NYSE - Delayed Quote • USD WEX Inc. (WEX) Follow Compare 183.79 +0.07 +(0.04%) At close: January 17 at 4:00:02 PM EST 183.79 0.00 (0.00%) After hours: January 17 at 6:02:29 PM EST All News Press Releases SEC Filings All SEC Filings Corporate Changes & Voting Matters Periodic Financial Reports Proxy Statements Tender Offer/Acquisition Reports Offering Registrations 3 US Stocks Estimated To Be Trading At Up To 48.2% Below Intrinsic Value With major U.S. stock indexes poised to open lower, reflecting a continuation of recent declines, investors are increasingly seeking opportunities amidst market volatility. In this environment, identifying undervalued stocks becomes crucial, as these can potentially offer significant value relative to their intrinsic worth despite broader market challenges. Wex downgraded to Equal Weight from Overweight at Barclays Barclays analyst Ramsey El-Assal downgraded Wex (WEX) to Equal Weight from Overweight with a price target of $200, down from $207. The firm awaits more clarity on the company’s “evolving growth algorithm” in both the Mobility and Corporate Payments segments. In Mobility, Barclays sees a more mature U.S. fuel card market driving lower growth over time, with more near-term unfavorable impacts from lower consumer spend and volatile fuel prices. Published first on TheFly – the ultimate source for re Barclays downgrades WEX, Marqeta on growth concerns Investing.com -- Barclays downgraded Wex Inc (NYSE:WEX) and Marqeta Inc (NASDAQ:MQ) to equal weight from overweight, citing growth headwinds in both companies. WEX Announces Partnership with Qmerit for Commercial Fleets, EV Charger Installation at Drivers’ Homes PORTLAND, Maine, December 05, 2024--WEX (NYSE: WEX), the global commerce platform that simplifies the business of running a business, today announced a nationwide partnership with EV charger installation provider Qmerit to streamline the installation of EV chargers at the homes of commercial fleet drivers. WEX (NYSE:WEX) Leverages Electric Vehicle Investments and AI for Future Growth Potential WEX has demonstrated financial resilience with a 2% revenue increase to $665 million and a 7% rise in adjusted net income per diluted share, despite challenges in its Mobility segment due to declining fuel prices. The company is actively pursuing growth opportunities in the electric vehicle and hybrid solutions space, alongside investments in artificial intelligence to enhance operational efficiency. This report will delve into WEX's competitive advantages, challenges, future prospects, and... Discover 3 US Stocks That May Be Trading Below Estimated Value As the U.S. stock market experiences a pause in its recent rally, with technology shares leading a slight decline, investors are closely monitoring economic data and Federal Reserve signals for future direction. In such an environment, identifying stocks that may be trading below their estimated value can offer potential opportunities for those looking to capitalize on market fluctuations. WEX to Present at UBS Global Technology and AI Conference PORTLAND, Maine, November 26, 2024--WEX Inc. (NYSE: WEX), the global commerce platform that simplifies the business of running a business, today announced that its Chair and Chief Executive Officer, Melissa Smith, will present at the UBS Global Technology and AI Conference on Tuesday, December 3, 2024, at approximately 12:50 PM ET. WEX Launches Two AI Pilots for Benefits Administration PORTLAND, Maine, November 25, 2024--WEX (NYSE: WEX), the global commerce platform that simplifies the business of running a business, today announced a partnership with select employers to pilot two new artificial intelligence (AI) enhancements embedded within WEX’s benefits administration platform, My Benefit Express. Timed with open enrollment season and as industry pundits explore how AI can be successfully built for and leveraged within employee benefits, WEX announced the pilot launch of it WEX Unveils New Digital Solution to Enhance and Expand Medicare Advantage Platform PORTLAND, Maine, November 21, 2024--WEX (NYSE: WEX), the global commerce platform that simplifies the business of running a business, today announced the release of the WEX Medicare Advantage marketplace, a new digital shopping solution embedded within the member experience of its Medicare Advantage supplemental benefits platform. WEX and Holman Expand Partnership Across U.S. and Canada PORTLAND, Maine, November 12, 2024--WEX (NYSE: WEX), the global commerce platform that simplifies the business of running a business, today announced an expanded agreement with Holman, one of the largest integrated automotive service companies in North America, that extends the companies’ longstanding partnership through 2030. WEX Stock Price Decreases 5% Post Q3 Earnings & Revenues Miss WEX's third-quarter 2024 top line gains from the Mobility and Benefit segments. Wex price target lowered to $170 from $211 at Morgan Stanley Morgan Stanley lowered the firm’s price target on Wex (WEX) to $170 from $211 on Friday and kept an Equal Weight rating on the shares. Even with the 15% move, the firm thinks shares will continue to be pressed until Wex is able to demonstrate that recent execution challenges are in the rear-view and 2025 estimates aren’t at further risk. Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See Insiders’ Hot Stocks on TipRanks >> Read Mor Q3 2024 WEX Inc Earnings Call Q3 2024 WEX Inc Earnings Call WEX Inc (WEX) Q3 2024 Earnings Call Highlights: Record Revenue and EPS Amid Challenges WEX Inc (WEX) reports strong growth in mobility and benefits segments, despite facing revenue shortfalls and macroeconomic pressures. Wex (WEX) Q3 2024 Earnings Call Transcript WEX earnings call for the period ending September 30, 2024. Here's Why Wex Stock Plunged Today Gas prices unexpectedly came down, and that's hurting revenue. Wex: Q3 Earnings Snapshot The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $4.42 per share. The provider of fuel payment processing for fleet vehicles posted revenue of $665.5 million in the period, also missing Street forecasts. Seven analysts surveyed by Zacks expected $688.5 million. WEX Inc. Reports Third Quarter 2024 Financial Results PORTLAND, Maine, October 24, 2024--WEX (NYSE: WEX), the global commerce platform that simplifies the business of running a business, today reported financial results for the three months ended September 30, 2024. Wex (WEX) Earnings Expected to Grow: What to Know Ahead of Next Week's Release Wex (WEX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations. Why Wex (WEX) is a Top Momentum Stock for the Long-Term The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage. Performance Overview Trailing total returns as of 1/17/2025, which may include dividends or other distributions. Benchmark is S&P 500 Return WEX S&P 500 YTD +7.68% +1.52% 1-Year -7.35% +25.82% 3-Year +16.90% +28.61%