WEX (NYSE:WEX – Get Free Report) is projected to announce its Q3 2026 results after the market closes on Wednesday, October 28th. Analysts expect WEX to post earnings of $5.66 per share and revenue of $749.31 million for the quarter. Investors are encouraged to explore the company’s upcoming Q3 2026 earnings summary page for the latest details on the call scheduled for Thursday, October 29, 2026 at 10:00 AM ET.
WEX (NYSE:WEX – Get Free Report) last posted its earnings results on Wednesday, July 22nd. The business services provider reported $5.35 earnings per share for the quarter, topping analysts’ consensus estimates of $5.08 by $0.27. The firm had revenue of $753.50 million for the quarter, compared to the consensus estimate of $740.72 million. WEX had a return on equity of 43.19% and a net margin of 12.56%. The business’s revenue for the quarter was up 14.2% on a year-over-year basis. During the same quarter in the prior year, the business earned $3.95 EPS. On average, analysts expect WEX to post $17.26 EPS for the current fiscal year and $18.23 EPS for the next fiscal year.
WEX Trading Up 1.1%
WEX opened at $185.33 on Wednesday. The stock has a market cap of $6.32 billion, a PE ratio of 11.91, a PEG ratio of 0.94 and a beta of 0.84. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 2.62. The business has a 50 day moving average of $186.70 and a 200-day moving average of $165.97. WEX has a 52 week low of $125.29 and a 52 week high of $203.99.
Insider Transactions at WEX
In related news, COO Joel Dearborn, Jr. sold 3,343 shares of the firm’s stock in a transaction that occurred on Monday, September 14th. The stock was sold at an average price of $200.00, for a total transaction of $668,600.00. Following the completion of the transaction, the chief operating officer owned 17,021 shares of the company’s stock, valued at $3,404,200. This trade represents a 16.42% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Melissa Smith sold 28,109 shares of WEX stock in a transaction on 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 transaction, the chief executive officer owned 126,625 shares of the company’s stock, valued at $24,070,146.25. The trade was a 18.17% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders sold 40,110 shares of company stock worth $7,551,186. Company insiders own 1.40% of the company’s stock.
Analyst Upgrades and Downgrades
Several equities research analysts recently weighed in on WEX shares. Weiss Ratings raised WEX from a “hold (c-)” rating to a “hold (c)” rating in a research note on Friday, August 7th. Morgan Stanley increased their price objective on WEX from $161.00 to $172.00 and gave the stock an “equal weight” rating in a report on Tuesday, July 21st. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of WEX in a research report on Thursday, September 24th. Evercore raised WEX to an “outperform” rating in a research report on Tuesday, July 21st. Finally, Keefe, Bruyette & Woods boosted their target price on shares of WEX from $200.00 to $210.00 and gave the company an “outperform” rating in a report on Friday, July 24th. Six equities research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company. Based on data from MarketBeat.com, WEX currently has a consensus rating of “Hold” and a consensus target price of $185.64.
Check Out Our Latest Analysis on WEX
About WEX
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.
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