Equites Radar

WIT · Wipro Limited

Information Technology ServicesIndiaAnalyst view: Underperform

$1.81

+5.06% last session

End-of-day data · updated 2026-07-24

Bearish1 bullish · 4 bearish technical signals
Consensus: Underperform (4.14 from 7 analysts)
To mean target: -3.3%

Market cap

$18B

Enterprise value

$-162B

Trailing P/E

13.7

Forward P/E

11.9

Dividend yield

5.0%

Beta

0.38

Avg volume

12M

Employees

240K

2D change

-1.66%

5D change

-4.30%

10D change

-3.26%

30D change

-18.72%

60D change

-11.44%

MTD change

-4.81%

YTD change

-37.32%

Analyst Outlook

Consensus ratingUnderperform
Recommendation mean (1–5)4.14
Covering analysts7
Mean price target$1.75
Low price target$1.56
Upside to mean target-3.3%

Analyst estimates change daily — follow the shifts on the Estimate Trends page.

Technical Analysis

RSI (14)44.0
50-day MA$2.05
200-day MA$2.38
Price vs 50-day MA-8.8%
Price vs 200-day MA-21.4%
MACD histogram0.00
Volume vs 3-month avg0.6×
52w low $1.7852w high $3.06

Analyst sentiment over time — WIT

Rec Mean (blue, left — higher = more bullish) vs. price targets (right).

Investment Bank Ratings as of 2026-06-24

Latest call per bank · past 12 months

JP Morgan

Underweight

$1.70

-6.1% vs price
▼ cut from $2.20Maintains · 2026-06-24

Recent rating actions

DateFirmActionRatingPrice target
2026-06-24JP MorganMaintainsUnderweight$2.20 $1.70

Ratings and price targets are the published opinions of the issuing banks, compiled from Yahoo Finance rating actions — not investment advice.

Signal Summary as of 2026-07-24

  • RSI (14): RSI is 44 — neutral momentum, neither overbought nor oversold.
  • Price vs 50-day MA: Trading 8.8% below the 50-day MA ($2.05).
  • Price vs 200-day MA: Trading 21.4% below the 200-day MA ($2.38).
  • MA cross: The 50-day MA sits below the 200-day MA (death-cross regime) — the longer-term trend points down.
  • MACD (12,26,9): MACD histogram is positive (+0.00) — short-term momentum is improving.
  • 52-week range: Price is within 10% of the 52-week low ($1.78).

WIT Price Chart

Loading chart for WIT

Fundamentals

Revenue (TTM)$950B
EBITDA$175B
Free cash flow$109B
Operating cash flow$141B
Book value / share$0.89
Net debt / EBITDA-1.0
WACC6.0%
Revenue growth11.00%
Earnings growth1.00%

About Wipro Limited

Wipro Limited operates as an information technology (IT), consulting, and business process services company worldwide. It operates through IT Services and IT Products segments. The IT Services segment offers AI-powered 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 communications, media and information services, software and gaming, new age technology, consumer goods, healthcare, medical devices and life sciences, and technology products and services, as well as banking and financial services, energy, manufacturing and resources, capital markets and insurance, and hi-tech. The IT Products segment provides a range of third-party IT products, including 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, such as government, defense, IT and IT-enabled services, telecommunications, manufacturing, utilities, education, and financial services sectors. The company has a strategic alliance with the Indian Institute of Science and the Foundation for Science Innovation and Development to collaborate on research and innovation across frontier technologies. The company was incorporated in 1945 and is based in Bengaluru, India.

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Data is sourced from end-of-day snapshots and refreshed daily before the US market open — nothing on this page is real-time. Figures can contain vendor errors. This page is for information only and is not investment advice.