JPMorgan Chase & Co. Issues Positive Forecast for Corpay (NYSE:CPAY) Stock Price

Corpay (NYSE:CPAY) had its price objective boosted by JPMorgan Chase & Co. from $470.00 to $500.00 in a research note issued to investors on Thursday morning,Benzinga reports. JPMorgan Chase & Co. currently has an overweight rating on the corporate payments company’s stock.

A number of other research firms have also weighed in on CPAY. UBS Group upped their target price on Corpay from $385.00 to $415.00 and gave the stock a “neutral” rating in a report on Thursday, August 6th. Morgan Stanley increased their target price on Corpay from $455.00 to $460.00 and gave the company an “overweight” rating in a research report on Wednesday, October 28th. Raymond James Financial reiterated an “outperform” rating and issued a $442.00 price target on shares of Corpay in a report on Thursday, August 6th. Royal Bank Of Canada boosted their price target on Corpay from $438.00 to $474.00 and gave the stock a “sector perform” rating in a research report on Thursday. Finally, Keefe, Bruyette & Woods upped their price objective on Corpay from $470.00 to $525.00 and gave the stock an “outperform” rating in a research note on Thursday. Eleven equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, Corpay presently has a consensus rating of “Moderate Buy” and an average price target of $469.00.

Corpay Trading Up 7.0%

NYSE:CPAY opened at $447.76 on Thursday. Corpay has a one year low of $259.05 and a one year high of $479.53. The company has a debt-to-equity ratio of 1.70, a quick ratio of 0.97 and a current ratio of 0.97. The firm has a market cap of $29.40 billion, a P/E ratio of 24.63, a P/E/G ratio of 1.15 and a beta of 0.94. The firm has a 50-day simple moving average of $404.00 and a 200-day simple moving average of $359.49.

Corpay (NYSE:CPAY) last released its quarterly earnings data on Wednesday, November 4th. The corporate payments company reported $7.54 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $7.20 by $0.34. The firm had revenue of $1.38 billion for the quarter, compared to the consensus estimate of $1.36 billion. Corpay had a net margin of 23.73% and a return on equity of 45.84%. The company’s quarterly revenue was up 17.9% on a year-over-year basis. During the same period last year, the firm earned $5.70 earnings per share. Equities analysts anticipate that Corpay will post 25.81 EPS for the current fiscal year.

Insider Buying and Selling

In related news, CEO Ronald Clarke sold 119,486 shares of the stock in a transaction that occurred on Tuesday, August 25th. The shares were sold at an average price of $412.40, for a total transaction of $49,276,026.40. Following the completion of the sale, the chief executive officer owned 2,354,330 shares of the company’s stock, valued at $970,925,692. This represents a 4.83% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Steven T. Stull sold 4,000 shares of the firm’s stock in a transaction that occurred on Wednesday, August 19th. The shares were sold at an average price of $410.66, for a total transaction of $1,642,640.00. Following the completion of the sale, the director owned 23,598 shares of the company’s stock, valued at approximately $9,690,754.68. This trade represents a 14.49% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 220,860 shares of company stock worth $91,395,514. Insiders own 5.19% of the company’s stock.

Hedge Funds Weigh In On Corpay

Large investors have recently made changes to their positions in the business. Axiom Investment Management LLC acquired a new stake in shares of Corpay in the 1st quarter worth $27,000. Burkett Financial Services LLC purchased a new position in Corpay during the 3rd quarter worth $30,000. Strive Financial Group LLC purchased a new position in Corpay during the 2nd quarter worth $35,000. Western Wealth Management LLC acquired a new position in Corpay during the 1st quarter valued at about $36,000. Finally, CoreCap Advisors LLC increased its position in Corpay by 1,246.2% during the 2nd quarter. CoreCap Advisors LLC now owns 175 shares of the corporate payments company’s stock valued at $58,000 after buying an additional 162 shares in the last quarter. 98.84% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about Corpay

Here are the key news stories impacting Corpay this week:

• Positive Sentiment: Corpay reported Q3 adjusted EPS of $7.54, above the roughly $7.20 consensus, while revenue rose 17.9% year over year to $1.38 billion and also beat estimates. The company cited strength in Corporate Payments. Corpay Q3 earnings beat estimates and revenue increased 18%
• Positive Sentiment: Management raised its 2026 outlook, forecasting revenue of $5.34 billion to $5.36 billion, above the $5.32 billion analyst estimate. Corpay also projected 9%–11% organic revenue growth in 2027 and plans to deploy about $2 billion in free cash flow. Corpay 2027 growth outlook and capital plans
• Positive Sentiment: Analysts raised price targets after the report: JPMorgan lifted its target to $500 and kept an overweight rating; Keefe, Bruyette & Woods raised its target to $525 with an outperform rating; and Scotiabank raised its target to $539 with a sector-outperform rating. JPMorgan analyst recommendations
• Neutral Sentiment: UBS raised its price target to $465 but maintained a neutral rating, signaling a more cautious view than several other analysts. UBS analyst recommendations

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.