Wise (LON:WISE) Trading 16% Higher – Still a Buy?

Shares of Wise plc (LON:WISE) rose 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 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

Wall Street Analyst Weigh In

Several research firms recently issued reports on WISE. JPMorgan Chase & Co. cut their price objective on shares of 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. Berenberg Bank reissued a “buy” rating and issued a GBX 1,330 price target on shares of Wise in a research note on Thursday, November 6th. Two research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock has a consensus rating of “Buy” and an average price target of GBX 1,352.50.

Wise Stock Up 16.0%

The business has a 50-day moving average of GBX 876.80 and a 200-day moving average 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. The stock 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.

Wise (LON:WISE) last posted its earnings results on Thursday, November 6th. The company reported GBX 18.23 EPS for the quarter. Wise had a net margin of 25.11% and a return on equity of 41.22%. On average, sell-side analysts expect that Wise plc will post 37.7347752 EPS for the current 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.