Infosys Shares Edge Higher Ahead of Q3 Results; Brokerages Eye AI-Driven Growth

• Infosys shares rose 0.3% to Rs 1,603 on January 14, prior to its Q3 results announcement.
• Analysts, on average, anticipate Q3 consolidated revenue of Rs 45,227 crore, up from Rs 41,764 crore last year.
• Infosys is not expected to upgrade its 2026 annual revenue forecast of 3% to 5%.
• Motilal Oswal Financial Services projects a 33% upside potential for Infosys stock, reiterating a BUY rating.
• Infosys's strategic collaboration with Cognition to deploy DEVIN, an AI software engineer, is highlighted as a key growth driver.

Why It Matters: Infosys shares show slight gains as Q3 results approach, with brokerages optimistic about AI-driven growth.