WEX (NYSE:WEX) Releases Earnings Results, Beats Estimates By $0.45 EPS

WEX (NYSE:WEX) announced its quarterly earnings results on Wednesday. The business services provider reported $6.13 EPS for the quarter, topping analysts’ consensus estimates of $5.68 by $0.45, FiscalAI reports. WEX had a return on equity of 43.19% and a net margin of 12.56%. The business had revenue of $780.10 million for the quarter, compared to analysts’ expectations of $749.74 million.

WEX Price Performance

NYSE:WEX traded up $2.20 on Wednesday, reaching $188.58. 946,830 shares of the company’s stock traded hands, compared to its average volume of 571,597. The stock has a 50-day simple moving average of $186.67 and a 200-day simple moving average of $164.17. WEX has a 12 month low of $125.29 and a 12 month high of $203.99. The firm has a market cap of $6.43 billion, a PE ratio of 18.78, a P/E/G ratio of 1.01 and a beta of 0.84. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 2.62.

Insiders Place Their Bets

In other news, CEO Melissa Smith sold 28,109 shares of WEX stock in a transaction that occurred on Tuesday, September 1st. The shares were sold at an average price of $190.09, for a total transaction of $5,343,239.81. Following the sale, the chief executive officer owned 126,625 shares in the company, valued at $24,070,146.25. This trade represents a 18.17% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Joel Dearborn, Jr. sold 3,343 shares of the business’s stock in a transaction on Monday, September 14th. The stock was sold at an average price of $200.00, for a total transaction of $668,600.00. Following the completion of the sale, the chief operating officer owned 17,021 shares in the company, valued at approximately $3,404,200. The trade was a 16.42% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 35,527 shares of company stock valued at $6,743,860. 1.40% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on WEX shares. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of WEX in a research report on Thursday, September 24th. Weiss Ratings raised WEX from a “hold (c-)” rating to a “hold (c)” rating in a research report on Friday, August 7th. Morgan Stanley lifted their price target on WEX from $172.00 to $178.00 and gave the company an “equal weight” rating in a research report on Tuesday. Mizuho lifted their price target on shares of WEX from $170.00 to $200.00 and gave the company an “outperform” rating in a research report on Friday, July 24th. Finally, Piper Sandler started coverage on WEX in a research report on Thursday, September 10th. They issued a “neutral” rating and a $209.00 price target on the stock. Five analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $187.00.

More WEX News

Here are the key news stories impacting WEX this week:

• Positive Sentiment: Quarterly results exceeded expectations. WEX reported adjusted earnings of $6.13 per share, up from $4.59 a year earlier and above the $5.67–$5.68 analyst consensus. Revenue increased 12.8% year over year to $780.1 million, surpassing estimates of approximately $749.7 million. WEX Q3 earnings and revenues top estimates
• Positive Sentiment: Management raised 2026 guidance. Full-year revenue guidance increased to $2.97 billion–$2.99 billion, while adjusted net income guidance rose to $736 million–$743 million, or $21.28–$21.48 per diluted share. Fourth-quarter revenue is expected to be $760 million–$780 million. WEX third-quarter 2026 financial results
• Positive Sentiment: Growth was broad, led by Mobility. Mobility revenue rose 20.6% to $435.1 million, Benefits revenue increased 4.8% to $207.6 million, and Corporate Payments revenue grew 3.5% to $137.4 million. Total payment volume climbed 18.5% to $78.5 billion, while operating margin reached 30.6%.
• Positive Sentiment: Shareholder returns supported sentiment. WEX repurchased roughly $200 million of stock during the quarter and another $75 million through October 26, signaling management’s confidence and helping support per-share results. WEX Q3 revenue rises 12.8%
• Positive Sentiment: New AI partnership adds a potential growth catalyst. WEX and Euclid announced agentic AI tools aimed at improving trucking operations, potentially strengthening WEX’s position in commercial mobility payments. WEX teams with Euclid on agentic AI for trucking
• Neutral Sentiment: Options activity and valuation commentary suggest heightened investor interest, but neither provides a definitive indication of future performance.
• Negative Sentiment: Insiders have been net sellers, including multiple sales by executives, which may raise caution even though one insider purchase was reported.
• Negative Sentiment: Morgan Stanley raised its price target to $178 but maintained an “equal weight” rating; the target remains below the recent market level, implying limited near-term upside in the firm’s view. Morgan Stanley WEX rating

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.