Wise (LON:WISE) Trading 16% Higher – Should You Buy?

Shares of Wise plc (LON:WISEGet Free Report) were up 16% on Tuesday . The stock traded as high as GBX 982.77 and last traded at GBX 967.50. Approximately 8,586,854 shares traded hands during mid-day trading, an increase of 45% from the average daily volume of 5,931,403 shares. The stock had previously closed at GBX 834.

Key Wise News

Here are the key news stories impacting Wise this week:

  • Positive Sentiment: Bloomberg reports Wise is on track for a US‑UK dual listing and disclosed operating income growth of ~21%, plus upbeat guidance — a US listing would broaden the investor base, likely increase liquidity and could support a valuation rerating. Wise Shares Surge on Earnings Guidance as Dual Listing on Track
  • Neutral Sentiment: Coverage noting the sharp intraday rise and asking “what’s next?” provides market context — highlights technical momentum, trading volume and near‑term catalysts (dual‑listing timing, upcoming results) but adds little new fundamental information. Traders may use this to time entries/exits rather than change long‑term thesis. Wise (LON:WISE) Stock Price Up 12.6% – What’s Next?
  • Negative Sentiment: TipRanks reports senior executives vested share awards and sold portions to cover tax liabilities — routine tax‑related sales can create near‑term supply and are sometimes read negatively by the market, though the filing indicates the transactions were to meet tax obligations rather than opportunistic exits. Wise Executives Vest Share Awards and Sell Portions to Cover Tax Liabilities

Analysts Set New Price Targets

Several analysts recently commented on WISE shares. Berenberg Bank reiterated a “buy” rating and issued a GBX 1,330 target price on shares of Wise in a report on Thursday, November 6th. JPMorgan Chase & Co. reduced their price objective on shares of Wise from GBX 1,380 to GBX 1,375 and set an “overweight” rating on the stock in a research note on Tuesday, November 11th. Two analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus target price of GBX 1,352.50.

Read Our Latest Analysis on WISE

Wise Stock Performance

The company has a market capitalization of £9.68 billion, a price-to-earnings ratio of 26.16, a P/E/G ratio of 1.28 and a beta of 0.75. The company has a 50 day moving average price of GBX 876.80 and a 200 day moving average price of GBX 983.27. The company has a debt-to-equity ratio of 22.88, a quick ratio of 0.06 and a current ratio of 1.06.

Wise (LON:WISEGet Free Report) last announced its quarterly earnings data on Thursday, November 6th. The company reported GBX 18.23 EPS for the quarter. Wise had a return on equity of 41.22% and a net margin of 25.11%. Equities research analysts predict that Wise plc will post 37.7347752 earnings per share for the current fiscal year.

Wise Company Profile

(Get Free Report)

Wise plc provides cross-border and domestic financial services for personal and business customers in the United Kingdom, rest of Europe, the Asia-Pacific, North America, and internationally. Its product portfolio includes international money transfer, wise account, international debit card, amount transfer, receive money, wise platform, business debit card, and mass payment services. The company was formerly known as 456 Newco plc and changed its name to Wise plc in June 2021. Wise plc was founded in 2010 and is based in London, the United Kingdom.

Further Reading

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