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WT

WisdomTree, Inc.

https://www.wisdomtree.com

Industry

Asset Management

WisdomTree, Inc., through its subsidiaries, operates as an exchange-traded funds (ETFs) sponsor and asset manager. It offers ETFs in equities, currency, fixed income, and alternatives asset classes. The company also licenses its indexes to third parties for proprietary products, as well as offers a platform to promote the use of WisdomTree ETFs in 401(k) plans. It develops index using its fundamentally weighted index methodology. In addition, the company provides investment advisory services. The company was founded in 1985 and is based in New York, New York.

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In the last three months, 5 analysts have shared their evaluations of WisdomTree (NYSE:WT), with ratings ranging from bullish to indifferent. The average 12-month price target has increased by 13.16% to $12.9. Analysts have raised their price targets, reflecting positive sentiment towards the company's recent performance.

Portfolio Pulse from Benzinga Insights

July 29, 2024 | 7:00 pm

Craig-Hallum analyst George Sutton maintains a Buy rating on WisdomTree (NYSE:WT) and raises the price target from $12 to $15.

Portfolio Pulse from Benzinga Newsdesk

July 29, 2024 | 5:42 pm

Northland Capital Markets has maintained an Outperform rating on WisdomTree (NYSE:WT) and raised the price target from $12 to $13.5.

Portfolio Pulse from Benzinga Newsdesk

July 29, 2024 | 5:35 pm

Keefe, Bruyette & Woods analyst Aidan Hall has reiterated a Market Perform rating on WisdomTree (NYSE:WT) and raised the price target from $11 to $12.

Portfolio Pulse from Benzinga Newsdesk

July 29, 2024 | 4:08 pm

Oppenheimer analyst Chris Kotowski maintains an Outperform rating on WisdomTree (NYSE:WT) and raises the price target from $12 to $13.

Portfolio Pulse from Benzinga Newsdesk

July 29, 2024 | 1:53 pm

WisdomTree (NYSE:WT) reported Q2 2024 adjusted EPS of $0.16, beating the $0.14 estimate and showing a 77.78% increase from last year. Sales were $107.034M, surpassing the $102.310M estimate and marking a 24.86% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2024 | 11:03 am

WisdomTree, Inc. outlines its performance, recent milestones, and growth strategy in a letter to stockholders ahead of the 2024 Annual Meeting. The company highlights a 40% stock price increase over the past year, surpassing its 5-year high, and a market capitalization increase of approximately $200 million since the 2023 annual meeting. WisdomTree reports record AUM of $107.2 billion as of March 31, 2024, and significant revenue growth. The letter also addresses the company's expansion into digital assets and blockchain-enabled finance, including the launch of WisdomTree Prime and a Visa Debit Card. It refutes claims made by dissident stockholder Graham Tuckwell, emphasizing the board's support for the current strategic plan and vision. WisdomTree urges stockholders to vote "FOR" all directors to continue its growth trajectory.

Portfolio Pulse from Benzinga Newsdesk

April 29, 2024 | 8:41 pm

Oppenheimer analyst Chris Kotowski has maintained an Outperform rating on WisdomTree (NYSE:WT) with a price target of $11.

Portfolio Pulse from Benzinga Newsdesk

April 29, 2024 | 5:16 pm

WisdomTree (NYSE:WT) reported Q1 2024 adjusted EPS of $0.12, surpassing the $0.11 estimate, with sales of $96.838M exceeding the $94.252M forecast. This represents a 71.43% increase in earnings and an 18.03% increase in sales from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

April 26, 2024 | 11:05 am

WisdomTree (NYSE:WT) has received diverse analyst ratings in the last three months, with a shift towards more bullish sentiments. The average 12-month price target for WT has increased by 14.49% to $11.38. Analyst actions include both upgrades and downgrades, reflecting changing market dynamics and company performance. WisdomTree's financials show solid revenue growth but below-average profitability and ROE, with a prudent debt management strategy.

Portfolio Pulse from Benzinga Insights

April 22, 2024 | 2:00 pm

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