Corpay (NYSE:CPAY) Updates FY 2026 Earnings Guidance

Corpay (NYSE:CPAY) issued an update on its FY 2026 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 27.150-27.550 for the period, compared to the consensus EPS estimate of 26.520. The company issued revenue guidance of $5.3 billion-$5.3 billion, compared to the consensus revenue estimate of $5.3 billion. Corpay also updated its Q3 2026 guidance to 7.050-7.250 EPS.

Corpay Stock Down 0.8%

NYSE CPAY traded down $3.24 during trading hours on Wednesday, hitting $393.28. The company had a trading volume of 1,047,751 shares, compared to its average volume of 635,377. The firm’s 50 day moving average is $355.38 and its 200 day moving average is $337.35. 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 has a fifty-two week low of $252.84 and a fifty-two week high of $405.95. The company has a market capitalization of $25.70 billion, a price-to-earnings ratio of 23.54, a P/E/G ratio of 1.05 and a beta of 0.87.

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

Analyst Ratings Changes

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

Insiders Place Their Bets

In other news, insider Armando Lins Netto sold 70,476 shares of the company’s stock in a transaction that occurred on Monday, June 15th. The stock was sold at an average price of $352.13, for a total transaction of $24,816,713.88. Following the completion of the transaction, the insider directly owned 11,274 shares of the company’s stock, 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 document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 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 value of $360,780.00. Following the sale, the director owned 28,241 shares in the company, valued at $10,188,787.98. The trade was a 3.42% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 88,677 shares of company stock valued at $31,304,091. 5.19% of the stock is currently owned by corporate insiders.

Key Headlines Impacting Corpay

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 Investors Weigh In On Corpay

Large investors have recently added to or reduced their stakes in the stock. BOKF NA lifted its stake in Corpay by 4,700.0% in the third quarter. BOKF NA now owns 96 shares of the corporate payments company’s stock valued at $28,000 after buying an additional 94 shares during the last quarter. DV Equities LLC acquired a new stake in shares of Corpay in the 4th quarter worth about $30,000. Towarzystwo Funduszy Inwestycyjnych PZU SA increased 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 acquiring an additional 55 shares during the period. Advisory Services Network LLC bought a new stake in Corpay in the 3rd quarter valued at about $48,000. Finally, MUFG Securities EMEA plc bought a new stake in Corpay in the 2nd quarter valued at about $68,000. 98.84% of the stock is owned by institutional investors and hedge funds.

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.