Why Raymond James Left More Confident in WEX’s (WEX) 2026 Growth Path

Wex Inc. (NYSE:WEX) is one of the best rising AI stocks to buy now. On March 6, 2026, Investing.com reported that Raymond James maintained its Market Perform rating on Wex Inc. (NYSE:WEX) after a fireside chat with management at the firm’s 47th annual Institutional Investors Conference in Orlando. Raymond James analyst Madison Suhr met with Chief Executive Officer Melissa Smith and Senior Vice President of Investor Relations Steve Elder. The analyst said quarter-to-date volume trends were developing as expected and that higher fuel prices were acting as a tailwind.

Raymond James also noted positive indicators in spot rates in the over-the-road segment, although management said the timing of a recovery in actual miles driven remains uncertain. The firm said it was comfortable with the implied ramp in Wex’s 2026 Mobility outlook, viewed Corporate Payments revenue as likely to remain stable through the year, and said the Benefits business appeared positioned to keep growing accounts at above-market rates. Raymond James added that it left the discussion with greater confidence in Wex’s growth algorithm and its path to sustainable mid-single-digit-plus revenue growth.

Why Raymond James Left More Confident in WEX’s (WEX) 2026 Growth Path

Image by drobotdean on Freepik

Wex Inc. (NYSE:WEX) is a global commerce platform focused on fleet mobility, corporate payments, and employee benefits solutions.

While we acknowledge the risk and potential of WEX as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than WEX and that has 10,000% upside potential, check out our report about this cheapest AI stock.

READ NEXT: 33 Stocks That Should Double in 3 Years and 15 Stocks That Will Make You Rich in 10 Years.

Disclosure: None. Follow Insider Monkey on Google News.