WEX (NYSE:WEX) Updates FY 2026 Earnings Guidance

WEX (NYSE:WEX) updated its FY 2026 earnings guidance on Wednesday. The company provided EPS guidance of 17.250-17.850 for the period, compared to the consensus EPS estimate of 16.580. The company issued revenue guidance of $2.7 billion-$2.8 billion, compared to the consensus revenue estimate of $2.8 billion. WEX also updated its Q1 2026 guidance to 3.80-4.000 EPS.

Analysts Set New Price Targets

WEX has been the subject of several research reports. Wall Street Zen raised WEX from a “hold” rating to a “buy” rating in a report on Saturday, November 8th. JPMorgan Chase & Co. reduced their price target on shares of WEX from $195.00 to $175.00 and set a “neutral” rating for the company in a research report on Friday, October 31st. Bank of America raised shares of WEX from a “neutral” rating to a “buy” rating and set a $178.00 price objective on the stock in a research report on Wednesday, October 22nd. Cantor Fitzgerald upgraded shares of WEX to a “hold” rating in a research note on Tuesday, January 27th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of WEX in a research note on Wednesday, January 21st. Four equities research analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $168.08.

WEX Price Performance

WEX stock traded up $4.62 during midday trading on Wednesday, hitting $148.90. 1,431,758 shares of the stock were exchanged, compared to its average volume of 347,324. WEX has a fifty-two week low of $110.45 and a fifty-two week high of $187.44. The company has a debt-to-equity ratio of 3.33, a quick ratio of 1.05 and a current ratio of 1.05. The stock’s 50-day moving average price is $153.46 and its 200-day moving average price is $158.23. The stock has a market cap of $5.11 billion, a price-to-earnings ratio of 19.36, a PEG ratio of 1.07 and a beta of 0.98.

WEX (NYSE:WEX) last issued its quarterly earnings results on Wednesday, February 4th. The business services provider reported $4.11 earnings per share for the quarter, beating the consensus estimate of $3.90 by $0.21. WEX had a return on equity of 45.10% and a net margin of 10.81%.The company had revenue of $672.90 million during the quarter, compared to the consensus estimate of $660.89 million. During the same period in the previous year, the firm posted $3.57 EPS. WEX’s revenue was up 5.7% on a year-over-year basis. WEX has set its FY 2026 guidance at 17.250-17.850 EPS and its Q1 2026 guidance at 3.80-4.000 EPS. Research analysts predict that WEX will post 14.09 earnings per share for the current year.

Insiders Place Their Bets

In related news, COO Robert Joseph Deshaies sold 1,506 shares of the company’s stock in a transaction that occurred on Wednesday, November 26th. The shares were sold at an average price of $149.62, for a total transaction of $225,327.72. Following the completion of the transaction, the chief operating officer owned 15,699 shares of the company’s stock, valued at approximately $2,348,884.38. This represents a 8.75% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Stephen Montgomery Smith purchased 1,000 shares of the business’s stock in a transaction on Thursday, November 13th. The shares were bought at an average cost of $144.25 per share, for a total transaction of $144,250.00. Following the purchase, the director owned 7,971 shares of the company’s stock, valued at $1,149,816.75. This trade represents a 14.35% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. 1.40% of the stock is owned by corporate insiders.

WEX News Roundup

Here are the key news stories impacting WEX this week:

• Positive Sentiment: WEX reported stronger-than-expected top-line results and an adjusted EPS beat for Q4: revenue was $672.9M (beat consensus) and the company reported an adjusted EPS figure that topped analyst estimates, with management calling out record revenue. BusinessWire: Q4 & FY 2025 Results
• Positive Sentiment: Management raised guidance: Q1 FY26 EPS guide of $3.80–$4.00 (roughly in line-to-above consensus) and FY26 EPS guide of $17.25–$17.85 (above the Street). Revenue guidance for both Q1 and FY is in a range that brackets consensus, showing management confidence in growth. (Guidance disclosed in the earnings release/press materials.) Slide Deck / Press Materials
• Positive Sentiment: Product/partnership momentum supports growth in fleet solutions — new fuel card capability that handles both EV charging and traditional fuels (and referenced Nuvei partnership commentary) reinforces WEX’s addressable market expansion for fleet customers. FleetOwner: EV + Fuel Card
• Neutral Sentiment: Morgan Stanley initiated coverage (coverage note published) — initiation can boost visibility and liquidity but impact depends on the thesis and rating details in the note. AmericanBankingNews: Morgan Stanley Initiates Coverage
• Negative Sentiment: Caution on cash flow and GAAP vs. adjusted metrics: one report highlights a sharp drop in operating cash flow (≈-53.8% YoY) and rising total liabilities, and another data set shows materially different EPS figures depending on GAAP vs. adjusted measures — investors should confirm which EPS is being used when modeling. These items raise short-term liquidity and margin scrutiny despite revenue growth. QuiverQuant: Cash Flow & GAAP/Adjusted Notes

Institutional Investors Weigh In On WEX

A number of institutional investors have recently added to or reduced their stakes in the company. Empowered Funds LLC acquired a new stake in WEX during the 1st quarter worth approximately $394,000. Gabelli Funds LLC acquired a new position in shares of WEX in the 2nd quarter valued at approximately $397,000. Comerica Bank raised its holdings in WEX by 2.7% in the third quarter. Comerica Bank now owns 21,288 shares of the business services provider’s stock valued at $3,353,000 after acquiring an additional 560 shares in the last quarter. Worldquant Millennium Advisors LLC bought a new stake in shares of WEX in the 2nd quarter worth about $402,000. Finally, CIBC Bancorp USA Inc. acquired a new stake in WEX during the third quarter valued at approximately $466,000. Hedge funds and other institutional investors own 97.47% of the company’s stock.

WEX Company Profile

WEX Inc is a global financial technology company specializing in business payment solutions for fleet, travel, and corporate payments. The company delivers software-driven platforms and card-based services that help businesses automate payment processes, manage expenses and improve operational efficiency across a range of industries, including transportation, healthcare and government.

Founded in 1983 as Wright Express in Portland, Maine, the company began by offering fuel card services to trucking fleets.