Corpay (NYSE:CPAY) Stock Price Expected to Rise, JPMorgan Chase & Co. Analyst Says

Corpay (NYSE:CPAY) had its price objective boosted by JPMorgan Chase & Co. from $400.00 to $470.00 in a report released on Thursday,Benzinga reports. The firm presently has an “overweight” rating on the corporate payments company’s stock. JPMorgan Chase & Co.‘s price objective points to a potential upside of 17.63% from the company’s current price.

Other equities research analysts have also recently issued research reports about the stock. Loop Capital began coverage on shares of Corpay in a report on Monday, May 18th. They set a “buy” rating and a $406.00 price target on the stock. Raymond James Financial reissued an “outperform” rating and set a $442.00 price target on shares of Corpay in a research note on Thursday. Royal Bank Of Canada lifted their price objective on shares of Corpay from $363.00 to $423.00 and gave the stock a “sector perform” rating in a research note on Thursday. Wolfe Research reaffirmed an “outperform” rating and issued a $475.00 price objective on shares of Corpay in a research note on Thursday. Finally, Morgan Stanley raised their target price on shares of Corpay from $400.00 to $415.00 and gave the stock an “overweight” rating in a report on Tuesday, July 28th. Twelve investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $418.00.

Corpay Trading Up 1.3%

Shares of CPAY traded up $5.02 during mid-day trading on Thursday, reaching $399.55. The company’s stock had a trading volume of 683,082 shares, compared to its average volume of 636,819. The stock has a market cap of $26.11 billion, a PE ratio of 23.91, a P/E/G ratio of 1.08 and a beta of 0.87. The company’s fifty day moving average price is $356.34 and its two-hundred day moving average price is $337.74. Corpay has a 52 week low of $252.84 and a 52 week high of $405.95. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 1.86.

Corpay (NYSE:CPAY) last issued its earnings results on Wednesday, August 5th. The corporate payments company reported $7.00 earnings per share (EPS) for the quarter, topping the consensus estimate 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 for the quarter, compared to analysts’ expectations of $1.30 billion. During the same quarter last year, the business earned $5.13 earnings per share. The business’s 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. On average, analysts predict that Corpay will post 25.48 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, insider Armando Lins Netto sold 70,476 shares of the business’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 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Steven T. Stull sold 1,000 shares of the business’s stock in a transaction on Tuesday, June 2nd. The shares were sold at an average price of $360.78, for a total transaction of $360,780.00. Following the sale, the director directly owned 28,241 shares of the company’s stock, valued at approximately $10,188,787.98. The trade was a 3.42% decrease in their position. 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 owned by insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of CPAY. Moran Wealth Management LLC lifted its holdings in shares of Corpay by 77.9% during the 1st quarter. Moran Wealth Management LLC now owns 37,869 shares of the corporate payments company’s stock valued at $11,020,000 after acquiring an additional 16,586 shares in the last quarter. Louisiana State Employees Retirement System bought a new stake in shares of Corpay in the 1st quarter worth approximately $1,048,000. Procyon Advisors LLC grew its stake in Corpay by 78.0% in the first quarter. Procyon Advisors LLC now owns 6,357 shares of the corporate payments company’s stock valued at $1,850,000 after acquiring an additional 2,786 shares during the period. M&T Bank Corp grew its stake in Corpay by 4,657.7% in the 4th quarter. M&T Bank Corp now owns 1,044,074 shares of the corporate payments company’s stock valued at $314,193,000 after buying an additional 1,022,129 shares during the last quarter. Finally, Anchor Capital Advisors LLC grew its stake in Corpay by 6.9% in the fourth quarter. Anchor Capital Advisors LLC now owns 124,731 shares of the corporate payments company’s stock valued at $37,535,000 after acquiring an additional 8,094 shares during the period. 98.84% of the stock is currently owned by hedge funds and other institutional investors.

Key Stories Impacting Corpay

Here are the key news stories impacting Corpay this week:

• Positive Sentiment: Q2 results exceeded expectations. Corpay reported adjusted earnings of $7.00 per share versus the $6.58 consensus estimate, while revenue rose 21.5% year over year to $1.34 billion, beating the $1.30 billion forecast. Management cited strong Corporate Payments performance, expanding margins and double-digit organic revenue growth for the fifth consecutive quarter. Corpay Reports Second Quarter Financial Results
• Positive Sentiment: Full-year and third-quarter forecasts were raised above analyst expectations. Corpay guided to 2026 EPS of $27.15-$27.55, above the $26.52 consensus, and third-quarter EPS of $7.05-$7.25 versus estimates of $6.96. Third-quarter revenue guidance of approximately $1.4 billion also exceeds the roughly $1.3 billion consensus. Corpay Q2 Earnings Beat Estimates on Corporate Payments Strength
• Positive Sentiment: Keefe, Bruyette & Woods raised its price target. The firm increased its target from $400 to $470 and reiterated an “outperform” rating, indicating continued confidence in Corpay’s earnings momentum and valuation potential. Keefe, Bruyette & Woods Price Target Update
• Neutral Sentiment: Corpay agreed to sell its non-core UK vehicle-payments businesses—epyx, r2c Online and Business Gateway—to OEConnection. The divestiture could sharpen management’s focus on higher-priority corporate payments operations, although financial terms and the immediate earnings impact were not disclosed. Corpay Announces Agreement to Sell Non-Core Vehicle Payments Business

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.