WEX Inc. (NYSE:WEX) Stock Has Average Target Price of $186.40 According to Analysts

Posted by Geri Gentry on Oct 30th, 2026

WEX Inc. (NYSE:WEX – Get Free Report) has received an average rating of “Hold” from the thirteen ratings firms that are covering the company, Marketbeat.com reports. Eight investment analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 12-month price target among analysts that have covered the stock in the last year is $187.00.

Several research analysts have recently issued reports on WEX shares. Evercore upgraded shares of WEX to an “outperform” rating in a report on Tuesday, July 21st. Morgan Stanley upped their target price on WEX from $172.00 to $178.00 and gave the stock an “equal weight” rating in a research report on Tuesday. Cantor Fitzgerald set a $178.00 price target on WEX in a research note on Monday, July 27th. Keefe, Bruyette & Woods lifted their price target on WEX from $200.00 to $210.00 and gave the company an “outperform” rating in a research report on Friday, July 24th. Finally, Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of WEX in a research note on Thursday, September 24th.

Read Our Latest Stock Report on WEX

Insider Transactions at WEX

In other WEX news, CEO Melissa D. Smith sold 28,109 shares of the company’s stock in a transaction dated Tuesday, September 1st. The shares were sold at an average price of $190.09, for a total value of $5,343,239.81. Following the completion of the sale, the chief executive officer directly owned 126,625 shares of the company’s stock, valued at approximately $24,070,146.25. This represents a 18.17% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Robert Deshaies sold 2,000 shares of the firm’s stock in a transaction dated Monday, October 5th. The shares were sold at an average price of $173.56, for a total transaction of $347,120.00. Following the transaction, the chief operating officer owned 17,288 shares of the company’s stock, valued at approximately $3,000,505.28. This trade represents a 10.37% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 34,527 shares of company stock valued at $6,558,910 in the last three months. 1.40% of the stock is currently owned by insiders.

Institutional Trading of WEX

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Janus Henderson Group PLC boosted its position in shares of WEX by 1.1% in the 1st quarter. Janus Henderson Group PLC now owns 3,916,073 shares of the business services provider’s stock valued at $599,313,000 after purchasing an additional 44,031 shares during the period. Jupiter Topco LLC purchased a new stake in WEX during the second quarter valued at about $559,710,000. BlackRock Inc. acquired a new position in shares of WEX in the second quarter worth about $446,833,000. Bank of America Corp DE increased its position in shares of WEX by 13.6% in the first quarter. Bank of America Corp DE now owns 823,681 shares of the business services provider’s stock worth $126,056,000 after acquiring an additional 98,524 shares in the last quarter. Finally, Turtle Creek Asset Management Inc. increased its position in shares of WEX by 58.5% in the first quarter. Turtle Creek Asset Management Inc. now owns 669,335 shares of the business services provider’s stock worth $102,435,000 after acquiring an additional 246,923 shares in the last quarter. 97.47% of the stock is owned by institutional investors and hedge funds.

Key Headlines Impacting WEX

Here are the key news stories impacting WEX this week:

Positive Sentiment: WEX reported third-quarter adjusted EPS of $6.13, well above the $5.68 consensus estimate, while revenue rose 12.8% year over year to a record $780.1 million, ahead of expectations near $750 million. WEX Inc. Reports Third Quarter 2026 Financial Results
Positive Sentiment: Management raised full-year 2026 revenue guidance to $2.97 billion-$2.99 billion and adjusted EPS guidance to $21.28-$21.48. It also expects fourth-quarter revenue of $760 million-$780 million. WEX Inc. Raises Revenue Guidance for Full Year 2026
Positive Sentiment: Mobility revenue increased 20.6%, total payment volume grew 18.5% to $78.5 billion, and WEX repurchased approximately $200 million of stock during the quarter plus another $75 million through October 26. WEX Q3 Revenue Rises 12.8% to $780.1 Million
Positive Sentiment: WEX highlighted pricing improvements, new business wins and expanding margins, while continuing to deploy artificial intelligence across its products. Its partnership with Euclid AI is intended to bring agentic tools to trucking fleets, potentially supporting future growth and customer retention. WEX Earns Record Quarterly Revenue While Deploying AI Across Products
Neutral Sentiment: Morgan Stanley increased its price target, reinforcing positive analyst sentiment, although the stock’s reaction suggests expectations may already have incorporated much of the strong performance. WEX Stock Gets Price Target Increase from Morgan Stanley
Negative Sentiment: Some commentary attributed the quarterly beat partly to favorable fuel prices, raising concern that earnings momentum may be less durable if fuel prices normalize or weaken. WEX Q3 2026 Earnings

WEX Price Performance

Shares of NYSE WEX opened at $183.38 on Friday. The stock has a market cap of $6.25 billion, a P/E ratio of 11.52, a P/E/G ratio of 0.97 and a beta of 0.84. The firm’s 50-day simple moving average is $186.36 and its 200 day simple moving average is $164.42. WEX has a fifty-two week low of $125.29 and a fifty-two week high of $203.99. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 2.62.

WEX (NYSE:WEX – Get Free Report) last announced its earnings results on Wednesday, October 28th. The business services provider reported $6.13 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $5.68 by $0.45. The firm had revenue of $780.10 million during the quarter, compared to analyst estimates of $749.74 million. WEX had a net margin of 14.05% and a return on equity of 44.56%. WEX’s revenue was up 12.8% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $4.59 EPS. Equities analysts expect that WEX will post 17.32 EPS for the current year.

WEX Company Profile

(Get Free Report)

WEX Inc (NYSE:WEX) is a financial technology company that provides payment-processing and business-management solutions. Its products are designed to help organizations manage corporate spending, employee benefits and mobility-related expenses through specialized payment accounts, software and data tools.

WEX’s mobility business serves commercial vehicle fleets with fuel cards, fleet-payment programs, expense controls, telematics integrations and related solutions. The company also supports emerging mobility needs, including electric-vehicle charging payments.