Negative impactOrders & Deals
Wipro shares could fall another 10%, JPMorgan says with one of the lowest targets on the Street
CNBC-TV18 1 hr ago·8 Sept 2026, 3:03 am
Wipro shares have faced significant pressure recently, with a major global bank projecting a further 10% decline in value. This downgrade comes as the IT major continues to grapple with a prolonged period of lower pricing, a trend that has persisted for several quarters. The firm has indicated that this challenging environment is expected to endure for another four to six quarters as it works through its client portfolio.
For investors, this news highlights the ongoing volatility in the IT sector, specifically regarding pricing power and margin recovery. The outlook suggests that while the worst may not be over, the company is actively managing its operations through this downturn. It remains crucial to monitor the company's quarterly results and client commentary for any signs of stabilization or improvement in pricing trends.
Excerpt from CNBC-TV18
AI-led deflation on contract renewals has been playing out for the past four to six quarters, and Wipro expects this trend to continue for another four to six quarters as it works through the company's broader portfolio. Disclaimer: The views and investment tips expressed by investment experts on CNBCTV18.com are…Read the original at CNBC-TV18
Affected stocks
Bearish1 stock
Bull / bear label is derived from the article's AI sentiment — indicative, not advice. Prices may be delayed.
Key takeaways
- Concerns Wipro (WIPRO).
- Category: Orders & Deals.
- AI reads the tone as negative (potentially bearish) for the stock.
- Assessed as a significant, market-relevant update.
Why it matters
A meaningful update for Wipro worth tracking. The tone is negative — watch for downside reaction. Use the price and stock snapshot to gauge how the market is responding.
