Corpay (NYSE:CPAY – Get Free Report) updated its second quarter 2026 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 6.450-6.650 for the period, compared to the consensus estimate of 6.180. The company issued revenue guidance of $1.3 billion-$1.3 billion, compared to the consensus revenue estimate of $1.3 billion. Corpay also updated its FY 2026 guidance to 26.300-27.100 EPS.
Analysts Set New Price Targets
Several research firms recently commented on CPAY. Weiss Ratings raised shares of Corpay from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, April 27th. Oppenheimer reaffirmed an “outperform” rating and issued a $378.00 price objective on shares of Corpay in a report on Thursday, February 5th. JPMorgan Chase & Co. raised their price objective on shares of Corpay from $350.00 to $390.00 and gave the stock an “overweight” rating in a report on Thursday, February 5th. Cantor Fitzgerald raised their price objective on shares of Corpay from $385.00 to $415.00 and gave the stock an “overweight” rating in a report on Monday, February 9th. Finally, Wall Street Zen raised shares of Corpay from a “hold” rating to a “buy” rating in a report on Monday, March 23rd. Eleven equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, Corpay has an average rating of “Moderate Buy” and an average target price of $373.92.
Read Our Latest Report on Corpay
Corpay Price Performance
Corpay (NYSE:CPAY – Get Free Report) last posted its earnings results on Thursday, May 7th. The company reported $5.48 earnings per share (EPS) for the quarter, missing the consensus estimate of $5.50 by ($0.02). Corpay had a return on equity of 37.13% and a net margin of 23.62%.Corpay has set its FY 2026 guidance at 26.300-27.100 EPS and its Q2 2026 guidance at 6.450-6.650 EPS. Equities analysts expect that Corpay will post 24.64 EPS for the current year.
Insider Buying and Selling at Corpay
In other news, CAO Alissa B. Vickery sold 1,701 shares of the firm’s stock in a transaction on Tuesday, February 10th. The shares were sold at an average price of $358.65, for a total transaction of $610,063.65. Following the sale, the chief accounting officer owned 2,180 shares in the company, valued at approximately $781,857. This trade represents a 43.83% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Company insiders own 5.19% of the company’s stock.
Institutional Trading of Corpay
Several institutional investors and hedge funds have recently made changes to their positions in CPAY. BOKF NA raised its position in shares of Corpay by 4,700.0% during the 3rd quarter. BOKF NA now owns 96 shares of the company’s stock valued at $28,000 after buying an additional 94 shares in the last quarter. DV Equities LLC purchased a new stake in shares of Corpay during the 4th quarter valued at $30,000. Towarzystwo Funduszy Inwestycyjnych PZU SA raised its position in shares of Corpay by 78.6% during the 4th quarter. Towarzystwo Funduszy Inwestycyjnych PZU SA now owns 125 shares of the company’s stock valued at $38,000 after buying an additional 55 shares in the last quarter. Advisory Services Network LLC purchased a new stake in shares of Corpay during the 3rd quarter valued at $48,000. Finally, Sunbelt Securities Inc. raised its position in shares of Corpay by 144.0% during the 3rd quarter. Sunbelt Securities Inc. now owns 222 shares of the company’s stock valued at $64,000 after buying an additional 131 shares in the last quarter. Hedge funds and other institutional investors own 98.84% of the company’s stock.
Corpay Company Profile
Corpay (NYSE:CPAY) is a global payments and fintech company that provides businesses with tools to manage, move and optimize corporate spend. The company focuses on commercial payments, foreign exchange and cross-border transactions, aiming to simplify treasury operations and reduce friction in business-to-business payments through technology-driven solutions.
Its product offering includes payment processing and accounts payable automation, corporate and virtual card programs, expense management tools, and foreign-exchange hedging and execution services for international payments.
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