Wipro Limited (WIT)
NYSE: WIT · Real-Time Price · USD
6.88
+0.07 (1.03%)
At close: Nov 20, 2024, 4:00 PM
6.72
-0.16 (-2.33%)
Pre-market: Nov 21, 2024, 4:47 AM EST
Wipro Stock Forecast
Stock Price Forecast
The 1 analyst with a 12-month price forecast for Wipro stock has a target of 6.00, which predicts a decrease of -12.79% from the current stock price of 6.88.
Analyst Consensus: Sell
* 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 |
|---|---|---|---|---|---|---|---|
| Wedbush | Wedbush | Sell Maintains $4 → $6 | Sell | Maintains | $4 → $6 | -12.79% | Jan 16, 2024 |
| Goldman Sachs | Goldman Sachs | Strong Sell Initiates $4.7 | Strong Sell | Initiates | $4.7 | -31.69% | Aug 22, 2023 |
| JP Morgan | JP Morgan | Sell Initiates $4.3 | Sell | Initiates | $4.3 | -37.50% | May 24, 2023 |
| Bernstein | Bernstein | Hold → Sell Downgrades $5.1 → $3.9 | Hold → Sell | Downgrades | $5.1 → $3.9 | -43.31% | Mar 22, 2023 |
| Goldman Sachs | Goldman Sachs | Strong Sell → Strong Buy Upgrades n/a | Strong Sell → Strong Buy | Upgrades | n/a | n/a | Sep 13, 2022 |
Financial Forecast
Revenue This Year
919.68B
from 897.60B
Increased by 2.46%
Revenue Next Year
977.39B
from 919.68B
Increased by 6.28%
EPS This Year
24.07
from 20.82
Increased by 15.63%
EPS Next Year
26.04
from 24.07
Increased by 8.15%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 954.8B | 1.1T | 1.2T | ||
| Avg | 919.7B | 977.4B | 1.1T | ||
| Low | 867.3B | 893.2B | 960.8B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 6.4% | 14.5% | 19.5% | ||
| Avg | 2.5% | 6.3% | 7.8% | ||
| Low | -3.4% | -2.9% | -1.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 25.41 | 29.21 | 34.45 | ||
| Avg | 24.07 | 26.04 | 28.73 | ||
| Low | 21.13 | 22.24 | 25.17 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 22.0% | 21.3% | 32.3% | ||
| Avg | 15.6% | 8.1% | 10.3% | ||
| Low | 1.5% | -7.6% | -3.3% |
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.