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

Corpay (NYSE:CPAYGet Free Report) had its price target upped by research analysts at Cantor Fitzgerald from $415.00 to $480.00 in a note issued to investors on Monday,Benzinga reports. The firm currently has an “overweight” rating on the corporate payments company’s stock. Cantor Fitzgerald’s price target would indicate a potential upside of 22.01% from the stock’s current price.

Several other equities analysts have also weighed in on CPAY. Morgan Stanley set a $455.00 price objective on shares of Corpay in a research report on Friday. JPMorgan Chase & Co. upped their price objective on Corpay from $400.00 to $470.00 and gave the company an “overweight” rating in a report on Thursday. Oppenheimer restated an “outperform” rating and issued a $388.00 price target on shares of Corpay in a research note on Friday, May 8th. Wolfe Research restated an “outperform” rating and set a $475.00 target price on shares of Corpay in a research report on Thursday. Finally, UBS Group boosted their price target on Corpay from $385.00 to $415.00 and gave the company a “neutral” rating in a research note on Thursday. Twelve investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Corpay presently has a consensus rating of “Moderate Buy” and a consensus target price of $426.08.

Check Out Our Latest Research Report on CPAY

Corpay Stock Up 0.1%

Corpay stock opened at $393.42 on Monday. The company has a fifty day simple moving average of $358.28 and a 200 day simple moving average of $338.25. Corpay has a 1-year low of $252.84 and a 1-year high of $405.95. The company has a current ratio of 0.97, a quick ratio of 0.98 and a debt-to-equity ratio of 1.70. The company has a market cap of $25.71 billion, a P/E ratio of 23.94, a price-to-earnings-growth ratio of 1.09 and a beta of 0.87.

Corpay (NYSE:CPAYGet Free Report) last announced its quarterly earnings data on Wednesday, August 5th. The corporate payments company reported $7.00 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $6.58 by $0.42. The company had revenue of $1.34 billion for the quarter, compared to analysts’ expectations of $1.30 billion. Corpay had a return on equity of 42.18% and a net margin of 22.72%.The business’s revenue was up 21.5% compared to the same quarter last year. During the same quarter in the prior year, the business posted $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. Research analysts anticipate that Corpay will post 25.49 earnings per share for the current fiscal year.

Insider Activity at Corpay

In related news, Director Steven T. Stull sold 1,000 shares of the company’s stock in a transaction 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 completion of the sale, the director directly owned 28,241 shares in the company, valued at $10,188,787.98. This represents a 3.42% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider Armando Lins Netto sold 70,476 shares of the business’s stock in a transaction dated Monday, June 15th. The stock was 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 of the company’s stock, valued at approximately $3,969,913.62. The trade was a 86.21% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 88,677 shares of company stock valued at $31,304,091. Company insiders own 5.19% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of CPAY. MV Capital Management Inc. acquired a new position in shares of Corpay in the fourth quarter valued at approximately $25,000. Leonteq Securities AG acquired a new stake in Corpay during the 4th quarter valued at approximately $27,000. Axiom Investment Management LLC acquired a new stake in shares of Corpay during the first quarter worth $27,000. BOKF NA boosted its position in Corpay by 4,700.0% during the third quarter. BOKF NA now owns 96 shares of the corporate payments company’s stock valued at $28,000 after acquiring an additional 94 shares during the last quarter. Finally, Torren Management LLC bought a new stake in shares of Corpay during the 4th quarter valued at about $29,000. 98.84% of the stock is currently owned by institutional investors.

About Corpay

(Get Free Report)

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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Analyst Recommendations for Corpay (NYSE:CPAY)

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