WEX Inc. (WEX)
NYSE: WEX · IEX Real-Time Price · USD
178.99
+3.53 (2.01%)
Jul 2, 2024, 4:00 PM EDT - Market closed
WEX Inc. Stock Forecast
Stock Price Forecast
The 12 analysts with 12-month price forecasts for WEX Inc. stock have an average target of 241.17, with a low estimate of 190 and a high estimate of 285. The average target predicts an increase of 34.74% from the current stock price of 178.99.
Analyst Consensus: Buy
* Price targets were last updated on Apr 17, 2024.
Analyst Ratings
The average analyst rating for WEX Inc. stock from 12 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 3 | 3 | 4 | 4 | 4 | 4 |
| Hold | 6 | 5 | 5 | 6 | 6 | 6 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 11 | 10 | 11 | 12 | 12 | 12 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Citigroup | Citigroup | Strong Buy Maintains $240 → $280 | Strong Buy | Maintains | $240 → $280 | +56.43% | Apr 17, 2024 |
| Barclays | Barclays | Buy Maintains $255 → $280 | Buy | Maintains | $255 → $280 | +56.43% | Apr 16, 2024 |
| Baird | Baird | Buy Maintains $272 → $285 | Buy | Maintains | $272 → $285 | +59.23% | Apr 15, 2024 |
| Jefferies | Jefferies | Hold Maintains $235 → $240 | Hold | Maintains | $235 → $240 | +34.09% | Apr 12, 2024 |
| Evercore ISI Group | Evercore ISI Group | Buy Maintains $250 → $275 | Buy | Maintains | $250 → $275 | +53.64% | Mar 26, 2024 |
Financial Forecast
Revenue This Year
2.78B
from 2.55B
Increased by 8.99%
Revenue Next Year
2.98B
from 2.78B
Increased by 7.24%
EPS This Year
16.47
from 6.16
Increased by 167.43%
EPS Next Year
18.82
from 16.47
Increased by 14.26%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 2.9B | 3.2B | 3.4B | 3.6B |
| Avg | 2.8B | 3.0B | 3.2B | 3.5B |
| Low | 2.7B | 2.8B | 3.1B | 3.4B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 13.8% | 15.2% | 13.2% | 13.7% |
| Avg | 9.0% | 7.2% | 7.4% | 9.3% |
| Low | 5.1% | 2.4% | 2.6% | 6.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 17.43 | 20.16 | 23.39 | 24.57 |
| Avg | 16.47 | 18.82 | 21.47 | 23.63 |
| Low | 15.83 | 17.74 | 20.10 | 22.93 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 183.0% | 22.4% | 24.3% | 14.4% |
| Avg | 167.4% | 14.3% | 14.1% | 10.1% |
| Low | 156.9% | 7.7% | 6.8% | 6.8% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.