Corpay (NYSE:CPAY) Given New $470.00 Price Target at Keefe, Bruyette & Woods

Corpay (NYSE:CPAY) had its target price hoisted by stock analysts at Keefe, Bruyette & Woods from $400.00 to $470.00 in a research note issued to investors on Thursday,Benzinga reports. The firm currently has an “outperform” rating on the corporate payments company’s stock. Keefe, Bruyette & Woods’ price target would suggest a potential upside of 19.51% from the company’s current price.

A number of other research analysts have also recently commented on CPAY. Morgan Stanley upped their price target on Corpay from $400.00 to $415.00 and gave the stock an “overweight” rating in a research note on Tuesday, July 28th. Loop Capital started coverage on Corpay in a research note on Monday, May 18th. They issued a “buy” rating and a $406.00 price objective for the company. Oppenheimer reissued an “outperform” rating and set a $388.00 target price 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 report on Thursday. Finally, Raymond James Financial reaffirmed an “outperform” rating and issued a $442.00 target price on shares of Corpay in a research report on Thursday. Twelve equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $401.85.

Corpay Price Performance

Corpay stock opened at $393.28 on Thursday. The company’s 50 day simple moving average is $356.34 and its 200-day simple moving average is $337.74. The company has a debt-to-equity ratio of 1.86, a quick ratio of 0.98 and a current ratio of 0.98. Corpay has a 1 year low of $252.84 and a 1 year high of $405.95. The company has a market capitalization of $25.70 billion, a price-to-earnings ratio of 23.54, a price-to-earnings-growth ratio of 1.08 and a beta of 0.87.

Corpay (NYSE:CPAY) last posted its quarterly earnings data on Wednesday, August 5th. The corporate payments company reported $7.00 earnings per share for the quarter, topping analysts’ consensus estimates of $6.58 by $0.42. Corpay had a net margin of 24.60% and a return on equity of 38.68%. The firm had revenue of $1.34 billion during the quarter, compared to analysts’ expectations of $1.30 billion. During the same quarter last year, the company posted $5.13 EPS. The firm’s quarterly revenue was up 21.5% on a year-over-year basis. Corpay has set its Q3 2026 guidance at 7.050-7.250 EPS and its FY 2026 guidance at 27.150-27.550 EPS. As a group, equities research analysts expect that Corpay will post 25.48 earnings per share for the current year.

Insider Buying and Selling 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 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 $3,969,913.62. The trade was a 86.21% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Steven T. Stull sold 1,000 shares of the business’s stock in a transaction 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 transaction, the director directly owned 28,241 shares of the company’s stock, valued at $10,188,787.98. The trade was a 3.42% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 88,677 shares of company stock worth $31,304,091. Insiders own 5.19% of the company’s stock.

Hedge Funds Weigh In On Corpay

Hedge funds and other institutional investors have recently made changes to their positions in the stock. MV Capital Management Inc. purchased a new position in Corpay in the fourth quarter worth approximately $25,000. Leonteq Securities AG acquired a new stake in shares of Corpay in the 4th quarter valued at $27,000. Axiom Investment Management LLC acquired a new stake in shares of Corpay in the 1st quarter valued at $27,000. BOKF NA lifted its position in shares of Corpay by 4,700.0% during the 3rd quarter. BOKF NA now owns 96 shares of the corporate payments company’s stock worth $28,000 after purchasing an additional 94 shares during the last quarter. Finally, Torren Management LLC purchased a new stake in shares of Corpay during the 4th quarter worth $29,000. Hedge funds and other institutional investors own 98.84% of the company’s stock.

Corpay News Summary

Here are the key news stories impacting Corpay this week:

• Positive Sentiment: Q2 earnings and revenue beat expectations. Corpay reported adjusted EPS of $7.00, exceeding the $6.58 consensus estimate and rising from $5.13 a year earlier. Revenue increased 21.5% year over year to $1.34 billion, ahead of the $1.30 billion estimate. Management cited 21% revenue growth, 36% adjusted net income per-share growth and double-digit organic revenue growth for the fifth consecutive quarter. Corpay Reports Second Quarter Financial Results
• Positive Sentiment: Full-year and third-quarter guidance are above analyst expectations. Corpay forecast third-quarter EPS of $7.05–$7.25 versus consensus of $6.96, with revenue of approximately $1.4 billion versus expectations of $1.3 billion. Its FY 2026 EPS outlook of $27.15–$27.55 also exceeds the $26.52 consensus estimate, implying a midpoint of $27.35. Corpay Signals 2026 Cash EPS Midpoint
• Positive Sentiment: Portfolio streamlining could improve strategic focus. Corpay agreed to sell UK-based epyx and related businesses r2c Online and Business Gateway to OEConnection. Management describes the assets as non-core, and the transaction may allow Corpay to concentrate capital and resources on higher-priority corporate payments and expense-management operations. Corpay Announces Agreement to Sell Non-Core Vehicle Payments Business
• Neutral Sentiment: Corpay Cross-Border was named the official foreign-exchange partner of the new Ultimate Sevens rugby championship. The agreement may provide branding and business-development opportunities, but its near-term financial effect is unclear. Corpay Cross-Border Named Official FX Partner

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.