WEX (NYSE:WEX) Releases FY 2026 Earnings Guidance

WEX (NYSE:WEX) issued an update on its FY 2026 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 18.950-19.550 for the period, compared to the consensus estimate of 17.760. The company issued revenue guidance of $2.8 billion-$2.9 billion, compared to the consensus revenue estimate of $2.8 billion.

WEX Price Performance

Shares of WEX traded up $7.73 on Wednesday, reaching $185.26. The stock had a trading volume of 1,106,764 shares, compared to its average volume of 470,348. The firm has a market capitalization of $6.42 billion, a PE ratio of 21.80, a PEG ratio of 1.32 and a beta of 0.93. The company has a quick ratio of 1.05, a current ratio of 1.05 and a debt-to-equity ratio of 2.86. The firm has a 50-day moving average of $158.62 and a 200 day moving average of $154.39. WEX has a twelve month low of $120.03 and a twelve month high of $186.86.

WEX (NYSE:WEX) last released its quarterly earnings results on Wednesday, April 22nd. The business services provider reported $4.15 earnings per share for the quarter, topping analysts’ consensus estimates of $3.92 by $0.23. The business had revenue of $673.80 million for the quarter, compared to analysts’ expectations of $660.96 million. WEX had a return on equity of 48.01% and a net margin of 11.43%.WEX has set its FY 2026 guidance at 18.950-19.550 EPS. Sell-side analysts expect that WEX will post 15.55 EPS for the current year.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on WEX shares. JPMorgan Chase & Co. reduced their target price on WEX from $175.00 to $155.00 and set a “neutral” rating on the stock in a research note on Friday, February 6th. UBS Group set a $165.00 target price on WEX and gave the company a “neutral” rating in a research note on Friday, February 6th. Raymond James Financial reaffirmed a “market perform” rating on shares of WEX in a research note on Friday, March 6th. Morgan Stanley upped their target price on WEX from $146.00 to $158.00 and gave the company an “equal weight” rating in a research note on Tuesday. Finally, Mizuho reduced their target price on WEX from $180.00 to $170.00 and set an “outperform” rating on the stock in a research note on Friday, February 6th. Three analysts have rated the stock with a Buy rating and thirteen have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, WEX has a consensus rating of “Hold” and an average target price of $163.36.

Insider Activity at WEX

In other WEX news, insider Sara Trickett sold 1,815 shares of the stock in a transaction on Wednesday, February 25th. The stock was sold at an average price of $149.95, for a total transaction of $272,159.25. Following the transaction, the insider owned 2,137 shares of the company’s stock, valued at $320,443.15. This represents a 45.93% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, COO Joel Alan Dearborn, Jr. sold 3,500 shares of the stock in a transaction on Thursday, April 16th. The stock was sold at an average price of $175.00, for a total value of $612,500.00. Following the transaction, the chief operating officer directly owned 22,872 shares in the company, valued at approximately $4,002,600. This represents a 13.27% 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. Over the last quarter, insiders have sold 15,479 shares of company stock worth $2,454,914. Company insiders own 1.40% of the company’s stock.

WEX News Summary

Here are the key news stories impacting WEX this week:

• Positive Sentiment: Glass Lewis recommends shareholders support Impactive Capital’s nominees, increasing the chance of board change and governance-driven catalysts that investors often view as value-enhancing. Leading Independent Proxy Advisory Firm Glass Lewis Supports Impactive’s Case for Change at WEX
• Positive Sentiment: WEX launched a solution to improve visibility for EV at‑home charging — a strategic product push into growing EV payments/telemetry that could expand payment volumes and stickier customer relationships. WEX Launches Solution to Close EV At-Home Charging Visibility Gap
• Positive Sentiment: Zacks highlights WEX as a long‑term value pick based on style scores and earnings outlook, which can attract buy‑and‑hold investors amid the current activist/governance news. Why Wex (WEX) is a Top Value Stock for the Long-Term
• Neutral Sentiment: Investors and analysts are parsing the company’s recent earnings transcript and Q1 preview ahead of results — these materials set expectations and guidance are already baked into near‑term trading. Wex (WEX) Q4 2025 Earnings Transcript
• Neutral Sentiment: Pre-earnings coverage (earnings preview) outlines what to watch — volume tied to fuel and EV usage, margin drivers, and FY26 guidance — keeping the stock sensitive to the upcoming print. WEX (WEX) Q1 Earnings Report Preview: What To Look For
• Neutral Sentiment: Coverage/roundups (Quiver/MarketBeat) note institutional flows, price targets dispersion and historical insider transactions — useful context but not immediate stock movers by themselves. Insider Sale: COO of $WEX Sells 3,500 Shares
• Negative Sentiment: Morgan Stanley’s analyst action leaves WEX at an “equal weight” stance with a mid‑range target that implies downside versus today’s price — this provides a cautionary signal to some institutional investors. Morgan Stanley price target / coverage note (via Benzinga)
• Negative Sentiment: COO Joel Dearborn sold 3,500 shares under a pre‑arranged 10b5‑1 plan; while disclosed as preplanned, insider sales are often viewed cautiously by the market. WEX (NYSE:WEX) COO Joel Alan Dearborn, Jr. Sells 3,500 Shares
• Negative Sentiment: Investing.com flags fuel‑price volatility as an overhang heading into earnings — fuel price swings can affect transaction volumes and mix for WEX’s fleet/payment businesses, adding near‑term uncertainty. Wex earnings on deck: Fuel prices loom over payment provider

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the business. Par Capital Management Inc. lifted its stake in shares of WEX by 21.6% during the 4th quarter. Par Capital Management Inc. now owns 2,252,000 shares of the business services provider’s stock worth $335,503,000 after purchasing an additional 400,500 shares during the period. Boston Partners lifted its stake in shares of WEX by 13.7% during the 4th quarter. Boston Partners now owns 1,447,442 shares of the business services provider’s stock worth $215,955,000 after purchasing an additional 174,079 shares during the period. AQR Capital Management LLC lifted its stake in shares of WEX by 794.0% during the 4th quarter. AQR Capital Management LLC now owns 889,802 shares of the business services provider’s stock worth $132,563,000 after purchasing an additional 790,271 shares during the period. Bank of America Corp DE lifted its stake in shares of WEX by 8.6% during the 3rd quarter. Bank of America Corp DE now owns 879,033 shares of the business services provider’s stock worth $138,474,000 after purchasing an additional 69,375 shares during the period. Finally, Dimensional Fund Advisors LP lifted its stake in shares of WEX by 7.0% during the 4th quarter. Dimensional Fund Advisors LP now owns 687,655 shares of the business services provider’s stock worth $102,454,000 after purchasing an additional 44,842 shares during the period. 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.