WEX (NYSE:WEX) Given New $155.00 Price Target at JPMorgan Chase & Co.

WEX (NYSE:WEX) had its price objective cut by analysts at JPMorgan Chase & Co. from $175.00 to $155.00 in a research note issued on Friday,Benzinga reports. The brokerage presently has a “neutral” rating on the business services provider’s stock. JPMorgan Chase & Co.‘s price target indicates a potential downside of 2.69% from the stock’s current price.

WEX has been the topic of a number of other research reports. Wall Street Zen upgraded shares of WEX from a “hold” rating to a “buy” rating in a research report on Saturday, November 8th. Bank of America raised WEX from a “neutral” rating to a “buy” rating and set a $178.00 price objective for the company in a research report on Wednesday, October 22nd. UBS Group set a $165.00 target price on WEX and gave the company a “neutral” rating in a research note on Friday. Cantor Fitzgerald raised WEX to a “hold” rating in a research note on Tuesday, January 27th. Finally, Morgan Stanley set a $146.00 price objective on shares of WEX in a research note on Friday. Four investment analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the company. According to MarketBeat.com, WEX presently has a consensus rating of “Hold” and an average price target of $164.75.

WEX Price Performance

Shares of NYSE:WEX traded up $10.74 on Friday, hitting $159.28. The company had a trading volume of 966,874 shares, compared to its average volume of 472,126. The company has a current ratio of 1.05, a quick ratio of 1.05 and a debt-to-equity ratio of 3.33. The company has a market cap of $5.46 billion, a PE ratio of 18.74, a PEG ratio of 1.11 and a beta of 0.98. WEX has a 52-week low of $110.45 and a 52-week high of $180.71. The business has a 50 day moving average of $153.44 and a 200 day moving average of $158.16.

WEX (NYSE:WEX) last announced its 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 net margin of 11.43% and a return on equity of 51.30%. The firm had revenue of $672.90 million during the quarter, compared to the consensus estimate of $660.89 million. During the same quarter in the previous year, the company posted $3.57 EPS. The firm’s revenue for the quarter 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. As a group, equities analysts anticipate that WEX will post 14.09 earnings per share for the current fiscal year.

Insider Transactions at WEX

In other news, CAO Jennifer Kimball sold 494 shares of the firm’s stock in a transaction on Thursday, December 18th. The shares were sold at an average price of $151.40, for a total value of $74,791.60. Following the transaction, the chief accounting officer owned 3,671 shares of the company’s stock, valued at approximately $555,789.40. This trade represents a 11.86% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Stephen Montgomery Smith purchased 1,000 shares of the firm’s stock in a transaction that occurred on Thursday, November 13th. The shares were acquired at an average cost of $144.25 per share, with a total value of $144,250.00. Following the completion of the transaction, the director owned 7,971 shares in the company, valued at $1,149,816.75. This trade represents a 14.35% increase in their position. The disclosure for this purchase is available in the SEC filing. Company insiders own 1.40% of the company’s stock.

Institutional Trading of WEX

Several large investors have recently bought and sold shares of the company. Boston Partners acquired a new stake in WEX during the 2nd quarter valued at $187,102,000. Turtle Creek Asset Management Inc. acquired a new position in shares of WEX in the third quarter worth about $93,289,000. Norges Bank purchased a new position in WEX in the second quarter valued at about $42,812,000. Goldman Sachs Group Inc. grew its stake in WEX by 158.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 350,892 shares of the business services provider’s stock valued at $55,097,000 after purchasing an additional 215,036 shares in the last quarter. Finally, M&T Bank Corp acquired a new stake in WEX during the 4th quarter valued at approximately $28,129,000. Institutional investors and hedge funds own 97.47% of the company’s stock.

WEX News Summary

Here are the key news stories impacting WEX this week:

• Positive Sentiment: Q4 beats on revenue and EPS, showing underlying growth — WEX reported $672.9M in revenue (+5.7% YoY) and $4.11 EPS, topping consensus and signaling momentum into 2026. Read More.
• Positive Sentiment: 2026 guidance suggests stronger full-year profitability — management set FY2026 EPS of $17.25–$17.85 (above consensus) and Q1 EPS 3.80–4.00; Bank of America reiterated a Buy with a ~$180 target reflecting upside to the Street. Read More.
• Neutral Sentiment: Revenue mix is shifting: corporate payments (virtual cards, A/P solutions) is carrying growth while mobility remains uneven — this diversifies revenue but creates uneven near-term cadence. Read More.
• Neutral Sentiment: Analysts and valuation views remain mixed — some firms see upside and strong cash generation, others flag limited catalysts; valuation debates keep reactions subdued. Read More.
• Negative Sentiment: Operating cash flow declined sharply and leverage rose — third-party reporting flagged a large drop in operating cash flow and increased liabilities, raising short-term balance-sheet and cash-conversion concerns. Read More.
• Negative Sentiment: Market reaction was muted to mixed because guidance was viewed as conservative by some — that kept upside limited despite the beat, and some analysts reiterated Hold/Neutral views. Read More.

About WEX

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.