Goldman Sachs has expressed optimism about the IT sector, citing improving visibility into CY25 and expectations of a continued earnings recovery. The brokerage has maintained a “buy” rating on Infosys, forecasting 7% year-on-year revenue growth for its coverage in FY26.
The growth outlook is supported by strength in the US economy, particularly in key sectors such as banking, financial services, and insurance (BFSI), as well as the consumer segment. Recent positive commentary from US banks further reinforces Goldman Sachs’ constructive stance on the sector, indicating robust demand for IT services.
Additionally, guidance from Accenture and an improving global IT spending outlook bolster the confidence in sustained growth across the sector. Goldman Sachs believes that these factors will help drive recovery and provide long-term growth opportunities for companies in the IT space.
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This article is for informational purposes only and does not constitute financial advice. Please consult a qualified financial advisor before making investment decisions.