Corpay (NYSE:CPAY – Get Free Report) was upgraded by stock analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a research report issued on Sunday, Wall Street Zen reports.
Several other equities research analysts have also weighed in on CPAY. Raymond James Financial reaffirmed an “outperform” rating and issued a $442.00 target price on shares of Corpay in a report on Thursday, August 6th. Wolfe Research lifted their price target on shares of Corpay from $475.00 to $530.00 and gave the stock an “outperform” rating in a research report on Tuesday, August 25th. Cantor Fitzgerald upped their price objective on Corpay from $415.00 to $480.00 and gave the company an “overweight” rating in a report on Monday, August 10th. Loop Capital assumed coverage on shares of Corpay in a research note on Monday, May 18th. They issued a “buy” rating and a $406.00 target price for the company. Finally, JPMorgan Chase & Co. lifted their price objective on Corpay from $400.00 to $470.00 and gave the company an “overweight” rating in a report on Thursday, August 6th. Twelve equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $438.93.
View Our Latest Research Report on CPAY
Corpay Stock Performance
Shares of NYSE CPAY opened at $416.09 on Friday. The stock has a 50 day simple moving average of $386.15 and a 200-day simple moving average of $349.07. The company has a market cap of $27.32 billion, a PE ratio of 25.33, a P/E/G ratio of 1.14 and a beta of 0.87. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 1.70. Corpay has a 12-month low of $252.84 and a 12-month high of $427.46.
Corpay (NYSE:CPAY – Get Free Report) last released its quarterly earnings results on Wednesday, August 5th. The corporate payments company reported $7.00 earnings per share for the quarter, beating analysts’ consensus estimates of $6.58 by $0.42. The business had revenue of $1.34 billion for the quarter, compared to the consensus estimate of $1.30 billion. Corpay had a net margin of 22.72% and a return on equity of 42.18%. Corpay’s revenue for the quarter was up 21.5% on a year-over-year basis. During the same quarter last year, the firm earned $5.13 EPS. Corpay has set its Q3 2026 guidance at 7.050-7.250 EPS and its FY 2026 guidance at 27.150-27.550 EPS. On average, equities research analysts forecast that Corpay will post 25.75 EPS for the current year.
Insider Activity at Corpay
In related news, Director Steven Stull sold 4,000 shares of the firm’s stock in a transaction dated Wednesday, August 19th. The stock was sold at an average price of $410.66, for a total value of $1,642,640.00. Following the sale, the director directly owned 23,598 shares of the company’s stock, valued at $9,690,754.68. This trade represents a 14.49% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, insider Armando Netto sold 70,476 shares of Corpay stock in a transaction dated Monday, June 15th. The shares were sold at an average price of $352.13, for a total value of $24,816,713.88. Following the completion of the transaction, the insider owned 11,274 shares in the company, valued at approximately $3,969,913.62. This represents a 86.21% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 291,336 shares of company stock valued at $116,212,228 over the last three months. 5.19% of the stock is owned by insiders.
Institutional Inflows and Outflows
Large investors have recently added to or reduced their stakes in the business. Integrated Wealth Concepts LLC acquired a new position in Corpay in the 1st quarter valued at approximately $207,000. Woodline Partners LP raised its stake in shares of Corpay by 39.3% during the first quarter. Woodline Partners LP now owns 5,890 shares of the corporate payments company’s stock valued at $2,054,000 after acquiring an additional 1,661 shares during the last quarter. Intech Investment Management LLC lifted its holdings in shares of Corpay by 30.4% during the first quarter. Intech Investment Management LLC now owns 3,341 shares of the corporate payments company’s stock worth $1,165,000 after purchasing an additional 778 shares during the period. Marshall Wace LLP lifted its holdings in shares of Corpay by 128.6% during the second quarter. Marshall Wace LLP now owns 1,600 shares of the corporate payments company’s stock worth $531,000 after purchasing an additional 900 shares during the period. Finally, Brown Advisory Inc. lifted its holdings in shares of Corpay by 16.0% during the second quarter. Brown Advisory Inc. now owns 1,670 shares of the corporate payments company’s stock worth $554,000 after purchasing an additional 230 shares during the period. Institutional investors own 98.84% of the company’s stock.
About Corpay
Corpay is a global corporate payments company that provides businesses with a range of payment and expense management solutions. Its services are designed to help organizations manage payables, card programs, travel and fleet-related expenses, and cross-border transactions more efficiently.
The company serves customers across a variety of industries and geographies, offering software and payment tools that streamline accounts payable, vendor payments, and workforce payments. Corpay also provides specialized solutions for fleet management and international payments, helping businesses control costs and simplify financial operations.
Corpay operates as part of the broader financial technology and payment processing sector.
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