Wipro Limited (WIT)

Wipro Stock Forecast

Stock Price Forecast

The 1 analyst with a 12-month price forecast for Wipro stock has a target of 3.00, which predicts a decrease of -12.79% from the current stock price of 3.44.

Analyst Consensus: Sell

Target	Low	Average	Median	High
Price	$3.00	$3.00	$3.00	$3.00
Change	-12.79%	-12.79%	-12.79%	-12.79%

* Price targets were last updated on Jan 16, 2024.

Analyst Ratings

The average analyst rating for Wipro stock from 2 stock analysts is "Sell". This means that analysts believe this stock is likely to lead to lower returns than market as a whole.

Recommendation Trends

Rating	Aug '24	Sep '24	Oct '24	Nov '24	Dec '24	Jan '25
Strong Buy	0	0	0	0	0	0
Buy	0	0	0	0	0	0
Hold	0	0	0	0	0	1
Sell	3	3	3	3	3	1
Strong Sell	1	1	1	1	1	0
Total	4	4	4	4	4	2

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Shaleen Kumar UBS	UBS	Strong Sell → Hold Upgrades n/a	Strong Sell → Hold	Upgrades	n/a	n/a	Jan 2, 2025
Moshe Katri Wedbush	Wedbush	Sell Maintains $2 → $3	Sell	Maintains	$2 → $3	-12.79%	Jan 16, 2024
Manish Adukia Goldman Sachs	Goldman Sachs	Strong Sell Initiates $2.35	Strong Sell	Initiates	$2.35	-31.69%	Aug 22, 2023
Ankur Rudra JP Morgan	JP Morgan	Sell Initiates $2.15	Sell	Initiates	$2.15	-37.50%	May 24, 2023
Rahul Malhotra Bernstein	Bernstein	Hold → Sell Downgrades $2.55 → $1.95	Hold → Sell	Downgrades	$2.55 → $1.95	-43.31%	Mar 22, 2023

More Analyst Ratings

Financial Forecast

Revenue This Year

919.18B

Increased by 2.40%

from 897.60B

Revenue Next Year

975.37B

Increased by 6.11%

from 919.18B

EPS This Year

12.09

Increased by 16.18%

from 10.41

EPS Next Year

13.03

Increased by 7.70%

from 12.09

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Mar 31, 2020	Mar 31, 2021	Mar 31, 2022	Mar 31, 2023	Mar 31, 2024	Mar 31, 2025	Mar 31, 2026	Mar 31, 2027
Revenue	610.23B	619.43B	790.93B	904.88B	897.60B	919.18B	975.37B	1,052.41B
Revenue Growth	4.16%	1.51%	27.69%	14.41%	-0.80%	2.40%	6.11%	7.90%
EPS	8.31	9.54	11.14	10.34	10.41	12.09	13.03	14.35
EPS Growth	11.17%	14.74%	16.89%	-7.22%	0.68%	16.18%	7.70%	10.19%
Forward PE	-	-	-	-	-	24.63	22.87	20.75
No. Analysts	-	-	-	-	-	44	44	37

Financial currency is INR. Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027	2028	2029
High	953.8B	1.1T	1.2T
Avg	919.2B	975.4B	1.1T
Low	868.3B	891.3B	960.8B

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029
High	6.3%	14.6%	19.8%
Avg	2.4%	6.1%	7.9%
Low	-3.3%	-3.0%	-1.5%

EPS Forecast

EPS	2025	2026	2027	2028	2029
High	12.81	14.35	16.64
Avg	12.09	13.03	14.35
Low	10.83	11.56	12.64

EPS Growth

EPS Growth	2025	2026	2027	2028	2029
High	23.1%	18.6%	27.7%
Avg	16.2%	7.7%	10.2%
Low	4.0%	-4.4%	-2.9%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.