WIT Stock Analysis: Buy, Sell, or Hold?
WIT - Wipro Limited
$2.29
0.05 (2.23%)
▲
5d:
-0.43%
30d:
+15.66%
90d:
+6.02%
BUY
MODERATE Confidence
Analysis Updated: Jun 23, 2026 12:00 AM ET
Earnings: Jul 16, 2026
22d
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Interactive Price Chart (1 Month)
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Bottom Line:
💡 BUY OPPORTUNITY: WIT shows positive signals but monitor for confirmation. Market pricing in 0.1% decline. Moderate conviction.
💡 BUY OPPORTUNITY: WIT shows positive signals but monitor for confirmation. Market pricing in 0.1% decline. Moderate conviction.
In-depth Analysis How we analyze
Valuation Analysis: WIT is currently trading at $2.29, which is considered slightly high relative to its 30-day fair value range of $2.00 to $2.34. The stock's valuation (Forward PE: 15.5) is in line with its historical norms (15.6). Remarkably, the market is currently pricing in an annual earnings decline of 0.1% over the next few years. This aligns with recent fundamental challenges.
Technical Outlook: Technically, WIT is in a downtrend. Immediate support is located at $2.02, while resistance sits at $2.50.
Market Sentiment: WIT has a strong technical setup (75/100), with favorable trendlines, momentum, and price action for short-term traders. Combining these factors, the current setup offers a favorable risk/reward ratio for buyers.
Technical Outlook: Technically, WIT is in a downtrend. Immediate support is located at $2.02, while resistance sits at $2.50.
Market Sentiment: WIT has a strong technical setup (75/100), with favorable trendlines, momentum, and price action for short-term traders. Combining these factors, the current setup offers a favorable risk/reward ratio for buyers.
Quick Decision Summary
Current Position
SLIGHTLY HIGH
Historical Trading Range
$2.00 -
$2.34
Company Quality Score
60/100
(HOLD)
Volume Confirmation
HIGH
Confidence Score
69.0%
All Signals
- BULLISH: Strong technical setup (75/100)
- BULLISH: High volume confirmation
- BEARISH: Trading above Wall St target ($2.09)
Trading Range Analysis
30-Day Trading Range
$2.00 -
$2.34
Current vs Trading Range
SLIGHTLY HIGH
Support & Resistance Levels
Support Level
$2.02
Resistance Level
$2.50
Current Trend
Downtrend
Technical data as of
Jun 9, 2026
Fundamental Context
Forward P/E (Next Year Est.)
15.54
Wall Street Target
$2.09
(-6.7%)
Revenue Growth (YoY)
7.7%
Earnings Growth (YoY)
-1.6%
Profit Margin
14.2%
Valuation Discount vs History
-0.1% cheaper
PE vs Historical
15.5 vs 15.6
FAIR
Market-Implied Price Targets
If current PE multiple persists
Implied Growth (YoY):
-0.1%
(market-implied from PE analysis)
1-Year Target
$2.24
(0%)
2-Year Target
$2.24
(0%)
3-Year Target
$2.23
(0%)
3-Yr Target (if PE normalizes)
(PE: 16→16)
$2.24
(+0%)
3-Year Scenarios
Using analyst projected EPS growth
Bull:
(PE: 21.8, Growth: 6.0%)
$3.74
(+67%)
Base:
(SPY PE: 15.5, Growth: 6.0%)
$2.67
(+19%)
Bear:
(PE: 13.2, Growth: 6.0%)
$2.27
(+1%)
📈
Valuation based on Current Earnings
RECOVERY PLAY: Stock looks expensive now (18x PE), but valuation improves significantly next year (16x PE) as earnings recover.
Trailing PE: 18.38 | Current EPS (TTM): $0.13
Bull Case
$2.91
(+30%)
Analyst growth 10.8%, PE expands to 20.2
Base Case
$2.65
(+18%)
Market implied 10.8%, PE stable at 18.4
Bear Case
$1.63
(-27%)
Severe decline -20.0%, PE contracts to 15.6
These are projections based on PE multiples and EPS growth scenarios, not predictions. Actual results may vary significantly.
💡
Upside Surprise Potential
If earnings stabilize (0% growth), PE could expand from 15.5 to 15.6
Stabilization Target:
$2.25
(+0.4%)
PE Expansion Potential:
+0.4%
Share & Embed Analysis
Last updated: June 23, 2026 5:03 PM ET
Data refreshes hourly during market hours. Next update: 6:03 PM
Data refreshes hourly during market hours. Next update: 6:03 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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