Wipro Limited (WIT)
NYSE: WIT · IEX Real-Time Price · USD
5.75
+0.05 (0.88%)
Mar 28, 2024, 4:00 PM EDT - Market closed
Wipro Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for Wipro stock have an average target of 5.00, with a low estimate of 4.30 and a high estimate of 6.00. The average target predicts a decrease of -13.04% from the current stock price of 5.75.
Analyst Consensus: Strong Sell
* Price targets were last updated on Jan 16, 2024.
Analyst Ratings
The average analyst rating for Wipro stock from 3 stock analysts is "Strong Sell". This means that analysts believe this stock is likely to have very poor returns in the near future.
Recommendation Trends
Rating | Oct '23 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 |
---|---|---|---|---|---|---|
Strong Buy | 1 | 1 | 1 | 0 | 0 | 0 |
Buy | 0 | 0 | 0 | 0 | 0 | 0 |
Hold | 0 | 0 | 0 | 0 | 0 | 0 |
Sell | 2 | 2 | 2 | 3 | 3 | 2 |
Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
Total | 4 | 4 | 4 | 4 | 4 | 3 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
Wedbush | Wedbush | Sell Maintains $4 → $6 | Sell | Maintains | $4 → $6 | +4.35% | Jan 16, 2024 |
Goldman Sachs | Goldman Sachs | Strong Sell Initiates $4.7 | Strong Sell | Initiates | $4.7 | -18.26% | Aug 22, 2023 |
JP Morgan | JP Morgan | Sell Initiates $4.3 | Sell | Initiates | $4.3 | -25.22% | May 24, 2023 |
Bernstein | Bernstein | Hold → Sell Downgrades $5.1 → $3.9 | Hold → Sell | Downgrades | $5.1 → $3.9 | -32.17% | 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
925.76B
from 904.88B
Increased by 2.31%
Revenue Next Year
973.33B
from 925.76B
Increased by 5.14%
EPS This Year
21.42
from 20.68
Increased by 3.60%
EPS Next Year
24.22
from 21.42
Increased by 13.03%
Revenue Forecast
Revenue | 2023 | 2024 | 2025 |
---|---|---|---|
High | 971.0B | 1.1T | 1.3T |
Avg | 925.8B | 973.3B | 1.1T |
Low | 876.3B | 898.0B | 959.2B |
Revenue Growth
Revenue Growth | 2023 | 2024 | 2025 |
---|---|---|---|
High | 7.3% | 20.4% | 29.2% |
Avg | 2.3% | 5.1% | 9.0% |
Low | -3.2% | -3.0% | -1.5% |
EPS Forecast
EPS | 2023 | 2024 | 2025 | 2026 |
---|---|---|---|---|
High | 22.60 | 28.77 | 32.13 | 28.54 |
Avg | 21.42 | 24.22 | 27.25 | 28.00 |
Low | 19.40 | 20.58 | 23.23 | 26.64 |
EPS Growth
EPS Growth | 2023 | 2024 | 2025 | 2026 |
---|---|---|---|---|
High | 9.3% | 34.3% | 32.7% | 4.8% |
Avg | 3.6% | 13.0% | 12.5% | 2.8% |
Low | -6.2% | -3.9% | -4.1% | -2.2% |
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.