Wipro (WIT) Stock Forecast, Price Target & Predictions
WIT Stock Forecast
Wipro stock forecast is as follows: an average price target of $7.00 (represents a 90.22% upside from WIT’s last price of $3.68) and a rating consensus of 'Hold', based on 6 wall street analysts offering a 1-year stock forecast.
WIT Price Target
The average price target for Wipro (WIT) is $7.00 based on 1-year price targets from 6 Wall Street analysts in the past 3 months, with a price target range of $7.00 to $7.00. This represents a potential 90.22% upside from WIT's last price of $3.68.
WIT Analyst Ratings
According to 6 Wall Street analysts, Wipro's rating consensus is 'Hold'. The analyst rating breakdown for WIT stock is 0 'Strong Buy' (0.00%), 1 'Buy' (16.67%), 3 'Hold' (50.00%), 2 'Sell' (33.33%), and 0 'Strong Sell' (0.00%).
Wipro Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Oct 21, 2024 | Hazim Bahari | CFRA | $7.00 | $6.59 | 6.22% | 90.22% |
| Apr 27, 2022 | Take Jefferies | Jefferies | $7.70 | $6.71 | 14.75% | 109.24% |
The latest Wipro stock forecast, released on Oct 21, 2024 by Hazim Bahari from CFRA, set a price target of $7.00, which represents a 6.22% increase from the stock price at the time of the forecast ($6.59), and a 90.22% increase from WIT last price ($3.68).
Wipro Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 1 |
| Avg Price Target | - | - | $7.00 |
| Last Closing Price | $3.68 | $3.68 | $3.68 |
| Upside/Downside | -100.00% | -100.00% | 90.22% |
In the current month, the average price target of Wipro stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Wipro's last price of $3.68. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Jan 02, 2025 | UBS | Neutral | Upgrade | |
| Oct 21, 2024 | CFRA | Hold | Hold | Hold |
| Oct 02, 2024 | Investec | Hold | Sell | Downgrade |
| Jul 03, 2024 | Citigroup | Sell | Sell | Hold |
| Jun 17, 2024 | Investec | Hold | Upgrade | |
| Apr 08, 2024 | Bank of America Securities | Underperform | Underperform | Hold |
| Sep 13, 2022 | Goldman Sachs | Buy | Upgrade | |
| Jul 08, 2022 | Jefferies | Hold | Downgrade |
Wipro's last stock rating was published by UBS on Jan 02, 2025. The company Upgrade its WIT rating from "null" to "Neutral".
Wipro Financial Forecast
Wipro Revenue Forecast
| Mar 28 | Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $231.90B | $232.29B | $196.67B | $182.52B | $162.45B | $156.70B | $151.15B | $149.13B | $157.11B | $154.71B |
| Avg Forecast | $257.70B | $252.14B | $248.09B | $242.14B | $270.22B | $264.04B | $259.45B | $252.90B | $247.79B | $241.84B | $237.50B | $231.52B | $226.43B | $222.00B | $222.98B | $221.78B | $221.44B | $221.45B | $228.96B | $228.74B | $234.03B | $231.12B | $192.38B | $176.93B | $159.34B | $154.93B | $151.01B | $148.07B | $155.79B | $153.65B |
| High Forecast | $259.47B | $253.86B | $249.78B | $243.80B | $272.19B | $265.97B | $261.34B | $254.74B | $249.60B | $243.60B | $239.23B | $233.21B | $228.08B | $223.61B | $224.61B | $221.84B | $221.49B | $229.48B | $230.62B | $230.40B | $235.74B | $231.91B | $192.38B | $176.93B | $159.34B | $154.93B | $151.01B | $148.07B | $155.79B | $153.65B |
| Low Forecast | $256.84B | $251.29B | $247.25B | $241.33B | $268.00B | $261.88B | $257.32B | $250.83B | $245.76B | $239.85B | $235.55B | $229.62B | $224.57B | $220.17B | $221.15B | $221.72B | $221.40B | $212.63B | $227.08B | $226.86B | $232.11B | $230.59B | $192.38B | $176.93B | $159.34B | $154.93B | $151.01B | $148.07B | $155.79B | $153.65B |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 2 | 1 | 1 | 1 | 3 | 13 | 8 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 7 | 8 | 7 | 10 | 9 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.99% | 1.01% | 1.02% | 1.03% | 1.02% | 1.01% | 1.00% | 1.01% | 1.01% | 1.01% |
Wipro's average Quarter revenue forecast for Jun 23 based on 1 analysts is $228.74B, with a low forecast of $226.86B, and a high forecast of $230.40B. WIT's average Quarter revenue forecast represents a -1.36% decrease compared to the company's last Quarter revenue of $231.90B (Mar 23).
Wipro EBITDA Forecast
| Mar 28 | Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 2 | 1 | 1 | 1 | 3 | 13 | 8 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 7 | 8 | 7 | 10 | 9 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $42.05B | $41.26B | $46.74B | $47.68B | $45.45B | $47.34B | $39.56B | $37.90B | $36.43B | $37.28B |
| Avg Forecast | $56.95B | $55.72B | $54.82B | $53.51B | $59.80B | $58.43B | $57.42B | $55.97B | $54.84B | $53.52B | $52.56B | $51.24B | $50.11B | $49.13B | $49.35B | $49.08B | $49.00B | $49.01B | $50.67B | $50.62B | $51.79B | $51.15B | $42.78B | $39.34B | $35.43B | $34.45B | $33.58B | $32.92B | $34.64B | $34.17B |
| High Forecast | $57.33B | $56.10B | $55.19B | $53.87B | $60.23B | $58.86B | $57.83B | $56.37B | $55.24B | $53.91B | $52.94B | $51.61B | $50.47B | $49.48B | $49.71B | $49.09B | $49.01B | $50.78B | $51.04B | $50.99B | $52.17B | $51.32B | $42.78B | $39.34B | $35.43B | $34.45B | $33.58B | $32.92B | $34.64B | $34.17B |
| Low Forecast | $56.75B | $55.53B | $54.64B | $53.33B | $59.31B | $57.95B | $56.95B | $55.51B | $54.39B | $53.08B | $52.13B | $50.82B | $49.70B | $48.72B | $48.94B | $49.07B | $48.99B | $47.05B | $50.25B | $50.20B | $51.37B | $51.03B | $42.78B | $39.34B | $35.43B | $34.45B | $33.58B | $32.92B | $34.64B | $34.17B |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.81% | 0.81% | 1.09% | 1.21% | 1.28% | 1.37% | 1.18% | 1.15% | 1.05% | 1.09% |
1 analysts predict WIT's average Quarter EBITDA for Jun 23 to be $50.62B, with a high of $50.99B and a low of $50.20B. This is 20.37% upper than Wipro's previous annual EBITDA (Mar 23) of $42.05B.
Wipro Net Income Forecast
| Mar 28 | Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 2 | 1 | 1 | 1 | 3 | 13 | 8 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 7 | 8 | 7 | 10 | 9 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $30.75B | $30.53B | $29.31B | $32.32B | $29.72B | $29.67B | $24.66B | $23.90B | $23.26B | $24.56B |
| Avg Forecast | $34.38B | $33.71B | $33.05B | $31.93B | $18.88B | $18.32B | $18.06B | $17.33B | $17.19B | $16.17B | $16.80B | $16.47B | $15.99B | $16.03B | $15.11B | $14.86B | $3.50T | $13.38B | $14.21B | $14.38B | $3.14T | $2.99T | $27.13B | $27.08B | $2.18T | $23.50B | $22.42B | $19.29B | $2.07T | $21.92B |
| High Forecast | $34.69B | $34.01B | $33.35B | $32.21B | $19.06B | $18.49B | $18.23B | $17.50B | $17.35B | $16.33B | $16.96B | $16.62B | $16.14B | $16.18B | $15.25B | $15.00B | $4.20T | $13.50B | $14.35B | $14.52B | $3.77T | $3.59T | $27.13B | $27.08B | $2.61T | $23.50B | $22.42B | $19.29B | $2.48T | $21.92B |
| Low Forecast | $34.23B | $33.56B | $32.91B | $31.79B | $18.68B | $18.12B | $17.87B | $17.15B | $17.01B | $16.00B | $16.62B | $16.29B | $15.82B | $15.86B | $14.95B | $14.70B | $2.80T | $13.23B | $14.06B | $14.23B | $2.51T | $2.39T | $27.13B | $27.08B | $1.74T | $23.50B | $22.42B | $19.29B | $1.66T | $21.92B |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.01% | 0.01% | 1.08% | 1.19% | 0.01% | 1.26% | 1.10% | 1.24% | 0.01% | 1.12% |
Wipro's average Quarter net income forecast for Jun 23 is $14.38B, with a range of $14.23B to $14.52B. WIT's average Quarter net income forecast represents a -53.22% decrease compared to the company's last Quarter net income of $30.75B (Mar 23).
Wipro SG&A Forecast
| Mar 28 | Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 2 | 1 | 1 | 1 | 3 | 13 | 8 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 7 | 8 | 7 | 10 | 9 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $32.58B | $32.77B | $25.14B | $23.55B | $12.57B | $19.14B | $17.78B | $19.80B | $14.44B | $18.53B |
| Avg Forecast | $32.00B | $31.31B | $30.81B | $30.07B | $33.56B | $32.79B | $32.22B | $31.41B | $30.77B | $30.03B | $29.49B | $28.75B | $28.12B | $27.57B | $27.69B | $27.54B | $27.50B | $27.50B | $28.43B | $28.41B | $29.06B | $28.70B | $24.66B | $22.68B | $20.42B | $19.86B | $19.36B | $18.98B | $19.97B | $19.69B |
| High Forecast | $32.22B | $31.53B | $31.02B | $30.28B | $33.80B | $33.03B | $32.45B | $31.63B | $31.00B | $30.25B | $29.71B | $28.96B | $28.32B | $27.77B | $27.89B | $27.55B | $27.50B | $28.50B | $28.64B | $28.61B | $29.27B | $28.80B | $24.66B | $22.68B | $20.42B | $19.86B | $19.36B | $18.98B | $19.97B | $19.69B |
| Low Forecast | $31.89B | $31.21B | $30.70B | $29.97B | $33.28B | $32.52B | $31.95B | $31.15B | $30.52B | $29.78B | $29.25B | $28.51B | $27.89B | $27.34B | $27.46B | $27.53B | $27.49B | $26.40B | $28.20B | $28.17B | $28.82B | $28.64B | $24.66B | $22.68B | $20.42B | $19.86B | $19.36B | $18.98B | $19.97B | $19.69B |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.12% | 1.14% | 1.02% | 1.04% | 0.62% | 0.96% | 0.92% | 1.04% | 0.72% | 0.94% |
Wipro's average Quarter SG&A projection for Jun 23 is $28.41B, based on 1 Wall Street analysts, with a range of $28.17B to $28.61B. The forecast indicates a -12.81% fall compared to WIT last annual SG&A of $32.58B (Mar 23).
Wipro EPS Forecast
| Mar 28 | Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 2 | 1 | 1 | 1 | 3 | 13 | 8 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 7 | 8 | 7 | 10 | 9 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $5.61 | $5.57 | $5.36 | $5.92 | $5.39 | $5.21 | $4.33 | $4.20 | $4.09 | $4.31 |
| Avg Forecast | $6.56 | $6.43 | $6.31 | $6.09 | $3.60 | $3.50 | $3.45 | $3.31 | $3.28 | $3.09 | $3.21 | $3.14 | $3.05 | $3.06 | $2.88 | $2.83 | $2.67 | $2.55 | $2.71 | $2.74 | $2.87 | $5.23 | $5.18 | $5.17 | $5.07 | $4.49 | $4.28 | $3.68 | $4.26 | $4.19 |
| High Forecast | $6.62 | $6.49 | $6.36 | $6.15 | $3.64 | $3.53 | $3.48 | $3.34 | $3.31 | $3.12 | $3.24 | $3.17 | $3.08 | $3.09 | $2.91 | $2.86 | $2.70 | $2.58 | $2.74 | $2.77 | $2.89 | $5.25 | $5.18 | $5.17 | $5.07 | $4.49 | $4.28 | $3.68 | $4.26 | $4.19 |
| Low Forecast | $6.53 | $6.40 | $6.28 | $6.07 | $3.56 | $3.46 | $3.41 | $3.27 | $3.24 | $3.05 | $3.17 | $3.11 | $3.02 | $3.03 | $2.85 | $2.80 | $2.64 | $2.53 | $2.68 | $2.71 | $2.84 | $5.21 | $5.18 | $5.17 | $5.07 | $4.49 | $4.28 | $3.68 | $4.26 | $4.19 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.96% | 1.06% | 1.03% | 1.14% | 1.06% | 1.16% | 1.01% | 1.14% | 0.96% | 1.03% |
According to 1 Wall Street analysts, Wipro's projected average Quarter EPS for Jun 23 is $2.74, with a low estimate of $2.71 and a high estimate of $2.77. This represents a -51.09% decrease compared to WIT previous annual EPS of $5.61 (Mar 23).
Wipro Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| TTEC | TTEC | $3.83 | $35.67 | 831.33% | Hold |
| WIT | Wipro | $3.68 | $7.00 | 90.22% | Hold |
| CACI | CACI | $385.71 | $521.00 | 35.08% | Buy |
| CDW | CDW | $195.53 | $245.00 | 25.30% | Buy |
| INFY | Infosys | $21.70 | $25.00 | 15.21% | Hold |
| TASK | TaskUs | $16.66 | $18.00 | 8.04% | Hold |
| ACN | Accenture | $374.42 | $382.14 | 2.06% | Buy |
| IT | Gartner | $537.99 | $545.75 | 1.44% | Hold |
| CTSH | Cognizant Technology Solutions | $81.19 | $82.29 | 1.35% | Hold |
| BR | Broadridge Financial Solutions | $235.56 | $230.00 | -2.36% | Hold |
| ASGN | ASGN | $93.22 | $88.00 | -5.60% | Buy |
| WNS | WNS | $62.42 | $57.50 | -7.88% | Buy |
| G | Genpact | $47.54 | $43.67 | -8.14% | Hold |
| EXLS | ExlService | $49.90 | $39.00 | -21.84% | Buy |