Upside case
Bull case
$312+12966.9%
WIT would need investors to value it at roughly 24x earnings — about 24x more generous than today's 0x forward P/E. That requires meaningful multiple expansion on top of continued earnings growth.
Analysis OverviewHoldUpdated Jun 18, 2026
Wipro Limited (WIT) Stock Analysis
Wall Street verdict, consensus price target, and analyst rating breakdown — everything needed to frame the risk/reward at today's price.
Analyst consensus
Hold
Covering
21
analysts
4 bullish · 7 bearish · 21 covering WIT
Strong Buy
0
Buy
4
Hold
10
Sell
7
Strong Sell
0
Consensus Target
$7
+207.5% vs today
Scenario Range
$149 – $312
Model bear to bull value window
Coverage
21
Published analyst ratings
Valuation Context
0.2x
Forward P/E · Market cap $25.0B
WIT price targets
Three scenarios for where WIT stock could go
Current
~$2
Confidence
53 / 100
Updated
Jun 18, 2026
Where we are now
Current · $2
Bear
$149
Base
$237
Bull
$312
Market caseClosest to today
Base case
$237+9817.2%
At 19x on FY1 earnings, the base case reflects a reasonable but not stretched valuation. It prices in continued growth without assuming an exceptional setup.
Stress case
Bear case
$149+6147.7%
The bear case assumes sentiment or fundamentals disappoint enough to push WIT down roughly 6148% from the current price.
Not financial advice. Model confidence reflects internal scenario assumptions, not a guarantee of returns. Past performance does not predict future results.
Wipro Limited
WIT · NYSETechnologyInformation Technology ServicesMarch year-end
Wipro is a global IT services and consulting company that provides digital transformation, technology implementation, and business process outsourcing solutions. It generates revenue primarily from IT services — including consulting, application development, and infrastructure management — which accounts for the vast majority of its income, supplemented by IT product sales. The company's competitive advantage lies in its deep industry-specific expertise, global delivery model, and long-term client relationships built over decades of service.
Market Cap
$25.0B
Revenue TTM
$900.0B
Net Income TTM
$135.5B
Net Margin
15.1%
WIT Revenue and Earnings Performance
Quarterly beat-or-miss track record against analyst estimates, plus forward revenue and EPS outlook for the next two fiscal years.
EPS Beat Rate
0%Mixed
12 quarters tracked
Revenue Beat Rate
25%Exceptional
vs consensus estimates
Avg EPS Surprise
-6.4%
above Street consensus
Beat / Miss Record
BeatMissLeft = EPS · Right = Revenue
Q3 2025
Q4 2025
Q1 2026
Q2 2026
Last 4 Quarters
EPS beats: 2 of 4Q3 2025
EPS
$0.04/$0.04
Revenue
$2.6B/$2.6B
Q4 2025
EPS
$0.04/$0.04
Revenue
$2.6B/$2.6B
Q1 2026
EPS
$0.03/$0.04
Revenue
$2.6B/$2.6B
Q2 2026
EPS
$0.04/$0.04
Revenue
$2.6B/$2.6B
| Quarter | EPS (Actual / Est) | EPS Surprise | Revenue (Actual / Est) | Rev Surprise |
|---|---|---|---|---|
| Q3 2025 | $0.04/$0.04 | +0.0% | $2.6B/$2.6B | -0.5% |
| Q4 2025 | $0.04/$0.04 | -1.2% | $2.6B/$2.6B | +0.4% |
| Q1 2026 | $0.03/$0.04 | -25.0% | $2.6B/$2.6B | -0.6% |
| Q2 2026 | $0.04/$0.04 | +0.0% | $2.6B/$2.6B | -0.3% |
FY1–FY2 Estimates
Revenue Outlook
FY1
$949.3B
+5.5% YoY
FY2
$996.7B
+5.0% YoY
EPS Outlook
FY1
$13.55
+4.8% YoY
FY2
$14.27
+5.3% YoY
Trailing FCF (TTM)$145.9B
FCF Margin: 16.2%
Next Earnings
July 16, 2026
Expected EPS
$0.03
Expected Revenue
$2.6B
WIT beat EPS estimates in 2 of 4 tracked quarters. Mixed delivery makes the upcoming report a key data point for re-rating.
WIT Valuation Snapshot
Current multiples compared to the S&P 500, the company's sector, and its own five-year average.
Relative Value Signal
Cheap versus peers
Fair value est. $122 — implies +4993.4% from today's price.
Upside to Fair Value
4993.4%
potential upside
Deep DiscountFair ValueVery Expensive
vs S&P 500 Trailing P/E
WIT
18.0x
vs
S&P 500
24.4x
27% discount
vs Technology Trailing P/E
WIT
18.0x
vs
Technology
29.0x
38% discount
vs WIT 5Y Avg P/E
Today
18.0x
vs
5Y Average
0.3x
+6240% premium
Forward PE
0.2x
S&P 500
18.8x
-99%
Technology
22.3x
-99%
5Y Avg
—
—
Trailing PE
18.0x
S&P 500
24.4x
-27%
Technology
29.0x
-38%
5Y Avg
0.3x
+6240%
PEG Ratio
2.10x
S&P 500
1.66x
+26%
Technology
1.51x
+39%
5Y Avg
—
—
EV/EBITDA
13.3x
S&P 500
15.2x
-12%
Technology
16.6x
-20%
5Y Avg
0.6x
+2075%
Price/FCF
15.3x
S&P 500
20.7x
-26%
Technology
19.2x
-20%
5Y Avg
0.3x
+5546%
Price/Sales
2.6x
S&P 500
3.1x
-15%
Technology
2.4x
+7%
5Y Avg
0.0x
+6208%
Dividend Yield
2.66%
S&P 500
1.91%
+39%
Technology
1.11%
+140%
5Y Avg
15.07%
-82%
| Metric | WIT | S&P 500 | Technology | 5Y Avg WIT |
|---|---|---|---|---|
| Forward PE | 0.2x | 18.8x-99% | 22.3x-99% | — |
| Trailing PE | 18.0x | 24.4x-27% | 29.0x-38% | 0.3x+6240% |
| PEG Ratio | 2.10x | 1.66x+26% | 1.51x+39% | — |
| EV/EBITDA | 13.3x | 15.2x-12% | 16.6x-20% | 0.6x+2075% |
| Price/FCF | 15.3x | 20.7x-26% | 19.2x-20% | 0.3x+5546% |
| Price/Sales | 2.6x | 3.1x-15% | 2.4x | 0.0x+6208% |
| Dividend Yield | 2.66% | 1.91% | 1.11% | 15.07% |
WIT trades above S&P 500 benchmarks on 1 of 6 measured multiples — appears modestly priced relative to the S&P 500 on most measures.
Forward P/E and PEG reflect analyst consensus estimates. Historical averages use trailing ratios where forward data is unavailable.S&P 500 and sector benchmarks both use trailing median P/E — similar readings indicate the broader index and sector are priced alike.
Open valuation toolWIT Financial Health
Verdict
Strong
WIT generates $145.9B in free cash flow at a 16.2% margin — 13.4% ROIC signals a durable competitive advantage · returns 2.7% of market cap to shareholders annually.
Cash Engine
Revenue, margins, and cash generation
Revenue (TTM)
Trailing-twelve-month sales base
$900.0B
Revenue Growth
TTM vs prior year
+1.5%
Gross Margin
Gross profit as a share of revenue
30.1%
Operating Margin
Operating income divided by revenue
16.8%
Net Margin
Net income divided by revenue
15.1%
EPS (TTM)
Diluted earnings per share, trailing twelve months
$12.92
Free Cash Flow (TTM)
Cash generation after capex
$145.9B
FCF Margin
FCF as share of revenue — the primary cash quality signal
16.2%
Capital Quality
ROIC, leverage, and debt serviceability
ROIC
Return on invested capital — primary competitive quality signal
13.4%
ROA
Return on assets, trailing twelve months
10.3%
Cash & Equivalents
Liquid assets on the balance sheet
$122.0B
Net Debt
Total debt minus cash
$70.1B
Debt Serviceability
Net debt as a multiple of annual free cash flow
0.5× FCF
~0.5 years to full repayment at current FCF run-rate
ROE
Return on equity, trailing twelve months
15.7%
Shareholder Returns
How capital is returned to owners
Total shareholder yield
2.7%
Dividend
2.7%
Buyback
0.0%
Share Repurchases
Trailing buyback outflow — dollar magnitude of capital returned
$0
Dividend / Share
Annualized trailing dividend per share
$5.99
Payout Ratio
Share of earnings distributed as dividends
47.2%
Shares Outstanding
Current diluted share count
10.5B
All figures from the trailing twelve months. ROIC uses invested capital (equity + net debt).
Open full ratios pageWIT Stock Risk Factors
Key factors that could pressure the stock price, compress the multiple, or weigh on future results.
AI analysis · updated June 18, 2026
High Risk
Elevated short interest
Short interest is elevated with a 7.6-day cover ratio, indicating significant bearish bets against the stock.
Medium
Limited upside participation
Low beta of 0.37 suggests Wipro may underperform in bull markets due to limited upside participation.
Medium
Weak stock performance
1-year return of -18% and bear case price target of Rs 190 indicate recent underperformance and downside risk.
Lower
Low confidence EPS estimate
Projected EPS for next fiscal year carries a low confidence score of 35/100, reflecting uncertainty in earnings trajectory.
These are risk mechanisms, not predictions. The key question is which would force a cut to earnings estimates or a lower multiple than the market currently prices in.
Why WIT Stock Could Outperform
Structural drivers behind the upside case and why the stock could outperform over the next 12 months.
AI analysis · updated June 18, 2026
AI-powered technology leadership
Wipro is a leading AI-powered technology services and consulting company, building innovative solutions for complex client challenges.
Comprehensive IT and consulting services
As a global leader, Wipro offers a blend of IT, consulting, and business process services, positioning it as one of India's top tech firms.
Innovative and dynamic work culture
Wipro fosters a dynamic work environment that encourages continuous learning, innovation, and fairness, attracting top talent.
Long-term investment flexibility
Investors can adapt strategies with customizable dashboards and real-time data, enhancing decision-making for long-term growth.
Cross-market opportunity identification
Wipro's ability to recognize market linkages allows for proactive adjustments and the identification of cross-market opportunities.
Future-ready business transformation
Wipro accelerates business transformation by combining consulting and AI expertise across design, engineering, and operations.
A real bull case compounds — each driver matters most when it strengthens margins, supports capital returns, and keeps the company above the market's minimum growth bar simultaneously.
WIT Stock Price Performance
52-week range context and price returns across multiple time horizons. Dividend contribution is shown separately in the Capital Return section.
Current Price
$2.39
52W Range Position
44%
52-Week Range
Current price plotted between the 52-week low and high.
52-Week Low
$1.80
+32.8% from the low
52-Week High
$3.13
-23.6% from the high
1 Month
+23.20%
3 Month
+9.13%
YTD
-18.2%
1 Year
-19.8%
3Y CAGR
+1.0%
5Y CAGR
-9.4%
10Y CAGR
+0.4%
Range context matters because valuation compression and earnings misses rarely hit from the same starting point. A stock already far below its high can still fall, but it is no longer carrying the same embedded optimism as one pressing a fresh peak.
WIT vs Peers
Valuation, growth, and margin comparison against the closest publicly traded peers for this company.
Peer Set
Accurate peer set
Forward PE
0.2x
vs 9.4x median
-98% below peer median
Revenue Growth
+5.5%
vs +4.0% median
+35% above peer median
Net Margin
15.1%
vs 10.7% median
+41% above peer median
| Company | Mkt Cap | Fwd PE | Rev Grw | Margin | Rating | Upside |
|---|---|---|---|---|---|---|
WIT WIT Wipro Limited | $25.0B | 0.2x | +5.5% | 15.1% | Hold | +207.5% |
INF INFY Infosys Limited | $42.9B | 13.9x | +4.0% | 16.2% | Hold | +59.9% |
CTS CTSH Cognizant Technology Solutions Corporation | $20.7B | 7.6x | +6.4% | 10.4% | Hold | +78.3% |
ACN ACN Accenture plc | $80.3B | 9.4x | +4.6% | 10.7% | Buy | +81.0% |
IBM IBM International Business Machines Corporation | $233.7B | 20.0x | +3.7% | 15.6% | Hold | +25.0% |
DXC DXC DXC Technology Company | $1.4B | 2.7x | +0.1% | 0.1% | Hold | +59.0% |
This peer comparison reflects companies with similar business models, product lines, or market positioning, supplemented by industry grouping when direct matches are limited.
WIT Dividend and Capital Return
WIT returns 2.7% total yield, led by a 2.66% dividend.
Dividend SustainableFCF Well Covered
Total Shareholder Yield
2.7%
Dividend + buyback return per year
Buyback Yield
0.0%
Dividend Yield
2.66%
Payout Ratio
47.2%
How WIT Splits Its Return
Div 2.66%
Dividend 2.66%Buybacks 0.0%
Dividend Profile
Yield, cadence, and growth quality
Dividend / Share
Trailing annualized cash dividend
$5.99
Growth Streak
Consecutive years of dividend increases
1Y
3Y Div CAGR
47.4%
5Y Div CAGR
78.2%
Ex-Dividend Date
—
Payment Cadence
Semi-Annual
2 payments over the last 12 months
Buyback Engine
How much per-share support comes from repurchases
Repurchases (TTM)
Cash used for buybacks in the latest trailing period
$0
Estimated Shares Retired
0
Approx. Share Reduction
0.0%
Shares Outstanding
Current diluted share count from the screening snapshot
10.5B
| Year | Div / Share | YoY Grw | BB Yield | Total Yield |
|---|---|---|---|---|
| 2026 | $0.07 | — | — | — |
| 2025 | $0.13 | +1993.9% | 0.0% | 100.0% |
| 2024 | $0.01 | -0.4% | 100.0% | 100.0% |
| 2023 | $0.01 | -84.7% | 0.0% | 100.0% |
| 2022 | $0.04 | +475.3% | 0.0% | 12.9% |
FAQ
7 questionsWIT Investor Questions
Common questions answered from live analyst data and company financials.
01Is Wipro Limited (WIT) stock a buy or sell in 2026?
Wipro Limited (WIT) is rated Hold by Wall Street analysts as of 2026. Of 21 analysts covering the stock, 4 rate it Buy or Strong Buy, 10 rate it Hold, and 7 rate it Sell or Strong Sell. The consensus 12-month price target is $7, implying +207.5% from the current price of $2. The bear case scenario is $149 and the bull case is $312.
02What is the WIT stock price target for 2026?
The Wall Street consensus price target for WIT is $7 based on 21 analyst estimates. The high-end target is $8 (+222.2% from today), and the low-end target is $7 (+192.9%). The base case model target is $237.
03Is Wipro Limited (WIT) stock overvalued in 2026?
WIT trades at 0.2x times forward earnings. The stock currently trades at a discount to the broader market. Based on current multiples versus the peer group, the relative model signals cheap versus peers. Whether the stock is over or undervalued ultimately depends on whether consensus earnings estimates are achievable.
04What are the main risks for Wipro Limited (WIT) stock in 2026?
The primary risks for WIT in 2026 are: (1) Elevated short interest — Short interest is elevated with a 7. (2) Limited upside participation — Low beta of 0. (3) Weak stock performance — 1-year return of -18% and bear case price target of Rs 190 indicate recent underperformance and downside risk. Each factor has the potential to pressure earnings or compress the stock's valuation multiple.
05What is Wipro Limited's revenue and earnings forecast?
Analyst consensus estimates WIT will report consensus revenue of $949.3B (+5.5% year-over-year) and EPS of $13.55 (+4.8% year-over-year) for the upcoming fiscal year. The following year, analysts project $996.7B in revenue.
06When does Wipro Limited (WIT) report its next earnings?
Wipro Limited is expected to report its next earnings on approximately 2026-07-16. Consensus expects EPS of $0.03 and revenue of $2.6B. Over recent quarters, WIT has beaten EPS estimates 0% of the time.
07How much free cash flow does Wipro Limited generate?
Wipro Limited (WIT) generated $145.9B in free cash flow over the trailing twelve months — a free cash flow margin of 16.2%. WIT returns capital to shareholders through dividends (2.7% yield) and share repurchases ($0 TTM).