Wise (LON:WISE) Shares Up 16% – What’s Next?

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

Key Stories Impacting Wise

Here are the key news stories impacting Wise this week:

• Positive Sentiment: Management says a US‑UK dual listing remains on track and the company reported a ~21% rise in income, which combined with upbeat earnings guidance pushed investor optimism about share liquidity and access to US capital markets. Wise Shares Surge on Earnings Guidance as Dual Listing on Track
• Neutral Sentiment: Market coverage pieces note the stock jumped (double‑digit intraday gains) and discuss potential next moves for traders and longer‑term investors; these commentaries summarize catalysts but add limited new company‑specific information. Wise (LON:WISE) Stock Price Up 12.6% – What’s Next?
• Negative Sentiment: Several senior executives vested share awards and sold portions of their stock to cover tax liabilities. While the filings say the sales were for tax purposes (common practice), insider selling can create short‑term negative perception among some investors. Monitor future insider activity for confirmation of intent. Wise Executives Vest Share Awards and Sell Portions to Cover Tax Liabilities

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on the stock. Berenberg Bank reaffirmed a “buy” rating and set a GBX 1,330 target price on shares of Wise in a research note on Thursday, November 6th. JPMorgan Chase & Co. reduced their price objective on Wise from GBX 1,380 to GBX 1,375 and set an “overweight” rating for the company in a research report on Tuesday, November 11th. Two investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Wise presently has an average rating of “Buy” and a consensus price target of GBX 1,352.50.

Wise Stock Up 0.3%

The company has a market cap of £9.71 billion, a P/E ratio of 26.24, a P/E/G ratio of 1.28 and a beta of 0.75. The company’s 50-day moving average is GBX 877.24 and its two-hundred day moving average is GBX 982.66. The company has a debt-to-equity ratio of 22.88, a current ratio of 1.06 and a quick ratio of 0.06.

Wise (LON:WISE) last issued its earnings results 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%. As a group, equities analysts predict that Wise plc will post 37.7347752 earnings per share for the current fiscal year.

Wise Company Profile

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.