Jana Partners divests from Wex and acquires new stake in Six Flags Entertainment along with other Q3 activities.
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 14 2025
0mins
Should l Buy WEX?
Source: SeekingAlpha
Jana Partners' New Investments: Jana Partners has taken a new position in Six Flags Entertainment and opened new stakes in The Cooper Companies and Alkami Technology during the third quarter.
Changes in Existing Holdings: The firm increased its holdings in Rapid7 and Freshpet, while decreasing its stakes in Trimble, Lamb Weston, Mercury Systems, and Markel Group.
Recent 13F Filing: The details of these investment moves were disclosed in Jana Partners' latest 13F filing published on Friday.
Comparative Moves by Other Firms: Other hedge funds, such as Baupost and Glenview, have also made notable trades in the third quarter, including new stakes and exits in various companies.
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Analyst Views on WEX
Wall Street analysts forecast WEX stock price to rise
9 Analyst Rating
2 Buy
7 Hold
0 Sell
Hold
Current: 152.650
Low
150.00
Averages
171.17
High
182.00
Current: 152.650
Low
150.00
Averages
171.17
High
182.00
About WEX
WEX Inc. provides a global commerce platform, which simplifies the business of running a business. The Company has three segments: Mobility, Benefits and Corporate Payments. Its Mobility segment provides payment solutions, transaction processing, and information management services to a diverse customer base globally. Its Benefits segment simplifies employee benefit plan administration through Software as a service (SaaS) software integrated with payment solutions, delivering diverse product offerings including Benefit Administration, HSAs, FSAs, HRAs, COBRA and Direct Billing and compliance administration. Its Corporate Payments segment delivers global B2B payment solutions, including its Direct to Corporate solution that integrates with ERPs and accounting workflows to maximize virtual payment usage, and its Embedded Payments solution that integrates virtual payment capabilities into existing workflows for a range of industries, including online travel.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
WEX INC: UBS Lowers Price Target from $172 to $165
- WEX Inc. Updates Target Price: WEX Inc. has lowered its target price from $172 to $165.
- Market Reaction: The adjustment reflects changes in market conditions and company performance expectations.
See More
WEX Inc. Reports Q4 2025 Earnings Growth and Strategic Outlook
- Accelerated Earnings Growth: WEX reported Q4 2025 revenue of $672.9 million, a 5.7% year-over-year increase, with adjusted net income per diluted share reaching $4.11, reflecting a robust 15.1% growth, indicating strong performance in profitability and market demand.
- Innovation Velocity: The company achieved over 50% year-over-year increase in product innovation speed through an 'AI-first' approach, launching the 'Fleet Plus' product, which further drives growth in small fleet customers and enhances competitive positioning in the market.
- Optimistic Outlook: Management expects Q1 2026 revenue between $650 million and $670 million, with adjusted net income EPS of $3.80 to $4.00, reflecting confidence in future growth despite macroeconomic uncertainties, showcasing strategic foresight.
- Cost-Saving Initiatives: WEX plans to implement $50 million in cost-saving actions for 2026, with a portion reinvested to support margin stability and long-term growth, demonstrating strategic thinking in resource allocation.
See More
WEX Reports Significant Earnings Growth in Q4
- Earnings Performance Boost: WEX Inc. reported a net income of $84.3 million in Q4, translating to earnings per share of $2.41, which marks a significant increase from last year's $63.9 million and $1.60 per share, reflecting enhanced profitability.
- Strong Adjusted Earnings: Excluding non-recurring items, WEX's adjusted earnings reached $143.7 million or $4.11 per share, indicating sustained growth and profitability in the company's core operations.
- Stable Revenue Growth: The company's revenue for the fourth quarter rose by 5.7% to $672.9 million, compared to $636.5 million last year, demonstrating WEX's competitive position and ongoing customer demand.
- Optimistic Future Outlook: WEX provided guidance for the next quarter's EPS in the range of $3.80 to $4.00, with revenue expected between $650 million and $670 million, showcasing the company's confidence in future performance and positive market expectations.
See More
WEX Reports Q4 2025 Earnings Beat Expectations
- Earnings Beat: WEX's Q4 2025 Non-GAAP EPS of $4.11 exceeded expectations by $0.18, indicating a robust profitability trend that strengthens market confidence in the company's financial health.
- Revenue Growth: The company reported Q4 revenue of $672.9 million, a 5.6% year-over-year increase, surpassing market expectations by $12.6 million, demonstrating its ability to achieve steady growth in a competitive landscape, which enhances investor optimism for future performance.
- Future Guidance: For Q1 2026, WEX expects revenue between $650 million and $670 million, with adjusted net income projected at $133 million to $140 million, or diluted EPS of $3.80 to $4.00, reflecting management's confidence in upcoming results.
- Annual Outlook: WEX anticipates full-year 2026 revenue in the range of $2.70 billion to $2.76 billion, with adjusted net income expected between $607 million and $628 million, or diluted EPS of $17.25 to $17.85, indicating a positive long-term growth outlook.
See More
WEX Q4 Earnings Announcement Scheduled
- Earnings Release Date: WEX is set to announce its Q4 earnings on February 4th after market close, with a consensus EPS estimate of $3.93, reflecting a 10.1% year-over-year increase, indicating ongoing improvements in profitability that could positively impact stock prices.
- Revenue Expectations: The anticipated revenue for Q4 is $660.89 million, representing a 3.8% year-over-year growth, which highlights the company's stable performance in the market and may bolster investor confidence, potentially driving stock prices higher.
- Historical Performance: Over the past two years, WEX has beaten EPS estimates 75% of the time and revenue estimates 63% of the time, a strong performance record that could attract more investor attention and enhance market trust in the company.
- Estimate Revisions: In the last three months, EPS estimates have seen 4 upward revisions and 1 downward revision, while revenue estimates have experienced 5 upward revisions and 2 downward revisions, indicating increased analyst confidence in the company's future performance, which may have a positive effect on stock prices.
See More
WEX Launches New Fleet Card with EV Payment Capabilities
- Unified Payment Solution: The new WEX Fleet card integrates traditional fuel and EV charging payments, supporting over 175,000 public charging ports and 90% of U.S. gas stations, streamlining fleet management and enhancing operational efficiency.
- Simplified Management: Fleet managers can achieve unified reporting and purchase controls through the DriverDash™ app, reducing the complexity of managing multiple cards and improving decision-making efficiency and cost control.
- Technological Innovation: The card embeds RFID technology, eliminating the need for a separate charging card, allowing payment for internal combustion, hybrid, and electric vehicles through a single account, enhancing transaction control and data security for customers.
- Market Responsiveness: WEX's EV payment capabilities reflect its keen insight into the needs of mixed-energy fleets, aiding customers in adapting to electrification transitions and enhancing market competitiveness.
See More
WEX INC: UBS Lowers Price Target from $172 to $165
- WEX Inc. Updates Target Price: WEX Inc. has lowered its target price from $172 to $165.
- Market Reaction: The adjustment reflects changes in market conditions and company performance expectations.
See More
WEX Inc. Reports Q4 2025 Earnings Growth and Strategic Outlook
- Accelerated Earnings Growth: WEX reported Q4 2025 revenue of $672.9 million, a 5.7% year-over-year increase, with adjusted net income per diluted share reaching $4.11, reflecting a robust 15.1% growth, indicating strong performance in profitability and market demand.
- Innovation Velocity: The company achieved over 50% year-over-year increase in product innovation speed through an 'AI-first' approach, launching the 'Fleet Plus' product, which further drives growth in small fleet customers and enhances competitive positioning in the market.
- Optimistic Outlook: Management expects Q1 2026 revenue between $650 million and $670 million, with adjusted net income EPS of $3.80 to $4.00, reflecting confidence in future growth despite macroeconomic uncertainties, showcasing strategic foresight.
- Cost-Saving Initiatives: WEX plans to implement $50 million in cost-saving actions for 2026, with a portion reinvested to support margin stability and long-term growth, demonstrating strategic thinking in resource allocation.
See More
WEX Reports Significant Earnings Growth in Q4
- Earnings Performance Boost: WEX Inc. reported a net income of $84.3 million in Q4, translating to earnings per share of $2.41, which marks a significant increase from last year's $63.9 million and $1.60 per share, reflecting enhanced profitability.
- Strong Adjusted Earnings: Excluding non-recurring items, WEX's adjusted earnings reached $143.7 million or $4.11 per share, indicating sustained growth and profitability in the company's core operations.
- Stable Revenue Growth: The company's revenue for the fourth quarter rose by 5.7% to $672.9 million, compared to $636.5 million last year, demonstrating WEX's competitive position and ongoing customer demand.
- Optimistic Future Outlook: WEX provided guidance for the next quarter's EPS in the range of $3.80 to $4.00, with revenue expected between $650 million and $670 million, showcasing the company's confidence in future performance and positive market expectations.
See More
WEX Reports Q4 2025 Earnings Beat Expectations
- Earnings Beat: WEX's Q4 2025 Non-GAAP EPS of $4.11 exceeded expectations by $0.18, indicating a robust profitability trend that strengthens market confidence in the company's financial health.
- Revenue Growth: The company reported Q4 revenue of $672.9 million, a 5.6% year-over-year increase, surpassing market expectations by $12.6 million, demonstrating its ability to achieve steady growth in a competitive landscape, which enhances investor optimism for future performance.
- Future Guidance: For Q1 2026, WEX expects revenue between $650 million and $670 million, with adjusted net income projected at $133 million to $140 million, or diluted EPS of $3.80 to $4.00, reflecting management's confidence in upcoming results.
- Annual Outlook: WEX anticipates full-year 2026 revenue in the range of $2.70 billion to $2.76 billion, with adjusted net income expected between $607 million and $628 million, or diluted EPS of $17.25 to $17.85, indicating a positive long-term growth outlook.
See More
WEX Q4 Earnings Announcement Scheduled
- Earnings Release Date: WEX is set to announce its Q4 earnings on February 4th after market close, with a consensus EPS estimate of $3.93, reflecting a 10.1% year-over-year increase, indicating ongoing improvements in profitability that could positively impact stock prices.
- Revenue Expectations: The anticipated revenue for Q4 is $660.89 million, representing a 3.8% year-over-year growth, which highlights the company's stable performance in the market and may bolster investor confidence, potentially driving stock prices higher.
- Historical Performance: Over the past two years, WEX has beaten EPS estimates 75% of the time and revenue estimates 63% of the time, a strong performance record that could attract more investor attention and enhance market trust in the company.
- Estimate Revisions: In the last three months, EPS estimates have seen 4 upward revisions and 1 downward revision, while revenue estimates have experienced 5 upward revisions and 2 downward revisions, indicating increased analyst confidence in the company's future performance, which may have a positive effect on stock prices.
See More
WEX Launches New Fleet Card with EV Payment Capabilities
- Unified Payment Solution: The new WEX Fleet card integrates traditional fuel and EV charging payments, supporting over 175,000 public charging ports and 90% of U.S. gas stations, streamlining fleet management and enhancing operational efficiency.
- Simplified Management: Fleet managers can achieve unified reporting and purchase controls through the DriverDash™ app, reducing the complexity of managing multiple cards and improving decision-making efficiency and cost control.
- Technological Innovation: The card embeds RFID technology, eliminating the need for a separate charging card, allowing payment for internal combustion, hybrid, and electric vehicles through a single account, enhancing transaction control and data security for customers.
- Market Responsiveness: WEX's EV payment capabilities reflect its keen insight into the needs of mixed-energy fleets, aiding customers in adapting to electrification transitions and enhancing market competitiveness.
See More
