Shares of Wise Group plc (NASDAQ:WSE – Get Free Report) have been given a consensus recommendation of “Moderate Buy” by the ten brokerages that are presently covering the firm, Marketbeat.com reports. Three investment analysts have rated the stock with a hold recommendation, five have issued a buy recommendation and two have assigned a strong buy recommendation to the company. The average 12 month price objective among analysts that have updated their coverage on the stock in the last year is $16.5225.
A number of research analysts recently issued reports on the company. Weiss Ratings raised Wise Group from a “hold (c)” rating to a “hold (c+)” rating in a report on Thursday, September 3rd. Canaccord Genuity Group started coverage on shares of Wise Group in a report on Wednesday, September 2nd. They set a “buy” rating on the stock. Morgan Stanley started coverage on shares of Wise Group in a research report on Monday, June 29th. They issued an “equal weight” rating and a $16.10 price objective for the company. BNP Paribas Exane began coverage on shares of Wise Group in a research note on Monday, June 1st. They issued an “outperform” rating and a $16.69 target price for the company. Finally, JPMorgan Chase & Co. reduced their target price on shares of Wise Group from $17.50 to $17.30 and set an “overweight” rating on the stock in a research report on Friday, July 17th.
Read Our Latest Stock Analysis on WSE
Wise Group Stock Down 2.9%
Wise Group (NASDAQ:WSE – Get Free Report) last posted its quarterly earnings data on Thursday, June 25th. The company reported $0.12 EPS for the quarter. The business had revenue of $576.48 million during the quarter. Equities analysts anticipate that Wise Group will post 0.57 EPS for the current year.
Institutional Inflows and Outflows
Several large investors have recently bought and sold shares of WSE. TD Waterhouse Canada Inc. acquired a new stake in shares of Wise Group in the 2nd quarter valued at $49,000. Two Sigma Securities LLC acquired a new position in shares of Wise Group during the second quarter valued at $125,000. Resolute Advisors LLC acquired a new position in shares of Wise Group during the second quarter valued at $192,000. Corient Private Wealth LP bought a new position in Wise Group in the second quarter valued at about $251,000. Finally, Susquehanna International Group LLP bought a new position in Wise Group in the second quarter valued at about $265,000.
Key Headlines Impacting Wise Group
Here are the key news stories impacting Wise Group this week:
- Positive Sentiment: Wise continued repurchasing shares under its previously announced £405 million buyback program. Treasury purchases can support demand, reduce shares outstanding and potentially improve earnings per share, though they also use company cash. Wise Group Ramps Up £405m Share Buyback with New Treasury Purchases
- Neutral Sentiment: Multiple law firms reiterated that September 29, 2026 is the deadline for investors to seek lead-plaintiff status in the pending class action. The notices primarily seek investor participation and do not represent a court finding of wrongdoing. Kaplan Fox Encourages Investors to Act
- Negative Sentiment: The securities lawsuit covers investors who acquired Wise securities between May 11 and July 23, 2026. The allegations claim Wise understated regulatory risks connected to anti-money-laundering deficiencies and that company disclosures may have misled investors. Two executives who signed SEC filings are named as individual defendants. SueWallSt Reminds Shareholders of Deadline
- Negative Sentiment: Several firms, including Pomerantz, Kaplan Fox, Glancy Prongay Wolke & Rotter, Bernstein Liebhard, Faruqi & Faruqi, Bronstein Gewirtz & Grossman, SBS and Rosen, issued near-duplicate investor alerts. The unusually high volume of litigation publicity raises concerns about potential legal costs, reputational damage, regulatory scrutiny and future liabilities, likely outweighing the buyback-related support in the near term. Pomerantz Investor Alert
About Wise Group
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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