WEX (WEX) Stock Forecast, Price Target & Predictions
WEX Stock Forecast
WEX stock forecast is as follows: an average price target of $219.83 (represents a 23.24% upside from WEX’s last price of $178.38) 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 $219.83 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 23.24% upside from WEX's last price of $178.38.
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 |
|---|---|---|---|---|---|---|
| Oct 15, 2024 | Mihir Bhatia | Bank of America Securities | $255.00 | $214.57 | 18.84% | 42.95% |
| Jul 29, 2024 | Dan Dolev | Mizuho Securities | $206.00 | $186.70 | 10.34% | 15.48% |
| Apr 17, 2024 | Nate Svensson | Deutsche Bank | $235.00 | $233.52 | 0.63% | 31.74% |
| Apr 15, 2024 | David Koning | Robert W. Baird | $285.00 | $235.88 | 20.82% | 59.77% |
| Apr 12, 2024 | Trevor Williams | Williams Trading | $240.00 | $239.12 | 0.37% | 34.54% |
| Oct 31, 2022 | Nik Cremo | Credit Suisse | $195.00 | $164.19 | 18.76% | 9.32% |
| Sep 15, 2022 | - | Barclays | $211.00 | $153.58 | 37.39% | 18.29% |
| Sep 08, 2022 | - | Wells Fargo | $194.00 | $151.59 | 27.98% | 8.76% |
| Aug 01, 2022 | - | Barclays | $220.00 | $166.21 | 32.36% | 23.33% |
| Aug 01, 2022 | Dan Dolev | Mizuho Securities | $220.00 | $166.21 | 32.36% | 23.33% |
The latest WEX stock forecast, released on Oct 15, 2024 by Mihir Bhatia from Bank of America Securities, set a price target of $255.00, which represents a 18.84% increase from the stock price at the time of the forecast ($214.57), and a 42.95% increase from WEX last price ($178.38).
WEX Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 5 |
| Avg Price Target | - | $255.00 | $244.20 |
| Last Closing Price | $178.38 | $178.38 | $178.38 |
| Upside/Downside | -100.00% | 42.95% | 36.90% |
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 $178.38. 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 |
|---|---|---|---|---|
| Oct 16, 2024 | Jefferies | Hold | Hold | Hold |
| 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 | Credit Suisse | Neutral | Neutral | Hold |
| Oct 31, 2022 | Barclays | Overweight | Overweight | Hold |
| Sep 08, 2022 | Wells Fargo | Overweight | Overweight | Hold |
| Aug 01, 2022 | Credit Suisse | Neutral | Neutral | Hold |
WEX's last stock rating was published by Jefferies on Oct 16, 2024. The company gave WEX a "Hold" rating, the same as its previous rate.
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 | Jun 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 | $598.24M | $517.53M | $497.54M | $482.76M | $459.48M | $410.76M | $398.99M | $382.12M |
| Avg Forecast | $843.00M | $842.00M | $822.00M | $811.00M | $739.04M | $752.67M | $737.20M | $723.35M | $686.15M | $701.94M | $686.34M | $668.46M | $640.08M | $688.03M | $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 | $863.05M | $862.03M | $841.55M | $830.29M | $756.62M | $770.57M | $754.74M | $740.56M | $702.47M | $718.64M | $702.67M | $692.98M | $642.67M | $690.82M | $679.84M | $652.50M | $658.25M | $654.65M | $633.37M | $612.94M | $587.55M | $585.35M | $570.55M | $504.90M | $483.24M | $480.11M | $434.66M | $413.05M | $385.09M | $395.59M |
| Low Forecast | $825.52M | $824.54M | $804.95M | $794.18M | $723.71M | $737.06M | $721.91M | $708.35M | $671.92M | $687.39M | $672.11M | $650.64M | $634.18M | $685.23M | $679.84M | $652.50M | $644.03M | $633.96M | $605.83M | $586.29M | $562.00M | $585.35M | $570.55M | $504.90M | $483.24M | $480.11M | $434.66M | $413.05M | $385.09M | $395.59M |
| # Analysts | 5 | 4 | 5 | 4 | 5 | 4 | 5 | 4 | 4 | 3 | 4 | 8 | 9 | 4 | 5 | 4 | 8 | 12 | 9 | 9 | 5 | 5 | 5 | 5 | 6 | 6 | 6 | 6 | 9 | 8 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.01% | 1.00% | 1.02% | 1.08% | 1.05% | 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 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 5 | 4 | 5 | 4 | 5 | 4 | 5 | 4 | 4 | 3 | 4 | 8 | 9 | 4 | 5 | 4 | 8 | 12 | 9 | 9 | 5 | 5 | 5 | 5 | 6 | 6 | 6 | 6 | 9 | 8 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $216.90M | $100.60M | $195.90M | $194.96M | $196.63M | $210.01M | $162.73M | $139.71M | $168.68M | $64.73M | $95.90M | $-128.77M | $62.23M |
| Avg Forecast | $233.17M | $232.89M | $227.36M | $224.32M | $204.41M | $208.18M | $203.90M | $200.08M | $189.78M | $194.15M | $189.84M | $184.89M | $177.04M | $190.30M | $188.04M | $264.20M | $179.96M | $177.56M | $171.12M | $240.18M | $139.64M | $173.09M | $168.72M | $218.34M | $142.90M | $141.97M | $128.53M | $88.39M | $113.88M | $116.98M |
| High Forecast | $238.71M | $238.43M | $232.77M | $229.65M | $209.28M | $213.14M | $208.75M | $204.83M | $194.30M | $198.77M | $194.35M | $191.67M | $177.76M | $191.08M | $188.04M | $317.04M | $182.07M | $181.07M | $175.19M | $288.21M | $167.57M | $173.09M | $168.72M | $262.01M | $142.90M | $141.97M | $128.53M | $106.06M | $113.88M | $116.98M |
| Low Forecast | $228.33M | $228.06M | $222.64M | $219.67M | $200.17M | $203.87M | $199.68M | $195.93M | $185.85M | $190.13M | $185.90M | $179.96M | $175.41M | $189.53M | $188.04M | $211.36M | $178.14M | $175.35M | $167.57M | $192.14M | $111.71M | $173.09M | $168.72M | $174.68M | $142.90M | $141.97M | $128.53M | $70.71M | $113.88M | $116.98M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.22% | 0.59% | 0.82% | 1.40% | 1.14% | 1.24% | 0.75% | 0.98% | 1.19% | 0.50% | 1.08% | -1.13% | 0.53% |
8 analysts predict WEX's average Quarter EBITDA for Dec 23 to be $179.96M, with a high of $182.07M and a low of $178.14M. This is -17.03% 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 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 5 | 4 | 5 | 4 | 5 | 4 | 5 | 4 | 4 | 3 | 4 | 8 | 9 | 4 | 5 | 4 | 8 | 12 | 9 | 9 | 5 | 5 | 5 | 5 | 6 | 6 | 6 | 6 | 9 | 8 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $18.40M | $95.30M | $68.00M | $88.69M | $-44.15M | $34.13M | $88.79M | $50.86M | $48.32M | $-33.86M | $-2.56M | $-234.20M | $-65.84M |
| Avg Forecast | $242.35M | $224.40M | $232.56M | $215.42M | $200.88M | $213.72M | $199.05M | $186.99M | $177.09M | $189.95M | $171.83M | $159.19M | $147.12M | $179.97M | $155.26M | $138.05M | $151.48M | $153.72M | $143.43M | $125.50M | $-11.75M | $143.84M | $145.74M | $114.09M | $102.93M | $95.80M | $82.11M | $-2.36M | $61.53M | $72.39M |
| High Forecast | $249.85M | $231.34M | $239.75M | $222.09M | $207.09M | $220.33M | $205.21M | $192.77M | $182.56M | $195.82M | $177.14M | $169.19M | $175.66M | $180.60M | $155.26M | $165.66M | $158.00M | $157.81M | $147.86M | $150.60M | $-9.40M | $143.84M | $145.74M | $136.91M | $102.93M | $95.80M | $82.11M | $-1.89M | $61.53M | $72.39M |
| Low Forecast | $235.82M | $218.35M | $226.29M | $209.62M | $195.46M | $207.96M | $193.69M | $181.95M | $172.31M | $184.83M | $167.19M | $145.85M | $142.30M | $179.33M | $155.25M | $110.44M | $148.63M | $151.26M | $139.56M | $100.40M | $-14.11M | $143.84M | $145.74M | $91.27M | $102.93M | $95.80M | $82.11M | $-2.84M | $61.53M | $72.39M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.12% | 0.66% | 0.54% | -7.55% | -0.31% | 0.23% | 0.78% | 0.49% | 0.50% | -0.41% | 1.08% | -3.81% | -0.91% |
WEX's average Quarter net income forecast for Dec 23 is $151.48M, with a range of $148.63M to $158.00M. WEX's average Quarter net income forecast represents a 723.26% 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 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 5 | 4 | 5 | 4 | 5 | 4 | 5 | 4 | 4 | 3 | 4 | 8 | 9 | 4 | 5 | 4 | 8 | 12 | 9 | 9 | 5 | 5 | 5 | 5 | 6 | 6 | 6 | 6 | 9 | 8 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $199.40M | $185.10M | $168.80M | $171.82M | $167.39M | $163.92M | $152.61M | $154.32M | $161.71M | $165.15M | $164.78M | $173.24M | $137.72M |
| Avg Forecast | $274.63M | $274.31M | $267.79M | $264.21M | $240.77M | $245.21M | $240.17M | $235.66M | $223.54M | $228.68M | $223.60M | $217.77M | $208.53M | $224.15M | $221.48M | $171.61M | $211.96M | $209.14M | $201.55M | $156.01M | $154.24M | $190.70M | $185.87M | $141.83M | $157.43M | $156.41M | $141.60M | $151.87M | $125.46M | $128.88M |
| High Forecast | $281.17M | $280.83M | $274.16M | $270.49M | $246.49M | $251.04M | $245.88M | $241.26M | $228.85M | $234.12M | $228.92M | $225.76M | $209.37M | $225.06M | $221.48M | $205.94M | $214.45M | $213.27M | $206.34M | $187.21M | $185.09M | $190.70M | $185.87M | $170.19M | $157.43M | $156.41M | $141.60M | $182.25M | $125.46M | $128.88M |
| Low Forecast | $268.94M | $268.62M | $262.24M | $258.73M | $235.77M | $240.12M | $235.19M | $230.77M | $218.90M | $223.94M | $218.96M | $211.97M | $206.61M | $223.24M | $221.48M | $137.29M | $209.81M | $206.53M | $197.37M | $124.81M | $123.40M | $190.70M | $185.87M | $113.46M | $157.43M | $156.41M | $141.60M | $121.50M | $125.46M | $128.88M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.95% | 0.92% | 1.08% | 1.11% | 0.88% | 0.88% | 1.08% | 0.98% | 1.03% | 1.17% | 1.08% | 1.38% | 1.07% |
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 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 5 | 4 | 5 | 4 | 5 | 4 | 5 | 4 | 4 | 3 | 4 | 8 | 9 | 4 | 5 | 4 | 8 | 12 | 9 | 9 | 5 | 5 | 5 | 5 | 6 | 6 | 6 | 6 | 9 | 8 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.43 | $2.22 | $1.58 | $2.03 | $-1.00 | $0.76 | $1.98 | $1.13 | $1.08 | $-0.76 | $-0.06 | $-5.30 | $-1.49 |
| Avg Forecast | $5.94 | $5.50 | $5.70 | $5.28 | $4.92 | $5.24 | $4.88 | $4.58 | $4.34 | $4.66 | $4.21 | $3.90 | $3.61 | $4.41 | $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 | $6.12 | $5.67 | $5.88 | $5.44 | $5.08 | $5.40 | $5.03 | $4.72 | $4.47 | $4.80 | $4.34 | $4.15 | $4.31 | $4.43 | $3.81 | $3.49 | $3.87 | $3.87 | $3.62 | $3.30 | $3.32 | $3.42 | $3.47 | $2.70 | $2.45 | $2.28 | $1.95 | $1.67 | $1.46 | $1.72 |
| Low Forecast | $5.78 | $5.35 | $5.55 | $5.14 | $4.79 | $5.10 | $4.75 | $4.46 | $4.22 | $4.53 | $4.10 | $3.57 | $3.49 | $4.40 | $3.81 | $3.49 | $3.64 | $3.71 | $3.42 | $3.12 | $3.13 | $3.42 | $3.47 | $2.70 | $2.45 | $2.28 | $1.95 | $1.67 | $1.46 | $1.72 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.11% | 0.63% | 0.49% | 0.63% | -0.29% | 0.22% | 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 | $16.74 | $26.00 | 55.32% | Hold |
| PRTH | Priority Technology | $8.98 | $13.00 | 44.77% | Buy |
| VRSN | VeriSign | $178.25 | $240.00 | 34.64% | Buy |
| WEX | WEX | $178.38 | $219.83 | 23.24% | Hold |
| EVCM | EverCommerce | $11.20 | $12.43 | 10.98% | Buy |
| CCSI | Consensus Cloud Solutions | $23.39 | $25.00 | 6.88% | Buy |
| OSPN | OneSpan | $16.96 | $18.00 | 6.13% | Buy |
| QLYS | Qualys | $141.45 | $147.00 | 3.92% | Buy |
| NTCT | NetScout Systems | $21.17 | $22.00 | 3.92% | Hold |
| FLT | Corpay | $303.26 | $296.71 | -2.16% | Buy |
| CSGS | CSG Systems | $54.22 | $52.00 | -4.09% | Buy |
| EVTC | EVERTEC | $35.66 | $28.00 | -21.48% | Sell |