13.6B | +57% |
| Q3 2025 | $11.3B | +46% |
| Q2 2025 | $9.3B | +37% |
| Q1 2025 | $8.1B | +38% |
| Q4 2024 | $8.7B | +84% |
MU has the edge over INFY on sales, with stronger typical year-over-year growth.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 81% | +48 points |
| Q2 2026 | 80% | +57 points |
| Q1 2026 | 68% | +46 points |
| Q4 2025 | 45% | +20 points |
| Q3 2025 | 32% | +13 points |
| Q2 2025 | 23% | +13 points |
| Q1 2025 | 22% | +19 points |
| Q4 2024 | 25% | +49 points |
MU has the edge over INFY on profitability, with a higher operating margin.
INFY Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $947.4M | -14% |
| Q2 2026 | $970M | +9.7% |
| Q1 2026 | $833M | -6.6% |
| Q4 2025 | $915M | -29% |
| Q3 2025 | $1.1B | +27% |
| Q2 2025 | $884M | -19% |
| Q1 2025 | $892M | +5.2% |
| Q4 2024 | $1.3B | +95% |
INFY's free cash flow has been positive every quarter for seven years: $3.7B over the past year, down 12% from the year before.
MU Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $32.9B | +45543% |
| Q2 2026 | $17.6B | +951% |
| Q1 2026 | $5.5B | +$5.6B |
| Q4 2025 | $3B | +7853% |
| Q3 2025 | $72M | -75% |
| Q2 2025 | $1.7B | +322% |
| Q1 2025 | -$113M | +$52M |
| Q4 2024 | $38M | +$433M |
MU has the edge over INFY on cash flow, with more consistent year-over-year improvement.
INFY Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -1% | -40.7M shares |
| 1 year | -4.8% | -204M shares |
| 3 years | -2.1% | -88.5M shares |
| 5 years | -6% | -257M shares |
| Available history | -2.9% | -119M shares |
INFY has the edge over MU on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | — |
| Q2 2026 | — |
| Q1 2026 | $1M |
| Q4 2025 | $2B |
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | — |
| Q4 2024 | — |
INFY spent $2B buying back its own shares over the past year, after none the year before.
MU Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.2% | -2M shares |
| 1 year | +1.6% | +18M shares |
| 3 years | +4.6% | +50M shares |
| 5 years | +0.2% | +2M shares |
| Available history | +1.2% | +14M shares |
MU has 1.1B diluted shares, up 1.6% from a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | — |
| Q2 2026 | — |
| Q1 2026 | $350M |
| Q4 2025 | $300M |
| Q3 2024 | $300M |
| Q2 2024 | — |
| Q1 2024 | — |
| Q4 2023 | — |
MU has spent almost nothing on buybacks in the past year.
INFY Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.3x | Net Cash |
| Q2 2026 | -0.3x | Net Cash |
| Q1 2026 | -0.3x | Net Cash |
| Q4 2025 | -0.3x | Net Cash |
| Q3 2025 | -0.5x | Net Cash |
| Q2 2025 | -0.5x | Net Cash |
| Q1 2025 | -0.4x | Net Cash |
| Q4 2024 | -0.3x | Net Cash |
INFY has more cash than debt.
MU Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.3x | Net Cash |
| Q2 2026 | -0.3x | Net Cash |
| Q1 2026 | -0.1x | Net Cash |
| Q4 2025 | 0.1x | Very low |
| Q3 2025 | 0.3x | Very low |
| Q2 2025 | 0.3x | Very low |
| Q1 2025 | 0.5x | Very low |
| Q4 2024 | 0.6x | Very low |
MU has more cash than debt.
INFY Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 50.7 | Neutral |
| Stochastic | 73.2 | Neutral |
INFY's weekly RSI is 51 (neutral) and its Stochastic is 73 (neutral).
MU Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 47.1 | Neutral |
| Stochastic | 26.9 | Neutral |
MU's weekly RSI is 47 (neutral) and its Stochastic is 27 (neutral).
INFY PE vs Technology Sector
| Metric | INFY | Sector median | Relative |
|---|---|---|---|
| PE | 15x | 28x | 46% below |
| PE % | 6 | 35 | 29 pts below |
INFY is trading at 15x earnings, a 46% discount to the Technology sector's median of 28x.
MU PE vs Technology Sector
| Metric | MU | Sector median | Relative |
|---|---|---|---|
| PE | 11x | 28x | 61% below |
| PE % | 18 | 35 | 17 pts below |
MU has the edge over INFY on valuation relative to its sector.
INFY Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $11.8 | 4.3% above |
| 20 week MA | $11.7 | 5.4% above |
| 50 week MA | $13.5 | 9% below |
| 100 week MA | $15.9 | 23% below |
| 200 week MA | $17.3 | 29% below |
INFY has bounced recently, but its long-term trend is still down: it's above its 8- and 20-week averages, but 29% below its 200-week average.
MU Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $914.5 | 13% below |
| 20 week MA | $931.0 | 14% below |
| 50 week MA | $685.9 | 16% above |
| 100 week MA | $405.4 | 97% above |
| 200 week MA | $246.0 | 225% above |
MU has the edge over INFY on trend strength, trading above more of its moving averages.
INFY Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $10.3 | $16.6 | +62% |
| 2021 | $16.6 | $24.7 | +49% |
| 2022 | $24.7 | $17.9 | -28% |
| 2023 | $17.9 | $18.4 | +2.6% |
| 2024 | $18.4 | $22.5 | +22% |
| 2025 | $22.5 | $18.8 | -16% |
| 2026 YTD | $18.8 | $12.3 | -35% |
INFY is down 35% so far in 2026, after finishing higher in four of the previous six years.
MU Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $54.0 | $70.6 | +31% |
| 2021 | $70.6 | $94.4 | +34% |
| 2022 | $94.4 | $50.2 | -47% |
| 2023 | $50.2 | $85.3 | +70% |
| 2024 | $85.3 | $88.6 | +3.9% |
| 2025 | $88.6 | $284.8 | +221% |
| 2026 YTD | $284.8 | $798.4 | +180% |
MU has the edge over INFY on returns for 2026, with the stronger performance.