Wipro (NYSE:WIT) Issues Quarterly Earnings Results

Wipro (NYSE:WIT) announced its quarterly earnings results on Thursday. The information technology services provider reported $0.04 EPS for the quarter, meeting the consensus estimate of $0.04, Zacks reports. Wipro had a return on equity of 15.35% and a net margin of 14.61%.The company had revenue of $2.60 billion for the quarter, compared to the consensus estimate of $2.65 billion.

Here are the key takeaways from Wipro’s conference call:

• Wipro reported Q4 IT services revenue of $2.65 billion (Q/Q +0.2% CC, Y/Y -0.2% CC) and full-year IT services revenue of $10.5 billion (Y/Y -1.6% CC), with Q4 operating margin at 17.3% (down 30 bps sequentially) and Q1 revenue guidance of -2% to 0% in constant currency.
• The board approved Wipro’s largest-ever buyback of INR 15,000 crores at INR 250/share (expected to repurchase ~5.7% of paid-up capital), subject to shareholder approval and completion in Q1 FY27.
• Management is making a strategic pivot into AI with a new AI-native business & platforms unit to pursue a services-as-software model, complemented by large AI and engineering engagements (including runs for frontier AI models and semiconductor engineering services) that aim to drive differentiated, repeatable revenue streams.
• Order bookings were $3.5 billion in Q4 (14 large deals totaling $1.4 billion) and Wipro highlighted a transformational >$1 billion engagement with the Olam Group, but several large deals have experienced client-specific delays and ramp-up timing issues—management says these are largely account-specific and expect resolution in upcoming quarters.

Wipro Stock Down 4.6%

WIT stock opened at $2.17 on Friday. The business has a 50 day moving average price of $2.24 and a 200 day moving average price of $2.56. The stock has a market cap of $22.68 billion, a price-to-earnings ratio of 15.47, a PEG ratio of 6.24 and a beta of 1.06. Wipro has a fifty-two week low of $2.05 and a fifty-two week high of $3.13.

Wall Street Analyst Weigh In

Separately, Morgan Stanley downgraded Wipro to an “underweight” rating in a research report on Monday, January 19th. Two investment analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Reduce”.

Institutional Investors Weigh In On Wipro

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Tidal Investments LLC lifted its stake in Wipro by 19.3% in the second quarter. Tidal Investments LLC now owns 27,260 shares of the information technology services provider’s stock valued at $82,000 after buying an additional 4,403 shares during the last quarter. Lido Advisors LLC raised its stake in shares of Wipro by 11.7% during the fourth quarter. Lido Advisors LLC now owns 42,485 shares of the information technology services provider’s stock worth $118,000 after purchasing an additional 4,454 shares during the last quarter. Cresset Asset Management LLC raised its stake in shares of Wipro by 10.2% during the second quarter. Cresset Asset Management LLC now owns 55,883 shares of the information technology services provider’s stock worth $169,000 after purchasing an additional 5,166 shares during the last quarter. Deutsche Bank AG raised its stake in shares of Wipro by 0.6% during the fourth quarter. Deutsche Bank AG now owns 813,925 shares of the information technology services provider’s stock worth $2,312,000 after purchasing an additional 5,168 shares during the last quarter. Finally, Raymond James Financial Inc. raised its stake in shares of Wipro by 7.0% during the third quarter. Raymond James Financial Inc. now owns 84,707 shares of the information technology services provider’s stock worth $223,000 after purchasing an additional 5,575 shares during the last quarter. Hedge funds and other institutional investors own 2.36% of the company’s stock.

Wipro News Summary

Here are the key news stories impacting Wipro this week:

• Positive Sentiment: Clean audit on FY‑2026 standalone results, which reduces accounting/earnings-quality risk for investors. Article Title
• Positive Sentiment: Company published its Q4 earnings press conference recording (audio/video) — improves transparency and lets investors assess management tone and details. Article Title
• Positive Sentiment: Strategic tie‑up with Indeco Ind Spa to expand product offerings — modestly supportive for growth/product diversification over time. Article Title
• Neutral Sentiment: Q4 showed EPS in line with expectations but revenue shortfall; margin and ROE remain respectable, making this a mixed earnings beat/miss. Article Title
• Neutral Sentiment: Full Q4 earnings call transcript available for investors to pore over management’s explanations on guidance and client trends. Article Title
• Negative Sentiment: Management issued a softer revenue outlook for the ongoing quarter; markets reacted to heightened concerns about demand, slower deal conversions and potential margin pressure. Article Title
• Negative Sentiment: Reuters: weak forecast reinforced investor worries on growth visibility and margins, contributing to the stock pullback. Article Title
• Negative Sentiment: Earlier Reuters coverage noted the Q4 revenue miss was driven by muted tech spending and slowing business from a major client (Estée Lauder), highlighting near‑term client concentration and demand risks. Article Title

About Wipro

Wipro Limited (NYSE: WIT) is an Indian multinational corporation that provides information technology, consulting and business process services. Headquartered in Bengaluru, India, the company traces its origins to 1945 when it was founded as Western India Vegetable Products and later diversified into technology and IT services. Today Wipro positions itself as a provider of enterprise IT solutions and digital transformation services for large and mid-sized organizations across multiple industries.

The company’s service portfolio includes application development and maintenance, cloud and infrastructure services, data analytics and AI, cybersecurity, digital consulting, product engineering and research and development, as well as business process services.