BLOK's January Winners Point to the Future of ComputingETF Trends is now VettaFi. Read More --Pure- play miners remain tightly tethered to the price of bitcoin. Still, a growing subset of mining companies is beginning to trade on a different narrative: high-performance computing and AI infrastructure. That shift is showing up clearly in [the Amplify Blockchain Technology ETF (BLOK)], where several top holdings are evolving from simple crypto plays into broader computing platforms.As of January 30, the follo ...

WisdomTree, Inc. (WT) appears an attractive pick given a noticeable improvement in the company's earnings outlook. The stock has been a strong performer lately, and the momentum might continue with analysts still raising their earnings estimates for the company.The upward trend in estimate revisions for this company reflects growing optimism of analysts on its earnings prospects, which should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in earning ...

WisdomTree, Inc. (WT) reported $147.43 million in revenue for the quarter ended December 2025, representing a year-over-year increase of 33.2%. EPS of $0.29 for the same period compares to $0.17 a year ago.The reported revenue represents a surprise of +2.89% over the Zacks Consensus Estimate of $143.3 million. With the consensus EPS estimate being $0.23, the EPS surprise was +24.73%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wa ...

Financial Data and Key Metrics Changes - Assets under management (AUM) reached a record $144.5 billion, up 5% from Q3 and over 30% year-over-year [5] - Adjusted revenues for Q4 were $147.4 million, a 17% increase from Q3 and approximately 33% year-over-year [8] - Adjusted net income for the quarter was $41.2 million, or $0.29 per share, reflecting strong performance [9] Business Line Data and Key Metrics Changes - European-listed products saw AUM increase from $30.7 billion to $53.3 billion, supported by over $6 billion of net inflows [6] - U.S. AUM increased to a record $88.5 billion, with $1.4 billion of net inflows driven by U.S. equity offerings [7] - Digital assets platform AUM reached approximately $770 million, reflecting strong inflows into the digital money market fund [7] Market Data and Key Metrics Changes - Global AUM today stands at $160.8 billion, up $16 billion or 11% from year-end, driven by favorable market conditions and almost $2 billion of net inflows [8] - European inflows were led by $4.3 billion into the UCITS franchise, with commodity products generating approximately $1 billion of inflows [6] Company Strategy and Development Direction - The company aims to continue delivering differentiated products and has launched over 30 new strategies across various asset classes [17] - Focus remains on expanding the digital assets platform and private markets, with the Ceres acquisition enhancing revenue streams [19] - The company is positioned to capture growth in metals and thematic investments, reflecting a multi-year growth story [16] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's ability to achieve financial and business goals despite macroeconomic volatility [3] - The company anticipates continued organic growth and margin expansion, with a focus on maintaining expense discipline [15] - Management highlighted the importance of diversification across asset classes and geographies for resilience and growth [22] Other Important Information - The company expects a compensation to revenue ratio of 26%-28% for 2026, reflecting planned hires and compensation adjustments [10] - Discretionary spending guidance is forecasted to range from $80 million-$86 million, driven by marketing and sales-related expenses [11] Q&A Session Summary Question: What are the biggest opportunities for WisdomTree in 2026 and 2027? - Management highlighted strong growth in thematic investments, particularly in Europe, and the potential for market share gains in commodities [25][26] Question: What are the major categories for discretionary spending? - Discretionary spending is largely driven by marketing and sales-related expenses to accelerate growth initiatives [32] Question: Can you discuss the digital asset strategy and user types? - The digital asset strategy focuses on serving clients already familiar with digital assets, with various use cases including treasury management and collateral instruments [52][63] Question: What lessons have been learned from the Ceres acquisition? - The integration of Ceres has gone smoothly, confirming the strategic fit and potential for synergies in distribution and product offerings [60][62]

Financial Data and Key Metrics Changes - Assets under management (AUM) reached a record $144.5 billion, up 5% from Q3 and over 30% year-over-year [5] - Adjusted revenues for Q4 were $147.4 million, a 17% increase from Q3 and approximately 33% year-over-year [8] - Adjusted net income for the quarter was $41.2 million, or $0.29 per share [9] Business Line Data and Key Metrics Changes - European-listed products saw AUM increase from $30.7 billion to $53.3 billion, supported by over $6 billion of net inflows [6] - U.S. AUM increased to a record $88.5 billion, with $1.4 billion of net inflows for the year [7] - Digital assets platform AUM reached approximately $770 million at year-end, reflecting strong inflows into the digital money market fund [7] Market Data and Key Metrics Changes - Global AUM today stands at $160.8 billion, up $16 billion or 11% from year-end, driven by favorable market conditions and almost $2 billion of net inflows [8] - European inflows were led by $4.3 billion into the UCITS franchise, particularly from the European Defence ETF launch [6] Company Strategy and Development Direction - The company aims to continue delivering differentiated products and has launched over 30 new strategies across various themes [17] - Focus remains on expanding the digital assets platform and private markets, with the Ceres acquisition enhancing revenue streams [19] - The company is positioned to capture growth in metals and thematic investments, reflecting a multi-year growth story [16] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's ability to achieve financial and business goals despite macroeconomic volatility [3] - The company anticipates continued organic growth and margin expansion, with a focus on maintaining expense discipline [15] - Management highlighted the importance of diversification across asset classes and geographies for resilience and growth [22] Other Important Information - The company expects a compensation to revenue ratio of 26%-28% for 2026, reflecting planned hires and compensation adjustments [10] - Discretionary spending guidance is forecasted to range from $80 million-$86 million, driven by marketing and sales-related expenses [11] Q&A Session Summary Question: What are the biggest opportunities for WisdomTree in 2026 and 2027? - Management highlighted strong growth in thematic investments, particularly in Europe, and the potential for market share gains in commodities [25][26] Question: What are the major categories for discretionary spending? - Discretionary spending is largely driven by marketing and sales-related expenses tied to growth initiatives [32] Question: Can you provide insights on the digital asset strategy and user types? - The digital asset strategy focuses on serving clients already familiar with on-chain operations, including stablecoin issuers and businesses using stablecoins for treasury management [52][63] Question: What lessons have been learned from the Ceres acquisition? - The integration of Ceres has gone smoothly, confirming the strategic fit and potential for synergies in distribution and product offerings [60][62] Question: How does macroeconomic volatility affect WisdomTree's business? - The company is well-positioned to benefit from macroeconomic volatility due to its diversified product offerings across asset classes [48][50]

Financial Data and Key Metrics Changes - Assets under management (AUM) reached a record $144.5 billion, up 5% from the third quarter and over 30% year-over-year [4] - Adjusted revenues for the quarter were $147.4 million, an increase of 17% from the third quarter and up approximately 33% year-over-year [7] - Adjusted net income for the quarter was $41.2 million, or $0.29 per share, with an adjusted operating margin expanding almost 300 basis points to finish the year at 36.5% [9] Business Line Data and Key Metrics Changes - European-listed products saw AUM increase from $30.7 billion to a record $53.3 billion, supported by over $6 billion of net inflows [5] - U.S. AUM increased to a record $88.5 billion, with $1.4 billion of net inflows for the year, driven primarily by U.S. equity offerings [6] - Digital assets platform AUM reached approximately $770 million at year-end, reflecting strong inflows into the digital money market fund [6] Market Data and Key Metrics Changes - Global AUM today stands at $160.8 billion, up $16 billion or 11% from year-end, driven by favorable market conditions and almost $2 billion of net inflows [7] - Thematic strategies, particularly in metals, saw AUM increase by 83% with more than $1 billion in net inflows [15] Company Strategy and Development Direction - The company aims to deliver differentiated products that perform and persist, focusing on thematic investments and private markets [16][19] - The acquisition of Ceres Partners is expected to add a long-duration, diversifying revenue stream, with AUM growing to about $1.9 billion since the acquisition [18] - The company is committed to maintaining tight expense discipline while investing in growth, demonstrating that margin expansion and investment can coexist [14] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's ability to achieve financial and business plans, highlighting the importance of organic growth and disciplined execution [14][20] - The company is well-positioned to capture market share in thematic investments, particularly in Europe, and is optimistic about the growth potential in digital assets and private markets [15][19] Other Important Information - The company forecasts a compensation to revenue ratio of 26%-28% for 2026, reflecting planned hires and compensation adjustments [10] - Discretionary spending guidance is forecasted to range from $80 million-$86 million, driven by increased marketing and sales expenses [11] Q&A Session Summary Question: What are the biggest opportunities for WisdomTree in 2026 and 2027? - Management highlighted the success of the European defense fund and the growth in thematic investments, particularly in rare earths and industrial metals, as key opportunities [24][25] Question: What are the major categories for the discretionary spending increase? - The increase is largely driven by marketing and sales-related expenses tied to growth initiatives [31] Question: Is WisdomTree's approach to growing its digital asset base focused on education or capturing existing clients? - The focus is on capturing clients who are already familiar with digital assets and tokenization [52] Question: Can you provide insights on the integration of Ceres and future growth opportunities? - The integration has gone smoothly, and management sees significant synergies and growth potential from the acquisition [61][62]

Core Viewpoint - WisdomTree, Inc. has experienced a significant increase in its stock's consensus price target, reflecting growing optimism among analysts regarding the company's future prospects [1][6] Price Target Evolution - The average price target for WisdomTree's stock was $15.58 last year, serving as a baseline for analysts' expectations [2] - Three months ago, the average price target increased to $16, indicating analysts' improved outlook on the company's performance or market conditions [3] - Most recently, the average price target rose further to $18, showcasing continued positive sentiment among analysts [4] Performance Metrics - WisdomTree's ETF has outperformed the S&P 500 by 32 percentage points over the past decade, contributing to the increased price target [3] - The ETF is designed with cost efficiency, featuring a minimal 0.08% expense ratio and a 16% annual turnover, enhancing its tax efficiency [4] Analyst Sentiment - Analysts suggest a potential 28.2% upside for WisdomTree's stock based on the latest price target [2][6] - Despite the positive trend, Morgan Stanley has set a more cautious price target of $6, indicating the need for investors to consider various factors before making investment decisions [5][6]

Q4 2025 Results January 30, 2026 WisdomTree – Q4/25 Results 1 Forward Looking Statements This presentation contains forward-looking statements that are based on our management's beliefs and assumptions and on information currently available to our management. Although we believe that the expectations reflected in these forward-looking statements are reasonable, these statements relate to future events or our future financial performance, and involve known and unknown risks, uncertainties and other factors t ...

WisdomTree, Inc. (WT) came out with quarterly earnings of $0.29 per share, beating the Zacks Consensus Estimate of $0.23 per share. This compares to earnings of $0.17 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +24.73%. A quarter ago, it was expected that this company would post earnings of $0.21 per share when it actually produced earnings of $0.23, delivering a surprise of +9.52%.Over the last four quarters, the company ...

Assets Under Management (AUM) - WisdomTree reported a record AUM of $144.5 billion, reflecting a 5.3% increase from the prior quarter due to market appreciation and the Ceres Acquisition[3] - WisdomTree has approximately $159.0 billion in assets under management globally, including assets from the recent acquisition of Ceres Partners, LLC[26] - The end of period assets increased to $144.5 billion as of September 30, 2025, up from $137.2 billion at the end of the previous quarter[32] - The average assets during the period were $140.7 billion, compared to $130.8 billion in the prior quarter, reflecting a growth of approximately 6.5%[32] - Total assets increased to $1,512,941,000 as of December 31, 2025, up from $1,033,540,000 a year earlier, representing a growth of approximately 46.3%[38] Financial Performance - Operating revenues reached $147.4 million, marking a 17.4% increase from the prior quarter, driven by the Ceres Acquisition and higher average AUM[5] - Operating revenues increased by 17.4% from the third quarter of 2025 and 33.2% from the fourth quarter of 2024, driven by the Ceres Acquisition and higher average AUM[21] - Net income for the fourth quarter of 2025 was $40.0 million, compared to $19.7 million in the previous quarter[21] - Total revenues for the year ended December 31, 2025, were $493.8 million, compared to $427.7 million for the previous year[21] - The company reported adjusted revenues and operating income as non-GAAP financial measurements to provide a clearer view of operational performance[42][43] Earnings and Margins - Diluted earnings per share were $0.28, with an adjusted EPS of $0.29, compared to $0.13 in the previous quarter[10] - The operating income margin improved to 40.5%, a 4.2 point increase from the prior quarter, attributed to higher revenues from the Ceres Acquisition[6] - WisdomTree's gross margin increased to 83.2%, a 1 point rise from the previous quarter, primarily due to increased revenues from the Ceres Acquisition[6] - Adjusted net income for Q4 2025 was $41,235 million, up from $34,476 million in Q3 2025, representing a 19.5% increase[51] - Adjusted operating income for Q4 2025 was $61,498 million, reflecting a 28.1% increase from $48,063 million in Q3 2025[51] Expenses and Liabilities - Operating expenses rose by 9.7% from the third quarter of 2025, primarily due to compensation expenses related to the Ceres Acquisition[21] - Total current liabilities increased to $282,056,000 from $109,197,000, reflecting a rise of 158.5%[38] - Total operating expenses for Q4 2025 were $87,687 million, compared to $79,962 million in Q3 2025, indicating an increase of 9.1%[52] Product Development and Market Expansion - The company launched several new products, including the WisdomTree Quantum Computing Fund and the WisdomTree Global Value UCITS ETF, enhancing its product offerings[14] - The number of products offered increased to 406 by the end of the period, up from 397 in the previous quarter[32] - The company is expanding its digital assets product offerings and services, which may increase operational, regulatory, and financial risks[55] Cash Flow and Investments - Net cash provided by operating activities increased to $147,946 in 2025 from $113,461 in 2024, reflecting a rise of 30.3%[40] - The company incurred $270,346 in cash for the acquisition of Ceres, net of cash acquired, indicating a significant investment in growth[40] - The company reported a net cash used in investing activities of $313,033, a substantial increase from $23,875 in 2024[40] Market Trends and Risks - The acquisition of Ceres Partners, LLC presents risks related to integration challenges and the realization of expected benefits, including projected business growth[54] - Anticipated trends in global markets and ETPs may influence inflows and outflows, impacting the company's ability to deliver favorable returns to investors[55] - The company faces competitive pressures that could reduce revenues and profit margins, particularly as a substantial portion of revenues comes from a limited number of products[55] - Future growth is uncertain and may be influenced by general economic conditions, including fluctuations in interest rates and commodity prices[55] Shareholder Returns - The company declared a quarterly dividend of $0.03, payable on February 25, 2026[6] - Common stock repurchased amounted to $102,732, compared to $62,870 in the previous year, indicating a 63.4% increase in share buybacks[40]