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WU · Analysis updated Nov 10, 2026, 6:00 PM ET
Why is The Western Union Company (WU) stock moving?
Western Union beat Q3 2026 adjusted EPS expectations ($0.42 vs $0.34) and raised full-year adjusted EPS guidance to $1.28-$1.38, but revenue missed ($1.009B vs $1.019B) and adjusted revenue is still expected to fall 1% to 2% for the year. Branded Digital is the bright spot, with revenue up 8% and transactions up 21%, while North America retail is slowing. The Beyond cost program is cutting over 650 employees and relocating about 800 roles, which supports margins but adds one-time costs. The International Money Express merger cleared its HSR waiting period on Nov 2, though other closing conditions remain. The stock rose from $6.25 on Nov 3 to a $6.59 close after earnings, then spiked to a $7.58 high on Nov 5 on about 24.9M shares, roughly three times normal volume. It has since held in the $6.86-$6.94 area, with the Nov 10 close of $6.94 above the day's VWAP of $6.96 being a modest positive. Both covering analysts have price targets below the current price: UBS at $6.50 (Neutral) and Cantor Fitzgerald at $6.00 (Underweight). The high-yield roundup suggests income investors are paying attention, but it does not change the fundamental picture.
News behind the analysis
- Western Union Reports Q3 2026 Financial ResultsAdjusted EPS of $0.42 beat the FactSet consensus of $0.34, while revenue reached $1.01 billion.
- Western Union Q3 Adj. EPS $0.42 Beats $0.34 Estimate, Sales $1.009B Miss $1.019B EstimateAdjusted EPS beat the estimate, but sales of $1.009B fell short of the $1.019B estimate.
- Western Union Raises FY2026 Adj EPS Guidance from $1.25-$1.35 to $1.28-$1.38 vs $1.26 Est; Adj Revenue (excludes the impact of currency and Argentina inflation) for 2026 FY is expected to be down by 2% to 1% YoYAdjusted EPS guidance was raised to $1.28-$1.38 against a $1.26 estimate, while adjusted revenue is still expected to fall 1% to 2%.
- Western Union Implements Workforce Reductions and Operational RestructuringUnder its Beyond efficiency program, the company is cutting over 650 employees and relocating about 800 roles.
- Western Union Merger Antitrust Waiting Period ExpiresThe HSR waiting period for the planned International Money Express merger expired on Nov 2, but other closing conditions remain.
- UBS Adjusts Price Target on Western UnionUBS kept a Neutral rating and raised its price target from $6.25 to $6.50.
- Cantor Fitzgerald Maintains Underweight Rating on Western UnionCantor Fitzgerald reaffirmed its Underweight rating and $6.00 price target for Western Union.
- Cantor Fitzgerald Reiterates Underweight on Western Union, Maintains $6 Price TargetCantor Fitzgerald repeated its Underweight call and $6 price target on Western Union.
- UBS Maintains Neutral on Western Union, Raises Price Target to $6.5UBS kept its Neutral rating on Western Union and lifted its price target to $6.50.
- Wall Street's Most Accurate Analysts Weigh In On 3 Financial Stocks With Over 10% Dividend YieldsAnalyst ratings were covered for WhiteHorse Finance, Western Union and Ellington Financial, which yield 12.14%-13.58%.
About The Western Union Company
Western Union is a Denver-based company that helps people send money across borders, mostly migrant workers sending money home through its large network of retail agent locations and through its app and website. It is one of the oldest and biggest names in remittances and is now trying to become more digital, including through its USDPT stablecoin and Stablecard products, while a planned purchase of rival Intermex was still pending as of early November 2026.
How it makes money
Most of its revenue comes from transfer fees and from the margin it earns on currency exchange in its Consumer Money Transfer business. That business brought in roughly $860M of about $1.0B in quarterly revenue in Q3 2026. Branded digital transfers made up roughly a quarter of revenue in that quarter (about $274M). The rest comes from Consumer Services, such as bill payments, money orders, prepaid products and retail foreign exchange. Western Union also pays a quarterly dividend, which was $0.235 per share as of 2026.
What usually moves WU
- Migration and remittance volumes, especially US immigration policy
- Competition and pricing pressure from digital-first transfer apps
- Growth of digital transfers compared with the decline in retail agent locations
- Progress of the Intermex deal, regulatory approvals and anti-money-laundering compliance
- Currency swings, cost-cutting progress and whether the dividend can be sustained
Similar companies
RMT, IMXI, MGI, PYPL, WISE