• Consensus Rating: Strong Sell
  • Consensus Price Target: $5.05
  • Forecasted Upside: -6.65%
  • Number of Analysts: 4
  • Breakdown:
  • 4 Sell Ratings
  • 0 Hold Ratings
  • 0 Buy Ratings
  • 0 Strong Buy Ratings
$5.41
▲ +0.02 (0.37%)

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 $5.05
▼ -6.65% Downside Potential
This price target is based on 4 analysts offering 12 month price targets for Wipro in the last 3 months. The average price target is $5.05, with a high forecast of $6.00 and a low forecast of $4.30. The average price target represents a -6.65% upside from the last price of $5.41.

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 Strong Sell

The current consensus among 4 contributing investment analysts is to strong sell stock in Wipro. This Strong Sell consensus rating has held steady for over two years.

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
  • 0 hold ratings
  • 4 sell ratings
11/8/2022
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 4 sell ratings
2/6/2023
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 4 sell ratings
5/7/2023
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 4 sell ratings
8/5/2023
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 4 sell ratings
11/3/2023
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 4 sell ratings
2/1/2024
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 4 sell ratings
4/1/2024
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 4 sell ratings
5/1/2024

Latest Recommendations

  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 4 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
1/17/2024BNP ParibasInitiated CoverageUnderperform$5.20Low
1/16/2024WedbushBoost TargetUnderperform ➝ Underperform$4.00 ➝ $6.00Low
8/22/2023The Goldman Sachs GroupInitiated CoverageSell$4.70Low
5/23/2023JPMorgan Chase & Co.Initiated CoverageUnderweight$4.30Low
3/22/2023Sanford C. BernsteinDowngradeMarket Perform ➝ Underperform$5.10 ➝ $3.90Low
10/13/2022Credit Suisse GroupDowngradeNeutral ➝ UnderperformLow
9/13/2022The Goldman Sachs GroupUpgradeSell ➝ Buy$4.87Low
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
(Data available from 5/1/2019 forward)

News Sentiment Rating

0.25 (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
  • 7 very positive mentions
  • 6 positive mentions
  • 3 negative mentions
  • 0 very negative mentions
10/4/2023
  • 2 very positive mentions
  • 5 positive mentions
  • 1 negative mentions
  • 2 very negative mentions
11/3/2023
  • 3 very positive mentions
  • 1 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
12/3/2023
  • 2 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
1/2/2024
  • 5 very positive mentions
  • 15 positive mentions
  • 1 negative mentions
  • 2 very negative mentions
2/1/2024
  • 10 very positive mentions
  • 13 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
3/2/2024
  • 9 very positive mentions
  • 11 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
4/1/2024
  • 6 very positive mentions
  • 18 positive mentions
  • 3 negative mentions
  • 1 very negative mentions
5/1/2024

Current Sentiment

  • 6 very positive mentions
  • 18 positive mentions
  • 3 negative mentions
  • 1 very negative mentions
Wipro logo
Wipro Limited operates as an information technology (IT), consulting, and business process services company worldwide. It operates through three segments: IT Services, IT Products, and India State Run Enterprise Services (ISRE). The IT Services segment offers IT and IT-enabled services, including digital strategy advisory, customer-centric design, technology and IT consulting, custom application design, development, re-engineering and maintenance, systems integration, package implementation, cloud and infrastructure, business process, cloud, mobility and analytics, research and development, and hardware and software design services to enterprises. It serves customers in various industry sectors, such as healthcare and medical devices, consumer goods and life sciences, retail, transportation and services, communications, media and information services, technology products and platforms, banking, financial services and insurance, manufacturing, hi-tech, energy, and utilities. The IT Products segment provides a range of third-party IT products comprising enterprise platforms, networking solutions, software and data storage products, contact center infrastructure, enterprise security, IT optimization technologies, video solutions, and end-user computing solutions. It serves enterprises in various industries primarily in the Indian market, which comprise the government, defense, IT and IT-enabled services, telecommunications, manufacturing, utilities, education, and financial services sectors. The ISRE segment offers IT services to entities and departments owned or controlled by the Government of India and/or various Indian State Governments. It also provides cybersecurity consulting services. The company has a partnership with ServiceNow, Inc. to develop Wipro CyberTransform - Intelligent ServiceNow Risk and Security Solutions. The company was incorporated in 1945 and is based in Bengaluru, India.
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Today's Range

Now: $5.41
Low: $5.37
High: $5.43

50 Day Range

MA: $5.81
Low: $5.16
High: $6.36

52 Week Range

Now: $5.41
Low: $4.48
High: $6.45

Volume

2,389,671 shs

Average Volume

2,915,429 shs

Market Capitalization

$28.24 billion

P/E Ratio

21.64

Dividend Yield

0.20%

Beta

0.87

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: BNP Paribas, JPMorgan Chase & Co., StockNews.com, The Goldman Sachs Group, Inc., TheStreet, and Wedbush.
View the latest analyst ratings for WIT.

What is the current price target for Wipro?

4 Wall Street analysts have set twelve-month price targets for Wipro in the last year. Their average twelve-month price target is $5.05, suggesting a possible downside of 6.4%. Wedbush has the highest price target set, predicting WIT will reach $6.00 in the next twelve months. JPMorgan Chase & Co. has the lowest price target set, forecasting a price of $4.30 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 4 sell ratings from Wall Street analysts. The stock has a consensus analyst rating of "Strong Sell."
View the latest ratings for WIT.

What other companies compete with Wipro?

Other companies that are similar to Wipro include Fair Isaac, ANSYS, Corning, Garmin and HP. 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.