Wipro (WIT) Stock Price, News & Analysis

Company Overview

Wipro Limited (NYSE: WIT) is an Indian multinational corporation that provides information technology, consulting and business process services. Headquartered in Bengaluru, India, the company traces its origins to 1945 when it was founded as Western India Vegetable Products and later diversified into technology and IT services. Today Wipro positions itself as a provider of enterprise IT solutions and digital transformation services for large and mid-sized organizations across multiple industries.

The company’s service portfolio includes application development and maintenance, cloud and infrastructure services, data analytics and AI, cybersecurity, digital consulting, product engineering and research and development, as well as business process services. Wipro works with clients on end-to-end technology transformations that span modernizing legacy applications, migrating workloads to cloud platforms, implementing automation and AI-driven workflows, and delivering industry-specific software solutions and managed services.

Wipro operates on a global scale with delivery centers and client engagements across North America, Europe, Asia Pacific, the Middle East and other regions. Its go-to-market approach combines global delivery capabilities with local client engagement teams and partnerships with major technology vendors and cloud providers to execute large-scale implementations and managed services for enterprise customers across sectors such as financial services, healthcare, manufacturing, consumer goods and telecommunications.

The company’s evolution into a major IT services firm was guided by its founding family; Azim Premji led Wipro’s diversification and growth into technology services and is widely recognized for his role in building the business and his philanthropic work. Current leadership includes Chairman Rishad Premji and Chief Executive Officer and Managing Director Thierry Delaporte, who have emphasized priorities such as digital transformation, cloud-first strategies, talent development, acquisitions to fill capability gaps, and sustainability initiatives as part of Wipro’s long-term growth strategy.

Key Stats

• Today's Range: $1.99 to $2.03
• 50-Day Range: $1.79 to $2.47
• 52-Week Range: $1.75 to $3.09
• Volume: 8.20 million shs
• Average Volume: 9.19 million shs
• Market Capitalization: $19.93 billion
• P/E Ratio: 15.50
• Dividend Yield: 1.99%
• Price Target: $1.70
• Consensus Rating: Reduce

Wipro Stock Analysis - MarketRank™

Wipro scored higher than 38% of companies evaluated by MarketBeat, and ranked 432nd out of 594 stocks in the technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.2 / 5
• Analyst Rating: Reduce

Consensus Rating

Wipro has received a consensus rating of Reduce. The company's average rating score is 1.50, and is based on no strong buy ratings, no buy ratings, 2 hold ratings, and 2 sell ratings.

Downside Risk

Wipro has a consensus price target of $1.70, representing about 15.6% downside from its current price of $2.02.

Amount of Analyst Coverage

Wipro has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 7.14%

Earnings Growth

Earnings for Wipro are expected to grow by 7.14% in the coming year, from $0.14 to $0.15 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Wipro is 15.50, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 45.31.

Price to Earnings Ratio vs. Sector

The P/E ratio of Wipro is 15.50, which means that it is trading at a less expensive P/E ratio than the Technology sector average P/E ratio of about 76.02.

Price to Earnings Growth Ratio

Wipro has a PEG Ratio of 4.61. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Wipro has a P/B Ratio of 2.43. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.64% of the float of Wipro has been sold short.

Short Interest Ratio / Days to Cover

Wipro has a short interest ratio ("days to cover") of 4.36.

Change versus previous month

Short interest in Wipro has recently decreased by 6.62%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

Wipro pays a meaningful dividend of 1.83%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Wipro does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Wipro is 30.77%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Wipro will have a dividend payout ratio of 26.67% next year. This indicates that Wipro will be able to sustain or increase its dividend.

News and Social Media

• Score: 0.6 / 5
• News Sentiment: N/A

News Coverage This Week

MarketBeat has tracked 1 news article for Wipro this week, compared to 3 articles on an average week.

Search Interest

Only 1 people have searched for WIT on MarketBeat in the last 30 days. This is a decrease of -67% compared to the previous 30 days.

MarketBeat Follows

5 people have added Wipro to their MarketBeat watchlist in the last 30 days. This is an increase of 400% compared to the previous 30 days.

Company Ownership

• Score: 0.1 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Wipro insiders have not sold or bought any company stock.

Percentage Held by Insiders

1.00% of the stock of Wipro is held by insiders.

Percentage Held by Institutions

2.36% of the stock of Wipro is held by institutions.

Company Calendar

• Last Earnings: 7/17/2026
• Today: 8/08/2026
• Next Earnings (Estimated): 10/15/2026
• Fiscal Year End: 3/31/2027

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Technology
• Industry: IT Services
• Sub-Industry: IT Consulting & Other Services
• Current Symbol: NYSE:WIT
• CIK: 1123799
• Web: www.wipro.com
• Phone: 918046827999
• Fax: 91-80-2844-0054
• Employees: 240,000
• Year Founded: 1945

Price Target and Rating

• Average Price Target for Wipro: $1.70
• High Price Target: $1.70
• Low Price Target: $1.70
• Potential Upside/Downside: -15.6%
• Consensus Rating: Reduce
• Rating Score (0-4): 1.50
• Research Coverage: 4 Analysts

Profitability

• EPS (Trailing Twelve Months): $0.13
• Trailing P/E Ratio: 15.50
• Forward P/E Ratio: 14.39
• P/E Growth: 4.61
• Net Income: $1.41 billion
• Net Margins: 13.93%
• Pretax Margin: 17.48%
• Return on Equity: 15.40%
• Return on Assets: 9.67%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 1.67
• Quick Ratio: 1.67

Sales & Book Value

• Annual Sales: $9.87 billion
• Price / Sales: 2.02
• Cash Flow: $0.17 per share
• Price / Cash Flow: 12.16
• Book Value: $0.83 per share
• Price / Book: 2.43

Miscellaneous

• Outstanding Shares: 9,891,640,000
• Free Float: 9,792,729,000
• Market Cap: $19.93 billion
• Optionable: Optionable
• Beta: 0.98