WEX
About: WEX Inc is a provider of corporate payment solutions. The company operates three business segments: Mobility, Benefits, and Corporate Payments. Mobility segment, the top segment by revenue, provides fleet vehicle payment solutions, transaction processing, and information management services for commercial and government fleets. The Corporate Payments segment offers business-to-business payment processing and transaction monitoring services. The Benefits segment generates revenue from healthcare payment products and its consumer-directed software platform. Wex's largest end market is the United States of America.
Employees: 6,500
0
Funds holding %
of 7,312 funds
0
Analysts bullish %
of 3 analysts
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
0% more funds holding in top 10
Funds holding in top 10: 5 [Q4 2024] → 5 (+0) [Q1 2025]
0.14% less ownership
Funds ownership: 101.16% [Q4 2024] → 101.02% (-0.14%) [Q1 2025]
1% less first-time investments, than exits
New positions opened: 69 | Existing positions closed: 70
2% less funds holding
Funds holding: 426 [Q4 2024] → 417 (-9) [Q1 2025]
13% less capital invested
Capital invested by funds: $7.06B [Q4 2024] → $6.12B (-$940M) [Q1 2025]
30% less repeat investments, than reductions
Existing positions increased: 118 | Existing positions reduced: 169
61% less call options, than puts
Call options by funds: $83M | Put options by funds: $215M
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$135
10%
downside
Avg. target
$138
9%
downside
High target
$140
7%
downside
3 analyst ratings
0 positive
0%
3 neutral
100%
0 negative
0%
Jefferies Trevor Williams | 10%downside $135 | Hold Maintained | 27 May 2025 |
UBS Nik Cremo | 8%downside $138 | Neutral Maintained | 2 May 2025 |
Wells Fargo Andrew Bauch | 7%downside $140 | Equal-Weight Maintained | 24 Apr 2025 |
Financial journalist opinion
Neutral
Business Wire
1 day ago
WEX Inc. to Release Second Quarter 2025 Financial Results on July 23, 2025
PORTLAND, Maine--(BUSINESS WIRE)--WEX Inc. (NYSE: WEX), the global commerce platform that simplifies the business of running a business, today announced it will report second quarter 2025 financial results in a release to be issued on Wednesday, July 23, 2025, after market close. The press release and WEX's supplemental materials packet—which include a summary and discussion of our second quarter performance—will be available that same afternoon through the investor relations section of the WEX.
Positive
Zacks Investment Research
1 month ago
Why Is Wex (WEX) Up 10.7% Since Last Earnings Report?
Wex (WEX) reported earnings 30 days ago. What's next for the stock?
Neutral
Business Wire
1 month ago
Impactive Capital Comments on Clear Message Sent by WEX Inc. Shareholders That Board Change Is Needed
NEW YORK--(BUSINESS WIRE)--Impactive Capital, LP, (“Impactive” or “we”) together with its affiliates, one of the largest shareholders of WEX Inc. (NYSE: WEX) (the “Company” or “WEX”) with an ownership interest of approximately 7.0%, today commented on the results of the Company's 2025 annual meeting of stockholders (the “annual meeting”). Impactive previously disclosed its intention to vote against the election of three directors – Jack VanWoerkom, Melissa Smith, and James Neary – in its open l.
Negative
Reuters
1 month ago
Exclusive: Impactive Capital may run proxy fight at WEX, seeking 4 of 11 directors, source says
Activist investor Impactive Capital is gearing up for a boardroom fight at financial technology company WEX Inc , and may nominate at least four directors at next year's annual meeting, according to a person familiar with the matter and a document seen by Reuters.
Neutral
Business Wire
1 month ago
WEX to Present at the William Blair 45th Annual Growth Stock Conference
PORTLAND, Maine--(BUSINESS WIRE)--WEX Inc. (NYSE: WEX), the global commerce platform that simplifies the business of running a business, today announced that its Chair and Chief Executive Officer, Melissa Smith, will present at the William Blair 45th Annual Growth Stock Conference on Wednesday, June 4, at approximately 4:20 PM ET. A webcast of the presentation will be available live on the Investor Relations section of the Company's website, www.wexinc.com, or through the link here. For those u.
Neutral
CNBC Television
1 month ago
WEX business segments don't belong under the same umbrella, says Impactive Capital's Taylor Wolfe
Lauren Taylor Wolfe, Impactive Capital co-founder, joins 'Power Lunch' to discuss Wolfe's focus on WEX, the company's board, and much more.
Neutral
Business Wire
2 months ago
WEX to Present at the Barclays 15th Annual Emerging Payments & Fintech Forum
PORTLAND, Maine--(BUSINESS WIRE)--WEX (NYSE: WEX), the global commerce platform that simplifies the business of running a business, today announced that its Chief Financial Officer, Jagtar Narula, will present at the Barclays 15th Annual Emerging Payments & Fintech Forum on Tuesday, May 20, 2025, at approximately 12:40 p.m. ET. A webcast of the presentation will be available live on the Investor Relations section of the Company's website, www.wexinc.com, or through the link here. For those.
Negative
Zacks Investment Research
2 months ago
WEX Stock Declines 5.1% Since Q1 Earnings & Revenue Beat
WEX's first-quarter 2025 earnings increase on a year-over-year basis, but revenues decline.
Neutral
GlobeNewsWire
2 months ago
Impactive Capital Issues Letter to WEX Inc. Shareholders Announcing Its Intention to Vote Against Three Directors at 2025 Annual Meeting
Plans to Vote Against Jack VanWoerkom, Melissa Smith, and James Neary Confident Company can Deliver Value to All Stakeholders with the Right Leadership and Strategy NEW YORK, May 02, 2025 (GLOBE NEWSWIRE) -- Impactive Capital, LP, together with its affiliates, one of the largest shareholders of WEX Inc. (NYSE:WEX) (the “Company”) with an ownership interest of approximately 7.0% today issued an open letter to the Company's shareholders. The full text of the letter is set forth below: Dear Fellow Shareholders, Impactive Capital LP (together with its affiliates, “Impactive” or “we”) is a large and longstanding shareholder of WEX Inc. (“WEX” or the “Company”), beneficially owning approximately 7.0% of the shares outstanding.
Neutral
Seeking Alpha
2 months ago
WEX Inc. (WEX) Q1 2025 Earnings Call Transcript
WEX Inc. (NYSE:WEX ) Q1 2025 Results Conference Call May 1, 2025 10:00 AM ET Company Participants Steve Elder - Senior Vice President, Investor Relations Melissa Smith - Chair & Chief Executive Officer Jagtar Narula - Chief Financial Officer Conference Call Participants Sanjay Sakhrani - KBW Nick Cremo - UBS Dave Koning - Baird Ramsey El-Assal - Barclays Darrin Peller - Wolfe Research Andrew Bauch - Wells Fargo Mihir Bhatia - Bank of America Tien-Tsin Huang - JPMorgan Operator Thank you for standing by. My name is Kayla, and I will be your conference operator today.
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