Wise (LON:WISE) Trading 16% Higher – What’s Next?

Shares of Wise plc (LON:WISE) traded up 16% during trading on Tuesday . The company traded as high as GBX 982.77 and last traded at GBX 967.50. 8,586,854 shares traded hands during mid-day trading, an increase of 45% from the average session 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

Wall Street Analyst Weigh In

WISE has been the subject of a number of research analyst reports. Berenberg Bank restated a “buy” rating and set a GBX 1,330 price objective on shares of Wise in a research report on Thursday, November 6th. JPMorgan Chase & Co. dropped their price target on Wise from GBX 1,380 to GBX 1,375 and set an “overweight” rating for the company in a report on Tuesday, November 11th. Two investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company currently has a consensus rating of “Buy” and an average target price of GBX 1,352.50.

Wise Stock Performance

The company has a fifty day moving average of GBX 877.24 and a two-hundred day moving average of GBX 982.66. The company has a market cap 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 debt-to-equity ratio of 22.88, a quick ratio of 0.06 and a current ratio of 1.06.

Wise (LON:WISE) last posted 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 anticipate that Wise plc will post 37.7347752 EPS for the current 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.