Zacks Research Issues Pessimistic Forecast for WEX Earnings

WEX Inc. (NYSE:WEX) – Equities researchers at Zacks Research dropped their Q1 2026 earnings per share estimates for WEX in a research report issued to clients and investors on Wednesday, February 25th. Zacks Research analyst Team now forecasts that the business services provider will earn $3.39 per share for the quarter, down from their prior estimate 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.

Other analysts have also issued research reports about the company. Cantor Fitzgerald increased their price target on WEX from $158.00 to $166.00 and gave the company a “neutral” rating in a report on Monday, February 9th. Morgan Stanley set a $146.00 price objective on shares of WEX in a research report on Friday, February 6th. Wall Street Zen lowered shares of WEX from a “buy” rating to a “hold” rating in a report on Saturday, February 7th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of WEX in a research note on Wednesday, January 21st. Finally, UBS Group set a $165.00 price target on shares of WEX and gave the company a “neutral” rating in a report on Friday, February 6th. Three research analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $162.27.

WEX Trading Down 1.5%

Shares of WEX stock opened at $149.05 on Monday. The company has a market cap of $5.11 billion, a PE ratio of 17.54, a price-to-earnings-growth ratio of 1.15 and a beta of 0.97. WEX has a 1 year low of $110.45 and a 1 year high of $180.71. The stock’s 50 day simple moving average is $155.12 and its two-hundred day simple moving average is $156.50. The company has a debt-to-equity ratio of 2.86, a current ratio of 1.05 and a quick ratio of 1.05.

WEX (NYSE:WEX) last released its quarterly earnings data on Wednesday, February 4th. The business services provider reported $4.11 EPS for the quarter, beating the consensus estimate of $3.90 by $0.21. WEX had a net margin of 11.43% and a return on equity of 48.01%. The business had revenue of $672.90 million during the quarter, compared to analyst estimates of $660.89 million. During the same quarter last year, the business earned $3.57 earnings per share. WEX’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 Transactions at WEX

In other WEX news, CAO Jennifer Kimball sold 494 shares of WEX stock in a transaction on Thursday, December 18th. The stock was sold at an average price of $151.40, for a total transaction of $74,791.60. Following the completion of the sale, the chief accounting officer directly owned 3,671 shares of the company’s stock, valued at $555,789.40. The trade was a 11.86% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, COO Carlos Carriedo sold 1,575 shares of the company’s stock in a transaction on Wednesday, February 18th. The stock was sold at an average price of $159.90, for a total value of $251,842.50. Following the completion of the sale, the chief operating officer owned 3,695 shares of the company’s stock, valued at $590,830.50. This represents a 29.89% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 8,154 shares of company stock valued at $1,256,518. Company insiders own 1.40% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in WEX. Lightrock Netherlands B.V. boosted its position in WEX by 19.7% during the third quarter. Lightrock Netherlands B.V. now owns 43,800 shares of the business services provider’s stock valued at $6,900,000 after purchasing an additional 7,200 shares in the last quarter. Vanguard Group Inc. lifted its position in shares of WEX by 0.4% during the third quarter. Vanguard Group Inc. now owns 3,262,255 shares of the business services provider’s stock valued at $513,903,000 after buying an additional 12,099 shares during the last quarter. CenterBook Partners LP purchased a new stake in shares of WEX during the third quarter valued at about $3,164,000. Deroy & Devereaux Private Investment Counsel Inc. boosted its holdings in shares of WEX by 52.2% in the 3rd quarter. Deroy & Devereaux Private Investment Counsel Inc. now owns 22,682 shares of the business services provider’s stock valued at $3,573,000 after buying an additional 7,784 shares in the last quarter. Finally, Norges Bank purchased a new position in shares of WEX in the 2nd quarter worth approximately $42,812,000. 97.47% of the stock is currently owned by 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.

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.