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The latest announcement is out from Wipro ( (WIT) ).
On October 16, 2025, Wipro Limited announced its financial results for the quarter ended September 30, 2025, reporting a significant increase in large deal bookings by 90.5% year-over-year, reaching $2.9 billion. The company’s gross revenue grew by 2.5% quarter-over-quarter, while net income saw a year-over-year increase of 1.2%. Despite a slight contraction in IT services operating margin due to a customer bankruptcy provision, the adjusted margin expanded by 0.4% year-over-year. Wipro’s strategic focus on AI and cloud solutions has led to several key engagements, including modernization projects with European financial institutions and U.S. healthcare companies, positioning the company strongly in the global market.
The most recent analyst rating on (WIT) stock is a Buy with a $3.00 price target. To see the full list of analyst forecasts on Wipro stock, see the WIT Stock Forecast page.
Spark’s Take on WIT Stock
According to Spark, TipRanks’ AI Analyst, WIT is a Outperform.
Wipro’s overall stock score is driven by its strong financial performance and fair valuation. The earnings call provided a balanced view with significant deal wins but also highlighted challenges in revenue growth. Technical analysis suggests caution due to bearish momentum. The company’s financial stability and strategic focus on large deals support its potential for future growth.
To see Spark’s full report on WIT stock, click here.
More about Wipro
Wipro Limited is a leading technology services and consulting company based in Bangalore, India. The company operates in the IT services industry, providing a range of services including IT consulting, system integration, and business process outsourcing. Wipro focuses on leveraging technology to drive business transformation and innovation for its clients across various sectors.
Average Trading Volume: 8,225,742
Technical Sentiment Signal: Sell
Current Market Cap: $28.74B
See more data about WIT stock on TipRanks’ Stock Analysis page.