Wipro (WIT) Stock Forecast, Price Target & Predictions
WIT Stock Forecast
Wipro stock forecast is as follows: an average price target of $7.35 (represents a 14.31% upside from WIT’s last price of $6.43) and a rating consensus of 'Hold', based on 5 wall street analysts offering a 1-year stock forecast.
WIT Price Target
The average price target for Wipro (WIT) is $7.35 based on 1-year price targets from 5 Wall Street analysts in the past 3 months, with a price target range of $7.70 to $7.00. This represents a potential 14.31% upside from WIT's last price of $6.43.
WIT Analyst Ratings
According to 5 Wall Street analysts, Wipro's rating consensus is 'Hold'. The analyst rating breakdown for WIT stock is 0 'Strong Buy' (0.00%), 1 'Buy' (20.00%), 2 'Hold' (40.00%), 2 'Sell' (40.00%), 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% | 8.86% |
| Apr 27, 2022 | Take Jefferies | Jefferies | $7.70 | $6.71 | 14.75% | 19.75% |
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 8.86% increase from WIT last price ($6.43).
Wipro Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 1 | 1 | 1 |
| Avg Price Target | $7.00 | $7.00 | $7.00 |
| Last Closing Price | $6.43 | $6.43 | $6.43 |
| Upside/Downside | 8.86% | 8.86% | 8.86% |
In the current month, the average price target of Wipro stock is $7.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 8.86% increase as opposed to Wipro's last price of $6.43. This month's average price target is down 0.00% compared to last quarter, and down 0.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| 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 CFRA on Oct 21, 2024. The company gave WIT a "Hold" rating, the same as its previous rate.
Wipro Financial Forecast
Wipro Revenue Forecast
| 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 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $231.90B | $232.29B | $225.40B | $215.29B | $208.60B | $203.14B | $196.67B | $182.52B | $162.45B | $156.70B | $151.15B | $149.13B | $157.11B | $154.71B |
| Avg Forecast | $259.61B | $254.00B | $249.92B | $243.93B | $240.02B | $235.74B | $235.07B | $229.96B | $225.56B | $222.22B | $222.22B | $221.78B | $221.44B | $221.45B | $228.96B | $228.74B | $234.03B | $231.12B | $227.36B | $214.29B | $209.32B | $202.94B | $192.38B | $176.93B | $159.34B | $154.93B | $151.01B | $148.07B | $155.79B | $153.65B |
| High Forecast | $259.61B | $254.00B | $249.92B | $243.93B | $240.02B | $235.74B | $235.07B | $229.96B | $225.56B | $222.22B | $222.22B | $221.84B | $221.49B | $229.48B | $228.96B | $228.74B | $234.03B | $231.12B | $227.36B | $214.29B | $209.32B | $202.94B | $192.38B | $176.93B | $159.34B | $154.93B | $151.01B | $148.07B | $155.79B | $153.65B |
| Low Forecast | $259.61B | $254.00B | $249.92B | $243.93B | $240.02B | $235.74B | $235.07B | $229.96B | $225.56B | $222.22B | $222.22B | $221.72B | $221.40B | $212.63B | $228.96B | $228.74B | $234.03B | $231.12B | $227.36B | $214.29B | $209.32B | $202.94B | $192.38B | $176.93B | $159.34B | $154.93B | $151.01B | $148.07B | $155.79B | $153.65B |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 7 | 8 | 7 | 10 | 9 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.99% | 1.01% | 0.99% | 1.00% | 1.00% | 1.00% | 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 $228.74B, and a high forecast of $228.74B. 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 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 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 7 | 8 | 7 | 10 | 9 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $42.05B | $41.26B | $43.09B | $42.16B | $37.64B | $46.62B | $46.74B | $47.68B | $45.45B | $47.34B | $39.56B | $37.90B | $36.43B | $37.28B |
| Avg Forecast | $57.72B | $56.48B | $55.57B | $54.24B | $53.37B | $52.42B | $52.27B | $51.13B | $50.15B | $49.41B | $49.41B | $49.31B | $49.24B | $49.24B | $50.91B | $50.86B | $52.04B | $51.39B | $50.56B | $47.65B | $46.54B | $45.12B | $42.78B | $39.34B | $35.43B | $34.45B | $33.58B | $32.92B | $34.64B | $34.17B |
| High Forecast | $57.72B | $56.48B | $55.57B | $54.24B | $53.37B | $52.42B | $52.27B | $51.13B | $50.15B | $49.41B | $49.41B | $49.33B | $49.25B | $51.03B | $50.91B | $50.86B | $52.04B | $51.39B | $50.56B | $47.65B | $46.54B | $45.12B | $42.78B | $39.34B | $35.43B | $34.45B | $33.58B | $32.92B | $34.64B | $34.17B |
| Low Forecast | $57.72B | $56.48B | $55.57B | $54.24B | $53.37B | $52.42B | $52.27B | $51.13B | $50.15B | $49.41B | $49.41B | $49.30B | $49.23B | $47.28B | $50.91B | $50.86B | $52.04B | $51.39B | $50.56B | $47.65B | $46.54B | $45.12B | $42.78B | $39.34B | $35.43B | $34.45B | $33.58B | $32.92B | $34.64B | $34.17B |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.81% | 0.80% | 0.85% | 0.88% | 0.81% | 1.03% | 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 $50.86B, with a high of $50.86B and a low of $50.86B. This is 20.94% upper than Wipro's previous annual EBITDA (Mar 23) of $42.05B.
Wipro Net Income Forecast
| 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 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 7 | 8 | 7 | 10 | 9 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $30.75B | $30.53B | $26.59B | $25.64B | $30.87B | $29.72B | $29.31B | $32.32B | $29.72B | $29.67B | $24.66B | $23.90B | $23.26B | $24.56B |
| Avg Forecast | $34.64B | $33.96B | $33.30B | $32.16B | $33.28B | $32.32B | $32.89B | $32.21B | $30.57B | $29.63B | $30.11B | $29.71B | $3.50T | $26.75B | $28.43B | $28.76B | $3.14T | $2.99T | $27.23B | $28.29B | $2.63T | $29.08B | $27.13B | $27.08B | $2.18T | $23.50B | $22.42B | $19.29B | $2.07T | $21.92B |
| High Forecast | $34.64B | $33.96B | $33.30B | $32.16B | $33.28B | $32.32B | $32.89B | $32.21B | $30.57B | $29.63B | $30.11B | $29.72B | $4.20T | $26.75B | $28.43B | $28.76B | $3.77T | $3.59T | $27.23B | $28.29B | $3.16T | $29.08B | $27.13B | $27.08B | $2.61T | $23.50B | $22.42B | $19.29B | $2.48T | $21.92B |
| Low Forecast | $34.64B | $33.96B | $33.30B | $32.16B | $33.28B | $32.32B | $32.89B | $32.21B | $26.20B | $25.40B | $30.11B | $29.71B | $2.80T | $26.75B | $28.43B | $28.76B | $2.51T | $2.39T | $27.23B | $28.29B | $2.11T | $29.08B | $27.13B | $27.08B | $1.74T | $23.50B | $22.42B | $19.29B | $1.66T | $21.92B |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.01% | 0.01% | 0.98% | 0.91% | 0.01% | 1.02% | 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 $28.76B, with a range of $28.76B to $28.76B. WIT's average Quarter net income forecast represents a -6.44% decrease compared to the company's last Quarter net income of $30.75B (Mar 23).
Wipro SG&A Forecast
| 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 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 7 | 8 | 7 | 10 | 9 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $32.58B | $32.77B | $30.12B | $28.83B | $26.61B | $26.02B | $25.14B | $23.55B | $12.57B | $19.14B | $17.78B | $19.80B | $14.44B | $18.53B |
| Avg Forecast | $33.28B | $32.56B | $32.03B | $31.27B | $30.77B | $30.22B | $30.13B | $29.48B | $28.91B | $28.48B | $28.48B | $28.43B | $28.38B | $28.39B | $29.35B | $29.32B | $30.00B | $29.62B | $29.14B | $27.47B | $26.83B | $26.01B | $24.66B | $22.68B | $20.42B | $19.86B | $19.36B | $18.98B | $19.97B | $19.69B |
| High Forecast | $33.28B | $32.56B | $32.03B | $31.27B | $30.77B | $30.22B | $30.13B | $29.48B | $28.91B | $28.48B | $28.48B | $28.43B | $28.39B | $29.41B | $29.35B | $29.32B | $30.00B | $29.62B | $29.14B | $27.47B | $26.83B | $26.01B | $24.66B | $22.68B | $20.42B | $19.86B | $19.36B | $18.98B | $19.97B | $19.69B |
| Low Forecast | $33.28B | $32.56B | $32.03B | $31.27B | $30.77B | $30.22B | $30.13B | $29.48B | $28.91B | $28.48B | $28.48B | $28.42B | $28.38B | $27.25B | $29.35B | $29.32B | $30.00B | $29.62B | $29.14B | $27.47B | $26.83B | $26.01B | $24.66B | $22.68B | $20.42B | $19.86B | $19.36B | $18.98B | $19.97B | $19.69B |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.09% | 1.11% | 1.03% | 1.05% | 0.99% | 1.00% | 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 $29.32B, based on 1 Wall Street analysts, with a range of $29.32B to $29.32B. The forecast indicates a -10.00% fall compared to WIT last annual SG&A of $32.58B (Mar 23).
Wipro EPS Forecast
| 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 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 7 | 8 | 7 | 10 | 9 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $5.61 | $5.57 | $4.86 | $4.69 | $5.64 | $5.44 | $5.36 | $5.92 | $5.39 | $5.21 | $4.33 | $4.20 | $4.09 | $4.31 |
| Avg Forecast | $6.61 | $6.48 | $6.35 | $6.14 | $6.35 | $6.17 | $6.28 | $6.14 | $5.83 | $5.65 | $5.75 | $5.67 | $5.34 | $5.10 | $5.42 | $5.49 | $5.73 | $5.23 | $5.20 | $5.40 | $5.63 | $5.55 | $5.18 | $5.17 | $5.07 | $4.49 | $4.28 | $3.68 | $4.26 | $4.19 |
| High Forecast | $6.61 | $6.48 | $6.35 | $6.14 | $6.35 | $6.17 | $6.28 | $6.14 | $5.83 | $5.65 | $5.75 | $5.67 | $5.35 | $5.10 | $5.42 | $5.49 | $5.73 | $5.23 | $5.20 | $5.40 | $5.63 | $5.55 | $5.18 | $5.17 | $5.07 | $4.49 | $4.28 | $3.68 | $4.26 | $4.19 |
| Low Forecast | $6.61 | $6.48 | $6.35 | $6.14 | $6.35 | $6.17 | $6.28 | $6.14 | $5.00 | $4.85 | $5.75 | $5.67 | $5.34 | $5.10 | $5.42 | $5.49 | $5.73 | $5.23 | $5.20 | $5.40 | $5.63 | $5.55 | $5.18 | $5.17 | $5.07 | $4.49 | $4.28 | $3.68 | $4.26 | $4.19 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.98% | 1.06% | 0.93% | 0.87% | 1.00% | 0.98% | 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 $5.49, with a low estimate of $5.49 and a high estimate of $5.49. This represents a -2.17% 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 | $4.99 | $35.67 | 614.83% | Hold |
| TWKS | Thoughtworks | $4.46 | $13.63 | 205.61% | Hold |
| TASK | TaskUs | $13.54 | $28.00 | 106.79% | Hold |
| WNS | WNS | $47.72 | $72.86 | 52.68% | Buy |
| CDW | CDW | $191.10 | $232.80 | 21.82% | Buy |
| FISV | Fiserv | $114.23 | $133.11 | 16.53% | Buy |
| WIT | Wipro | $6.43 | $7.35 | 14.31% | Hold |
| ACN | Accenture | $343.90 | $375.07 | 9.06% | Buy |
| G | Genpact | $38.78 | $42.25 | 8.95% | Hold |
| ASGN | ASGN | $91.43 | $99.00 | 8.28% | Hold |
| CTSH | Cognizant Technology Solutions | $74.90 | $75.88 | 1.31% | Hold |
| INFY | Infosys | $20.72 | $20.58 | -0.68% | Hold |
| IT | Gartner | $505.06 | $450.00 | -10.90% | Hold |
| CACI | CACI | $553.27 | $491.11 | -11.24% | Buy |
| BR | Broadridge Financial Solutions | $209.64 | $176.00 | -16.05% | Buy |
| EXLS | ExlService | $42.12 | $32.64 | -22.51% | Buy |
WIT Forecast FAQ
Is Wipro a good buy?
No, according to 5 Wall Street analysts, Wipro (WIT) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 1 'Buy' recommendations, accounting for 20.00% of WIT's total ratings.
What is WIT's price target?
Wipro (WIT) average price target is $7.35 with a range of $7 to $7.7, implying a 14.31% from its last price of $6.43. The data is based on 5 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Wipro stock go up soon?
According to Wall Street analysts' prediction for WIT stock, the company can go up by 14.31% (from the last price of $6.43 to the average price target of $7.35), up by 19.75% based on the highest stock price target, and up by 8.86% based on the lowest stock price target.
Can Wipro stock reach $10?
WIT's average twelve months analyst stock price target of $7.35 does not support the claim that Wipro can reach $10 in the near future.
What is Wipro's current price target trend?
1 Wall Street analyst forecast a $7 price target for Wipro (WIT) this month, up 8.86% from its last price of $6.43. Compared to the last 3 and 12 months, the average price target increased by 8.86% and increased by 8.86%, respectively.
What are Wipro's analysts' financial forecasts?
Wipro's analysts financial forecasts for the fiscal year (Mar 2026) are as follows: average revenue is $940.8B (high $940.8B, low $940.8B), average EBITDA is $209.19B (high $209.19B, low $209.19B), average net income is $130.7B (high $130.7B, low $130.7B), average SG&A $120.59B (high $120.59B, low $120.59B), and average EPS is $24.94 (high $24.94, low $24.94). WIT's analysts financial forecasts for the fiscal year (Mar 2027) are as follows: average revenue is $1.01T (high $1.01T, low $1.01T), average EBITDA is $224.01B (high $224.01B, low $224.01B), average net income is $134.06B (high $134.06B, low $134.06B), average SG&A $129.14B (high $129.14B, low $129.14B), and average EPS is $25.58 (high $25.58, low $25.58).
Did the WIT's actual financial results beat the analysts' financial forecasts?
Based on Wipro's last annual report (Mar 2023), the company's revenue was $904.88B, which missed the average analysts forecast of $906.81B by -0.21%. Apple's EBITDA was $153.26B, missing the average prediction of $201.63B by -23.99%. The company's net income was $113.5B, missing the average estimation of $6.18T by -98.16%. Apple's SG&A was $124.3B, beating the average forecast of $116.23B by 6.94%. Lastly, the company's EPS was $20.73, missing the average prediction of $21.57 by -3.87%. In terms of the last quarterly report (Mar 2023), Wipro's revenue was $231.9B, missing the average analysts' forecast of $234.03B by -0.91%. The company's EBITDA was $42.05B, missing the average prediction of $52.04B by -19.19%. Wipro's net income was $30.74B, missing the average estimation of $3.14T by -99.02%. The company's SG&A was $32.58B, beating the average forecast of $30B by 8.60%. Lastly, the company's EPS was $5.61, missing the average prediction of $5.73 by -2.15%