Corpay (NYSE:CPAY) Releases Q3 2026 Earnings Guidance

Corpay (NYSE:CPAY) issued an update on its third quarter 2026 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 7.050-7.250 for the period, compared to the consensus estimate of 6.960. The company issued revenue guidance of $1.4 billion-$1.4 billion, compared to the consensus revenue estimate of $1.3 billion. Corpay also updated its FY 2026 guidance to 27.150-27.550 EPS.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on CPAY shares. Morgan Stanley boosted their price objective on shares of Corpay from $400.00 to $415.00 and gave the company an “overweight” rating in a research report on Tuesday, July 28th. Loop Capital initiated coverage on Corpay in a research report on Monday, May 18th. They issued a “buy” rating and a $406.00 price target for the company. Oppenheimer reaffirmed an “outperform” rating and set a $388.00 price objective on shares of Corpay in a research report on Friday, May 8th. Weiss Ratings reissued a “buy (b-)” rating on shares of Corpay in a report on Friday, July 24th. Finally, Wolfe Research reaffirmed an “outperform” rating and set a $450.00 price target on shares of Corpay in a report on Wednesday, June 3rd. 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 stock has an average rating of “Moderate Buy” and a consensus target price of $383.69.

Corpay Price Performance

Shares of NYSE:CPAY traded down $3.24 during trading on Wednesday, hitting $393.28. 1,047,751 shares of the company’s stock were exchanged, compared to its average volume of 635,377. The business’s 50-day simple moving average is $355.38 and its 200 day simple moving average is $337.35. The company has a market cap of $25.70 billion, a price-to-earnings ratio of 23.54, a PEG ratio of 1.05 and a beta of 0.87. Corpay has a 52-week low of $252.84 and a 52-week high of $405.95. The company has a debt-to-equity ratio of 1.86, a current ratio of 0.98 and a quick ratio of 0.98.

Corpay (NYSE:CPAY) last released its quarterly earnings data on Thursday, May 14th. The corporate payments company reported ($0.01) earnings per share (EPS) for the quarter. Corpay had a net margin of 24.60% and a return on equity of 38.68%. The company had revenue of $5.63 million for the quarter. As a group, equities analysts predict that Corpay will post 25.48 EPS for the current year.

Insider Transactions at Corpay

In related news, insider Armando Lins Netto sold 70,476 shares of the business’s stock in a transaction on 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 sale, the insider owned 11,274 shares in the company, valued at approximately $3,969,913.62. The trade was a 86.21% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Steven T. Stull sold 1,000 shares of the company’s stock in a transaction on Tuesday, June 2nd. The shares were sold at an average price of $360.78, for a total transaction of $360,780.00. Following the sale, the director directly 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 SEC filing for this sale provides additional information. Insiders sold 88,677 shares of company stock worth $31,304,091 over the last quarter. 5.19% of the stock is owned by company insiders.

Corpay News Roundup

Here are the key news stories impacting Corpay this week:

• Positive Sentiment: Second-quarter results exceeded expectations: Corpay reported adjusted earnings of $7.00 per share, $0.42 above consensus, while revenue reached $1.34 billion versus the $1.30 billion analyst estimate. Management said revenue grew 21%, adjusted net income per share increased 36%, and organic revenue growth remained in the double digits for the fifth consecutive quarter. These results reinforce the company’s strong operating momentum. Corpay Reports Second Quarter Financial Results
• Positive Sentiment: Corpay agreed to sell its non-core vehicle payments businesses—UK-based epyx and affiliated companies r2c Online and Business Gateway—to OEConnection. The divestiture could sharpen Corpay’s focus on its core corporate payments operations, simplify the portfolio and potentially provide additional capital for growth or debt reduction. Financial terms were not disclosed. Corpay Announces Agreement to Sell Non-Core Vehicle Payments Business
• Neutral Sentiment: Corpay Cross-Border became the official foreign-exchange partner of Ultimate Sevens, a new global rugby sevens championship. The agreement should provide branding exposure and an opportunity to market Corpay’s currency-risk management and cross-border payment solutions, although the near-term financial impact is likely limited. Corpay Cross-Border Named the Official FX Partner of Ultimate Sevens

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. BOKF NA increased its stake in Corpay by 4,700.0% during the third quarter. BOKF NA now owns 96 shares of the corporate payments company’s stock worth $28,000 after acquiring an additional 94 shares during the last quarter. DV Equities LLC bought a new stake in shares of Corpay in the 4th quarter valued at approximately $30,000. Towarzystwo Funduszy Inwestycyjnych PZU SA boosted its holdings in shares of Corpay by 78.6% in the 4th quarter. Towarzystwo Funduszy Inwestycyjnych PZU SA now owns 125 shares of the corporate payments company’s stock worth $38,000 after purchasing an additional 55 shares during the period. Advisory Services Network LLC purchased a new position in shares of Corpay in the 3rd quarter worth approximately $48,000. Finally, Sunbelt Securities Inc. increased its position in shares of Corpay by 144.0% during the 3rd quarter. Sunbelt Securities Inc. now owns 222 shares of the corporate payments company’s stock valued at $64,000 after purchasing an additional 131 shares during the last quarter. Hedge funds and other 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.