Corpay (NYSE:CPAY) Price Target Raised to $340.00

Corpay (NYSE:CPAY) had its price objective raised by Mizuho from $320.00 to $340.00 in a research report report published on Friday morning, MarketBeat reports. The firm currently has a neutral rating on the stock.

Other analysts have also recently issued reports about the company. Jefferies Financial Group reissued a “buy” rating on shares of Corpay in a research report on Monday, November 3rd. Morgan Stanley increased their price objective on Corpay from $379.00 to $390.00 and gave the company an “overweight” rating in a report on Thursday. Cantor Fitzgerald upgraded shares of Corpay to a “strong-buy” rating in a research report on Tuesday, January 27th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Corpay in a research report on Monday, December 29th. Finally, Royal Bank Of Canada increased their price target on shares of Corpay from $344.00 to $363.00 and gave the stock a “sector perform” rating in a research note on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $373.00.

Corpay Price Performance

Shares of NYSE:CPAY opened at $352.98 on Friday. Corpay has a 12 month low of $252.84 and a 12 month high of $391.28. The firm has a market capitalization of $24.69 billion, a P/E ratio of 23.47, a P/E/G ratio of 1.03 and a beta of 0.82. The company has a debt-to-equity ratio of 1.70, a current ratio of 0.98 and a quick ratio of 1.13. The company’s fifty day moving average price is $313.85 and its 200 day moving average price is $304.33.

Corpay (NYSE:CPAY) last released its quarterly earnings data on Wednesday, February 4th. The company reported $6.04 earnings per share (EPS) for the quarter, beating the consensus estimate of $5.93 by $0.11. The company had revenue of $1.25 billion during the quarter, compared to the consensus estimate of $1.23 billion. Corpay had a net margin of 23.62% and a return on equity of 37.13%. Corpay’s revenue for the quarter was up 20.7% on a year-over-year basis. During the same quarter in the prior year, the firm posted $5.36 earnings per share. Corpay has set its FY 2026 guidance at 25.500-26.500 EPS and its Q1 2026 guidance at 5.380-5.520 EPS. As a group, sell-side analysts predict that Corpay will post 19.76 earnings per share for the current fiscal year.

Insider Buying and Selling at Corpay

In other news, Director Steven T. Stull purchased 8,000 shares of the company’s stock in a transaction dated Friday, December 12th. The shares were acquired at an average cost of $314.98 per share, for a total transaction of $2,519,840.00. Following the completion of the purchase, the director directly owned 29,241 shares in the company, valued at $9,210,330.18. The trade was a 37.66% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 5.04% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Corpay

Institutional investors and hedge funds have recently made changes to their positions in the stock. Vanguard Group Inc. lifted its stake in shares of Corpay by 0.7% in the third quarter. Vanguard Group Inc. now owns 8,182,672 shares of the company’s stock valued at $2,357,100,000 after purchasing an additional 58,235 shares during the period. Orbis Allan Gray Ltd increased its holdings in Corpay by 3.3% in the second quarter. Orbis Allan Gray Ltd now owns 3,855,589 shares of the company’s stock valued at $1,279,362,000 after buying an additional 124,368 shares in the last quarter. State Street Corp lifted its position in shares of Corpay by 0.8% during the 3rd quarter. State Street Corp now owns 2,956,744 shares of the company’s stock valued at $851,720,000 after acquiring an additional 23,470 shares during the period. Boston Partners boosted its stake in shares of Corpay by 5.8% during the 2nd quarter. Boston Partners now owns 2,289,271 shares of the company’s stock worth $758,536,000 after acquiring an additional 125,331 shares in the last quarter. Finally, Invesco Ltd. grew its holdings in shares of Corpay by 4.4% in the 2nd quarter. Invesco Ltd. now owns 1,978,930 shares of the company’s stock worth $656,649,000 after acquiring an additional 84,198 shares during the period. 98.84% of the stock is owned by institutional investors and hedge funds.

More Corpay News

Here are the key news stories impacting Corpay this week:

• Positive Sentiment: Q4 beat — Corpay reported Q4 EPS of $6.04 and revenue of ~$1.25B, topping consensus and showing ~20.7% revenue growth year-over-year; earnings strength and margin expansion were cited on the call. Corpay’s Q4 Earnings and Revenues Surpass Estimates
• Positive Sentiment: Big-bank upgrades — JPMorgan raised its price target to $390 and keeps an overweight stance, signaling confidence in the company’s growth trajectory and upside potential. Corpay Price Target Raised to $390 at JPMorgan Chase & Co.
• Positive Sentiment: Morgan Stanley lift — Morgan Stanley also bumped its target to $390 and maintains an overweight rating, reinforcing the bullish analyst tone. Corpay price target raised by Morgan Stanley
• Positive Sentiment: Portfolio focus — Corpay agreed to sell PayByPhone (non-core vehicle payments asset), underscoring a strategic shift toward higher-growth corporate payments and cleaner portfolio mix. Investors view the move as sharpening the company’s corporate-payments focus. Corpay Refines Portfolio As PayByPhone Sale Highlights Corporate Payments Focus
• Positive Sentiment: Operational momentum — Coverage pieces and a deep-dive note highlight acquisitions and corporate-payments growth as drivers of positive momentum and re-rating potential. CPAY Q4 Deep Dive: Acquisitions and Corporate Payments Drive Positive Momentum
• Positive Sentiment: Investor theses — Independent bullish commentary argues Corpay is underappreciated as a payments infrastructure business rather than a commodity payments provider, supporting a longer-term upside case. Corpay, Inc. (CPAY): A Bull Case Theory
• Neutral Sentiment: RBC raised its target to $363 with a sector-perform rating — another upward revision but less bullish than the $390 targets, reflecting some analyst dispersion on valuation. Corpay price target raised by RBC Capital
• Negative Sentiment: Mizuho’s take is more cautious — Mizuho raised its target to $340 but kept a neutral rating; that target sits below current levels, implying limited near-term upside from that shop. Corpay price target raised by Mizuho
• Negative Sentiment: Near-term guidance miss — Corpay set Q1 FY2026 EPS guidance of $5.38–$5.52, below the consensus (~$5.82), which introduces some short-term uncertainty despite a stronger FY outlook. (Guidance disclosed in earnings release)

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.