WEX (NYSE:WEX) Given New $210.00 Price Target at Keefe, Bruyette & Woods

Posted by Tyrone Williams on Jul 24th, 2026

WEX (NYSE:WEX – Get Free Report) had its price target hoisted by equities research analysts at Keefe, Bruyette & Woods from $200.00 to $210.00 in a research report issued on Friday,Benzinga reports. The firm presently has an “outperform” rating on the business services provider’s stock. Keefe, Bruyette & Woods’ price objective indicates a potential upside of 19.56% from the stock’s previous close.

Several other research firms also recently weighed in on WEX. Morgan Stanley lifted their price target on shares of WEX from $161.00 to $172.00 and gave the company an “equal weight” rating in a research note on Tuesday. Evercore upgraded WEX to an “outperform” rating in a report on Tuesday. Weiss Ratings raised WEX from a “hold (c-)” rating to a “hold (c)” rating in a research report on Thursday, July 9th. Robert W. Baird upped their target price on WEX from $210.00 to $220.00 and gave the stock an “outperform” rating in a report on Thursday, April 23rd. Finally, Wall Street Zen downgraded WEX from a “buy” rating to a “hold” rating in a research report on Sunday, May 24th. Six research analysts have rated the stock with a Buy rating and ten have given a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Hold” and a consensus price target of $179.73.

Check Out Our Latest Stock Report on WEX

WEX Trading Up 2.4%

WEX stock traded up $4.18 during trading on Friday, hitting $175.65. The company had a trading volume of 1,022,614 shares, compared to its average volume of 551,364. The firm has a market capitalization of $6.09 billion, a P/E ratio of 17.52, a PEG ratio of 0.96 and a beta of 0.85. WEX has a 52-week low of $125.29 and a 52-week high of $186.85. The company has a 50 day simple moving average of $145.69 and a 200-day simple moving average of $152.58. The company has a quick ratio of 1.05, a current ratio of 1.05 and a debt-to-equity ratio of 2.83.

WEX (NYSE:WEX – Get Free Report) last announced its quarterly earnings data on Wednesday, July 22nd. The business services provider reported $5.35 earnings per share for the quarter, beating analysts’ consensus estimates of $5.08 by $0.27. The company had revenue of $753.50 million during the quarter, compared to analyst estimates of $740.72 million. WEX had a net margin of 12.56% and a return on equity of 44.40%. The firm’s revenue for the quarter was up 14.2% on a year-over-year basis. During the same quarter last year, the business posted $3.95 EPS. WEX has set its Q3 2026 guidance at 5.450-5.650 EPS and its FY 2026 guidance at 19.680-20.080 EPS. As a group, research analysts forecast that WEX will post 16.81 earnings per share for the current fiscal year.

WEX announced that its Board of Directors has initiated a stock repurchase plan on Thursday, May 14th that authorizes the company to buyback $1.00 billion in outstanding shares. This buyback authorization authorizes the business services provider to reacquire up to 21.2% of its shares through open market purchases. Shares buyback plans are often a sign that the company’s management believes its shares are undervalued.

Insiders Place Their Bets

In other news, Director James R. Groch purchased 1,500 shares of the firm’s stock in a transaction on Monday, May 18th. The stock was acquired at an average cost of $142.95 per share, with a total value of $214,425.00. Following the completion of the transaction, the director owned 17,957 shares in the company, valued at $2,566,953.15. This represents a 9.11% increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, COO Robert Joseph Deshaies sold 2,000 shares of the firm’s stock in a transaction dated Monday, July 6th. The shares were sold at an average price of $148.40, for a total transaction of $296,800.00. Following the completion of the sale, the chief operating officer owned 20,288 shares in the company, valued at $3,010,739.20. This represents a 8.97% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 1.40% of the company’s stock.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the company. Goldman Sachs Group Inc. boosted its stake in WEX by 158.3% in the first quarter. Goldman Sachs Group Inc. now owns 350,892 shares of the business services provider’s stock valued at $55,097,000 after acquiring an additional 215,036 shares in the last quarter. Empowered Funds LLC acquired a new position in shares of WEX during the first quarter worth $394,000. American Century Companies Inc. lifted its holdings in shares of WEX by 1.9% during the 2nd quarter. American Century Companies Inc. now owns 3,205 shares of the business services provider’s stock valued at $471,000 after purchasing an additional 60 shares during the last quarter. EverSource Wealth Advisors LLC lifted its holdings in shares of 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. Finally, Gamco Investors INC. ET AL acquired a new stake in shares of WEX in the 2nd quarter worth $271,000. Institutional investors own 97.47% of the company’s stock.

Key WEX News

Here are the key news stories impacting WEX this week:

Positive Sentiment: WEX posted Q2 revenue of $753.5 million and adjusted EPS of $5.35, both above analyst estimates, with revenue up 14.2% year over year and profit growth outpacing sales. WEX Inc. Reports Second Quarter 2026 Financial Results
Positive Sentiment: The company raised FY 2026 guidance to $2.86 billion-$2.90 billion in revenue and $19.68-$20.08 in adjusted EPS, signaling management confidence in continued momentum. WEX’s Q2 Earnings & Revenues Surpass Estimates, Increase Y/Y
Positive Sentiment: WEX also boosted Q3 guidance above consensus and highlighted share repurchases, which can support the stock by reducing share count and reinforcing capital discipline. WEX outlines 2026 revenue of $2.86B-$2.9B while prioritizing buybacks after leverage returns to 2.9x
Neutral Sentiment: Analysts and market commentary are also framing WEX as a long-term value idea, but that is more of a valuation case than a near-term catalyst. Why Wex (WEX) is a Top Value Stock for the Long-Term

WEX Company Profile

(Get Free Report)

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.