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NYSE:WIT - Wipro Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $4.70
  • Forecasted Upside: -14.08 %
  • Number of Analysts: 8
  • Breakdown:
  • 5 Sell Ratings
  • 1 Hold Ratings
  • 2 Buy Ratings
  • 0 Strong Buy Ratings
$5.47 As of 08/11/2022 10:44 AM ET
+0 (0.00%)

This chart shows the closing price for WIT by one month, three months, or twelve months.

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Analyst Price Target for WIT

Analyst Price Target is $4.70
▼ -14.08% Downside Potential
This price target is based on 8 analysts offering 12 month price targets for Wipro in the last 3 months. The average price target is $4.70, with a high forecast of $4.70 and a low forecast of $4.70. The average price target represents a -14.08% upside from the last price of $5.47.

This chart shows the closing price for WIT for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Hold

The current consensus among 8 polled investment analysts is to hold stock in Wipro. This rating has held steady since February 2022, when it changed from a Sell consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 4 sell ratings
Ratings as of
2/17/2021
  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 2 sell ratings
Ratings as of
5/18/2021
  • 0 strong buy ratings
  • 0 buy ratings
  • 3 hold ratings
  • 2 sell ratings
Ratings as of
8/16/2021
  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 4 sell ratings
Ratings as of
11/14/2021
  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 4 sell ratings
Ratings as of
2/12/2022
  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 3 sell ratings
Ratings as of
5/13/2022
  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 3 sell ratings
Ratings as of
7/12/2022
  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 5 sell ratings
Ratings as of
8/11/2022

Latest Recommendations

  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 5 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
7/20/2022WedbushReiterated RatingUnderperformLow
7/20/2022CitigroupDowngradeBuy ➝ SellLow
7/14/2022Morgan StanleyDowngradeOverweight ➝ UnderweightLow
7/8/2022Jefferies Financial GroupDowngradeHold ➝ Underperform$7.30 ➝ $4.70N/A
6/1/2022MacquarieUpgradeNeutral ➝ OutperformLow
5/25/2022NomuraDowngradeBuy ➝ NeutralLow
5/19/2022JPMorgan Chase & Co.DowngradeNeutral ➝ UnderweightMedium
4/11/2022MacquarieInitiated CoverageNeutralLow
2/21/2022CLSAUpgradeUnderperform ➝ OutperformHigh
2/4/2022Jefferies Financial GroupUpgradeUnderperform ➝ Hold$8.55 ➝ $7.70Low
10/14/2021Morgan StanleyUpgradeUnderweight ➝ Equal WeightMedium
9/30/2021JPMorgan Chase & Co.UpgradeUnderweight ➝ NeutralLow
5/26/2021Sanford C. BernsteinUpgradeUnderperform ➝ Market Perform$6.23Low
4/16/2021CitigroupUpgradeNeutral ➝ BuyLow
4/16/2021NomuraUpgradeReduce ➝ NeutralMedium
12/21/2020The Goldman Sachs GroupInitiated CoverageSellMedium
10/14/2020InvestecDowngradeBuy ➝ HoldLow
7/16/2020CitigroupUpgradeNeutral ➝ BuyLow
3/25/2020Jefferies Financial GroupUpgradeUnderperform ➝ HoldMedium
2/20/2020JPMorgan Chase & Co.Initiated CoverageUnderweightLow
11/27/2019The Goldman Sachs GroupDowngradeNeutral ➝ SellN/A
11/21/2019The Goldman Sachs GroupDowngradeNeutral ➝ SellHigh
10/15/2019Credit Suisse GroupUpgradeUnderperform ➝ NeutralHigh
10/3/2019The Goldman Sachs GroupUpgradeSell ➝ Neutral$3.47 ➝ $3.46High
7/17/2019WedbushReiterated RatingUnderperformMedium
4/18/2019Nomura SecuritiesDowngradeNeutral ➝ ReduceLow
4/16/2019MacquarieDowngradeOutperform ➝ NeutralLow
3/21/2019WedbushLower Price TargetUnderperform$4.25 ➝ $3.75Low
2/26/2019Credit Suisse GroupDowngradeNeutral ➝ Underperform$5.78Low
1/22/2019Credit Suisse GroupDowngradeOutperform ➝ NeutralLow
1/10/2019Deutsche Bank AktiengesellschaftInitiated CoverageHoldLow
9/13/2018Credit Suisse GroupUpgradeNeutral ➝ OutperformLow
9/10/2018MacquarieUpgradeNeutral ➝ OutperformLow
7/24/2018CLSADowngradeUnderperform ➝ SellHigh
7/5/2018CLSAUpgradeSell ➝ UnderperformLow
7/5/2018HSBCUpgradeReduce ➝ HoldLow
6/27/2018Jefferies Financial GroupReiterated RatingUnderperformMedium
6/26/2018Nomura SecuritiesUpgradeReduce ➝ NeutralHigh
6/20/2018Jefferies Financial GroupInitiated CoverageUnderperformLow
4/9/2018BNP ParibasUpgradeReduce ➝ HoldLow
1/22/2018Credit Suisse GroupDowngradeNeutral ➝ SellHigh
9/17/2017The Goldman Sachs GroupDowngradeNeutral ➝ SellLow
9/14/2017BNP ParibasDowngradeHold ➝ ReduceHigh
(Data available from 8/11/2017 forward)

News Sentiment Rating

0.23 (Hold)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 2 very positive mentions
  • 11 positive mentions
  • 4 negative mentions
  • 0 very negative mentions
Mentions as of
1/13/2022
  • 4 very positive mentions
  • 13 positive mentions
  • 4 negative mentions
  • 0 very negative mentions
Mentions as of
2/12/2022
  • 0 very positive mentions
  • 17 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
Mentions as of
3/14/2022
  • 1 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
4/13/2022
  • 3 very positive mentions
  • 12 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
Mentions as of
5/13/2022
  • 0 very positive mentions
  • 7 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
6/12/2022
  • 1 very positive mentions
  • 8 positive mentions
  • 3 negative mentions
  • 0 very negative mentions
Mentions as of
7/12/2022
  • 4 very positive mentions
  • 17 positive mentions
  • 11 negative mentions
  • 0 very negative mentions
Mentions as of
8/11/2022

Current Sentiment

  • 4 very positive mentions
  • 17 positive mentions
  • 11 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

Positive

Very Positive

Wipro logo
Wipro Ltd. is a global information technology, consulting and outsourcing company, which engages in the development and integration of solutions. It operates through the following segments: Information Technology Services, India State Run Enterprise (ISRE), and Information Technology Products. The Information Technology Services segment provides a range of IT and IT-enabled services, which include digital strategy advisory, customer-centric design, technology consulting, IT consulting, custom application design, development, re-engineering and maintenance, systems integration, package implementation, global infrastructure services, analytics services, business process services, research and development, and hardware and software design to enterprises worldwide. The Information Technology Products segment offers a range of third-party IT products, which allows the firm to provide comprehensive IT system integration services. The ISRE segment is composed of IT services offerings to organizations owned or controlled by the Government of India and any Indian State Governments. The company was founded on December 29, 1945 and is headquartered in Bengaluru, India.
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Today's Range

Now: $5.47
Low: $5.45
High: $5.47

50 Day Range

MA: $5.40
Low: $4.97
High: $6.17

52 Week Range

Now: $5.47
Low: $4.94
High: $9.96

Volume

2,200 shs

Average Volume

3,232,784 shs

Market Capitalization

$29.90 billion

P/E Ratio

20.26

Dividend Yield

1.30%

Beta

0.83

Frequently Asked Questions

What sell-side analysts currently cover shares of Wipro?

The following Wall Street research analysts have issued research reports on Wipro in the last year: Citigroup Inc., CLSA, Jefferies Financial Group Inc., JPMorgan Chase & Co., Macquarie, Morgan Stanley, Nomura, StockNews.com, TheStreet, and Wedbush.
View the latest analyst ratings for WIT.

What is the current price target for Wipro?

1 Wall Street analysts have set twelve-month price targets for Wipro in the last year. Their average twelve-month price target is $4.70, suggesting a possible downside of 14.1%. Jefferies Financial Group Inc. has the highest price target set, predicting WIT will reach $4.70 in the next twelve months. Jefferies Financial Group Inc. has the lowest price target set, forecasting a price of $4.70 for Wipro in the next year.
View the latest price targets for WIT.

What is the current consensus analyst rating for Wipro?

Wipro currently has 5 sell ratings, 1 hold rating and 2 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in WIT, but not buy more shares or sell existing shares.
View the latest ratings for WIT.

What other companies compete with Wipro?

Other companies that are similar to Wipro include Zscaler, EPAM Systems, Cognizant Technology Solutions, VeriSign and Aspen Technology. Learn More about companies similar to Wipro.

How do I contact Wipro's investor relations team?

Wipro's physical mailing address is DODDAKANAHALLI VILLAG VARTHUR HOBLI SARJAPUR RD, BANGALORE K7, 560035. The information technology services provider's listed phone number is 918046827999 and its investor relations email address is [email protected] The official website for Wipro is www.wipro.com. Learn More about contacing Wipro investor relations.