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Wipro ( (WIT) ) has provided an announcement.
On July 17, 2025, Wipro Limited announced its financial results for the quarter ended June 30, 2025, reporting a significant increase in large deal bookings, which grew by 131% year-over-year to $2.7 billion. Despite a 2.3% year-over-year decrease in revenue in constant currency terms, the company achieved a 10.9% increase in net income. The operating margin expanded by 0.8% year-over-year to 17.3%, and earnings per share grew by 10.8%. Wipro’s strategic focus on AI and efficiency has resulted in major contract wins, including partnerships with global technology and retail companies, enhancing its industry positioning and client relationships.
The most recent analyst rating on (WIT) stock is a Hold with a $1.55 price target. To see the full list of analyst forecasts on Wipro stock, see the WIT Stock Forecast page.
Spark’s Take on WIT Stock
According to Spark, TipRanks’ AI Analyst, WIT is a Outperform.
Wipro’s strong financial performance and strategic initiatives in AI and modernization are positive, but concerns about revenue declines and macroeconomic uncertainties weigh on the overall score. The stock’s technicals and valuation suggest potential risks, with moderate upward momentum and a high P/E ratio.
To see Spark’s full report on WIT stock, click here.
More about Wipro
Wipro Limited is a leading technology services and consulting company based in Bangalore, India. It specializes in providing IT services, including engineering and application support, to global clients across various industries.
Average Trading Volume: 5,788,052
Technical Sentiment Signal: Hold
Current Market Cap: $32.46B
Find detailed analytics on WIT stock on TipRanks’ Stock Analysis page.