WEX Inc. Stock News

WEX shares are nearly flat this year, as the company faces a tough economic backdrop. However, the outlook beyond the near-term headwinds suggests potential for double-digit earnings growth. Valuation appears compelling for this high-quality business, given its strong track record of profitable growth.

80% of Global Commercial Fleet Leaders Surveyed Set Goal for 25% EVs by 2030, Latest Frost & Sullivan Insights Reveal LONDON , Sept. 18, 2024 /PRNewswire/ -- Conducted by Frost & Sullivan and commissioned by WEX (NYSE: WEX), a new report provides key insights for organisations managing mixed-energy fleets across Europe, North America, and Asia-Pacific.

PORTLAND, Maine--(BUSINESS WIRE)--A new study by Frost & Sullivan commissioned by WEX (NYSE: WEX), the global commerce platform simplifying the business of running a business, reveals that mixed-energy fleets are projected to increase given anticipated commercial EV adoption rates. According to the study, 80% of mixed-energy fleet operators intend for at least 25% of their fleets to be comprise...

Global commerce platform WEX is looking to artificial intelligence (AI) and commercial electric vehicles (EVs) as opportunities for growth after reporting record quarterly revenue.

PORTLAND, Maine--(BUSINESS WIRE)--WEX (NYSE: WEX), the global commerce platform that simplifies the business of running a business, today reported financial results for the three months ended June 30, 2024. “WEX achieved another quarter of record revenue and delivered adjusted earnings per share above the top end of our guidance range, showcasing our ability to deliver consistently strong finan...

PORTLAND, Maine--(BUSINESS WIRE)--WEX (NYSE: WEX), the global commerce platform that simplifies the business of running a business, has obtained a preliminary injunction to stop the infringing conduct of HP Inc. and Hewlett-Packard Development Company, L.P. (collectively, “HP”) and to protect the WEX brand. Despite WEX's decades of use of the WEX name, in March 2024, HP announced the launch of ...

At first glance, high valuations may seem part and parcel to investing in technology stocks, but there are plenty of names in the sector that can be described as undervalued tech stocks. Yes, many of them are “cheap for a reason,” aka potential value traps.

PORTLAND, Maine--(BUSINESS WIRE)--WEX Inc. (NYSE: WEX), the global commerce platform that simplifies the business of running a business, today announced that Sara Trickett, current Acting General Counsel and Assistant Corporate Secretary at WEX, has been appointed Chief Legal Officer and Corporate Secretary, effective June 4, 2024. Trickett succeeds Hilary Rapkin, who is retiring as Chief Legal...