Persistent Systems: To Discuss With Goldman Sachs Asset Management On July 1 At 10:30 AM

 30 Jun 2026 04:45 PM

Persistent Systems: To Discuss With Goldman Sachs Asset Management On July 1 At 10:30 AM

Persistent Systems: CLSA on Persistent Systems High Conviction Outperform, Target Price ₹6,520, citing the acquisition of Nagarro at attractive valuations despite a 140% premium, expected ~6% EPS accretion, stronger digital engineering capabilities, and support for Persistent’s FY31 revenue target of US$5bn.

 29 Jun 2026 08:59 AM

Persistent Systems: CLSA on Persistent Systems High Conviction Outperform, Target Price ₹6,520, citing the acquisition of Nagarro at attractive valuations despite a 140% premium, expected ~6% EPS accretion, stronger digital engineering capabilities, and support for Persistent’s FY31 revenue target of US$5bn.

Persistent Systems: Nomura on Persistent Systems Neutral, Target Price ₹5,200, citing the planned 100% acquisition and delisting of Munich-based Nagarro (initial 21% stake), adding €1bn revenue, 18,500 employees across 40+ countries, strong European presence, diversified vertical exposure, and ~14% EBITDA margins.

 29 Jun 2026 08:59 AM

Persistent Systems: Nomura on Persistent Systems Neutral, Target Price ₹5,200, citing the planned 100% acquisition and delisting of Munich-based Nagarro (initial 21% stake), adding €1bn revenue, 18,500 employees across 40+ countries, strong European presence, diversified vertical exposure, and ~14% EBITDA margins.

Persistent Systems: Co's Nagarro Acquisition May Cause Short-Term Struggles But Could Lead To Long-Term Benefits. - ET

 29 Jun 2026 08:47 AM

Persistent Systems: Co's Nagarro Acquisition May Cause Short-Term Struggles But Could Lead To Long-Term Benefits. - ET

Persistent Systems: Company And Nagarro Enter Agreement To Create Persistent-Nagarro Group For AI-Driven Digital Engineering

 27 Jun 2026 03:07 PM

Persistent Systems: Company And Nagarro Enter Agreement To Create Persistent-Nagarro Group For AI-Driven Digital Engineering

Persistent Systems: BoFA Securities on Persistent Systems: Outperform, Target Price ₹4,875, citing its strong positioning among mid-cap IT firms with returns driven by AI strategy execution, balance-sheet discipline, and scalable growth supported by a durable competitive moat.

 25 Jun 2026 08:35 AM

Persistent Systems: BoFA Securities on Persistent Systems: Outperform, Target Price ₹4,875, citing its strong positioning among mid-cap IT firms with returns driven by AI strategy execution, balance-sheet discipline, and scalable growth supported by a durable competitive moat.

Persistent Systems: Teams Up With San Francisco Unicorns As Official AI Partner For 2026 Major League Cricket Season, Aiming For Innovation In Performance Sports Through AI And Data.

 15 Jun 2026 12:37 PM

Persistent Systems: Teams Up With San Francisco Unicorns As Official AI Partner For 2026 Major League Cricket Season, Aiming For Innovation In Performance Sports Through AI And Data.

Persistent Systems: Teams Up With Databricks And Milwaukee School Of Engineering To Boost AI Engineering Talent; Initiative Features AI Hackathon For Students To Get Practical Experience In Enterprise AI Systems.

 04 Jun 2026 12:39 PM

Persistent Systems: Teams Up With Databricks And Milwaukee School Of Engineering To Boost AI Engineering Talent; Initiative Features AI Hackathon For Students To Get Practical Experience In Enterprise AI Systems.

Persistent Systems: Expands in Eastern Europe by Adding Over 90 Professionals from Concise to Boost Nearshore Services and Support AI Transformations.

 01 Jun 2026 12:01 PM

Persistent Systems: Expands in Eastern Europe by Adding Over 90 Professionals from Concise to Boost Nearshore Services and Support AI Transformations.

Persistent Systems: Co. Partners With Kong To Aid Businesses In Securely Implementing AI.

 25 May 2026 12:31 PM

Persistent Systems: Co. Partners With Kong To Aid Businesses In Securely Implementing AI.

Persistent Systems: Launches “AI Value Compass” With IIM Ahmedabad To Improve AI Investments; Framework Focuses On Prioritizing, Governing, Measuring, And Expanding AI Projects.

 20 May 2026 12:37 PM

Persistent Systems: Launches “AI Value Compass” With IIM Ahmedabad To Improve AI Investments; Framework Focuses On Prioritizing, Governing, Measuring, And Expanding AI Projects.

Persistent Systems: Google Cloud Acknowledges Company for Enhancing AI-Driven Supply Chain Changes.

 19 May 2026 12:33 PM

Persistent Systems: Google Cloud Acknowledges Company for Enhancing AI-Driven Supply Chain Changes.

Persistent Systems: Gains Databricks BrickBuilder Specialization For Healthcare & Life Sciences, Enhancing Data And AI Solutions For Regulated Sectors.

 07 May 2026 12:31 PM

Persistent Systems: Gains Databricks BrickBuilder Specialization For Healthcare & Life Sciences, Enhancing Data And AI Solutions For Regulated Sectors.

Persistent Systems: Co. Partners With IIT Kharagpur To Establish AI Innovation Lab; Focus On AI Research, Talent Development, And Industry-academia Collaboration.

 05 May 2026 12:36 PM

Persistent Systems: Co. Partners With IIT Kharagpur To Establish AI Innovation Lab; Focus On AI Research, Talent Development, And Industry-academia Collaboration.

Persistent Systems: CLSA on Persistent Systems Outperform with Target Price ₹6,520 (cut) as steady performance despite “Saaspocalypse”/AI-led IT deflation, with stable revenue growth, order booking and revenue per employee, but margin miss due to higher software license sales and revised FY27 $2bn revenue target timeline with 16–17% EBIT margin guidance.

 22 Apr 2026 08:55 AM

Persistent Systems: CLSA on Persistent Systems Outperform with Target Price ₹6,520 (cut) as steady performance despite “Saaspocalypse”/AI-led IT deflation, with stable revenue growth, order booking and revenue per employee, but margin miss due to higher software license sales and revised FY27 $2bn revenue target timeline with 16–17% EBIT margin guidance.

Persistent Systems: Citigroup on Persistent Systems Sell with Target Price ₹4,230 as 4Q EBIT broadly in line but weak <2% QoQ IT services growth and rising software license costs (+110bps), despite decent forward indicators like 1.08x book-to-bill, ~12% YoY headcount growth and $2bn FY27 annualised revenue aspiration, with valuation at ~36x FY27E earnings.

 22 Apr 2026 08:55 AM

Persistent Systems: Citigroup on Persistent Systems Sell with Target Price ₹4,230 as 4Q EBIT broadly in line but weak <2% QoQ IT services growth and rising software license costs (+110bps), despite decent forward indicators like 1.08x book-to-bill, ~12% YoY headcount growth and $2bn FY27 annualised revenue aspiration, with valuation at ~36x FY27E earnings.

Persistent Systems: HSBC on Persistent Systems Hold with Target Price ₹5,755 as sector-leading growth continues but FY27 outlook slightly softer, strong ability to backfill top-client weakness without margin impact, and premium valuation (~100% above sector average) limiting upside.

 22 Apr 2026 08:55 AM

Persistent Systems: HSBC on Persistent Systems Hold with Target Price ₹5,755 as sector-leading growth continues but FY27 outlook slightly softer, strong ability to backfill top-client weakness without margin impact, and premium valuation (~100% above sector average) limiting upside.

Persistent Systems: JPMorgan on Persistent Systems Overweight with Target Price ₹5,900 as 4Q mixed with revenue beat (3.4% CC QoQ) led by healthcare, margin miss but ~17% adjusted EBIT margin base, strong TCV/ACV growth supporting FY27 outlook, with Persistent expected to remain fastest-growing IT company over next three years.

 22 Apr 2026 08:55 AM

Persistent Systems: JPMorgan on Persistent Systems Overweight with Target Price ₹5,900 as 4Q mixed with revenue beat (3.4% CC QoQ) led by healthcare, margin miss but ~17% adjusted EBIT margin base, strong TCV/ACV growth supporting FY27 outlook, with Persistent expected to remain fastest-growing IT company over next three years.

Persistent Systems: Nomura on Persistent Systems Neutral with Target Price ₹5,200 as 4QFY26 modest miss with margins impacted by corporate development expenses, management reiterating $2bn FY27 run-rate target, while FY27-28 EPS cut by 2-4% and rich valuation limiting upside.

 22 Apr 2026 08:55 AM

Persistent Systems: Nomura on Persistent Systems Neutral with Target Price ₹5,200 as 4QFY26 modest miss with margins impacted by corporate development expenses, management reiterating $2bn FY27 run-rate target, while FY27-28 EPS cut by 2-4% and rich valuation limiting upside.

Persistent Systems: Eyes Near $2 Billion Annual Run Rate By Q4 FY27, Reaching Goal Within One Quarter Of Target

 22 Apr 2026 07:49 AM

Persistent Systems: Eyes Near $2 Billion Annual Run Rate By Q4 FY27, Reaching Goal Within One Quarter Of Target