Analyst Consensus ?
ConsensusHold21 ratings
Bullish419.1%
Neutral1047.6%
Bearish733.3%
Wipro Limited · WIT · FY2025 Q4 · Calendar Q2 2025
Wipro: AI deal momentum meets a cautious near-term outlook
Wipro's AI-led deal activity and margin discipline provide support, but the cautious revenue outlook and macro-related project delays leave the near-term growth case unproven.
Reported Before market openNYSETechnology
$19.29B market cap
80quality score
Earnings scorecard
Reported versus consensus
Reported EPS
—
Consensus $0.04
EPS surprise
—
Reported versus consensus
Reported revenue
—
Consensus $226.04B
Revenue surprise
—
Reported versus consensus
Market reaction
prior-close to event-session close
Stock move
-3.2%
Event window
SPY move
-2.2%
Same window
Abnormal move
-1.0%
Stock minus SPY
Volume
1.0×
Versus trailing sessions
Subsequent drift
+9.9%
Up to 20 sessions
WITSPY benchmark
Ask FN2 about WIT FY2025 Q4
Transcript, numbers and history already loaded
What drove WIT's -3.2% move after FY2025 Q4 earnings?What changed in WIT's guidance and outlook in FY2025 Q4?Give me the bull and bear case for WIT after FY2025 Q4 earnings.
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Transcript intelligence
What changed
The company maintained its AI and large-account investment focus, but near-term conditions became more cautious: FY25 revenue declined and Q1 FY26 guidance calls for a sequential constant-currency decline.
Guidance delta
Outlook shifted from prior-quarter flat guidance to a Q1 FY26 constant-currency revenue decline of 3.5% to 1.5%.
Key takeaways
- FY25 IT services revenue declined 2.3% year over year, while operating margin expanded to 17.1%.
- Wipro closed 63 large deals worth $5.4 billion in FY25, including 17 worth $1.8 billion in Q4.
- Management cited tariff uncertainty, cautious client spending, and pressure in Europe and manufacturing.
- The company is emphasizing AI services, NVIDIA partnership initiatives, talent development, and regional leadership changes.
Management priorities
- Roll out AI-infused services across managed services and new revenue streams
- Execute the five-year transformation program for a global technology leader in H2
- Expand AI solutions in smart-city and tourism projects
- Continue talent upskilling and strengthen European leadership
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Estimate
Beat
Miss
Match
Analyst 52W Price Targets
$1.95Current
$7Low
$7.35Average
$7.7High
Latest persisted target per named analyst; persisted current price from FN2's market snapshot as of Oct 18, 2026. Not an FN2 forecast.
Firm-level rating actions
FMP grade actions identify the grading firm, not a named analyst.
| Firm | Rating | Prior rating | Action | Date |
|---|---|---|---|---|
| JP Morgan | Underweight | Underweight | Maintain | Jun 24, 2026 |
| UBS | Neutral | Sell | Upgrade | Jan 2, 2025 |
| Wedbush | Underperform | Underperform | Maintain | Jan 16, 2024 |
| Bernstein | Underperform | Market Perform | Downgrade | Mar 22, 2023 |
| Goldman Sachs | Buy | Sell | Upgrade | Sep 13, 2022 |
| Morgan Stanley | Underweight | Overweight | Downgrade | Jul 14, 2022 |
| Macquarie | Outperform | Neutral | Upgrade | Jun 2, 2022 |
| Jefferies | Hold | Underperform | Upgrade | Feb 4, 2022 |
| Citigroup | Buy | Neutral | Upgrade | Apr 16, 2021 |
| Credit Suisse | Underperform | Neutral | Downgrade | Feb 26, 2019 |
| Nomura | Neutral | Reduce | Upgrade | Jun 26, 2018 |
| Bank of America | Neutral | Neutral | Maintain | Jul 21, 2017 |
| B of A Securities | Neutral | Neutral | Maintain | Jul 21, 2017 |
| HSBC | Reduce | Hold | Downgrade | Aug 9, 2016 |
| Sterne Agee CRT | Underperform | Underperform | Maintain | Dec 17, 2015 |
| Barclays | Equal Weight | Underweight | Upgrade | May 23, 2014 |
| Societe Generale | Hold | Hold | Maintain | Sep 23, 2013 |
| Standard Chartered Bank | Outperform | In Line | Upgrade | Mar 26, 2013 |
| Sushil Finance | Hold | Hold | Maintain | Dec 10, 2012 |
| KR Choksey | Hold | Reduce | Upgrade | Jul 26, 2012 |
| Oppenheimer | Perform | Perform | Maintain | Feb 24, 2012 |
Named analyst price targets
Upside is calculated against the persisted current price $1.95. FMP does not supply a rating on these named-analyst rows.
| Firm | Analyst | 52W target | Price when posted | Upside | Date |
|---|---|---|---|---|---|
| CFRA | Hazim Bahari | $7 | $6.59 | +259.0% | Oct 21, 2024 |
| Jefferies | Take Jefferies | $7.7 | $6.71 | +294.9% | Apr 27, 2022 |
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Start freeCompany context
Snapshot as of publicationWipro Limited is a global enterprise that specializes in providing information technology (IT), consulting, and business process services. The company organizes its operations into three distinct divisions: IT Services, IT Products, and India State Run Enterprise Services (ISRE). The IT Services division delivers a comprehensive suite of IT and IT-enabled solutions. These offerings span strategic digital advisory, bespoke customer experience design, expert technology and IT consultation, and the complete lifecycle of custom application management – from design and development to re-engineering and ongoing maintenance. Additionally, this segment handles systems integration, the deployment of packaged software, management of cloud and infrastructure environments, optimization of business processes, and advanced services in cloud computing, mobile technology, and data analytics, alongside research and development, and hardware and software design for various enterprises.…
Historical context
All WIT earningsTechnology peers this season
Latest reports in the same sector| Company | Quarter | EPS surprise | Market move | Headline |
|---|---|---|---|---|
| TSM Taiwan Semiconductor Manufacturing Company Limited | FY2026 Q3 · Calendar Q4 2026 | +3.4% | -1.8% | TSMC beats Q3 guidance as AI demand drives fab expansion |
| ERIC Telefonaktiebolaget LM Ericsson (publ) | FY2026 Q3 · Calendar Q4 2026 | +28.6% | +11.8% | Ericsson Q3: 7% organic growth, resilient margins and AI-led demand |
| ASML ASML Holding N.V. | FY2026 Q3 · Calendar Q4 2026 | +20.4% | -3.9% | ASML: Record Q3, strong AI demand and broader capacity plans |
Latest beats and misses
Who reports nextBeat on EPS
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Sources
- Earnings call transcript and parsed analysis · 2026-05-11T10:29:34.698584+00:00
- FN2 earnings calendar · 2025-04-08T17:16:14.722277+00:00
- Polygon adjusted daily market bars · 2026-10-18T08:20:43.212717+00:00
- Financial Modeling Prep analyst price-target consensus and quote snapshot · 2026-10-18T08:20:43.209632+00:00
Methodology
Reported and consensus figures come from FN2's earnings event records. Market reaction and volume are calculated from daily adjusted bars around the event; abnormal move subtracts the SPY move over the same window.
Analyst target low, average, and high values are derived at request time from each named analyst's latest persisted FMP target. The current-price marker comes from FN2's persisted market snapshot. They are sell-side estimates, not an FN2 valuation or recommendation.
Transcript intelligence is a structured synthesis of the current and prior earnings-call analyses. Missing values stay missing and are never estimated.
By FN2 Research · Updated · As of 2026-10-18. For educational purposes only; not investment advice.