
Wipro Share Price Target 2027: What Earnings Say About Rs 218 and Rs 265
Wipro share price Rs 200.36 (6 November 2026). Base target Rs 218, bull Rs 265, downside risk Rs 159. PE 14.85. 52W range Rs 156.79 to Rs 273.10.
Updated: 6 Nov 2026 • 1:12 pm
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Quick Answer
The Wipro share price target for 2027 is Rs 218, about 8.8% above the current price of Rs 200.36. The bull case is Rs 265, and the downside risk level, which is not a target, is Rs 159. The base case assumes earnings per share grow 10.0% a year, the pace seen from FY24 to FY26, with the stock holding its PE of 14.85. These are model-based estimates built from reported financials, not guaranteed outcomes.
Investors weighing a Wipro target price for 2027 should start with where the stock sits today. At Rs 200.36 on 6 November 2026, it is 26.6% below its 52-week high of Rs 273.10 and 27.8% above its 52-week low of Rs 156.79. That range spans 74% from low to high, so the entry point matters as much as the Wipro price forecast itself.
This article builds the Wipro share price target from reported numbers only: five years of annual results, the last five quarters, the latest shareholding pattern and current valuation ratios from company filings and exchange data. Each scenario states its assumptions, so you can trace how the base case, the bull case and the downside risk level were reached and test them against your own view.
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Wipro Stock Analysis: Company Overview and Key Stats
Wipro (NSE: WIPRO) has a market capitalisation of Rs 1,96,380 crore. In FY26 it reported revenue of Rs 96,498 crore and net profit of Rs 13,266 crore. The table collects the figures the Wipro share price target is built on.
| Metric | Value |
|---|---|
| Company | Wipro |
| NSE Ticker | WIPRO |
| CMP (6 November 2026) | Rs 200.36 |
| 52-Week High | Rs 273.10 |
| 52-Week Low | Rs 156.79 |
| Market Cap | Rs 1,96,380 crore |
| PE Ratio (TTM) | 14.85 |
| Industry PE | 18.98 |
| Price to Book | 2.49 |
| Return on Equity | 16.68% |
| Debt to Equity | 0.28 |
| EPS (TTM) | Rs 13.35 |
| Dividend Yield | 5.88% |
| 12-Month Base Target | Rs 218 |
| Bull Case | Rs 265 |
| Downside Risk Level (not a target) | Rs 159 |
Why Is Wipro Share Price Target Set at Rs 218 for 2027?
The arithmetic is short. Trailing EPS of Rs 13.35 grown for one year gives a forward EPS estimate of Rs 14.69, and multiplying it by the unchanged PE of 14.85 gives the Rs 218 base-case Wipro stock target. The bull case adds faster earnings growth and a higher multiple, while the downside risk level assumes flat earnings and a lower multiple.
Earnings Growth Behind the Wipro Target Price: Five Years of Results
Wipro grew revenue from Rs 81,373 crore in FY22 to Rs 96,498 crore in FY26, a compound annual growth rate of 4.4%. Net profit grew more slowly, from Rs 12,243 crore to Rs 13,266 crore (2.0% a year), which points to margin pressure alongside the sales growth.
| Financial Year | Revenue (Rs Cr) | Net Profit (Rs Cr) | EPS (Rs) | Dividend per Share (Rs) |
|---|---|---|---|---|
| FY22 | 81,373.20 | 12,243.40 | 22.31 | 6.00 |
| FY23 | 92,762.20 | 11,366.50 | 20.68 | 1.00 |
| FY24 | 92,391.10 | 11,112.10 | 10.41 | 1.00 |
| FY25 | 92,972.40 | 13,218.00 | 12.56 | 6.00 |
| FY26 | 96,497.70 | 13,265.50 | 12.60 | 11.00 |
FY26 revenue growth was 3.8%, close to the four-year average of 4.4%, and net profit moved up 0.4%. EPS rose from Rs 10.41 in FY24 to Rs 12.60 in FY26. The FY27 outlook depends on whether that EPS estimate keeps compounding.
Margins and the Latest Quarter
Wipro converted 13.7% of FY26 revenue into net profit, against 14.2% in FY25, within a five-year range of 12.0% to 15.0%. EBITDA margin was 22.5% in FY26 versus 23.6% in FY25.
In the September 2026 quarter, revenue was Rs 25,508 crore, up 7.9% from the same quarter a year earlier, while net profit of Rs 3,200 crore was down 1.9%. EBITDA came in at Rs 5,618 crore, up 5.6% year on year. The next quarterly result is the first test of whether the earnings assumption holds.
Balance Sheet and Cash Flow
Debt to equity stands at 0.28, and shareholders' equity grew from Rs 65,454 crore in FY22 to Rs 88,269 crore in FY26. Operating cash flow in FY26 was Rs 14,932 crore against capital expenditure of Rs 1,560 crore, leaving free cash flow of Rs 13,371 crore, or 6.8% of the current market capitalisation. In FY25 free cash flow was Rs 15,439 crore.
Valuation Check for the Wipro Stock Target: PE, Price to Book and ROE
At a PE of 14.85 against an industry PE of 18.98, Wipro trades at a discount to its industry. Price to book is 2.49 on a book value of Rs 79.71 per share, and return on equity is 16.68%. A PE of 14.85 equals an earnings yield of 6.7%, and the FY26 dividend of Rs 11.00 per share gives a yield of 5.88%.
Shareholding Pattern and Institutional Holding
Promoters held 72.58% of Wipro in September 2026, and promoter holding has stayed near 72.58% since September 2025. Foreign institutional investors (FII) held 12.09% and domestic institutions (DII) held 5.13%, which puts total institutional holding at 17.22%. FII holding rose from 10.81% in September 2025 to 12.09% in September 2026. Public shareholders own the remaining 10.20%. A meaningful institutional holding adds a layer of research coverage and trading depth.
Wipro Share Price Targets for the Short Term and 12 Months
Short Term Wipro Stock Target Levels: Technical Setup
At Rs 200.36 on 6 November 2026, Wipro trades above its 50-day simple moving average of Rs 175.15 and above its 200-day exponential moving average of Rs 194.29. The 14-day RSI reads 68.6, which is neutral territory, and the MACD line sits above its signal line. The nearest resistance level is Rs 273.10 (52-week high) and the nearest support is Rs 194.29 (200-day exponential moving average). A sustained move above Rs 273.10 would improve the short-term setup, while a close below Rs 194.29 would shift attention to the next support.
12 Month Wipro Target Price for 2027
The 12-month target of Rs 218 means a move of 8.8% up from Rs 200.36 over the next 12 months. It would still leave the stock 20.2% below its 52-week high of Rs 273.10.
How EPS Growth and PE Multiple Change the Wipro Target Price
| EPS Growth | PE 11.88 | PE 14.85 | PE 17.08 |
|---|---|---|---|
| 0.0% (EPS Rs 13.35) | Rs 159 | Rs 198 | Rs 228 |
| 10.0% (EPS Rs 14.69) | Rs 175 | Rs 218 | Rs 251 |
| 16.0% (EPS Rs 15.49) | Rs 184 | Rs 230 | Rs 265 |
Each cell multiplies the forward EPS estimate by the PE shown. Reading across a row shows what a de-rating or re-rating does to the Wipro price forecast, and reading down a column shows what earnings growth is worth at a fixed multiple.
Bull Case and Downside Risk for Wipro Stock Target in 2027
Bull Case Rs 265
The bull case Wipro price target needs EPS growth of 16.0%, which lifts forward EPS to Rs 15.49, and a PE multiple that rises 15% to 17.08. That gives Rs 265, 32.3% above the current price and below the 52-week high of Rs 273.10.
Downside Risk Level Rs 159
The downside risk level is not a target. It assumes EPS stays flat at Rs 13.35 and the PE falls 20% to 11.88. That gives Rs 159, 20.6% below the current price and above the 52-week low of Rs 156.79.
| Scenario | EPS Growth | PE Multiple | Price (Rs) | Change vs CMP |
|---|---|---|---|---|
| Bull Case | 16.0% | 17.08 | Rs 265 | +32.3% |
| Base Case | 10.0% | 14.85 | Rs 218 | +8.8% |
| Downside Risk | 0.0% | 11.88 | Rs 159 | -20.6% |
Key Risks to the Wipro Target Price for 2027
Growth Slowdown Risk for the Wipro Price Target
Revenue in the September 2026 quarter was up 7.9% year on year, and FY26 revenue growth was 3.8%. If growth slows from here, the EPS estimate behind the Wipro stock target will need revising.
Liquidity and Size Risk
Wipro has a market capitalisation of Rs 1,96,380 crore. Institutional holding is 17.22%, and promoters hold 72.58%. A company of this size trades with deep liquidity, so entry and exit are rarely a problem, and the larger risk is paying too much for slow earnings growth.
Valuation and Margin Risk
Net margin was 13.7% in FY26, and a squeeze from higher costs or weaker pricing would hit earnings first. At a PE of 14.85 versus an industry PE of 18.98, a de-rating toward the downside-risk PE of 11.88 would cut the price even if earnings hold.
Market and Technical Risk
Technical indicators add short-term risk: the 14-day RSI is 68.6 and the MACD sits above its signal line. A broad fall in the Nifty 50 or the Sensex can override company fundamentals for weeks at a time.
How to Invest in Wipro
Start with the live price and volume. Any Wipro share price target is only as current as the data behind it, and the data here is as of 6 November 2026, so refresh the Rs 200.36 price before acting on any level.
Next, review the fundamentals yourself. The Univest Screener lets you check Wipro's PE, ROE, debt and shareholding in one place.
Check Wipro fundamentals on the Univest Screener
Then compare the three Wipro target price scenarios with your own view. If you expect EPS growth below 10.0%, the base case is too optimistic for you; if you expect more, the bull case deserves weight.
Decide your position size and exit levels before you buy. The support and resistance levels above can serve as reference points, but they are not recommendations.
Finally, place the order through a SEBI-registered broker or the Univest app, and review the position after each quarterly result. Consult a SEBI-registered advisor if you are unsure.
Download the Univest iOS App or Univest Android App to track Wipro live price and get daily stock recommendations.
Conclusion
The Wipro share price target for 2027 is Rs 218 in the base case, with Rs 265 as the bull case. The support for that view is arithmetic you can check: EPS grew 10.0% a year over FY24 to FY26, and the stock trades at a PE of 14.85. The risks are equally concrete, including a valuation that can de-rate even when earnings hold and a downside scenario that cuts the price 21% if earnings stall. Use these numbers as a framework, check them against the latest filings, and size any position to your own risk appetite.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
FAQs on Wipro Share Price Target 2027
What is the Wipro share price target for 2027?
Ans. The base-case Wipro share price target for 2027 is Rs 218, which is 8.8% above the price of Rs 200.36 on 6 November 2026. The bull case is Rs 265 and the downside risk level, which is not a target, is Rs 159. All three come from one method: forward EPS multiplied by a PE multiple, using only reported results. They are model estimates and not guaranteed outcomes, and the next quarterly result is the first check on the EPS assumption.
What is the Wipro share price today?
Ans. As of 6 November 2026, 10:05 AM IST, Wipro (NSE: WIPRO) trades at Rs 200.36, up 0.99% on the day. That is 26.6% below the 52-week high of Rs 273.10 and 27.8% above the 52-week low of Rs 156.79. The market capitalisation of Rs 1,96,380 crore places it among large-cap stocks. Prices change through the trading session, so check the live quote before acting on any level in this article.
Is Wipro a buy or sell at the current price?
Ans. The data points both ways. On the positive side, EPS has grown 10.0% a year over FY24 to FY26 and the base case implies 8.8% upside; on the cautious side, the valuation can de-rate even when earnings hold, and the downside risk level of Rs 159 is 21% below the current price. Whether Wipro fits your portfolio depends on your time horizon, position size and risk appetite. Consult a SEBI-registered advisor before investing, as this article is not investment advice.
What are the bull case target and downside risk level for Wipro shares?
Ans. The bull case in the Wipro share price target for 2027 is Rs 265, which assumes 16.0% EPS growth and a PE of 17.08, a 15% re-rating from today's multiple. That is 32.3% above the current price and below the 52-week high of Rs 273.10. The downside risk level is Rs 159, which assumes flat EPS and a PE of 11.88, 20% lower than today. It sits 20.6% below the current price and above the 52-week low of Rs 156.79, and it marks a risk to watch, not a target.
What are the main risks to the Wipro price target?
Ans. Four risks matter most for the Wipro share price target: slower revenue or profit growth, a PE de-rating, thin liquidity or size risk, and weakness in the broader market. The market capitalisation of Rs 1,96,380 crore means liquidity is deep, so the bigger risk is paying a full price for slow earnings growth. A fall to the downside-risk PE of 11.88 would cut the price even if earnings hold.
What is the PE ratio of Wipro and how does it compare with the industry?
Ans. The PE ratio of Wipro is 14.85, against an industry PE of 18.98, which is a discount to the industry. Price to book is 2.49 and return on equity is 16.68%, and the PE equals an earnings yield of 6.7%. The base case holds the PE unchanged, so the Wipro share price target moves only with earnings, while the bull and downside scenarios change the multiple by +15% and -20%.
Who owns Wipro, and what is the promoter holding?
Ans. Promoters held 72.58% of Wipro in September 2026. FII held 12.09%, DII held 5.13% and the public held 10.20%. Together the two institutional groups hold 17.22%. Shareholding is filed every quarter, so it is worth rechecking after each result.
What were Wipro's latest quarterly results?
Ans. In the September 2026 quarter, Wipro reported revenue of Rs 25,508 crore (up 7.9% year on year) and net profit of Rs 3,200 crore (down 1.9%). For comparison, FY26 full-year revenue growth was 3.8% and net profit moved up 0.4%. Each new quarter either supports or weakens the EPS growth of 10.0% assumed in the base case.
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