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An announcement from WEX ( (WEX) ) is now available.
On January 10, 2026, WEX Inc. announced that long-serving directors Shikhar Ghosh and Jack VanWoerkom had informed the board they would retire at the 2026 Annual Meeting of Stockholders, and would not stand for re-election, a move the company said was unrelated to any disagreements over operations, policies or practices. As part of a multi‑year board refresh and leadership transition strategy informed by shareholder feedback, the board decided to reduce its size from 12 to 10 members at that meeting and appointed David Foss, former president and CEO of Jack Henry & Associates who joined WEX’s board in November 2025, to become vice chair and lead independent director following VanWoerkom’s retirement, with additional compensation aligned to the firm’s non‑employee director pay program; executives highlighted the contribution of the retiring directors to WEX’s evolution into a global payments and technology company and signaled that the company ended the year with a strong fourth quarter, reinforcing its positioning for continued long‑term value creation and governance stability for investors and other stakeholders.
The most recent analyst rating on (WEX) stock is a Buy with a $167.00 price target. To see the full list of analyst forecasts on WEX stock, see the WEX Stock Forecast page.
Spark’s Take on WEX Stock
According to Spark, TipRanks’ AI Analyst, WEX is a Outperform.
WEX’s overall stock score reflects its solid financial performance and positive earnings call, indicating strong profitability and strategic growth initiatives. However, technical indicators suggest caution due to potential overbought conditions, and the high debt-to-equity ratio poses a financial risk. The recent board appointment and raised revenue guidance are positive developments, supporting the company’s growth outlook.
To see Spark’s full report on WEX stock, click here.
More about WEX
WEX Inc., listed on the NYSE as WEX, is a global commerce platform focused on simplifying the business of running a business through an ecosystem of embedded, personalized solutions. Leveraging rich data and specialized expertise in areas such as employee benefits, mobility, and payments, the company serves more than 600,000 customers worldwide, helping them streamline complex workflows and optimize how they pay and get paid.
Average Trading Volume: 380,936
Technical Sentiment Signal: Hold
Current Market Cap: $5.45B
For an in-depth examination of WEX stock, go to TipRanks’ Overview page.