Wise PLC Announces Strong Growth and Dual Listing Plans

Wise PLC Class A ( (GB:WISE) ) just unveiled an update.

Wise PLC reported a 23% increase in cross-border transaction volume, moving £145.2 billion for 15.6 million customers in the financial year ending March 2025. The company plans to dual list its shares in the US and UK to enhance its market presence and access to capital, aiming to capture a larger share of the £32 trillion market opportunity.

The most recent analyst rating on (GB:WISE) stock is a Buy with a £1140.00 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 GB:WISE Stock

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

Wise PLC scores strongly on financial performance, indicating robust growth and financial stability. While technical analysis suggests some short-term challenges, the company’s valuation remains reasonable. The overall score reflects a solid financial foundation, tempered by mixed technical indicators.

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

More about Wise PLC Class A

Wise PLC is a financial technology company that operates in the cross-border payments industry. It focuses on providing faster, cheaper, and more reliable money transfer services for personal and business customers, aiming to build a global network for seamless money movement.

Average Trading Volume: 1,707,946

Technical Sentiment Signal: Buy

Current Market Cap: £15.32B

For detailed information about WISE stock, go to TipRanks’ Stock Analysis page.