$5.44
-0.03[-0.55%]
At close: Apr 25
$5.44
0[0.00%]
After Hours: 4:00PM EDT
Wipro Stock (NYSE:WIT), Analyst Ratings, Price Targets, Predictions
Wipro Ltd has a consensus price target of $3.32, established from looking at the 10 latest analyst ratings. The last 3 analyst ratings were released from Wedbush, Goldman Sachs, and JP Morgan on January 16, 2024, August 22, 2023, and May 24, 2023. With an average price target of $5 between Wedbush, Goldman Sachs, and JP Morgan, there's an implied -8.09% downside for Wipro Ltd from these 3 analyst ratings.
Analyst Firms Making Recommendations1
Wedbush
Goldman Sachs
JP Morgan
Bernstein
Goldman Sachs
1calculated from analyst ratings published within the last 3 years
Analyst Ratings for Wipro
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 01/16/2024 | WIT | Buy Now | Wipro | $5.44 | 10.29% | Wedbush | Moshe Katri | $4 → $6 | Maintains | Underperform | Get Alert |
| 08/22/2023 | WIT | Buy Now | Wipro | $5.44 | -13.6% | Goldman Sachs | Manish Adukia | → $4.7 | Initiates | → Sell | Get Alert |
| 05/24/2023 | WIT | Buy Now | Wipro | $5.44 | -20.96% | JP Morgan | Ankur Rudra | → $4.3 | Initiates | → Underweight | Get Alert |
| 03/22/2023 | WIT | Buy Now | Wipro | $5.44 | -28.31% | Bernstein | Rahul Malhotra | $5.1 → $3.9 | Downgrade | Market Perform → Underperform | Get Alert |
| 09/13/2022 | WIT | Buy Now | Wipro | $5.44 | — | Goldman Sachs | Sumeet Jain | — | Upgrade | Sell → Buy | Get Alert |
| 07/14/2022 | WIT | Buy Now | Wipro | $5.44 | — | Morgan Stanley | Gaurav Rateria | — | Downgrade | Overweight → Underweight | Get Alert |
| 06/02/2022 | WIT | Buy Now | Wipro | $5.44 | — | Macquarie | Ravi Menon | — | Upgrade | Neutral → Outperform | Get Alert |
| 05/19/2022 | WIT | Buy Now | Wipro | $5.44 | — | JP Morgan | Ankur Rudra | — | Downgrade | Neutral → Underweight | Get Alert |
| 02/04/2022 | WIT | Buy Now | Wipro | $5.44 | 41.54% | Jefferies | Akshat Agarwal | $8.55 → $7.7 | Upgrade | Underperform → Hold | Get Alert |
| 05/26/2021 | WIT | Buy Now | Wipro | $5.44 | 14.52% | Bernstein | Rahul Malhotra | — | Upgrade | Underperform → Market Perform | Get Alert |
FAQ
What is the target price for Wipro (WIT)?
The latest price target for Wipro (NYSE: WIT) was reported by Wedbush on January 16, 2024. The analyst firm set a price target for $6.00 expecting WIT to rise to within 12 months (a possible 10.29% upside). 3 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Wipro (WIT)?
The latest analyst rating for Wipro (NYSE: WIT) was provided by Wedbush, and Wipro maintained their underperform rating.
When was the last upgrade for Wipro (WIT)?
The last upgrade for Wipro Ltd happened on September 13, 2022 when Goldman Sachs raised their price target to N/A. Goldman Sachs previously had a sell for Wipro Ltd.
When was the last downgrade for Wipro (WIT)?
The last downgrade for Wipro Ltd happened on March 22, 2023 when Bernstein changed their price target from $5.1 to $3.9 for Wipro Ltd.
When is the next analyst rating going to be posted or updated for Wipro (WIT)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Wipro, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Wipro was filed on January 16, 2024 so you should expect the next rating to be made available sometime around January 16, 2025.
Is the Analyst Rating Wipro (WIT) correct?
While ratings are subjective and will change, the latest Wipro (WIT) rating was a maintained with a price target of $4.00 to $6.00. The current price Wipro (WIT) is trading at is $5.44, which is within the analyst’s predicted range.
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