10 Mid-Cap IT Stocks Outperforming The Market In 2025

2. WNS (Holdings) Limited (NYSE:WNS)

WNS (Holdings) Limited operates as a business process management company that provides analytical, data, business transformation, and voice services.  It operates through four segments; BFSI, TSLU, MRHP, and HCLS. Despite high risks, the company is up 27% for the year. Let’s take a look at whether this surge in price is justified, or makes the stock too risky to get involved in.

WNS announced its Q3 result on 23rd January, reporting modest growth in revenue. While the EPS declined YoY, it is more in line with the company’s recent performance and expectations. If anything, it shows that the company is stabilizing. The company’s digital transformation products and solutions continue to be in demand, as shown by the addition of 7 new clients during the quarter. The company also expanded 52 of its existing partnerships.

The management is anticipating a low double-digit growth in fiscal 2026 and that is where the recent price surge comes from. The deals that the company has in the pipeline can easily account for 25% of the revenue guidance for 2025. Good execution could mean beating estimates is a given as the company’s own guidance is quite conservative. A few large deals, which can’t be ruled out given the quality of the company’s GenAI solutions, could make the stock skyrocket.

Another way to look at the stock, and to evaluate the risk, is to ask why the company hasn’t been able to close any of the 20 deals it has in the pipeline. This is a valid question to ask and raises doubts over the management’s business execution. However, if the investor is willing to bet on the management, the rewards could be massive.