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

Wise plc (LON:WISE)’s share price was up 16% during trading on Tuesday . The stock 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.

Trending Headlines about Wise

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 the stock. JPMorgan Chase & Co. cut their target price on shares of Wise from GBX 1,380 to GBX 1,375 and set an “overweight” rating for the company in a research note on Tuesday, November 11th. 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. Two equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and an average price target of GBX 1,352.50.

Wise Stock Performance

The firm’s fifty day moving average price is GBX 876.80 and its 200-day moving average price is GBX 983.27. The company has a market cap of £9.68 billion, a P/E ratio of 26.16, a P/E/G ratio of 1.28 and a beta of 0.75. The company has a current ratio of 1.06, a quick ratio of 0.06 and a debt-to-equity ratio of 22.88.

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, research analysts forecast that Wise plc will post 37.7347752 EPS for the current fiscal year.

About Wise

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.