WEX (NYSE:WEX) Issues FY 2026 Earnings Guidance

WEX (NYSE:WEX) updated its FY 2026 earnings guidance on Wednesday. The company provided EPS guidance of 18.950-19.550 for the period, compared to the consensus EPS 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 also updated its Q2 2026 guidance to 4.930-5.130 EPS.

Analysts Set New Price Targets

A number of analysts have weighed in on WEX shares. Cantor Fitzgerald raised their price objective on shares of WEX from $158.00 to $166.00 and gave the company a “neutral” rating in a research note on Monday, February 9th. Raymond James Financial reiterated a “market perform” rating on shares of WEX in a report on Friday, March 6th. UBS Group set a $165.00 target price on WEX and gave the stock a “neutral” rating in a report on Friday, February 6th. Morgan Stanley boosted their price objective on shares of WEX from $146.00 to $158.00 and gave the company an “equal weight” rating in a report on Tuesday. Finally, Wall Street Zen upgraded WEX from a “hold” rating to a “buy” rating in a research report on Saturday, March 21st. Three research analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $166.70.

WEX Price Performance

WEX stock opened at $154.77 on Friday. The company has a market capitalization of $5.37 billion, a PE ratio of 17.37, a price-to-earnings-growth ratio of 1.36 and a beta of 0.93. WEX has a one year low of $120.03 and a one year high of $186.85. The company has a debt-to-equity ratio of 2.86, a quick ratio of 1.05 and a current ratio of 1.05. The company’s fifty day moving average price is $159.06 and its 200-day moving average price is $154.61.

WEX (NYSE:WEX) last issued its quarterly earnings data on Wednesday, April 22nd. The business services provider reported $4.15 earnings per share for the quarter, beating analysts’ consensus estimates of $3.92 by $0.23. WEX had a return on equity of 44.23% and a net margin of 11.50%.The firm had revenue of $673.80 million during the quarter, compared to analyst estimates of $660.96 million. During the same quarter last year, the business posted $3.51 earnings per share. The business’s quarterly revenue was up 5.8% compared to the same quarter last year. WEX has set its FY 2026 guidance at 18.950-19.550 EPS and its Q2 2026 guidance at 4.930-5.130 EPS. On average, equities analysts anticipate that WEX will post 15.65 EPS for the current fiscal year.

Insider Buying and Selling at WEX

In other WEX news, COO Joel Alan Dearborn, Jr. sold 3,500 shares of WEX stock in a transaction on Thursday, April 16th. The shares were sold at an average price of $175.00, for a total value of $612,500.00. Following the completion of the transaction, the chief operating officer directly owned 22,872 shares of the company’s stock, valued at $4,002,600. This trade represents a 13.27% decrease in their position. 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, COO Robert Joseph Deshaies sold 3,238 shares of WEX stock in a transaction dated Tuesday, February 24th. The stock was sold at an average price of $150.22, for a total value of $486,412.36. Following the completion of the transaction, the chief operating officer owned 14,859 shares of the company’s stock, valued at approximately $2,232,118.98. This represents a 17.89% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 15,479 shares of company stock valued at $2,454,914 over the last ninety days. Corporate insiders own 1.40% of the company’s stock.

WEX News Roundup

Here are the key news stories impacting WEX this week:

• Positive Sentiment: Q1 beat and stronger guidance — WEX reported revenue of $673.8M and GAAP/adjusted results that topped expectations, and it raised FY‑2026 EPS guidance to $18.95–$19.55 and Q2 EPS to $4.93–$5.13, signaling better top‑line momentum and higher profitability expectations. Earnings Release
• Positive Sentiment: Analyst upgrades and higher price targets — Robert W. Baird upgraded to outperform and raised its target to $220, supporting upside narrative and institutional interest. Baird Upgrade
• Positive Sentiment: Cost actions and fuel assumptions lift outlook — Management flagged approximately $50M of planned savings and said improved fuel assumptions helped lift the 2026 outlook, which could materially boost margins if realized. Outlook / Cost Savings
• Neutral Sentiment: Earnings call details and strategy commentary — Transcripts and slides provide color on margin drivers, embedded-finance focus and AI initiatives that management says will deepen customer integration (supporting medium‑term thesis). Earnings Call Transcript
• Neutral Sentiment: Investor outreach planned — WEX scheduled a virtual fireside chat and issued a shareholder letter to outline strategy, aiming to reassure investors amid activist pressure. Shareholder Letter / Fireside Chat
• Negative Sentiment: Weak operating cash flow and higher liabilities — Q1 cash from operations weakened sharply (reported -$330.8M in one dataset) and total liabilities rose year‑over‑year, raising short‑term liquidity and working‑capital concerns. Cash Flow / Balance Sheet
• Negative Sentiment: Margin squeeze and fuel/ macro volatility — Several reports flagged margin pressures tied to cost dynamics and volatile fuel prices that could compress near‑term profitability despite revenue growth. Margin Pressure Analysis
• Negative Sentiment: Proxy fight and governance risk — Activist Impactive is pushing for board change and Glass Lewis recommended two dissident candidates, increasing near‑term governance uncertainty and potential for strategic disruption. Proxy / Glass Lewis
• Negative Sentiment: Insider selling and institutional repositioning — Data shows heavy insider sales and mixed hedge‑fund flows in recent quarters, which can amplify downside during a volatile session. Insider / Institutional Activity

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. Los Angeles Capital Management LLC purchased a new stake in shares of WEX in the fourth quarter valued at $25,000. Caitong International Asset Management Co. Ltd boosted its stake in shares of WEX by 368.1% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 220 shares of the business services provider’s stock worth $35,000 after purchasing an additional 173 shares during the period. EverSource Wealth Advisors LLC grew its holdings in WEX by 4,837.5% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 395 shares of the business services provider’s stock valued at $58,000 after purchasing an additional 387 shares during the last quarter. Danske Bank A S purchased a new stake in WEX in the 3rd quarter worth about $79,000. Finally, Kestra Advisory Services LLC purchased a new stake in WEX in the 4th quarter worth about $80,000. 97.47% of the stock is owned by hedge funds and other institutional investors.

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.