Wipro (WIT) Expected to Release Quarterly Earnings on Thursday

Wipro (NYSE:WIT) is expected to be posting its Q2 26/27 (Media) results before the market opens on Thursday, October 15th. Analysts expect Wipro to announce earnings of $0.04 per share and revenue of $2.58 billion for the quarter. Individuals may visit the company’s upcoming Q2 26/27 (Media) earnings overview page for the latest details on the call scheduled for Thursday, October 15, 2026 at 7:00 AM ET.

Wipro (NYSE:WIT) last posted its quarterly earnings data on Friday, July 17th. The information technology services provider reported $0.03 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.03. The firm had revenue of $2.58 billion for the quarter, compared to the consensus estimate of $2.60 billion. Wipro had a return on equity of 15.40% and a net margin of 13.93%. On average, analysts expect Wipro to post $0.14 EPS for the current fiscal year and $0.14 EPS for the next fiscal year.

Wipro Stock Up 0.3%

Wipro stock opened at $1.71 on Tuesday. The business’s 50-day simple moving average is $1.79 and its 200 day simple moving average is $1.97. The stock has a market cap of $16.87 billion, a price-to-earnings ratio of 13.12, a P/E/G ratio of 3.88 and a beta of 0.97. Wipro has a 12-month low of $1.59 and a 12-month high of $3.09.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on the stock. CLSA cut shares of Wipro from a “hold” rating to an “underperform” rating in a research report on Wednesday, August 19th. JPMorgan Chase & Co. cut shares of Wipro from a “neutral” rating to an “underweight” rating and lowered their price objective for the company from $2.20 to $1.70 in a research report on Wednesday, June 24th. Finally, Weiss Ratings cut shares of Wipro from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Friday, October 2nd. Four equities research analysts have rated the stock with a Sell rating. Based on data from MarketBeat.com, the company presently has a consensus rating of “Strong Sell” and a consensus target price of $1.70.

About Wipro

Wipro Limited (NYSE:WIT) is an India-based technology services and consulting company that helps businesses modernize operations, develop digital products and manage technology infrastructure. Its services include consulting, application development and management, cloud computing, cybersecurity, data and analytics, artificial intelligence, engineering, and business process services.

The company serves clients across industries including financial services, healthcare, consumer and retail, communications, energy, manufacturing, and technology.