Wipro Ltd. ADR (WIT) stock forecast: Can it reach its 52-week high of $3.79

A share price of Wipro Ltd. ADR [WIT] is currently trading at $2.86, down -0.69%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The WIT shares have gain 2.51% over the last week, with a monthly amount glided 4.00%, and seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

Wipro Ltd. ADR [NYSE: WIT] stock has seen the most recent analyst activity on June 20, 2025, when Morgan Stanley upgraded its rating to a Equal-Weight. Previously, Jefferies downgraded its rating to Underperform on April 08, 2025. On January 02, 2025, upgrade upgraded it’s rating to Neutral. HSBC Securities upgraded its rating to a Hold. Investec downgraded its rating to a Sell. In a note dated January 17, 2024, Exane BNP Paribas initiated an Underperform rating and provided a target price of $5.20 on this stock.

Wipro Ltd. ADR experienced fluctuations in its stock price throughout the past year between $2.62 and $3.79. Currently, Wall Street analysts expect the stock to reach $7.35 within the next 12 months. Wipro Ltd. ADR [NYSE: WIT] shares were valued at $2.86 at the most recent close of the market. An investor can expect a potential return of 156.99% based on the average WIT price forecast.

Analyzing the WIT fundamentals

Trailing Twelve Months sales for Wipro Ltd. ADR [NYSE:WIT] were 10.49B which represents -1.77% decline. Gross Profit Margin for this corporation currently stands at 0.3% with Operating Profit Margin at 0.17%, Pretax Profit Margin comes in at 0.2%, and Net Profit Margin reading is 0.15%. To continue investigating profitability, this company’s Return on Assets is posted at 0.1, Equity is 0.16 and Total Capital is 0.15. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.18.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Wipro Ltd. ADR [NYSE:WIT] is 2.39. As well, the Quick Ratio is 2.38, while the Cash Ratio is 0.38. Considering the valuation of this stock, the price to sales ratio is 2.86, the price to book ratio is 3.05 and price to earnings (TTM) ratio is 21.58.

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