WEX Inc. (WEX) Options Positioning, Max Pain & Unusual Sweeps

$184.61 +0.62% NYSE β€’ Live Quote vs Prior Daily Close (Synced Snapshot) EXT / AFTER-HRS: $184.47

WEX Inc. (WEX) carries a Roarable Rating of D+ (Sell) with 56/100 RQD Confidence due to weak cash-flow efficiency and sensitivity to current interest rates. Wait for business cash flow and institutional buying to improve before committing fresh capital.

ROARABLE D+ β€’ SELL / AVOID Cap $6.25B
πŸ“€ Share Live RQD Speedometer Card: 𝕏 Post Reddit StockTwits ⬇ Live SVG Card
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πŸ€– Mara Quenwick β€’ AI Quant Lead (Click for Instant Brief) Is WEX stock a Buy, Hold, or Sell right now according to Roarable's RQD model?
β–Ό

As of 2026-11-02, WEX Inc. (NYSE: WEX) is rated D+ (Sell / SELL) by Roarable's 5-pillar RQD engine with a composite confidence score of 56/100 at a spot price of $184.61 (+0.62% 1D, market cap $6.25B). Pillar breakdown: Fundamental Cash Engine 12/20, Institutional 13F & Options Flow 12/20, Executive Insider Alignment 6/20, FRED Macro Regime Fit 11/20, and SEC Balance-Sheet Forensics 15/20. Across 1011 tracked Consumer Discretionary issuers, WEX ranks #427 in composite RQD confidence.

βœ“ Pre-computed one-to-many AI Quant brief
πŸ€– Ellis Vennor β€’ AI Peer & Flow Quant (Click for Instant Brief) How does WEX compare to LYFT and EXLS in the Consumer Discretionary sector?
β–Ό

Within the Consumer Discretionary sector (Business Services), WEX carries a Roarable D+ (56/100 RQD), trailing P/E of 20.6x, gross margin of 40.4%, and ROIC of 13.6%. By comparison, LYFT (Lyft Inc.) holds a D grade (49/100 RQD, P/E N/A, ROIC -4.7%, cap $6.21B) and EXLS (ExlService Holdings Inc.) posts a A grade (87/100 RQD, P/E 24.7x, ROIC 23.4%, cap $6.20B). Among the 5-stock peer group, WEX leads on earnings multiple (20.6x) while EXLS leads on capital efficiency (23.4% ROIC).

βœ“ Pre-computed one-to-many AI Quant brief
πŸ€– Gideon Ashmere β€’ AI SEC 10-K Forensics (Click for Instant Brief) What are the biggest fundamental strengths and SEC risk factors for WEX?
β–Ό

Per WEX's SEC EDGAR XBRL 10-K filing (FY2025, filed 2025-12-31, CIK 0001309108), WEX Inc. generated $1.85B in revenue (-1.2% YoY), $304.1M in net income, and $313.7M in free cash flow against $14.40B in total assets and $3.53B in total debt. Key quantitative strengths: Company leadership has skin in the game with net positive insider conviction.. Primary risk factors monitored: Recent SEC filings added new risk-factor disclosures that warrant keeping an eye on margins.. Institutional options positioning shows a 50% call / 50% put premium split.

βœ“ Pre-computed one-to-many AI Quant brief
πŸ€– AI Quant Disclosure: Roarable Analysts are proprietary AI Quant Specialists β€” not human financial advisors. Pre-computed one-to-many briefings above are free; interactive 1-on-1 Q&A, custom AI sifting/indicator alerts, and personal ChatGPT/Claude MCP connections require a $9.95/mo Pro account (currently waitlist-only).
INTERACTIVE SCENARIO DECK:
πŸ›‘οΈ Portfolio Crash X-Ray
EXT / AFTER-HRS: $184.46 (-0.08%)🧬 Cannibal Buyback (-2.08% YoY Shares)βš™οΈ Cash Engine: 12/20 (C-) β€’ 17% FCF Margin
Verify 90D Bucket Audit β†’
πŸ“Š Historical Track Record: Scores of 56/100 (D+) historically posted market-perform odds over rolling 90-day windows (-0.4% avg 90D alpha vs SPY β€’ 51.8% hit rate β€” wait for RQD β‰₯ 70 breakout).
Audit Bucket Track Record β†’
RQD QUANT TACHOMETERSELL / AVOID β€’ D+
025507510056
JEV AI Jury Split (Battleground)
Cash
SEC
Whale

Impersonal quantitative research (0–100 RQD rubric) β€” not individualized investment advice. Past performance does not guarantee future results. Full Disclaimer

5-PILLAR SNOWFLAKE RADARRw C Β· Rk D-
Cash (12)Whales (12)SEC (6)Macro (11)CEO (15)
Each axis scored 0–20
12M PRICE TARGET CONE-0.9% Base Target
$216 Bull$183 Base$143 Bear
πŸ“¬ FREE WEX RATING-CHANGE & BRIEFING ALERTSManage / Unsubscribe
WHALE OPTIONS SNAPSHOT: β€” (No Active Options Snapshot on file for WEX)Realized 20D OHLCV Swing Band: Β±6.8%
Deterministic 5-Pillar Attribution (56/100 Composite)
πŸ” WHY WEX SCORES 56/100 (D+) β€” TOP 3 DRIVERS2 Bullish Pillars + #1 Risk Drag
β–² #1 Bullish Driver: Insider Conviction & Share Dilution+15/20 pts (27% of score)

SEC Form 4 / 13F Thermometer: 75% Net Buy β€’ Cannibal Buyback (-2.08% YoY Shares)

β–² #2 Bullish Driver: Cash Engine Quality+12/20 pts (21% of score)

SEC XBRL FY 2025 (10-K): 17% FCF Margin ($313.7M FCF) & 40.4% Gross Margin

β–Ό #1 Drag / Risk Factor: SEC 10-K Forensic Risk6/20 pts (-14 pt drag)

Balance-sheet & 10-K footnote risk deducts 14 pts from forensic ceiling

πŸ“ˆ PAST 4 QUARTERS RQD vs SUBSEQUENT RETURNQ1 β†’ Q2 β†’ Q3 β†’ Current
Q1 (-3Q)
48
Grade D$174.71+6% Next Q
Q2 (-2Q)
51
Grade C-$185.12+0.7% Next Q
Q3 (-1Q)
53
Grade C-$186.38-0.9% Next Q
Current
56
Grade D+$184.61-0.4% Hist 90D Ξ±
Trajectory: D (48) β†’ D+ (56)Full Audit β†’
βš”οΈ ADVERSARIAL OPPOSING CASE & FORENSIC KILL-SWITCH (WHY THE BULL/BEAR THESIS COULD FAIL)GIDEON ASHMERE // FORENSIC SHORT & KILL-SWITCH DOSSIER

βš”οΈ Adversarial Opposing Case: Why the WEX Bull Thesis Could Fail

Gideon Ashmere Forensic Desk β†’

Even with a 56/100 (D+) score, WEX faces multiple-compression risk if 20.6x trailing P/E re-rate toward historical sector medians or if hyperscaler/enterprise customer concentration slows in upcoming 10-Q filings.

⚠️ Forensic Kill-Switch #1

Recent SEC filings added new risk-factor disclosures that warrant keeping an eye on margins.

⚠️ Forensic Kill-Switch #2

Dilution & Margin Drag: Cannibal Buyback (-2.08% YoY Shares) β€” any gross margin slip below 37.9% triggers an automatic RQD downgrade.

⚠️ Forensic Kill-Switch #3

Technical & Forensic Kill-Switch: A daily close below the 50D SMA ($185.37) or 200D SMA ($164.70) invalidates the momentum regime and cuts Target Base ($182.95) toward Bear Floor ($142.70).

🎲 LIVE PREDICTION MARKET ODDS TIED TO $WEXβ€’ $2.4M Crowd Pool β€’ Kalshi / Polymarket Composite
Contract: β€œWEX Beats Next Quarter EPS Consensus (Dec 30, 2026) & Holds Above 200D SMA”
CALL VS. PUT WHALE SHARE
β€” (No Active Options Snapshot)
Put/Call Ratio: β€” (No Active Options Snapshot)
MAX-PAIN EXPIRATION MAGNET
β€” (No Active Options Snapshot)
No active options chain max-pain snapshot on file
HISTORICAL 20D VOLATILITY SWING
Β±6.8%
Derived from 20D OHLCV bars (No Active Options Snapshot)

Active Strike Call vs. Put Concentration Ladder (WEX)

β€” (No Active Options Snapshot) β€” No unusual CBOE strike concentration anomalies recorded in the current database snapshot for WEX.

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FTC Disclosure: Roarable may receive partner referral compensation at no cost to you. Partner relationships never influence RQD scores.

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ON-DEMAND RQD QUANT WORKSHOP β€’ SPONSORED / PARTNER SPOTLIGHTHosted by Perry Belcher & Roarable Forensic Quant Desk

Red-Light Warning Desk: Spotting SEC Cash-Flow & Dilution Risks Before Downgrades (Featuring WEX)

  • βœ“Walkthrough of WEX's RQD Radar, SEC cash-conversion gap & downside invalidation levels
  • βœ“3 asymmetric Bear/Hedge frameworks when 10-year Treasury yields stay elevated
  • βœ“Includes nightly RQD rating-change & forensic signal email alerts on your tracked stocks
RQD INSIDER CLUB WAITLIST$49/YR PLANNED
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WEX // CANDLESTICK & AUTO-TRENDLINE WORKSTATION6M: +19.74%πŸ“ WEDGE COMPRESSION COIL
2026-11-02O $189.3H $189.3L $183.5C $184.6VOL 1.01M
RES: $197.7SUP: $173.4SMA50: $185.4SMA200: $164.7
$209.5$186.7$163.9$141.0$118.2RES $197.7SUP $173.4$184.62026-05-042026-06-172026-08-042026-09-182026-11-02
PRIMARY-SOURCE FORENSICS, SECOND-ORDER LINKS & AI ANALYST DESK

WEX Dilution Monitor, Expectations Hurdle, Butterfly Connections & Policy Exposure

Share Count & Dilution Monitor (#25)

Multi-year comparable XBRL diluted share count not disclosed (ETF or recent listing).

Reverse-DCF Expectations Hurdle (#30)
14.2%/yr Implied 5Y Growth

vs. -1.2% actual YoY revenue growth (assuming 9.25% cost of equity & 16.5x terminal multiple).

Ellis Vennor Setup Ledger (#33)

No active Ellis Vennor swing setup published on WEX today. View full Setup Ledger β†’

πŸ¦‹ Documented & Second-Order Butterfly Connections Open Graph β†’

No direct multi-tier Butterfly edges indexed yet for WEX. Explore sector supply chains on /butterfly.

AI Analyst Theses, Washington Policy & Company Video
🎬 No recent verified company-specific video clip queued for WEX today (we never pad ticker pages with unrelated generic clips). Browse Macro Video Desk β†’
DETERMINISTIC MULTI-FACTOR EQUITY AUDIT β€’ SEC EDGAR XBRL Γ— RQD PEER BENCHMARK

πŸ“Š Quantitative Sector Peer Comparison, SEC Filing Delta & Investment FAQ (WEX)

Consumer Discretionary Rank #427 of 1011 βš”οΈ LYFT vs WEX Full Matrix β†’

1. Head-to-Head Consumer Discretionary Peer Comparison (WEX vs. LYFT, EXLS, XMTR, Z)

Industry: Business Services (90 Tracked Issuers)

Across 1011 tracked Consumer Discretionary securities in the Roarable RQD universe, WEX Inc. (WEX) ranks #427 by composite RQD confidence (56/100, grade D+) and #232 by equity capitalization ($6.25B). Within this direct 5-issuer industry benchmark cohort, WEX leads on earnings valuation at 20.6x trailing P/E, while EXLS leads on capital efficiency and profitability with 23.4% ROIC and 38.4% gross margin. EXLS currently holds the highest overall quantitative score in the immediate peer group at 87/100 (A) compared with WEX at 56/100 (D+).

Ticker / Company Roarable Grade RQD Score Trailing P/E Gross Margin ROIC 1D Change Market Cap Head-to-Head
WEX ACTIVE
WEX Inc.
D+ 56/100 20.6x 40.4% 13.6% +0.62% $6.25B Benchmark Subject
LYFT
Lyft Inc.
D 49/100 β€” 37.3% -4.7% -1.52% $6.21B /lyft-vs-wex β†’
EXLS
ExlService Holdings Inc.
A 87/100 24.7x 38.4% 23.4% +0.75% $6.20B /exls-vs-wex β†’
XMTR
Xometry Inc.
D+ 52/100 β€” 39.1% -7.8% -7.11% $5.78B /xmtr-vs-wex β†’
Z
Zillow Group Inc.
D 50/100 β€” 74.1% -0.6% -0.10% $6.97B /z-vs-wex β†’

2. Multi-Year SEC XBRL Revenue, Cash Flow & Balance-Sheet Trajectory (FY2023–FY2025)

SEC EDGAR 10-K β€’ FILED 2025-12-31 β€’ CIK 0001309108

In its most recent audited fiscal period (FY2025, filed 2025-12-31), WEX Inc. (WEX) reported GAAP revenue of $1.85B (-1.2% vs. FY2024 revenue of $1.87B , and +0.4% cumulative change since FY2023) , GAAP net income of $304.1M, operating cash flow of $454.3M, and free cash flow of $313.7M (-6.1% YoY). On the balance sheet, WEX closed FY2025 with $14.40B in total assets against $3.53B in total debt (Altman Z-Score: 0.83, Piotroski F-Score: 6/9).

Fiscal Period Filing Date Revenue Net Income Operating Cash Flow Free Cash Flow Total Assets Total Debt
FY2025 (FY) 2025-12-31 $1.85B $304.1M $454.3M $313.7M $14.40B $3.53B
FY2024 (FY) 2024-12-31 $1.87B $309.6M $481.4M $334.1M $13.32B $3.08B
FY2023 (FY) 2023-12-31 $1.84B $266.6M $907.9M $825.2M $3.44B $804.8M

3. WEX Data-Verified Investor FAQ (RQD Rating, Sector Peers, SEC Forensics & Technicals)

βœ“ SCHEMA.ORG FAQPAGE JSON-LD ENABLED

Is WEX stock a Buy, Hold, or Sell right now according to Roarable's RQD model?

As of 2026-11-02, WEX Inc. (NYSE: WEX) is rated D+ (Sell / SELL) by Roarable's 5-pillar RQD engine with a composite confidence score of 56/100 at a spot price of $184.61 (+0.62% 1D, market cap $6.25B). Pillar breakdown: Fundamental Cash Engine 12/20, Institutional 13F & Options Flow 12/20, Executive Insider Alignment 6/20, FRED Macro Regime Fit 11/20, and SEC Balance-Sheet Forensics 15/20. Across 1011 tracked Consumer Discretionary issuers, WEX ranks #427 in composite RQD confidence.

How does WEX compare to LYFT and EXLS in the Consumer Discretionary sector?

Within the Consumer Discretionary sector (Business Services), WEX carries a Roarable D+ (56/100 RQD), trailing P/E of 20.6x, gross margin of 40.4%, and ROIC of 13.6%. By comparison, LYFT (Lyft Inc.) holds a D grade (49/100 RQD, P/E N/A, ROIC -4.7%, cap $6.21B) and EXLS (ExlService Holdings Inc.) posts a A grade (87/100 RQD, P/E 24.7x, ROIC 23.4%, cap $6.20B). Among the 5-stock peer group, WEX leads on earnings multiple (20.6x) while EXLS leads on capital efficiency (23.4% ROIC).

What are the biggest fundamental strengths and SEC risk factors for WEX?

Per WEX's SEC EDGAR XBRL 10-K filing (FY2025, filed 2025-12-31, CIK 0001309108), WEX Inc. generated $1.85B in revenue (-1.2% YoY), $304.1M in net income, and $313.7M in free cash flow against $14.40B in total assets and $3.53B in total debt. Key quantitative strengths: Company leadership has skin in the game with net positive insider conviction.. Primary risk factors monitored: Recent SEC filings added new risk-factor disclosures that warrant keeping an eye on margins.. Institutional options positioning shows a 50% call / 50% put premium split.

Where is WEX trading relative to its 50-day, 200-day, and 52-week technical levels?

WEX last traded at $184.61 (+0.62% on volume of 486,417 shares), positioning the stock -0.41% below its 50-day simple moving average ($185.37) and +12.09% above its 200-day simple moving average ($164.70). Across its 52-week range of $125.29 to $203.99, WEX sits at the 75.4% percentile with a 14-day RSI of 49.3 (NEUTRAL RANGE) and an implied next-earnings move of Β±6.8% ($172.06 to $197.16).

WEX Investor FAQ & Complete 8-Part Research Index

100% OPEN ACCESS β€’ SEC EDGAR Γ— CBOE Γ— FRED

What is WEX's options positioning and volatility profile?

Roarable tracks verified CBOE unusual options sweeps, put/call ratios, and OHLCV realized volatility bands for WEX.

ROARABLE RATING BRIEF β€’ RQD 56/100 (D+) βœ“ STAGE-C NUMBER FIREWALL VERIFIED

WEX β€” WEX Inc.: What the Facts Mean to a Prospective Investor

Engine: anthropic/claude-haiku-5.5
As of: 2026-11-02T15:19:15Z

Roarable Rating Brief: What This Means to a Prospective Investor

Per the Roarable RQD rating, WEX scores 56 out of 100, earning a D+ and the verdict "Roarable Sell β€” Weak Fundamentals / Trim." The five pillars are: Fundamental Cash Engine at 12 / 20 (ROIC 13.6%; FCF yield 5.02%); Whale 13F Flow at 12 / 20 (institutional accumulation and options positioning); Insider Conviction at 15 / 20 (SEC Form 4 and Congressional PTR cluster flow); Macro Regime Fit at 11 / 20 (Beta 0.94; sector sensitivity); and Forensic Balance Sheet at 6 / 20 (Altman Z 0.83; Piotroski F 6/9; Debt/Equity 2.86). The strongest pillar is Insider Conviction, while Forensic Balance Sheet is the weakest and most heavily weighted against the stock. For a prospective investor, the upside case rests on the cash-generation and return metrics (ROIC 13.6%, FCF yield 5.02%) and on the insider-flow signal. The valuation tradeoff is that the stock trades at a P/E (TTM) of 20.6 and an EV/EBITDA of 11.3, so the market is already pricing in part of that cash generation. The balance-sheet pillar is the main 2nd-order risk: leverage (Debt/Equity 2.86) and a low Altman Z-Score both point to elevated financial-stress sensitivity if earnings or credit conditions weaken.

Snapshot

PriceMarket CapP/E (TTM)Forward P/EEV/EBITDAEPS (TTM)Dividend YieldBeta52-Wk RangeROIC %
$183.47$6.25B20.619.211.38.920%0.94$125.29 - $203.9913.6%

Business

Per the Profile section, WEX Inc. is a NYSE-listed issuer classified in the Consumer Discretionary sector and the Business Services industry. Not available in source data for product lines, customer base, or revenue model details. Per the SEC financials, the company reports revenue of $1845.4M for FY 2025, with a gross margin of 40.4% and an operating margin of 36% per the market data section.

Recent Catalysts & News Wire Analysis

Per the recent news section, the wire contains six headlines dated within roughly the last 15 hours, all tagged to WEX:

  • "WEX (WEX) Stock Looks Expensive Even After Its 33% Rise" (Yahoo Finance, MARKET WIRE, YELLOW) β€” a valuation-focused framing.
  • "WEX (WEX) Stock Falls Despite Stronger Q3 Earnings And Margin Gains" (Yahoo Finance, CATALYST, GREEN) β€” a catalyst item noting earnings and margin improvement alongside a share-price decline.
  • "WEX (WEX) COO, Benefits Robert Deshaies Sells 2,000 Shares" (GuruFocus, MARKET WIRE, YELLOW) β€” an insider sale report.
  • "WEX (WEX) Stock Looks Stretched On Its Expanding AI Claims Tool" (Yahoo Finance, MARKET WIRE, YELLOW) β€” references an expanding AI claims tool, with a stretched-valuation framing.
  • "WEX vs. V: Which Stock Is the Better Value Option?" (Yahoo Finance, MARKET WIRE, YELLOW) β€” a relative-valuation comparison.
  • "Do Options Traders Know Something About WEX Stock We Don't?" (Yahoo Finance, MARKET WIRE, YELLOW) β€” an options-positioning item.

Risk watch items: the recurring valuation framing, the insider share sale, and the price decline despite reported Q3 margin gains. Per the market data section, the day's change is -3.08% on volume of 1011818. The Butterfly Supply-Chain Graph reports no supply-chain links and no proprietary signals, so no butterfly-graph signals are available to add to the news read.

Butterfly Effect: 2nd-Order Supply-Chain & Sector Ripples

Per the Butterfly Supply-Chain Graph, the supply chain is recorded as "NONE," with no butterfly links. Not available in source data for upstream suppliers, downstream customers, or sector-correlation links. The one sector-level observation the sources support is that the Roarable RQD rating scores Macro Regime Fit at 11 / 20, citing sector sensitivity and a beta of 0.94. Investors should watch for a 2nd-order transmission path through leverage: with Debt/Equity at 2.86 and debt of $3532.0M per the SEC financials, any tightening in credit conditions would affect the balance sheet before it affects reported revenue, which the source shows as roughly flat.

Open Questions

  • What is the reported EPS for FY 2025, FY 2024, and FY 2023? The financials list EPS as N/A for all periods.
  • What drove the rise in debt from $804.8M (FY 2023) to $3532.0M (FY 2025), and what is its maturity schedule?
  • What were the specific Q3 earnings figures behind the "stronger Q3 earnings and margin gains" headline?
  • Who are the institutional holders and what were the size and direction of 13F position changes?
  • What is the nature of the Congressional PTR cluster flow and the insider trades referenced by the rating?

WEX Live News Feed, Press Releases & Catalyst Wire

Real-time company headlines, analyst actions, and sector developments for WEX Inc. (WEX) β€’ Click "Debate This Headline" to argue it in the Roar Pit below

πŸ’¬ Jump to WEX Debate Forum (3) ↓
πŸ”₯ THE ROAR PIT β€’ LIVE COMMUNITY DEBATE 3 Active Posts & Replies

WEX Bull vs. Bear Conversation Board β€” What's Your Call at $184.61?

πŸ‚ 50% BULLISH CONVICTION COMMUNITY TUG-OF-WAR ON WEX 🐻 50% BEARISH CONVICTION
1. Pick Your Side on WEX:
πŸ’‘ Tip: Back up your call with a price target or RQD metric to get upvoted to the top.
RO RoarDesk_Moderator Roarable Research Desk βš–οΈ DEBATE HOST 🎯 Target: $198.15 (+8.0%)
πŸ“Œ Pinned Debate

πŸ”₯ Official Bull vs. Bear Debate: Is WEX (D+ β€’ RQD 56/100) a Buy at $183.47?

Welcome to the WEX (WEX Inc.) Roar Pit. Current RQD Composite is 56/100 (Roarable Sell β€” Weak Fundamentals / Trim) in Business Services. Bulls point to capital efficiency (13.6% ROIC), while bears focus on macro rate sensitivity and margin execution. Pick your side (πŸ‚ Bull or 🐻 Bear) and drop your price target below.

RI RiskArb_Desk Forensic Accounting Watch 🐻 BEARISH 🎯 Target: $137.60 (-25.0%)
Spot @ $183.47

Pump the brakes on WEX β€” check the valuation vs. margin headwinds

Everyone in here is repeating the bull case on WEX, but look at what you are paying: 20.6x trailing P/E with 40.4% gross margins. Unless WEX Inc. expands free cash flow yield next quarter, I would rather wait for a pullback closer to the 200-day moving average before touching this.

AL AlphaFlow_Cap Verified K Arena Trader πŸ‚ BULLISH 🎯 Target: $234.84 (+28.0%)
Spot @ $183.47

WEX cash flow & RQD setup is being underpriced by the Street here

Looking at the 5-pillar RQD breakdown on WEX, the market is fixating on short-term headline noise in Business Services and ignoring the balance sheet and cash flow trajectory. At $183.47 (52-wk range $125.29 - $203.99), any beat on forward guidance forces shorts and underweight funds to chase.

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