Wipro Share Price Target – Our prediction for Wipro Ltd.’s share price target from 2025 to 2050 are grounded in thorough research and analysis. Wipro, a renowned international IT service provider, was founded in India on December 29, 1945.
Ranked as the fourth-largest player in the Indian IT sector, following TCS, Infosys, and HCL Technologies, Wipro’s headquarters is situated in Bengaluru.
The company offers a diverse range of services including IT consulting, application development, infrastructure services, and business process outsourcing.
About Wipro Limited
Wipro Limited, a global corporation headquartered in India, specializes in consulting, business services, and information technology. Formerly known as Western India Palm Refined Oils Limited, Wipro has evolved into a multifaceted entity.
At the helm of Wipro Limited is Mr. Thierry Delporte, serving as the CEO. The company operates through three primary business divisions: IT Services, India State Run Enterprise (ISRE), and IT Products.
Wipro’s IT Services division delivers a wide array of IT and IT-enabled services to clients worldwide. Within the ISRE sector, Wipro extends its IT services to entities owned or governed by the Indian federal government or any state government of India.
Furthermore, Wipro’s IT Products division offers a diverse range of IT products sourced from various manufacturers, allowing the company to provide comprehensive IT systems integration services.
| Attribute | Details |
|---|---|
| Founded | 1945 by Mohamed Premji |
| Headquarters | Bengaluru, India |
| CEO | Thierry Delaporte (as of March 5, 2024) |
| Employees | Over 245,000 globally |
| Revenue | Over ₹20,000 crore (approximately $25 billion) annually |
| Stock exchange listing | National Stock Exchange of India (NSE) and Bombay Stock Exchange (BSE) (listed as WIPRO) |
Key Services:
| Service | Description |
|---|---|
| Cloud Computing | Facilitating businesses in transitioning to and managing cloud infrastructure and applications. |
| Cybersecurity | Delivering solutions to safeguard businesses against cyber threats. |
| Digital Transformation | Supporting companies in embracing new technologies and procedures to enhance their operations. |
| Artificial Intelligence (AI) | Developing and deploying AI solutions for diverse applications, such as automation and data analysis. |
| Robotics | Offering robotic process automation (RPA) solutions to automate repetitive tasks. |
| Data Analytics | Providing services to assist businesses in collecting, analyzing, and interpreting data to extract insights. |
| Additional Technology Consulting Services | Encompassing application development, infrastructure management, and business process outsourcing. |
Wipro Share Target Price Chart 2024-2050
| Year | Minimum | Maximum |
|---|---|---|
| 2024 | $ 600 | $ 700 |
| 2025 | $ 680 | $ 850 |
| 2026 | $ 800 | $1,100 |
| 2027 | $1,000 | $1,400 |
| 2028 | $1,300 | $ 1,900 |
| 2029 | $1,800 r | $ 2,500 |
| 2030 | $ 2,400 | $ 3,100 |
| 2035 | $6,000 | $ 7,000 |
| 2040 | $ 11,000 | $ 15,000 |
| 2050 | $46,000 | $59,000 |
Wipro Share Price Target for 2024
Over the past six months and the preceding year, Wipro has encountered negative returns of 6% and 46%, respectively. This downturn in Wipro shares can be attributed to the company’s performance falling short of expectations amid economic challenges.
For 2024, the Wipro stock price target is anticipated to range between $600 and $700. The second objective, contingent on the company’s performance in the upcoming quarter, may reach $700 if favorable results are achieved.
Although Wipro’s fundamentals remain robust, economic uncertainties have contributed to a decline in the company’s stock price.
Wipro Share Price Target for 2025
As the technology sector evolves, Wipro, a market leader in India, continues to progress with promising projects and a bright future. With commendable Return on Equity (ROE) at 15.77%, Earnings per Share (EPS) of 20.69, and a Price-to-Earnings (P/E) ratio of 19.12, investing in Wipro for long-term gains is promising.
In 2025, Wipro’s stock price target is projected to be between $680 and $850, with the potential to reach $850 upon achieving the initial target.
However, given the prevailing circumstances, investing in Wipro shares entails risks, and thorough research is advised before making any investment decisions.
Wipro Share Price Target for 2026
The primary concern revolves around whether Wipro’s stock will double by 2025, given the current landscape. Predicting such growth is challenging, considering various metrics influencing stock performance.
Wipro’s negative Price/Earnings-to-Growth (PEG) ratio of -2.57, unlike other established companies, poses challenges. Therefore, the projected stock price for Wipro in 2026 is $800, with a maximum potential price of 1,100 rupees, contingent upon the company reinforcing its fundamentals.
Wipro Share Price Target for 2027
With a favorable return of 73% over the past five years, Wipro’s stock is poised for robust growth until 2026, necessitating a focus on net profit to sustain this momentum. Bolstered by improving sales growth, Wipro presents an attractive long-term investment opportunity.
For 2027, Wipro’s share price target ranges between $1,000 and 1,400 rupees, reflecting the company’s solid fundamentals and successful performance in the preceding years.
Wipro Share Price Target for 2030
Despite setbacks, Wipro’s reputation for quality and strong customer relationships positions the company for recovery in the long term. With consistent promoter ownership and management optimism about growth, holding Wipro stock appears promising.
In 2030, Wipro’s share price target is projected to reach 2400 rupees, with the potential to achieve a secondary target of $3,100 if current trends persist.
Overall, Wipro remains a compelling investment option, supported by its resilient business model and optimistic growth prospects.
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Our objective is to offer timely updates on the stock market and financial products to aid in making informed investment decisions. It’s advisable to conduct your own research before making any investment decisions.
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Hello, my name is Ashish Deotale and I am the author of this blog. We share information about Stock Prediction Bitcoin Ethereum Crypto news, price analysis on this blog.