Corpay (NYSE:CPAY) Stock Gets Price Target Boost from JPMorgan Chase & Co.

Corpay (NYSE:CPAY) had its price target hoisted by investment analysts at JPMorgan Chase & Co. from $470.00 to $500.00 in a note issued to investors on Thursday, Benzinga reports. The brokerage presently has an “overweight” rating on the corporate payments company’s stock. JPMorgan Chase & Co.‘s price objective indicates a potential upside of 9.86% from the stock’s previous close.

Several other research analysts also recently commented on the company. Raymond James Financial reissued an “outperform” rating and set a $442.00 target price on shares of Corpay in a research note on Thursday, August 6th. Scotiabank upped their price objective on shares of Corpay from $536.00 to $539.00 and gave the stock a “sector outperform” rating in a research report on Thursday. Royal Bank Of Canada increased their price objective on shares of Corpay from $438.00 to $474.00 and gave the company a “sector perform” rating in a research note on Thursday. Morgan Stanley raised their target price on shares of Corpay from $455.00 to $460.00 and gave the company an “overweight” rating in a research report on Wednesday, October 28th. Finally, Keefe, Bruyette & Woods boosted their target price on shares of Corpay from $470.00 to $525.00 and gave the stock an “outperform” rating in a research note on Thursday. Eleven investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $469.00.

Corpay Price Performance

NYSE CPAY traded up $8.13 on Thursday, hitting $455.13. 1,077,901 shares of the company’s stock were exchanged, compared to its average volume of 454,660. The stock has a 50-day moving average of $405.04 and a 200-day moving average of $360.03. The stock has a market cap of $29.88 billion, a price-to-earnings ratio of 25.03, a P/E/G ratio of 1.12 and a beta of 0.94. Corpay has a 52 week low of $271.22 and a 52 week high of $479.53. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 1.70.

Corpay (NYSE:CPAY) last posted its quarterly earnings results on Wednesday, November 4th. The corporate payments company reported $7.54 EPS for the quarter, topping analysts’ consensus estimates of $7.20 by $0.34. The company had revenue of $1.38 billion during the quarter, compared to analysts’ expectations of $1.36 billion. Corpay had a return on equity of 42.18% and a net margin of 22.72%. Corpay’s revenue was up 17.9% on a year-over-year basis. During the same quarter in the previous year, the firm earned $5.70 EPS. Analysts expect that Corpay will post 25.81 earnings per share for the current year.

Insider Buying and Selling

In related news, CEO Ronald Clarke sold 119,486 shares of the firm’s stock in a transaction that occurred on Tuesday, August 25th. The shares were sold at an average price of $412.40, for a total value of $49,276,026.40. Following the completion of the transaction, the chief executive officer owned 2,354,330 shares in the company, valued at $970,925,692. This trade represents a 4.83% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Steven Stull sold 4,000 shares of the business’s stock in a transaction that occurred on Wednesday, August 19th. The stock was sold at an average price of $410.66, for a total transaction of $1,642,640.00. Following the sale, the director directly owned 23,598 shares in the company, valued at $9,690,754.68. The trade was a 14.49% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 220,860 shares of company stock valued at $91,395,514. 5.19% of the stock is owned by company insiders.

Institutional Trading of Corpay

Institutional investors and hedge funds have recently bought and sold shares of the stock. Spruce House Investment Management LLC grew its position in shares of Corpay by 6.0% in the 1st quarter. Spruce House Investment Management LLC now owns 880,000 shares of the corporate payments company’s stock valued at $256,071,000 after buying an additional 50,000 shares during the last quarter. Dimensional Fund Advisors LP raised its position in shares of Corpay by 3.1% during the first quarter. Dimensional Fund Advisors LP now owns 782,500 shares of the corporate payments company’s stock worth $227,695,000 after acquiring an additional 23,646 shares during the last quarter. Hawk Ridge Capital Management LP raised its position in shares of Corpay by 20.5% during the first quarter. Hawk Ridge Capital Management LP now owns 532,180 shares of the corporate payments company’s stock worth $154,859,000 after acquiring an additional 90,360 shares during the last quarter. Bank of New York Mellon Corp acquired a new position in shares of Corpay in the second quarter worth approximately $107,805,000. Finally, Bank of America Corp DE lifted its stake in shares of Corpay by 0.6% in the first quarter. Bank of America Corp DE now owns 364,102 shares of the corporate payments company’s stock worth $105,950,000 after acquiring an additional 2,131 shares during the period. 98.84% of the stock is currently 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 estimate, while revenue rose 18% year over year. Strength in Corporate Payments helped lift results. Corpay Q3 Earnings Beat Estimates, Revenues Increase 18% Y/Y
• Positive Sentiment: The company raised its 2026 outlook, projecting revenue of $5.34 billion–$5.36 billion, ahead of the cited FactSet estimate of $5.32 billion. It also forecast 9%–11% organic revenue growth in 2027 and plans to deploy about $2 billion of free cash flow, supporting its growth and capital-return case. Corpay’s 2027 growth outlook and free-cash-flow plans
• Positive Sentiment: Several analysts raised price targets after the results, including JPMorgan to $500, Keefe, Bruyette & Woods to $525, and Scotiabank to $539, reflecting improved expectations for Corpay’s prospects. Keefe, Bruyette & Woods raises Corpay price target
• Neutral Sentiment: Analyst views are not uniformly bullish: UBS lifted its target to $465 but maintained a neutral rating. Some coverage also asks whether the earnings-driven rally has already priced in much of the upside. Analysts’ opinions are mixed on Corpay

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.