Berenberg Bank Reiterates Wise plc

Berenberg Bank reiterated a Buy rating for Wise plc (OTCPK:WIZEY) on November 6, 2025, setting an average one-year price target of $17.09, which implies a 56.78% upside from its current $10.90 share price. This positive analyst sentiment contrasts with a projected 11.24% decline in annual revenue to 1,526MM, alongside a non-GAAP EPS of $0.25. Despite the revenue forecast, institutional ownership has seen a notable increase, with total shares owned by institutions rising 2,219.76% to 120K, indicating growing fund interest.

Analysis

Berenberg Bank reiterated a "Buy" recommendation for Wise plc (OTCPK:WIZEY) on November 6, 2025, assigning an average one-year price target of $17.09 per share. This target implies a substantial 56.78% upside from the latest closing price of $10.90, signaling strong analyst conviction. This positive outlook exists despite the company's projected annual revenue decrease of 11.24% to 1,526MM and a non-GAAP EPS of $0.25.

Institutional interest in WIZEY has notably increased, with total shares owned by institutions surging 2,219.76% to 120K over the last three months, and the number of reporting funds rising by 25% to five. However, individual fund actions are mixed; Madison Asset Management reduced its position by 2.32%, while GAMMA Investing and Salomon & Ludwin significantly increased their allocations from a low base, contributing to the overall institutional inflow.

The divergence between a strong analyst "Buy" rating and projected revenue decline, alongside significant institutional accumulation, suggests that investors may be valuing WIZEY based on future growth catalysts or perceived undervaluation. This indicates a forward-looking market perspective, potentially anticipating improved operational efficiency or market share gains that offset near-term revenue pressures. The overall sentiment remains optimistic.

Key Decisions for Investors

• Investors should weigh Berenberg's reiterated "Buy" rating and 56.78% implied upside against the projected 11.24% annual revenue decline, requiring careful due diligence on underlying growth drivers.
• Monitor Wise plc's upcoming financial reports for revenue stabilization and any commentary on market share or operational efficiencies that could justify the optimistic analyst and institutional sentiment.
• Evaluate the sustainability of the significant 2,219.76% increase in institutional ownership, considering the mixed individual fund actions, to assess long-term conviction.