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Upturn AI SWOT - About
WEX 
Wex Inc (WEX)
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Upturn Advisory Summary
10/13/2025: WEX (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Number of Analysts
16 Analysts rated it
Moderately tracked stock, growing coverage, gaining market and investor attention.
1 Year Target Price $184.78
1 Year Target Price $184.78
| 2 | Strong Buy |
| 1 | Buy |
| 13 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit -6.46% | Avg. Invested days 36 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  3.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 10/13/2025 |
Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 5.16B USD | Price to earnings Ratio 19.04 | 1Y Target Price 184.78 |
Price to earnings Ratio 19.04 | 1Y Target Price 184.78 | ||
Volume (30-day avg) 16 | Beta 1.26 | 52 Weeks Range 110.45 - 217.47 | Updated Date 10/13/2025 |
52 Weeks Range 110.45 - 217.47 | Updated Date 10/13/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) 7.91 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 11.8% | Operating Margin (TTM) 23.77% |
Management Effectiveness
Return on Assets (TTM) 2.94% | Return on Equity (TTM) 22.19% |
Valuation
Trailing PE 19.04 | Forward PE 9.1 | Enterprise Value 5972426947 | Price to Sales(TTM) 1.99 |
Enterprise Value 5972426947 | Price to Sales(TTM) 1.99 | ||
Enterprise Value to Revenue 2.3 | Enterprise Value to EBITDA 6.11 | Shares Outstanding 34264311 | Shares Floating 29644797 |
Shares Outstanding 34264311 | Shares Floating 29644797 | ||
Percent Insiders 1.02 | Percent Institutions 113.18 |
Upturn AI SWOT
Wex Inc
Company Overview
History and Background
WEX Inc., formerly Wright Express Corporation, was founded in 1983. Initially focused on payment processing for vehicle fleets, WEX has evolved into a global commerce platform, simplifying payment systems and services.
Core Business Areas
- Fleet Solutions: Provides payment processing, information management, and related services for commercial and government fleets. This segment includes fuel card programs and data analytics tools for fleet management.
- Travel and Corporate Solutions: Offers payment solutions for travel and corporate clients, including virtual payment cards and expense management tools.
- Healthcare Solutions: Delivers healthcare payment technology solutions, including health savings accounts (HSAs) and employee benefit administration.
Leadership and Structure
Melissa Smith serves as the Chair and CEO. The company operates with a functional organizational structure, with divisions focused on specific business segments.
Top Products and Market Share
Key Offerings
- Fleet Cards: WEX's fleet cards enable businesses to manage fuel and maintenance expenses. Market share is estimated to be around 25% in the U.S. fleet card market. Competitors include FleetCor (FLT), U.S. Bank Voyager, and Comdata (subsidiary of FLE).
- Virtual Payment Cards: Virtual payment cards cater to travel and corporate clients for secure and efficient payments. Competitors include Marqeta (MQ) and other virtual card providers. Market share is difficult to define precisely but constitutes a significant portion of the overall virtual card market, which is rapidly growing.
- Healthcare Payment Solutions: Provides healthcare payment solutions, including health savings accounts (HSAs) and employee benefit administration. Competitors include Optum (UNH) and Fidelity.
Market Dynamics
Industry Overview
The industries in which WEX operates are characterized by ongoing digitalization, increasing demand for efficient payment solutions, and growing regulatory complexities.
Positioning
WEX is positioned as a leading provider of payment solutions across fleet, travel, corporate, and healthcare sectors. Its competitive advantage lies in its integrated platform and deep industry expertise.
Total Addressable Market (TAM)
The estimated TAM for Wex's segments: Fleet $60B, Travel/Corporate $40B, Healthcare $20B. Wex's is positioned well to capture more share with its diverse product line.
Upturn SWOT Analysis
Strengths
- Diversified revenue streams
- Strong market position in fleet solutions
- Proprietary technology platform
- Established customer relationships
- Experienced management team
Weaknesses
- Exposure to macroeconomic fluctuations
- Integration risks associated with acquisitions
- Dependence on key partnerships
- Regulatory compliance challenges
- Cybersecurity risk
Opportunities
- Expansion into new geographic markets
- Growth in virtual card adoption
- Increasing demand for data analytics in fleet management
- Strategic acquisitions to enhance capabilities
- Partnerships to extend reach
Threats
- Intense competition in payment solutions
- Disruptive technologies such as blockchain
- Economic downturn impacting travel and fleet spending
- Changes in government regulations
- Data security breaches
Competitors and Market Share
Key Competitors
- FLT
- GPN
- FISV
Competitive Landscape
WEX competes with larger payment processors and specialized fintech companies. Its strength lies in its industry-specific expertise, but it faces pressure to innovate and adapt to changing customer needs.
Major Acquisitions
eNett
- Year: 2020
- Acquisition Price (USD millions): 1700
- Strategic Rationale: Expanded WEX's presence in the virtual card payment market, particularly in the travel industry.
Discover Health
- Year: 2021
- Acquisition Price (USD millions): 430
- Strategic Rationale: Bolstered WEX's healthcare payment solutions offerings.
Growth Trajectory and Initiatives
Historical Growth: WEX has demonstrated consistent revenue growth through organic expansion and strategic acquisitions.
Future Projections: Analysts predict continued revenue growth of 5-8% annually, driven by increased adoption of payment solutions.
Recent Initiatives: Recent initiatives include expansion of its virtual payment card offerings and acquisitions to strengthen its position in the healthcare payment space.
Summary
WEX is a solid company with a diverse portfolio of payment solutions. Its strength lies in its fleet business, but it is actively expanding into travel, corporate, and healthcare sectors. Acquisition integration and competition remain key factors to watch, but the company's overall outlook is positive given increasing demand for payment technologies.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company SEC Filings (10-K, 10-Q)
- Investor Presentations
- Analyst Reports (e.g., from Yahoo Finance, Bloomberg)
- Industry Reports (e.g., from IBISWorld, Gartner)
Disclaimers:
This analysis is based on publicly available information and is intended for informational purposes only. It does not constitute financial advice. Investment decisions should be made based on thorough research and consultation with a qualified financial advisor. Market share data are estimates based on available sources and may not be precise.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Wex Inc
Exchange NYSE | Headquaters Portland, ME, United States | ||
IPO Launch date 2005-02-16 | Chairman of the Board, President & CEO Ms. Melissa D. Smith | ||
Sector Technology | Industry Software - Infrastructure | Full time employees 6500 | Website https://www.wexinc.com |
Full time employees 6500 | Website https://www.wexinc.com | ||
WEX Inc. operates a commerce platform in the United States and internationally. The Mobility segment offers fleet vehicle payment solutions, transaction processing, and information management services; and provides account activation and account retention services; authorization and billing inquiries, and account maintenance services; account management; credit and collections services; merchant services; analytics solutions; and ancillary services and offerings. This segment markets its products directly and indirectly to businesses and government agencies with fleets of commercial vehicles; and indirectly through co-branded and private label relationships. The Corporate Payments segment provides payment solutions, including embedded payments; and accounts payable automation and spend management solutions. This segment also markets its products directly and indirectly to customers in travel, fintech, insurance, consumer bill pay, and media verticals. The Benefits Solutions segment offers software-as-a-service (SaaS) platform for consumer directed healthcare benefits and full-service benefit enrollment solutions. In addition, its SaaS platform includes embedded payment solutions and plan administration services for consumer-directed health benefits; COBRA accounts; and benefit enrollment and administration services. Further, it offers custodial and depository services for health savings accounts; and markets its products through third-party administrators, financial institutions, payroll providers, and health plans. The company was formerly known as Wright Express Corporation and changed its name to WEX Inc. in October 2012. The company was founded in 1983 and is headquartered in Portland, Maine.
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