WEX (NYSE:WEX) releases quarterly earnings results, beats expectations by $0.45 EPS. October 28, 2026 Key points. * WEX beat quarterly expectations: Adjusted EPS was $6.13, $0.45 above consensus, while revenue rose 12.8% year over year to $780.1 million. * Management raised full-year 2026 guidance for revenue to $2.97-$2.99 billion and adjusted net income to $736-$743 million. Growth was led by a 20.6% increase in Mobility revenue and an 18.5% rise in total payment volume. * Investor sentiment is mixed: WEX repurchased about $200 million of stock and announced an AI partnership, but recent insider selling and an average analyst rating of "Hold" temper the outlook. * MarketBeat previews top five stocks to own in November. WEX (NYSE:WEX - Get Free Report) announced its earnings results on Wednesday. The business services provider reported $6.13 EPS for the quarter, beating the consensus estimate of $5.68 by $0.45, FiscalAI reports. The business had revenue of $780.10 million for the quarter, compared to analysts' expectations of $749.74 million. WEX had a return on equity of 43.19% and a net margin of 12.56%. WEX stock performance. Shares of NYSE:WEX traded up $2.20 during mid-day trading on Wednesday, reaching $188.58. The company had a trading volume of 946,830 shares, compared to its average volume of 571,597. The firm has a market cap of $6.43 billion, a price-to-earnings ratio of 18.78, a PEG ratio of 1.01 and a beta of 0.84. The company's 50-day moving average price is $186.67 and its 200-day moving average price is $164.17. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 2.62. WEX has a one year low of $125.29 and a one year high of $203.99. WEX news summary. Here are the key news stories impacting WEX this week: * Quarterly results exceeded expectations. WEX reported adjusted earnings of $6.13 per share, up from $4.59 a year earlier and above the $5.67-$5.68 analyst consensus. Revenue increased 12.8% year over year to $780.1 million, surpassing estimates of approximately $749.7 million. * Management raised 2026 guidance. Full-year revenue guidance increased to $2.97 billion-$2.99 billion, while adjusted net income guidance rose to $736 million-$743 million, or $21.28-$21.48 per diluted share. Fourth-quarter revenue is expected to be $760 million-$780 million. * Growth was broad, led by Mobility. Mobility revenue rose 20.6% to $435.1 million, Benefits revenue increased 4.8% to $207.6 million, and Corporate Payments revenue grew 3.5% to $137.4 million. Total payment volume climbed 18.5% to $78.5 billion, while operating margin reached 30.6%. * Shareholder returns supported sentiment. WEX repurchased roughly $200 million of stock during the quarter and another $75 million through October 26, signaling management's confidence and helping support per-share results. * New AI partnership adds a potential growth catalyst. WEX and Euclid announced agentic AI tools aimed at improving trucking operations, potentially strengthening WEX's position in commercial mobility payments. * Options activity and valuation commentary suggest heightened investor interest, but neither provides a definitive indication of future performance. * Insiders have been net sellers, including multiple sales by executives, which may raise caution even though one insider purchase was reported. * Morgan Stanley raised its price target to $178 but maintained an "equal weight" rating; the target remains below the recent market level, implying limited near-term upside in the firm's view. Insider buying and selling at WEX. In related news, CEO Melissa Smith sold 28,109 shares of WEX stock in a transaction that occurred on Tuesday, September 1st. The shares were sold at an average price of $190.09, for a total value of $5,343,239.81. Following the completion of the transaction, the chief executive officer directly owned 126,625 shares in the company, valued at approximately $24,070,146.25. The trade was a 18.17% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Robert Deshaies sold 2,000 shares of WEX stock in a transaction dated Monday, October 5th. The shares were sold at an average price of $173.56, for a total value of $347,120.00. Following the transaction, the chief operating officer directly owned 17,288 shares of the company's stock, valued at $3,000,505.28. The trade was a 10.37% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders sold 35,527 shares of company stock worth $6,743,860. 1.40% of the stock is currently owned by company insiders. Analysts set New price targets. Several brokerages have recently commented on WEX. Morgan Stanley raised their price objective on shares of WEX from $172.00 to $178.00 and gave the stock an "equal weight" rating in a research report on Tuesday. Deutsche Bank Aktiengesellschaft reaffirmed a "hold" rating on shares of WEX in a research note on Thursday, September 24th. Keefe, Bruyette & Woods increased their price target on WEX from $200.00 to $210.00 and gave the stock an "outperform" rating in a report on Friday, July 24th. Evercore upgraded WEX to an "outperform" rating in a report on Tuesday, July 21st. Finally, Cantor Fitzgerald set a $178.00 price objective on WEX in a report on Monday, July 27th. Five research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company. Based on data from MarketBeat, WEX presently has an average rating of "Hold" and a consensus price target of $187.00. WEX company profile. WEX Inc NYSE: WEX is a financial technology company that provides payment-processing and business-management solutions. Its products are designed to help organizations manage corporate spending, employee benefits and mobility-related expenses through specialized payment accounts, software and data tools. WEX's mobility business serves commercial vehicle fleets with fuel cards, fleet-payment programs, expense controls, telematics integrations and related solutions. The company also supports emerging mobility needs, including electric-vehicle charging payments. Further reading. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. Before you consider WEX, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and WEX wasn't on the list. While WEX currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys. Looking for higher dividend income in 2027? Discover seven high-yield dividend stocks with attractive payouts, proven dividend histories and growth potential. Continue following MarketBeat

WEX and Euclid AI announce AI agents for trucking operations. Published on 10/27/2026 at 02:05 pm EDT S&P Capital IQ WEX and Euclid AI announced an agreement to bring AI agents to WEX over-the-road customers. Through the agreement, WEX and Euclid AI will work jointly to help WEX customers save time and money by embedding agentic AI at scale across their businesses. AI has become a business imperative for fleet operators. Carriers operate on thin margins, and allocating expensive resources to processing paperwork, staying compliant, and keeping drivers and customers informed is being streamlined via AI. In production deployments, Euclid?s AI agents have enabled each fleet manager to handle five to 10 times more work and have lowered cost per transaction by 80 to 90 percent, allowing carriers to scale without adding costs. Euclid AI started where automation can?t afford mistakes: asset-based trucking and compliance. The platform?s purpose-built Precision Agents automate operations from start to finish. Some of Euclid AI offerings embed agents into the following workflows: Document processing? Read, extract, validate, and file the documents that drive trucking operations, such as bills of lading, proof of delivery, driver qualification, and compliance paperwork; Communications? Handle the calls, emails, and messages needed to keep loads, drivers, and customers aligned, including status updates, follow-ups, and document requests; End-to-end workflow? Run multi-step processes from start to finish, such as load documentation through billing or compliance renewals. (C) S&P Capital IQ - 2026

WEX (NYSE: WEX), a global payment solutions company, has agreed with Euclid AI to bring AI agents to WEX's over-the-road (OTR) trucking customers. The two companies announced the deal on October 27, 2026. Euclid AI builds agents that automate trucking back-office work, including document processing, driver and customer communications, and compliance. In production deployments, they let each fleet manager handle five to 10 times more work and cut cost per transaction by 80% to 90%, according to Euclid. "Our customers are looking for practical ways to take cost and complexity out of running a fleet," said Tim Hampton, senior vice president and general manager of WEX Over-the-Road. WEX and Euclid are independent, non-affiliated companies.