WEX Inc. (WEX)
| Market Cap | 5.50B |
| Revenue (ttm) | 2.60B |
| Net Income (ttm) | 306.50M |
| Shares Out | 34.26M |
| EPS (ttm) | 7.93 |
| PE Ratio | 20.24 |
| Forward PE | 9.67 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 221,766 |
| Open | 158.01 |
| Previous Close | 158.06 |
| Day's Range | 157.43 - 160.93 |
| 52-Week Range | 110.45 - 217.47 |
| Beta | 1.31 |
| Analysts | Hold |
| Price Target | 179.82 (+12.0%) |
| Earnings Date | Oct 23, 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 13 analysts, the average rating for WEX stock is "Hold." The 12-month stock price target is $179.82, which is an increase of 12.00% from the latest price.
News
WEX Inc.: Upgrading Rating To Buy Given Improving Growth Prospects And Cheap Valuations
WEX Inc. is upgraded to Buy, due to improved growth prospects and attractive valuation after strong Q2 results. WEX's Corporate Payments segment should turnaround given easier comps in coming quarters...
WEX Expands Electric Vehicle Charging Network With 3 New Partnerships
Global commerce platform WEX has formed three new partnerships that expand its electric vehicle charging network. The partnerships are with charging point operators Lynkwell and Revel and smart chargi...
WEX® Expands EV Charging Network and Simplifies Payments Integration with Lynkwell, Revel, and Ampcontrol Partnerships
PORTLAND, Maine--(BUSINESS WIRE)-- #Ampcontrol--WEX expands its EV charging network through partnerships with charge point operators, Lynkwell and Revel, and a payments integration with Ampcontrol.
Announcing WEX® Field Service Management: Designed for the Trades, Supported by WEX
PORTLAND, Maine--(BUSINESS WIRE)-- #FieldServiceManagement--WEX® today announced the rebrand of Payzerware to WEX Field Service Management along with the launch of the new WEX Field Service Management...
10-4 by WEX™ Expands Fuel Savings Network for Truckers, Adds Maverik Stations
PORTLAND, Maine--(BUSINESS WIRE)-- #104byWEX--WEX® (NYSE: WEX), the global commerce platform that simplifies the business of running a business, recently welcomed Maverik — Adventure's First Stop to t...
WEX® Partners with Trulioo to Drive Trusted Digital Onboarding and Prevent Fraud for European Customers
VANCOUVER, British Columbia--(BUSINESS WIRE)--Trulioo, a leading identity verification platform, announced its partnership with WEX, a global payments processing and fleet management company.
Lynkwell Expands Fleet Electrification Suite of Offerings with WEX® Payment Integration
SCHENECTADY, N.Y.--(BUSINESS WIRE)--Lynkwell, a leading energy infrastructure provider, announced that it completed its integration of WEX payment technology into its comprehensive electric vehicle (E...
WEX Sees 25% Year-Over-Year Growth in Accounts Payable Automation
When economic uncertainty reigns, handling surprises takes an agile business strategy. That was the case with the B2B payments player WEX, which on Thursday (July 24) delivered a second quarter 2025 e...
WEX Inc. (WEX) Q2 2025 Earnings Call Transcript
WEX Inc. (NYSE:WEX) Q2 2025 Earnings Conference Call July 24, 2025 10:00 AM ET Company Participants Jagtar Narula - Chief Financial Officer Melissa D. Smith - Chairman of the Board, President & CEO S...
WEX® and bp Partner on earnify™fleet Fuel Card Program
PORTLAND, Maine--(BUSINESS WIRE)-- #Mastercard--WEX® (NYSE: WEX), the global commerce platform that simplifies the business of running a business, announced a new partnership with energy leader bp to ...
WEX Inc. Reports Second 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 June 30,...
WEX Introduces AI-Powered Claims Tool to Simplify FSA Reimbursements
PORTLAND, Maine--(BUSINESS WIRE)--Today, WEX (NYSE: WEX) announced the launch of a new intelligent claims tool that helps people get reimbursed from their flexible spending accounts (FSAs) faster and ...
WEX Inc. to Release Second Quarter 2025 Financial Results on July 23, 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 second quarter 2025 financial re...
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...