Corpay (NYSE:CPAY) Given New $390.00 Price Target at Morgan Stanley

Corpay (NYSE:CPAY) had its price objective hoisted by investment analysts at Morgan Stanley from $379.00 to $390.00 in a research note issued on Thursday, Marketbeat reports. The firm presently has an “overweight” rating on the stock. Morgan Stanley’s price target suggests a potential upside of 30.11% from the stock’s previous close.

Other research analysts also recently issued reports about the stock. JPMorgan Chase & Co. dropped their target price on shares of Corpay from $400.00 to $350.00 and set an “overweight” rating on the stock in a research report on Thursday, November 6th. Royal Bank Of Canada upped their price objective on shares of Corpay from $336.00 to $344.00 and gave the company a “sector perform” rating in a research note on Thursday, November 6th. UBS Group dropped their price objective on Corpay from $340.00 to $315.00 and set a “neutral” rating on the stock in a report on Thursday, November 6th. Scotiabank raised Corpay to a “sector outperform” rating in a report on Monday, January 26th. Finally, Cantor Fitzgerald raised Corpay to a “strong-buy” rating in a research report on Tuesday, January 27th. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $370.31.

Corpay Price Performance

Shares of NYSE CPAY opened at $299.75 on Thursday. The stock’s 50-day simple moving average is $311.87 and its 200-day simple moving average is $304.45. The firm has a market capitalization of $20.97 billion, a PE ratio of 20.35, a price-to-earnings-growth ratio of 0.89 and a beta of 0.82. Corpay has a fifty-two week low of $252.84 and a fifty-two week high of $400.81. The company has a debt-to-equity ratio of 1.41, a quick ratio of 1.13 and a current ratio of 1.13.

Corpay (NYSE:CPAY) last announced its quarterly earnings results on Wednesday, February 4th. The company reported $6.04 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $5.93 by $0.11. Corpay had a return on equity of 37.83% and a net margin of 24.37%.The firm had revenue of $1.25 billion during the quarter, compared to the consensus estimate of $1.23 billion. During the same period in the prior year, the company posted $5.36 earnings per share. The firm’s quarterly revenue was up 20.7% compared to the same quarter last year. Corpay has set its FY 2026 guidance at 25.500-26.500 EPS and its Q1 2026 guidance at 5.380-5.520 EPS. As a group, equities research analysts forecast that Corpay will post 19.76 EPS for the current fiscal year.

Insider Buying and Selling at Corpay

In other news, Director Steven T. Stull acquired 8,000 shares of the stock in a transaction that occurred on Friday, December 12th. The shares were purchased at an average cost of $314.98 per share, for a total transaction of $2,519,840.00. Following the transaction, the director directly owned 29,241 shares in the company, valued at approximately $9,210,330.18. This represents a 37.66% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this link. 5.04% of the stock is currently owned by corporate insiders.

Institutional Trading of Corpay

Hedge funds have recently made changes to their positions in the company. M&T Bank Corp increased its stake in shares of Corpay by 4,657.7% during the fourth quarter. M&T Bank Corp now owns 1,044,074 shares of the company’s stock worth $314,193,000 after acquiring an additional 1,022,129 shares during the period. Norges Bank acquired a new stake in Corpay in the second quarter valued at about $266,246,000. Hawk Ridge Capital Management LP purchased a new stake in Corpay in the 3rd quarter valued at approximately $106,381,000. Vanguard Group Inc. boosted its holdings in Corpay by 3.2% in the 2nd quarter. Vanguard Group Inc. now owns 8,124,437 shares of the company’s stock valued at $2,695,851,000 after purchasing an additional 251,651 shares in the last quarter. Finally, Wellington Management Group LLP increased its position in Corpay by 54.9% during the 3rd quarter. Wellington Management Group LLP now owns 631,496 shares of the company’s stock worth $181,909,000 after purchasing an additional 223,704 shares during the period. Institutional investors and hedge funds own 98.84% of the company’s stock.

Key Stories Impacting Corpay

Here are the key news stories impacting Corpay this week:

• Positive Sentiment: Q4 results beat consensus — Corpay reported $6.04 EPS vs. ~ $5.93 est. and revenue of $1.25B (up 20.7% YoY), with healthy margins and ROE that demonstrate profitable growth. These results underpin the positive market reaction. MarketBeat Q4 Coverage
• Positive Sentiment: Raised FY2026 guidance — management set FY2026 EPS at $25.50–$26.50, above Street expectations (~$24.19), signaling stronger full‑year profitability that likely drove investor enthusiasm. Press Release / Guidance
• Positive Sentiment: Momentum in corporate payments and M&A is supporting growth — analyst/deep‑dive coverage highlights that acquisitions and expansion of corporate payments products are driving revenue acceleration and higher take rates. Yahoo Deep Dive
• Neutral Sentiment: Earnings call transcript available — management commentary provides detail on segment trends (resilient business spending) and execution priorities; useful for modeling but largely confirms published results. Earnings Call Transcript
• Neutral Sentiment: Coverage notes resilience in business spending — Reuters and other outlets highlight that corporate payments remained strong, supporting topline stability across macro environments. Reuters
• Positive Sentiment: Non‑core asset sale — Corpay agreed to sell PayByPhone to Lightyear Capital, a move that should simplify the portfolio and free cash for core business priorities or buybacks/deleveraging. BusinessWire: PayByPhone Sale
• Negative Sentiment: Q1 2026 guidance misses consensus — management guided Q1 EPS to $5.38–$5.52 versus a Street estimate around $5.82, a near‑term headwind that could cap upside until early‑year results prove out. Press Release / Guidance

About Corpay

Corpay (NYSE:CPAY) is a global payments and fintech company that provides businesses with tools to manage, move and optimize corporate spend. The company focuses on commercial payments, foreign exchange and cross-border transactions, aiming to simplify treasury operations and reduce friction in business-to-business payments through technology-driven solutions.

Its product offering includes payment processing and accounts payable automation, corporate and virtual card programs, expense management tools, and foreign-exchange hedging and execution services for international payments.