WEX (NYSE:WEX) Issues Q1 2026 Earnings Guidance

WEX (NYSE:WEX) issued an update on its first quarter 2026 earnings guidance on Wednesday morning. The company provided EPS guidance of 3.80-4.000 for the period, compared to the consensus EPS estimate of 3.780. The company issued revenue guidance of $650.0 million-$670.0 million, compared to the consensus revenue estimate of $665.2 million. WEX also updated its FY 2026 guidance to 17.250-17.850 EPS.

WEX Trading Up 3.2%

Shares of NYSE:WEX traded up $4.62 during trading on Wednesday, hitting $148.90. 1,431,724 shares of the company’s stock were exchanged, compared to its average volume of 412,914. The firm has a 50-day moving average price of $153.46 and a two-hundred day moving average price of $158.30. The firm has a market cap of $5.11 billion, a P/E ratio of 19.36, a PEG ratio of 1.14 and a beta of 0.98. WEX has a 1-year low of $110.45 and a 1-year high of $187.44. The company has a current ratio of 1.05, a quick ratio of 1.05 and a debt-to-equity ratio of 3.33.

WEX (NYSE:WEX) last issued its earnings results on Wednesday, February 4th. The business services provider reported $4.11 EPS for the quarter, beating the consensus estimate of $3.90 by $0.21. WEX had a net margin of 10.81% and a return on equity of 45.10%. 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. Equities analysts predict that WEX will post 14.09 earnings per share for the current year.

Wall Street Analysts Forecast Growth

WEX has been the subject of a number of research analyst reports. Weiss Ratings reaffirmed a “hold (c)” rating on shares of WEX in a research note on Wednesday, January 21st. Cantor Fitzgerald upgraded WEX to a “hold” rating in a report on Tuesday, January 27th. JPMorgan Chase & Co. cut their target price on WEX from $195.00 to $175.00 and set a “neutral” rating on the stock in a research note on Friday, October 31st. Bank of America raised shares of WEX from a “neutral” rating to a “buy” rating and set a $178.00 price target for the company in a research note on Wednesday, October 22nd. Finally, UBS Group cut their price objective on shares of WEX from $185.00 to $172.00 and set a “neutral” rating on the stock in a research report on Friday, October 31st. Four research analysts have rated the stock with a Buy rating and twelve have issued a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $168.08.

Insider Transactions at WEX

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

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Goldman Sachs Group Inc. lifted its holdings in shares of WEX by 158.3% during the first quarter. Goldman Sachs Group Inc. now owns 350,892 shares of the business services provider’s stock worth $55,097,000 after buying an additional 215,036 shares in the last quarter. Empowered Funds LLC acquired a new stake in shares of WEX in the first quarter valued at approximately $394,000. American Century Companies Inc. boosted its stake in shares of WEX by 1.9% in the second quarter. American Century Companies Inc. now owns 3,205 shares of the business services provider’s stock valued at $471,000 after buying an additional 60 shares during the period. EverSource Wealth Advisors LLC grew its position in WEX by 4,837.5% during the second quarter. EverSource Wealth Advisors LLC now owns 395 shares of the business services provider’s stock worth $58,000 after buying an additional 387 shares in the last quarter. Finally, Gamco Investors INC. ET AL bought a new position in WEX during the 2nd quarter worth $271,000. 97.47% of the stock is owned by institutional investors and hedge funds.

About WEX

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.