Corpay (NYSE:CPAY) Updates Q2 2026 Earnings Guidance

Corpay (NYSE:CPAY) issued an update on its second quarter 2026 earnings guidance on Thursday morning. The company provided EPS guidance of 6.450-6.650 for the period, compared to the consensus EPS 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.

Corpay Stock Performance

NYSE CPAY opened at $343.98 on Friday. Corpay has a fifty-two week low of $252.84 and a fifty-two week high of $361.99. The stock has a market cap of $23.41 billion, a price-to-earnings ratio of 20.59, a price-to-earnings-growth ratio of 0.86 and a beta of 0.81. The business has a fifty day moving average of $310.84 and a 200-day moving average of $308.04. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 1.70.

Corpay (NYSE:CPAY) last announced its quarterly earnings results on Thursday, May 7th. The company reported $5.80 EPS for the quarter, topping the consensus estimate of $5.50 by $0.30. Corpay had a return on equity of 37.60% and a net margin of 24.60%.The company had revenue of $1.26 billion during the quarter, compared to analyst estimates of $1.21 billion. During the same period in the prior year, the firm posted $4.51 earnings per share. The firm’s revenue was up 25.4% on a year-over-year basis. Corpay has set its FY 2026 guidance at 26.300-27.100 EPS and its Q2 2026 guidance at 6.450-6.650 EPS. As a group, analysts predict that Corpay will post 24.64 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several research firms have recently commented on CPAY. Wall Street Zen raised shares of Corpay from a “hold” rating to a “buy” rating in a report on Monday, March 23rd. Oppenheimer restated an “outperform” rating and set a $388.00 price objective on shares of Corpay in a research report on Friday. Cantor Fitzgerald boosted their price objective on Corpay from $385.00 to $415.00 and gave the company an “overweight” rating in a research report on Monday, February 9th. JPMorgan Chase & Co. boosted their price objective on Corpay from $350.00 to $390.00 and gave the company an “overweight” rating in a research report on Thursday, February 5th. Finally, Robert W. Baird reduced their target price on shares of Corpay from $440.00 to $380.00 and set an “outperform” rating for the company in a research note on Tuesday, March 31st. Eleven research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, Corpay presently has an average rating of “Moderate Buy” and an average target price of $374.75.

Insider Activity at Corpay

In other news, CAO Alissa B. Vickery sold 1,701 shares of Corpay stock in a transaction that occurred on Tuesday, February 10th. The shares were sold at an average price of $358.65, for a total value of $610,063.65. Following the transaction, the chief accounting officer directly owned 2,180 shares of the company’s stock, valued at $781,857. This trade represents a 43.83% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 5.19% of the stock is currently owned by insiders.

Corpay News Roundup

Here are the key news stories impacting Corpay this week:

• Positive Sentiment: Corpay beat Q1 estimates, reporting EPS of $5.80 versus $5.50 expected and revenue of $1.26 billion versus $1.21 billion expected, helped by strong corporate payments performance. Corpay Reports First Quarter Financial Results
• Positive Sentiment: Corporate Payments revenue jumped 46% year over year and organic revenue rose 11%, signaling healthy underlying demand and execution. CPAY Q1 Earnings Beat Estimates on Corporate Payments Strength
• Positive Sentiment: Management raised 2026 guidance, with full-year EPS now expected at $26.30-$27.10 and Q2 EPS at $6.45-$6.65, both above Wall Street estimates. Corpay Reports First Quarter Financial Results
• Neutral Sentiment: Several follow-up articles and the earnings call transcript focused on the same Q1 beat and guidance raise, reinforcing the positive earnings narrative rather than adding new catalysts. Corpay, Inc. (CPAY) Q1 2026 Earnings Call Transcript
• Negative Sentiment: No major negative catalyst was highlighted in the provided articles; investor attention appears centered on the stronger-than-expected results and improved outlook.

Institutional Trading of Corpay

Several large investors have recently added to or reduced their stakes in CPAY. Parkside Financial Bank & Trust raised its stake in shares of Corpay by 215.0% during the 4th quarter. Parkside Financial Bank & Trust now owns 356 shares of the company’s stock worth $107,000 after purchasing an additional 243 shares in the last quarter. Smartleaf Asset Management LLC raised its holdings in shares of Corpay by 10.3% in the 4th quarter. Smartleaf Asset Management LLC now owns 546 shares of the company’s stock valued at $167,000 after purchasing an additional 51 shares during the period. Advisors Asset Management Inc. raised its holdings in shares of Corpay by 58.0% in the 4th quarter. Advisors Asset Management Inc. now owns 447 shares of the company’s stock valued at $135,000 after purchasing an additional 164 shares during the period. Los Angeles Capital Management LLC bought a new stake in Corpay in the 4th quarter valued at $95,000. Finally, Quarry LP lifted its holdings in Corpay by 244.2% during the 3rd quarter. Quarry LP now owns 265 shares of the company’s stock valued at $76,000 after purchasing an additional 188 shares during the last quarter. 98.84% of the stock is owned by institutional investors.

About Corpay

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.