WEX (NYSE:WEX) Announces Q4 2026 Earnings Guidance

Key Points

• WEX raised its 2026 outlook: Fourth-quarter EPS guidance is $5.67–$5.87 and revenue guidance is $760–$780 million, both above consensus estimates. Full-year EPS guidance was updated to $19.68–$20.08.
• Recent results exceeded expectations: WEX reported quarterly EPS of $6.13 and revenue of $780.1 million, up 12.8% year over year and ahead of analyst estimates.
• Market sentiment remains mixed: Analysts have an average “Hold” rating with a $187 target price, while the stock traded down 3.1%; insider selling, including transactions by the CEO and COO, may also weigh on investor sentiment.

WEX (NYSE:WEX - Get Free Report) updated its fourth quarter 2026 earnings guidance on Friday morning. The company provided EPS guidance of 5.670-5.870 for the period, compared to the consensus estimate of 4.870. The company issued revenue guidance of $760.0 million-$780.0 million, compared to the consensus revenue estimate of $719.0 million. WEX also updated its FY 2026 guidance to 19.680-20.080 EPS.

WEX Trading Down 3.1%

NYSE WEX opened at $183.38 on Friday. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 2.62. WEX has a 52-week low of $125.29 and a 52-week high of $203.99. The stock has a market capitalization of $6.25 billion, a P/E ratio of 11.52, a P/E/G ratio of 0.97 and a beta of 0.84. The firm has a 50-day moving average price of $186.36 and a 200 day moving average price of $164.42.

WEX (NYSE:WEX - Get Free Report) last posted its quarterly earnings results on Wednesday, October 28th. The business services provider reported $6.13 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $5.68 by $0.45. WEX had a net margin of 14.05% and a return on equity of 44.56%. The company had revenue of $780.10 million during the quarter, compared to the consensus estimate of $749.74 million. During the same period last year, the firm earned $4.59 EPS. The company's revenue for the quarter was up 12.8% on a year-over-year basis. Equities research analysts expect that WEX will post 17.32 EPS for the current year.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on WEX shares. Keefe, Bruyette & Woods increased their target price on WEX from $200.00 to $210.00 and gave the company an "outperform" rating in a research note on Friday, July 24th. Morgan Stanley lifted their target price on WEX from $172.00 to $178.00 and gave the stock an "equal weight" rating in a research report on Tuesday. Evercore upgraded shares of WEX to an "outperform" rating in a research note on Tuesday, July 21st. Mizuho raised their price target on shares of WEX from $170.00 to $200.00 and gave the stock an "outperform" rating in a research report on Friday, July 24th. Finally, Weiss Ratings raised shares of WEX from a "hold (c-)" rating to a "hold (c)" rating in a research note on Friday, August 7th. Five investment analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company's stock. Based on data from MarketBeat, WEX presently has an average rating of "Hold" and an average target price of $187.00.

Insider Activity

In other news, CEO Melissa Smith sold 28,109 shares of the firm's stock in a transaction on Tuesday, September 1st. The stock was sold at an average price of $190.09, for a total value of $5,343,239.81. Following the completion of the sale, the chief executive officer owned 126,625 shares of the company's stock, valued at $24,070,146.25. This trade represents a 18.17% decrease in their ownership of the stock. 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 Carlos Carriedo sold 1,075 shares of WEX stock in a transaction dated Tuesday, August 4th. The shares were sold at an average price of $186.00, for a total value of $199,950.00. Following the transaction, the chief operating officer directly owned 11,076 shares in the company, valued at approximately $2,060,136. This trade represents a 8.85% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 34,527 shares of company stock valued at $6,558,910. 1.40% of the stock is currently owned by company insiders.

Trending Headlines about WEX

Here are the key news stories impacting WEX this week:

• Positive Sentiment: Raised 2026 outlook: WEX forecast full-year adjusted EPS of $19.68-$20.08, above the $19.59 consensus estimate, and revenue of approximately $3.0 billion versus expectations of $2.9 billion. Fourth-quarter EPS guidance of $5.67-$5.87 and revenue guidance of $760-$780 million also exceeded consensus estimates of $4.87 and $719 million, respectively.
• Positive Sentiment: Q3 results beat expectations: Revenue increased 12.8% year over year to $780.1 million, ahead of the $749.7 million estimate, while adjusted EPS of $6.13 topped consensus by $0.45 and rose from $4.59 a year earlier. Total payment volume climbed 18.5% to $78.5 billion. WEX Inc. Reports Third Quarter 2026 Financial Results
• Positive Sentiment: Capital returns and growth initiatives: WEX repurchased approximately $200 million of shares during the quarter and another $75 million through October 26. Management also highlighted pricing, new-business wins, margin expansion, and continued deployment of artificial intelligence across its products. WEX Earns Record Quarterly Revenue While Deploying AI Across Products
• Neutral Sentiment: Analyst support: Morgan Stanley reportedly increased its price target, suggesting some confidence in WEX’s earnings trajectory, although the broader market reaction remains cautious. WEX Stock Gets Price Target Increase from Morgan Stanley
• Negative Sentiment: Concerns about earnings quality and sentiment: Mobility revenue led growth, rising 20.6%, with fuel prices contributing to the Q3 beat. Investors may question how sustainable that benefit is if fuel prices or transaction volumes weaken. Reports also noted substantially more insider selling than buying over the past six months, which could weigh on sentiment.

WEX Company Profile

WEX Inc NYSE: WEX is a financial technology company that provides payment-processing and business-management solutions. Its products are designed to help organizations manage corporate spending, employee benefits and mobility-related expenses through specialized payment accounts, software and data tools.

WEX's mobility business serves commercial vehicle fleets with fuel cards, fleet-payment programs, expense controls, telematics integrations and related solutions. The company also supports emerging mobility needs, including electric-vehicle charging payments.

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