WEX (NYSE:WEX) Releases FY 2026 Earnings Guidance

WEX (NYSE:WEX) updated its FY 2026 earnings guidance on Friday. The company provided earnings per share (EPS) guidance of 19.680-20.080 for the period, compared to the consensus earnings per share estimate of 19.590. The company issued revenue guidance of $3.0 billion, compared to the consensus revenue estimate of $2.9 billion. WEX also updated its Q4 2026 guidance to 5.670-5.870 EPS.

WEX Trading Down 3.1%

NYSE WEX opened at $183.38 on Friday. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 2.62. The stock’s 50 day moving average is $186.36 and its 200 day moving average is $164.42. WEX has a twelve month low of $125.29 and a twelve month high of $203.99. The firm has a market capitalization of $6.25 billion, a PE ratio of 15.78, a P/E/G ratio of 0.97 and a beta of 0.84.

WEX (NYSE:WEX) 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 analysts’ consensus estimates of $5.68 by $0.45. WEX had a net margin of 14.05% and a return on equity of 44.56%. The company had revenue of $780.10 million for the quarter, compared to analysts’ expectations of $749.74 million. During the same quarter in the previous year, the business posted $4.59 EPS. WEX’s revenue was up 12.8% compared to the same quarter last year. Research analysts forecast that WEX will post 17.32 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of research firms have recently commented on WEX. Keefe, Bruyette & Woods upped their target price on WEX from $200.00 to $210.00 and gave the company an “outperform” rating in a research note on Friday, July 24th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of WEX in a research note on Thursday, September 24th. Piper Sandler initiated coverage on shares of WEX in a research report on Thursday, September 10th. They set a “neutral” rating and a $209.00 price target on the stock. Cantor Fitzgerald set a $178.00 price objective on shares of WEX in a report on Monday, July 27th. Finally, Mizuho boosted their target price on WEX from $170.00 to $200.00 and gave the stock an “outperform” rating in a research note on Friday, July 24th. Five analysts have rated the stock with a Buy rating and eight have given a Hold rating to the stock. According to data from MarketBeat, WEX currently has a consensus rating of “Hold” and a consensus price target of $187.00.

Insider Activity

In other WEX news, COO Robert Deshaies sold 2,000 shares of the business’s stock in a transaction on Monday, October 5th. The stock was sold at an average price of $173.56, for a total value of $347,120.00. Following the completion of the transaction, the chief operating officer directly owned 17,288 shares in the company, valued at approximately $3,000,505.28. The trade was a 10.37% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Melissa Smith sold 28,109 shares of the business’s stock in a transaction dated Tuesday, September 1st. The stock was sold at an average price of $190.09, for a total value of $5,343,239.81. Following the sale, the chief executive officer owned 126,625 shares of the company’s stock, valued at $24,070,146.25. The trade was a 18.17% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 34,527 shares of company stock worth $6,558,910 in the last three months. 1.40% of the stock is owned by insiders.

Key WEX News

Here are the key news stories impacting WEX this week:

• Positive Sentiment: Raised 2026 outlook: WEX forecast full-year adjusted EPS of $19.68-$20.08, above the $19.59 consensus estimate, and revenue of approximately $3.0 billion versus expectations of $2.9 billion. Fourth-quarter EPS guidance of $5.67-$5.87 and revenue guidance of $760-$780 million also exceeded consensus estimates of $4.87 and $719 million, respectively.
• Positive Sentiment: Q3 results beat expectations: Revenue increased 12.8% year over year to $780.1 million, ahead of the $749.7 million estimate, while adjusted EPS of $6.13 topped consensus by $0.45 and rose from $4.59 a year earlier. Total payment volume climbed 18.5% to $78.5 billion. WEX Inc. Reports Third Quarter 2026 Financial Results
• Positive Sentiment: Capital returns and growth initiatives: WEX repurchased approximately $200 million of shares during the quarter and another $75 million through October 26. Management also highlighted pricing, new-business wins, margin expansion, and continued deployment of artificial intelligence across its products. WEX Earns Record Quarterly Revenue While Deploying AI Across Products
• Neutral Sentiment: Analyst support: Morgan Stanley reportedly increased its price target, suggesting some confidence in WEX’s earnings trajectory, although the broader market reaction remains cautious. WEX Stock Gets Price Target Increase from Morgan Stanley
• Negative Sentiment: Concerns about earnings quality and sentiment: Mobility revenue led growth, rising 20.6%, with fuel prices contributing to the Q3 beat. Investors may question how sustainable that benefit is if fuel prices or transaction volumes weaken. Reports also noted substantially more insider selling than buying over the past six months, which could weigh on sentiment.

About WEX

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.