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WIT

Wipro Limited ADR

NYSE: WIT · TECHNOLOGY · INFORMATION TECHNOLOGY SERVICES

$2.02
-0.49% today

Updated 2026-04-29

Market cap
$21.88B
P/E ratio
15.54
P/S ratio
0.02x
EPS (TTM)
$0.13
Dividend yield
9.49%
52W range
$2 – $3
Volume
13.7M
OverviewPrice TargetsFinancialsValuationInsidersEarnings

Wipro Limited ADR (WIT) Financial Forecast & Price Target 2030

Research-backed projections from analyst consensus, management guidance, and sector analysis.

Price target summary

Current
$2.02
Consensus
$2.49
+23.27%
2030 Target
$1,410.26
+69714.85%
DCF
—
—
45 analysts:
1 Buy2 Hold6 Sell

Management guidance

CEO Srini Pallia has indicated growing demand for India's IT services from AI, positioning Wipro for AI-driven growth. The company launched an AI-native business unit (ai.go) in April 2026 and secured an $1B+ 8-year contract with Olam Group providing $100M+ annual revenue visibility. Specific long-term revenue targets beyond 2026 have not been publicly disclosed by management.

Sources: Management guidance, analyst consensus, sector analysishigh confidence

Revenue & price projection

Actual revenue Projected revenue Base case Bull to bear range
Bull case (2030)
$2,350.51
$1231.3B Rev × 20x P/S
Base case (2030)
$1,410.26
$1231.3B Rev × 12x P/S
Bear case (2030)
$940.25
$1231.3B Rev × 8x P/S

Financial forecast — research-backed

Metric2024202520262027 (E)2028 (E)2029 (E)2030 (E)
Revenue$897.6B$890.9B$926.2B$1013.7B$1081.6B$1154.7B$1231.3B
Revenue growth—-0.7%4.0%6.6%6.7%6.7%6.6%
EPS$0.25$0.11$0.15$13.86$14.72$15.65$16.64
P/S ratio———12.0x12.0x12.0x12.0x
Implied price———$1,161.00$1,238.98$1,322.57$1,410.26

Catalysts & risks

Growth catalysts
+ $1B+ 8-year Olam contract securing $100M+ annual visibility through 2034
+ $375M Mindsprint acquisition (Olam's IT arm) closing by June 2026, expanding AI and farm-to-fork capabilities
+ New AI-native business unit (ai.go) driving enterprise AI solutions and incubating AI-led business lines
+ Strategic partnerships (CrowdStrike, Harness, Factory.ai) positioning Wipro in AI-powered security and delivery
+ Growing enterprise AI demand cited by CEO; H-1B visa policy uncertainty in US market
Key risks
- Soft deal bookings and weak Q4 FY26 guidance despite margin improvements; organic revenue growth challenges
- AI disruption concerns impacting staffing-intensive IT services; 75,000-person bench reduction across Indian IT sector
- Persistent analyst downgrades (UBS, CLSA, Morgan Stanley downgrades in Jan-Oct 2025); only 1 Buy vs 4 Sell ratings
- Negative long-term stock performance: -32.92% over 5 years, -21.51% YTD 2026, trading 28.7% below 52-week high
- H-1B visa fee increases and protectionist policies under Trump administration; geopolitical headwinds (Russian oil sanctions)

Methodology

Wipro Limited ADR's forward estimates are derived from AI-powered research synthesis combining analyst consensus from 45 Wall Street analysts, management guidance from the latest earnings call, and sector growth forecasts from industry research. Revenue and EPS projections use analyst consensus where available and conservative extrapolation with growth deceleration for outer years. Price targets are calculated using a tiered Price-to-Sales (P/S) methodology, where the P/S multiple is determined by the projected revenue growth rate.

WallStSmart proprietary research model · Not financial advice · Past performance is not indicative of future results · Last researched: April 7, 2026.