Hannes Leitner, an analyst from Jefferies, maintained the Buy rating on Wise PLC Class A. The associated price target is p1,299.00.
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Hannes Leitner has given his Buy rating due to a combination of factors including Wise’s continued robust operating performance and consistent outperformance versus expectations. The company delivered around mid‑20s percent underlying income growth in constant currency with no meaningful FX drag and modest quarter‑on‑quarter progression, marginally exceeding both Jefferies and consensus estimates, supported by stronger‑than‑forecast customer growth and transaction volumes.
He also highlights the confirmation of Wise’s underlying profit‑before‑tax margin guidance at roughly the mid‑teens level, which underpins confidence in the firm’s earnings trajectory and operating discipline. In addition, the planned U.S. listing and move to reporting under U.S. GAAP from FY26 is seen as a structural positive that could broaden the investor base and improve liquidity over time, even if the shares may trade sideways near term given the lack of explicit FY27 guidance.
According to TipRanks, Leitner is a 4-star analyst with an average return of 11.1% and a 56.52% success rate. Leitner covers the Technology sector, focusing on stocks such as Wise PLC Class A, Adyen, and Nexi S.p.A..
In another report released on April 10, UBS also assigned a Buy rating to the stock with a p1,160.00 price target.