Wise Shares (LON:WISE) Plummets to New 52 Week Lows

Shares of Wise plc (LON:WISE) continue their downward trajectory, reaching a new 52 week low of 803p, a 2% decline on the day, signaling continued pressure on the fintech firm. The stock's struggles are further highlighted by a 9.5% decrease over the past month and a more substantial 22.58% drop over the past year, leaving investors seeking signs of stabilisation around the psychologically significant 800p level.

The recent price action reflects a complex interplay of factors influencing market sentiment towards Wise. Key among these is the impending shift of its primary listing to a U.S. stock exchange, a move approved by shareholders on July 28, 2025, and slated for completion in the second quarter of 2026.

While this strategic decision holds the promise of increased access to capital and enhanced visibility among a broader base of global investors, the transition period introduces uncertainties regarding regulatory compliance and operational adjustments, potentially contributing to short-term volatility.

Adding to the mixed signals, a recent share disposal by Wise's Chief Legal Officer, Jessica Winter, on December 2, 2025, saw the sale of 2,500 Class A ordinary shares. Although such transactions are commonplace, they can sometimes fuel speculation about insider confidence, especially when coinciding with a declining share price. It is important to note that insider sales may arise from personal financial planning considerations, rather than reflecting specific concerns about the company's future prospects.

Despite the prevailing bearish trend, analyst ratings offer a counterpoint. Berenberg Bank has reiterated a “buy” rating with a price target of 1,330p, while JPMorgan Chase & Co. has set an “overweight” rating with a target of 1,375p. These targets suggest a considerable potential upside from current levels, signaling that some analysts believe the stock is currently undervalued. Such positive assessments can provide a degree of reassurance to markets, suggesting the dip may be overdone.

Conversely, concerns regarding Wise's valuation remain. The company's price-to-earnings (P/E) ratio of 24.9x exceeds the average for UK companies, raising questions about whether the stock is overvalued. Moreover, projections indicating a potential decrease in earnings over the next three years could further dampen market sentiment, adding to selling pressure.

Analyst Summary: Bull and Bear Cases

The combination of strategic shifts, insider activity, analyst perspectives, and valuation concerns creates a complex picture for Wise. The move to a U.S. primary listing and positive analyst ratings may offer some support, but insider share disposals and questions surrounding valuation appear to be weighing on market sentiment. Markets will continue to monitor Wise's financial performance and strategic developments closely, assessing whether the company can reverse its recent fortunes and deliver on its growth potential. Today's price action underscores the delicate balance of factors influencing Wise's stock trajectory, with potential implications for future investor confidence.