Wipro Stock Forecast, Price & News

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Wipro in the last twelve months. There are currently 1 sell rating, 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street 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.

Wall Street analysts have given Wipro a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Wipro wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
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Wipro is scheduled to release its next quarterly earnings announcement on Wednesday, April 21st 2021.
View our earnings forecast for Wipro.

Wipro Limited (NYSE:WIT) announced its earnings results on Tuesday, January, 12th. The information technology services provider reported $0.07 earnings per share for the quarter, beating analysts' consensus estimates of $0.06 by $0.01. The information technology services provider earned $2.15 billion during the quarter, compared to the consensus estimate of $2.11 billion. Wipro had a trailing twelve-month return on equity of 17.14% and a net margin of 15.72%.
View Wipro's earnings history.

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 96.5% and is now trading at $6.17.
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Wipro announced an annual dividend on Wednesday, January 13th. Shareholders 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 of this dividend is Friday, January 22nd.
View Wipro's dividend history.

Wipro pays an annual dividend of $0.01 per share and currently has a dividend yield of 0.16%. The dividend payout ratio of Wipro is 4.55%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Wipro will have a dividend payout ratio of 4.00% next year. This indicates that Wipro will be able to sustain or increase its dividend.
View Wipro's dividend history.

Wipro shares split on 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 Wipro stock prior to the split would have 200 shares after the split.

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

Some companies that are related to Wipro include Infosys (INFY), Cognizant Technology Solutions (CTSH), Zscaler (ZS), NTT DATA (NTDTY), VeriSign (VRSN), OBIC Co.,Ltd. (OBIIF), EPAM Systems (EPAM), Aspen Technology (AZPN), Amdocs (DOX), GEMALTO NV/S (GTOMY), Endava (DAVA), Sogou (SOGO), Glu Mobile (GLUU), PROS (PRO) and Perficient (PRFT).
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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), The Walt Disney (DIS), Intel (INTC), Tata Motors (TTM), Alibaba Group (BABA) and General Electric (GE).

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

Wipro's stock is owned by a number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (0.21%), Aperio Group LLC (0.08%), First Trust Advisors LP (0.08%), Morgan Stanley (0.07%), Fisher Asset Management LLC (0.07%) and Schroder Investment Management Group (0.07%).

WIT stock was sold by a variety of institutional investors in the last quarter, including Schroder Investment Management Group, BlackRock Inc., Renaissance Technologies LLC, Fisher Asset Management LLC, Ativo Capital Management LLC, CWM Advisors LLC, Zurcher Kantonalbank Zurich Cantonalbank, and United Capital Financial Advisers LLC.

WIT stock was purchased by a variety of institutional investors in the last quarter, including Morgan Stanley, First Trust Advisors LP, Nordea Investment Management AB, Russell Investments Group Ltd., Causeway Capital Management LLC, Janney Montgomery Scott LLC, Marshall Financial Group LLC, and Ovata Capital Management Ltd.

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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One share of WIT stock can currently be purchased for approximately $6.17.

Wipro has a market capitalization of $35.13 billion and generates $8.09 billion in revenue each year. The information technology services provider earns $1.29 billion in net income (profit) each year or $0.22 on an earnings per share basis.

Wipro employs 190,308 workers across the globe.

The following companies are subsidiares of Wipro: 4C, ATCO I-Tek Inc., Appirio Inc., Appirio India Cloud Solutions Private Limited, 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.

Wipro was founded in 1945.

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

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

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 91-80-4672-6603 or via email at [email protected]