©Reuters.
WisdomTree Investments (NYSE:) received a “buy” rating from Craig Hulme and a $12.00 price target on Wednesday. This new coverage builds on the company's positive outlook for WisdomTree's growth prospects and innovative approach to investment products.
The target price implies a valuation of 15.7 times the enterprise value compared to the estimated earnings before interest and tax (EV/EBIT) multiple for fiscal year 2025. The company expects WisdomTree's revenue to reach $134 million, with an additional $20 million being considered for technology investments. . Analysts note that this multiple represents a slight premium compared to industry leader BlackRock (NYSE:NYSE:), which is seen as having a less attractive growth profile. .
WisdomTree is rated as having the fastest organic growth in the investment space, but analysts believe it is undervalued by the market. The company's business model is still in its early stages of development, and its proactive stance on the future of its investment products is expected to result in significant growth in assets under management (AUM) over the long term.
The investment management firm's approach involves focusing on areas where it can establish a strong foothold and differentiate itself from its competitors. WisdomTree's efforts to innovate and adapt to investors' evolving demands are highlighted as a key driver of its expected growth.
This article was generated with the help of AI and reviewed by an editor. Please see our Terms of Use for more information.
