Oklo stock tumbles as Financial Times scrutinizes valuation
Investing.com - Rothschild Redburn upgraded Wise plc (LON:WISE) from Neutral to Buy on Monday, setting a price target of GBP13.90, which represents approximately 48% upside potential.
The upgrade comes as Rothschild Redburn reassessed the impact of stablecoins on Wise’s business model, concluding that while stablecoins pose a disruption threat to cross-border transfers, the growth opportunity for Wise’s Platform business significantly outweighs this risk.
The research firm projects Wise will deliver 23% underlying income growth and 15% underlying EPS growth between FY25 and FY28, exceeding current consensus estimates of 18% and 12% respectively.
Rothschild Redburn’s analysis focused on existing deals, competitive landscape assessment, and what it describes as an "infrastructure moat" for Wise Platform that positions the company favorably against competitors.
The firm also noted that Wise’s growth-adjusted reported P/E ratio is among the lowest for consumer-facing fintech brands, suggesting the stock is undervalued relative to its growth prospects.
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