JPMorgan Chase & Co. Has Lowered Expectations for WEX (NYSE:WEX) Stock Price

WEX (NYSE:WEX) had its price target decreased by JPMorgan Chase & Co. from $175.00 to $155.00 in a research report issued on Friday,Benzinga reports. The brokerage currently has a “neutral” rating on the business services provider’s stock. JPMorgan Chase & Co.‘s target price would suggest a potential downside of 2.69% from the stock’s previous close.

A number of other equities research analysts also recently issued reports on WEX. UBS Group set a $165.00 price target on WEX and gave the company a “neutral” rating in a research note on Friday. Weiss Ratings restated a “hold (c)” rating on shares of WEX in a research report on Wednesday, January 21st. Wall Street Zen raised shares of WEX from a “hold” rating to a “buy” rating in a report on Saturday, November 8th. Morgan Stanley set a $146.00 price target on shares of WEX in a research note on Friday. Finally, Bank of America upgraded WEX from a “neutral” rating to a “buy” rating and set a $178.00 price objective for the company in a research note on Wednesday, October 22nd. Three investment analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the company. According to data from MarketBeat.com, WEX presently has an average rating of “Hold” and an average target price of $161.55.

WEX Stock Up 7.2%

Shares of WEX stock opened at $159.28 on Friday. WEX has a twelve month low of $110.45 and a twelve month 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 2.86. The company’s 50 day moving average is $153.66 and its 200 day moving average is $158.17. The company has a market cap of $5.46 billion, a price-to-earnings ratio of 18.74, a price-to-earnings-growth ratio of 1.19 and a beta of 0.98.

WEX (NYSE:WEX) last announced its earnings results on Wednesday, February 4th. The business services provider reported $4.11 earnings per share for the quarter, beating analysts’ consensus estimates of $3.90 by $0.21. The business had revenue of $672.90 million during the quarter, compared to analyst estimates of $660.89 million. WEX had a net margin of 11.43% and a return on equity of 48.01%. The company’s quarterly revenue was up 5.7% compared to the same quarter last year. During the same period in the previous year, the business earned $3.57 EPS. WEX has set its FY 2026 guidance at 17.250-17.850 EPS and its Q1 2026 guidance at 3.80-4.000 EPS. Research analysts anticipate that WEX will post 14.09 EPS for the current year.

Insider Buying and Selling

In other news, CAO Jennifer Kimball sold 494 shares of the company’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 completion of the transaction, the chief accounting officer owned 3,671 shares of the company’s stock, valued at $555,789.40. This represents a 11.86% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Stephen Montgomery Smith bought 1,000 shares of the firm’s stock in a transaction that occurred on Thursday, November 13th. The shares were acquired at an average cost of $144.25 per share, for a total transaction of $144,250.00. Following the purchase, the director directly owned 7,971 shares in the company, valued at $1,149,816.75. This trade represents a 14.35% increase in their position. The SEC filing for this purchase provides additional information. 1.40% of the stock is currently owned by insiders.

Institutional Investors Weigh In On WEX

A number of institutional investors have recently added to or reduced their stakes in the stock. Goldman Sachs Group Inc. lifted its holdings in shares of WEX by 158.3% in the first quarter. Goldman Sachs Group Inc. now owns 350,892 shares of the business services provider’s stock worth $55,097,000 after buying an additional 215,036 shares in the last quarter. Empowered Funds LLC bought a new stake in WEX in the 1st quarter valued at $394,000. Truist Financial Corp lifted its stake in WEX by 8.7% in the 2nd quarter. Truist Financial Corp now owns 2,725 shares of the business services provider’s stock worth $400,000 after purchasing an additional 219 shares in the last quarter. KLP Kapitalforvaltning AS lifted its stake in WEX by 6.3% in the 2nd quarter. KLP Kapitalforvaltning AS now owns 6,800 shares of the business services provider’s stock worth $999,000 after purchasing an additional 400 shares in the last quarter. Finally, Blue Trust Inc. boosted its holdings in shares of WEX by 5.9% during the 2nd quarter. Blue Trust Inc. now owns 2,563 shares of the business services provider’s stock valued at $376,000 after purchasing an additional 143 shares during the last quarter. 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: Bank of America reiterated a Buy on WEX and keeps a $180 price target, citing the Q4 beat and a conservative 2026 outlook that still supports growth expectations. WEX Inc.: Undervalued Growth Story With Solid Q4 Beat
• Positive Sentiment: WEX reported Q4 revenue growth (~+5.7% YoY to $672.9M) and updated FY‑2026 EPS guidance above consensus (17.25–17.85 vs. street ~16.58), signaling potential upside to full‑year earnings power. WEX’s (NYSE:WEX) Q4 CY2025: Beats On Revenue
• Positive Sentiment: Management highlighted growth in virtual cards and accounts payable solutions that are offsetting weakness in mobility — a shift toward higher‑margin corporate payments that investors may view as a durable growth driver. WEX Sees Virtual Card and Accounts Payable Solutions Offset Flat Mobility
• Neutral Sentiment: Market reaction has been muted since the Feb. 4 results — revenue and EPS beats were offset by cautious near‑term commentary, so the stock traded largely flat in the immediate aftermath. WEX Stock Barely Moves Since Q4 Earnings and Revenue Beat
• Neutral Sentiment: Analysts remain split: some firms (e.g., William Blair) keep Hold/Neutral ratings citing limited catalysts despite strong cash generation, while others are bullish — the mixed sell‑side view is keeping volatility and analyst‑target dispersion high. Analysts Conflicted on These Technology Names: WEX
• Negative Sentiment: JPMorgan cut its price target from $175 to $155 and moved to Neutral, trimming upside in a high‑profile shop and likely pressuring sentiment among institutional investors. JPMorgan Cuts WEX Price Target
• Negative Sentiment: Some third‑party reports flagged weaker operating cash flow (sharp YoY decline) and higher leverage in Q4, plus mixed metric comparisons that could worry value investors focused on cash conversion. Wex Inc (WEX) Releases Q4 2025 Earnings: Revenue Beats, EPS Miss, Operating Cash Flow Plunges

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.