WEX (NYSE:WEX) Updates Q1 2026 Earnings Guidance

WEX (NYSE:WEX) updated its first quarter 2026 earnings guidance on Wednesday. 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.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on WEX shares. JPMorgan Chase & Co. dropped their target price on WEX from $195.00 to $175.00 and set a “neutral” rating for the company in a report on Friday, October 31st. Morgan Stanley set a $146.00 price objective on shares of WEX in a research note on Friday. Wall Street Zen upgraded shares of WEX from a “hold” rating to a “buy” rating in a research report on Saturday, November 8th. UBS Group set a $165.00 target price on shares of WEX and gave the stock a “neutral” rating in a report on Friday. Finally, Cantor Fitzgerald upgraded WEX to a “hold” rating in a research note on Tuesday, January 27th. Four investment analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $166.42.

WEX Price Performance

Shares of NYSE:WEX traded up $10.59 during midday trading on Friday, hitting $159.13. The stock had a trading volume of 523,071 shares, compared to its average volume of 460,255. The company’s 50-day moving average price is $153.44 and its 200-day moving average price is $158.16. WEX has a fifty-two week low of $110.45 and a fifty-two week high of $180.71. The company has a quick ratio of 1.05, a current ratio of 1.05 and a debt-to-equity ratio of 3.33. The company has a market capitalization of $5.46 billion, a P/E ratio of 18.67, a price-to-earnings-growth ratio of 1.11 and a beta of 0.98.

WEX (NYSE:WEX) last announced its quarterly earnings data on Wednesday, February 4th. The business services provider reported $4.11 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.90 by $0.21. WEX had a net margin of 11.43% and a return on equity of 51.30%. The business had revenue of $672.90 million for the quarter, compared to analysts’ expectations of $660.89 million. During the same period last year, the firm posted $3.57 earnings per share. The firm’s quarterly revenue was up 5.7% compared to the same quarter last year. WEX has set its FY 2026 guidance at 17.250-17.850 EPS and its Q1 2026 guidance at 3.80-4.000 EPS. As a group, equities research analysts predict that WEX will post 14.09 EPS for the current fiscal year.

Insider Activity

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

Key Headlines Impacting WEX

Here are the key news stories impacting WEX this week:

• Positive Sentiment: Q4 beats on revenue and EPS, showing underlying growth — WEX reported $672.9M in revenue (+5.7% YoY) and $4.11 EPS, topping consensus and signaling momentum into 2026. Read More.
• Positive Sentiment: 2026 guidance suggests stronger full-year profitability — management set FY2026 EPS of $17.25–$17.85 (above consensus) and Q1 EPS 3.80–4.00; Bank of America reiterated a Buy with a ~$180 target reflecting upside to the Street. Read More.
• Neutral Sentiment: Revenue mix is shifting: corporate payments (virtual cards, A/P solutions) is carrying growth while mobility remains uneven — this diversifies revenue but creates uneven near-term cadence. Read More.
• Neutral Sentiment: Analysts and valuation views remain mixed — some firms see upside and strong cash generation, others flag limited catalysts; valuation debates keep reactions subdued. Read More.
• Negative Sentiment: Operating cash flow declined sharply and leverage rose — third-party reporting flagged a large drop in operating cash flow and increased liabilities, raising short-term balance-sheet and cash-conversion concerns. Read More.
• Negative Sentiment: Market reaction was muted to mixed because guidance was viewed as conservative by some — that kept upside limited despite the beat, and some analysts reiterated Hold/Neutral views. Read More.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of WEX. Turtle Creek Asset Management Inc. bought a new stake in WEX during the 3rd quarter worth $93,289,000. Goldman Sachs Group Inc. boosted its stake 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 valued at $55,097,000 after purchasing an additional 215,036 shares in the last quarter. UBS Group AG boosted its stake in shares of WEX by 68.2% during the third quarter. UBS Group AG now owns 434,148 shares of the business services provider’s stock valued at $68,391,000 after purchasing an additional 176,042 shares in the last quarter. Cooper Creek Partners Management LLC bought a new stake in shares of WEX during the third quarter worth about $20,743,000. Finally, BNP Paribas Financial Markets increased its stake in shares of WEX by 119.8% in the third quarter. BNP Paribas Financial Markets now owns 205,153 shares of the business services provider’s stock valued at $32,318,000 after buying an additional 111,800 shares during the period. 97.47% of the stock is currently owned by institutional investors.

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.