WEX Inc. (WEX)

NYSE: WEX · Real-Time Price · USD
126.72
+5.50 (4.54%)
May 8, 2025, 4:00 PM EDT - Market closed
4.54%
Market Cap 4.34B
Revenue (ttm) 2.61B
Net Income (ttm) 315.30M
Shares Out 34.24M
EPS (ttm) 7.78
PE Ratio 16.29
Forward PE 8.25
Dividend n/a
Ex-Dividend Date n/a
Volume 467,554
Open 123.53
Previous Close 121.22
Day's Range 123.53 - 126.75
52-Week Range 110.45 - 217.47
Beta 1.26
Analysts Buy
Price Target 186.80 (+47.41%)
Earnings Date Apr 30, 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]

Sector Technology
IPO Date Feb 16, 2005
Employees 6,500
Stock Exchange NYSE
Ticker Symbol WEX
Full Company Profile

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 Statements

Analyst Forecast

According to 12 analysts, the average rating for WEX stock is "Buy." The 12-month stock price forecast is $186.8, which is an increase of 47.41% from the latest price.

Price Target
$186.8
(47.41% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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...

2 days ago - Business Wire

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...

6 days ago - GlobeNewsWire

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...

7 days ago - Seeking Alpha

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...

8 days ago - Business Wire

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.

10 days ago - PYMNTS

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...

10 days ago - Business Wire

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 ...

14 days ago - Business Wire

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...

4 weeks ago - Business Wire

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...

5 weeks ago - Business Wire

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.

5 weeks ago - Business Wire

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...

5 weeks ago - Seeking Alpha

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...

6 weeks ago - Business Wire

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 ...

6 weeks ago - Business Wire

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...

7 weeks ago - Business Wire

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...

2 months ago - PRNewsWire

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...

2 months ago - Business Wire

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 ...

2 months ago - Business Wire

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...

2 months ago - Business Wire

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...

2 months ago - Business Wire

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...

2 months ago - Business Wire

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 ...

3 months ago - Seeking Alpha

WEX Inc. Reports Fourth Quarter and Full Year 2024 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 and year ended...

3 months ago - Business Wire

WEX Expands Mixed-Energy Fleet Solutions Across Europe to Drive Commercial EV Adoption

BREDA, Netherlands--(BUSINESS WIRE)--WEX (NYSE: WEX), the global commerce platform that simplifies the business of running a business, today announced the expansion of its electric vehicle (EV) chargi...

3 months ago - Business Wire

WEX Inc. to Release Fourth Quarter and Full Year 2024 Financial Results on February 5, 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 fourth quarter and full year 202...

3 months ago - Business Wire

Wex: Undervalued Despite Modest Growth Expectations

Shares have sold off following the company's weak Q3 results and guidance. Lower fuel prices and weaker spending by its commercial customers have contributed to softer revenue growth. Earnings per sha...

4 months ago - Seeking Alpha