Wipro (WIT) Stock: Buy, Sell, or Hold?
WIT - Wipro Limited
$2.11
-0.08 (-3.65%)
▼
5d:
+8.21%
30d:
+28.66%
90d:
+10.47%
WAIT
LOW Confidence
Analysis Updated: Oct 23, 2026 12:00 AM ET
Earnings: Oct 15, 2026
0d
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Interactive Price Chart (1 Month)
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Bottom Line:
📊 MIXED SIGNALS: WIT shows conflicting indicators. Wait for confirmation before entering.
📊 MIXED SIGNALS: WIT shows conflicting indicators. Wait for confirmation before entering.
In-depth Analysis How we analyze
Valuation Analysis: WIT is currently trading at $2.11, which is considered extended relative to its 30-day fair value range of $1.61 to $1.93. The stock's valuation (Forward PE: 14.6) is in line with its historical norms (14.5). At these levels, the market is pricing in 0.4% annual earnings growth. This growth rate appears achievable given the company's track record, suggesting the valuation is rational.
Technical Outlook: Technically, WIT is in a downtrend. Immediate support is located at $1.69, while resistance sits at $2.21. Short-term momentum is weak, with the stock down 3.7% recently.
Market Sentiment: WIT scores 0/100 on our bottoming-setup gauge. Note this measures entry quality, not trend direction — a low score can mean the chart is extended after a strong run (don't chase) or still falling without stabilization; better entries typically come after a pullback toward the 20-day average. However, the stock is trading significantly above the average Wall Street target of $1.68. Current signals suggest waiting for a better entry point before initiating new positions.
Technical Outlook: Technically, WIT is in a downtrend. Immediate support is located at $1.69, while resistance sits at $2.21. Short-term momentum is weak, with the stock down 3.7% recently.
Market Sentiment: WIT scores 0/100 on our bottoming-setup gauge. Note this measures entry quality, not trend direction — a low score can mean the chart is extended after a strong run (don't chase) or still falling without stabilization; better entries typically come after a pullback toward the 20-day average. However, the stock is trading significantly above the average Wall Street target of $1.68. Current signals suggest waiting for a better entry point before initiating new positions.
Quick Decision Summary
Current Position
EXTENDED
Historical Trading Range
$1.61 -
$1.93
Company Quality Score
29/100
(SELL)
Volume Confirmation
HIGH
Confidence Score
10.5%
All Signals
- BEARISH: Price extended above range (+9.3% above its trading range)
- BEARISH: Weak technical setup (0/100)
- BULLISH: High volume confirmation
- BEARISH: Downward momentum (-3.7%)
- BEARISH: Trading 20.4% above Wall St target ($1.68)
- NEUTRAL: Market pricing in 0.4% annual earnings growth - fairly valued
- WARNING: Composite score 29/100 in the bottom quintile — this cohort historically lags the market
Trading Range Analysis
30-Day Trading Range
$1.61 -
$1.93
Current vs Trading Range
EXTENDED
Support & Resistance Levels
Support Level
$1.69
Resistance Level
$2.22
Current Trend
Downtrend
Technical data as of
Oct 23, 2026
Fundamental Context
Forward P/E (Next Year Est.)
14.64
Wall Street Target
$1.68
(-20.4%)
Revenue Growth (YoY)
9.1%
Earnings Growth (YoY)
4.5%
Profit Margin
13.6%
Valuation Premium vs History
+0.4% premium
PE vs Historical
14.6 vs 14.5
FAIR
Market-Implied Price Targets
If current PE multiple persists
Implied Growth (YoY):
+0.4%
(market-implied from PE analysis)
1-Year Target
$2.12
(+0%)
2-Year Target
$2.13
(+1%)
3-Year Target
$2.14
(+1%)
3-Yr Target (if PE normalizes)
(PE: 15→15)
PE COMPRESSION
$2.11
(+0%)
Earnings growth offset by PE compression
3-Year Scenarios
Using analyst projected EPS growth
Bull:
(PE: 19.9, Growth: 6.0%)
$3.41
(+62%)
Base:
(SPY PE: 14.6, Growth: 6.0%)
$2.52
(+19%)
Bear:
(PE: 12.4, Growth: 6.0%)
$2.14
(+1%)
📈
Valuation based on Current Earnings
RECOVERY PLAY: Stock looks expensive now (16x PE), but valuation improves significantly next year (15x PE) as earnings recover.
Trailing PE: 15.64 | Current EPS (TTM): $0.14
Bull Case
$2.48
(+18%)
Analyst growth 2.9%, PE expands to 17.2
Base Case
$2.25
(+7%)
Market implied 2.9%, PE stable at 15.6
Bear Case
$1.49
(-29%)
Severe decline -20.0%, PE contracts to 13.3
These are projections based on PE multiples and EPS growth scenarios, not predictions. Actual results may vary significantly.
Share & Embed Analysis
Last updated: October 24, 2026 9:04 PM ET
Data refreshes hourly during market hours. Next update: 10:04 PM
Data refreshes hourly during market hours. Next update: 10:04 PM
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Technical Signals Check
Is WIT showing a specific setup today?
Insider Activity (6 Months)
0
Buys
0
Sells
0
Net
NEUTRAL
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