WEX

WEX Inc

Add to Watchlist

Advanced Chart

175.950

+0.33(0.188%)1D

Overview
Forecast
Valuation
Earnings

High

176.910

Open

175.830

VWAP

Vol

558.03K

Mkt Cap

6.03B

Low

173.620

Amount

EV/EBITDA(TTM)

5.92

Total Shares

41.90M

6.54B

EV/OCF(TTM)

15.42

P/S(TTM)

2.61

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.

Market Estimates

Earnings Estimates

Revenue

YoY Chg

EPS

YoYChg

FY2025Q3

FY2025Q4

FY2026Q1

677.06M

+1.74%

4.401

+1.16%

655.40M

+2.97%

3.781

+5.91%

664.04M

+4.31%

4.021

+14.55%

Estimates Revision

The market is revising Downward the revenue expectations for WEX Inc. (WEX) for FY2025, with the revenue forecasts being adjusted by -0.55% over the past three months. During the same period, the stock price has changed by 33.55%.

Revenue Estimates for FY2025

Revise Downward

-0.55%

In Past 3 Month

EPS Estimates for FY2025

Revise Downward

-0.44%

In Past 3 Month

Stock Price

Go Up

+33.55%

In Past 3 Month

10 Analyst Rating

-14.11% Downside

Wall Street analysts forecast WEX stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for WEX is 151.13 USD with a low forecast of 135.00 USD and a high forecast of 200.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

2 Buy

8 Hold

0 Sell

Hold

-14.11% Downside

Current: 175.950

Low

135.00

Averages

151.13

High

200.00

-14.11% Downside

Current: 175.950

Low

135.00

Averages

151.13

High

200.00

Morgan Stanley

Equal Weight

maintain

$142 -> $170

2025-07-25

New

Reason

Morgan Stanley

Price Target

$142 -> $170

2025-07-25

New

maintain

Equal Weight

Reason

Morgan Stanley raised the firm's price target on Wex to $170 from $142 and keeps an Equal Weight rating on the shares. Wex "delivered against a lowered bar" in Q2, and the firm believes estimate outperformance can continue in the near term, but is still skeptical of the company's strategic actions, the analyst tells investors in a post-earnings note.

UBS

Neutral

maintain

$138 -> $185

2025-07-25

New

Reason

UBS

Price Target

$138 -> $185

2025-07-25

New

maintain

Neutral

Reason

UBS raised the firm's price target on Wex to $185 from $138 and keeps a Neutral rating on the shares.

Baird

David Koning

Outperform

maintain

$186 -> $198

2025-07-24

New

Reason

Baird

David Koning

Price Target

$186 -> $198

2025-07-24

New

maintain

Outperform

Reason

Baird analyst David Koning raised the firm's price target on Wex to $198 from $186 and keeps an Outperform rating on the shares. The firm updated its model following Q2 results.

Deutsche Bank

Nate Svensson

resume

$150

2025-07-17

Reason

Deutsche Bank

Nate Svensson

Price Target

$150

2025-07-17

resume

Reason

Deutsche Bank analyst Nate Svensson resumed coverage of Wex with a Hold rating and $150 price target. The firm resumed coverage on 25 stocks in the payments, processors, and IT services industry with nine Buys, 14 Holds, and two restricted ratings. Both industries have materially underperformed the S&P 500 Index year-to-date as investor expectations increased around the November election, leading to an end of year run-up "that has since proven overly-optimistic," the analyst tells investors in a research note. The firm says that with trade uncertainty and consumer spending concerns, the outlook for the group "is as cloudy as it has been in the last five years." In this uncertain environment, Deutsche favors "high-quality compounders" with consistent sales growth, margin expansion, and free cash flow generation.

Jefferies

Trevor Williams

Hold

maintain

$130 -> $135

2025-05-27

Reason

Jefferies

Trevor Williams

Price Target

$130 -> $135

2025-05-27

maintain

Hold

Reason

Oppenheimer

Perform

initiated

2025-05-15

Reason

Oppenheimer

Price Target

2025-05-15

initiated

Perform

Reason

Oppenheimer initiated coverage of Wex with a Perform rating. The firm believes Wex's strong market position in fuel cards, corporate payments and benefits administration position the company well to capture strong secular growth trends in its end markets. Wex holds competitive advantages through Wex Bank, its closed-loop payment network, and its ability to serve nearly 60% of the Fortune 1000 through its Benefits segment. The company's diversified end-market exposure also provides some insulation to any potential sector-specific weakness, Oppenheimer argues. However, its customers remain susceptible to an economic downturn, creating uncertainty around the timing of Wex's return to its medium-term organic top-line growth target of 5%-10%, the firm adds.

See All Ratings

Valuation Metrics

The current forward P/E ratio for WEX Inc (WEX.N) is 10.56, compared to its 5-year average forward P/E of 14.16. For a more detailed relative valuation and DCF analysis to assess WEX Inc 's fair value, click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

Fair

5Y Average PE

14.16

Current PE

10.56

Overvalued PE

18.86

Undervalued PE

9.47

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

Fair

5Y Average EV/EBITDA

9.24

Current EV/EBITDA

5.68

Overvalued EV/EBITDA

12.93

Undervalued EV/EBITDA

5.56

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

Undervalued

5Y Average PS

3.31

Current PS

2.24

Overvalued PS

4.14

Undervalued PS

2.48