Jefferies analyst Hannes Leitner has maintained their bullish stance on WISE stock, giving a Buy rating on May 30.
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Hannes Leitner has given his Buy rating due to a combination of factors including Wise PLC’s strong financial performance and strategic plans. The company reported a 4% beat in their FY25 underlying profit before tax (uPBT), which was driven by better-than-expected margins, despite a significant increase in expenses. This indicates Wise’s ability to manage costs effectively while still achieving growth.
Additionally, Wise’s decision to shift its primary listing to the US is anticipated to positively impact its stock performance. This strategic move is expected to enhance the company’s visibility and attract more investors, potentially driving up share prices. Leitner’s confidence in Wise’s future prospects is further supported by the company’s guidance for FY26, which remains at the higher end of their mid-term ambition, suggesting continued strong performance.
In another report released on May 30, UBS also maintained a Buy rating on the stock with a £13.00 price target.
Based on the recent corporate insider activity of 77 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.
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