WEX Stock Forecast & Price Target
WEX$183.76-5.55 -2.93%
$6.26B
Market Cap
16.07
P/E
9.07
Forward P/E
55
Score
WEX Stock Forecast & Price Target
WEX price $183.76 -5.55 -2.93%
- Ticker
- WEX
- Price
- $183.76
- Change
- -5.55 -2.93%
- Market cap ?
- $6.26B
- P/E ?
- 16.07
- Forward P/E ?
- 9.07
- Dividend yield ?
- 0.00%
- Beta ?
- 0.84
- Sector
- Technology
- Industry
- Software - Infrastructure
- Stocklytics score
- 55
- Value
- 52
- Quality
- 42
- Growth
- 70
Stocklytics score rationale: value 52, quality 42, growth 70.
Financials
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|
| 1012488000 | 1248577000 | 1492639000 | 1723691000 | 1559869000 | 1850600000 | 2350600000 | 2548000000 | 2628200000 | 2660800000 |
WEX Inc., a financial technology enterprise established in 1983 and headquartered in Portland, Maine, delivers diverse services across the United States and globally. The company, which operated as Wright Express Corporation until its name change in October 2012, structures its operations into three primary divisions. The Fleet Solutions segment specializes in comprehensive payment processing for vehicle fleets. Its…
Fair value
WEX fair value $526.75. Price $183.76. Price is 65% below fair value.
Below fair value, and cheaper than usual. A larger discount than on 95% of days in the past 5 years.
Fair value is an estimate of what one share is worth if future cash flows arrive as modeled. It is not a forecast of the share price. How discounted cash flow works.
Calculated with a 10-year free-cash-flow discount. Starting free cash flow 470.57M. Growth 8.57%. When analyst earnings forecasts are available, free cash flow in those years is forecast earnings times the company's usual conversion of earnings into free cash flow, kept between 60% and 130%. Years with fewer than 3 analyst estimates are left out. Growth then fades in a straight line to terminal growth by year 10, starting from the last well-covered year's growth, or from the pace across those years when the final year slows sharply, kept between 0% and 20%. Without those forecasts, year-1 growth is analyst revenue growth for the next full fiscal year, or 5-year historical revenue growth when that forecast is missing, held for five years, then fading in a straight line to terminal growth by year 10. Terminal growth 3.00%. Discount rate 8.95% (beta 0.8). Beta is kept between 0.8 and 2.0, which on its own would make the discount rate 8.7% to 15.3%. The rate is then capped at 12%. A cap is used because a discount above 12% pushes higher-beta stocks further from the price. The discount rate stays at least 5 percentage points above terminal growth. Shares 34.08M. Net debt 3.95B. The earnings value is next-12-months earnings per share, or trailing earnings when that forecast is missing, times the median P/E of the company's industry. That median uses listed stocks worth at least $10 billion with a positive P/E of 100 or below, and the industry needs at least eight of them. Otherwise the sector median is used when that group also has at least eight, then the market median of those large companies. The multiple used is the lower of that median and 1.25 times the stock's own 10-year median P/E, then kept between 8 and 30. If the stock has no 10-year median, the peer median is kept between 8 and 30. Fair value is the average of the cash-flow value and the earnings value when both exist. Card and credit companies use the earnings value only, because changes in customer receivables distort free cash flow. Model uncertainty is high when fair value is more than 60% from the price, or when most of the cash-flow value sits after year 10.
Model uncertainty high for this stock
Earnings
| Date | EPS actual | EPS estimate | Revenue | Revenue estimate |
|---|---|---|---|---|
| 2027-02-03 | — | 4.97 | — | 717.49M |
| 2026-10-28 | 6.13 | 5.68 | 780.10M | 749.74M |
| 2026-07-22 | 5.35 | 5.08 | 753.50M | 740.72M |
| 2026-04-22 | 4.15 | 4.08 | 673.80M | 671.82M |
| 2026-02-04 | 4.11 | 3.91 | 672.90M | 660.74M |
| 2025-10-29 | 4.59 | 4.45 | 691.80M | 659.21M |
| 2025-07-23 | 3.95 | 3.69 | 659.60M | 667.76M |
| 2025-04-30 | 3.51 | 3.40 | 636.60M | 632.49M |
| 2025-02-05 | 3.57 | 3.56 | 636.50M | 634.59M |
| 2024-10-24 | 4.35 | 4.42 | 665.50M | 635.64M |
| 2024-07-25 | 3.91 | 3.80 | 673.50M | 679.82M |
| 2024-04-25 | 3.46 | 3.47 | 652.70M | 654.70M |
| 2024-02-08 | 3.82 | 3.72 | 663.30M | 653.13M |
| 2023-10-26 | 4.05 | 3.77 | 651.40M | 643.02M |
| 2023-07-27 | 3.63 | 3.51 | 621.30M | 621.30M |
| 2023-04-27 | 3.31 | 3.20 | 612.00M | 604.18M |
| 2023-02-09 | 3.44 | 3.21 | 618.61M | 573.90M |
| 2022-10-27 | 3.51 | 3.43 | 616.10M | 585.35M |
| 2022-07-28 | 3.71 | 3.42 | 598.20M | 570.55M |
| 2022-04-28 | 2.88 | 2.71 | 517.50M | 504.90M |
| 2022-02-10 | 2.58 | 2.46 | 497.54M | 483.24M |
| 2021-10-28 | 2.45 | 2.29 | 482.76M | 473.73M |
| 2021-07-29 | 2.31 | 1.99 | 459.48M | 436.14M |
| 2021-04-29 | 1.79 | 1.60 | 410.76M | 407.49M |
| 2021-02-24 | 1.45 | 1.46 | 398.99M | 386.97M |
| 2020-10-29 | 1.59 | 1.75 | 382.12M | 410.95M |
| 2020-07-30 | 1.21 | 1.38 | 347.08M | 395.85M |
| 2020-05-07 | 1.81 | 2.05 | 431.68M | 488.92M |
| 2020-02-13 | 2.61 | 2.56 | 440.05M | 431.62M |
| 2019-10-31 | 2.59 | 2.59 | 459.96M | 459.96M |
| 2019-08-01 | 2.28 | 2.26 | 441.81M | 439.87M |
| 2019-05-02 | 1.72 | 1.69 | 381.88M | 375.22M |
| 2019-03-20 | 2.11 | 2.09 | 384.24M | 382.42M |
| 2018-10-31 | 2.19 | 2.12 | 386.62M | 370.46M |
| 2018-08-02 | 2.09 | 2.04 | 370.80M | 363.78M |
| 2018-05-03 | 1.81 | 1.72 | 354.03M | 339.15M |
| 2018-02-21 | 1.49 | 1.46 | 331.31M | 324.63M |
| 2017-11-01 | 1.43 | 1.40 | 324.00M | 319.47M |
| 2017-07-27 | 1.26 | 1.25 | 303.88M | 301.47M |
| 2017-04-27 | 1.23 | 1.22 | 291.36M | 286.62M |
Dividends
Yield 0.00%. Payout ratio 0.00%. Frequency —.
Safety score 37/100 · Watch. Payout ratio is 0% of earnings. Free-cash-flow coverage is not available, so this part stays neutral. No dividend history was found. There is no dividend yield.
| Ex-date | Dividend | Record | Payment | Frequency |
|---|---|---|---|---|
| No data yet. | ||||
Insider trades
| Date | Insider | Action | Shares | Price | Value |
|---|---|---|---|---|---|
| 2026-10-05 | Deshaies Robert Joseph | Sell | 98 | $169.81 | 16.64K |
| 2026-10-05 | Deshaies Robert Joseph | Sell | 48 | $171.30 | 8.22K |
| 2026-10-05 | Deshaies Robert Joseph | Sell | 602 | $172.63 | 103.92K |
| 2026-10-05 | Deshaies Robert Joseph | Sell | 549 | $173.54 | 95.27K |
| 2026-10-05 | Deshaies Robert Joseph | Sell | 615 | $174.94 | 107.59K |
| 2026-10-05 | Deshaies Robert Joseph | Sell | 88 | $175.71 | 15.46K |
| 2026-09-30 | Adams Kurt Patrick | Buy | 125 | — | — |
| 2026-09-30 | GROCH JAMES R | Buy | 155 | — | — |
| 2026-09-30 | Wolfe Lauren Taylor | Buy | 125 | — | — |
| 2026-09-30 | Callahan Don | Buy | 155 | — | — |
| 2026-09-14 | Dearborn Joel Alan JR | Buy | 843 | $104.95 | 88.47K |
| 2026-09-14 | Dearborn Joel Alan JR | Sell | 843 | $200.00 | 168.60K |
| 2026-09-14 | Dearborn Joel Alan JR | Sell | 843 | $104.95 | 88.47K |
| 2026-09-01 | Smith Melissa D | Buy | 4.92K | $99.69 | 490.67K |
| 2026-09-01 | Smith Melissa D | Sell | 180 | $186.48 | 33.57K |
| 2026-09-01 | Smith Melissa D | Buy | 23.19K | $104.95 | 2.43M |
| 2026-09-01 | Smith Melissa D | Sell | 9.24K | $189.12 | 1.75M |
| 2026-09-01 | Smith Melissa D | Sell | 7.58K | $189.87 | 1.44M |
| 2026-09-01 | Smith Melissa D | Sell | 11.11K | $191.11 | 2.12M |
| 2026-09-01 | Smith Melissa D | Sell | 23.19K | $104.95 | 2.43M |
| 2026-09-01 | Smith Melissa D | Sell | 4.92K | $99.69 | 490.67K |
| 2026-08-04 | Carriedo Carlos | Sell | 1.07K | $186.00 | 199.95K |
| 2026-07-30 | Deshaies Robert Joseph | Sell | 1.00K | $184.95 | 184.95K |
| 2026-07-27 | Drew Ann Elena | Sell | 3.40K | $176.02 | 598.47K |
| 2026-07-27 | Kimball Jennifer | Sell | 1.18K | $176.55 | 208.86K |
| 2026-07-06 | Deshaies Robert Joseph | Sell | 48 | $143.46 | 6.89K |
| 2026-07-06 | Deshaies Robert Joseph | Sell | 227 | $145.84 | 33.11K |
| 2026-07-06 | Deshaies Robert Joseph | Sell | 135 | $146.90 | 19.83K |
| 2026-07-06 | Deshaies Robert Joseph | Sell | 265 | $147.92 | 39.20K |
| 2026-07-06 | Deshaies Robert Joseph | Sell | 1.32K | $149.26 | 196.58K |
| 2026-07-06 | Deshaies Robert Joseph | Sell | 8 | $149.77 | 1.20K |
| 2026-06-30 | Wolfe Lauren Taylor | Buy | 79 | — | — |
| 2026-06-30 | GROCH JAMES R | Buy | 186 | — | — |
| 2026-06-30 | Callahan Don | Buy | 186 | — | — |
| 2026-06-30 | Adams Kurt Patrick | Buy | 79 | — | — |
| 2026-06-17 | Trickett Sara | Buy | 75 | — | — |
| 2026-06-17 | Trickett Sara | Sell | 23 | $131.27 | 3.02K |
| 2026-06-17 | Trickett Sara | Buy | 98 | — | — |
| 2026-06-17 | Trickett Sara | Sell | 29 | $131.27 | 3.81K |
| 2026-06-17 | Trickett Sara | Sell | 75 | — | — |
| 2026-06-17 | Trickett Sara | Sell | 98 | — | — |
| 2026-06-17 | Carriedo Carlos | Buy | 391 | — | — |
| 2026-06-17 | Carriedo Carlos | Sell | 174 | $131.27 | 22.84K |
| 2026-06-17 | Carriedo Carlos | Sell | 391 | — | — |
| 2026-05-28 | Deshaies Robert Joseph | Sell | 1.20K | $144.84 | 173.81K |
| 2026-05-18 | GROCH JAMES R | Buy | 1.50K | $142.95 | 214.42K |
| 2026-05-15 | Roman Derrick A. | Buy | 1.57K | — | — |
| 2026-05-15 | Roman Derrick A. | Sell | 1.57K | — | — |
| 2026-05-15 | Cardwell Aimee | Buy | 1.57K | — | — |
| 2026-05-15 | Cardwell Aimee | Sell | 1.57K | — | — |
| 2026-05-15 | Sobbott Susan | Buy | 1.57K | — | — |
| 2026-05-15 | Sobbott Susan | Sell | 1.57K | — | — |
| 2026-05-15 | Smith Stephen Montgomery | Buy | 1.57K | — | — |
| 2026-05-15 | Smith Stephen Montgomery | Sell | 1.57K | — | — |
| 2026-05-15 | Callahan Don | Buy | 1.57K | — | — |
| 2026-05-15 | Callahan Don | Sell | 1.57K | — | — |
| 2026-05-15 | GROCH JAMES R | Buy | 1.57K | — | — |
| 2026-05-15 | GROCH JAMES R | Sell | 1.57K | — | — |
| 2026-05-14 | Wolfe Lauren Taylor | Buy | 2.35K | — | — |
| 2026-05-14 | Wolfe Lauren Taylor | Other | 0 | — | — |
| 2026-05-14 | Foss David B | Buy | 2.35K | — | — |
| 2026-05-14 | Alemany Ellen R | Buy | 2.35K | — | — |
| 2026-05-14 | Roman Derrick A. | Buy | 1.60K | — | — |
| 2026-05-14 | Cardwell Aimee | Buy | 1.60K | — | — |
| 2026-05-14 | Adams Kurt Patrick | Buy | 2.35K | — | — |
| 2026-05-14 | Sobbott Susan | Buy | 1.60K | — | — |
| 2026-05-14 | Smith Stephen Montgomery | Buy | 1.60K | — | — |
| 2026-05-14 | Callahan Don | Buy | 1.60K | — | — |
| 2026-05-14 | GROCH JAMES R | Buy | 1.60K | — | — |
| 2026-05-14 | Alemany Ellen R | Other | 0 | — | — |
| 2026-05-14 | Adams Kurt Patrick | Other | 0 | — | — |
| 2026-04-16 | Dearborn Joel Alan JR | Sell | 3.50K | $175.00 | 612.50K |
| 2026-04-01 | Dearborn Joel Alan JR | Sell | 73 | $147.93 | 10.80K |
| 2026-04-01 | Dearborn Joel Alan JR | Sell | 93 | $148.70 | 13.83K |
| 2026-04-01 | Dearborn Joel Alan JR | Sell | 341 | $150.32 | 51.26K |
| 2026-04-01 | Dearborn Joel Alan JR | Sell | 168 | $151.14 | 25.39K |
| 2026-04-01 | Dearborn Joel Alan JR | Sell | 675 | $152.42 | 102.88K |
| 2026-04-01 | Dearborn Joel Alan JR | Sell | 2.15K | $152.71 | 328.33K |
| 2026-03-31 | Callahan Don | Buy | 171 | — | — |
| 2026-03-31 | GROCH JAMES R | Buy | 171 | — | — |
| 2026-03-19 | Kimball Jennifer | Sell | 104 | $147.66 | 15.36K |
| 2026-03-17 | Drew Ann Elena | Buy | 533 | — | — |
| 2026-03-17 | Drew Ann Elena | Sell | 237 | $156.79 | 37.16K |
| 2026-03-17 | Drew Ann Elena | Buy | 506 | — | — |
| 2026-03-17 | Drew Ann Elena | Sell | 225 | $156.79 | 35.28K |
| 2026-03-17 | Drew Ann Elena | Sell | 506 | — | — |
| 2026-03-17 | Drew Ann Elena | Sell | 533 | — | — |
| 2026-03-17 | Trickett Sara | Buy | 533 | — | — |
| 2026-03-17 | Trickett Sara | Sell | 237 | $156.79 | 37.16K |
| 2026-03-17 | Trickett Sara | Buy | 506 | — | — |
| 2026-03-17 | Trickett Sara | Sell | 149 | $156.79 | 23.36K |
| 2026-03-17 | Trickett Sara | Sell | 506 | — | — |
| 2026-03-17 | Trickett Sara | Sell | 533 | — | — |
| 2026-03-17 | Carriedo Carlos | Buy | 1.77K | — | — |
| 2026-03-17 | Carriedo Carlos | Sell | 786 | $156.79 | 123.24K |
| 2026-03-17 | Carriedo Carlos | Sell | 1.77K | — | — |
| 2026-03-17 | Deshaies Robert Joseph | Buy | 711 | — | — |
| 2026-03-17 | Deshaies Robert Joseph | Sell | 353 | $156.79 | 55.35K |
| 2026-03-17 | Deshaies Robert Joseph | Buy | 675 | — | — |
| 2026-03-17 | Deshaies Robert Joseph | Sell | 335 | $156.79 | 52.52K |
Institutional holders
Latest filed quarter: Q2 2026.
Institutions holding: 430, holders -14 vs prior quarter. Ownership 116.46%.
| Holder | Shares | Change | Change % | Value |
|---|---|---|---|---|
| JUPITER TOPCO LLC | 3.97M | 3.97M | New | 559.71M |
| BLACKROCK, INC. | 3.17M | 61.56K | +1.98% | 446.83M |
| PAR CAPITAL MANAGEMENT INC | 2.25M | 0 | 0.00% | 318.16M |
| MORGAN STANLEY | 1.95M | -150.97K | -7.19% | 275.03M |
| FMR LLC | 1.80M | 576.08K | +47.02% | 254.16M |
| IMPACTIVE CAPITAL LP | 1.71M | 0 | 0.00% | 240.88M |
| VANGUARD CAPITAL MANAGEMENT LLC | 1.51M | -28.83K | -1.87% | 213.56M |
| BOSTON PARTNERS | 1.49M | -167.75K | -10.10% | 210.78M |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 1.43M | -52.84K | -3.56% | 201.87M |
| STATE STREET CORP | 1.13M | 41.81K | +3.83% | 159.89M |
| EARNEST PARTNERS LLC | 857.37K | -25.63K | -2.90% | 120.97M |
| BANK OF AMERICA CORP /DE/ | 815.70K | -7.99K | -0.97% | 115.09M |
| GEODE CAPITAL MANAGEMENT, LLC | 671.58K | 15.74K | +2.40% | 110.40M |
| LYRICAL ASSET MANAGEMENT LP | 770.52K | 9.59K | +1.26% | 108.71M |
| DIMENSIONAL FUND ADVISORS LP | 733.56K | 47.42K | +6.91% | 103.48M |
| TURTLE CREEK ASSET MANAGEMENT INC. | 728.09K | 58.75K | +8.78% | 102.73M |
| CITADEL ADVISORS LLC | 582.79K | 307.96K | +112.06% | 82.23M |
| SEI INVESTMENTS CO | 549.63K | -47.97K | -8.03% | 77.55M |
| CAPITAL WORLD INVESTORS | 547.68K | 336.44K | +159.27% | 77.27M |
| SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. | 487.58K | 487.58K | New | 68.79M |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 487.58K | 9.03K | +1.89% | 68.79M |
| SNYDER CAPITAL MANAGEMENT L P | 466.24K | 95.58K | +25.79% | 65.78M |
| NEW SOUTH CAPITAL MANAGEMENT INC | 444.62K | 195.86K | +78.73% | 62.73M |
| RIVER ROAD ASSET MANAGEMENT, LLC | 424.92K | -51.16K | -10.75% | 59.95M |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC | 386.98K | 150.38K | +63.56% | 54.60M |
Forecast
Consensus Hold from 15 analysts. Average price target $185.00, +0.7% versus the current price. Low $160.00. High $209.00.
Insights · Dividends · Forecast · Financials · Learn