Wipro (WIT) Expected to Announce 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 the company to post earnings of $0.04 per share and revenue of $2.58 billion for the quarter. Parties may review the information on 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 announced its quarterly earnings data on Friday, July 17th. The information technology services provider reported $0.03 EPS for the quarter, meeting the consensus estimate of $0.03. The business had revenue of $2.58 billion during the quarter, compared to analysts’ expectations of $2.60 billion. Wipro had a net margin of 13.93% and a return on equity of 15.40%. 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 Price Performance

WIT stock opened at $1.80 on Wednesday. The firm’s fifty day simple moving average is $1.79 and its 200-day simple moving average is $1.97. The company has a market capitalization of $17.85 billion, a P/E ratio of 13.08, a price-to-earnings-growth 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 Ratings Changes

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

Wipro Company Profile

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.