Wise boosts volumes and income as it targets Nasdaq dual listing

Wise PLC Class A ( (GB:WISE) ) has issued an update.

Wise PLC reported strong growth in its core money transfer and account services, with quarterly cross-border volumes rising 26% year-on-year to £49.4bn and active customers reaching 11.3 million, up 22%. Customer holdings in Wise accounts climbed 37% to £29.4bn, while underlying income for the quarter increased 24% to £435.3m, supported by rising adoption of account features and a 10 percentage point jump in instant transfers.

For the full fiscal year 2026, Wise’s active customer base expanded 21% to 18.9 million, driving a 25% increase in annual cross-border volumes to £181.7bn and an 18% rise in underlying income to about £1.61bn. The company also highlighted robust growth in its business segment and reiterated expectations for its underlying profit before tax margin to sit toward the top of its 13% to 16% target range.

Wise confirmed it remains on track to complete a dual listing this quarter, transferring its primary listing to Nasdaq while retaining a secondary listing in London. The move, which will see the company report results in U.S. dollars under U.S. GAAP, is aimed at boosting visibility in its largest addressable market and tapping deeper U.S. capital pools, potentially strengthening its competitive position in global payments.

The most recent analyst rating on (GB:WISE) stock is a Buy with a £1160.00 price target. To see the full list of analyst forecasts on Wise PLC Class A stock, see the GB:WISE Stock Forecast page.

Spark’s Take on WISE Stock

According to Spark, TipRanks’ AI Analyst, WISE is a Outperform.

The score is led by very strong financial performance (growth, profitability, balance-sheet strength, and cash flow), supported by a generally positive earnings call focused on customer and volume momentum. Offsetting factors are a relatively high valuation (P/E ~25.7 with no dividend) and mixed technical signals with negative MACD and an elevated RSI.

To see Spark’s full report on WISE stock, click here.

More about Wise PLC Class A

Wise PLC is a global financial technology company focused on low-cost cross-border payments and multi-currency money management for consumers and businesses. Through its Wise Account and Wise Business products, customers can hold more than 40 currencies, transfer funds internationally, and spend abroad, while banks and large enterprises integrate Wise’s infrastructure to power their own cross-border services.

Average Trading Volume: 2,030,926

Technical Sentiment Signal: Buy

Current Market Cap: £11.8B

See more insights into WISE stock on TipRanks’ Stock Analysis page.