Jefferies analyst Hannes Leitner maintained a Buy rating on Wise PLC Class A today and set a price target of p1,231.00.
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Hannes Leitner has given his Buy rating due to a combination of factors that point to a strengthening growth outlook for Wise PLC Class A. He views the upcoming FQ3’26 trading update positively, in large part because the strong customer additions seen in FQ2 are expected to continue, supported by higher marketing investments, especially in traditional media such as television. This sustained momentum in user acquisition underpins his expectation that income growth in FQ3 could exceed his current underlying income forecast of about 15%.
Building on this, Leitner anticipates that a potential beat in FQ3 income could mark the low point in Wise’s topline growth trajectory and set the stage for re-acceleration in subsequent periods. The implied inflection from a growth trough, together with evidence that marketing spend is translating effectively into durable customer growth, supports his positive stance on the company’s medium-term revenue profile. In his view, this combination of cyclical trough dynamics and improving growth drivers justifies a Buy recommendation on Wise PLC Class A.
Based on the recent corporate insider activity of 75 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of WISE in relation to earlier this year.