Zacks Research Analysts Decrease Earnings Estimates for WEX

WEX Inc. (NYSE:WEX) – Stock analysts at Zacks Research cut their Q1 2026 earnings per share (EPS) estimates for shares of WEX in a report released on Wednesday, February 25th. Zacks Research analyst Team now expects that the business services provider will post earnings per share of $3.39 for the quarter, down from their prior forecast of $3.41. The consensus estimate for WEX’s current full-year earnings is $14.09 per share. Zacks Research also issued estimates for WEX’s Q2 2026 earnings at $3.71 EPS, Q3 2026 earnings at $4.23 EPS, Q4 2026 earnings at $3.81 EPS, FY2026 earnings at $15.13 EPS, Q1 2027 earnings at $3.67 EPS, Q2 2027 earnings at $4.10 EPS, Q3 2027 earnings at $4.52 EPS, Q4 2027 earnings at $4.27 EPS and FY2027 earnings at $16.56 EPS.

A number of other analysts have also recently commented on WEX. Morgan Stanley set a $146.00 target price on shares of WEX in a research note on Friday, February 6th. Wall Street Zen cut shares of WEX from a “buy” rating to a “hold” rating in a report on Saturday, February 7th. JPMorgan Chase & Co. lowered their price objective on shares of WEX from $175.00 to $155.00 and set a “neutral” rating for the company in a research note on Friday, February 6th. Cantor Fitzgerald boosted their price objective on shares of WEX from $158.00 to $166.00 and gave the company a “neutral” rating in a report on Monday, February 9th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of WEX in a research note on Wednesday, January 21st. Three analysts have rated the stock with a Buy rating and twelve have issued a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $162.27.

WEX Price Performance

Shares of WEX stock opened at $149.05 on Monday. WEX has a fifty-two week low of $110.45 and a fifty-two week high of $180.71. The company has a debt-to-equity ratio of 2.86, a quick ratio of 1.05 and a current ratio of 1.05. The firm has a market capitalization of $5.11 billion, a price-to-earnings ratio of 17.54, a PEG ratio of 1.15 and a beta of 0.97. The stock’s 50-day simple moving average is $155.12 and its 200-day simple moving average is $156.50.

WEX (NYSE:WEX) last announced its 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. WEX had a return on equity of 48.01% and a net margin of 11.43%.The company had revenue of $672.90 million for the quarter, compared to analyst estimates of $660.89 million. During the same period in the prior year, the company posted $3.57 EPS. 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.

Insider Buying and Selling

In related news, COO Carlos Carriedo sold 1,575 shares of WEX stock in a transaction that occurred on Wednesday, February 18th. The stock was sold at an average price of $159.90, for a total transaction of $251,842.50. Following the completion of the transaction, the chief operating officer directly owned 3,695 shares in the company, valued at approximately $590,830.50. This trade represents a 29.89% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Sara Trickett sold 1,815 shares of the company’s 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 completion of the sale, the insider owned 2,137 shares in the company, valued at approximately $320,443.15. This represents a 45.93% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 8,154 shares of company stock valued at $1,256,518 in the last ninety days. Insiders own 1.40% of the company’s stock.

Institutional Trading of WEX

A number of hedge funds have recently added to or reduced their stakes in the company. Goldman Sachs Group Inc. increased its holdings in WEX by 158.3% in 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 buying an additional 215,036 shares in the last quarter. Empowered Funds LLC purchased a new stake in shares of WEX during the 1st quarter worth about $394,000. Envestnet Asset Management Inc. grew its position in shares of WEX by 16.4% during the 2nd quarter. Envestnet Asset Management Inc. now owns 68,716 shares of the business services provider’s stock valued at $10,094,000 after acquiring an additional 9,663 shares during the period. Bessemer Group Inc. increased its stake in shares of WEX by 44.9% in the 2nd quarter. Bessemer Group Inc. now owns 4,248 shares of the business services provider’s stock valued at $624,000 after purchasing an additional 1,316 shares in the last quarter. Finally, Atria Investments Inc raised its stake in shares of WEX by 13.8% during the 2nd quarter. Atria Investments Inc now owns 6,275 shares of the business services provider’s stock worth $922,000 after buying an additional 759 shares during the period. 97.47% of the stock is owned by hedge funds and other institutional investors.

WEX News Roundup

Here are the key news stories impacting WEX this week:

• Positive Sentiment: Insider buying cluster — Several insiders have recently purchased WEX stock, signaling management confidence in the business and its outlook; insider activity often supports investor sentiment and can attract buy interest. Article Title
• Positive Sentiment: Zacks raises multiple earnings estimates — Zacks Research upgraded many quarterly and full‑year EPS forecasts (several Q2–Q4 2026 and Q1–Q4 2027 quarters and FY2026/FY2027), lifting its FY2026 and FY2027 outlook. Higher analyst estimates improve forward earnings visibility and can support valuation. (Source: Zacks research notes)
• Neutral Sentiment: Minor Q1 2026 cut — Within Zacks’ note there was a small downward revision to Q1 2026 EPS (from $3.41 to $3.39), a modest offset to the broader upgrade trend; this is unlikely to change the overall positive bias but is a near‑term data point to watch.

WEX Company Profile

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.