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 7,425 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
4,211% more call options, than puts
Call options by funds: $91.4M | Put options by funds: $2.12M
12% more first-time investments, than exits
New positions opened: 65 | Existing positions closed: 58
0% less funds holding
Funds holding: 427 [Q3] → 426 (-1) [Q4]
1.24% less ownership
Funds ownership: 102.4% [Q3] → 101.16% (-1.24%) [Q4]
19% less capital invested
Capital invested by funds: $8.73B [Q3] → $7.06B (-$1.67B) [Q4]
29% less funds holding in top 10
Funds holding in top 10: 7 [Q3] → 5 (-2) [Q4]
30% less repeat investments, than reductions
Existing positions increased: 119 | Existing positions reduced: 171
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$140
7%
upside
Avg. target
$167
28%
upside
High target
$200
53%
upside
5 analyst ratings
2 positive
40%
3 neutral
60%
0 negative
0%
Wells Fargo Andrew Bauch 33% 1-year accuracy 13 / 39 met price target | 7%upside $140 | Equal-Weight Maintained | 24 Apr 2025 |
Mizuho Dan Dolev 57% 1-year accuracy 17 / 30 met price target | 30%upside $170 | Outperform Maintained | 10 Feb 2025 |
Barclays Ramsey El-Assal 48% 1-year accuracy 32 / 67 met price target | 19%upside $155 | Equal-Weight Maintained | 10 Feb 2025 |
Keefe, Bruyette & Woods Sanjay Sakhrani 45% 1-year accuracy 17 / 38 met price target | 53%upside $200 | Outperform Maintained | 7 Feb 2025 |
UBS Nik Cremo 100% 1-year accuracy 1 / 1 met price target | 32%upside $172 | Neutral Maintained | 7 Feb 2025 |
Financial journalist opinion
Based on 10 articles about WEX published over the past 30 days
Positive
Zacks Investment Research
5 hours ago
Should Value Investors Buy WEX (WEX) Stock?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Positive
PYMNTS
2 days ago
WEX Expands EV Charging and Payment Solution to Include Private Chargers
WEX has added a feature that enables fleets with electric vehicles (EVs) to use the WEX Fleet Card at private chargers.
Neutral
Business Wire
2 days ago
WEX Launches WEX EV Depot for Secure On-Site Vehicle Charging Payments
PORTLAND, Maine--(BUSINESS WIRE)--WEX (NYSE: WEX), the global commerce platform that simplifies the business of running a business, today announced the introduction of WEX EV Depot. This new feature enables simple, secure, and frictionless charging at private chargers when using the WEX Fleet Card. The newest addition to WEX's comprehensive charging platform - including the existing public charging 'En Route' and ‘At-Home' solutions - makes it the first fleet management business in North Americ.
Neutral
Business Wire
6 days ago
WEX Signs 10-Year Extension with Enterprise Fleet Management
PORTLAND, Maine--(BUSINESS WIRE)--WEX (NYSE: WEX), the global commerce platform that simplifies the business of running a business, announced a 10-year extension of its relationship with global fleet solutions provider, Enterprise Fleet Management, an affiliate of Enterprise Mobility. The agreement extends the decades-long partnership with WEX that dates back to 1993. WEX will continue to deliver fuel cards to Enterprise Fleet Management customers upon signup to help them monitor and control fu.
Negative
Zacks Investment Research
1 week ago
Earnings Preview: Wex (WEX) Q1 Earnings Expected to Decline
Wex (WEX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Neutral
Business Wire
2 weeks ago
WEX Inc. to Release First Quarter 2025 Financial Results on April 30, 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 first quarter 2025 financial results on Wednesday, April 30, 2025, after market close. The press release and WEX's supplemental materials packet—which includes a summary and discussion of our first quarter performance—will be available that same afternoon through the investor relations section of the WEX website, www.wexinc.com.
Positive
Zacks Investment Research
3 weeks ago
Reasons Why Holding WEX Stock in Your Portfolio Remains a Smart Move
WEX enjoys a dominant market position, backed by diverse revenue sources and promising growth prospects across international markets.
Neutral
Business Wire
4 weeks ago
WEX Announces Final Results of Tender Offer
PORTLAND, Maine--(BUSINESS WIRE)--WEX Inc. (NYSE: WEX), the global commerce platform that simplifies the business of running a business, today announced the final results of its modified “Dutch auction” tender offer, which expired at one minute after 11:59 p.m., New York City time, on Tuesday, March 25, 2025. Based on the final count by Equiniti Trust Company, LLC, the depositary for the tender offer, a total of 4,891,736 shares of WEX's common stock, par value $0.01 per share (each share of WE.
Neutral
Business Wire
4 weeks ago
WEX SPARK Health & Benefits 2025 Gathers Industry Leaders to Drive Innovation, Business Growth
PORTLAND, Maine--(BUSINESS WIRE)--WEX gathers business leaders in San Diego March 31-April 3 for WEX SPARK Health & Benefits 2025, a premier event for the health and benefits industry.
Neutral
Seeking Alpha
1 month ago
WEX Inc.: Cheap Despite Tempering Growth Expectations
Management lowered its long-term revenue growth target to 5%-10% from 8%-12%, while aiming to grow earnings per share by 10%-15%. Shares are currently trading at just over 10 times earnings, representing a large discount to relevant peers. With the tender offer now having expired, and given its high debt load, there may be more downward pressure on the share price.
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