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 -17.81% from the current stock price of 3.65.

Analyst Consensus: Sell

Target	Low	Average	Median	High
Price	$3.00	$3.00	$3.00	$3.00
Change	-17.81%	-17.81%	-17.81%	-17.81%

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

Analyst Ratings

According to 1 stock analyst, the rating for Wipro is "Sell". This means that the analyst believes this stock is likely to lead to lower returns than market as a whole.

Recommendation Trends

Rating	Aug '23	Sep '23	Oct '23	Nov '23	Dec '23	Jan '24
Strong Buy	1	1	1	1	1	0
Buy	0	0	0	0	0	0
Hold	0	0	0	0	0	0
Sell	2	2	2	2	2	1
Strong Sell	1	1	1	1	1	0
Total	4	4	4	4	4	1

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Moshe Katri Wedbush	Wedbush	Sell Maintains $2 → $3	Sell	Maintains	$2 → $3	-17.81%	Jan 16, 2024
Manish Adukia Goldman Sachs	Goldman Sachs	Strong Sell Initiates $2.35	Strong Sell	Initiates	$2.35	-35.62%	Aug 22, 2023
Ankur Rudra JP Morgan	JP Morgan	Sell Initiates $2.15	Sell	Initiates	$2.15	-41.10%	May 24, 2023
Rahul Malhotra Bernstein	Bernstein	Hold → Sell Downgrades $2.55 → $1.95	Hold → Sell	Downgrades	$2.55 → $1.95	-46.58%	Mar 22, 2023
Sumeet Jain Goldman Sachs	Goldman Sachs	Strong Sell → Strong Buy Upgrades n/a	Strong Sell → Strong Buy	Upgrades	n/a	n/a	Sep 13, 2022

More Analyst Ratings

Financial Forecast

Revenue This Year

919.68B

from 897.60B

2.46%

from 897.60B

Revenue Next Year

977.39B

from 919.68B

6.28%

from 919.68B

EPS This Year

24.07

from 10.41

131.26%

from 10.41

EPS Next Year

26.04

from 24.07

8.15%

from 24.07

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	919.68B	977.39B	1,049.76B
Revenue Growth	4.16%	1.51%	27.69%	14.41%	-0.80%	2.46%	6.28%	7.40%
EPS	8.31	9.54	11.14	10.34	10.41	24.07	26.04	14.34
EPS Growth	11.17%	14.74%	16.89%	-7.22%	0.68%	131.26%	8.15%	-44.92%
Forward PE	-	-	-	-	-	12.88	11.91	21.62
No. Analysts	-	-	-	-	-	43	42	39

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

Revenue Forecast

Revenue	2025	2026	2027
High	954.8B	1.1T	1.2T
Avg	919.7B	977.4B	1.0T
Low	867.3B	893.2B	960.7B

Revenue Growth

Revenue Growth	2025	2026	2027
High	6.4%	14.5%	19.5%
Avg	2.5%	6.3%	7.4%
Low	-3.4%	-2.9%	-1.7%

EPS Forecast

EPS	2025	2026	2027
High	25.41	29.21	16.74
Avg	24.07	26.04	14.34
Low	21.13	22.24	12.29

EPS Growth

EPS Growth	2025	2026	2027
High	144.1%	21.3%	-35.7%
Avg	131.3%	8.1%	-44.9%
Low	103.0%	-7.6%	-52.8%

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.