WEX (NYSE:WEX) Releases FY 2026 Earnings Guidance

Key Points

• WEX raised its FY 2026 outlook, guiding for EPS of $19.68–$20.08 and revenue of approximately $3.0 billion, both above analyst consensus. Q4 EPS guidance was set at $5.67–$5.87.
• WEX’s latest quarter exceeded expectations, with revenue rising 12.8% year over year to $780.1 million and EPS reaching $6.13 versus the $5.68 estimate.
• Analyst sentiment remains mixed: the consensus rating is Hold with a $187 target price, while insiders have sold approximately $6.6 million of shares over the past three months.

WEX (NYSE:WEX - Get Free Report) issued an update on its FY 2026 earnings guidance on Friday. The company provided earnings per share guidance of 19.680-20.080 for the period, compared to the consensus estimate of 19.590. The company issued revenue guidance of $3.0 billion, compared to the consensus revenue estimate of $2.9 billion. WEX also updated its Q4 2026 guidance to 5.670-5.870 EPS.

Analysts Set New Price Targets

A number of research firms have issued reports on WEX. Keefe, Bruyette & Woods boosted 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. Evercore raised shares of WEX to an "outperform" rating in a research report on Tuesday, July 21st. Weiss Ratings raised shares of WEX from a "hold (c-)" rating to a "hold (c)" rating in a research report on Friday, August 7th. Morgan Stanley increased their target price on WEX from $172.00 to $178.00 and gave the stock an "equal weight" rating in a report on Tuesday. Finally, Cantor Fitzgerald set a $178.00 price objective on WEX in a research report on Monday, July 27th. Five equities research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus target price of $187.00.

WEX Stock Performance

NYSE WEX opened at $183.38 on Friday. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 2.62. WEX has a 1 year low of $125.29 and a 1 year high of $203.99. The firm has a market capitalization of $6.25 billion, a price-to-earnings ratio of 15.78, a P/E/G ratio of 0.97 and a beta of 0.84. The firm's 50 day simple moving average is $186.36 and its 200 day simple moving average is $164.42.

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

Insider Activity at WEX

In related news, COO Robert Deshaies sold 2,000 shares of the company's stock in a transaction that occurred on Monday, October 5th. The stock was sold at an average price of $173.56, for a total value of $347,120.00. Following the transaction, the chief operating officer owned 17,288 shares in the company, valued at approximately $3,000,505.28. This represents a 10.37% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Melissa Smith sold 28,109 shares of WEX stock in a transaction dated 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 directly owned 126,625 shares of the company's stock, valued at approximately $24,070,146.25. This trade represents a 18.17% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 34,527 shares of company stock worth $6,558,910. 1.40% of the stock is currently owned by corporate 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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