Corpay (NYSE:CPAY) Price Target Raised to $480.00

Corpay (NYSE:CPAY) had its target price lifted by Cantor Fitzgerald from $415.00 to $480.00 in a report issued on Monday morning, MarketBeat Ratings reports. They currently have an overweight rating on the corporate payments company’s stock.

A number of other analysts have also recently commented on the stock. Keefe, Bruyette & Woods increased their price target on shares of Corpay from $400.00 to $470.00 and gave the company an “outperform” rating in a research note on Thursday, August 6th. Raymond James Financial restated an “outperform” rating and set a $442.00 price objective on shares of Corpay in a research note on Thursday, August 6th. Loop Capital initiated 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. Wolfe Research reiterated an “outperform” rating and set a $475.00 price target on shares of Corpay in a report on Thursday, August 6th. Finally, Morgan Stanley set a $455.00 price target on Corpay in a research report on Friday, August 7th. Twelve equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat, Corpay presently has an average rating of “Moderate Buy” and a consensus price target of $426.08.

Corpay Price Performance

Shares of NYSE CPAY opened at $410.00 on Monday. The company has a debt-to-equity ratio of 1.70, a current ratio of 0.97 and a quick ratio of 0.98. The business has a 50-day moving average of $362.15 and a 200-day moving average of $339.79. The stock has a market capitalization of $26.92 billion, a price-to-earnings ratio of 24.95, a PEG ratio of 1.12 and a beta of 0.87. Corpay has a fifty-two week low of $252.84 and a fifty-two week high of $412.24.

Corpay (NYSE:CPAY) last released its earnings results on Wednesday, August 5th. The corporate payments company reported $7.00 earnings per share (EPS) for the quarter, topping the consensus estimate of $6.58 by $0.42. The business had revenue of $1.34 billion for the quarter, compared to analyst estimates of $1.30 billion. Corpay had a return on equity of 42.18% and a net margin of 22.72%.Corpay’s revenue was up 21.5% on a year-over-year basis. During the same quarter in the prior year, the company posted $5.13 earnings per share. Corpay has set its Q3 2026 guidance at 7.050-7.250 EPS and its FY 2026 guidance at 27.150-27.550 EPS. As a group, sell-side analysts predict that Corpay will post 25.73 earnings per share for the current fiscal year.

Insider Transactions at Corpay

In related news, insider Armando Lins Netto sold 70,476 shares of the company’s 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 transaction, the insider directly owned 11,274 shares in the company, valued at approximately $3,969,913.62. This represents a 86.21% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Steven T. Stull sold 1,000 shares of the stock in a transaction that occurred on Tuesday, June 2nd. The stock was sold at an average price of $360.78, for a total transaction of $360,780.00. Following the transaction, the director owned 28,241 shares in the company, valued at approximately $10,188,787.98. The trade was a 3.42% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 88,677 shares of company stock valued at $31,304,091. 5.19% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the stock. Northwestern Mutual Wealth Management Co. raised its position in shares of Corpay by 168,603.9% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,489,655 shares of the corporate payments company’s stock valued at $448,282,000 after buying an additional 1,488,772 shares in the last quarter. M&T Bank Corp boosted its position in shares of Corpay by 4,657.7% during the 4th quarter. M&T Bank Corp now owns 1,044,074 shares of the corporate payments company’s stock worth $314,193,000 after acquiring an additional 1,022,129 shares in the last quarter. Norges Bank acquired a new stake in shares of Corpay during the 4th quarter worth approximately $266,190,000. Orbis Allan Gray Ltd increased its stake in Corpay by 20.8% in the fourth quarter. Orbis Allan Gray Ltd now owns 4,987,968 shares of the corporate payments company’s stock valued at $1,501,029,000 after acquiring an additional 859,854 shares during the last quarter. Finally, Spruce House Investment Management LLC increased its stake in Corpay by 95.3% in the fourth quarter. Spruce House Investment Management LLC now owns 830,000 shares of the corporate payments company’s stock valued at $249,772,000 after acquiring an additional 405,000 shares during the last quarter. Institutional investors own 98.84% of the company’s stock.

Corpay Company Profile

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.