Wipro Completes Acquisition of Harman Connected Services
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The latest update is out from Wipro ( (WIT) ).
Wipro Limited announced the completion of its acquisition of Harman Connected Services Inc. and its subsidiaries, collectively known as DTS, from Harman International Industries, Inc. The acquisition, initially announced on August 21, 2025, was finalized on December 1, 2025. This strategic move is expected to enhance Wipro’s capabilities in the connected services domain, potentially strengthening its market position and offering expanded services to its clients.
The most recent analyst rating on (WIT) stock is a Buy with a $3.00 price target. To see the full list of analyst forecasts on Wipro stock, see the WIT Stock Forecast page.
Spark’s Take on WIT Stock
According to Spark, TipRanks’ AI Analyst, WIT is a Outperform.
Wipro’s overall stock score is driven by its strong financial performance, characterized by solid profitability and a robust balance sheet. The technical analysis indicates moderate bullish momentum, while the valuation suggests a fair price with an attractive dividend yield. The absence of earnings call and corporate events data did not impact the score.
To see Spark’s full report on WIT stock, click here.
More about Wipro
Wipro Limited is a leading global information technology, consulting, and business process services company based in Bangalore, India. It offers a wide range of services including IT consulting, system integration, and outsourcing solutions to clients across various industries worldwide.
Average Trading Volume: 8,054,941
Technical Sentiment Signal: Buy
Current Market Cap: $30.21B
For a thorough assessment of WIT stock, go to TipRanks’ Stock Analysis page.
