Corpay (NYSE:CPAY) Stock Price Target Raised at Keefe, Bruyette & Woods

Key Points

• Keefe, Bruyette & Woods raised Corpay’s price target from $470 to $525 and reiterated its “outperform” rating, implying 25.36% upside from the stock’s current price.
• Corpay’s latest quarter beat expectations, with EPS of $7.54 versus $7.20 estimated and revenue up 17.9% year over year to $1.38 billion.
• The company raised its fiscal 2026 revenue outlook to $5.34 billion–$5.36 billion; management also expects 9%–11% organic revenue growth in 2027.

Corpay (NYSE:CPAY - Get Free Report) had its target price upped by research analysts at Keefe, Bruyette & Woods from $470.00 to $525.00 in a report released on Thursday, Benzinga reports. The firm presently has an "outperform" rating on the corporate payments company's stock. Keefe, Bruyette & Woods's target price indicates a potential upside of 25.36% from the stock's current price.

Several other research firms have also commented on CPAY. Robert W. Baird set a $475.00 price target on Corpay in a research report on Thursday, August 6th. Wall Street Zen downgraded shares of Corpay from a "buy" rating to a "hold" rating in a research report on Saturday, October 24th. JPMorgan Chase & Co. increased their price objective on shares of Corpay from $400.00 to $470.00 and gave the company an "overweight" rating in a research report on Thursday, August 6th. Scotiabank initiated coverage on shares of Corpay in a research note on Wednesday, September 2nd. They set an "outperform" rating and a $536.00 price objective on the stock. Finally, Wolfe Research boosted their target price on shares of Corpay from $475.00 to $530.00 and gave the stock an "outperform" rating in a research report on Tuesday, August 25th. Eleven analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, Corpay has an average rating of "Moderate Buy" and an average target price of $454.23.

Corpay Trading Up 3.0%

NYSE:CPAY opened at $418.79 on Thursday. The business's 50-day moving average is $403.19 and its two-hundred day moving average is $359.03. The firm has a market capitalization of $27.50 billion, a PE ratio of 25.49, a price-to-earnings-growth ratio of 1.11 and a beta of 0.94. Corpay has a 12 month low of $256.38 and a 12 month high of $427.46. The company has a debt-to-equity ratio of 1.70, a current ratio of 0.97 and a quick ratio of 0.97.

Corpay (NYSE:CPAY - Get Free Report) last issued its earnings results on Wednesday, November 4th. The corporate payments company reported $7.54 earnings per share for the quarter, topping the consensus estimate of $7.20 by $0.34. Corpay had a return on equity of 42.18% and a net margin of 22.72%. The company had revenue of $1.38 billion during the quarter, compared to the consensus estimate of $1.36 billion. During the same quarter in the prior year, the business earned $5.70 earnings per share. The company's revenue was up 17.9% compared to the same quarter last year. Research analysts predict that Corpay will post 25.81 earnings per share for the current fiscal year.

Insider Activity at Corpay

In other news, Director Steven Stull sold 4,000 shares of the firm's stock in a transaction that occurred on Wednesday, August 19th. The shares were sold at an average price of $410.66, for a total transaction of $1,642,640.00. Following the completion of the sale, the director owned 23,598 shares of the company's stock, valued at approximately $9,690,754.68. This trade represents a 14.49% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Ronald Clarke sold 119,486 shares of the firm's stock in a transaction that occurred on Tuesday, August 25th. The stock was sold at an average price of $412.40, for a total transaction of $49,276,026.40. Following the sale, the chief executive officer directly owned 2,354,330 shares of the company's stock, valued at $970,925,692. The trade was a 4.83% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 220,860 shares of company stock valued at $91,395,514. Company insiders own 5.19% of the company's stock.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. Empowered Funds LLC boosted its stake in Corpay by 141.3% in the first quarter. Empowered Funds LLC now owns 5,490 shares of the corporate payments company's stock valued at $1,598,000 after acquiring an additional 3,215 shares during the period. National Pension Service raised its position in shares of Corpay by 49.8% during the 2nd quarter. National Pension Service now owns 8,711 shares of the corporate payments company's stock worth $2,903,000 after purchasing an additional 2,894 shares during the period. Nykredit A S acquired a new stake in shares of Corpay during the 2nd quarter worth approximately $7,473,000. Procyon Advisors LLC raised its position in shares of Corpay by 78.0% during the 1st quarter. Procyon Advisors LLC now owns 6,357 shares of the corporate payments company's stock worth $1,850,000 after purchasing an additional 2,786 shares during the period. Finally, Citizens Financial Group Inc. RI lifted its holdings in shares of Corpay by 1,373.1% in the 3rd quarter. Citizens Financial Group Inc. RI now owns 15,350 shares of the corporate payments company's stock worth $5,521,000 after purchasing an additional 14,308 shares during the last quarter. 98.84% of the stock is currently owned by institutional investors.

Trending Headlines about Corpay

Here are the key news stories impacting Corpay this week:

• Positive Sentiment: Third-quarter adjusted EPS was $7.54, above estimates of about $7.20 and up from $5.70 a year earlier. Revenue rose 17.9% year over year to $1.38 billion, also topping expectations. Corpay Q3 Earnings and Revenues Top Estimates
• Positive Sentiment: Corpay raised its fiscal 2026 revenue outlook to $5.34 billion–$5.36 billion, above the roughly $5.32 billion analyst estimate. Corpay Q3 Adjusted Earnings, Revenue Increase; Fiscal 2026 Outlook Raised
• Positive Sentiment: Management expects 9%–11% organic revenue growth in 2027 and plans to deploy about $2 billion of free cash flow, signaling confidence in growth and cash generation. Corpay projects 2027 organic revenue growth
• Neutral Sentiment: Corpay completed the sale of its vehicle maintenance business. The available report provides no details on sale proceeds or the expected financial impact. Corpay Completes Sale of Vehicle Maintenance Business

Corpay Company Profile

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.