Wipro (WIT) Stock Price, News & Analysis

Company Overview

Wipro Limited (NYSE: WIT) is a global information technology, consulting, and business process services company headquartered in Bangalore, India. The company offers a comprehensive portfolio encompassing IT services, digital strategy, cloud computing, cybersecurity, data analytics, enterprise application services and engineering solutions. Wipro serves clients across a variety of industry verticals including banking and financial services, healthcare, consumer goods, energy, utilities and manufacturing, helping organizations accelerate digital transformation and optimize operations.

Founded in 1945 by Mohamed Premji as Western India Vegetable Products Limited, Wipro initially focused on manufacturing vegetable oil and related products. Under the leadership of Azim Premji, who took the helm in 1966, the company diversified into the technology sector in the early 1980s. Over the ensuing decades, Wipro expanded through strategic acquisitions and partnerships, establishing development centers and innovation labs across North America, Europe, Asia Pacific and the Middle East. Its growth trajectory reflects a commitment to next-generation technologies such as artificial intelligence, machine learning, Internet of Things (IoT) and blockchain.

Wipro’s global footprint includes delivery centers in key technology hubs and emerging markets, enabling the company to offer near-shore, onshore and offshore delivery models. This geographical reach allows Wipro to support multinational corporations as well as regional enterprises, tailoring solutions to meet local regulatory requirements and cultural nuances. The company places particular emphasis on sustainability, investing in green data centers, renewable energy initiatives and social responsibility programs targeting education, healthcare and community development.

Today, Wipro is led by Chief Executive Officer Thierry Delaporte, who brings extensive international management experience and a focus on customer-centricity and operational excellence. The Wipro Leadership Team, chaired by Rishad Premji, continues to drive innovation through research collaborations, industry alliances and a network of global innovation hubs. By combining deep domain expertise with a broad range of digital capabilities, Wipro aims to help clients navigate complex business challenges and achieve long-term growth.

Key Stats

• Today's Range: $3.05 to $3.09
• 50-Day Range: $2.80 to $3.09
• 52-Week Range: $2.63 to $3.79
• Volume: 5.57 million shs
• Average Volume: 4.94 million shs
• Market Capitalization: $32.32 billion
• P/E Ratio: 20.60
• Dividend Yield: 1.94%
• Price Target: N/A
• Consensus Rating: Reduce

Wipro Stock Analysis - MarketRank™

Wipro scored higher than 29% of companies evaluated by MarketBeat, and ranked 524th out of 668 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Wipro.

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 20.60, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 24.64.

Price to Earnings Ratio vs. Sector

The P/E ratio of Wipro is 20.60, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 45.50.

Price to Earnings Growth Ratio

Wipro has a PEG Ratio of 8.82. 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 3.32. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

0.71% 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 12.6, which indicates bearish sentiment.

Change versus previous month

Short interest in Wipro has recently increased by 3.14%, indicating that investor sentiment is decreasing.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

Wipro pays a meaningful dividend of 2.01%, 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 40.00%. 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 40.00% next year. This indicates that Wipro will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.71% 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 12.6, which indicates bearish sentiment.

Change versus previous month

Short interest in Wipro has recently increased by 3.14%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 1.5 / 5
• News Sentiment: 0.69

News Sentiment

Wipro has a news sentiment score of 0.69. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.82 average news sentiment score of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 4 news articles for Wipro this week, compared to 5 articles on an average week.

MarketBeat Follows

Only 3 people have added Wipro to their MarketBeat watchlist in the last 30 days. This is a decrease of -63% compared to the previous 30 days.

Company Ownership

• Score: 0.0 / 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

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

Percentage Held by Institutions

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

WIT Stock Analysis - Frequently Asked Questions

How have WIT shares performed this year?

Wipro's stock was trading at $3.54 at the beginning of the year. Since then, WIT shares have decreased by 12.7% and is now trading at $3.09.
View the best growth stocks for 2025 here.

How were Wipro's earnings last quarter?

Wipro Limited (NYSE:WIT) released its earnings results on Wednesday, April, 16th. The information technology services provider reported $0.04 earnings per share for the quarter, meeting analysts' consensus estimates of $0.04. The information technology services provider had revenue of $2.62 billion for the quarter, compared to the consensus estimate of $225.66 billion. Wipro had a net margin of 14.73% and a trailing twelve-month return on equity of 15.97%.
Read the conference call transcript.

When did Wipro's stock split?

Wipro's stock split on Friday, June 9th 2017.The 2-1 split was announced on Monday, June 12th 2017. The newly created shares were payable to shareholders after the market closes on Tuesday, April 25th 2017. An investor that had 100 shares of stock prior to the split would have 200 shares after the split.

Does Wipro have any subsidiaries?

Wipro subsidiaries include these companies: Rizing Intermediate Holdings Inc, Convergence Acceleration Solutions LLC, LeanSwift Solutions Inc., Edgile LLC, Ampion Holdings Pty Ltd, Capco, Metronom, and more.

How do I buy shares of Wipro?

Shares of WIT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Wipro own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Wipro investors own include NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), Broadcom (AVGO), Tesla (TSLA), Cisco Systems (CSCO) and American Noble Gas (INFY).

Company Calendar

• Last Earnings: 4/16/2025
• Today: 7/02/2025
• Next Earnings (Estimated): 7/18/2025
• Fiscal Year End: 3/31/2026

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Computer and Technology
• Industry: IT Services
• Sub-Industry: Computer Software
• Current Symbol: NYSE:WIT
• CIK: 1123799
• Web: www.wipro.com
• Phone: 918046827999
• Fax: 91-80-2844-0054
• Employees: 233,346
• Year Founded: 1945

Profitability

• EPS (Trailing Twelve Months): $0.15
• Trailing P/E Ratio: 20.50
• Forward P/E Ratio: 21.96
• P/E Growth: 8.71
• Net Income: $1.54 billion
• Net Margins: 14.73%
• Pretax Margin: 19.64%
• Return on Equity: 15.97%
• Return on Assets: 10.42%

Debt

• Debt-to-Equity Ratio: 0.08
• Current Ratio: 2.72
• Quick Ratio: 2.71

Sales & Book Value

• Annual Sales: $10.43 billion
• Price / Sales: 3.08
• Cash Flow: $0.18 per share
• Price / Cash Flow: 16.78
• Book Value: $0.93 per share
• Price / Book: 3.31

Miscellaneous

• Outstanding Shares: 10,460,230,000
• Free Float: 10,355,628,000
• Market Cap: $32.17 billion
• Optionable: Optionable
• Beta: 1.02