What is Zacks Research’s Forecast for WEX FY2028 Earnings?

WEX Inc. (NYSE:WEX) – Stock analysts at Zacks Research issued their FY2028 EPS estimates for shares of WEX in a research note issued on Wednesday, February 25th. Zacks Research analyst Team expects that the business services provider will earn $18.09 per share for the year. The consensus estimate for WEX’s current full-year earnings is $14.09 per share.

A number of other brokerages have also recently issued reports on WEX. Cantor Fitzgerald raised their price objective on shares of WEX from $158.00 to $166.00 and gave the company a “neutral” rating in a research note on Monday, February 9th. JPMorgan Chase & Co. reduced their price target on WEX from $175.00 to $155.00 and set a “neutral” rating on the stock in a research report on Friday, February 6th. Morgan Stanley set a $146.00 price objective on WEX in a research note on Friday, February 6th. UBS Group set a $165.00 target price on WEX and gave the company a “neutral” rating in a research note on Friday, February 6th. Finally, Wall Street Zen cut WEX from a “buy” rating to a “hold” rating in a research note on Saturday, February 7th. Three analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, WEX currently has an average rating of “Hold” and a consensus price target of $162.27.

WEX Trading Down 1.5%

WEX opened at $149.05 on Friday. The company has a debt-to-equity ratio of 2.86, a current ratio of 1.05 and a quick ratio of 1.05. The company has a market cap of $5.11 billion, a price-to-earnings ratio of 17.54, a price-to-earnings-growth ratio of 1.15 and a beta of 0.98. The firm has a 50 day simple moving average of $155.12 and a 200 day simple moving average of $156.64. WEX has a fifty-two week low of $110.45 and a fifty-two week high of $180.71.

WEX (NYSE:WEX) last posted its quarterly earnings results on Wednesday, February 4th. The business services provider reported $4.11 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.90 by $0.21. The business had revenue of $672.90 million for the quarter, compared to analysts’ expectations of $660.89 million. WEX had a return on equity of 48.01% and a net margin of 11.43%.The firm’s quarterly revenue was up 5.7% compared to the same quarter last year. During the same quarter last year, the business earned $3.57 earnings per share. WEX has set its FY 2026 guidance at 17.250-17.850 EPS and its Q1 2026 guidance at 3.80-4.000 EPS.

Insiders Place Their Bets

In other news, COO Robert Joseph Deshaies sold 3,238 shares of WEX stock in a transaction dated Tuesday, February 24th. The stock was sold at an average price of $150.22, for a total transaction of $486,412.36. Following the transaction, the chief operating officer owned 14,859 shares in the company, valued at $2,232,118.98. The trade was a 17.89% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Sara Trickett sold 1,815 shares of the stock in a transaction that occurred on Wednesday, February 25th. The stock was sold at an average price of $149.95, for a total value of $272,159.25. Following the sale, the insider directly owned 2,137 shares of the company’s stock, valued at approximately $320,443.15. The trade was a 45.93% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 8,154 shares of company stock worth $1,256,518. Company insiders own 1.40% of the company’s stock.

Institutional Investors Weigh In On WEX

A number of hedge funds and other institutional investors have recently made changes to their positions in WEX. Boston Partners acquired a new position in WEX in the 2nd quarter worth $187,102,000. AQR Capital Management LLC lifted its holdings in shares of WEX by 794.0% in the fourth quarter. AQR Capital Management LLC now owns 889,802 shares of the business services provider’s stock valued at $132,563,000 after purchasing an additional 790,271 shares in the last quarter. Turtle Creek Asset Management Inc. acquired a new position in shares of WEX during the third quarter worth about $93,289,000. Par Capital Management Inc. boosted its position in shares of WEX by 21.6% during the fourth quarter. Par Capital Management Inc. now owns 2,252,000 shares of the business services provider’s stock worth $335,503,000 after buying an additional 400,500 shares during the period. Finally, Norges Bank bought a new position in shares of WEX during the fourth quarter worth about $50,202,000. 97.47% of the stock is currently owned by institutional investors and hedge funds.

Key Headlines Impacting WEX

Here are the key news stories impacting WEX this week:

• Positive Sentiment: Zacks Research raised multiple near‑ and medium‑term EPS forecasts and lifted FY2026 and FY2027 estimates (FY2026 to $15.13; FY2027 to $16.56) — a sign analysts expect stronger earnings growth than previously modeled, which supports higher forward valuation and investor confidence.
• Positive Sentiment: Insider buying cluster reported — company leadership purchases signal management’s confidence in WEX’s future prospects, which is typically taken positively by investors. WEX Insider Buying Cluster Highlights Leadership View On Future Prospects
• Positive Sentiment: COO purchased approximately $563K of WEX stock, reinforcing insider conviction and providing a near‑term demand signal for shares. WEX COO Makes $563K Stock Purchase
• Neutral Sentiment: Overall the Zacks notes contain many incremental upward revisions across quarters (Q2–Q4 2026, multiple 2027 quarters) and even a FY2028 projection ($18.09), but these are gradual adjustments rather than a single large catalyst — supportive long‑term, but less likely to produce an immediate large price move on their own.
• Negative Sentiment: Zacks trimmed their Q1 2026 EPS estimate slightly (from $3.41 to $3.39), which could modestly temper near‑term expectations and be cited by traders focused on the upcoming quarter.

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.