Wise Group plc (NASDAQ:WSE – Get Free Report) has earned a consensus recommendation of “Moderate Buy” from the nine brokerages that are presently covering the firm, Marketbeat.com reports. Three analysts have rated the stock with a hold rating, four have given a buy rating and two have issued a strong buy rating on the company. The average 1 year target price among brokers that have covered the stock in the last year is $16.5225.
Several research firms recently commented on WSE. Zacks Research raised shares of Wise Group to a “hold” rating in a research note on Thursday, May 21st. Morgan Stanley assumed coverage on shares of Wise Group in a report on Monday, June 29th. They set an “equal weight” rating and a $16.10 target price for the company. William Blair started coverage on Wise Group in a report on Monday, May 11th. They issued an “outperform” rating on the stock. JPMorgan Chase & Co. reduced their price objective on shares of Wise Group from $17.50 to $17.30 and set an “overweight” rating for the company in a research note on Friday, July 17th. Finally, Barclays upgraded Wise Group to a “strong-buy” rating in a report on Tuesday, July 7th.
View Our Latest Stock Report on Wise Group
Wise Group Stock Up 4.0%
Wise Group (NASDAQ:WSE – Get Free Report) last issued its quarterly earnings results on Thursday, June 25th. The company reported $0.12 earnings per share for the quarter. The business had revenue of $576.48 million during the quarter. On average, equities analysts expect that Wise Group will post 0.57 EPS for the current fiscal year.
Hedge Funds Weigh In On Wise Group
Large investors have recently made changes to their positions in the business. TD Waterhouse Canada Inc. acquired a new stake in shares of Wise Group during the second quarter worth approximately $49,000. Two Sigma Securities LLC purchased a new position in Wise Group during the second quarter valued at approximately $125,000. Resolute Advisors LLC acquired a new position in Wise Group in the 2nd quarter valued at approximately $192,000. Susquehanna International Group LLP acquired a new position in Wise Group in the 2nd quarter valued at approximately $265,000. Finally, Jasper Ridge Partners L.P. acquired a new position in Wise Group in the 2nd quarter valued at approximately $705,000.
Key Stories Impacting Wise Group
Here are the key news stories impacting Wise Group this week:
- Positive Sentiment: Analysts set a price target of $16.52, implying potential upside from the recent trading level near $13.02 and signaling that at least some analysts see value in the shares. Analysts Set Wise Group plc Price Target at $16.52
- Neutral Sentiment: Multiple law firms are publicizing the same securities class action and seeking investors to serve as lead plaintiff. The deadline is September 29, 2026; these notices do not represent a final finding of wrongdoing by Wise Group.
- Negative Sentiment: The lawsuit alleges that Wise Group and certain executives made materially misleading statements or failed to disclose risks involving anti-money-laundering and anti-terrorist-financing controls, as well as regulatory compliance. Robbins LLP Wise Group Class Action Notice
- Negative Sentiment: A separate notice says the complaint centers on an alleged Brussels Public Prosecutor investigation into more than €500 million in suspicious transactions through a European Wise entity. If substantiated, such allegations could lead to financial penalties, higher compliance costs, reputational damage, and slower growth. SueWallSt Wise Group Class Action Notice
- Negative Sentiment: The unusually large number of investor-law-firm alerts on August 20–21 increases visibility around the allegations and may pressure sentiment, even though the announcements largely repeat the same claims and deadline.
Wise Group Company Profile
Wise Group PLC is a technology company. Its product offering includes Wise Account, Wise Business and Wise Platform. Wise Account is its solution for people with cross-border financial needs. Wise Business offers product along with business-specific functionalities designed to enable business customers. Wise Platform provide financial services for banks, financial institutions and enterprises. Wise Group PLC is based in LONDON, United Kingdom.
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