Wipro Share Price Target 2026: Analyst Forecast, Bull & Bear Case

Thu Apr 09 2026

Wipro (NSE: WIPRO) is trading at Rs 247 as of April 2026, against a 52-week high of Rs 311 and a 52-week low of Rs 188. The analyst consensus 12-month Wipro share price target stands at Rs 265-290 — implying meaningful upside from current levels. This article covers the current share price, key catalysts, risks, technical support levels, institutional positioning, and a structured breakdown of the short-term, 12-month, and long-term share price targets.

Table of Contents

Current Price Overview

Metric	Value
Current Market Price (CMP)	Rs 247
52-Week High	Rs 311
52-Week Low	Rs 188
Market Cap	Rs 2,57,000 Cr
P/E Ratio	20x
12M Analyst Target	Rs 265-290
Bull Case	Rs 350
Bear Case	Rs 165

About Wipro

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Wipro (NSE: WIPRO) is a leading listed company in the IT Services sector with a market capitalisation of Rs 2,57,000 Cr. The company operates across its core business segments and is well-positioned for the Indian economic growth cycle.

Key Catalysts Driving Wipro Share Price

Key Risks to Wipro Share Price

The 26% US reciprocal tariff on Indian goods — announced April 2, 2026 — has created a macro overhang affecting all Indian equities through FII outflows and earnings estimate revisions. Resolution of tariff uncertainty would be a meaningful positive catalyst for re-rating.

Technical Analysis and Support Levels

Wipro is trading at Rs 247 vs. a 52-week range of Rs 188 to Rs 311. Key technical support is at Rs 188-260. The 200-day moving average provides medium-term guidance for trend direction.

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Latest Quarterly Financial Performance

Key Metric	Latest Quarter	Year-Ago Quarter	YoY Change
Revenue	Rs 22,319 Cr	Rs 22,205 Cr	+0.5%
Net Profit	Rs 3,353 Cr	Rs 3,587 Cr	-6.5%
EBIT Margin	17.5%	16.0%	+150 bps
LTM TCV	Rs 1,528 Cr	Rs 1,178 Cr	+29.7%

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Institutional Positioning — FII, DII, Promoter

Promoter holds 72.9%. FII holding is 7.8% and DII holds 10.6%. Institutional holding trends are a critical leading indicator for price direction. Rising FII holding typically precedes price recovery; declining FII signals ongoing caution. Track institutional flow changes on Univest Screener.

Wipro Share Price Target 2026

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Short-Term Target (3–6 Months)

Short-term support and trading range: Rs 188-260. In the near term, the stock is likely to remain in this band pending clarity on Q4 FY26 results and FY27 guidance. Any macro positive from India-US tariff negotiations would accelerate a move toward the upper end of this range.

12-Month Analyst Target

The 12-month analyst consensus for Wipro is Rs 265-290. The bear case — if FY27 guidance disappoints or macro headwinds intensify — is Rs 165. The bull case — on full earnings delivery and macro recovery — is Rs 350. These are analyst estimates based on publicly available data and may differ materially from actual price performance.

Long-Term Target (2027–2028)

For 2027-2028, analysts project Wipro toward the Rs 380-450 range — assuming FY27 guidance delivery and normalisation of macro headwinds. Track live targets on Univest Screener.

Conclusion

The Wipro share price target for 2026 is Rs 265-290 based on analyst consensus. The bear case is Rs 165 and the bull case is Rs 350. At Rs 247, Wipro is trading at 20x P/E with market cap of Rs 2,57,000 Cr. Whether this is a buy depends on your risk tolerance, investment horizon, and portfolio context. For more share price target analysis, visit

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Disclaimer: This article is for informational purposes only. Please conduct your own research and consult a SEBI-registered financial advisor before making any investment decisions.

FAQs

Q1. What is Wipro share price target for 2026?

Consensus Rs 265-290. YES Securities targets Rs 280, CLSA maintains Rs 260. Bull case Rs 350 on strong FY27 deal wins.

Q2. What is Wipro’s dividend yield?

Wipro paid Rs 5 per share interim + Rs 1 special dividend for FY25. At Rs 247, this implies approximately 5.6% dividend yield.

Q3. Is Wipro in a turnaround?

Wipro is in a business model transformation under CEO Srini Pallia. Revenue growth has been near-zero but deal wins are improving. Q4 FY26 results on April 24, 2026 will be the next major catalyst.

Q4. What is Wipro’s promoter holding?

Azim Premji and family (through Premji Invest) hold 72.9% of Wipro — one of the highest promoter holdings among large-cap IT companies.

Q5. What is Wipro’s EBIT margin?

EBIT margin of 17.5% in Q3 FY26 — improving from 16.0% a year ago. The margin expansion is from operational efficiency, though topline growth remains elusive.

Q6. What are the main risks for Wipro?

US enterprise spending caution delaying large deals, AI-driven displacement of traditional IT services revenue, competition from Infosys and TCS in key verticals, and near-zero organic revenue growth continuing into FY27.

Q7. When does Wipro report Q4 FY26 results?

Wipro Q4 FY26 results are scheduled for April 24, 2026.

Q8. Is Wipro a good value investment?

At 20x P/E and 5.6% dividend yield near its 52-week low, Wipro has a better risk-reward than at Rs 311 high. The turnaround story requires execution proof in Q4 FY26.