Jefferies Maintains Underperform Rating on Wipro with ₹180 Target Price 5 days ago
HSBC Maintains Hold Rating on Wipro with ₹210 Target Price Amid Weak Quarter and Recovery Concerns 5 days ago
CLSA Maintains Hold Rating on Wipro with ₹194 Target Price Amid Mixed Q4 Performance 5 days ago
More news about Wipro
17Apr 26
Kotak Maintains Sell Rating on Wipro with ₹190 Target Price Amid Performance Concerns
Kotak Institutional Equities maintains Sell rating on Wipro Limited with ₹190 target price, citing weak quarterly performance and muted 1QFY27 guidance. The brokerage highlighted continued segment-wise underperformance, client churn issues, and market share loss to competitors despite limited deal win improvements. Kotak noted stretched margin levers and implemented ~2% EPS cuts for FY27-28, expressing concerns over the company's increasing reliance on M&A for growth amid elevated performance gap versus industry peers.
17Apr 26
JPMorgan Maintains Neutral Rating on Wipro with ₹200 Target Price After Mixed Q4 Results
JPMorgan maintained its Neutral rating on Wipro Limited with a ₹200 target price after mixed Q4 results showing revenue miss but margin beat supported by one-off provision writeback. The brokerage cited client-specific BFSI issues and delayed deal ramp-up as factors weighing on Q1 growth, while the company provided 17-17.5% margin guidance and announced a ₹150bn buyback at ₹250 per share to support shareholders amid structural growth concerns.
17Apr 26
Nomura Maintains Buy Rating on Wipro with ₹250 Target Price Despite Mixed Q4 Performance
Nomura maintains its Buy rating on Wipro Limited with a ₹250 target price, acknowledging mixed Q4FY26 performance and below-estimate Q1FY27 guidance. The brokerage emphasizes positive factors including steady deal wins, tight EBIT margin management, and strong capital allocation through large buybacks and high dividend yields. Despite near-term headwinds, Nomura upgraded FY27-28 EPS estimates by 1-2%, reflecting confidence in the company's medium-term prospects and fundamental business strengths.
17Apr 26
Morgan Stanley Cuts Wipro Target Price to ₹194, Maintains Underweight Rating
Morgan Stanley has revised its outlook on Wipro by reducing the target price to ₹194 from ₹242 while maintaining an Underweight rating. The downward revision is driven by below-expected Q4FY26 organic revenue growth and weaker Q1FY27 guidance, indicating that previously anticipated FY27 growth challenges are materializing earlier. Despite acknowledging margin resilience and strong capital allocation as positive factors, the brokerage expects valuation to remain at a relative discount due to weak growth outlook.
17Apr 26
Citi Maintains Sell Rating on Wipro with ₹175 Target Price Amid Growth Concerns
Citi maintains its Sell rating on Wipro Limited with a ₹175 target price following Q4 performance miss and disappointing Q1FY27 guidance. The brokerage has made slight EPS cuts for FY27-28 and cites continued challenges in organic growth outlook as key concerns for the IT services company's prospects.
17Apr 26
BofA Maintains Underperform Rating on Wipro with ₹210 Target Price Amid Revenue Concerns
Bank of America maintains Underperform rating on Wipro Limited with ₹210 target price following Q4 revenue miss due to customer-specific issues and weaker-than-expected Q1 organic guidance. The brokerage notes that while operational challenges persist, the company's recent buyback announcement may provide some near-term support to the stock price.
17Apr 26
Wipro Guides Q1 FY27 IT Services Revenue At $2.597B To $2.651B With Sequential Decline Expected
Wipro has provided Q1 FY27 IT services revenue guidance of $2.597 billion to $2.651 billion, indicating flat to slight sequential decline. The company expects -2% to 0% sequential growth in constant currency terms, reflecting cautious market outlook and challenging business conditions in the IT services sector.
16Apr 26
Wipro Executive Highlights Anthropic's Potential and Geopolitical Impact on Client Expectations
Wipro co-executive has identified Anthropic's "Mythos" as a potential future opportunity while observing that geopolitical considerations are increasingly influencing client expectations. These insights reflect the company's strategic awareness of AI developments and global political factors affecting the technology services sector.
16Apr 26
Wipro Executive Attributes Q1 Forecast Softness to Ongoing US Client Challenges
Wipro executive has stated that ongoing client challenges in America are likely causing softness in the company's Q1 forecast. This indicates potential revenue headwinds in a key market for the IT services provider, suggesting near-term performance pressures.
16Apr 26
Wipro Reports Middle East Client Project Slowdowns Amid AI Budget Predictions
Wipro faces mixed regional dynamics as some Middle East clients request project slowdowns, though executives report no major operational impact yet. Simultaneously, the company's CEO forecasts that next year's technology budgets will prioritize AI initiatives beyond traditional productivity improvements, reflecting broader industry trends toward artificial intelligence investments.
16Apr 26
Wipro Executive Highlights Strong UK Momentum in Banking and Financial Services
Wipro has announced strong momentum in the UK market through an executive statement, with particular strength in the banking, financial services, and insurance sector. This development reflects the company's successful positioning in the European market and indicates positive business growth in digital transformation services for the financial industry.
Wipro Executive Highlights Geopolitical and Policy Disruptions as New Normal
A Wipro executive has stated that geopolitical and policy disruptions have become the new normal in the current business environment. This observation highlights the challenging landscape companies are navigating due to ongoing global uncertainties. The statement reflects how businesses are adapting to an increasingly complex operating environment affected by various external factors.
16Apr 26
Wipro Board Approves Share Buyback at ₹250 Per Share Through Tender Offer
Wipro has received board approval for its share buyback program at ₹250 per share through tender offer mechanism. The pricing aligns with market expectations of ₹235-250 range and offers 16%-20% premium to shareholders, demonstrating management confidence in company's intrinsic value.