Wipro Stock Forecast, Price & News

Wipro (NYSE:WIT) Frequently Asked Questions

Is Wipro a buy right now?

6 Wall Street equities research 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 equities research 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.

How has Wipro's stock been impacted by COVID-19 (Coronavirus)?

Wipro's stock was trading at $3.14 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, WIT shares have increased by 168.5% and is now trading at $8.43.
View which stocks have been most impacted by COVID-19.

Are investors shorting Wipro?

Wipro saw a increase in short interest in the month of November. As of November 15th, there was short interest totaling 9,720,000 shares, an increase of 17.8% from the October 31st total of 8,250,000 shares. Based on an average daily volume of 1,790,000 shares, the days-to-cover ratio is presently 5.4 days.
View Wipro's Short Interest.

When is Wipro's next earnings date?

Wipro is scheduled to release its next quarterly earnings announcement on Wednesday, January 12th 2022.
View our earnings forecast for Wipro.

How were Wipro's earnings last quarter?

Wipro Limited (NYSE:WIT) issued its quarterly earnings data on Tuesday, October, 12th. The information technology services provider reported $0.07 earnings per share for the quarter, meeting the Thomson Reuters' consensus estimate of $0.07. The information technology services provider had revenue of $2.65 billion for the quarter, compared to the consensus estimate of $2.60 billion. Wipro had a trailing twelve-month return on equity of 21.07% and a net margin of 17.33%. During the same quarter last year, the company earned $0.06 earnings per share.
View Wipro's earnings history.

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

Wipro announced an annual dividend on Wednesday, January 13th. Investors of record on Monday, January 25th will be given a dividend of $0.012 per share on Monday, January 25th. This represents a yield of 0.19%. The ex-dividend date is Friday, January 22nd.
View Wipro's dividend history.

Is Wipro a good dividend stock?

Wipro pays an annual dividend of $0.01 per share and currently has a dividend yield of 0.12%. The dividend payout ratio of Wipro is 3.45%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Wipro will have a dividend payout ratio of 3.23% 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?

Shares of Wipro split on Friday, June 9th 2017. The 2-1 split was announced on Monday, June 12th 2017. The newly minted shares were distributed 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 1-year price targets for Wipro's stock. Their forecasts range from $6.23 to $6.23. On average, they expect Wipro's share price to reach $6.23 in the next year. This suggests that the stock has a possible downside of 26.1%.
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:

• Thierry Delaporte, CEO, Executive Director & Managing Director
• Jatin Pravinchandra Dalal, President & Chief Financial Officer
• Sanjeev Singh, Chief Operations Officer
• Harmeet Chauhan, Global Head-Engineering, Research & Development
• Subha Tatavarti, Chief Technology Officer

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), Zscaler (ZS), Cognizant Technology Solutions (CTSH), EPAM Systems (EPAM), NTT DATA (NTDTY), VeriSign (VRSN), OBIC Co.,Ltd. (OBIIF), Doximity (DOCS), Aspen Technology (AZPN), Amdocs (DOX), Turing (TWKS), Endava (DAVA), GEMALTO NV/S (GTOMY), 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 a number of institutional and retail investors. Top institutional investors include BlackRock Inc. (0.28%), Nordea Investment Management AB (0.13%), Goldman Sachs Group Inc. (0.11%), Schroder Investment Management Group (0.10%), Fisher Asset Management LLC (0.07%) and Morgan Stanley (0.07%).

Which major investors are selling Wipro stock?

WIT stock was sold by a variety of institutional investors in the last quarter, including LSV Asset Management, Schroder Investment Management Group, Wellington Management Group LLP, Invesco Ltd., Sumitomo Mitsui Trust Holdings Inc., Ativo Capital Management LLC, UBS Group AG, and US Bancorp DE.

Which major investors are buying Wipro stock?

WIT stock was bought by a variety of institutional investors in the last quarter, including Nordea Investment Management AB, Goldman Sachs Group Inc., Arrowstreet Capital Limited Partnership, Millennium Management LLC, Citigroup Inc., Morgan Stanley, Schonfeld Strategic Advisors LLC, and Applied Research Investments LLC.

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.
Compare Top Brokerages Here.

What is Wipro's stock price today?

One share of WIT stock can currently be purchased for approximately $8.43.

How much money does Wipro make?

Wipro has a market capitalization of $46.19 billion and generates $8.47 billion in revenue each year. The information technology services provider earns $1.48 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.

Where are Wipro's headquarters?

Wipro is headquartered at DODDAKANAHALLI VILLAG VARTHUR HOBLI SARJAPUR RD, BANGALORE K7, 560035.

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.