WSE Wise Group Plc. - Ordinary Shares - Class A

$WSE UBS said Wise could benefit from operating leverage as pricing adjustments have a diminishing impact, while stablecoins remain a risk to monitor. UBS maintained a buy rating with a $17.25 price target.

$WSE Didn't even realize that they had earnings the other day and that was the reason for the drop. Sold out just before for a small profit thinking it hadn't been hit as hard as others in the recent market. With this drop and seemingly good earnings, added a small position back in.

$WSE added 573,000 new active customers in Q2, marking their 2nd largest sequential net additions ever.

$WSE Wise grew into a price cut in Q2. Cross-border volume up 22% year over year to 71.7 billion dollars, net revenue up 21% to 739.1 million dollars, and the take rate still fell 3 bps to 0.49%. Business volume grew faster, up 32% to 22.3 billion dollars, active customers hit 12.5 million, and 78% of transfers were instant. FY27 revenue growth guidance moved up to the upper half of the 15 to 20% range, 17.5 to 20%.

$WSE Money-transfer app Wise sees FY27 net revenue up 17.5%-20% at constant currency, in its 15-20% medium-term target. Market value is about $12.35B at $12.11 (16:00 ET, Oct 15, 2026). The other side: the guide counts recent central-bank rate hikes, Q2 interest income on customer balances was $238.2M, and the take rate fell 3bps to 0.49% on price cuts. It sees an H1 FY27 pre-tax (IBT) margin of c.23%, including one-off expenses of c.2ppts (c.$15M of them for the dual listing), and still expects the FY27 IBT margin around the top of its 20-25% range.

$WSE repurchased 2.6 million shares last week, reducing the share count by 1.7% since July.