Wipro Share Price Target 2022, 2023, 2025, 2027, 2030 and 2040

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For any investor who has an eye on Wipro share price target for 2023, 2025, 2027, 2030 and 2040 is of utmost importance. As one of India’s top information technology (IT) corporations, Wipro has provided its shareholders with exceptional returns over the years.

Today let’s take a deep dive into the company’s business to analyze how it may perform in the future and what its share price target will be.

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Wipro Shares Analysis

Wipro’s share price trend is looking positive, as there have been higher highs and higher lows for most of 2022 compared to 2021 prices. The 14-day Relative Strength Index (RSI) also implies that there is still more room for growth in its shares: currently standing at 55, this means that it is not yet overbought despite its positive year-to-date performance so far this year.

Company NameWipro Limited
Share NameWipro
Founded in29 December 1945
HeadquartersBengaluru
FounderM.H. Hasham Premji
CEOThierry Delaporte
Revenue81,373 crores INR (US$10 billion, 2022)
Market Capitalization2.15 trillion INR
Primary ExchangeNSE, BSE
Official Websitehttps://wipro.com/

Wipro Share Price Today Live Chart

Wipro Share Price Target/Prediction/Forecast

Wipro Share Price Target
Wipro Share Price Target

Analysts have analyzed the steady performance of Wipro Ltd. over the last 10 years and their various sources of revenue to come up with an estimated share price target for the company. Various factors have been taken into account when making these projections, such as Wipro’s overall growth and profitability as a business. It is expected that this target could be reached in the coming years.

YEARMINIMUM PRICE
(IN RUPEES)
MAXIMUM PRICE
(IN RUPEES)
2023₹ 396.861₹ 474.341
2024₹ 481.423₹ 566.349
2025₹ 566.991₹ 650.498
2026₹ 650.710₹ 733.921
2027₹ 734.416₹ 815.865
2028₹ 818.135₹ 899.654
2029₹ 901.854₹ 985.308
2030₹ 985.573₹ 1070.68
2035₹ 1404.168₹ 1489.275
2040₹ 1822.763₹ 1901.740
2045₹ 2241.358₹ 2333.510
2050₹ 2659.953₹ 2762.775

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Wipro Share Price Target 2023

Wipro Limited is a prestigious IT services and BPS company based in India. Despite recent market woes due to the US inflation and recession, we believe that now is the perfect time to purchase such high-quality stocks. Our Wipro Share Price Target prediction for 2023 is as follows:

Wipro Share Price Target 2023
First Target ₹396.861
Second Target ₹474.341

Wipro Share Price Target 2024

Wipro Limited has an established position and strong track record in India’s IT industry, due to its diverse customer base and extensive portfolio of services. Analysts are projecting that the share price of Wipro Limited could reach a target in the near future because of the company’s success in capitalizing on available business opportunities.

Wipro Share Price Target 2024
First Target ₹481.423
Second Target ₹566.349

Wipro Share Price Target 2025

Wipro’s share price has been impacted in recent quarters due to concerns over profitability, as well as potential threats from the company’s centralized revenue source, with approximately 50-60% coming from the United States.

However, the efficient management of the company under Mr. Azim Premji and other factors could create the potential for long-term growth. Analysts are closely monitoring Wipro’s progress and setting price targets accordingly.

Wipro Share Price Target 2025
First Target ₹566.991
Second Target ₹650.498

Wipro Share Price Target 2026

Wipro’s Share Price Target is strong and shows potential for gains. While the company has risks due to currency fluctuations, the likelihood of significant losses has been mitigated by entering into derivative contracts. About 96% of the revenues come from foreign currency and that is something to watch out for investors.

Wipro Share Price Target 2026
First Target ₹650.710
Second Target ₹733.921

Wipro Share Price Target 2027

Analysts are predicting that Wipro’s share price will improve in the long term due to its cost optimization strategy and strong customer relationships. Although the current economic environment is unfavorable, there is hope that Wipro will be able to overcome these headwinds and reach its target share price.

Wipro Share Price Target 2027
First Target ₹734.416
Second Target ₹815.865

Wipro Share Price Target 2028

Analysts have set a high target price for Wipro shares due to the robust demand environment and extensive order book. Despite the current macroeconomic climate, Management expressed its confidence in sustained growth and are not expecting customers to reduce spending. These revelations make Wipro a great choice for long-term investments.

Wipro Share Price Target 2028
First Target ₹818.135
Second Target ₹899.654

Wipro Share Price Target 2029

We are confident about Wipro’s share price performance in the future given its strong organic growth, consistent financials, industry-leading margins, and healthy capital allocation policy. Furthermore, its debt-to-equity ratio of 0.14 indicates that Wipro is in a stable financial position with ₹5,815.20 crore of debt, which can be managed easily.

With the continuous increase in profits and sales figures in an ever-growing IT sector, this share price target looks promising!

Wipro Share Price Target 2029
First Target ₹901.854
Second Target ₹985.308

Wipro Share Price Target 2030

Investing in Wipro can be a good long-term investment plan, however, it is important to review your stocks regularly. If you are looking at the share price target for Wipro for the year 2030, it is likely to be relatively low compared to other companies.

Wipro Share Price Target 2030
First Target ₹985.573
Second Target ₹1070.68

Wipro Share Price Target 2035

The world is continuing to digitalize, with information technology becoming a vital part of everyday life. Wipro, as one of India’s leading IT companies, has been in high demand and boasts impressive fundamentals as well as an expansive product range. It is forecast that the Wipro Share Price will reach ₹1489.275 by the end of 2035.

Wipro Share Price Target 2035
First Target ₹1404.168
Second Target ₹1489.275
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Wipro Share Price Target 2040

Wipro’s financial performance over the last five years has been positive and stable, with year-on-year revenue increases. Given its future earning potential, financial analysts have forecast that Wipro’s share price should be between 1822.763 to 1901.740 Indian Rupees by the end of 2040.

Wipro Share Price Target 2040
First Target ₹1822.763
Second Target ₹1901.740

Wipro Share Price Target 2045

Wipro has demonstrated impressive growth in terms of revenue and profit, resulting in an upsurge of its stock value. Investors who are looking to hold Wipro stock for the short term may anticipate a share price target of around ₹2241.358-2333.510 by 2045.

Wipro Share Price Target 2045
First Target ₹2241.358
Second Target ₹2333.510

Wipro Share Price Target 2050

Wipro is currently India’s largest IT company. In order to remain globally competitive, Wipro must continue to update its products and services as per escalating customer demands. To do this, the company must consider more Foreign Direct Investment (FDI), as this will help them in manufacturing new types of products.

According to analysts, the Wipro share price target by 2050 will be ₹2659.953 and ₹2762.775 respectively.

Wipro Share Price Target 2050
First Target ₹2659.953
Second Target ₹2762.775

Wipro Share Price History

YearWipro Share Price HighWipro Share Price Low
2022726.70 INR375.90 INR
2021739.80 INR384.85 INR
2020390.40 INR159.60 INR
2019301.55 INR232.35 INR
2018258 INR190.13 INR
2017386.25 INR167.09 INR
2016343.46 INR153.75 INR

Wipro Limited Overview

Wipro Limited is an Indian multinational corporation that was first founded by Mohammad Hashem Premji on 29 December 1945 under the name Western India Vegetable Products Limited. This was later shortened to Wipro to reflect its core business of vegetable products.

During the 1960s and 1970s, Wipro Limited recognized the potential of the Information Technologies sector and decided to shift its business focus in that direction.

Wipro Limited, a leading Indian global multinational corporation, has its headquarters in Bangalore, Karnataka. Founded in 1945 by Mohammad Premji, Wipro was taken over by his son, Azim Premji, in 1966 at the age of 21 upon his father’s death.

Mr. Azim Premji is the founder and chairman of the company, Mr. Rishad Premji is the Executive Chairman and Mr. Thierry Delaporte is the CEO and MD of the company.

Wipro Share Price Target FAQ

What is the target price of Wipro in 2023?

The target price of Wipro in 2023 is ₹474.341

What is the target price of Wipro in 2024?

The target price of Wipro in 2024 is ₹566.349

What is the target price of Wipro in 2025?

The target price of Wipro in 2025 is 650.498

What is the target price of Wipro in 2030?

The target price of Wipro in 2030 is 1070.68

Conclusion

What is Wipro’s share price target for 2023, 2024, 2025, 2026 and 2030? This article aims to provide insight into the potential price targets of Wipro shares over the coming years. We highly recommend that you familiarise yourself with Wipro’s sector performance and expected financial results before making any decisions relating to their share price. Please leave your valuable suggestions in the comment section below.

Disclaimer: These price targets of “Wipro Limited” are for reference purpose only, this prediction is only if there are positive market sentiments, and any uncertainties in the company or global market condition is not covered in this analysis.

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