WEX (NYSE:WEX – Get Free Report) issued an update on its fourth quarter 2026 earnings guidance on Friday. The company provided earnings per share (EPS) guidance of 5.670-5.870 for the period, compared to the consensus estimate of 4.870. The company issued revenue guidance of $760.0 million-$780.0 million, compared to the consensus revenue estimate of $719.0 million. WEX also updated its FY 2026 guidance to 19.680-20.080 EPS.
Wall Street Analyst Weigh In
WEX has been the subject of several research analyst reports. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of WEX in a research report on Thursday, September 24th. Evercore upgraded shares of WEX to an “outperform” rating in a report on Tuesday, July 21st. Weiss Ratings raised shares of WEX from a “hold (c-)” rating to a “hold (c)” rating in a research report on Friday, August 7th. Keefe, Bruyette & Woods increased their price objective on WEX from $200.00 to $210.00 and gave the stock an “outperform” rating in a research report on Friday, July 24th. Finally, Morgan Stanley lifted their price objective on WEX from $172.00 to $178.00 and gave the company an “equal weight” rating in a report on Tuesday. Five equities research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Hold” and an average target price of $187.00.
Check Out Our Latest Stock Report on WEX
WEX Stock Up 1.2%
Shares of NYSE WEX traded up $2.17 during trading on Friday, hitting $185.64. 55,842 shares of the company traded hands, compared to its average volume of 571,205. The firm has a market capitalization of $6.33 billion, a price-to-earnings ratio of 15.93, a P/E/G ratio of 0.97 and a beta of 0.84. The business’s fifty day moving average is $186.36 and its 200 day moving average is $164.42. The company has a debt-to-equity ratio of 2.62, a quick ratio of 1.04 and a current ratio of 1.04. WEX has a fifty-two week low of $125.29 and a fifty-two week high of $203.99.
WEX (NYSE:WEX – Get Free Report) last announced its quarterly earnings results on Wednesday, October 28th. The business services provider reported $6.13 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.68 by $0.45. WEX had a return on equity of 44.56% and a net margin of 14.05%. The business had revenue of $780.10 million during the quarter, compared to the consensus estimate of $749.74 million. During the same quarter in the prior year, the company posted $4.59 earnings per share. WEX’s revenue was up 12.8% compared to the same quarter last year. Equities research analysts predict that WEX will post 17.32 earnings per share for the current fiscal year.
Insider Buying and Selling at WEX
In other WEX news, COO Robert Deshaies sold 2,000 shares of the firm’s stock in a transaction dated Monday, October 5th. The shares were sold at an average price of $173.56, for a total value of $347,120.00. Following the completion of the sale, the chief operating officer directly owned 17,288 shares in the company, valued at $3,000,505.28. This trade represents a 10.37% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Melissa D. Smith sold 28,109 shares of the company’s stock in a transaction dated Tuesday, September 1st. The stock was sold at an average price of $190.09, for a total transaction of $5,343,239.81. Following the completion of the sale, the chief executive officer directly owned 126,625 shares in the company, valued at $24,070,146.25. This represents a 18.17% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders sold 34,527 shares of company stock valued at $6,558,910. 1.40% of the stock is owned by insiders.
WEX News Roundup
Here are the key news stories impacting WEX this week:
- Positive Sentiment: Raised full-year guidance: WEX now expects fiscal 2026 EPS of $19.68–$20.08, above the $19.59 consensus estimate, and approximately $3.0 billion in revenue versus the $2.9 billion analyst forecast. WEX Inc. Raises Revenue Guidance for Full Year 2026
- Positive Sentiment: Strong fourth-quarter outlook: WEX projected fourth-quarter EPS of $5.67–$5.87, well above the $4.87 consensus, and revenue of $760 million–$780 million compared with expectations of $719 million.
- Positive Sentiment: Third-quarter beat: EPS of $6.13 exceeded the $5.68 consensus, while revenue rose 12.8% year over year to $780.1 million, beating estimates of approximately $749.7 million. Total payment volume increased 18.5% to $78.5 billion, led by 20.6% growth in Mobility revenue. WEX Inc. Reports Third Quarter 2026 Financial Results
- Positive Sentiment: Shareholder returns and growth initiatives: WEX repurchased roughly $200 million of stock during the quarter and another $75 million through October 26. Management also highlighted pricing progress, new business wins and the deployment of artificial intelligence across its products. WEX Earns Record Quarterly Revenue While Deploying AI Across Products
- Neutral Sentiment: Morgan Stanley increased its price target, reinforcing analyst confidence, while WEX’s partnership with Euclid AI could expand its trucking-fleet customer offering; the longer-term financial impact remains uncertain.
- Negative Sentiment: Management noted that fuel prices contributed to the quarterly beat, which may make some Mobility gains sensitive to future fuel-price trends. Reported insider activity has also been weighted toward sales, although this is not necessarily tied to operating performance.
WEX Company Profile
WEX Inc (NYSE:WEX) is a financial technology company that provides payment-processing and business-management solutions. Its products are designed to help organizations manage corporate spending, employee benefits and mobility-related expenses through specialized payment accounts, software and data tools.
WEX’s mobility business serves commercial vehicle fleets with fuel cards, fleet-payment programs, expense controls, telematics integrations and related solutions. The company also supports emerging mobility needs, including electric-vehicle charging payments.
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