JPMorgan Chase & Co. Has Lowered Expectations for WEX (NYSE:WEX) Stock Price

WEX (NYSE:WEX) had its price objective cut by analysts at JPMorgan Chase & Co. from $175.00 to $155.00 in a research note issued to investors on Friday,Benzinga reports. The firm currently has a “neutral” rating on the business services provider’s stock. JPMorgan Chase & Co.‘s target price would suggest a potential downside of 2.69% from the stock’s previous close.

A number of other analysts have also recently weighed in on WEX. Weiss Ratings reiterated a “hold (c)” rating on shares of WEX in a research report on Wednesday, January 21st. Mizuho lowered their price objective on WEX from $180.00 to $170.00 and set an “outperform” rating for the company in a research note on Friday. Morgan Stanley set a $146.00 target price on WEX in a research note on Friday. Bank of America upgraded WEX from a “neutral” rating to a “buy” rating and set a $178.00 price objective for the company in a research report on Wednesday, October 22nd. Finally, Wall Street Zen upgraded shares of WEX from a “hold” rating to a “buy” rating in a research report on Saturday, November 8th. Four analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the company. According to MarketBeat, WEX presently has an average rating of “Hold” and a consensus target price of $164.75.

WEX Stock Up 7.2%

NYSE WEX traded up $10.74 on Friday, hitting $159.28. 966,874 shares of the stock traded hands, compared to its average volume of 472,126. The company has a current ratio of 1.05, a quick ratio of 1.05 and a debt-to-equity ratio of 3.33. The company has a market capitalization of $5.46 billion, a P/E ratio of 18.74, a price-to-earnings-growth ratio of 1.11 and a beta of 0.98. WEX has a twelve month low of $110.45 and a twelve month high of $180.71. The stock has a 50-day moving average of $153.44 and a 200 day moving average of $158.16.

WEX (NYSE:WEX) last released its earnings results on Wednesday, February 4th. The business services provider reported $4.11 earnings per share for the quarter, beating the consensus estimate of $3.90 by $0.21. The firm had revenue of $672.90 million during the quarter, compared to analyst estimates of $660.89 million. WEX had a net margin of 11.43% and a return on equity of 51.30%. The firm’s revenue for the quarter was up 5.7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $3.57 earnings per share. WEX has set its FY 2026 guidance at 17.250-17.850 EPS and its Q1 2026 guidance at 3.80-4.000 EPS. As a group, analysts expect that WEX will post 14.09 earnings per share for the current fiscal year.

Insider Transactions at WEX

In other news, COO Robert Joseph Deshaies sold 1,506 shares of the business’s stock in a transaction on Wednesday, November 26th. The stock was sold at an average price of $149.62, for a total transaction of $225,327.72. Following the sale, the chief operating officer directly owned 15,699 shares of the company’s stock, valued at $2,348,884.38. The trade was a 8.75% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Stephen Montgomery Smith purchased 1,000 shares of the company’s stock in a transaction that occurred on Thursday, November 13th. The stock was bought at an average cost of $144.25 per share, for a total transaction of $144,250.00. Following the purchase, the director directly owned 7,971 shares in the company, valued at $1,149,816.75. This represents a 14.35% increase in their position. The SEC filing for this purchase provides additional information. Corporate insiders own 1.40% of the company’s stock.

Institutional Trading of WEX

Several large investors have recently added to or reduced their stakes in the company. Lightrock Netherlands B.V. lifted its position in WEX by 19.7% in the 3rd quarter. Lightrock Netherlands B.V. now owns 43,800 shares of the business services provider’s stock worth $6,900,000 after buying an additional 7,200 shares in the last quarter. Deroy & Devereaux Private Investment Counsel Inc. raised its holdings in shares of WEX by 52.2% during the third quarter. Deroy & Devereaux Private Investment Counsel Inc. now owns 22,682 shares of the business services provider’s stock worth $3,573,000 after acquiring an additional 7,784 shares in the last quarter. Norges Bank purchased a new stake in shares of WEX during the second quarter worth $42,812,000. Connor Clark & Lunn Investment Management Ltd. acquired a new stake in WEX during the second quarter valued at $338,000. Finally, Federated Hermes Inc. grew its stake in WEX by 6.6% in the second quarter. Federated Hermes Inc. now owns 402,123 shares of the business services provider’s stock valued at $59,068,000 after purchasing an additional 25,047 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: Q4 beats on revenue and EPS, showing underlying growth — WEX reported $672.9M in revenue (+5.7% YoY) and $4.11 EPS, topping consensus and signaling momentum into 2026. Read More.
• Positive Sentiment: 2026 guidance suggests stronger full-year profitability — management set FY2026 EPS of $17.25–$17.85 (above consensus) and Q1 EPS 3.80–4.00; Bank of America reiterated a Buy with a ~$180 target reflecting upside to the Street. Read More.
• Neutral Sentiment: Revenue mix is shifting: corporate payments (virtual cards, A/P solutions) is carrying growth while mobility remains uneven — this diversifies revenue but creates uneven near-term cadence. Read More.
• Neutral Sentiment: Analysts and valuation views remain mixed — some firms see upside and strong cash generation, others flag limited catalysts; valuation debates keep reactions subdued. Read More.
• Negative Sentiment: Operating cash flow declined sharply and leverage rose — third-party reporting flagged a large drop in operating cash flow and increased liabilities, raising short-term balance-sheet and cash-conversion concerns. Read More.
• Negative Sentiment: Market reaction was muted to mixed because guidance was viewed as conservative by some — that kept upside limited despite the beat, and some analysts reiterated Hold/Neutral views. Read More.

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.