WEX (WEX) Stock Forecast, Price Target & Predictions
WEX Stock Forecast
WEX stock forecast is as follows: an average price target of $216.64 (represents a 9.02% upside from WEX’s last price of $198.71) and a rating consensus of 'Hold', based on 6 wall street analysts offering a 1-year stock forecast.
WEX Price Target
The average price target for WEX (WEX) is $216.64 based on 1-year price targets from 6 Wall Street analysts in the past 3 months, with a price target range of $285.00 to $155.00. This represents a potential 9.02% upside from WEX's last price of $198.71.
WEX Analyst Ratings
According to 6 Wall Street analysts, WEX's rating consensus is 'Hold'. The analyst rating breakdown for WEX stock is 0 'Strong Buy' (0.00%), 2 'Buy' (33.33%), 4 'Hold' (66.67%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
WEX Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Jul 29, 2024 | Dan Dolev | Mizuho Securities | $206.00 | $186.70 | 10.34% | 3.67% |
| Apr 17, 2024 | Nate Svensson | Deutsche Bank | $235.00 | $233.52 | 0.63% | 18.26% |
| Apr 15, 2024 | David Koning | Robert W. Baird | $285.00 | $235.88 | 20.82% | 43.43% |
| Apr 12, 2024 | Trevor Williams | Williams Trading | $240.00 | $239.12 | 0.37% | 20.78% |
| Oct 31, 2022 | Nik Cremo | Credit Suisse | $195.00 | $164.19 | 18.76% | -1.87% |
| Sep 15, 2022 | - | Barclays | $211.00 | $153.58 | 37.39% | 6.18% |
| Sep 08, 2022 | - | Wells Fargo | $194.00 | $151.59 | 27.98% | -2.37% |
| Aug 01, 2022 | - | Barclays | $220.00 | $166.21 | 32.36% | 10.71% |
| Aug 01, 2022 | Dan Dolev | Mizuho Securities | $220.00 | $166.21 | 32.36% | 10.71% |
| Jul 29, 2022 | - | Truist Financial | $185.00 | $165.91 | 11.51% | -6.90% |
The latest WEX stock forecast, released on Jul 29, 2024 by Dan Dolev from Mizuho Securities, set a price target of $206.00, which represents a 10.34% increase from the stock price at the time of the forecast ($186.70), and a 3.67% increase from WEX last price ($198.71).
WEX Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 4 |
| Avg Price Target | - | $206.00 | $241.50 |
| Last Closing Price | $198.71 | $198.71 | $198.71 |
| Upside/Downside | -100.00% | 3.67% | 21.53% |
In the current month, the average price target of WEX stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to WEX's last price of $198.71. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Jun 05, 2024 | Wells Fargo | Overweight | Equal-Weight | Initialise |
| Apr 17, 2024 | Deutsche Bank | Hold | Hold | Hold |
| Apr 16, 2024 | Citigroup | Buy | Buy | Hold |
| Apr 16, 2024 | Barclays | Overweight | Overweight | Hold |
| Apr 12, 2024 | Jefferies | Hold | Hold | Hold |
| Oct 31, 2022 | Barclays | Overweight | Overweight | Hold |
| Oct 31, 2022 | Credit Suisse | Neutral | Neutral | Hold |
| Sep 08, 2022 | Wells Fargo | Overweight | Overweight | Hold |
| Aug 01, 2022 | Credit Suisse | Neutral | Neutral | Hold |
| Jul 19, 2022 | Barclays | Overweight | Overweight | Hold |
WEX's last stock rating was published by Wells Fargo on Jun 05, 2024. The company Initialise its WEX rating from "Overweight" to "Equal-Weight".
WEX Financial Forecast
WEX Revenue Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $651.40M | $621.30M | $612.00M | $618.61M | $616.13M | - | $517.53M | $497.54M | $482.76M | $459.48M | $410.76M | $398.99M | $382.12M |
| Avg Forecast | $829.00M | $836.00M | $809.00M | $801.00M | $783.13M | $790.29M | $765.16M | $747.20M | $724.81M | $734.61M | $709.98M | $694.30M | $683.32M | $693.89M | $679.84M | $652.50M | $650.62M | $641.96M | $618.66M | $598.70M | $573.90M | $585.35M | $570.55M | $504.90M | $483.24M | $480.11M | $434.66M | $413.05M | $385.09M | $395.59M |
| High Forecast | $835.34M | $842.39M | $815.19M | $807.13M | $789.12M | $796.34M | $771.01M | $752.91M | $730.35M | $740.22M | $715.41M | $699.61M | $688.55M | $695.20M | $685.04M | $657.49M | $658.25M | $654.65M | $623.39M | $603.28M | $578.29M | $589.82M | $570.55M | $514.40M | $492.33M | $489.14M | $442.83M | $420.82M | $392.33M | $403.03M |
| Low Forecast | $823.71M | $830.67M | $803.84M | $795.89M | $778.14M | $785.25M | $760.28M | $742.44M | $720.19M | $729.92M | $705.45M | $689.87M | $678.96M | $692.83M | $675.51M | $648.34M | $644.03M | $633.96M | $614.71M | $594.88M | $570.24M | $581.62M | $570.55M | $497.65M | $476.29M | $473.21M | $428.41M | $407.12M | $379.56M | $389.91M |
| # Analysts | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 8 | 8 | 8 | 8 | 9 | 10 | 9 | 4 | 8 | 12 | 9 | 9 | 5 | 5 | 5 | 5 | 6 | 6 | 6 | 9 | 10 | 16 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.01% | 1.00% | 1.02% | 1.08% | 1.05% | - | 1.03% | 1.03% | 1.01% | 1.06% | 0.99% | 1.04% | 0.97% |
WEX's average Quarter revenue forecast for Dec 23 based on 8 analysts is $650.62M, with a low forecast of $644.03M, and a high forecast of $658.25M. WEX's average Quarter revenue forecast represents a -0.12% decrease compared to the company's last Quarter revenue of $651.40M (Sep 23).
WEX EBITDA Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 8 | 8 | 8 | 8 | 9 | 10 | 9 | 4 | 8 | 12 | 9 | 9 | 5 | 5 | 5 | 5 | 6 | 6 | 6 | 9 | 10 | 16 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $216.90M | $100.60M | $195.90M | $194.96M | $196.63M | - | $162.73M | $139.71M | $168.68M | $64.73M | $95.90M | $-128.77M | $62.23M |
| Avg Forecast | $245.14M | $247.21M | $239.23M | $236.86M | $231.58M | $233.70M | $226.26M | $220.95M | $214.33M | $217.23M | $209.95M | $205.31M | $202.06M | $205.19M | $201.04M | $264.20M | $192.40M | $189.83M | $182.94M | $240.18M | $169.71M | $170.83M | $168.72M | $218.34M | $126.94M | $155.30M | $58.07M | $88.39M | $-129.66M | $66.59M |
| High Forecast | $247.02M | $249.10M | $241.06M | $238.68M | $233.35M | $235.48M | $228.00M | $222.64M | $215.97M | $218.89M | $211.55M | $206.88M | $203.61M | $205.58M | $202.57M | $317.04M | $194.65M | $193.59M | $184.34M | $288.21M | $171.00M | $205.00M | $168.72M | $262.01M | $152.33M | $186.36M | $69.68M | $106.06M | $-103.72M | $79.91M |
| Low Forecast | $243.58M | $245.64M | $237.70M | $235.35M | $230.10M | $232.21M | $224.82M | $219.55M | $212.97M | $215.85M | $208.61M | $204.00M | $200.78M | $204.88M | $199.76M | $211.36M | $190.45M | $187.47M | $181.78M | $192.14M | $168.63M | $136.67M | $168.72M | $174.68M | $101.55M | $124.24M | $46.46M | $70.71M | $-155.59M | $53.28M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.14% | 0.55% | 0.82% | 1.15% | 1.15% | - | 0.75% | 1.10% | 1.09% | 1.11% | 1.08% | 0.99% | 0.93% |
8 analysts predict WEX's average Quarter EBITDA for Dec 23 to be $192.40M, with a high of $194.65M and a low of $190.45M. This is -11.30% lower than WEX's previous annual EBITDA (Sep 23) of $216.90M.
WEX Net Income Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 8 | 8 | 8 | 8 | 9 | 10 | 9 | 4 | 8 | 12 | 9 | 9 | 5 | 5 | 5 | 5 | 6 | 6 | 6 | 9 | 10 | 16 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $18.40M | $95.30M | $68.00M | $88.69M | $-44.15M | - | $88.79M | $50.86M | $48.32M | $-33.86M | $-2.56M | $-234.20M | $-65.84M |
| Avg Forecast | $241.92M | $264.18M | $243.18M | $240.24M | $229.02M | $233.90M | $218.39M | $207.48M | $202.18M | $208.68M | $187.26M | $177.27M | $183.31M | $186.46M | $159.82M | $138.05M | $155.94M | $158.24M | $147.65M | $125.50M | $135.20M | $48.94M | $147.12M | $114.09M | $-10.69M | $44.49M | $-30.37M | $-2.36M | $-235.80M | $-70.46M |
| High Forecast | $244.33M | $266.81M | $245.60M | $242.63M | $231.29M | $236.23M | $220.56M | $209.54M | $204.19M | $210.76M | $189.12M | $179.04M | $185.14M | $188.54M | $161.41M | $165.66M | $162.64M | $162.45M | $149.12M | $150.60M | $136.54M | $58.72M | $147.12M | $136.91M | $-8.55M | $53.38M | $-24.30M | $-1.89M | $-188.64M | $-56.37M |
| Low Forecast | $239.91M | $261.99M | $241.16M | $238.25M | $227.12M | $231.96M | $216.58M | $205.76M | $200.51M | $206.96M | $185.71M | $175.81M | $181.80M | $185.20M | $158.50M | $110.44M | $153.00M | $155.71M | $146.42M | $100.40M | $134.08M | $39.15M | $147.12M | $91.27M | $-12.82M | $35.59M | $-36.45M | $-2.84M | $-282.96M | $-84.55M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.12% | 0.65% | 0.54% | 0.66% | -0.90% | - | 0.78% | -4.76% | 1.09% | 1.11% | 1.08% | 0.99% | 0.93% |
WEX's average Quarter net income forecast for Dec 23 is $155.94M, with a range of $153.00M to $162.64M. WEX's average Quarter net income forecast represents a 747.48% increase compared to the company's last Quarter net income of $18.40M (Sep 23).
WEX SG&A Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 8 | 8 | 8 | 8 | 9 | 10 | 9 | 4 | 8 | 12 | 9 | 9 | 5 | 5 | 5 | 5 | 6 | 6 | 6 | 9 | 10 | 16 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $199.40M | $185.10M | $168.80M | $171.82M | $167.39M | - | $152.61M | $154.32M | $161.71M | $165.15M | $164.78M | $173.24M | $137.72M |
| Avg Forecast | $270.07M | $272.35M | $263.56M | $260.95M | $255.13M | $257.46M | $249.27M | $243.42M | $236.13M | $239.32M | $231.30M | $226.19M | $222.61M | $226.06M | $221.48M | $171.61M | $211.96M | $209.14M | $201.55M | $156.01M | $186.97M | $163.78M | $185.87M | $141.83M | $140.22M | $148.89M | $148.16M | $151.87M | $174.43M | $147.39M |
| High Forecast | $272.14M | $274.44M | $265.57M | $262.95M | $257.08M | $259.43M | $251.18M | $245.29M | $237.94M | $241.15M | $233.07M | $227.92M | $224.32M | $226.48M | $223.17M | $205.94M | $214.45M | $213.27M | $203.09M | $187.21M | $188.40M | $196.53M | $185.87M | $170.19M | $168.27M | $178.67M | $177.79M | $182.25M | $209.32M | $176.87M |
| Low Forecast | $268.35M | $270.62M | $261.88M | $259.29M | $253.50M | $255.82M | $247.69M | $241.87M | $234.63M | $237.80M | $229.82M | $224.75M | $221.19M | $225.71M | $220.07M | $137.29M | $209.81M | $206.53M | $200.26M | $124.81M | $185.77M | $131.02M | $185.87M | $113.46M | $112.18M | $119.11M | $118.53M | $121.50M | $139.54M | $117.91M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.95% | 0.92% | 1.08% | 0.92% | 1.02% | - | 1.08% | 1.10% | 1.09% | 1.11% | 1.08% | 0.99% | 0.93% |
WEX's average Quarter SG&A projection for Dec 23 is $211.96M, based on 8 Wall Street analysts, with a range of $209.81M to $214.45M. The forecast indicates a 6.30% rise compared to WEX last annual SG&A of $199.40M (Sep 23).
WEX EPS Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 8 | 8 | 8 | 8 | 9 | 10 | 9 | 4 | 8 | 12 | 9 | 9 | 5 | 5 | 5 | 5 | 6 | 6 | 6 | 9 | 10 | 16 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.43 | $2.22 | $1.58 | $2.03 | $-1.00 | - | $1.98 | $1.13 | $1.08 | $-0.76 | $-0.06 | $-5.30 | $-1.49 |
| Avg Forecast | $5.76 | $6.29 | $5.79 | $5.72 | $5.45 | $5.57 | $5.20 | $4.94 | $4.81 | $4.97 | $4.46 | $4.22 | $4.36 | $4.44 | $3.81 | $3.49 | $3.71 | $3.77 | $3.52 | $3.20 | $3.22 | $3.42 | $3.47 | $2.70 | $2.45 | $2.28 | $1.95 | $1.67 | $1.46 | $1.72 |
| High Forecast | $5.82 | $6.35 | $5.85 | $5.78 | $5.51 | $5.62 | $5.25 | $4.99 | $4.86 | $5.02 | $4.50 | $4.26 | $4.41 | $4.49 | $3.84 | $3.52 | $3.87 | $3.87 | $3.55 | $3.24 | $3.25 | $3.46 | $3.47 | $2.76 | $2.51 | $2.34 | $2.00 | $1.71 | $1.50 | $1.77 |
| Low Forecast | $5.71 | $6.24 | $5.74 | $5.67 | $5.41 | $5.52 | $5.16 | $4.90 | $4.77 | $4.93 | $4.42 | $4.19 | $4.33 | $4.41 | $3.77 | $3.46 | $3.64 | $3.71 | $3.49 | $3.18 | $3.19 | $3.40 | $3.47 | $2.65 | $2.40 | $2.24 | $1.92 | $1.64 | $1.44 | $1.69 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.11% | 0.63% | 0.49% | 0.63% | -0.29% | - | 0.73% | 0.46% | 0.47% | -0.39% | -0.04% | -3.62% | -0.86% |
According to 8 Wall Street analysts, WEX's projected average Quarter EPS for Dec 23 is $3.71, with a low estimate of $3.64 and a high estimate of $3.87. This represents a 763.43% increase compared to WEX previous annual EPS of $0.43 (Sep 23).
WEX Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| STER | Sterling Check | $16.62 | $26.00 | 56.44% | Buy |
| VRSN | VeriSign | $182.81 | $254.00 | 38.94% | Buy |
| QLYS | Qualys | $126.22 | $147.14 | 16.57% | Buy |
| EVCM | EverCommerce | $10.69 | $12.29 | 14.97% | Buy |
| NTCT | NetScout Systems | $19.56 | $22.00 | 12.47% | Hold |
| CCSI | Consensus Cloud Solutions | $22.53 | $25.00 | 10.96% | Buy |
| CSGS | CSG Systems | $46.93 | $52.00 | 10.80% | Buy |
| WEX | WEX | $198.71 | $216.64 | 9.02% | Hold |
| FLT | Corpay | $303.26 | $296.71 | -2.16% | Buy |
| SQSP | Squarespace | $46.26 | $39.45 | -14.72% | Hold |
| EVTC | EVERTEC | $33.38 | $28.00 | -16.12% | Sell |
WEX Forecast FAQ
Is WEX a good buy?
No, according to 6 Wall Street analysts, WEX (WEX) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 2 'Buy' recommendations, accounting for 33.33% of WEX's total ratings.
What is WEX's price target?
WEX (WEX) average price target is $216.64 with a range of $155 to $285, implying a 9.02% from its last price of $198.71. The data is based on 6 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will WEX stock go up soon?
According to Wall Street analysts' prediction for WEX stock, the company can go up by 9.02% (from the last price of $198.71 to the average price target of $216.64), up by 43.43% based on the highest stock price target, and down by -22.00% based on the lowest stock price target.
Can WEX stock reach $300?
WEX's average twelve months analyst stock price target of $216.64 does not support the claim that WEX can reach $300 in the near future.
What are WEX's analysts' financial forecasts?
WEX's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $3.09B (high $3.11B, low $3.07B), average EBITDA is $912.5M (high $919.48M, low $906.68M), average net income is $888.79M (high $897.62M, low $881.42M), average SG&A $1.01B (high $1.01B, low $998.88M), and average EPS is $21.16 (high $21.37, low $20.99). WEX's analysts financial forecasts for the fiscal year (Dec 2027) are as follows: average revenue is $3.28B (high $3.3B, low $3.25B), average EBITDA is $968.45M (high $975.86M, low $962.28M), average net income is $989.52M (high $999.36M, low $981.32M), average SG&A $1.07B (high $1.08B, low $1.06B), and average EPS is $23.56 (high $23.79, low $23.36).
Did the WEX's actual financial results beat the analysts' financial forecasts?
Based on WEX's last annual report (Dec 2023), the company's revenue was $2.55B, beating the average analysts forecast of $2.51B by 1.52%. Apple's EBITDA was $923.3M, beating the average prediction of $805.35M by 14.65%. The company's net income was $266.6M, missing the average estimation of $587.32M by -54.61%. Apple's SG&A was $845.6M, beating the average forecast of $778.66M by 8.60%. Lastly, the company's EPS was $6.23, missing the average prediction of $14.2 by -56.13%. In terms of the last quarterly report (Sep 2023), WEX's revenue was $651.4M, beating the average analysts' forecast of $641.96M by 1.47%. The company's EBITDA was $216.9M, beating the average prediction of $189.83M by 14.26%. WEX's net income was $18.4M, missing the average estimation of $158.24M by -88.37%. The company's SG&A was $199.4M, missing the average forecast of $209.14M by -4.66%. Lastly, the company's EPS was $0.43, missing the average prediction of $3.77 by -88.59%