Wipro (WIT) Stock Forecast, Price & News

Wipro (NYSE:WIT) Frequently Asked Questions

Is Wipro a buy right now?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Wipro in the last twelve months. There are currently 1 sell rating, 4 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" Wipro stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in WIT, but not buy additional shares or sell existing shares.
View analyst ratings for Wipro or view top-rated stocks.

When is Wipro's next earnings date?

Wipro is scheduled to release its next quarterly earnings announcement on Thursday, July 21st 2022.
View our earnings forecast for Wipro.

How were Wipro's earnings last quarter?

Wipro Limited (NYSE:WIT) announced its quarterly earnings results on Friday, April, 29th. The information technology services provider reported $0.07 EPS for the quarter, missing the consensus estimate of $0.08 by $0.01. The information technology services provider earned $2.75 billion during the quarter, compared to analysts' expectations of $2.79 billion. Wipro had a trailing twelve-month return on equity of 19.33% and a net margin of 15.44%.
View Wipro's earnings history.

How often does Wipro pay dividends? What is the dividend yield for Wipro?

Wipro declared a dividend on Friday, March 25th. Stockholders of record on Wednesday, April 6th will be given a dividend of $0.059 per share on Wednesday, April 6th. The ex-dividend date is Tuesday, April 5th. This is a positive change from Wipro's previous dividend of $0.02.
View Wipro's dividend history.

Is Wipro a good dividend stock?

Wipro pays an annual dividend of $0.07 per share and currently has a dividend yield of 1.17%. The dividend payout ratio of Wipro is 24.14%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Wipro will have a dividend payout ratio of 21.21% next year. This indicates that Wipro will be able to sustain or increase its dividend.
View Wipro's dividend history.

When did Wipro's stock split? How did Wipro's stock split work?

Wipro's stock split on Friday, June 9th 2017. The 2-1 split was announced on Monday, June 12th 2017. The newly issued shares were payable to shareholders after the market closes on Tuesday, April 25th 2017. An investor that had 100 shares of Wipro stock prior to the split would have 200 shares after the split.

What price target have analysts set for WIT?

6 equities research analysts have issued twelve-month price targets for Wipro's stock. Their forecasts range from $6.23 to $7.70. On average, they expect Wipro's stock price to reach $6.97 in the next twelve months. This suggests a possible upside of 17.3% from the stock's current price.
View analysts' price targets for Wipro or view top-rated stocks among Wall Street analysts.

Who are Wipro's key executives?

Wipro's management team includes the following people:

• Mr. Rishad Azim Hasham Premji Jr., Exec. Chairman (Age 45, Pay $1.54M)
• Mr. Thierry Delaporte, MD, CEO, Director & Member of Exec. Board (Age 55, Pay $8.73M)
• Mr. B. M. Bhanumurthy, Pres & COO (Age 58)
• Mr. Saurabh Govil, Pres, Chief HR Officer & Exec. Board Member (Age 54)
• Mr. Jatin Pravinchandra Dalal, Pres, CFO & Exec. Board Member (Age 47)
• Mr. Mohammed Sanaulla Khan, VP, Compliance Officer & Company Sec. (Age 52)
• Mr. Deepak Acharya, SVP, Chief Risk Officer & Gen. Counsel (Age 55)
• Ms. Sunita Rebecca Cherian, Chief Culture Officer (Age 48)
• Mr. Keyur Maniar BE, MBA, Diploma, Sr. VP (Age 52)
• Kumudha Sridharan, Sr. VP (Age 58)

What is Thierry Delaporte's approval rating as Wipro's CEO?

60 employees have rated Wipro CEO Thierry Delaporte on Glassdoor.com. Thierry Delaporte has an approval rating of 86% among Wipro's employees.

Who are some of Wipro's key competitors?

Some companies that are related to Wipro include Infosys (INFY), Cognizant Technology Solutions (CTSH), NTT DATA (NTDTY), Zscaler (ZS), EPAM Systems (EPAM), VeriSign (VRSN), OBIC Co.,Ltd. (OBIIF), Aspen Technology (AZPN), Amdocs (DOX), Doximity (DOCS), Endava (DAVA), GEMALTO NV/S (GTOMY), Thoughtworks (TWKS), Perficient (PRFT) and Compass (COMP).
View all of WIT's competitors.

What other stocks do shareholders of Wipro own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Wipro investors own include Infosys (INFY), Cisco Systems (CSCO), Raytheon Technologies (RTX), Abbott Laboratories (ABT), Ford Motor (F), Walt Disney (DIS), Intel (INTC), Tata Motors (TTM), Alibaba Group (BABA) and General Electric (GE).

What is Wipro's stock symbol?

Wipro trades on the New York Stock Exchange (NYSE) under the ticker symbol "WIT."

Who are Wipro's major shareholders?

Wipro's stock is owned by many different institutional and retail investors. Top institutional investors include BlackRock Inc. (0.29%), Vanguard Group Inc. (0.23%), State Street Corp (0.19%), Goldman Sachs Group Inc. (0.16%), SG Americas Securities LLC (0.07%) and JPMorgan Chase & Co. (0.07%).

Which major investors are selling Wipro stock?

WIT stock was sold by a variety of institutional investors in the last quarter, including Acadian Asset Management LLC, Lazard Asset Management LLC, Arrowstreet Capital Limited Partnership, Vanguard Group Inc., Sumitomo Mitsui Trust Holdings Inc., Leuthold Group LLC, Wellington Management Group LLP, and Connor Clark & Lunn Investment Management Ltd..

Which major investors are buying Wipro stock?

WIT stock was acquired by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., SG Americas Securities LLC, Goldman Sachs Group Inc., Jane Street Group LLC, NINE MASTS CAPITAL Ltd, Segantii Capital Management Ltd, BlackRock Inc., and Nordea Investment Management AB.

How do I buy shares of Wipro?

Shares of WIT can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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What is Wipro's stock price today?

One share of WIT stock can currently be purchased for approximately $5.94.

How much money does Wipro make?

Wipro has a market capitalization of $32.47 billion and generates $10.43 billion in revenue each year. The information technology services provider earns $1.61 billion in net income (profit) each year or $0.29 on an earnings per share basis.

How many employees does Wipro have?

Wipro employs 200,000 workers across the globe.

Does Wipro have any subsidiaries?

The following companies are subsidiares of Wipro: 4C, ATCO I-Tek Inc., Appirio Inc., Appirio India Cloud Solutions Private Limited, Capco, Cellent GmbH, Citi Technology Services, Cooper Software Inc., Designit A/S, Designit Denmark A/S, Designit Germany GmbH, Designit Oslo A/S, Designit Spain Digital S.L., Designit Sweden AB, Designit T.L.V Ltd., Designit Tokyo Ltd., Global Oil and Gas Information Technology Services Business, HPH Holdings Corp., HealthPlan Services, HealthPlan Services Inc., InfoServer, Infocrossing LLC, International TechneGroup, Opus Capital Markets Consultants, Opus Capital Markets Consultants LLC, PT. WT Indonesia, Promax Application Group, Rainbow Software LLC, Rational Interaction Inc., TechneGroup Incorporated, Viteos Group, Wipro (Dalian) Limited, Wipro (Thailand) Co. Limited, Wipro Airport IT Services Limited*, Wipro Arabia Co. Limited, Wipro Bahrain Limited Co. S.P.C., Wipro Chengdu Limited, Wipro Corporate Technologies Ghana Limited, Wipro Cyprus Private Limited, Wipro Digital Aps, Wipro Doha LLC, Wipro Europe Limited, Wipro Financial Services UK Limited, Wipro Gallagher Solutions LLC, Wipro Gulf LLC, Wipro HR Services India Private Limited, Wipro Holdings (Mauritius) Limited, Wipro Holdings (UK) Limited, Wipro Holdings Hungary Korlátolt Felelosségu Társaság, Wipro Holdings Investment Korlátolt Felelosségu Társaság, Wipro IT Service Ukraine LLC, Wipro IT Services Bangladesh Limited, Wipro IT Services LLC, Wipro IT Services Poland SP Z.O.O, Wipro IT Services S.R.L., Wipro IT Services SE, Wipro Information Technology Austria GmbH, Wipro Information Technology Egypt SAE, Wipro Information Technology Kazakhstan LLP, Wipro Information Technology Netherlands BV., Wipro Insurance Solutions LLC, Wipro Japan KK, Wipro LLC, Wipro LLC, Wipro Networks Pte Limited, Wipro Outsourcing Services (Ireland) Limited, Wipro Overseas IT Services Pvt. Ltd, Wipro Philippines Inc., Wipro Poland SP Z.O.O, Wipro Portugal S.A., Wipro Promax Analytics Solutions Americas LLC, Wipro Shanghai Limited, Wipro Solutions Canada Limited, Wipro Technologies Australia Pty Ltd, Wipro Technologies Limited, Wipro Technologies Nigeria Limited, Wipro Technologies Peru S.A.C., Wipro Technologies S.R.L., Wipro Technologies SA, Wipro Technologies SA DE CV, Wipro Technologies SDN BHD, Wipro Technologies South Africa (Proprietary) Limited, Wipro Technologies VZ C.A., Wipro Technologies W.T. Sociedad Anonima, Wipro Technology Chile SPA, Wipro Trademarks Holding Limited, Wipro Travel Services Limited, Wipro UK Limited, Wipro US Foundation International, Wipro do Brasil Servicos de Tecnologia S.A., Wipro do Brasil Technologia Ltda, and Women’s Business Park Technologies Limited.

When was Wipro founded?

Wipro was founded in 1945.

What is Wipro's official website?

The official website for Wipro is www.wipro.com.

How can I contact Wipro?

Wipro's mailing address is DODDAKANAHALLI VILLAG VARTHUR HOBLI SARJAPUR RD, BANGALORE K7, 560035. The information technology services provider can be reached via phone at 918046827999, via email at [email protected], or via fax at 91-80-2844-0054.