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Stock market today: World shares mostly lower as Congress averts a US government shutdown
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S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
Stock market today: World shares mostly lower as Congress averts a US government shutdown
How is This "Hidden Gem" Thriving in a Turbulent Market? (Ad)
Bank of Japan survey shows manufacturers optimistic about economy
Federal student loan payments are starting again. Here's what you need to know
Gold Could Be Heading for Record Highs - But How to Play It? (Ad)
Sam Bankman-Fried must now convince a jury that the former crypto king was not a crook
Facing increasing pressure from customers, some miners are switching to renewable energy
How is This "Hidden Gem" Thriving in a Turbulent Market? (Ad)
Grant program for Black women entrepreneurs blocked by federal appeals court
The death toll in a collapsed gold mine in Zimbabwe expected to rise to 13, vice president says
S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
Stock market today: World shares mostly lower as Congress averts a US government shutdown
How is This "Hidden Gem" Thriving in a Turbulent Market? (Ad)
Bank of Japan survey shows manufacturers optimistic about economy
Federal student loan payments are starting again. Here's what you need to know
Gold Could Be Heading for Record Highs - But How to Play It? (Ad)
Sam Bankman-Fried must now convince a jury that the former crypto king was not a crook
Facing increasing pressure from customers, some miners are switching to renewable energy
How is This "Hidden Gem" Thriving in a Turbulent Market? (Ad)
Grant program for Black women entrepreneurs blocked by federal appeals court
The death toll in a collapsed gold mine in Zimbabwe expected to rise to 13, vice president says
S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
Stock market today: World shares mostly lower as Congress averts a US government shutdown
How is This "Hidden Gem" Thriving in a Turbulent Market? (Ad)
Bank of Japan survey shows manufacturers optimistic about economy
Federal student loan payments are starting again. Here's what you need to know
Gold Could Be Heading for Record Highs - But How to Play It? (Ad)
Sam Bankman-Fried must now convince a jury that the former crypto king was not a crook
Facing increasing pressure from customers, some miners are switching to renewable energy
How is This "Hidden Gem" Thriving in a Turbulent Market? (Ad)
Grant program for Black women entrepreneurs blocked by federal appeals court
The death toll in a collapsed gold mine in Zimbabwe expected to rise to 13, vice president says
NYSE:WIT

Wipro (WIT) Stock Forecast, Price & News

$4.84
-0.01 (-0.21%)
(As of 09/29/2023 08:54 PM ET)
Compare
Today's Range
$4.84
$4.92
50-Day Range
$4.81
$5.29
52-Week Range
$4.32
$5.31
Volume
2.22 million shs
Average Volume
1.92 million shs
Market Capitalization
$26.52 billion
P/E Ratio
18.62
Dividend Yield
0.21%
Price Target
$4.30

Wipro MarketRank™ Forecast

Analyst Rating
Strong Sell
1.00 Rating Score
Upside/​Downside
11.2% Downside
$4.30 Price Target
Short Interest
Healthy
0.24% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
11.54%
From $0.26 to $0.29 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.36 out of 5 stars

Computer And Technology Sector

573rd out of 608 stocks

Custom Computer Programming Services Industry

24th out of 26 stocks


WIT stock logo

About Wipro (NYSE:WIT) Stock

Wipro Limited operates as an information technology (IT), consulting, and business process services company worldwide. It operates through three segments: IT Services, IT Products, and India State Run Enterprise Services (ISRE). The IT Services segment offers IT and IT-enabled services, including digital strategy advisory, customer-centric design, technology and IT consulting, custom application design, development, re-engineering and maintenance, systems integration, package implementation, cloud and infrastructure, business process, cloud, mobility and analytics, research and development, and hardware and software design services to enterprises. It serves customers in various industry sectors, such as healthcare and medical devices, consumer goods and life sciences, retail, transportation and services, communications, media and information services, technology products and platforms, banking, financial services and insurance, manufacturing, hi-tech, energy, and utilities. The IT Products segment provides a range of third-party IT products comprising enterprise platforms, networking solutions, software and data storage products, contact center infrastructure, enterprise security, IT optimization technologies, video solutions, and end-user computing solutions. It serves enterprises in various industries primarily in the Indian market, which comprise the government, defense, IT and IT-enabled services, telecommunications, manufacturing, utilities, education, and financial services sectors. The ISRE segment offers IT services to entities and departments owned or controlled by the Government of India and/or various Indian State Governments. It also provides cybersecurity consulting services. The company has a partnership with ServiceNow, Inc. to develop Wipro CyberTransform - Intelligent ServiceNow Risk and Security Solutions. The company was incorporated in 1945 and is based in Bengaluru, India.

WIT Price History

WIT Stock News Headlines

Wipro Limited (WIT) Interactive Stock Chart - Yahoo Finance
How is This "Hidden Gem" Thriving in a Turbulent Market?
While Wall Street flounders and giants like Amazon & Microsoft lay off thousands... One overlooked company has been quietly achieving over 400% growth. How? By buying, building, and scaling a portfolio of promising brands in high-margin, recession-resistant verticals.
Wipro names Aparna Iyer as CFO
How is This "Hidden Gem" Thriving in a Turbulent Market?
While Wall Street flounders and giants like Amazon & Microsoft lay off thousands... One overlooked company has been quietly achieving over 400% growth. How? By buying, building, and scaling a portfolio of promising brands in high-margin, recession-resistant verticals.
Wipro: Growth In The AI Digital Age
WIT - Wipro Limited
See More Headlines
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WIT Company Calendar

Last Earnings
7/13/2023
Today
10/01/2023
Next Earnings (Estimated)
10/11/2023
Fiscal Year End
3/31/2024

Industry, Sector and Symbol

Industry
Custom computer programming services
Sub-Industry
N/A
Employees
256,921
Year Founded
1945

Price Target and Rating

Average Stock Price Forecast
$4.30
High Stock Price Forecast
$4.70
Low Stock Price Forecast
$3.90
Forecasted Upside/Downside
-11.2%
Consensus Rating
Strong Sell
Rating Score (0-4)
1.00
Research Coverage
4 Analysts

Profitability

Net Income
$1.38 billion
Pretax Margin
16.40%

Debt

Sales & Book Value

Annual Sales
$11.01 billion
Cash Flow
$0.33 per share
Book Value
$1.74 per share

Miscellaneous

Outstanding Shares
5,480,230,000
Free Float
5,425,432,000
Market Cap
$26.52 billion
Optionable
Optionable
Beta
0.81

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Key Executives

  • Mr. Rishad Azim Hasham Premji Jr. (Age 46)
    Exec. Chairman
    Comp: $951.35k
  • Mr. Thierry Delaporte (Age 56)
    MD, CEO, Director & Member of Exec. Board
    Comp: $10.03M
  • Mr. Jatin Pravinchandra Dalal (Age 48)
    Pres, CFO & Exec. Board Member
    Comp: $1.08M
  • Mr. Srinivas Pallia (Age 56)
    CEO of Americas 1 & Exec. Board Member
  • Mr. Saurabh Govil (Age 55)
    Chief HR Officer & Exec. Board Member
  • Mr. Nagendra P. Bandaru
    Global Managing Partner of iCORE Bus. Line & Exec. Board Member
  • Mr. Pierre Bruno
    Member of Exec. Board & CEO of Europe
  • Ms. Stephanie Trautman
    Chief Growth Officer & Exec. Board Member
  • Ms. Suzanne Dann
    CEO of Americas 21 Strategic Market Unit & Exec. Board Member
  • Mr. Anis Chenchah
    Member of Exec. Board & CEO of APMEA













WIT Stock - Frequently Asked Questions

Should I buy or sell Wipro stock right now?

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Wipro in the last year. There are currently 4 sell ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "strong sell" WIT shares.
View WIT analyst ratings
or view top-rated stocks.

What is Wipro's stock price forecast for 2023?

4 Wall Street research analysts have issued 1 year price targets for Wipro's shares. Their WIT share price forecasts range from $3.90 to $4.70. On average, they expect the company's stock price to reach $4.30 in the next twelve months. This suggests that the stock has a possible downside of 11.2%.
View analysts price targets for WIT
or view top-rated stocks among Wall Street analysts.

How have WIT shares performed in 2023?

Wipro's stock was trading at $4.66 at the beginning of 2023. Since then, WIT shares have increased by 3.9% and is now trading at $4.84.
View the best growth stocks for 2023 here
.

When is Wipro's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, October 11th 2023.
View our WIT earnings forecast
.

How were Wipro's earnings last quarter?

Wipro Limited (NYSE:WIT) announced its earnings results on Thursday, July, 13th. The information technology services provider reported $0.06 earnings per share for the quarter, missing analysts' consensus estimates of $0.07 by $0.01. The information technology services provider earned $2.78 billion during the quarter, compared to analysts' expectations of $2.79 billion. Wipro had a trailing twelve-month return on equity of 15.94% and a net margin of 12.70%.

Is Wipro a good dividend stock?

Wipro (NYSE:WIT) pays an annual dividend of $0.01 per share and currently has a dividend yield of 0.22%. The dividend payout ratio is 3.85%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, WIT will have a dividend payout ratio of 3.45% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for WIT.

When did Wipro's stock split?

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

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

60 employees have rated Wipro Chief Executive Officer Thierry Delaporte on Glassdoor.com. Thierry Delaporte has an approval rating of 86% among the company's employees.

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), RTX (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."

How do I buy shares of Wipro?

Shares of WIT stock 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.
Compare Top Brokerages Here.

What is Wipro's stock price today?

One share of WIT stock can currently be purchased for approximately $4.84.

How much money does Wipro make?

Wipro (NYSE:WIT) has a market capitalization of $26.52 billion and generates $11.01 billion in revenue each year. The information technology services provider earns $1.38 billion in net income (profit) each year or $0.26 on an earnings per share basis.

How many employees does Wipro have?

The company employs 256,921 workers across the globe.

Does Wipro have any subsidiaries?
The following companies are subsidiares of Wipro: 4C, ATCO I-Tek Inc., ATOM Solutions LLC, Ampion Holdings Pty Ltd, Appirio Inc., CAPCO (US) LLC, CapAfric Consulting (Pty) Ltd, Capco, Capco (Canada) GP ULC, Capco (UK) 1 Limited, Capco (US) GP LLC, Capco Austria GmbH, Capco Belgium BV, Capco Brasil Serviços E Consultoria Em Informática Ltda, Capco Consultancy (Malaysia) Sdn. Bhd, Capco Consultancy (Thailand) Ltd, Capco Consulting Services (Guangzhou) Company Limited, Capco Consulting Services LLC, Capco Consulting Singapore Pte. Ltd, Capco Greece Single Member P.C, Capco Poland sp. z.o.o, Capco RISC Consulting LLC, Cardinal Foreign Holdings 2 S.á.r.l, Cardinal Foreign Holdings S.á.r.l, Cardinal US Holdings Inc., Cellent GmbH, Citi Technology Services, CloudSocius DMCC, Convergence Acceleration Solutions LLC, Designit, Designit A/S, Designit Denmark A/S, Designit Germany GmbH, Designit North America Inc., Designit Oslo A/S, Designit Spain Digital S.L.U, Designit Sweden AB, Designit T.L.V Ltd., Designit Tokyo Ltd., Edgile LLC, Encore Theme Technologies, Encore Theme Technologies Private Limited, Eximius Design, Felelősségű Társaság, Global Oil and Gas Information Technology Services Business, Grove Holdings 2 S.á.r.l, HealthPlan Services, HealthPlan Services Inc., HealthPlan Services Insurance Agency LLC, ITI Proficiency Ltd, IVIA, InfoServer, Infocrossing LLC, International TechneGroup, International TechneGroup Incorporated, International TechneGroup Ltd., Korlátolt Felelősségű Társaság, LeanSwift AB, LeanSwift Solutions Inc., LeanSwift Solutions Inc., LeanSwift Solutions LLC, METRO SYSTEMS Romania, MechWorks s.r.l., Metronom, NEOS Holdings LLC, NEOS LLC, NEOS Software LLC, Opus Capital Markets Consultants, PT. WT Indonesia, Promax Application Group, Rainbow Software LLC, Rizing Intermediate Holdings Inc, The Capital Markets Company (UK) Ltd, The Capital Markets Company LLC, The Capital Markets Company Limited, The Capital Markets Company S.á.r.l, The Capital Markets Company s.r.o, Topcoder LLC., Viteos Group, Wipro (Dalian) Limited, Wipro (Thailand) Co. Limited, Wipro 4C Consulting France SAS, Wipro 4C Danmark ApS, Wipro 4C NV, Wipro 4C Nederland B.V., Wipro Appirio (Ireland) Limited, Wipro Appirio Inc., Wipro Appirio K.K, Wipro Appirio UK Limited, Wipro Arabia Co. Limited, Wipro Bahrain Limited Co. W.L.L, Wipro Business Solutions GmbH, Wipro Chengdu Limited, Wipro Designit Services Inc., Wipro Designit Services Limited, Wipro Do Brasil Sistemetas De Informatica Ltd, 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 (UK) Limited, Wipro Holdings Hungary Korlátolt, Wipro Holdings Investment, Wipro IT Service Ukraine LLC, Wipro IT Services Austria GmbH, 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 UK Societas, Wipro Information Technology Egypt SAE, Wipro Information Technology Kazakhstan LLP, Wipro Information Technology Netherlands BV., Wipro Insurance Solutions LLC, Wipro Italia S.R.L, Wipro Japan KK, Wipro LLC, Wipro Networks Pte Limited, Wipro Opus Risk Solutions LLC, Wipro Outsourcing Services (Ireland) Limited, Wipro Overseas IT Services Private Limited, Wipro Philippines Inc., Wipro Poland SP Z.O.O, Wipro Portugal S.A., Wipro Shanghai Limited, Wipro Solutions Canada Limited, Wipro Technologies Australia Pty Ltd, Wipro Technologies GmbH, Wipro Technologies Limited, Wipro Technologies Nigeria Limited, Wipro Technologies Peru SAC, Wipro Technologies SA, Wipro Technologies SA DE CV, Wipro Technologies SDN BHD, Wipro Technologies SRL, Wipro Technologies South Africa (Proprietary) Limited, Wipro Technologies W.T. Sociedad Anonima, Wipro Technology Chile SPA, Wipro Technology Solutions S.R.L, Wipro Trademarks Holding Limited, Wipro Travel Services Limited, Wipro UK Limited, Wipro US Foundation, Wipro VLSI Design Services India Private Limited, Wipro VLSI Design Services LLC, Wipro Weare4C UK Limited, Wipro do Brasil Servicos Ltda, Wipro do Brasil Technologia Ltda, and Women's Business Park Technologies Limited.
Read More
How can I contact Wipro?

Wipro's mailing address is DODDAKANAHALLI VILLAG VARTHUR HOBLI SARJAPUR RD, BANGALORE K7, 560035. The official website for the company is www.wipro.com. The information technology services provider can be reached via phone at 918046827999, via email at investor.relations@wipro.com, or via fax at 91-80-2844-0054.

This page (NYSE:WIT) was last updated on 10/2/2023 by MarketBeat.com Staff

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