macro

Analysts Nudge Up Wipro's 12-Month Price Target Average

Wipro's average 12-month price target edged higher per FactSet data, while the consensus rating stayed at Hold. The report was published on TradingView.

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what happened

According to estimates from 39 analysts, the average 12-month price target for Wipro Limited rose from $1.78 to $1.8. Forecasts range from $1.41 to $2.15 per share. Based on the October 15 closing price, the new target implies a downside of about 4%.

Another version of the same report from ru.tradingview.com gives the figures in rupees: the average target moved from INR 169.95 to INR 171.68, with a range of INR 136 to INR 204. That version counts 40 analysts and implies roughly 1% downside. The FactSet figures differ between the two reports, so the original source is worth checking.

why it matters

The consensus rating remains Hold. One version of the report counts 8 Buys, 14 Holds and 19 Sells, the other 8 Buys, 14 Holds and 20 Sells. A small move in the average target rarely shifts the market, but it shows that analyst views on the Indian IT exporter are barely changing. For investors, this points to a neutral stance rather than a clear price trend.

tags

instruments

Wipro

sources

  1. Wipro Limited Stock 12‑Month Price Target Raised to $1.8, Implies 4% Downside — ru.tradingview.com, 16 October 2026 at 16:20 UTC
  2. Wipro Limited Stock 12‑Month Price Target Raised to INR 171.68, Implies 1% Downside — ru.tradingview.com, 16 October 2026 at 16:20 UTC

prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.

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