WIPRO (Large Cap) Share Target 2024, 2025 To 2039
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Wipro Limited |
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Price: ₹305.20 | ||
| 52 Week Low: ₹208.50 52 Week High: ₹320.00 |
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| Market Capital: 2,42,145.37 Crore (Largecap) | |||
| Technology -> Information Technology Services | |||
Show Table of Contents
Table of Contents
- 1: Approach 1: Technical Analysis Paired With Price Action
- 1.1: WIPRO Share Price Target For 2024
- 1.1.1: WIPRO Share Price Target Table For 2024
- 1.1.2: Short-Term Technical Outlook
- 1.2: WIPRO Share Price Target For 2025
- 1.2.1: WIPRO Share Price Target Table For 2025
- 1.2.2: Long-Term Technical Outlook
- 2: Approach 2: Machine Learning By Studying Historical Prices
- 2.1: WIPRO Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
- 3: WIPRO Brief Company Overview
- 4: WIPRO Financial Performance
- 4.0.1: Is WIPRO A Good Buy For Long Term?
To predict the WIPRO's future market prices, we harnessed 2 dynamic approaches:
Approach 1: Technical Analysis Paired With Price Action
Approach 2: Machine Learning By Studying Historical Prices
Approach 1: Technical Analysis Paired With Price Action
WIPRO Share Price Target For 2024
The line chart displays the monthly closing prices of WIPRO with a black line. The green line shows three potential target prices for 2024, while the red line indicates three potential Stop Loss levels.
For detailed target and stop loss values for WIPRO shares in 2024, see the table below.
WIPRO Share Price Target Table For 2024
| Level | Value | Analysis |
|---|---|---|
| 2024 Target 3 | 319.1 (+4.55%) | Price Action: Sep 2020 High |
| 2024 Target 2 | 313.25 (+2.63%) | Price Action: 18 Dec 2024 High |
| 2024 Target 1 | 309.9 (+1.53%) | Price Action: 11 Dec 2024 High |
| Current Price | 305.20 | WIPRO's share price as of 20 Dec 2024 |
| Stop Loss 1 | 302.96 (-0.74%) | Price Action: Chart |
| Stop Loss 2 | 299.15 (-1.99%) | Price Action: 06 Dec 2024 High |
| Stop Loss 3 | 295.39 (-3.22%) | Price Action: Jun 2019 High |
Short-Term Technical Outlook
Current Technical Position: WIPRO is showing bullish momentum with price above both 25-day and 50-day moving averages.
Key Technical Level: The 25-day moving average at ₹296.82 serves as the nearest technical reference point.
Historical Returns: 3-month: -43.63% | 6-month: -40.72% | 1-year: -35.10%
WIPRO Share Price Target For 2025
The line chart displays the monthly closing prices of WIPRO with a black line. The green line shows three potential target prices for 2025, while the red line indicates three potential Stop Loss levels.
For detailed target and stop loss values for WIPRO shares in 2025, see the table below.
WIPRO Share Price Target Table For 2025
| Level | Value | Analysis |
|---|---|---|
| 2025 Target 3 | 523.04 (+71.37%) | Price Action: Chart |
| 2025 Target 2 | 513.29 (+68.18%) | Price Action: Chart |
| 2025 Target 1 | 508.21 (+66.51%) | Fibonacci Extension Level 64.90% |
| Current Price | 305.20 | WIPRO's share price as of 20 Dec 2024 |
| Stop Loss 1 | 255.21 (-16.38%) | Technical Indicator: MA250 |
| Stop Loss 2 | 252.66 (-17.22%) | Price Action: Chart |
| Stop Loss 3 | 248.11 (-18.71%) | Price Action: Chart |
Long-Term Technical Outlook
52-Week Range Analysis: WIPRO is currently trading near its 52-week high of ₹320, showing strong yearly momentum.
Long-Term Trend Analysis: The stock is maintaining a bullish long-term trend, trading above both 150-day and 250-day moving averages.
Long-Term Performance: 1-year: -35.10% | 3-year: -56.71% | 5-year: +26.78%
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Approach 2: Machine Learning By Studying Historical Prices
WIPRO Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
| Year | Target 1 | Target 1 YoY Chg % | Target 2 |
|---|---|---|---|
| Current Price | ₹305.20 | ||
| 2024 | ₹592.84 | +94.25% | ₹601.73 |
| 2025 | ₹721.20 | +21.65% | ₹732.02 |
| 2026 | ₹829.75 | +15.05% | ₹842.20 |
| 2027 | ₹968.29 | +16.70% | ₹982.81 |
| 2028 | ₹1,118.40 | +15.50% | ₹1,135.18 |
| 2029 | ₹1,250.27 | +11.79% | ₹1,269.02 |
| 2030 | ₹1,375.78 | +10.04% | ₹1,396.42 |
| 2031 | ₹1,467.16 | +6.64% | ₹1,490.96 |
| 2032 | ₹1,613.07 | +9.95% | ₹1,637.27 |
| 2033 | ₹1,775.60 | +10.08% | ₹1,802.23 |
| 2034 | ₹1,907.71 | +7.44% | ₹1,936.33 |
| 2035 | ₹2,030.37 | +6.43% | ₹2,060.83 |
| 2036 | ₹2,104.57 | +3.65% | ₹2,143.43 |
| 2037 | ₹2,257.84 | +7.28% | ₹2,291.71 |
| 2038 | ₹2,432.80 | +7.75% | ₹2,469.29 |
| 2039 | ₹2,534.11 | +4.16% | ₹2,572.12 |
Note: Target 1 and Target 2 represent price levels that the stock is most likely to achieve during the respective year, based on machine learning algorithms analyzing historical price patterns and market behavior. These predictions are generated through comprehensive analysis of the stock's historical data using advanced ML models.
WIPRO Brief Company Overview
Wipro Limited: A Global IT Leader Founded in 1945, Wipro Limited is a global IT, consulting, and business process services conglomerate headquartered in Bengaluru, India. Key Products and Services IT and IT-enabled services Digital strategy...
advisory Cloud and infrastructure Business process outsourcing Cybersecurity consulting Third-party IT products Wipro serves clients across diverse industries, including healthcare, manufacturing, banking, and government. Market Presence and Reputation With a strong market presence in India and a global footprint, Wipro has established a reputation as a reliable and innovative IT solutions provider. Commitment to Innovation Wipro is committed to continuous innovation, partnering with industry leaders like ServiceNow to develop cutting-edge solutions.WIPRO Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 2,42,145.37 Crore | Market valuation of WIPRO's shares. |
| Revenue (TTM) | 89,760.3 Crore | Total revenue generated by WIPRO over the past twelve months. |
| Net Income (TTM) | +110,451,998,720.00 | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | +17.26% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | +12.30% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) |
-4.20% | Change in revenue compared to the previous quarter. |
| Earnings Growth (YOY Quarterly) |
-7.80% | Change in earnings compared to the same quarter last year. |
| Debt-to-Equity (D/E) Ratio |
21.91 | Company's total debt divided by total shareholder equity. |
| Total Debt | 16,464.89 Crore | Sum of WIPRO's current & long-term financial obligations. |
| Total Cash | 40,778.9 Crore | Total amount of liquid funds available to WIPRO. |
| Beta | 0.69 | Beta is less than 1 indicating that the WIPRO's price is less volatile than the market. |
Is WIPRO A Good Buy For Long Term?
WIPRO's performance exhibits a mixed picture. While its revenue has declined slightly in the previous quarter, its net profit has risen by 12.3%, demonstrating the company's profitability. Additionally, its long-term returns remain robust, indicating a strong track record of growth. Despite the presence of debt, its cash balance is substantial, providing a cushion against financial risks. Overall, WIPRO presents as a potentially attractive investment option for long-term investors seeking a balance of stability and growth potential.
Disclaimer: The information provided on this page is for educational purposes only and should not be considered as financial advice. Historical performance data and technical analysis cannot guarantee future results. Stock investments are subject to market risks. Please consult with a qualified financial advisor before making any investment decisions.
All stock data shown is sourced from publicly available information and while we strive for accuracy, we cannot guarantee the absolute accuracy of all figures. Users should verify critical information from official sources before making investment decisions.
