Corpay (NYSE:CPAY) Price Target Raised to $470.00

Corpay (NYSE:CPAY) had its price target upped by JPMorgan Chase & Co. from $400.00 to $470.00 in a research report report published on Thursday morning,Benzinga reports. They currently have an overweight rating on the corporate payments company’s stock.

CPAY has been the topic of several other reports. UBS Group boosted their price target on shares of Corpay from $385.00 to $415.00 and gave the company a “neutral” rating in a report on Thursday. Robert W. Baird set a $475.00 price objective on Corpay in a research report on Thursday. Keefe, Bruyette & Woods lifted their price objective on Corpay from $400.00 to $470.00 and gave the company an “outperform” rating in a research report on Thursday. Loop Capital assumed coverage on Corpay in a research note on Monday, May 18th. They issued a “buy” rating and a $406.00 target price on the stock. 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 research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $421.08.

Corpay Price Performance

NYSE CPAY opened at $393.42 on Thursday. The company has a debt-to-equity ratio of 1.70, a current ratio of 0.97 and a quick ratio of 0.98. The firm has a market capitalization of $25.71 billion, a price-to-earnings ratio of 23.94, a price-to-earnings-growth ratio of 1.07 and a beta of 0.87. The company has a 50 day simple moving average of $358.28 and a 200-day simple moving average of $338.30. Corpay has a 52-week low of $252.84 and a 52-week high of $405.95.

Corpay (NYSE:CPAY) last announced its quarterly earnings data on Wednesday, August 5th. The corporate payments company reported $7.00 EPS for the quarter, beating analysts’ consensus estimates of $6.58 by $0.42. The firm had revenue of $1.34 billion for the quarter, compared to the consensus estimate of $1.30 billion. Corpay had a net margin of 22.72% and a return on equity of 42.18%. The firm’s revenue was up 21.5% on a year-over-year basis. During the same period in the previous year, the firm posted $5.13 earnings per share. Corpay has set its Q3 2026 guidance at 7.050-7.250 EPS and its FY 2026 guidance at 27.150-27.550 EPS. Equities research analysts predict that Corpay will post 25.49 earnings per share for the current fiscal year.

Insider Activity at Corpay

In other Corpay news, insider Armando Lins Netto sold 70,476 shares of the company’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 completion of the sale, the insider owned 11,274 shares of the company’s stock, valued at $3,969,913.62. This represents a 86.21% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Steven T. Stull sold 1,000 shares of the stock in a transaction that occurred on Tuesday, June 2nd. The shares were sold at an average price of $360.78, for a total value of $360,780.00. Following the transaction, the director owned 28,241 shares in the company, valued at approximately $10,188,787.98. This trade represents a 3.42% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 88,677 shares of company stock valued at $31,304,091. Corporate insiders own 5.19% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. MV Capital Management Inc. bought a new stake in Corpay during the fourth quarter valued at about $25,000. Leonteq Securities AG acquired a new stake in shares of Corpay in the fourth quarter valued at about $27,000. Axiom Investment Management LLC bought a new position in shares of Corpay in the first quarter worth about $27,000. BOKF NA increased its stake in shares of Corpay by 4,700.0% in the third 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 period. Finally, Torren Management LLC acquired a new position in shares of Corpay during the 4th quarter worth about $29,000. Institutional investors own 98.84% of the company’s stock.

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.