Is DRIPS a Wordle Word?

Yes. DRIPS is a valid Wordle word.

It is not on the Wordle answer list, so it is unlikely to be a daily answer.

Plurals ending in S are almost never chosen as Wordle answers.

What does DRIPS mean?

A drop of a liquid.“I put a drip of vanilla extract in my hot cocoa.”
A falling or letting fall in drops; act of dripping.
An apparatus that slowly releases a liquid, especially one that intravenously releases drugs into a patient's bloodstream.“He's not doing so well. The doctors have put him on a drip.”

2 more noun definitions

A limp, ineffectual, or uninteresting person.“He couldn't even summon up the courage to ask her name... what a drip!”
That part of a cornice, sill course, or other horizontal member, which projects beyond the rest, and has a section designed to throw off rainwater.

Definition from Wiktionary, available under the CC BY-SA license.

Starter word rating: WeakIn the top 46% of all valid Wordle words for testing common letters.
Vowels: I
Unique letters: 5 of 5
Common letters: R, I

Letter ratings use how often each letter appears in Wordle answers.

Tap its tiles to the colours Wordle showed, and the Wordle Solver lists every word that still fits, with the best next guess.