WEX Inc. (WEX)
| Market Cap | 4.68B |
| Revenue (ttm) | 2.61B |
| Net Income (ttm) | 315.30M |
| Shares Out | 34.24M |
| EPS (ttm) | 7.78 |
| PE Ratio | 17.56 |
| Forward PE | 8.89 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 305,404 |
| Open | 137.81 |
| Previous Close | 137.32 |
| Day's Range | 135.68 - 137.89 |
| 52-Week Range | 110.45 - 217.47 |
| Beta | 1.26 |
| Analysts | Buy |
| Price Target | 181.30 (+32.75%) |
| Earnings Date | Jul 24, 2025 |
About WEX
WEX Inc. operates a commerce platform in the United States and internationally. The Mobility segment offers fleet vehicle payment solutions, transaction processing, and information management services; and provides account activation and account retention services; authorization and billing inquiries, and account maintenance services; account management; credit and collections services; merchant services; analytics solutions; and ancillary services and offerings. This segment markets its products directly and indirectly to businesses and govern... [Read more]
Financial Performance
In 2024, WEX Inc.'s revenue was $2.63 billion, an increase of 3.15% compared to the previous year's $2.55 billion. Earnings were $309.60 million, an increase of 16.13%.
Financial StatementsAnalyst Forecast
According to 12 analysts, the average rating for WEX stock is "Buy." The 12-month stock price forecast is $181.3, which is an increase of 32.75% from the latest price.
News
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...
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...
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, Mel...
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.
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, wil...
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 NEWSW...
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 Office...
WEX Inc. Reports First Quarter 2025 Financial Results
PORTLAND, Maine--(BUSINESS WIRE)--WEX (NYSE: WEX), the global commerce platform that simplifies the business of running a business, today reported financial results for the three months ended March 31...
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.
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 e...
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 ...
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 res...
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 auctio...
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.
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, represent...
Engine and WEX Team Up to Offer Seamless Business Travel for the Nation's Fleet Industry
DENVER--(BUSINESS WIRE)--Engine, the modern business and group travel platform trusted by over 900,000 travelers, today announced a collaboration with WEX, the global commerce platform that simplifies...
WEX Announces Preliminary 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 preliminary results of its modified “Dutch ...
WEX Extends Partnership with Circle K to Drive Innovation in Fleet Management, Customer Experience
PORTLAND, Maine--(BUSINESS WIRE)--WEX (NYSE: WEX), the global commerce platform that simplifies the business of running a business, announced a multi-year extension of its relationship with global con...
Reclaim Health Integrates AI-powered Healthcare Financial Management into WEX's Benefits Administration Solution
Integration will empower employers and employees to make confident benefit decisions through AI-powered claims data and analytics BOSTON , March 11, 2025 /PRNewswire/ -- Reclaim Health, a leader in AI...
WEX to Host Investor Community Call with Baird on March 14, 2025
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, Mel...
WEX Announces Pricing and Upsizing of $550 Million Senior Unsecured Notes Offering
PORTLAND, Maine--(BUSINESS WIRE)--WEX Inc. (NYSE: WEX) (the “Company”), the global commerce platform that simplifies the business of running a business, today announced that it had priced and upsized ...
WEX Announces Proposed $500 Million Senior Unsecured Notes Offering
PORTLAND, Maine--(BUSINESS WIRE)--WEX Inc. (NYSE: WEX), the global commerce platform that simplifies the business of running a business, today announced that it has commenced an offering (the “Offerin...
WEX Announces Intention to Launch Modified Dutch Auction Tender Offer
PORTLAND, Maine--(BUSINESS WIRE)--WEX Inc. (NYSE: WEX), the global commerce platform that simplifies the business of running a business, today announced its current intention to launch a “modified Dut...
WEX to Host Investor Community Call with KBW on February 28, 2025
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, Mel...
WEX Inc. (WEX) Q4 2024 Earnings Call Transcript
WEX Inc. (NYSE:WEX) Q4 2024 Earnings Conference Call February 6, 2025 10:00 AM ET Company Participants Steve Elder - Senior Vice President, Investor Relations Melissa Smith - Chair & Chief Executive ...