WEX (NYSE:WEX) Issues FY 2026 Earnings Guidance

WEX (NYSE:WEX) updated its FY 2026 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 17.250-17.850 for the period, compared to the consensus 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.

WEX Stock Up 3.2%

WEX stock traded up $4.62 during trading hours on Wednesday, reaching $148.90. 1,431,724 shares of the stock were exchanged, compared to its average volume of 412,914. The company has a debt-to-equity ratio of 3.33, a current ratio of 1.05 and a quick ratio of 1.05. The company has a market cap of $5.11 billion, a price-to-earnings ratio of 19.36, a PEG ratio of 1.14 and a beta of 0.98. The firm’s 50-day moving average is $153.46 and its 200-day moving average is $158.30. WEX has a 12 month low of $110.45 and a 12 month high of $187.44.

WEX (NYSE:WEX) last released its quarterly earnings results on Wednesday, February 4th. The business services provider reported $4.11 earnings per share for the quarter, topping analysts’ consensus estimates of $3.90 by $0.21. WEX had a return on equity of 45.10% and a net margin of 10.81%.The firm had revenue of $672.90 million during the quarter, compared to the consensus estimate of $660.89 million. WEX has set its FY 2026 guidance at 17.250-17.850 EPS and its Q1 2026 guidance at 3.80-4.000 EPS. On average, equities research analysts expect that WEX will post 14.09 earnings per share for the current year.

Analyst Ratings Changes

Several research analysts have weighed in on the company. Bank of America raised WEX from a “neutral” rating to a “buy” rating and set a $178.00 price target 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. UBS Group reduced their target price on shares of WEX from $185.00 to $172.00 and set a “neutral” rating for the company in a report on Friday, October 31st. JPMorgan Chase & Co. cut their price objective 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. Finally, Weiss Ratings restated a “hold (c)” rating on shares of WEX in a report on Wednesday, January 21st. Four investment analysts have rated the stock with a Buy rating and twelve have issued a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Hold” and an average target price of $168.08.

Insider Buying and Selling

In other news, CAO Jennifer Kimball sold 494 shares of the business’s stock in a transaction dated Thursday, December 18th. The stock was sold at an average price of $151.40, for a total transaction of $74,791.60. Following the sale, the chief accounting officer directly owned 3,671 shares in the company, valued at approximately $555,789.40. The trade was a 11.86% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, COO Robert Joseph Deshaies sold 1,506 shares of the business’s stock in a transaction on Wednesday, November 26th. The stock was sold at an average price of $149.62, for a total transaction of $225,327.72. Following the completion of the sale, the chief operating officer directly owned 15,699 shares in the company, valued at approximately $2,348,884.38. This represents a 8.75% decrease in their position. The SEC filing for this sale provides additional information. 1.40% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On WEX

A number of large investors have recently bought and sold shares of WEX. CIBC Bancorp USA Inc. bought a new position in WEX in the 3rd quarter worth about $466,000. Danske Bank A S purchased a new position in shares of WEX during the third quarter worth about $79,000. Caitong International Asset Management Co. Ltd increased its position in shares of WEX by 368.1% in the third 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 last quarter. Advisory Services Network LLC purchased a new stake in shares of WEX during the 3rd quarter valued at $151,000. Finally, Dark Forest Capital Management LP raised its position in WEX by 43.0% during the third quarter. Dark Forest Capital Management LP now owns 17,855 shares of the business services provider’s stock valued at $2,813,000 after purchasing an additional 5,367 shares in the last quarter. 97.47% of the stock is currently owned by institutional investors and hedge funds.

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.