WEX (WEX) Expected to Post Earnings on Wednesday

WEX (NYSE:WEX) is projected to issue its Q2 2026 results after the market closes on Wednesday, July 22nd. Analysts expect the company to announce earnings of $5.06 per share and revenue of $738.0560 million for the quarter. WEX has set its FY 2026 guidance at 18.950-19.550 EPS and its Q2 2026 guidance at 4.930-5.130 EPS. Individuals may visit the the company’s upcoming Q2 2026 earning report page for the latest details on the call scheduled for Thursday, July 23, 2026 at 10:00 AM ET.

WEX (NYSE:WEX) last issued its quarterly earnings data on Wednesday, April 22nd. The business services provider reported $4.15 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.92 by $0.23. The company had revenue of $673.80 million for the quarter, compared to the consensus estimate of $660.96 million. WEX had a return on equity of 42.66% and a net margin of 11.50%.The firm’s revenue was up 5.8% compared to the same quarter last year. During the same quarter last year, the business posted $3.51 earnings per share. On average, analysts expect WEX to post $17 EPS for the current fiscal year and $18 EPS for the next fiscal year.

WEX Price Performance

NYSE:WEX opened at $155.02 on Wednesday. WEX has a 52-week low of $125.29 and a 52-week high of $186.85. The stock has a fifty day moving average of $142.41 and a 200 day moving average of $151.99. The company has a debt-to-equity ratio of 2.83, a quick ratio of 1.05 and a current ratio of 1.05. The firm has a market capitalization of $5.37 billion, a price-to-earnings ratio of 17.40, a P/E/G ratio of 0.98 and a beta of 0.85.

WEX declared that its Board of Directors has authorized a share repurchase program on Thursday, May 14th that allows the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization allows the business services provider to purchase up to 21.2% of its stock through open market purchases. Stock repurchase programs are generally a sign that the company’s leadership believes its shares are undervalued.

Insiders Place Their Bets

In other news, COO Joel Alan Dearborn, Jr. sold 3,500 shares of the business’s stock in a transaction that occurred on Thursday, April 16th. The shares were sold at an average price of $175.00, for a total value of $612,500.00. Following the completion of the sale, the chief operating officer directly owned 22,872 shares in the company, valued at approximately $4,002,600. The trade was a 13.27% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director James R. Groch acquired 1,500 shares of the business’s stock in a transaction dated Monday, May 18th. The stock was acquired at an average cost of $142.95 per share, with a total value of $214,425.00. Following the purchase, the director directly owned 17,957 shares in the company, valued at $2,566,953.15. This represents a 9.11% increase in their position. The disclosure for this purchase is available in the SEC filing. Over the last ninety days, insiders have sold 6,700 shares of company stock valued at $1,083,108. 1.40% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. Invesco Ltd. lifted its stake in shares of WEX by 14.1% in the 4th quarter. Invesco Ltd. now owns 85,418 shares of the business services provider’s stock valued at $12,726,000 after acquiring an additional 10,537 shares during the last quarter. Corient Private Wealth LLC lifted its position in WEX by 326.4% in the fourth quarter. Corient Private Wealth LLC now owns 36,191 shares of the business services provider’s stock valued at $5,392,000 after purchasing an additional 27,703 shares during the last quarter. Mercer Global Advisors Inc. ADV boosted its stake in shares of WEX by 399.3% during the fourth quarter. Mercer Global Advisors Inc. ADV now owns 12,214 shares of the business services provider’s stock valued at $1,820,000 after purchasing an additional 9,768 shares during the period. Vident Advisory LLC boosted its stake in shares of WEX by 12.5% during the fourth quarter. Vident Advisory LLC now owns 5,884 shares of the business services provider’s stock valued at $877,000 after purchasing an additional 656 shares during the period. Finally, EP Wealth Advisors LLC bought a new position in shares of WEX in the fourth quarter worth approximately $234,000. Hedge funds and other institutional investors own 97.47% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have weighed in on the company. Deutsche Bank Aktiengesellschaft lowered their price target on WEX from $180.00 to $160.00 and set a “hold” rating on the stock in a report on Friday, June 12th. Cantor Fitzgerald decreased their price objective on shares of WEX from $173.00 to $152.00 and set a “neutral” rating on the stock in a research report on Monday, June 29th. Weiss Ratings upgraded shares of WEX from a “hold (c-)” rating to a “hold (c)” rating in a research report on Thursday, July 9th. Robert W. Baird raised their target price on shares of WEX from $210.00 to $220.00 and gave the company an “outperform” rating in a research note on Thursday, April 23rd. Finally, Wall Street Zen lowered shares of WEX from a “buy” rating to a “hold” rating in a research report on Sunday, May 24th. Four equities research analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $172.30.

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.