WEX (NYSE:WEX) Announces FY 2026 Earnings Guidance

WEX (NYSE:WEX) issued an update on its FY 2026 earnings guidance on Friday. The company provided earnings per share (EPS) guidance of 19.680-20.080 for the period, compared to the consensus EPS 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.

WEX Stock Up 0.7%

Shares of NYSE:WEX opened at $184.69 on Friday. The firm’s 50 day moving average price is $186.09 and its 200 day moving average price is $164.54. The stock has a market cap of $6.29 billion, a price-to-earnings ratio of 15.89, a price-to-earnings-growth ratio of 0.94 and a beta of 0.84. WEX has a fifty-two week low of $125.29 and a fifty-two week high of $203.99. The company has a quick ratio of 1.04, a current ratio of 1.03 and a debt-to-equity ratio of 3.00.

WEX (NYSE:WEX) last posted its quarterly earnings results on Wednesday, October 28th. The business services provider reported $6.13 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 45.74%. The company had revenue of $780.10 million during the quarter, compared to analysts’ expectations of $749.74 million. During the same quarter in the previous year, the business posted $4.59 EPS. The firm’s revenue was up 12.8% on a year-over-year basis. As a group, equities research analysts predict that WEX will post 17.32 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on WEX. Cantor Fitzgerald set a $178.00 price objective on shares of WEX in a research report on Monday, July 27th. Weiss Ratings upgraded shares of WEX from a “hold (c)” rating to a “hold (c+)” rating in a research note on Friday. Piper Sandler initiated coverage on WEX in a report on Thursday, September 10th. They issued a “neutral” rating and a $209.00 target price on the stock. Keefe, Bruyette & Woods raised their price target on WEX from $200.00 to $210.00 and gave the company an “outperform” rating in a research note on Friday, July 24th. Finally, Wall Street Zen upgraded WEX from a “hold” rating to a “buy” rating in a research note on Saturday. Five analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company’s stock. According to MarketBeat, WEX has a consensus rating of “Hold” and an average price target of $187.00.

Insider Activity at WEX

In other news, COO Carlos Carriedo sold 1,075 shares of the business’s stock in a transaction that occurred on Tuesday, August 4th. The shares were sold at an average price of $186.00, for a total transaction of $199,950.00. Following the completion of the sale, the chief operating officer owned 11,076 shares in the company, valued at approximately $2,060,136. The trade was a 8.85% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, COO Joel Dearborn, Jr. sold 3,343 shares of the company’s stock in a transaction on Monday, September 14th. The shares were sold at an average price of $200.00, for a total transaction of $668,600.00. Following the completion of the transaction, the chief operating officer owned 17,021 shares of the company’s stock, valued at approximately $3,404,200. The trade was a 16.42% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 34,527 shares of company stock worth $6,558,910 over the last 90 days. 1.40% of the stock is owned by corporate insiders.

WEX News Roundup

Here are the key news stories impacting WEX this week:

• Positive Sentiment: Q3 results exceeded expectations. WEX reported adjusted earnings of $6.13 per share versus the $5.67-$5.68 consensus estimate, while revenue reached $780.1 million, well above forecasts near $749.7 million. Revenue increased 12.8% year over year, supported by strong sales, margin expansion and new business wins. WEX Inc. Reports Third Quarter 2026 Financial Results
• Positive Sentiment: Management raised its outlook. Full-year 2026 EPS guidance of $19.68-$20.08 is above the $19.59 analyst consensus, and revenue guidance of approximately $3.0 billion exceeds the $2.9 billion estimate. Fourth-quarter EPS guidance of $5.67-$5.87 and revenue guidance of $760 million-$780 million also came in substantially ahead of consensus. WEX Inc. Raises Revenue Guidance for Full Year 2026
• Positive Sentiment: AI and shareholder returns add to the investment case. WEX is deploying artificial intelligence across its products, including a partnership with Euclid AI to develop trucking-focused AI agents. The company also said it returned most of its adjusted free cash flow through share repurchases. WEX and Euclid AI Team Up to Bring AI Agents Built for Trucking to OTR Fleets
• Neutral Sentiment: Analyst sentiment has improved, with Morgan Stanley increasing its price target following the earnings update. Broader payment-industry trends—including cross-border transactions and resilient consumer spending—remain supportive for WEX and its peers. WEX Stock Gets Price Target Increase from Morgan Stanley
• Negative Sentiment: Investors still face risks from inflation and rising technology costs, while some of the quarterly upside appears linked to fuel-price trends. These factors could pressure margins or make results more volatile if operating costs rise or fuel-related benefits reverse. 5 Financial Transaction Stocks to Watch Amid Cost and Inflation Pressure

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.